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Note 9 - Earnings (loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
9 Months Ended
Jun. 30, 2014
Tables/Schedules  
Schedule of Earnings Per Share, Basic and Diluted

 

Three months Ended June 30,

 

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

Net loss

 

$

(1,529,920

)

 

$

(1,029,283)

 

 

 

 

 

 

 

 

 

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

 

 

 46,917,445

 

 

 

39,061,840 

 

 

 

 

 

 

 

 

 

 

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

 

 

46,917,445

 

 

 

39,061,840

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

(0.03

)

 

$

(0.03

)

 

The following is a reconciliation of the basic and diluted earnings (loss) per share computation for the nine months ended June 30, 2014 and 2013:

 

Nine months Ended June 30,

 

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

Net loss

 

$

(4,440,454

)

 

$

(2,369,686)

 

 

 

 

 

 

 

 

 

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

 

 

 46,917,445

 

 

 

39,061,840 

 

 

 

 

 

 

 

 

 

 

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

 

 

46,917,445

 

 

 

39,061,840

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

(0.09

)

 

$

(0.06

)