Basic Loss Per Share of Common Stock

3 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Note 2 - Basic Loss Per Share of Common Stock

	For the three months ended Sept 30, 2017			For the three months ended, Sept 30, 2016
Income (Loss) (numerator)	$	(151,072	)	$	(497,910	)
Basic Shares (denominator)		70,421,371			66,141,766
Basic Income (Loss) Per Share	$	(0.00	)	$	(0.01	)

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 11,193,334 shares of common stock are not included in the fully diluted income per share calculation for the three months ended September 30, 2017, because their inclusion would be antidilutive, thereby reducing the net loss per common share.