Discontinued Operations

9 Months Ended

Sep. 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 September 30, 2017, and for the three and nine months ended September 30, 2017.

The Statement of operations for discontinued operations at September 30, 2017 is as follows:

	Three months ended September 30, 2017			Nine months ended September 30, 2017
Revenues	$	—		$	232,040
Operating expenses
Depreciation and amortization		—			4,196
General and administrative		353			119,058
Professional fees		—			32,818
Rent		—			47,493
Salaries and wages		—			201,723
Total operating expenses		353			405,288
Operating loss		(353	)		(173,248	)
Other (Expense) Income
Interest expense		(1,904	)		(2,898	)
Foreign exchange movements		(215,996	)		(124,293	)
Net loss before taxation		(218,253	)		(300,439	)
Taxation		—			—
Net loss from discontinued operations	$	(218,253	)	$	(300,439	)
Gain on disposal of business		—			7,494,828
	$	(218,253	)	$	7,194,389