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                 Exhibit 11.1 - Computation of per Share Loss
                           RYKA Inc. and Subsidiary

<TABLE>     
<CAPTION> 
                                                              FOR THE YEAR ENDED
                                                                 DECEMBER 31,
                                                  -----------------------------------------
                                                      1996           1995           1994                   
                                                  -----------    -----------    -----------                
<S>                                               <C>            <C>            <C>                      
PRIMARY:                                                                                                   
                                                                                                           
Weighted average number of                                                                                 
  common shares outstanding                        51,368,619     34,560,653     24,210,083                
                                                                                                           
Net effect of dilutive stock                                                                               
  options and warrants (based                                                                               
  on the Treasury Stock Method                                                                             
  using average market price)                               -              -              -                
                                                  -----------    -----------    -----------                
     Total                                         51,368,619     34,560,653     24,210,083                
                                                  ===========    ===========    ===========                
Net (loss)                                                                                                 
  (Loss) before extraordinary item                ($1,879,757)   ($5,279,733)   ($  511,415)               
  Extraordinary item                                        -      1,650,256              -                
                                                  -----------    -----------    -----------                

Net (loss)                                        ($1,879,757)   ($3,629,477)   ($  511,415)
                                                  ===========    ===========    ===========

Net (loss) share:                                                                                          
  (Loss) before extraordinary item                ($      .04)   ($      .15    ($      .02)               
  Extraordinary item                              (       .04)           .05              -                
                                                  -----------    -----------    -----------                
Net (loss) per share                              ($      .04)   ($      .10)   ($      .02)               
                                                  ===========    ===========    ===========                
                                                                                                           
FULLY DILUTED:                                                                                             
                                                                                                           
Weighted average number of                                                                                 
  common shares outstanding                        51,368,619     34,560,653     24,210,083                
                                                                                                           
Net effect of dilutive stock                                                                               
  options and warrants (based                                                                               
  on the Treasury Stock                                                                                    
  Method using the quarter-                                                                                
  end market price, if greater                                                                           
  than the average market price)                            -              -              -                
                                                  -----------    -----------    -----------                
     Total                                         51,368,619     34,560,653     24,210,083                
                                                  ===========    ===========    ===========                
Net (loss):                                                                                                
  (Loss) before extraordinary item                ($1,863,757)   ($5,279,733)   ($  511,415)               
  Extraordinary item                                        -      1,650,256              -                
                                                  -----------    -----------    -----------                
Net (loss):                                       ($1,863,757)   ($3,629,477)   ($  511,415)               
                                                  ===========    ===========    ===========                
                                                                                                           
Net (loss):                                                                                                
  (Loss) before extraordinary item                ($      .04)   ($      .15)   ($      .02)               
  Extraordinary item                                        -            .05              -                
                                                  -----------    -----------    -----------                
Net (loss) per share                              ($      .04)   ($      .10)   ($      .02)               
                                                  ===========    ===========    ===========                
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