Friday, August 31, 2018 10:59:09 AM
Basic and Diluted Loss Per Common Share
Basic loss per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding
during the period. Diluted loss per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.
Basic and diluted loss per shares are calculated the same for all periods presented due to the net loss. The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:
June 30,2018 2017
Options 2,883,379
Warrants 1,061
Series A convertible preferred stock 115,000
Series B convertible preferred stock 41,842,241
Convertible debentures 107,185,742
Total potentially dilutive shares 110,185,182
Recent CRTG News
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