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SEGMENT REPORTING
6 Months Ended
Jun. 30, 2014
SEGMENT REPORTING [Abstract]  
SEGMENT REPORTING

NOTE 7 – SEGMENT REPORTING

     

Three Months Ended

   

Three Months Ended

     

June 30, 2013a

   

June 30, 2014a

Business Unit

   

Revenues, net

   

Net income (loss)

   

Revenues, net

   

Net income (loss)

Pacific Web Works

    $ 41,962       $ (163,874 )     $ 20,719       $ (335,570 )

IntelliPay

      113,383         97,018         113,585         99,345  

Headlamp Ventures

      90,705         45,190         72,461         10,458  
 
     

Three Months Ended

June 30, 2013a

   

Three Months Ended

June 30, 2014a

Business Unit

   

Revenues, net

   

Net income (loss)

   

Revenues, net

   

Net income (loss)

TradeWorks

      1,070         938         820         683  

Thrifty Seeker

      876         (86 )       -         (124 )

Promontory Marketing

      -         (369 )       -         (45 )

World Commerce Network

      -         3,100         -         3,160  
Dynamic WebTools      

25,884

       

(32,449)

       

795,126

       

81,180

 

Total

    $ 273,880       $ (50,532 )     $ 1,002,711       $ (140,913 )

 

aAmounts include all intercompany receivables, payables, revenues and expenses prior to elimination

  for consolidation.

 

     

Six Months Ended

   

Six Months Ended

     

June 30, 2013a

   

June 30, 2014a

Business Unit

   

Revenues, net

   

Net income (loss)

   

Revenues, net

   

Net income (loss)

Pacific Web Works

    $ 93,435       $ (386,350 )     $ 45,927       $ (736,821 )

IntelliPay

      237,587         205,585         236,983         202,865  

Headlamp Ventures

      140,018         66,075         142,629         2,390  

TradeWorks

      2,270         2,138         1,720         1,583  

Thrifty Seeker

      1,171         (243 )       20         (254 )

Promontory Marketing

      -         (414 )       -         (91 )

World Commerce Network

      -         6,165         -         6,285  
Dynamic WebTools      

26,521

       

(31,930)

       

1,051,596

       

119,501

 

Total

    $ 501,002       $ (138,974 )     $ 1,478,875       $ (404,542 )

 

aAmounts include all intercompany receivables, payables, revenues and expenses prior to elimination

  for consolidation.