Discontinued Operations

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Discontinued Operations

5.       Discontinued Operations

On February 14, 2017, the Company completed a series of transactions, including an APA whereby the Company sold certain of the Canadian Rehab Clinic assets. The assets disposed of business represented substantially all of the operating assets of the Canadian Rehab Clinic and has been disclosed as a discontinued operation as of March 312, 2017. There were no discontinued operations in 2018.

 The Statement of operations for discontinued operations is as follows:

	Three months ended March 31, 2017
Revenues	$	232,152
Operating expenses
Depreciation and amortization		4,196
General and administrative		86,080
Professional fees		648
Rent		44,518
Salaries and wages		233,636
Total operating expenses		369,078
Operating (loss) income		(136,926	)
Other (Expense) Income
Other income		—
Other expense		(788	)
Foreign exchange movements		196,706
Net (loss) income before taxation		58,992
Taxation		—
Net (loss) income from discontinued operations	$	58,992
Gain on disposal of business		7,494,828
	$	7,553,820