Note 2 - Summary of Significant Accounting Policies: h. Net Income (Loss) per Share (Policies)

3 Months Ended

Dec. 31, 2019

Policies

h. Net Income (Loss) per Share

h.      Net Income (Loss) per Share – Basic earnings per share (“EPS”) is computed as net income (loss) available to common shareholders 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 as of December 31, 2019 and 2018 is as follows:

	December 31, 2019	December 31, 2018
Stock options	5,650,000	3,280,000
Warrants	53,541,908	49,106,373
Total potential dilution	59,191,908	52,386,373

At December 31, 2019 and 2018, the effect of the Company’s common stock equivalents would have been anti-dilutive.