EXHIBIT 11 SBI COMMUNICATIONS, INC. COMPUTATION OF EARNINGS PER COMMON SHARE FOR THE SIX MONTHS ENDED JUNE 30 , 1996 AND 1997 Six Months Six Months Ended Ended June 30, 1996 June 30, 1997 -------------- -------------- Shares outstanding: 5,345,439 5,345,439 Weighted average shares outstanding 5,345,439 5,345,439 Net loss $ (410,885) $ (366,233) Preferred Dividend -- -- -------------- -------------- Total (410,885) (366,233) Net loss per share $ (0.08) $ (0.07)