DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2014

Discontinued Operations Tables

Summarized income statement, discontinued operations

	For three months ended September 30, 2013			For nine months ended September 30, 2013
Sales revenue	$	-		$	-
Cost of revenue		-			-
Gross Profit	$	-		$	-
Operating expenses (income)
Administrative expenses		48,972			68,161
Gain on disposal of asset		(5,628	)		(2,284,956	)
Depreciation		363			1,295
Total Operating Expenses (Income)	$	43,707		$	(2,215,500	)
Income (Loss) from operations		(43,707	)		2,215,500
Other Income (Expenses)
Interest income		7,180			39,760
Interest expenses		(636	)		(780	)
Allowance for long term investment		-			-
Total Other Income	$	6,544		$	38,980
Income (Loss) before tax		(37,163	)		2,254,480
Income tax expense (benefit)		(23,721	)		563,655
Net Income (Loss)	$	(13,442	)	$	1,690,825