Loss Per Share

3 Months Ended

Mar. 31, 2017

Note 9. Loss Per Share

The Company computes loss per share using two different methods, basic and diluted, and presents per share data for all periods in which statements of operations are presented. Basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted average number of common stock and common stock equivalents outstanding during the period so long as the effect of including the common stock equivalents is not anti-dilutive.

The following tables provide a reconciliation of the numerators and denominators used in calculating basic and diluted loss per share for the three months ended March 31, 2017 and 2016:

	Three Months			Three Months
	Ended			Ended
	March 31, 2017			March 31, 2016

Basic and diluted loss per share calculation:
Net loss from continuing operations to common shareholders	$	(65,881	)	$	(53,227	)
Net loss to common shareholders	$	(65,881	)	$	(53,227	)

Weighted average common shares outstanding		28,411,611			28,334,290

Net loss per share from continuing operations	$	-		$	-
Basic and diluted net loss per common share	$	-		$	-

The following common stock equivalents have been excluded from the diluted per share calculations since they are anti-dilutive:

(1)

At March 31, 2017 and 2016, there were outstanding convertible debentures equivalent to 160,000 and 220,000 common shares.

(2)

At March 31, 2017 and 2016, there were no outstanding warrant equivalents.

(3)

At March 31, 2017 and 2016, there were no outstanding options equivalents.

(4)

At March 31, 2017 and 2016, there were no outstanding revolving convertible note equivalents.

TRAILBLAZER RESOURCES INC. 10-Q