Red Cat Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share

9 Months Ended

Sep. 30, 2015

NOTE 5 - EARNINGS PER SHARE

The following table sets forth the information used to compute basic and diluted net income per share attributable to the Company for the nine months ended September 30:

	9/30/2015	9/30/2014

Net Income (Loss)	$(2,497,896)	$(255,120)


Weighted-average common stock - Basic	21,605,764	1,121,289
Equivalents
Stock options	0	-
Warrants	-	-
Convertible notes, Preferred stock	50,000	92,800,000

Weighted-average common stock - Diluted	21,655,764	93,921,289