Bayside Corporation (BYSD)

[Mark_Felt]

What does this mean?

Question: I got this off the September 30th financials. The part I've highlighted in red, what does this mean?


"We utilize ASC 260, “Earnings Per Share” for calculating the basic and diluted loss per share. In accordance with ASC 260, the
basic and diluted loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted net loss per share is computed similar to basic loss per share except that the denominator is adjusted for the potential dilution that could occur if stock options, warrants, and other convertible securities were exercised or converted into common stock. Potentially dilute securities are not included in the calculation of the diluted loss per share if their effect would be anti-dilutive. The Company has 23,238,730,524 and 69,923,730,524 common stock OTC Markets Group Inc. OTC Pink Basic Disclosure Guidelines (v1.1 April 25, 2013)
equivalents at September 30, 2018 and 2017, respectively. For the three and nine months ended September 30, 2018 and 2017
these potential shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would reduce
net loss per share."


How does this fit into debt settlement with Rockwell?
How does this fit in with note payable?

Not being a wise-ass just want to know what this means as I'm not sure. Thank you!