Note 1 - Organization and Summary of Significant Accounting Policies: Net Income (loss) Per Share (Policies)

3 Months Ended

Jul. 31, 2018

Policies

Net Income (loss) Per Share

Net Income (Loss) Per Share

The computation of basic earnings per share (“EPS”) is based on the weighted average number of shares that were outstanding during the period, including shares of common stock that are issuable at the end of the reporting period. The computation of diluted EPS is based on the number of basic weighted-average shares outstanding plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. The computation of diluted net income per share does not assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on earnings per share. Therefore, when calculating EPS, if the Company experienced a loss, there is no inclusion of dilutive securities as their inclusion in the EPS calculation is antidilutive. Furthermore, options and warrants will have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options or warrants (they are in the money).

Following is the computation of basic and diluted net loss per share for the three months ended July 31, 2018 and 2017:

		Three Months Ended
		July 31,
		2018	2017
Basic and Diluted EPS Computation
Numerator:
	Loss available to common stockholders'	$          120,798	$     (355,641)
Denominator:
	Weighted average number of common shares outstanding	380,188,271	3,903,908
Basic and diluted EPS		$                 0.00	$            (0.09)
Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares):
	Convertible promissory notes	3,820,094,155	73,918,636