Thursday, August 22, 2013 1:00:17 PM
ANYONE NOT UNDERSTAND 32 MILLION OUTSTANDING
and 342 Million Total..??
Loss per Common Share
(( Quarterly Report (10-q) Date : 08/14/2013 ))
Loss per share of common stock is computed based on the weighted average number of common shares outstanding during the period. Stock options, warrants, and common stock underlying convertible promissory notes are not considered in the calculations for the periods ended June 30, 2013 and June 30, 2012, as the impact of the potential common shares, which totaled approximately 342,813,000 (June 30, 2013) and 21,261,000 (June 30, 2012), would be anti-dilutive and decrease loss per share. Therefore, diluted loss per share presented for the three and six month periods ended June 30, 2013 and June 30, 2012 is equal to basic loss per share.
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