Quarterly report pursuant to sections 13 or 15(d)

4. Discontinued Operations

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4. Discontinued Operations
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
4. Discontinued Operations

In order to streamline operations, reduce expenses and focus on the development of the Company’s Corporate Services and Carrier Services segments, the Company eliminated its consumer services business and restructured its overall operations in 2009, and the Company classifies the operating results of its consumer services segment as a discontinued operation in the accompanying condensed consolidated interim financial statements.  The Company had no remaining assets related to the discontinued consumer segment at June 30, 2012 and December 31, 2011, and had liabilities from discontinued operations of approximately $96,000 and $98,000 at June 30, 2012 and December 31, 2011, respectively, which consist primarily of accounts payable and accrued expenses.   The Company had no revenues or expenses from discontinued operations in the three and six months ended June 30, 2012 and had income from discontinued operations of approximately nil, and $8,000, respectively, in the three and six months ended June 30, 2011, consisting primarily of bad debt recoveries.