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Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Service fees $ 636,107 $ 544,615 $ 1,808,035 $ 1,543,578
Webcast revenue 8,181 0 19,065 0
Publication revenue 0 1,600 0 2,550
Consulting revenue 24,975 0 44,400 0
Total revenue 669,263 546,215 1,871,500 1,546,128
Cost of sales 422,424 381,776 1,149,023 1,057,355
Gross profit 246,839 164,439 722,477 488,773
Selling, general and administrative expenses 432,232 334,567 1,295,308 1,069,861
Operating income (loss) (185,393) (170,128) (572,831) (581,088)
Other income and (expense)        
Gain recognized on purchase of majority interest in WCI 0 0 0 1,250,964
Interest income 27,167 12,453 47,854 15,982
Interest expense (4,146) (7,043) (12,205) (13,550)
Loan costs 0 0 0 (635,851)
Gain (loss) on investments 556 (7,782) (2,082) (5,590)
Gain upon conversion of investment in MicroCannaBiz to note receivable 0 0 35,360 0
Gain (loss) on equipment disposals 0 (4,925) 0 (1,886)
Other income (expense) 0 0 0 167
Total other income and (expense) 23,577 (7,297) 68,927 610,236
Income (loss) before provision for income taxes (161,816) (177,425) (503,904) 29,148
Provision for income taxes 800 0 800 2,525
Net income (loss) (162,616) (177,425) (504,704) 26,623
Gain (loss) attributable to non-controlling interest (669) 8,641 26,187 37,891
Net income (loss) attributable to controlling interest $ (161,947) $ (186,066) $ (530,891) $ (11,268)
Basic and diluted net income (loss) per common share:        
Basic $ (0.010) $ (0.013) $ (0.035) $ (0.001)
Diluted $ 0 $ 0 $ 0 $ 0
Weighted average number of shares of common stock outstanding:        
Basic 15,976,238 14,492,602 15,364,193 12,539,342
Diluted 0 0 0 0