OLB Group Inc (OLB)

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GENERAL AND ADMINISTRATIVE EXPENSES

General and administrative ("G&A") expenses decreased by $50,333 or 45% to $60,343 for the six months ended June 30, 2009 as compared to the six months ended June 30, 2008. For the six months ended June 30, 2009. This decrease in expense was the result of a decrease in professional fees and services for the software development.

NET LOSS

Net loss decreased by $112,889 to $132,515 for the six months ended June 30, 2009 as compared to six months ended June 30, 2008. This decrease in net loss was the result of the decrease in G&A expenses for professional fees & software development.