Note 2 - Summary of Significant Accounting Policies: Basic and Diluted Net Income Per Share (Policies)	12 Months Ended
Jun. 30, 2016
Policies
Basic and Diluted Net Income Per Share	Basic and Diluted Net Income per Share The Company computes net income per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options, warrants or debentures. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As of June 30, 2016 and 2015, there were no dilutive securities as the Company had incurred net losses.

Note 2 - Summary of Significant Accounting Policies: Basic and Diluted Net Income Per Share (Policies)

12 Months Ended

Jun. 30, 2016

Basic and Diluted Net Income per Share

The Company computes net income per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options, warrants or debentures. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As of June 30, 2016 and 2015, there were no dilutive securities as the Company had incurred net losses.

VAPOR HUB INTERNATIONAL INC. 10-K