NOTE 7 - LOSS PER SHARE

6 Months Ended

Jun. 30, 2020

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, 2020		June 30, 2019
Net loss (numerator)	$	(64,371)	$	(44,234)
Weighted average shares outstanding (denominator)		11,000,000		11,000,000
Basic and fully diluted net loss per share amount	$	(0.01)	$	(0.00)

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

		June 30, 2020		June 30, 2019
Net loss (numerator)	$	(27,714)	$	(18,059)
Weighted average shares outstanding (denominator)		11,000,000		11,000,000
Basic and fully diluted net loss per share amount	$	(0.00)	$	(0.00)

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, 2020 and 2019, 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, 2020 and 2019:

	June 30,
	2020	2019
Basic weighted average shares outstanding	11,000,000	11,000,000
Convertible debt	90,000	0
Total	11,090,000	11,000,000

The following data show the fully diluted shares for the three months ended June 30, 2020 and 2019:

	June 30,
	2020	2019
Basic weighted average shares outstanding	11,000,000	11,000,000
Convertible debt	90,000	0
Total	11,090,000	11,000,000