<PAGE>
EXHIBIT 11.1
Computation of per share earnings
---------------------------------
Net Loss per Common Share
-------------------------
There are no dilutive potential common stock equivalents for 2000 and
1999 and are thus not considered.
The reconciliations of the numerators and denominators of the basic EPS
computations are as follows:
<TABLE>
<CAPTION>
2000
----------------------------------------------------
<S> <C> <C> <C>
Number
of
Loss Shares Loss Per
(numerator) (denominator) Share
-------------- -------------- --------------
Loss to Common Shareholders $ (3,739,786) 13,065,584 $ (0.29)
============== ============== ==============
1999
----------------------------------------------------
Number
of
Loss Shares Loss Per
(numerator) (denominator) Share
-------------- -------------- --------------
Loss to Common Shareholders $306,752 2,972,400 $ (0.10)
============== ============== ==============
</TABLE>