Annual report pursuant to Section 13 and 15(d)

Note 2 Summary of Significant Accounting Policies: Earnings (loss) Per Share (Policies)

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Note 2 Summary of Significant Accounting Policies: Earnings (loss) Per Share (Policies)
12 Months Ended
Dec. 31, 2014
Policies  
Earnings (loss) Per Share

Earnings (loss) per share

 

The net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share.  No potentially dilutive debt or equity instruments were issued or outstanding during the years ended December 31, 2014 or 2013.

 

On July 16, 2013, the Company executed a 22.75 for 1 forward stock split.  As a result of the split, each outstanding share of the Company before the split represents 22.75 shares of common stock after the split.   All share and per share amounts have been retroactively restated in these financial statements to reflect the forward split.

 

On February 13, 2015, the Company executed a 1 for 0.831105 reverse stock split.  As a result of the split, each outstanding share of the Company before the split represents 0.831105 shares of common stock after the split.   All share and per share amounts have been retroactively restated in these financial statements to reflect the reverse split.