EXHIBIT 11.1
ICY SPLASH FOOD AND BEVERAGE, INC.
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(Unaudited)
<TABLE>
<CAPTION>
THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30,
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
BASIC EARNINGS PER SHARE:
Net (loss) income $ (4,520) $ 25,751 $ (32,544) $ 22,536
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Weighted average shares outstanding 6,600,000 6,600,000 6,600,000 6,600,000
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Basic earnings per share $ -- $ -- $ -- $ --
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Diluted earnings per share:
Net (loss) income $ (4,520) $ 25,751 $ (32,544) $ 22,536
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Weighted average and dilutive shares:
Weighted average shares outstanding 6,600,000 6,600,000 6,600,000 6,600,000
Dilutive shares (Antidilutive in 2000) -- 950,000 -- 950,000
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6,600,000 7,550,000 6,600,000 7,550,000
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Diluted earnings per share $ -- $ -- $ -- $ --
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</TABLE>
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