Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2013

The operating results for the three and nine months ended September 30, 2013 and 2012 have been reclassified as discontinued operations in the consolidated statements of operations as detailed in the table below.

	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013		2012

Revenue:
Sales	$	-	$	59		$	-	$	3,168,438

Costs and expenses:
Cost of sales		-		560			-		2,861,477
S,G&A expenses		-		29,780			-		429,051
Depreciation and amortization		-		(23,727	)		-		220,384
		-		6,613			-		3,510,912

Operating loss		-		(6,554	)		-		(342,474	)

Other (expense)/income, net		-		(99,265	)		-		(358,805	)
Interest expense		-		-			-		(5,362	)
		-		(99,265	)		-		(364,167	)

Loss from discontinued operations before income taxes				(105,819	)				(706,641	)

Income tax expense		-		-			-		-

Loss from discontinued operations after income taxes	$	-	$	(105,819	)	$	-	$	(706,641	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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