Loss Per Share

12 Months Ended

Dec. 31, 2020

NOTE 3. LOSS PER SHARE

The Company utilizes the guidance per ASC 260, Earnings Per Share. Basic earnings per share is calculated on the weighted effect of all common shares issued and outstanding, and is calculated by dividing net income available to common stockholders by the weighted average shares outstanding during the period. Diluted earnings per share, which is calculated by dividing net income available to common stockholders by the weighted average number of common shares used in the basic earnings per share calculation, plus the number of common shares that would be issued assuming conversion of all potentially dilutive securities outstanding, is not presented separately as of December 31, 2020 as it is anti-dilutive. Such securities, shown below, presented on a common share equivalent basis and outstanding as of years ended December 31, 2020 and 2019 have been excluded from the per share computations:

	December 31,
	2020		2019
Convertible notes payable		163,708,440		-

Total diluted shares		163,708,440		-

Empire Global Gaming, Inc. 10-K/A