Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies: Basis of Presentation (Policies)

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Summary of Significant Accounting Policies: Basis of Presentation (Policies)
6 Months Ended
Jun. 30, 2016
Policies  
Basis of Presentation

Basis of Presentation - These unaudited interim consolidated financial statements and related notes are presented in accordance with the accounting principles generally accepted in the United States (“U.S. GAAP”) and are expressed in U.S. dollars.  Accordingly, they do not include all disclosures required in the annual financial statements by U.S. GAAP.  In the opinion of management, the accompanying unaudited interim financial statements contain all adjustments considered necessary to present fairly in all material respects the financial position as of June 30, 2016.

 

The Company’s consolidated financial statements include Dr. Pave, LLC and Dr. Pave Worldwide, LLC; both wholly-owned subsidiaries of the Company, which are represented in the Company’s discontinued operations (Note 5).  All intercompany balances and transactions have been eliminated in the consolidated financial statements.

 

Certain immaterial amounts in prior years have been reclassified to conform to the 2016 presentation.