Annual report pursuant to Section 13 and 15(d)

SEGMENT DATA

v3.3.1.900
SEGMENT DATA
 12 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
12.
SEGMENT DATA
 
The Company’s reportable operating segments consist of its telecommunications segment and its staffing segment, which are organized, managed and operated along key product and service lines. The Company allocates its Corporate Overhead between its two operating segments.
 
The following tables summarize financial information about the Company’s business segments for the year ended September 30, 2015. The staffing segment was in the development stage during the year ended September 30, 2014 and only generated negligible revenues and expenses during that period.
 
 
 
For the Year Ended
 
 
 
September 30, 2015
 
 
 
Telecommunications
 
Staffing
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
8,722,147
 
$
5,666,535
 
$
14,388,682
 
(Loss) Income from Operations
 
$
(1,657,238)
 
$
50,417
 
$
(1,606,821)
 
Depreciation and Amortization
 
$
108,324
 
$
-
 
$
108,324
 
Interest Expense
 
$
1,281,445
 
$
26,631
 
$
1,308,076