Note 1 - Organization and Basis of Presentation: Income (loss) Per Common Share (Policies)

3 Months Ended

Mar. 31, 2018

Income (loss) Per Common Share – Basic net income (loss) per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted net loss per common share is computed similar to basic net loss per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. The dilutive effect of the Company’s options and warrants is computed using the treasury stock method while the dilutive effect of our convertible notes is computed using the if-converted method.

The following table sets forth the computation of basic and diluted Income per Share:

		For three months ended
		March 31, 2018		March 31, 2017
Numerator:
Net Income	$	82,269	$	79,726

Numerator for basic and diluted EPS – income
Available to common shareholders		82,269		79,726

Denominator:

Denominator for basic EPS – weighted average shares		31,985,827		31,862,494
Dilutive effect of warrants		2,077,564		2,395,694
Denominator for diluted EPS –weighted average shares		34,063,391		34,258,188

Basic and Diluted income per common share	$	0.00	$	0.00