GO RACHELS COM CORP
10SB12G, EX-11, 2000-08-11
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                                   EXHIBIT 11

             STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE

The basic net loss per share is determined by dividing the net loss by the
weighted average of the common shares of the Company outstanding. The diluted
net loss per share normally includes common stock equivalents (options, warrants
and convertible debentures), but were excluded since their effect was
antidilutive.



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