|                                                 |  |  |  |  |  |  | Exhibit 11
|------------------------------------------------ |  |  |  |  |  |  | ----------
|                                                 |  |  |  |  |  |  |           
|OURPET'S COMPANY AND SUBSIDIARIES               
|                                                 |  |  |  |  |  |  |           
|STATEMENT OF COMPUTATION OF NET INCOME PER SHARE
|                                                 |  |  |  |  |  |  |           
|                                                 |  |  |  |  |  |  |           



|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|---------------------------------------- |  | ------------------ | ---------- | - | ------------------ | - | ---------- | ---- |  | - | ---------- | -
|                                         |  | Three Months Ended |            |   | For the Year Ended |  
|                                         |  | December 31,       |            |   | December 31,       |  
|                                         |  | 2011               |            |   | 2010               |   |            | 2011 |  |   | 2010       |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Net income (loss)                        |  | $                  | (152,656   | ) |                    | $ | 396,539    |      |  | $ | 120,674    |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Preferred Stock dividend requirements    |  |                    | (23,068    | ) |                    |   | (15,471    | )    |  |   | (91,519    | )
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Net income (loss) attributable to        |  |                    |            |   |                    |   |            |      |  |   |            |  
|common stockholders                      |  | $                  | (175,724   | ) |                    | $ | 381,068    |      |  | $ | 29,155     |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Weighted average number of common        |  |                    |            |   |                    |   |            |      |  |   |            |  
|shares outstanding                       |  |                    | 15,785,616 |   |                    |   | 15,703,092 |      |  |   | 15,746,500 |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Preferred Stock Common Share Equivalents |  |                    | -          |   |                    |   | 1,236,160  |      |  |   | -          |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Dilutive Stock Options outstanding for   |  |                    | -          |   |                    |   | 904,849    |      |  |   | 700,522    |  
|the Period                               |  |                    |            |   |                    |   |            |      |  |   |            |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Dilutive Warrants outstanding for        |  |                    | -          |   |                    |   | 2,021,146  |      |  |   | 991,242    |  
|the Period                               |  |                    |            |   |                    |   |            |      |  |   |            |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Weighted average number of common        |  |                    | 15,785,616 |   |                    |   | 19,865,247 |      |  |   | 17,438,265 |  
|and equivalent shares outstanding        |  |                    |            |   |                    |   |            |      |  |   |            |  
|                                         |  |                    |            |   |                    |   |            |      |  |   |            |  
|Net income (loss) per common share       |  | $                  | (0.01      | ) |                    | $ | 0.02       |      |  | $ | 0.00       |