Earnings Per Share
|9 Months Ended|
Sep. 30, 2015
|Earnings Per Share [Abstract]|
|Earnings Per Share||
NOTE 17 - EARNINGS PER SHARE
FASB ASC Topic 260, Earnings Per Share, requires a reconciliation of the numerator denominator of the basic and diluted earnings (loss) per share (EPS) computations.
Basic earnings (loss) per share are computed by dividing the net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares are dilutive.
As the Company has net losses, the Company had no potential dilutive securities for the nine months ended September 30, 2015 and 2014 as they would be anti-dilutive. Therefore, there is no difference in the basic and dilutive loss per share.
The following table sets for the computation of basic and diluted net loss per share:
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef