Quarterly report pursuant to Section 13 or 15(d)

Schedule of Purchase of additional equity in WCI (Tables)

v3.4.0.3
Schedule of Purchase of additional equity in WCI (Tables)
3 Months Ended
Mar. 31, 2016
Schedule of Purchase of additional equity in WCI (Tables):  
Schedule of Purchase of additional equity in WCI (Tables)

Therefore, the parties by mutual consent dissolved their relationship. The CAST prior owner received assets valued at $7,408, assumed liabilities of $7,063 as follows:

 

CAST assets and liabilities disposed:

 

 

Liabilities:

 

 

Accounts payable

$

5,427

Accrued expenses

 

420

Deferred revenue

 

1,216

  Total liabilities transferred

 

7,063

Assets:

 

 

Prepaid expenses

 

2,885

Accounts receivable, net of $10,000 allowance

 

190

Employee advance

 

1,013

Fixed assets, net of accumulated depreciation

 

3,320

  Total assets disposed

 

7,408

  Loss on disposition of assets and liabilities

$

(345)