We
follow ASC subtopic 260-10, Earnings per Share (“ASC 260-10”), which specifies the computation, presentation, and disclosu
re
requirements of earnings per share information. Basic income (loss) per share has been calculated based upon the weighted average number
of common shares outstanding. Diluted income (loss) per share reflects the potential dilution that could occur if stock options
or other contracts to issue common stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect
on diluted earnings per share are excluded from the calculation.
September 30, 2021 | September 30, 2020 | |||||||
Warrants to purchase common stock | - | 233,060 | ||||||
Notes convertible into common stock | 161,742,478 | |||||||
Totals | 161,975,538 |
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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