2 Significant Accounting Policies: Earnings Per Share (Policies)

12 Months Ended

Jun. 30, 2015

Policies

Earnings Per Share

Earnings per share

Basic earnings per common share are computed on the basis of the weighted average number of common shares outstanding during the period. Diluted earnings per share are computed on the basis of the weighted average number of common shares and dilutive securities (such as warrants and convertible preferred stock) outstanding. Dilutive securities having an anti-dilutive effect on diluted earnings per share are excluded from the calculation.