EX-11.1 2 exhibit111computationofpersh.htm EXHIBIT 11.1 EXHIBIT 11

EXHIBIT 11.1


  

Cordia Corporation

        
  

Computation of Per Share Earnings

        
  

(Unaudited)

        
           
           
    

         Six Months Ended

 

      Three Months Ended

    

2006

 

2005

 

2006

 

2005

           
           

Net  (Loss) Income

  

$(235,849)

 

$   860,802

 

$(338,859)

 

$  437,972

           

BASIC EARNINGS (LOSS):

         
           

Weighted average number of common shares outstanding

        
   

5,580,740

 

4,504,890

 

5,631,080

 

4,503,254

           

Basic earnings (loss) per common share

 

$      (0.04)

 

$         0.19

 

$      (0.06)

 

$      0.10

           
           
           

DILUTED EARNINGS:

         
           

Weighted average number of common shares outstanding

 

5,580,740

 

4,504,890

 

5,631,080

 

4,503,254

           

Assumed conversion of preferred stock

 

-

 

994,475

 

-

 

1,500,000

Assumed exercise of stock options

 

-

 

444,310

 

-

 

532,838

           

Weighted average number of common shares

        

   outstanding - as adjusted

 

5,580,740

 

5,943,675

 

5,631,080

 

6,536,092

           

Diluted earnings per common share

 

$      (0.04)

 

$         0.14

 

$      (0.06)

 

$      0.07