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Note 1 - Organization and Basis of Presentation: Earnings Per Share, Policy (Policies)
6 Months Ended
Jun. 30, 2017
Policies  
Earnings Per Share, Policy

Income (loss) Per Common Share – Basic net income (loss) per common share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding. Diluted net income (loss) per common share is computed similar to basic net loss per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. The dilutive effect of the Company’s options and warrants is computed using the treasury stock method while the dilutive effect of our convertible notes is computed using the if-converted method. For the three months ended June 30, 2017 and for the three and six months ended June 30, 2016, diluted net loss per share is equivalent to basic net loss per share as the inclusion of any shares committed to be issued would be anti-dilutive.

 

The following table sets forth the computation of basic and diluted Loss per Share:

 

 

For three months ended

June 30, 2017

For six months ended

June 30, 2017

Numerator:

Net Income (Loss)

$

 (6,842)

$

 72,884

Numerator for basic and diluted EPS – income (loss)

-

-

Available to common shareholders

 (6,842)

 72,884

Denominator:

Denominator for basic EPS – weighted average shares

 31,985,827

 31,924,501

Dilutive effect of warrants

 -

 2,130,835

Denominator for diluted EPS –weighted average shares

 31,985,827

 34,055,336

Basic and Diluted income (loss) per common share

(0.00)

0.00