Basic Loss Per Share of Common Stock

3 Months Ended

Sep. 30, 2012

Earnings (Loss) per Share

Note 2 - Basic Loss Per Share of Common Stock

	For the three months ended, Sept 30, 2012		For the three months ended, Sept 30, 2011
Income (Loss) (numerator)	$	87,105	$	(142,870	)
Basic Shares (denominator)		39,994,066		34,385,333
Fully Diluted Shares (denominator)		42,354,066		36,745,333
Basic Income (Loss) Per Share	$	0.00	$	(0.00	)
Fully Diluted Income (Loss) Per Share	$	0.00	$	N/A

The basic loss per share of common stock is based on the weighted average number of shares issued and outstanding during the period of the financial statements.  Stock warrants convertible into 2,360,000 shares of common stock are not included in the basic calculation because their inclusion would be antidilutive, thereby reducing the net loss per common share.