Quarterly report pursuant to Section 13 or 15(d)

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes

The following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes, as presented in the unaudited condensed consolidated income statements:

		Three months ended June 30				Six months ended June 30
		2015		2014		2015		2014
Operating income	$	(194,121)	$	(315,788)	$	(387,437)	$	(410,949)
Gain recognized on purchase of majority interest in WCI		-		-		-		1,250,000
Interest income		18,109		3,595		20,687		3,595.00
Interest expense		(3,870)		(7,526)		(8,059)		(12,016)
Loan costs		-		(635,851)		-		(635,851)
Gain (loss) on investments		(3,977)		816		(2,639)		2,192
Gain on conversion of investment in MicroCannaBiz to note receivable		35,360		-		35,360		-
Gain (loss) on equipment disposals		-		3,039		-		3,039
Other income		-		25		-		100

Income before income taxes	$	(148,499)	$	(951,690)	$	(342,088)	$	200,110