GLOBAL INTELLICOM, INC. AND SUBSIDIARIES
EXHIBIT 11
COMPUTATION OF INCOME PER COMMON SHARE
YEARS ENDED DECEMBER 31,
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1997 1996 1995
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BASIC INCOME PER COMMON SHARE
INCOME:
Income (loss) from continuing operations $(2,302,808) $ (706,493) $ 203,332
Less: Dividends 188,673 -- --
Less: Cumulative undeclared dividend
on Series 3 Convertible Preferred Stock 61,250 61,250 --
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Adjusted income (loss) from continuing operations $(2,552,731) $ (767,743) $ 203,332
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Discontinued operations $(7,133,152) $ (378,895) $ 66,851
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SHARES:
Weighted average number of common
shares outstanding 7,481,307 3,527,053 2,927,170
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BASIC INCOME (LOSS) PER COMMON SHARE:
Income (loss) from continuing operations $ (.34) $ (.22) $ .07
Discontinued operations (.95) (.11) .02
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$ (1.29) $ (.33) $ .09
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