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EXCEL - IDEA: XBRL DOCUMENT - Windstream Technologies, Inc.Financial_Report.xls
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EX-32 - EXHIBIT 32 - Windstream Technologies, Inc.ex322012.htm
EX-31 - CONVERTED BY EDGARWIZ - Windstream Technologies, Inc.certification2012.htm
10-K - SECURITIES AND EXCHANGE COMMISSION - Windstream Technologies, Inc.bluestar10kfinaled.htm
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v2.4.0.6
Earnings Per Share
6 Months Ended
Dec. 31, 2012
Earnings Per Share:  
Earnings Per Share

Basic and diluted loss per share - Basic loss per share is based on the weighted-average number of shares of common stock outstanding.  Diluted Loss per share is based on the weighted-average number of shares of common stock outstanding adjusted for the effects of common stock that may be issued as a result of the following types of potentially dilutive instruments:

 

•              Warrants,

 

•              Employee stock options, and

 

•              Other equity awards, which include long-term incentive awards.

 

 

 

 

 

BLUE STAR ENTERTAINMENT TECHNOLOGIES, INC.

(Formerly Solarte Hotel Corporation)

 [A Development Stage Company]

 

NOTES TO FINANCIAL STATEMENTS

 

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

 

 

 

The FASB ASC Topic 260, Loss Per Share, requires the Company to include additional shares in the computation of loss per share, assuming dilution.

 

Diluted loss per share is based on the assumption that all dilutive options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options are assumed to be exercised at the time of issuance, and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

 

Basic and diluted loss per share is the same as there was no dilutive effect of any stock options for the years ended June 30, 2012 and 2011.