Three months ended

June 30,

Six months ended

June 30,

2017

2016

2017

2016

Net loss from continuing operations

$

(42,851)

$

(46,460)

$

(118,478)

$

(178,081)

Net loss from discontinued operations

--

3,260

--

1,256

Net Loss

(42,851)

(43,200)

(118,478)

(176,825)

Basic and diluted:

Preferred stock cumulative dividend - Series D

(10,706)

(10,706)

(21,294)

(21,411)

Income applicable to preferred stockholders

(10,706)

(10,706)

(21,294)

(21,411)

Net loss applicable to common stockholders

$

(53,557)

$

(53,906)

$

(139,772)

$

(198,236)

Weighted average shares outstanding used in

calculating net loss per common share

11,017,388

11,017,388

11,017,388

11,017,388