XML 29 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Consolidated Statements Of Operations And Comprehensive Loss        
Advertising revenue $ 1,216 $ 6,143 $ 9,290 $ 17,550
Trophy Bingo revenue 9,914 2,164 16,785 2,710
Total revenue 11,130 8,307 26,075 20,260
Cost of sales:        
Trophy Bingo amortization (Note 3) 120,503 120,504 361,509 361,510
Total cost of sales 120,503 120,504 361,509 361,510
Gross loss (109,373) (112,197) (335,434) (341,250)
Operating expenses:        
Depreciation and amortization 763 885 2,289 2,494
Directors fees 3,500 2,500 7,500 9,500
General and administrative 79,398 45,904 318,959 155,201
Salaries, wages, consultants and benefits 107,633 116,690 328,453 405,168
Selling and marketing 137,266 55,016 212,404 171,439
Trophy Bingo development (Note 3) 303,162 342,504 934,816 832,714
Total operating expenses 631,722 563,499 1,804,421 1,576,516
Loss before other income (expense) and income taxes (741,095) (675,696) (2,139,855) (1,917,766)
Other income (expense):        
Foreign exchange loss (17,779) (35,262) (24,034) (19,526)
Interest and other income 263 102 801 316
Loss from continuing operations before income taxes (785,611) (710,856) (2,163,088) (1,936,976)
Income tax expense 0 (45) 0 (45)
Loss from continuing operations (785,611) (710,901) (2,163,088) (1,937,021)
Discontinued operations: (Note 4)        
Gaming revenue 0 377,294 0 1,344,997
Gain from the sale of the domain name 0 0 16,305 0
Selling and marketing 0 (125,303) 0 (569,929)
Loss after tax (785,611) (458,910) (2,146,783) (1,161,953)
Other comprehensive income (loss) 0 0 0 0
Comprehensive loss $ (785,611) $ (458,910) $ (2,146,783) $ (1,161,953)
Net loss per common share, basic, continuing operations $ (0.01) $ (0.01) $ (0.04) $ (0.03)
Net loss per common share, basic, discontinued operations 0.00 0.00 0.00 0.01
Net loss per common share, diluted, continuing operations (0.01) (0.01) (0.04) (0.03)
Net loss per common share, diluted, discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.01
Weighted average common shares outstanding, basic 55,682,703 69,682,733 55,682,703 69,189,541
Weighted average common shares outstanding, diluted 55,682,703 69,682,733 55,682,703 69,189,541