RE:RE:RE:RE:Huge increase in Admin costs --- ?1.7m increase in admin fees. 1.3m of it was due to share based compensation...saved you a phone call. Read the notes. It's all there Administration expenses for the second quarter of 2018 were $3.5M compared to $1.8M for the second quarter of 2017, representing an increase of $1.7M quarter-over-quarter. The increase is primarily due to share-based compensation of $1.3M and increases in merchant fees and professional fees.