Our goal for the rest of 2011 is to continue to develop our corn, simple and deep processed, and non-processed and unpacked grains divisions. We will continue to rely on our strengths, competitive edges and loyal support of our corn customers to keep up revenues. Moreover, our solid relationships with several banks in China and our current bank funds leads us to believe that we will not need to shift capital from our corn division in order to develop our unpacked grains business. In our view, the momentum we are gaining from our simple and deep processed grain products, along with our expanding distribution network and growing brand name recognition, will also facilitate the development of our unpacked grain business. We are also taking steps to improve our website platform on TaoBao Mall, particularly its wholesale features, in an effort to foster high order volume and improve our cash flows.
Since we have been successful in promoting and selling our products through all of our distribution channels and networks, including our B2B and B2C ecommerce platforms, and our name brand is becoming more well known, to further support our growth, we are also carefully planning to build more warehouses and plants, and we are also looking to acquire companies who either fit in or expand our product lines. We believe that enacting these strategies will further ease the requests from retail stores and many of our wholesalers. Our continuous growth relies on our ability to meet the rising demand for our current products and expanded product lines and as we head into 2012, we believe we have sound strategies in place to help us sustain our progress.
During the fourth quarter of 2010, the Company conducted bulk purchase and wholesale trading of rice and flour, resulting in $5.1 million and $0.8 million of sales revenue, respectively. The Company intends to continue increasing the trading volume and expanding its customer base in this sector during 2011. Also in 2010, Deyu made the strategic decision to obtain additional supply sources in an effort to position itself for long-term success. For approximately $7 million dollars, the Company acquired the land use rights of two pieces of farmland totaling approximately 17,300 acres. The growing season for these parcels will begin in April 2011. Deyu believes that is has achieved economies of scale through its exclusive rights of use to over 109,000 acres of what the Company considers to be some of China's most fertile agricultural land, including ownership rights to approximately 19,000 acres. Also, the Company is constructing warehouses in Shanxi Province and a new plant in the outskirts of Beijing.
"In the coming year 2011, for sales and marketing strategy, instead of rapidly increasing the number of stores selling our products across Beijing and China as a whole, we have shifted our focus on promoting our name brand and products regionally, and increasing customer purchases on a per store basis. Since we have been successful promoting and selling our products through all of our distribution channels and networks, including B2B and B2C E-Commerce, and our brand names are becoming widely known, to support this growth, the Company has carefully planned to build more warehouses and plants and to acquire companies in the future that either fit in or expand Deyu product lines. It also helps ease requests of many of our wholesalers and retail stores for providing other non-existing Deyu product lines. Thus, we plan to make a few strategic acquisitions per year vertically or horizontally to sell either under our own brands name or theirs through our distribution networks."
For the fourth quarter of 2010, the Company expects revenue to be in the range of $31.5 to $35.0 million and net income available to common stockholders to be in the range of $3.5 to $4.5 million. For the fiscal year ending December 31, 2010, the Company expects revenue to be in the range of $85.4 to $88.9 million and net income available to common stockholders to be in the range of $11.0 to $12.0 million.
"Our expected strong results for the quarter are due to the combination of higher sequential and year-over-year corn and grain volumes and the addition of revenues from our recent agreements with Deyufarm Innovation Food Co. As 2010 comes to a close and we look ahead to fiscal year 2011, we expect our growth to be driven by the launch of a wide range of branded instant organic grain products including instant grain noodles, ready-to-eat grain rice, instant grain beverages and instant grain soups. As Chinese consumers are becoming increasingly health and nutrition conscious, demand for high quality organic grain food is growing rapidly. In addition, we expect to continue to grow our corn products segment as demand remains strong from our existing customer base. Overall, we are optimistic about our business prospects and look forward to capitalizing on the attractive growth opportunities in the markets we serve."