5. DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

The components of the discontinued operations are as follows:

	June 5, 2013 (Inception) to December 31, 2013
Revenues	$	455
Cost of services		183
Gross profit		272
Operating expenses
General administrative		(1,685	)
Total operating expenses		(1,685	)
Net income	$	1,957

The credit to general administrative expenses arose due the write back of a provision for doubtful debts recorded in a prior period.

The mapping business was transferred to a unaffiliated shareholder on December 31, 2013.  This shareholder assumed all liabilities of this business segment.  At the time of transfer, the business had assets of $2,729 and liabilities of $2,277.  The company recognized a loss on the transfer of $452.  This amount was charged to equity.