|9 Months Ended|
Sep. 30, 2016
|Subsequent Event [Abstract]|
Note 11 - Subsequent Event
On October 11, 2016, our majority shareholder, Tigrent Inc. announced its plans to distribute substantially all of its holdings in Legacy to Tigrent shareholders. Approximately 16 million shares of our common stock will be distributed thereby increasing our public float significantly.
We have evaluated significant events and transactions that occurred after the balance sheet date and determined that there were no other events or transactions that would require recognition or disclosure in our condensed consolidated financial statements for the period ended September 30, 2016.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
No definition available.