DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of recognised loss on disposal of assets

During the year ended December 31, 2015 the Company completed its obligations under the Purchase Agreement with the NRL and recognized a loss on disposal of assets of $670,943 within discontinued operations as detailed below:

	Year Ended December 31, 2015
Proceeds recognized pursuant to Stock Purchase Agreement	$	50,000
Investment in NRL		11,728
Less carrying value of assets sold and liabilities assumed:
Accounts receivable		(923,266	)
Intangible assets		(20,949	)
Property and equipment		(314,628	)
Other assets		(62,854	)
Liabilities assumed by buyer		589,026
Net loss on disposal of assets	$	670,943

Schedule of disposal of consolidate statements of operations and comprehensive loss

The results of the NRLBH are disclosed as discontinued operations in the Company’s Consolidated Statements of Operations and Comprehensive Loss for all periods presented:

	For the Year Ended December 31, 2015
Revenue	$	5,523,116
Cost of revenue		(3,539,134	)
Gross profit		1,983,982
Expenses:
Selling expenses		(1,303,425	)
Research and development expenses		(1,012,392	)
General and administrative expenses		(1,665,840	)
Loss on disposal		(670,943	)
Exit and disposal expenses		(399,399	)
Other expense, net		65,881
Net loss from discontinued operations	$	(3,002,136	)