Transition report pursuant to Rule 13a-10 or 15d-10

SEGMENT DATA

v3.3.1.900
SEGMENT DATA
 3 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
10.
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 following tables summarize financial information about the Company’s business segments for the three months ended December 31, 2015. Comparative data for the three months ended December 31, 2014 is not presented here as the staffing revenues generated during that period were negligible.
 
 
 
For the Three Months Ended December 31, 2015
 
 
 
Telecommunications
 
Staffing
 
Consolidated
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,185,670
 
$
1,885,135
 
$
3,070,805
 
 
 
 
 
 
 
 
 
 
 
 
(Loss) Income from Operations
 
$
(2,483,328)
 
$
186,842
 
$
(2,296,486)
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
$
(169,574)
 
$
-
 
$
(169,574)
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
(431,153)
 
$
(4,310)
 
$
(435,463)