PLANET ENTERTAINMENT CORPORATION AND SUBSIDIARIES
EXHIBIT 11
EARNINGS PER SHARE
FOR THE TWELVE MONTHS ENDED
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AUGUST 31, AUGUST 31,
2000 1999
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BASIC & DILUTED EARNINGS PER SHARE:
Income (Loss) from Continuing Operations $ (326,559) $ 474,933
Less Preferred Stock Dividends (311,170) (353,199)
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Income (Loss) from Continuing Operations
Available to Common Stockholders (637,729) 121,734
Income (Loss) from Discontinued Operations,
net of income taxes (20,526) (196,471)
Gain on Disposal of Discontinued Operations,
net of income taxes 35,777 --
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Net Income (Loss) Available to
Common Stockholders $ (622,478) $ (74,737)
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Weighted Average Shares Outstanding 12,331,834 11,996,114
Per Share Detail:
Income (Loss): Continuing Operations $ (.05) $ .01
Income (Loss): Discontinued Operations * (.02)
Gain (Loss) on Disposal of
Discontinued Operations * --
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BASIC & DILUTED EPS-Total $ (.05) $ --
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*LESS THEN $.01 PER SHARE
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