Quarterly report pursuant to Section 13 or 15(d)

Net (loss) income, per share (Policies)

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Net (loss) income, per share (Policies)
6 Months Ended
Jun. 30, 2012
Policies  
Net (loss) income, per share

 

 Net (loss) income  per share

 

The Company accounts for net (loss) income per share in accordance with Accounting Standards Codification subtopic 260-10, Earnings Per Share (“ASC 260-10”), which requires presentation of basic and diluted earnings per share (“EPS”) on the face of the statement of operations for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS.

 

 

Basic net (loss) income per share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding during each period.  It excludes the dilutive effects of any potentially issuable common shares.  Diluted net (loss) income share is calculated by including any potentially dilutive share issuances in the denominator.  As of June 30, 2012 and 2011, the Company did not have any potentially issuable common shares.