EXHIBIT 11
SBI COMMUNICATIONS, INC.
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COMPUTATION OF EARNINGS PER COMMON SHARE
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FOR THE SIX MONTHS ENDED
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JUNE 30, 2000 AND 1999
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<TABLE>
<CAPTION>
Six Months Six Months
Ended Ended
June 30, 2000 June 30, 1999
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<S> <C> <C>
Shares outstanding: 6,070,439 5,570,439
Weighted average shares outstanding 6,070,439 5,570,439
Net loss ($ 306,638) ($ 145,000)
Preferred Dividend -- --
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Total ( 306,638) (145,000)
Net loss per share $ (0.05) $ (0.03)
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</TABLE>