丝瓜视频. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Nature of Operations and Liquidity (Tables)

Nature of Operations and Liquidity (Tables)

3 Months Ended

12 Months Ended

Jul. 31, 2014

Apr. 30, 2014

Nature of Operations and Liquidity [Abstract]

Schedule of Discontinued Operations

The following table shows the results of the "Smart Home Integration Certificate" program component included in the income (loss) from discontinued operations:


	For the Three Months Ended
	July 31,
	2014		2013


Revenues	$	-	$	222,625

Costs and expenses:
Instructional costs and services		-		200,362
Total costs and expenses		-		200,362

Income (loss) from discontinued operations, net of income taxes	$	-	$	22,263

The major classes of assets and liabilities of discontinued operations on the balance sheet are as follows:


	July 31,		April 30,
	2014		2014
Assets
Cash and cash equivalents	$	-	$	-
Accounts receivable, net of allowance of $481,351, and $481,531, respectively		5,250		5,250
Other current assets		-		-
Net assets from discontinued operations	$	5,250	$	5,250

Liabilities
Accounts payable	$	-	$	-
Accrued expenses		-		-
Deferred revenue		-		-
Net liabilities from discontinued operations	$	-	$	-

The following table shows the results of the "Smart Home Integration Certificate" program component included in the income (loss) from discontinued operations:


	For the year			For the year
	ended			ended		For the
	April 30,			December 31,		Four Months Ended April 30,
	2014			2012		2013			2012
									(Unaudited)

Revenues	$	549,125		$	2,332,283	$	140,732		$	1,077,875

Costs and expenses:
Instructional costs and services		494,213			2,026,928		126,659			929,362
General and administrative		(29,751	)		169,045		126,000			-
Total costs and expenses		464,462			2,195,973		252,659			929,362

Income (loss) from discontinued operations, net of income taxes	$	84,663		$	136,310	$	(111,927	)	$	148,513

The major classes of assets and liabilities of discontinued operations on the balance sheet are as follows:


	April 30,		April 30,
	2014		2013
Assets
Cash and cash equivalents	$	-	$	-
Accounts receivable, net of allowance of $481,531 and $295,045, respectively		5,250		113,822
Other current assets		-		-
Net assets from discontinued operations	$	5,250	$	113,822

Liabilities
Accounts payable	$	-	$	1,178
Accrued expenses		-		70,201
Deferred revenue		-		53,125
Net liabilities from discontinued operations	$	-	$	124,504

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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