Basic and diluted net loss per share (Policies)

12 Months Ended

Mar. 31, 2013

e - Basic and diluted net loss per share

The Company computes net loss per share in accordance with GAAP. The Company presents both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerators) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all potentially dilutive common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants.

Diluted EPS excludes all potentially dilutive shares if their effect is anti-dilutive. The Company had no common stock equivalents outstanding at March 31, 2013.

.		For the Year Ended
		March 31, 2013		March 31, 2012

Basic Earnings per share:
Income(loss)(numerator)	$	(46,929)	$	(20,258)
Shares(denominator)		6,960,000		6,960,000
Per share amount	$	(0.01)	$	-

.		For the Year Ended
		March 31, 2013		March 31, 2012

Fully Diluted Earnings per share:
Income(loss)(numerator)	$	(46,929)	$	(20,258)
Shares(denominator)		6,960,000		6,960,000
Per share amount	$	(0.01)	$	-

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

+ References+ Details