Earnings Per Share

2 Months Ended

12 Months Ended

Sep. 30, 2015

Sep. 30, 2016

5. EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted-average number of common shares and dilutive potential common shares outstanding during the period.

	For the period from July 21, 2015 (inception) to September 30, 2015
	2015
Numerator:
Net income	$	(315,602	)

Denominator:
Weighted-average shares outstanding
Weighted-average shares outstanding - Basic		160,823,831
Stock options		-
Weighted-average shares outstanding - Diluted		160,823,831

Earnings per share
-Basic		0.00
-Diluted		0.00

Diluted earnings per share takes into account the potential dilution that could occur if securities or other contracts to issue common stock were exercised and converted into common stock.

8. EARNINGS PER SHARE

Basic earnings per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the year. Diluted earnings per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during the year.

	For the Year Ended September 30, 2016			For the period from July 21, 2015 (Inception) to September 30, 2015
Numerator:
Net loss	$	(4,507,799	)		(315,602	)

Denominator:
Weighted-average shares outstanding:
Weighted-average shares outstanding - Basic		193,981,153			160,823,831
Stock options		-
Weighted-average shares outstanding - Diluted		193,981,153			160,823,831

Earnings per share
-Basic		0.02			0.00
-Diluted		0.02			0.00

Diluted earnings per share takes into account the potential dilution that could occur if securities or other contracts to issue common stock were exercised and converted into common stock.