1 EXHIBIT 11 3CI COMPLETE COMPLIANCE CORPORATION STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (UNAUDITED) FOR THE FOR THE FOR THE FOR THE THREE MONTHS ENDED THREE MONTHS ENDED SIX MONTHS ENDED SIX MONTHS ENDED MARCH 31, MARCH 31, MARCH 31, MARCH 31, 1999 1998 1999 1998 ------------------ ------------------ ---------------- ---------------- Weighted average common shares outstanding - basic earnings per share 9,197,658 9,160,147 9,200,138 9,106,659 Common stock issuable upon assumed conversion - of stock options and warrant 7,750,000 -- 7,750,000 -- ---------- ---------- ---------- ---------- Adjusted weighted average common shares outstanding - diluted earnings per shares 16,947,658 9,160,147 16,950,138 9,106,659 ========== ========== ========== ========== Net income 662,656 23,728 516,466 (99,772) ========== ========== ========== ========== Net income per share - basic 0.07 0.01 0.06 (0.01) ========== ========== ========== ========== Net income per -share diluted 0.04 0.01 0.03 (0.01) ========== ========== ========== ==========