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10-Q/A - AMENDED QUARTERLY REPORT - BIOSHAFT WATER TECHNOLOGY, INC.bshf_10qa.htm
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v2.4.0.6
SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES: Basic Loss per Common Share: Summary of outstanding securities (Tables)
3 Months Ended
Jul. 31, 2012
Tables/Schedules  
Summary of outstanding securities

 

.

 

For the Three

Months

Ended

July 31, 2012

 

Weighted average common shares outstanding used in calculating basic earnings per share

 

 

104,383,000

 

Warrants

 

 

6,947,147

 

Effect of conversion feature on loans payable

 

 

20,000,000

 

Weighted average common and common equivalent shares used in calculating diluted earnings per share

 

 

131,330,147

 

 

 

 

 

 

Net income as reported

 

$

1,360,407

 

Add - Interest on convertible loans payable

 

 

18,904

 

Net income available to common stockholders

 

$

1,379,311