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Discontinued Operations
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4 Months Ended | |||||||||||||||
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Dec. 31, 2014
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| Discontinued Operations, Policy |
Note 10 Discontinued Operations
Prior to September 30, 2013 the Company was seeking to develop an Internet dating, review, and information website. As discussed in Note 1 Organization the Companys current business strategy is to focus on the acquisition and management of properties and real estate assets.
There were no balance sheet amounts related to discontinued operations as of December 31, 2014 or August 31, 2014 and no discontinued operating results during any period reported herein other than the twelve months ended August 31, 2013, as presented below:
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- Details
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- Definition
Disclosure of accounting policy for any discontinued operations. The results of operations of a component of an entity that either has been disposed of or is classified as held for sale is reported in discontinued operations if both: (a) the operations and cash flows of the component have been (or will be) eliminated from the ongoing operations of the entity as a result of the disposal transaction and (b) the entity will not have any significant continuing involvement in the operations of the component after the disposal transaction. If the entity elects to allocate interest expense to a discontinued operation, it may disclose its accounting policy for this election and describe its method of allocation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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