Discontinued Operations

6 Months Ended

Jun. 30, 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 for comparative purposes as of June 30, 2017. And for the three and six months ended June 30, 2017.

The Statement of operations for discontinued operations is as follows:

	Three months ended June 30, 2017			Six months ended June 30, 2017
Revenues	$	(112	)	$	232,040
Operating expenses
Depreciation and amortization		—			4,196
General and administrative		31,330			118,706
Professional fees		33,466			32,818
Rent		2,975			47,493
Salaries and wages		(31,913	)		201,723
Total operating expenses		35,858			404,936
Operating (loss) income		(35,970	)		(172,896	)
Other (Expense) Income
Other expense		(204	)		(993	)
Foreign exchange movements		(105,003	)		91,704
Net (loss) income before taxation		(141,177	)		(82,185	)
Taxation		—			—
Net (loss) income from discontinued operations	$	(141,177	)	$	(82,185	)
Gain on disposal of business		—			7,494,828
	$	(141,177	)	$	7,412,643