RMED International, Inc.
Exhibit 11
The following represents the computation of per share earnings reflecting the
assumption that the granted shares under the option plan will be exercised.
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
------------------------------ ------------------------------
September 30, September 30, September 30, September 30,
2000 1999 2000 1999
------------------------------ ------------------------------
<S> <C> <C> <C> <C>
Net income (loss) $ 73,004 $ (119,350) $ 248,311 $ 230,099
========= ========== =========== ===========
Weighted average common shares outstanding 9,963,859 9,293,877 9,973,776 9,240,172
Common share equivalents relating to stock options -- -- 1,322 1,129,918
--------- ---------- ----------- -----------
Adjusted common and common equivalent shares
for computation 9,963,859 9,293,877 9,975,098 10,370,090
========= ========== =========== ===========
Net earnings per share:
Basic $ 0.01 $ (0.01) $ 0.02 $ 0.02
========= ========== =========== ===========
Diluted $ 0.01 $ (0.01) $ 0.02 $ 0.02
========= ========== =========== ===========
</TABLE>
The accompanying notes are an integral part of these statements