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Previous: CAPITOL COMMUNITIES CORP, 10QSB, 2000-08-11 |
Next: CAPITOL COMMUNITIES CORP, 10QSB, EX-27, 2000-08-11 |
<PAGE>
EXHIBIT 11
Computation of Earnings Per Share
UNAUDITED
Nine Months Ended
June 30,
2000 1999
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Shares Outstanding Beginning of Period 4,090,361 6,924,500
Shares Issued During Period:
60,000
October 1, 1998 (32,305)
October 15, 1998 20,000
December 15, 1998 (66,667)
February 23, 1999 (2,839,689)
June 14, 1999 24,522
June 28, 1999 140,000
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March 6, 2000
Total Outstanding 4,230,361 4,090,361
Weighted average number of shares outstanding 4,149,631 6,738,929
Shares deemed outstanding from assumed
exercise of stock options - -
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Total 4,149,631 6,738,929
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Earnings (loss) applicable to common shares $(2,201,971) $(2,778,755)
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Earnings (loss) per share of common stock $ (0.531) $ (0.412)
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