Earnings or Loss per Share

6 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Note 8 - Earnings or Loss per Share

Basic net earnings or loss per share is computed by dividing net income by the weighted-average number of common shares outstanding during the reporting period. Diluted net loss per share is computed similarly to basic net loss per share, except that it includes the potential dilution that could occur if dilutive securities are exercised. We have prepared the calculation of earnings or loss per share using the weighted-average number of common shares of the Company that were outstanding during the three and six months ended December 31, 2018 and 2017.

Dilutive instruments had no effect on the calculation of earnings or loss per share during the three and six months ended December 31, 2018 and 2017.