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. - ---------------------------------------- -------------------------------- ------------------------------------ Weighted average number of basic Summary from unaudited financial Basic and diluted loss per and diluted common stock shares statements common share outstanding - ---------------------------------------- -------------------------------- ------------------------------------ Six months ended 11/30/2002 (0.02) 17,797,300 - ---------------------------------------- -------------------------------- ------------------------------------ Three months ended 11/30/2002 (0.05) 19,672,064 - ---------------------------------------- -------------------------------- ------------------------------------ Six months ended 11/30/2001 (0.09) 13,127,684 - ---------------------------------------- -------------------------------- ------------------------------------ Three months ended 11/30/2001 (0.06) 13,154,538 - ---------------------------------------- -------------------------------- ------------------------------------