NOTE 7 - LOSS PER SHARE

9 Months Ended

Sep. 30, 2023

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 nine months ended:

		September 30, 2023		September 30, 2022
Net loss (numerator)	$	(72,746)	$	(72,503)
Weighted average shares outstanding (denominator)		1,135,194		1,135,194
Basic and fully diluted net loss per share amount	$	(0.06)	$	(0.06)

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 nine months ended September 30, 2023 and 2022, 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 nine months ended September 30, 2023 and 2022:

	September 30,
	2023	2022
Basic weighted average shares outstanding	1,135,194	1,135,194
Convertible debt	15,281	14,109
Total	1,150,475	1,149,303