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Earnings Per Share
 6 Months Ended 12 Months Ended
Mar. 31, 2017
Sep. 30, 2016
Earnings Per Share [Abstract]    
EARNINGS PER SHARE

9. 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 Three Months Ended March 31,  For the Three Months Ended
March 31,		  

For the

Six Months Ended

March 31,

  

For the

Six Months Ended

March 31,

 
  2017  2016  2017  2016 
Numerator:            
Net loss $(256,671) $(6,608,712) $(397,008) $(10,110,147)
                 
Denominator:                
Weighted-average shares outstanding:                
Weighted-average shares outstanding – Basic & Diluted  212,056,647   208,758,821   211,432,361   207,230,133 
                 
Earnings per share                
-Basic & Diluted  (0.00)  (0.03)  (0.00)  (0.05)

9. 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 $(11,007,799)  (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  (0.06)  0.00 
-Diluted  (0.06)  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.