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Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies: Earnings Per Share, Policy (Policies)
3 Months Ended
Mar. 31, 2016
Policies  
Earnings Per Share, Policy

 

Net Profit (Loss) per Common Share   

 

 Basic profit / (loss) per share is computed on the basis of the weighted average number of common shares outstanding.  At March 31, 2016, we had outstanding common shares of 139,846,765 used in the calculation of basic earnings per share.  Basic Weighted average common shares and equivalents at March 31, 2016 and 2015 were 139,846,765 and 31,577,445 respectively.  As of December 31, 2015, we had outstanding warrants to purchase 1,050,000 additional common shares and options to purchase 75,122 additional common shares. Fully diluted weighted average common shares and equivalents as of March 31, 2016 were 140,571,887 and were withheld from the calculation for the same period in 2015, as they were considered anti-dilutive.