ONLINE INTERNET NETWORK, INC. - FORM S-1/A - EX-11 - STATEMENT OF RE: COMPUTATION OF PER SHARE EARNINGS - December 1, 2011

Attached files

file filename
S-1/A - SPORT TECH SELLING SHAREHOLDER S-1 - ONLINE INTERNET NETWORK, INC.sporttechs-1a3.htm
EX-5 - OPINION OF STOECKLEIN LAW GROUP - ONLINE INTERNET NETWORK, INC.ex5.htm
EX-4.B - BYLAWS - ONLINE INTERNET NETWORK, INC.ex4b.htm
EX-4.A - ARTICLES OF INCORPORATION - ONLINE INTERNET NETWORK, INC.ex4a.htm
EX-4.C - STOCK CERTIFICATE SPECIMEN - ONLINE INTERNET NETWORK, INC.ex4c.htm
EX-3.I(A) - ARTICLES OF INCORPORATION - ONLINE INTERNET NETWORK, INC.ex3ia.htm
EX-23.1 - CONSENT OF DE JOYA GRIFFITH & COMPANY, LLC. - ONLINE INTERNET NETWORK, INC.ex23-1.htm
EX-3.II(A) - BYLAWS - ONLINE INTERNET NETWORK, INC.ex3iia.htm
EX-10.1 - SUBSCRIPTION AGREEMENT - ONLINE INTERNET NETWORK, INC.ex10-1.htm
EX-23.2 - CONSENT OF STOECKLEIN LAW GROUP - ONLINE INTERNET NETWORK, INC.ex23-2.htm
EX-10.2 - REVOLVING GRID NOTE DATED SEPTEMBER 29, 2010 - ONLINE INTERNET NETWORK, INC.ex102gridnote.htm
EX-10.3 - REVOLVING GRID NOTE DATED NOVEMBER 29, 2010 - ONLINE INTERNET NETWORK, INC.ex103gridnotesquareroot.htm
 


EXHIBIT 11

Statement of Computation of Per Share Earnings

Earnings per share

The Company follows Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 260 "Earnings Per Share" ("FASB ASC 260"). Basic earning per common share ("EPS") calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earning per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation.

 


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