Annual report pursuant to Section 13 and 15(d)

Business Segment Results

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Business Segment Results
12 Months Ended
Dec. 31, 2011
Business Segment Results [Text Block]

Note 12. Business Segment Results

     We have two principal business segments, which are (1) technology and (2) consulting services. 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 years ended December 31, 2011 and 2010.

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2011     2010     2011     2010     2011     2010     2011     2010  
                                                 
Revenue   6,356,424     7,244,158       0     342,550     0     0     6,356,424     7,586,708   
                                                 
Segment Profit – Pre Tax   1,411,615     1,703,301     (2,349,749 )   (1,522,275 )   (4,930,873 )   (7,744,507 )   (5,869,007 )   (7,563,481 )
                                                 
Total Assets   277,211     990,563     483,849     329,640     9,757,727     13,990,609     10,518,787     15,310,812  
                                                 
Property Additions   0     0     0     0     1,297     1,620     1,297     1,620  
                                                 
Interest Expense   0     0     0     0     0     0     0     0  
                                                 
Depreciation   0     0     2,120     786     24,842     26,214     26,962     27,000