Attached files

file filename
10-K - FOG CUTTER CAPITAL GROUP 10-K 12-31-2008 - FOG CUTTER CAPITAL GROUP INCform10k.htm
EX-31.1 - EXHIBIT 31.1 - FOG CUTTER CAPITAL GROUP INCex31_1.htm
EX-32.2 - EXHIBIT 32.2 - FOG CUTTER CAPITAL GROUP INCex32_2.htm
EX-23.1 - EXHIBIT 23.1 - FOG CUTTER CAPITAL GROUP INCex23_1.htm
EX-21.1 - EXHIBIT 21.1 - FOG CUTTER CAPITAL GROUP INCex21_1.htm
EX-31.2 - EXHIBIT 31.2 - FOG CUTTER CAPITAL GROUP INCex31_2.htm
EX-32.1 - EXHIBIT 32.1 - FOG CUTTER CAPITAL GROUP INCex32_1.htm

EXHIBIT 11.1

COMPUTATION OF LOSS PER COMMON SHARE

   
Year Ended December 31,
   
2008
   
2007
 
Diluted net loss per share from continuing operations:
           
Net loss from continuing operations available to common shareholders
  $ (15,182,000 )   $ (10,132,000 )
                 
Weighted average number of shares outstanding
    7,957,324       7,957,324  
Net effect of dilutive stock options based on treasury stock Method method
    -       -  
Total average shares
    7,957,324       7,957,324  
Fully diluted net loss per share
  $ (1.91 )   $ (1.27 )