Three Months Ended December 31,

2012

2011

Loss from continuing operations

$

(1,062,472

)

$

(195,218

)

Less: preferred stock dividends

(479

)

(479

)

Loss from continuing operations applicable to common stock

(1,062,951

)

(195,697

)

Income (loss) from discontinued operations

1,963

3,580

Net loss applicable to common stock

$

(1,060,988

)

$

(192,117

)

Weighted average common shares outstanding - basic and diluted

2,653,937

1,043,960

Earnings per share - basic and diluted:

Loss from continuing operations

$

(0.40

)

$

(0.18

)

Discontinued operations

0.00

Net loss

$

(0.40

)

$

(0.18

)