Annual report pursuant to Section 13 and 15(d)

Note 3 - Summary of Significant Accounting Policies: Loss Per Share (Policies)

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Note 3 - Summary of Significant Accounting Policies: Loss Per Share (Policies)
12 Months Ended
Dec. 31, 2018
Policies  
Loss Per Share

Income (Loss) Per Share

 

Basic loss per share is computed by dividing the Company’s net loss by the weighted average number of common shares outstanding during the period presented. Diluted loss per share is based on the treasury stock method and includes the effect from potential issuance of common stock such as shares issuable pursuant to the exercise of warrants and conversions of debentures. Potentially dilutive securities as of December 31, 2018, consisted of 232,333,598 common shares from convertible debentures and related accrued interest and 192,148,956 common shares from outstanding warrants. Potentially dilutive securities as of December 31, 2017, consisted of 196,097,025 common shares from convertible debentures and related accrued interest and 119,301,754 common shares from outstanding warrants. For 2018 and 2017, diluted and basic weighted average shares were the same, as potentially dilutive shares are anti-dilutive.