Friday, July 15, 2016 9:57:48 PM
See page Page F-8 of the Annual Report (hint) at the end:
http://ih.advfn.com/p.php?pid=nmona&article=71128264
Basic and Diluted Loss Per Share
The Company computes net loss 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 statement of operations. Basic EPS is computed by dividing net income (loss) 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 or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
As of December 31, 2015, there were approximately 5,308,529,772 (December 31, 2014: 27,687,805) potentially dilutive shares outstanding.
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Also encourage you to look.....on page 12-13 of the below link to the 10Q, a summary of the Annual detail, since Q1, we have had additional Convertible Debentures so mid August report will be telling....
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11404309
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......and once more from the Annual, see page 31 at the bottom titled Financing Activities thru page 40, which is the back up for pages 12-13 of the Q above....
http://ih.advfn.com/p.php?pid=nmona&article=71128264
Respectfully,
No BS, it is all there, Management tells it like it is in the Filings, if folks read it, there will be less lemmings, GLTA !
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