Net Income (Loss) Per Common Share	6 Months Ended
Jun. 30, 2011
Net Income (Loss) Per Common Share	Note 7 – Net Income (Loss) Per Common Share Basic EPS includes no dilution and is computed by dividing income or (loss) applicable to common stock by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of securities that could share in the earnings of an entity, similar to fully diluted EPS. For the six months ended June 30, 2011, the additional shares issuable pursuant to the terms of the convertible promissory notes were included in the computation of diluted loss per share. For the three months ended June 30, 2011 and 2010, and the six months ended June 30, 2011, the potential effects of any dilutive securities were excluded from the calculation of diluted income (loss) per share because their inclusion would have been anti-dilutive.

Net Income (Loss) Per Common Share

6 Months Ended

Jun. 30, 2011

Note 7 – Net Income (Loss) Per Common Share

Basic EPS includes no dilution and is computed by dividing income or (loss) applicable to common stock by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of securities that could share in the earnings of an entity, similar to fully diluted EPS. For the six months ended June 30, 2011, the additional shares issuable pursuant to the terms of the convertible promissory notes were included in the computation of diluted loss per share. For the three months ended June 30, 2011 and 2010, and the six months ended June 30, 2011, the potential effects of any dilutive securities were excluded from the calculation of diluted income (loss) per share because their inclusion would have been anti-dilutive.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

KL Energy Corp 10-Q