Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v2.4.1.9
Discontinued Operations (Tables)
 3 Months Ended
Feb. 28, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The following table summarizes those components of the statement of operations for discontinued brands for the three months ended February 28, 2015 and 2014 :
 
Three Months Ended February 28,
 
 
2014
 
 
Mega
GP
Total
Net Sales
$
1,195,508

$
252,044

$
1,447,552

 
 
 
 
Income before Provision for
 
 
 
  Income Taxes
166,208

(471,447
)
(305,239
)
 
 
 
 
Provision for Income Tax
61,166

(173,496
)
(112,330
)
 
 
 
 
Net Income (Loss)
$
105,042

$
(297,951
)
$
(192,909
)
 
 
 
 
Earnings (loss) per Share:
 
 
 
      Basic
$
0.01

$
(0.04
)
$
(0.03
)
      Diluted
$
0.01

$
(0.04
)
$
(0.03
)
 
 
 
 
Weighted average shares outstanding
 
 
 
Basic
7,006,684

7,006,684

7,006,684

Diluted
7,006,684

7,006,684

7,006,684