NOTE 7 - LOSS PER SHARE

6 Months Ended

Jun. 30, 2022

Notes

NOTE 7 - LOSS PER SHARE

NOTE 7 - LOSS PER SHARE

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

The following data show the amounts used in computing loss per share for the six months ended:

		June 30, 2022		June 30, 2021
Net loss (numerator)	$	(50,299)	$	(58,058)
Weighted average shares outstanding (denominator)		1,135,194		1,135,194
Basic and fully diluted net loss per share amount	$	(0.04)	$	(0.05)

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.  For the six months ended June 30, 2022 and 2021, the inclusion of these shares on the statements 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 six months ended June 30, 2022 and 2021:

	June 30,
	2022	2021
Basic weighted average shares outstanding	1,135,194	1,135,194
Convertible debt	13,750	11,143
Total	1,148,944	1,146,337