Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations, Disclosure: Schedules of Discontinued Operations (Tables)

v3.7.0.1
Discontinued Operations, Disclosure: Schedules of Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2016
Tables/Schedules  
Schedules of Discontinued Operations

 

 

Three months ended June 30,

 

Six months ended June 30,

 

2016

 

2015

 

2016

 

2015

Revenue

$

--

 

$

20,040

 

$

--

 

$

28,870

Expense

 

48

 

 

116,196

 

 

(1,792)

 

 

225,085

  Net Loss, before Other income

  and expense and taxes

 

(48)

 

 

(96,156)

 

 

(1,792)

 

 

(236,797)

Other income (expense)

 

3,308

 

 

(15,292)

 

 

(536)

 

 

(23,832)

Income tax benefit

 

--

 

 

--

 

 

--

 

 

--

  Net Income (Loss), net of tax

$

3,260

 

$

(111,448)

 

$

1,256

 

$

(263,629)

 

The balance sheet items for discontinued operations as of June 30, 2016 and December 31, 2015 are summarized below:

 

 

2016

 

2015

Cash and cash equivalents

$

3,584

 

$

12,350

Total assets

$

3,584

 

$

12,350

 

 

 

 

 

 

Payables and accrued liabilities

 

--

 

 

70,358

Short-term debt

 

--

 

 

229,980

Total liabilities

$

--

 

$

300,338