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NOTE I - DISCONTINUED OPERATIONS: Schedule of net gain from discontinued operations (Tables)
12 Months Ended
Dec. 31, 2018
Tables/Schedules  
Schedule of net gain from discontinued operations

 

 

 

 

Consideration:

 

 

 

 Cash

 

$

246,500   

 Assumption of deferred revenue

 

 

8,366   

 Waived service obligation for February 2018

 

 

10,006   

Total consideration

 

$

264,872   

 

 

 

 

Total assets sold:

 

 

 

 Customer contracts

 

$

-   

 Fiber innerduct

 

 

3,248   

 Fiber strands

 

 

-   

 Customer CPE

 

 

-   

Total assets

 

 

3,248   

 Transactional costs

 

 

28,347   

Total basis

 

$

31,595   

Net gain

 

$

233,277