Income Taxes

3 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Income Taxes

Note 8 – Income Taxes

Our effective tax rates were 0% for the three months ended December 31, 2011 and 2010. Our effective tax rate was lower than the U.S. federal statutory rate due to the fact that our operations reflect net income that is largely comprised of items that are treated differently for tax purposes and the Company has generated net operating loss carry-forwards available to offset current and future taxable income.