EXHIBIT 11.1
Cordia Corporation
Computation of Per Share (Loss) Earnings
(Unaudited)
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| Nine Months Ended September 30, |
| Three Months Ended September 30, | ||||
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| 2007 |
| 2006 |
| 2007 |
| 2006 |
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Net (Loss) |
| $ (1,977,195) |
| $ (1,169,553) |
| $ (303,838) |
| $ (932,409) |
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BASIC EARNINGS (LOSS): |
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Weighted average number of common shares outstanding |
| 5,664,305 |
| 5,596,117 |
| 5,611,473 |
| 5,626,874 |
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Basic earnings (loss) per common share |
| $ (0.34) |
| $ (0.21) |
| $ (0.05) |
| $ (0.17) |
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DILUTED EARNINGS: |
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Weighted average number of common shares outstanding |
| 5,664,305 |
| 5,596,117 |
| 5,611,473 |
| 5,626,874 |
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Assumed conversion of preferred stock |
| - |
| - |
| - |
| - |
Assumed exercise of stock options |
| - |
| - |
| - |
| - |
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Weighted average number of common shares |
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outstanding - as adjusted |
| 5,664,305 |
| 5,596,117 |
| 5,611,473 |
| 5,626,874 |
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Diluted earnings (loss) per common share |
| $ (0.34) |
| $ (0.21) |
| $ (0.05) |
| $ (0.17) |