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Note 1 - Basis of Presentation and Nature of Operations Note 2 - Summary of Significant Accounting Policies: Basic and Diluted Earnings Per Share (Policies)

12 Months Ended

Jun. 30, 2012

Policies

Basic and Diluted Earnings Per Share

Net loss per share is calculated in accordance with FASB ASC 260, Earnings Per Share, for the period presented. ASC 260 requires presentation of basic earnings per share and diluted earnings per share. Basic income (loss) per share (“Basic EPS”) is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share (“Diluted EPS”) is similarly calculated. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. As at June 30, 2012, there were no potentially dilutive securities.

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the year and period ended June 30, 2012 and 2011:

	2012	2011
Numerator:
Basic and diluted net loss per share:
Net Loss	$(18885)	$(33214)
Denominator:
Basic and diluted weighted average number of shares outstanding	3944000	5950000
Basic and diluted net loss per share	$(0.01)	$(0.00)

- 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.

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