NOTE 5 - LOSS PER SHARE

12 Months Ended

Dec. 31, 2020

Notes

NOTE 5 - LOSS PER SHARE

NOTE 5 - LOSS PER SHARE

The computation of basic loss per share is based on the weighted average number of shares outstanding during each year.  

The following data show the amounts used in computing loss per share:

		December 31,
		2020		2019
Net loss (numerator)	$	(119,191)	$	(101,915)
Weighted average shares outstanding (denominator)		1,135,194		1,135,194
Basic and fully diluted net loss per share amount	$	(0.10)	$	(0.09)

The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the year plus the common stock equivalents as detailed in the following chart.  In 2020 and 2019, the inclusion of these shares on the statement of operations would have resulted in a weighted average shares fully diluted number that was anti-dilutive and as such they are excluded.  

The following data show the fully diluted shares for the years ended December 31, 2020 and 2019:

	December 31,
	2020	2019
Basic weighted average shares outstanding	1,135,194	1,135,194
Convertible debt	90,000	90,000
Total	1,225,194	1,225,194