Quarterly report pursuant to Section 13 or 15(d)

2. Summary of Significant Accounting Policies (Tables)

v3.4.0.3
2. Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
List of subsidiaries

    Percentage    
Company   Owned   Parent
         
Telco Billing, Inc.   100%   Live Ventures Incorporated
Velocity Marketing Concepts, Inc.   100%   Live Ventures Incorporated
Velocity Local, Inc.   100%   Live Ventures Incorporated
Modern Everyday, Inc.   100%   Live Ventures Incorporated
Modern Everyday, LLC   100%   Modern Everyday, Inc.
Super Nova, LLC   100%   Modern Everyday, Inc.
Live Goods, LLC   100%   Live Ventures Incorporated
Marquis Affiliated Holdings, LLC*   100%   Live Ventures Incorporated
Marquis Industries, Inc.   100%   Marquis Affiliated Holdings, LLC
A-O Industries, LLC   100%   Marquis Industries, Inc.
Astro Carpet Mills, LLC   100%   Marquis Industries, Inc.
Constellation Industries, LLC   100%   Marquis Industries, Inc.
S F Commercial Properties, LLC   100%   Marquis Industries, Inc.

 

The results of operations for Marquis Industries, Inc. have only been included since the date of acquisition of July 6, 2015. All intercompany transactions and balances have been eliminated in consolidation.

 

* Effective November 30, 2015, the Company acquired the remaining 20% interest.