v3.22.2.2
NOTE 1 - BASIS OF PRESENTATION: Basic and Diluted Loss per Common Share (Policies)
12 Months Ended
Jun. 30, 2022
Policies  
Basic and Diluted Loss per Common Share

Basic and Diluted Loss per Common Share

 

Basic loss per common share excludes dilution and is computed by dividing loss available to common stockholders by the weighted average number of common shares outstanding during the period of computation. Diluted loss per share gives effect to all potential dilutive common shares outstanding during the period of compensation. The computation of diluted loss per share does not assume conversion, exercise or contingent exercise of securities that would have an antidilutive effect on earnings. As of June 30, 2022, and 2021, the Company had no potentially dilutive securities that would affect the loss per share if they were to be included in the loss per share.