Our general and administrative expenses for the three months ended March 31, 2011 were $164,043 as compared to $12,264 for 2010 in contrast to our nine months ended March 31, 2011 were $216,993 as compared to $47,119 for 2010.
The increase in general and administrative expenses was due to additions to our management team and the hiring of consultants in connection with a planned acquisition, as well as in anticipation of future acquisitions.
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