##### 



EXHIBIT 11

The following table sets forth the computation of basic and diluted
earnings per share:

|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|------------------------------------------------------------------------------------------------------------------------------------------ |  | -------------------------------- | ---------- | ------------------------------- |  | ---- | ---------- | ---- |  |  | ---------- | - |  |  | ---------- | -
|                                                                                                                                           |  | Three months ended September 30, |            | Nine months ended September 30,
|                                                                                                                                           |  | 2001                             |            | 2000                            |  | 2001 |            | 2000
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |     
|Numerator:                                                                                                                                 |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Net (loss) From Continuing Operations                                                                                                      |  |                                  | (1,172,768 | )                               |  |      | (1,261,033 | )    |  |  | (4,093,032 | ) |  |  | (4,219,122 | )
|Dividends on Series A preferred stock                                                                                                      |  |                                  | (780       | )                               |  |      | (2,618     | )    |  |  | (2,315     | ) |  |  | (14,024    | )
|Dividends on Series B preferred stock                                                                                                      |  |                                  | (52,175    | )                               |  |      | (52,787    | )    |  |  | (155,564   | ) |  |  | (157,213   | )
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Numerator for basic and diluted earnings (loss) per
share-income (loss) available to common shareholders                                   |  |                                  | (1,225,723 | )                               |  |      | (1,316,438 | )    |  |  | (4,250,911 | ) |  |  | (4,390,359 | )
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Denominator:                                                                                                                               |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Denominator for basic earnings (loss) per share-
weighted average shares outstanding                                                       |  |                                  | 9,326,558  |                                 |  |      | 7,760,508  |      |  |  | 9,172,060  |   |  |  | 7,331,423  |  
|Effect of dilutive securities                                                                                                              |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Warrants                                                                                                                                   |  |                                  |           |                                 |  |      |           |      |  |  |           |   |  |  |           |  
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Dilutive potential common shares denominator
for diluted earnings (loss) per share adjusted
weighted-average shares and assumed conversion |  |                                  | 9,326,558  |                                 |  |      | 7,760,508  |      |  |  | 9,172,060  |   |  |  | 7,331,423  |  
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Basic earnings (loss) per share                                                                                                            |  |                                  | (0.13      | )                               |  |      | (0.17      | )    |  |  | (0.46      | ) |  |  | (0.60      | )
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |  
|Diluted earnings (loss) per share                                                                                                          |  |                                  | (0.13      | )                               |  |      | (0.17      | )    |  |  | (0.46      | ) |  |  | (0.60      | )
|                                                                                                                                           |  |                                  |            |                                 |  |      |            |      |  |  |            |   |  |  |            |