Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS (Tables)

v2.4.0.6
DISCONTINUED OPERATIONS (Tables)
 3 Months Ended
Dec. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Schedule Of Disposal Groups, Including Discontinued Operations, Income Statement [Table Text Block]

Revenues, income before income taxes and net loss of NTC which are included in discontinued operations are as follows:

 

    Three Months ended
December 31, 		 
    2012     2011  
Neuro-Therapy Clinic                
Revenues   $ -     $ 152,300  
Expenses     12,200       296,400  
Operating Loss before taxes   $ (12,200 )   $ (144,100 )
Taxes     -       -  
Net Loss   $ (12,200 )   $ (144,100 )
Schedule Of Disposal Groups, Including Discontinued Operations, Balance Sheet [Table Text Block]

The assets and liabilities of NTC are as follows:

 

 

 

As at December 31,

 

 

 

2012

 

 

2011

 

ASSETS:

 

 

 

 

 

 

 

 

Cash

 

$

15,100

 

 

$

14,700

 

Account Receivable

 

 

-

 

 

 

29,100

 

Prepaid Expenses

 

 

-

 

 

 

6,300

 

Security Deposit

 

 

-

 

 

 

5,800

 

Assets of Discontinued Operations

 

$

15,100

 

 

$

55,900

 

 

 

 

 

 

 

 

 

 

LIABILITIES:

 

 

 

 

 

 

 

 

Accounts Payable

 

$

159,600

 

 

$

121,900

 

Accrued Payroll Liabilities

 

 

138,500

 

 

 

12,300

 

Liabilities of Discontinued Operations

 

$

298,100

 

 

$

134,200