XML 58 R21.htm IDEA: XBRL DOCUMENT

Note 2 - Summary of Significant Accounting Policies: Earnings Per Share, Policy (Policies)

6 Months Ended

Mar. 31, 2015

c. Net Loss per Share – Basic earnings per share (“EPS”) is computed as net loss divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, warrants, and other convertible securities.

The dilutive effect of convertible and outstanding securities, in periods of future income as of March 31, 2015 and 2014, would be as follows:

	2015	2014
Stock options	594,189	277,833
Warrants	25,000	25,000
Total possible dilution	619,189	302,833

At March 31, 2015 and 2014, the effect of the Company’s outstanding options and common stock equivalents would have been anti-dilutive.

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

+ References+ Details