EXHIBIT 11
OMNI MULTIMEDIA GROUP, INC.
COMPUTATION OF NET INCOME (LOSS) PER SHARE
(Unaudited)
Three Months Ended Nine Months Ended
December 28, December 30, December 28, December 30,
1996 1995 1996 1995
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Net income(loss) $ (3,465,321) $ 384,268 $ (8,110,318) $ 408,799
Primary weighted common
shares outstanding:
Common Stock 7,815,740 2,751,500 5,246,307 2,667,167
Stock options -- (1) 64,651 -- (1) 49,905
Stock warrants -- (1) 141,055 -- (1) 39,902
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Primary weighted average
shares 7,815,740 2,957,206 5,246,307 2,756,974
=========== =========== ============== ============
Primary net income (loss)
per share ($ 0.44) 0.13 ($ 1.55) $ 0.15
=========== =========== ============== ============
Fully diluted weighted
common shares outstanding:
Common Stock 7,815,740 2,751,500 5,246.307 2,667,167
Stock Options --(1) 64,651 --(1) 49,905
Stock Warrants --(1) 141,055 --(1) 39,902
Shares attributable
to Preferred Stock
converted using the
if converted method 1,628,736 -- 3,251,842 --
------------ ------------ ------------- ------------
Fully diluted weighted
average shares 9,444,476 2,957,206 8,498,149 2,756,974
============ ============ ============= ============
Fully diluted net income
(loss) per share ($ 0.37) $ 0.13 ($ 0.95) $ 0.15