Japan Acquisition

9 Months Ended

Sep. 30, 2015

Japan Acquisition [Abstract]

Japan Acquisition

NOTE 4: JAPAN ACQUISITON

On June 17, 2015, for the purpose of expanding into new markets, the Company signed a share purchase agreement with GKFX Financial Services Limited to purchase all of its outstanding shares. GKFX Financial Services Limited operates as a foreign exchange brokerage business, and holds a corresponding Type 1 Financial Instruments Business Registration under the Financial Instruments and Exchange Act. GKFX Financial Services Limited is also in the process of obtaining a Japanese regulatory license to offer online binary options products and services. The aggregate purchase price for all outstanding shares in GKFX Financial Services Limited was $400 thousand, plus the immaterial value of net assets of GKFX Financial Services Limited amounting to $125 thousand on the closing date, which took place on July 3, 2015.