EX-11.1 7 dex111.txt COMPUTATION OF EARNINGS EXHIBIT 11.1 STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
Year Ended Six Months Ended December 31, June 30, 1999 2000 2000 2001 -------------------------------- ------------------------------ Basic and Diluted Earnings Net Income (loss) $ (323,315) $ 380,878 $ 6,953 $ 631,002 Basic and Diluted Shares Weighted Average Outstanding 13,055,535 12,964,918 12,964.918 12,964,918 Basic and Diluted Earnings (loss) per share $ (0.02) $ 0.03 $ 0.001 $ 0.05 =========== =========== =========== ===========