XML 11 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Consolidated Statements Of Operations    
Advertising revenue $ 12,196 $ 22,655
Trophy Bingo revenue 99,414 9,815
Total revenue 111,610 32,470
Cost of sales:    
Trophy Bingo amortization (Note 7) 482,012 482,013
Total cost of sales 482,012 482,013
Gross loss (370,402) (449,543)
Operating expenses:    
Depreciation and amortization (Note 4) 3,467 3,470
Directors fees 9,500 12,000
General and administrative 356,647 212,649
Salaries, wages, consultants and benefits 429,072 520,287
Selling and marketing 549,534 247,258
Trophy Bingo development (Note 5) 1,230,216 1,181,382
Total operating expenses 2,578,436 2,177,046
Loss before other income (expense) and income taxes (2,948,838) (2,626,589)
Other income (expense):    
Foreign exchange loss (33,758) (44,617)
Interest and other income 1,089 510
Loss from continuing operations before income taxes (2,981,507) (2,670,696)
Income tax expense (Note 9) (480) (848)
Loss from continuing operations (2,981,987) (2,671,544)
Discontinued operations:    
Gaming revenue 0 1,684,047
Gain from the sale of the domain name (Note 6) 0 6,677,759
Gain from the sale of the Cash Bingo business 16,305 0
Selling and marketing 0 (628,029)
Income after tax 16,305 5,062,233
Other comprehensive income (loss) 0 0
Comprehensive income (loss) $ (2,965,682) $ 5,062,233
Basic and diluted profit (loss) per common share (Note 2)    
Continuing operations $ (0.05) $ (0.04)
Discontinued operations $ 0.00 $ 0.11
Weighted average common shares outstanding, basic (Note 2) 55,812,511 69,564,552
Weighted average common shares outstanding, diluted (Note 2) 55,812,511 69,584,417