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

3 Months Ended

Mar. 31, 2016

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 three months ended March 31, 2016:

	3/31/2016	3/31/2015

Net Income (Loss)	$(44,725)	$(58,080)

Weighted-average common shares outstanding basic:

Weighted-average common stock - Basic	22,787,964	19,241,365
Equivalents
Stock options	-	-
Warrants	-	-
Convertible notes, Preferred stock	2,400,000	7,400,000

Weighted-average common stock - Basic and Diluted	22,787,964	19,241,365