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EXHIBIT 11
COMPUTATION OF EARNINGS PER COMMON SHARE
(Unaudited)
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For The Three Months For The Six Months
Ended June 30, Ended June 30
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
NET INCOME (LOSS) $ 29,887 $ (60,609) $ 78,328 $ (19,984)
WEIGHTED AVERAGE SHARES:
Common shares outstanding 6,201,625 5,403,250 5,802,437 5,403,250
Assumed conversion of options and warrants 309,179 -- 154,589 --
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6,510,804 5,403,250 5,957,026 5,403,250
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INCOME (LOSS) PER COMMON SHARE:
Basic $ -- $ (.01) $ .01 $ --
Diluted $ -- $ (.01) $ .01 $ --
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