| Schedule of Discontinued Operations Included in Statements of Operations and Assets and Liabilities in Discontinued Operations |
As
September 30, 2018 and 2017, assets and liabilities from discontinued operations
are listed below:
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2018
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2017
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Cash
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$
285
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$
18,434
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Assets
from discontinued operations
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$
285
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$
18,434
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Current
Liabilities
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Accounts
Payable
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$
10,086
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$
2,074
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Deferred
Revenues
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28,720
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22,058
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Due
from unrelated parties
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68,000
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-
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Current
labilities from discontinued operations
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106,806
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24,132
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Long
Term Liabilities
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Deferred
revenue, net of current portion
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-
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7,434
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Long
term liabilities from discontinued operations
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-
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7,434
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Liabilities
from discontinued operations
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$
106,806
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$
31,566
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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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2018
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2017
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Revenue
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$
191,635
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$179,377
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Cost of
revenue
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80,604
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90,102
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Gross
profit
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111,031
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89,275
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Operating
expenses:
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Selling
expenses
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28,300
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19,368
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Administrative
expenses
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64,200
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76,310
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Acquisition
costs
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95,817
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-
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Total
operating expenses
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188,317
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95,678
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Loss
from operations
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(77,286)
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(6,403)
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Other
income
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Other
income
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3,442
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830
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Total Other
Income
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3,442
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830
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Loss Before
Income Taxes
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(73,844)
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(5,573)
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Provision
for income taxes
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-
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-
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Loss from
discontinued operations
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$
(73,844)
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$
(5,573)
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