EXHIBIT 11.1


          STATEMENT REGARDING COMPUTATION OF NET LOSS PER SHARE

THREE MONTHS ENDED JUNE 30, 1998
- --------------------------------

  Net Loss               Weighted Average Shares Outstanding    Loss per Share
  --------               -----------------------------------    --------------

  $664,029   (divided by)             11,310,453         =          $0.06


SIX MONTHS ENDED JUNE 30, 1998
- ------------------------------

  Net Loss               Weighted Average Shares Outstanding    Loss per Share
  --------               -----------------------------------    --------------

  $6,655,235 (divided by)             11,316,265         =          $0.59