INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months Ended Nine Months Ended September 30, September 30, 1995 1994 1995 1994 Weighted average shares outstanding during period 13,197,728 9,087,164 13,197,728 9,077,752 Assumed exercise of options and warrants 454,286 859,557 512,118 891,442 Shares assumed for primary earnings per share 13,652,014 9,946,721 13,709,846 9,969,194 Assumed conversion of 7% Convertible Subordinated Debentures - 3,636,364 - 3,636,364 Shares assumed for fully diluted earnings per share N/A 13,583,085 N/A 13,605,558 Earnings for the period: ($ in Thousands) Net earnings $ 238 $ 1,505 $ 1,169 $ 4,472 Earnings per common and common equivalent share: Primary $ 0.02 $ 0.15 $ 0.09 $ 0.45 Fully diluted N/A $ 0.12 N/A $ 0.35 EXHIBIT 11