Exhibit 11.1
Fields Technologies, Inc.
Computation of Earnings Per Share
Three months ended Six months ended
December 31, December 31,
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2001 2000 2001 2000
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Net income (loss) $ 161,170 $ (1,342,111) $ 417,363 $ (1,272,853)
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Weighted average shares outstanding
for basic computation 150,392,000 109,624,000 149,834,000 109,624,000
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Basic earnings (loss) per share $ 0.00 $ (0.01) $ 0.00 $ (0.01)
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Total weighted average common shares 150,392,000 109,624,000 149,834,000 109,624,000
Common stock equivalents due to dilutive
effect of stock options 17,000 - 9,000 -
Weighted average contingently issuable shares
of common stock pursuant to subscription
agreements 3,252,000 - 1,626,000 -
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Total weighted average common shares and
equivalents outstanding for diluted computation 153,661,000 109,624,000 151,469,000 109,624,000
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Diluted earnings (loss) per share $ 0.00 $ (0.01) $ 0.00 $ (0.01)
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