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Note 9 - Loss Per Share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

9. Loss Per Share


Basic and diluted loss per common share are computed as follows:


   

For the six months

ended June 30, 
    2014   2015
         
Net loss attributable to common shareholders’     (7,881,596 )     (9,514,709 )
                 
Weighted average common shares – Outstanding     5,244,685       5,784,025  
Basic and diluted  loss per share     (1.50 )     (1.64 )

The Company excluded the effect of 66,225 unvested incentive award shares as of June 30, 2014 as they were anti-dilutive.