Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations

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Discontinued Operations
 6 Months Ended
Jun. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

4. DISCONTINUED OPERATIONS

 

On November 29, 2016, the Company’s Board of Directors determined that it was in the Company’s best interest to close down its broker-dealer operations on December 31, 2016. On February 21, 2017, the Company’s request to FINRA for Broker-Dealer Withdrawal became effective.

 

Results of Discontinued Operations

 

There were no results of discontinued operations during the three and six months ended June 30, 2018, or for the three months ended June 30, 2017. Results of discontinued operations for the six months ended June 30, 2017 were as follows:

 

    For Six Months Ended  
    June 30, 2017  
       
Revenues   $ -  
Gross profit   $ -  
Operating expenses   $ (106,564 )
Interest income (expense)   $ 21  
Loss from discontinued operations   $ (106,543 )