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Note A - Summary of Significant Accounting Policies: Net Earnings (losses) Per Common Share (Policies)
3 Months Ended
Mar. 31, 2016
Policies  
Net Earnings (losses) Per Common Share

Net Earnings (Losses) Per Common Share

 

The Company computes earnings (loss) per share by dividing net earnings (loss) by the weighted average number of shares of common stock and dilutive common stock equivalents outstanding during the year. Dilutive common stock equivalents may consist of shares issuable upon conversion of convertible preferred shares and the exercise of the Company's stock options (calculated using the treasury stock method).  As of March 31, 2016, there were 5,574,000 common stock equivalents that were anti-dilutive and were not included in the calculation. Common stock issuable is considered outstanding as of the original approval date for purposes of earnings per share computations.