EXHIBIT 11.1

COMPUTATION OF EARNINGS PER SHARE

For the following periods the registrant had no securities that were dilutive
for the calculation of earnings per share.

<Table>
<Caption>
                                                                              Weighted average number of basic
      Summary from unaudited financial        Basic and diluted loss per       and diluted common stock shares
                 statements                          common share                        outstanding
      --------------------------------        --------------------------      --------------------------------
                                                                        

   Nine months ended 2/28/02                             (0.14)                           13,667,381
   Three months ended 2/28/02                            (0.05)                           14,748,302
   Nine months ended 2/28/01                             (0.11)                           12,604,090
   Three months ended 2/28/01                            (0.04)                           12,967,287
</Table>