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Note 5 - Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2017
Table Text Block Supplement [Abstract]  
Schedule of the sale and discontinued operations

The following are the key components of the sale and discontinued operations:

 

Sales price  $40,000 
Tax refund   40,251 
Carrying value of disposed business, net write off of     
intercompany receivable   (44,629)
Expenses related to the sale   (1,135)
Loss on sale before write-off of foreign currency     
translation adjustments   34,487 
Write-off of foreign currency translation adjustments     
recorded in other comprehensive income   (40,370)
Loss on sale of subsidiary   (5,883)
Discontinued operations year-to-date   (1,938,134)
      
Loss on sale of discontinued operations  $(1,944,017)

 

The account classifications that make up the discontinued operations as of December 31, 2016, on the balance sheet, are shown below:

 

   12/31/2016
Assets     
Cash  $1,392,919 
Prepaids   2,684,832 
VAT receivable   35,283 
Deposits   14,528 
Current assets of discontinued operations   4,127,562 
      
Liabilities     
Accounts payable   (227,091)
Accrued liabilities   (2,241,419)
Related party payables   (25,450)
Current liabilities of discontinued operations  $(2,493,960)