<Page>
EXHIBIT 11.1

CALCULATION OF EARNINGS PER SHARE
YEAR ENDED DECEMBER 31, 2001

<Table>
<S>                                                           <C>
Shares Outstanding December 31, 2000........................     9,575,763
February 1, 2001............................................      (187,500)
February 9, 2001............................................       600,000
February 12, 2001...........................................        (9,999)
March 19, 2001..............................................       (11,692)
July 23, 2001...............................................       859,966
                                                              ------------
Total shares outstanding December 31, 2001..................    10,826,538
                                                              ============
Weighted average shares outstanding.........................    10,300,261
                                                              ============
Net loss for the year ended December 31, 2000 (000's).......  $    (21,920)
Net loss per share, basic and diluted.......................  $      (2.13)

YEAR ENDED DECEMBER 31, 2000
Shares Outstanding December 31, 1999........................     8,609,574
March 31, 2000..............................................       429,764
May 23, 2000................................................       220,000
June 12, 2000...............................................        65,156
June 30, 2000...............................................       131,250
November 8, 2000............................................        99,640
November 13, 2000...........................................        20,379
                                                              ------------
Total shares outstanding December 31, 2000..................     9,575,763
                                                              ============
Weighted average shares outstanding.........................     9,186,410
                                                              ============
Net loss for the year ended December 31, 2000 (000's).......  $    (49,204)
Net loss per share, basic and diluted.......................  $      (5.36)

YEAR ENDED DECEMBER 31, 1999
Shares Outstanding December 31, 1998........................     3,147,186
January 31, 1999............................................       272,000
May 12, 1999................................................     2,900,000
May 17, 1999................................................       571,250
August 18, 1999.............................................       200,046
September 30, 1999..........................................       228,462
December 14,1999............................................       271,903
December 15, 1999...........................................       298,727
December 29, 1999...........................................       720,000
                                                              ------------
Total shares outstanding December 31, 1999..................     8,609,574
                                                              ============
Weighted average shares outstanding.........................     5,765,432
                                                              ============
Net loss for the year ended December 31, 1999 (000's).......  $     (4,055)
Net loss per share, basic and diluted.......................  $      (0.70)
</Table>

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