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YP.NET, INC.
COMPUTATION OF EARNINGS PER SHARE
Exhibit 11
SEPTEMBER 30, 1999
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BASIC EARNINGS PER SHARE:
Common shares outstanding, beginning of period 39,156,853
Effects of reverse merger:
Reverse Merger Adjustment (16,933,096)
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Weighted average number of common shares 22,223,757
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outstanding
Net Income $ (4,363,867.00)
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Earnings Per Share $ (0.20)
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DILUTED EARNINGS PER SHARE: (NOTE 1)
Common shares outstanding, beginning of period 39,156,853
Effects of reverse merger:
Reverse Merger Adjustment (16,933,069)
Weighted average number of common shares and
common equivalent shares outstanding 22,223,784
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Net Income $ (4,363,687.00)
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Earnings Per Share $ (0.20)
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