DISCONTINUED OPERATIONS |
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Discontinued Operations and Disposal Groups [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DISCONTINUED OPERATIONS |
NOTE 9 DISCONTINUED OPERATIONS In March 2018, the Company approved a Letter of intent to be issued by its subsidiary VoiceInterop, Inc. to CanniPlus Global, Inc. The Company also approved the spin-off VoiceInterop, Inc. into a separate company under a Form S-1 registration to be filed with the United States Securities and Exchange Commission. On April 23, 2018 the company approved an asset purchase agreement whereby VoiceInterop, Inc. would acquire the assets of CanniPlus Global, Inc. On May 31, 2018, the asset purchase agreement was cancelled due to major discrepancies in the schedule of assets to be acquired. Despite the cancellation of the asset purchase agreement, the Company intends to move forward with the spin-off of Voiceinterop, Inc. Therefore, the Company has discontinued operations of this subsidiary.
As September 30, 2018 and 2017, assets and liabilities from discontinued operations are listed below:
The following table illustrates the reporting of the discontinued operations included in the Statements of Operations for the year ended September 30, 2018 and 2017.
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