Capital Group Holdings, Inc.

CIK:0000703339|SEC Filings

Earnings per Share

9 Months Ended

Mar. 31, 2013

11. Earnings per Share

Net Loss Per Share – Basic net loss per share is computed by dividing net loss attributable to common shareholders by the weighted average number of shares of common stock outstanding during each respective period. The Company has other potentially dilutive securities outstanding that are not shown in a diluted net loss per share calculation because their effect in both fiscal years would be anti-dilutive. The following chart lists the securities as of March 31, 2013 and 2012 that were not included in the computation of diluted net loss per share because their effect would have been anti-dilutive:

	2013	2012
Common Stock Subscribed	766,667
Warrants to purchase common stock	1,962,214	2,562,214
Convertible promissory notes		20,000
Share price guarantee-short term	18,267,925
Share price guarantee-long term	133,900,000
	154,896,806	2,582,214

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES	$ (203,193)	$ (226,757)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash acquired with purchased business	563,728	0
Purchase of property and equipment	(347,485)	0
Payment of note receivable	0	(10,000)
Proceeds from sale of property and equipment	0	437
CASH PROVIDED (USED) BY INVESTING ACTIVITIES	216,243	(9,563)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings	806,719	3,498
Payments on notes payable	(21,113)	0
Payments on capital lease	(44,819)	0
Loans to Shareholders	(15,000)	0
Issuance of Common Stock and collection on subscription receivable	70,000	90,000
Proceeds from stock subscribed	0	142,700
CASH PROVIDED BY FINANCING ACTIVITIES	795,787	236,198
NET CHANGE IN CASH	808,837	(122)
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	8,452	339
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Stock issued for director's fees	90,000	0
Stock issued in conjunction with consulting contracts net of unamortized expenses of $536,027	135,570	0
Purchase of Alliance Urgent Care, P.L.L.C from MCS Ventures I through VII, P.C. for stock	12,000,000	0
Common stock issued for conversion of note and accrued interest	5,600	0
Shares issued for subscription receivable	19,243	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	9,499	0
Income taxes	$ 0	$ 0

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 817,289	$ 8,452
Accounts receivable, net of allowance for doubtful accounts and discounts	560,015	0
Inventory supplies	21,105	0
Prepaid expenses - current	333,477	0
Other assets	15,000	7,500
Total current assets	1,746,886	15,952
Property and equipment, net of depreciation	993,070	7,842
Prepaid expenses.	302,694	0
Intangible assets, net of amortization	4,570,784	0
Trade name	300,000	0
Goodwill	5,546,909	0
Note receivable	0	10,000
Deposits	83,203	0
TOTAL ASSETS	13,543,546	33,794
Current Liabilites:
Accounts payable	644,319	181,004
Accounts payable to related party	4,165	4,165
Accrued expenses and payroll	1,416,218	943,871
Notes payable and line of credit - current portion	1,169,660	0
Convertible notes payable, net of discounts and warrants	0	4,944
Financing leases, current	3,029	0
Deferred taxes	92,450	0
Total current liabilities	3,329,841	1,133,984
Long-Term Liabilities:
Notes payable	51,889	0
Deferred income taxes	138,579	0
Marketing advance	0	190,000
TOTAL LIABILITIES	3,520,309	1,323,984
CONTINGENCIES
STOCKHOLDERS' EQUITY (DEFICIENCY)
Common stock, $0.01 par value, 300,000,000 shares authorized 86,600,221 and 56,131,121 shares issued and outstanding as of March 31, 2013 and June 30, 2012, respectively	866,002	561,311
Additional paid-in capital	22,305,306	9,318,200
Common stock subscribed	80,000	260,700
Accumulated deficit	(13,228,071)	(11,430,401)
Total stockholders' equity (deficiency)	10,023,237	(1,290,190)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)	$ 13,543,546	$ 33,794