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Discontinued Operations
6 Months Ended
Dec. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

NOTE 2. DISCONTINUED OPERATIONS

 

Effective October 1, 2011 the Company sold Web Merchants, Inc. to Web Merchants Atlanta, LLC.

The following table sets forth the components of discontinued operations:

       

For the Period

July 1, 2011 to September 30, 2011

 
  Net sales   $ 2,626,608  
  Cost of sales    

1,739,277

 
  Gross profit     887,331  
  Advertising expenses     315,551  
  Other sales and marketing expenses     376,693  
  General and administrative expenses     216,117  
  Depreciation and amortization expenses    

5,011

 
  Total operating expenses    

913,372

 
  Loss from Operations of Discontinued Operations   $ (26,041 )