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Computation of basic and diluted Loss per Share (Tables)
 3 Months Ended
Mar. 31, 2016
Computation of basic and diluted Loss per Share  
Schedule of computation of basic and diluted Loss per Share

The following table sets forth the computation of basic and diluted Loss per Share:

 

 

 

Three-month

 

Three-month

 

 

March 31, 2016

 

March 31, 2015

Numerator:

Net Loss

$

(372,380)

$

(443,620)

Numerator for basic EPS – income (loss)

Available to common shareholders

(372,380)

(443,620)

Numerator for diluted EPS – income (loss)

Income available to common shareholders

(372,380)

(443,620)

Denominator:

Denominator for basic EPS –

Weighted average shares

31,435,827

31,269,160

Denominator for diluted EPS -

Weighted-average shares and assumed Conversions

31,435,827

31,269,160

Basic loss per common share

$

(0.01)

$

(0.01)

Diluted loss per common share

$

(0.01)

$

(0.01)