EXHIBIT 11
SBI COMMUNICATIONS, INC.
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COMPUTATION OF EARNINGS PER COMMON SHARE
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FOR THE NINE MONTHS ENDED
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SEPTEMBER 30, 2000 AND 1999
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<TABLE>
<CAPTION>
Nine Months Nine Months
Ended Ended
Sept. 30, 2000 Sept. 30, 1999
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<S> <C> <C>
Shares outstanding: 5,570,439
Weighted average shares outstanding 13,770,878 11,140,878
Net loss ($ 491,826) ($ 218,000)
Preferred Dividend -- --
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Total ( 491,826) (218,000)
Net loss per share $ (0.04) $ (0.02)
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</TABLE>