• Filing Date: 2016-11-15
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.5.0.2
7. DISCONTINUED OPERATION (Details - operating results) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Apr. 07, 2015
Sep. 30, 2016
Sep. 30, 2015
Gain on disposal of LP&L's interest and retained non-controlling investment $ 0 $ 0   $ 0 $ 1,852,884
Loss from discontinued operation $ 0 $ 0   $ 0 $ (278,463)
Lexington Power & Light, LLC [Member]          
Fair value of consideration     $ 629,668    
Fair value of retained non-controlling investment     0    
Carrying value of non-controlling interest     (215,861)    
Total net value     413,807    
Less: carrying value of former subsidiary's net assets     (1,439,077)    
Gain on disposal of LP&L's interest and retained non-controlling investment     1,852,884    
Loss from discontinued operation     $ (278,463)