Attached files
Exhibit 11.1
Statement regarding computation of per share earnings
The numerators and denominators of basic and fully diluted earnings per share
are as follows:
Three Months Ended June 30, Nine Months Ended June 30,
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2009 2008 2009 2008
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Net loss allocable to shares
(numerator) $ (1,526,248) $ (1,628,649) $ (5,225,003) $ (9,458,836)
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Shares used in the calculation
(denominator)
Weighted average shares outstanding 11,171,433 11,998,789 11,217,525 12,631,476
Effect of diluted stock options -- -- -- --
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Diluted shares 11,171,433 11,998,789 11,202,161 12,631,476
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Basic earnings per share $ (0.14) $ (0.14) $ (0.47) $ (0.75)
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Diluted earnings per share $ (0.14) $ (0.14) $ (0.47) $ (0.75)
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