| Earnings (Loss) Per Common Share |
Note 4 – Earnings (Loss) Per Common Share
Earnings (loss) per common share data was computed as follows:
| | |
Nine Months
Ended January
31, 2020 | | |
Nine Months
Ended January
31, 2019 | | |
Three Months
Ended January
31, 2020 | | |
Three Months
Ended January
31, 2019 | |
| Net income (loss) attributable to common stockholders – basic | |
$ | 1,162,100 | | |
$ | (15,171 | ) | |
$ | 595,174 | | |
$ | 12,391 | |
| Adjustments to net income (loss) | |
| — | | |
| — | | |
| — | | |
| — | |
| Net income (loss) attributable to common stockholders – diluted | |
$ | 1,162,100 | | |
$ | (15,171 | ) | |
$ | 595,174 | | |
$ | 12,391 | |
| | |
| | | |
| | | |
| | | |
| | |
| Weighted average common shares outstanding – basic | |
| 804,568,578 | | |
| 739,049,963 | | |
| 830,647,609 | | |
| 746,894,212 | |
| Effect of dilutive securities | |
| — | | |
| — | | |
| — | | |
| — | |
| Weighted average common shares outstanding – diluted | |
| 804,568,578 | | |
| 739,049,963 | | |
| 830,647,609 | | |
| 746,894,212 | |
| | |
| | | |
| | | |
| | | |
| | |
| Earnings (loss) per common share – basic | |
$ | 0.00 | | |
$ | (0.00 | ) | |
$ | 0.00 | | |
$ | (0.00 | ) |
| Earnings (loss) per common share – diluted | |
$ | 0.00 | | |
$ | (0.00 | ) | |
$ | 0.00 | | |
$ | (0.00 | ) |
For the nine-
and three-month periods ended January 31, 2020, the Company had no outstanding securities that were convertible into common stock.
For the nine- and three-month periods ended January 31, 2019, the Company excluded 18,000,000 shares of common stock, issuable
upon the exercise of outstanding stock options from the calculation of net loss per share because the effect would be anti-dilutive.
|