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EXCEL - IDEA: XBRL DOCUMENT - METWOOD INCFinancial_Report.xls
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NOTE 3 - EARNINGS PER SHARE
3 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
NOTE 3 – EARNINGS PER SHARE

NOTE 3 – EARNINGS PER SHARE

Net income (loss) and earnings per share for the three months ended September 30, 2012 and 2011 are as follows:

   For the Three Months Ended
   September 30,
   2012  2011
Net income (loss)  $21,681   $(19,764)
Earnings per share - basic and fully diluted    $     **     $    ** 
Weighted average number of shares   12,231,797    12,231,797 
           
**Less than $0.01          

 

As of November 7, 2012, the number of shares outstanding of the registrant’s common stock, $0.001 par value (the only class of voting stock), was 12,791,797 shares.