v3.3.0.814

Statements of Operations - USD ($)	12 Months Ended
Statements of Operations - USD ($)	Jun. 30, 2015	Jun. 30, 2014
REVENUE
Fee revenue		$ 25,709
Interest revenue		27,183
Total revenue		52,892
OPERATING EXPENSES
Selling, general and administrative	$ 248,414	605,935
Total operating expenses	248,414	605,935
Loss from operations	$ (248,414)	(553,043)
Other income
Realized gain on marketable securities		$ 58,091
Inventory recovery	$ 33,680
Interest and dividend income	328	$ 6,653
Total other income	34,008	64,744
Net loss	$ (214,406)	$ (488,299)
Net loss per share attributable to common shareholders - basic and diluted	$ (0.02)	$ (0.48)
Weighted average number of common shares used in computation - basic and diluted	10,513,850	1,013,466

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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Avangard Capital Group, Inc 10-K