Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Summary of Significant Accounting Policies: Loss Per Share (Policies)

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Note 2 - Summary of Significant Accounting Policies: Loss Per Share (Policies)
6 Months Ended
Jun. 30, 2019
Policies  
Loss Per Share

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 June 30, 2019, consisted of 99,022,158 common shares issuable upon the conversion of convertible debentures and related accrued interest and 196,803,751 common shares issuable upon the exercise of outstanding warrants. Potentially dilutive securities as of June 30, 2018, consisted of 220,738,599 common shares issuable upon the conversion of convertible debentures and related accrued interest and 161,874,134 common shares issuable upon the exercise of outstanding warrants. For the six months ended June 30, 2019 and 2018 diluted and basic weighted average shares are the same, as potentially dilutive shares are anti-dilutive.