OPERATING EXPENSES. For the three months period ended September 30, 2015, from our continuing operations, we had $7,167 in gross profit and $12,264 in administrative expenses. We had $40,000 interest expenses and a gain of $4,875,775 from disposal of discontinued operations resulting in a gain of $5,047,880 from continuing operations. During this period, from our operations held for sale, we had gross profit of $6,804 and our total operating costs was $39,702 which were general and administrative expenses. We also had $111,600 in currency exchange losses, $9 in other income and $27,616 in interest expenses so that our net loss from our operations held for sale was $172,105. In total, for the three months ended September 30, 2015, the loss attributable to our shareholders before non-controlled interests was $4,830,678. In comparison for the three months period ended September 30, 2014, from our continuing operations, we had $4,216 in gross profit and $23,538 in administrative expenses. We had $40,000 interest expenses resulting in a loss of $59,322 from continuing operations. During this period, from our operations held for sale, we had gross losses of $1,078,766 and our total operating costs was $942,835 which were general and administrative expenses. We also had $183,389 in currency exchange losses, $751 in other income and $90,000 in interest expenses so that our net loss from our operations held for sale was $2,294,239. In total, for the three months ended September 30, 2014, the loss attributable to our shareholders before non-controlled interests was $2,353,561. For the nine months period ended September 30, 2015, from our continuing operations, we had $7,167 in gross profit and $29,206 in operating expenses which were all administrative expenses. We had $120,000 interest expenses and a gain of $5,047,880 from disposal of discontinued operations resulting in a gain of $4,905,841 from continuing operations. During this period, from our operations held for sale, we had gross losses of $498,091 and our total operating costs was $999,752 which were general and administrative expenses. We also had $722,031 in currency exchange losses, $70,452 in other income and $207,616 in interest expenses so that our net loss from our operations held for sale was $2,357,038. In total, for the nine months ended September 30, 2015, the gain attributable to our shareholders before non-controlled interests was $2,548,803. In comparison for the nine months period ended September 30, 2014, from our continuing operations, we had $4,216 in gross profit and $36,336 in operating expenses which were all administrative expenses. We had $106,667 interest expenses and other income on write off of liabilities of $400,050 and $420,362 gain from disposal of subsidiaries resulting in a profit of $681,625 from continuing operations. During this period, from our operations held for sale, we had gross losses of $951,664 and our total operating costs was $2,332,085 which were general and administrative expenses. We also had $15,056 in currency exchange losses, $11,334 in other income and $255,000 in interest expenses so that our net loss from our operations held for sale was $3,542,471. In total, for the nine months ended September 30, 2014, the loss attributable to our shareholders before non-controlled interests was $2,860,846. |