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Note 9 - Earnings (loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
6 Months Ended
Mar. 31, 2014
Tables/Schedules  
Schedule of Earnings Per Share, Basic and Diluted

 

Three Months Ended March 31,

 

 

 

2014

 

 

                     2013

 

 

 

 

 

 

 

 

Net loss

 

$

(1,666,948

)

 

$

(894,719

)

 

 

 

 

 

 

 

 

 

Weighted average common shares (denominator for basic loss per share)

 

 

46,917,445

 

 

 

39,061,840 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities: Warrants

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Weighted average common shares (denominator for diluted loss per share)

 

 

46,917,445

 

 

 

39,061,840

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

(0.04

)

 

$

(0.02

)

 

The following is a reconciliation of the basic and diluted earnings (loss) per share computation for the six months ended March 31, 2014 and 2013:

Six Months Ended March 31,

 

 

 

2014

 

 

                     2013

 

 

 

 

 

 

 

 

Net loss

 

$

(2,910,534

)

 

$

(1,340,403

)

 

 

 

 

 

 

 

 

 

Weighted average common shares (denominator for basic loss per share)

 

 

46,917,445

 

 

 

39,061,840 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities: Warrants

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Weighted average common shares (denominator for diluted loss per share)

 

 

46,917,445

 

 

 

39,061,840

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

(0.06

)

 

$

(0.03

)