For the three months ended

June 30,

For the six months ended

June 30,

2016

2015

2016

2015

Net loss from continuing operations

$

(46,460)

$

(1,939,660)

$

(178,081)

$

(2,432,086)

Net loss from discontinued operations

3,260

(111,448)

1,256

(263,629)

Net Loss

(43,200)

(2,051,108)

(176,825)

(2,695,715)

Basic and diluted:

Preferred stock cumulative dividend - Series D

(10,706)

(10,706)

(21,411)

(21,295)

Income applicable to preferred stockholders

(10,706)

(10,706)

(21,411)

(21,295)

Net loss applicable to common stockholders

$

(53,906)

$

(2,061,814)

$

(198,236)

$

(2,717,010)

Weighted average shares outstanding used in

calculating net loss per common share

11,017,388

11,017,388

11,017,388

11,007,405