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Discontinued Operations
12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Note 12 – Discontinued Operations
 
In February 2014, the Company elected to discontinue the operations of six Southern Bullion locations and in April 2014 elected to discontinue the operations of the 17 remaining Southern Bullion locations, due to the lack of profitability and management's belief that it was unlikely that profitability would be reached in the foreseeable future. The operating results for all Southern Bullion operations have been reclassified as discontinued operations in the consolidated statements of operations for Fiscal 2016 and Fiscal 2015.
 
Discontinued operations are as follows: 
 
 
December 31,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
Revenue:
 
 
 
 
 
 
 
Sales
 
$
-
 
$
65
 
Cost of goods sold
 
 
-
 
 
-
 
Gross Margin
 
 
-
 
 
65
 
 
 
 
 
 
 
 
 
Expenses:
 
 
 
 
 
 
 
Selling, general and administrative expenses
 
 
-
 
 
(77,439)
 
Total Expenses
 
 
-
 
 
(77,439)
 
 
 
 
 
 
 
 
 
Operating Income
 
 
-
 
 
77,504
 
 
 
 
 
 
 
 
 
Other income:
 
 
 
 
 
 
 
Interest (income) expense
 
 
-
 
 
(40)
 
 
 
 
 
 
 
 
 
Income from discontinued operations before income taxes
 
 
-
 
 
77,544
 
 
 
 
 
 
 
 
 
Income tax benefit
 
 
-
 
 
477
 
Income from discontinued operations after income taxes
 
$
-
 
$
78,021
 
 
For the year ended December 31, 2015, income from discontinued operations include adjustments of existing expense accruals related to the winding down the operations of Southern Bullion. The Company believes it has now recognized all material expenses related to the closure of Southern Bullion operations as of December 31, 2016.