Quarterly report pursuant to Section 13 or 15(d)

Business Segment Results

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Business Segment Results
 6 Months Ended
Jun. 30, 2013
Business Segment Results [Text Block]

Note 9. Business Segment Results

     We have two principal business segments, which are (1) our technology business and (2) our consulting services business. These business segments were determined based on the nature of the operations and the services offered. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief decision-makers, in deciding how to allocate resources and in assessing performance. Our Chief Executive Officer and Chief Operating Officer/Chief Financial Officer have been identified as the chief operating decision makers. Our chief operating decision makers direct the allocation of resources to operating segments based on the profitability, the cash flows, and the business plans of each respective segment.

     The Company evaluates performance based on several factors, of which achievement of strategic goals toward future profitability and business segment income before taxes are the primary measures. The following tables show the operations of the Company’s reportable business segments for the three months and six months ended June 30, 2013 and 2012.

BUSINESS SEGMENT RESULTS – THREE MONTHS ENDED JUNE 30, 2013 AND 2012

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2013     2012     2013     2012     2013     2012     2013     2012  
Revenue   658,859     981,016     0     0     0     0     658,859     981,016  
Segment Profit – Pre Tax   239,163     149,574     (615,281 )   (518,360 )   (647,726 )   (946,150 )   (1,023,844 )   (1,314,936 )
Total Assets   663,229     664,390     673,950     576,031     2,752,083     7,046,966     4,089,262     8,287,387  
Property Additions   0     0     0     0     0     19,738     0     19,738  
Interest Expense   0     0     0     0     0     0     0     0  
Depreciation   0     0     0     0     6,238     7,237     6,238     7,237  

BUSINESS SEGMENT RESULTS – SIX MONTHS ENDED JUNE 30, 2013 AND 2012

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2013     2012     2013     2012     2013     2012     2013     2012  
Revenue   1,174,809     2,238,537     0     0     0     0     1,174,809     2,238,537  
Segment Profit – Pre Tax   324,009     381,660     (1,258,554 )   (1,015,068 )   (1,368,221 )   (1,478,062 )   (2,302,766 )   (2,111,470 )
Total Assets   663,229     664,390     673,950     576,031     2,752,083     7,046,966     4,089,262     8,287,387  
Property Additions   0     0     0     0     0     19,738     0     19,738  
Interest Expense   0     0     0     0     0     0     0     0  
Depreciation   0     0     0     0     12,390     14,517     12,390     14,517