Quarterly report pursuant to sections 13 or 15(d)

DISCONTINUED OPERATIONS (Tables)

v2.4.0.8
DISCONTINUED OPERATIONS (Tables)
3 Months Ended
Mar. 31, 2014
Accounting Policies [Abstract]  
Schedule of Assets And Liabilities

 

   

March 31,

2014

   

December 31,

2013

 
Assets:            
Assets of discontinued operations   $ -     $ -  
                 
Liabilities:                
Accounts payables and accrued expenses   $ 30,664     $ 30,664  
Liabilities of discontinued operations   $ 30,664     $ 30,664  

 

Schedule of Discontinued Operations

 

    For the Three Months Ended March 31, 2014     For the Three Months Ended March 31, 2013  
Revenues – real estate   $ -     $ 986,951  
Cost of sales- real estate     -       (817,483 )
Gross profit     -       169,468  
Operating and other non-operating expenses     -       (60,688 )
                 
Income from discontinued operations, net of tax   $ -     $ 108,780