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Significant Accounting Policies: Net Earnings (loss) Per Share (Policies)

3 Months Ended

Jun. 30, 2012

Net Earnings (Loss) per Share

Basic and diluted net loss per share information is presented under the requirements of ASC Topic 260, Earnings per Share. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period, less shares subject to repurchase. Diluted net loss per share reflects the potential dilution of securities by adding other common stock equivalents, including stock options, shares subject to repurchase, warrants and convertible notes in the weighted-average number of common shares outstanding for a period, if dilutive. The computation of earnings (loss) per share is as follows:

	Three Months Ended June 30, 2012	Three Months Ended June 30, 2011
Net Loss	$ (123,679)	$ (163,768)
Weighted Average Shares Outstanding Basic	135,538,525	134,823,827
Loss per share basic	(0.00)	(0.00)

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

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