DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 30, 2012
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS	3. DISCONTINUED OPERATIONS   Effective June 30, 2011 the Company  discontinued  the operations of Masonry and Tulare Holdings, Inc., and effective September 30, 2011 the Company discontinued the  operations  of Epic Sports  International,  Inc.  As a result,  losses from Masonry, Tulare and ESI are included in the loss from discontinued operations in the accompanying  consolidated  condensed financial statements for the three and nine  months  ended  September  30,  2012 and  2011,  respectively.  Assets  and liabilities related to discontinued  operations are presented  separately on the condensed balance sheets as of September 30, 2012 and December 31, 2011. Changes in net cash from  discontinued  operations  are  presented  in the  accompanying condensed  statements of cash flows for the nine months ended September 30, 2012 and 2011,  respectively.  All prior period  information has been reclassified to conform to the current period presentation.   The following  amounts  related to Masonry,  Tulare and ESI have been segregated from continuing operations and reported as discontinued operations:                                                  Three Months Ended September 30,     Nine Months Ended September 30,                                                --------------------------------     -------------------------------                                                     2012              2011              2012               2011                                                 ------------      ------------      ------------       ------------ Results From Discontinued Operations:   Net revenues from discontinued operations     $         --      $     28,321      $      1,983       $  4,600,040                                                 ============      ============      ============       ============   Loss from discontinued operations             $     (9,093)     $ (1,246,255)     $   (203,665)      $ (6,029,093)                                                 ============      ============      ============       ============   The  following is a summary of the assets and  liabilities  of the  discontinued operations,  excluding assets held for sale (which is recorded separately on the consolidated condensed balance sheets).                                                     September 30,           December 31,                                                       2012                   2011                                                   ------------           ------------   Accounts receivable                               $      2,612           $         -- Prepaid expenses and other current assets              433,197                  5,217 Property, plant and equipment, net                          --                598,106 Other assets                                                --                 75,000                                                   ------------           ------------ Total assets                                      $    435,809           $    678,323                                                   ============           ============   Accounts payable                                  $  3,477,372           $  3,661,771 Accrued expenses and other current liabilities         883,613                907,823                                                   ------------           ------------ Total Liabilities                                 $  4,360,985           $  4,569,594                                                   ============           ============ Net Liabilities                                   $ (3,925,176)          $ (3,891,271)                                                   ============           ============   The Company  continues to provide  administrative  services for the discontinued operations until the liquidation of these assets is completed.