Quarterly report pursuant to sections 13 or 15(d)

Note 4: Discontinued Operations

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Note 4: Discontinued Operations
3 Months Ended
Dec. 31, 2012
Note 4 Discontinued Operations  
Note 4: Discontinued Operations

As part of our strategy to evaluate each of our business segments as separate entities, management noted that the direct sales business segment had incurred operating losses and declining revenues and did not fit with our change in strategic direction. Accordingly, in March 2011, we made the strategic decision to discontinue our direct sales business and product offerings. Prior financial statements have been restated to present the direct sales business segment as a discontinued operation.

 

The Direct Sales business accounted for $0 in net revenues for the three months ended December 31, 2012 and 2011. Net revenues from this business segment are now included as part of income from discontinued operations in the accompanying unaudited interim condensed consolidated statements of operations.