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Non-Tech : Play-by-Play Toys and Novelties (pbyp)
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To: johnlag who wrote (39)9/5/1999 12:28:00 PM
From: makin_dough99  Read Replies (2) of 132
 
Uh Oh !!!

The 937,500 shares issuable upon conversion of the 8% convertible
debentures were not included in the calculation of diluted earnings (loss) per
share for the three months ended and for the nine months ended April 30, 1999,
because the effect of adding the shares and the related interest would have been
anti-dilutive. During the three months ended and the nine months ended April 30,
1999, the Company had 1,877,600 of common stock options and warrants outstanding
which were not included in the diluted earnings (loss) per share calculation
because the options and warrants would have been anti-dilutive. During the three
months ended and the nine months ended April 30, 1998, the Company had 563,000
and 65,000, respectively, of common stock options and warrants outstanding which
were not included in the diluted earnings per share calculation because the
options and warrants would have been anti-dilutive.
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