EXHIBIT 11.1

            STATEMENT REGARDING COMPUTATION OF NET LOSS PER SHARE
 
THREE MONTHS ENDED MARCH 31, 1999
- ---------------------------------

              Net Loss    Weighted Average Shares Outstanding   Loss per Share
              --------    -----------------------------------   --------------
Basic        $3,592,125   (divided by)     11,214,502       =        $0.32
Diluted      $3,592,125   (divided by)     11,214,502       =        $0.32