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EXHIBIT 12.1
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Eleven Months Six Months
Ended Year Ended Ended
December 31, December 31, June 30,
1998 1999 2000
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<S> <C> <C> <C>
Fixed Charges:
Interest Expense............................... $ 76,877 $ 263,633 $ 208,036
Capitalized Expenses Related to Indebtedness... 10,189 56,398 22,832
Total Adjusted Fixed Charges.................. 87,066 320,031 230,868
Earnings:
Net Earnings................................... 2,025,870 3,809,424 1,918,512
Fixed Charges.................................. 87,066 320,031 230,868
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Total Adjusted Earnings....................... $2,112,936 $4,129,455 $2,149,380
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Ratio of Earnings to Fixed Charges.............. 24.27% 12.90% 9.31%
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