**Exhibit 11SI Diamond Technology, Inc.Computation of Income (Loss) Per Share**

 

|                                                         |  |                              |  |                             |            |                  |  |                  |
|---------------------------------------------------------|--|------------------------------|--|-----------------------------|--------------------------------------------------------------|------------------|--|------------------|
|                                                         |  | Three Months ended Sept. 30, |  | Nine Months ended Sept. 30, |
|                                                         |  |                              |  |                             |
|                                                         |  | 2002                         |  | 2001                        |                                                              | 2002             |  | 2001             |
|                                                         |  |                              |  |                             |                                                              |                  |  |                  |
| Computation of loss per common share:                   |  |                              |  |                             |                                                              |                  |  |
|                                                         |  |                              |  |                             |                                                              |                  |  |
|    Net loss applicable to common  shares |  | $(1,451,354)                 |  | $(1,325,504)                |                                                              | $(4,345,754)     |  | $(3,902,949)     |
|                                                         |  |                              |  |                             |                                                              |                  |  |                  |
|    Weighted average number of common shares   |  | 73,767,176              |  | 66,041,136             |                                                              | 70,429,339  |  | 63,971,176  |
|                                                         |  |                              |  |                             |                                                              |                  |  |                  |
|    Net income (loss) per common share         |  | $(0.02)                      |  | $(0.02)                     |                                                              | $(0.06)          |  | $(0.06)          |
|                                                         |  |                              |  |                             |                                                              |                  |  |                  |
|                                                         |  |                              |  |                             |                                                              |                  |  |                  |
| Computation of income ( loss ) per common               |  |                              |  |                             |                                                              |                  |  |                  |
|    share assuming full dilution**             |  |                              |  |                             |                                                              |                  |  |                  |

** No computation of diluted loss per common share is included for any period because suchcomputation results in an antidilutive loss per common share.