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

3 Months Ended

Dec. 31, 2015

Policies

Earnings Per Share, Policy

b.             Net Income (Loss) per Share – Basic earnings per share (“EPS”) is computed as net income (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 December 31, 2015 and 2014, would be as follows:

	2015	2014
Stock options	577,615	568.334
Stock unit awards	675,000	-
Warrants	12,500	25,000
Total possible dilution	1,265,115	593.334

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