Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.8.0.1
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Operating Results of Discontinued Operations

Summarized operating results of discontinued operations are presented in the following table:

 

    For The Three Months Ended
September 30, 		    For The Nine Months Ended
September, 30 		 
    2017     2016     2017     2016  
Revenues   $ -     $ 64,358     $ -     $ 115,863  
Gross profit   $ -     $ 64,358     $ -     $ 115,863  
Operating expenses   $ -     $ (433,698 )   $ (105,772 )   $ (1,153,478 )
Interest income (expense)   $ -     $ 15     $ 21     $ 66  
Loss from discontinued operations   $ -     $ (369,325 )   $ 105,751     $ (1,037,549 )

Summary of Assets and Liabilities of Discontinued Operations

Summarized assets and liabilities of discontinued operations are presented in the following table:

 

    September 30,     December 31,  
    2017     2016  
Related party receivable   $ 155,420     $ 155,420  
Prepaid expenses and other current assets     17,250       52,734  
Total current assets of discontinued operations   $ 172,670     $ 208,154  
                 
Accounts payable and accrued expenses   $ -     $ 44,104  
Total current liabilities of discontinued operations   $ -     $ 44,104