EX-11.1 3 elite111.txt COMPUTATION OF EARNINGS PER SHARE EXHIBIT 11.1 Computation of Earnings Per Share For the following periods the registrant had no securities that were dilutive for the calculation of earnings per share.
---------------------------------------- -------------------------------- ------------------------------------ Weighted average number of basic Summary from unaudited financial Basic and diluted loss per and diluted common stock shares statements common share outstanding ---------------------------------------- -------------------------------- ------------------------------------ Six months ended 11/30/2002 (0.02) 17,797,300 ---------------------------------------- -------------------------------- ------------------------------------ Three months ended 11/30/2002 (0.05) 19,672,064 ---------------------------------------- -------------------------------- ------------------------------------ Six months ended 11/30/2001 (0.09) 13,127,684 ---------------------------------------- -------------------------------- ------------------------------------ Three months ended 11/30/2001 (0.06) 13,154,538 ---------------------------------------- -------------------------------- ------------------------------------