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Note 5 - Earnings Per Share
12 Months Ended
Sep. 30, 2012
Notes  
Note 5 - Earnings Per Share

NOTE 5 - EARNINGS PER SHARE

 

The computation of earnings (loss) per share for the period ended September, 30, 2012 is as follows:

 

 

INCOME/LOSS PER COMMON SHARE, BASIC

September 30, 2012

Numerator Net Income

 $         (64,247)

Denominator Weighted-average Shares

        11,150,000

Net Loss per common share

 $         (0.0058)

 

 

 

 

 

             

For the period from inception (November 17, 2009) to September 30, 2012 there were 5,000,000 shares issuable upon exercise of warrants, however the exercise prices are such that issuance of these shares would be non-dilutive. Thus diluted earnings per share were the same as basic earnings per share at all times.