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

6 Months Ended

Dec. 31, 2017

Net Loss Per Share of Common Stock

U.S. GAAP requires a reconciliation of the numerator and denominator of the basic earnings per share computation. In the accompanying consolidated financial statements, basic earnings (loss) per share are computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic earnings per share:

	Six Months Ended Dec 31, 2017		Six Months Ended Dec 31, 2016

Net loss	$	(1,006,910)	$	(134,001)

Weighted average common shares issued and Outstanding, Basic and Diluted		25,618,352		25,366,224

Net loss per share, Basic and Diluted	$	(0.04)	$	(0.01)

Basic net loss per common share is computed using the weighted average number of common shares outstanding. Diluted earnings per share include additional dilution from common stock equivalents, such as stock issuable pursuant to the exercise of stock options and warrants. The Company did not have any potentially dilutive securities, such as options or warrants, issued and outstanding as of December 31, 2017.

SweeGen, Inc. 10-Q