Quarterly report pursuant to Section 13 or 15(d)

Business Segment Results

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Business Segment Results
9 Months Ended
Sep. 30, 2015
Business Segment Results [Text Block]

Note 10. 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 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.

BUSINESS SEGMENT RESULTS – THREE MONTHS ENDED SEPTEMBER 30, 2015 AND 2014

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2015     2014     2015     2014     2015     2014     2015     2014  
                                                 
Revenue   234,163     275,158     0     0     0     0     234,163     275,158  
                                                 
Segment Profit (Loss) – Pre Tax   (2,843 )   201,954     (302,912 )   (116,145 )   131,484     10,187     (174,271 )   95,996  
                                                 
Total Assets   255,035     138,026     893,187     801,447     2,113,912     1,313,364     3,262,134     2,252,837  
                                                 
Property Additions   0     0     0     0     0     0     0     0  
                                                 
Interest Expense   0     0     0     0     0     0     0     0  
                                                 
Depreciation   0     0     0     0     0     0     0     0  

BUSINESS SEGMENT RESULTS – NINE MONTHS ENDED SEPTEMBER 30, 2015 AND 2014

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2015     2014     2015     2014     2015     2014     2015     2014  
                                                 
Revenue   656,220     878,396     0     0     0     0     656,220     878,396  
                                                 
Segment Profit (Loss) – Pre Tax   (142,402 )   284,994     (910,458 )   (1,172,680 )   (23,753 )   (4,175,707 )   (1,076,613 )   (5,063,393 )
                                                 
Total Assets   255,035     138,026     893,187     801,447     2,113,912     1,313,364     3,262,134     2,252,837  
                                                 
Property Additions   0     0     0     0     0     0     0     0  
                                                 
Interest Expense   0     0     0     0     0     0     0     0  
                                                 
Depreciation   0     0     0     0     0     0     0     0