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Significant Accounting Policies: Basic and Diluted Net Income Per Share Policy (Policies)
3 Months Ended
Jun. 30, 2013
Policies  
Basic and Diluted Net Income Per Share Policy

Basic and Diluted Net Income per Share

 

The Company computes income per share in accordance with “ASC-260”, “Earnings per Share” which requires presentation of both basic and diluted income per share on the face of the statement of operations. Basic income per share is computed by dividing net income available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive income per share excludes all potential common shares if their effect is anti-dilutive.

 

The Company has no potential dilutive instruments and accordingly basic income and diluted income per share are the same.

 

The weighted average number of shares used in computing the income per share has been adjusted to give effect to the reverse merger described in Note 1.