EXHIBIT 11
IBAH, INC. AND SUBSIDIARIES
COMPUTATION OF NET INCOME (LOSS) PER SHARE
(unaudited)
A calculation for the six and three months period ended June 30, 1997 and for
the six months ended June 30, 1996 has not been presented since the effect of
any preferred stock conversion, and the effect of option and warrant exercises
would be anti-dilutive.
FOR THE THREE
MONTHS ENDED
COMPUTATION OF PRIMARY JUNE 30,
NET INCOME (LOSS) PER SHARE: 1996
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Net Income Applicable to Common Stockholders $ 152,000
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Weighted Average Number of Common Shares Outstanding 17,643,000
Assumed Conversion of Preferred Stock 2,309,000
Assumed Conversion of Options and Warrants 4,849,000
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24,801,000
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Primary Net Income per Share $ 0.01
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Fully-diluted net income per common share for the three months ended June 30,
1996 is the same as primary net income per common share calculated above.