NTS, Inc. (NTS)

[hpham10]

I believe the company discontinue there UK and Israel subsidiaries.

As of January 1, 2010, the Company has one reporting segment. The Company's operations in the United Kingdom and Israel are reported as discontinued operations (Note 1C and 1D).

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http://ih.advfn.com/p.php?pid=nmona&article=49943956

Selling, General and Administrative Expenses. Selling expenses consist primarily of compensation costs for our sales, administrative and management employees. Selling, general and administrative expenses for the nine months period ended September 30, 2011, decreased 12.2% to $15,730,833 from $17,910,714 for the same period in 2010. The decrease in the expenses resulted mainly from reduction in personnel and savings in the corporate expenses as a result of the divestiture of the UK and Israeli operations in addition to the decrease in payroll and sales commission. General and administrative expenses include stock options compensation which relates to stock options that were granted to our employees and directors and vest during the reported period. Total stock option compensation in the nine months ended September 30, 2011 decreased by $369,318 (or 69.0%) to $166,194 from $535,512 for the same period in 2010.

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