Our Consolidated Balance Sheet, Consolidated Statement of Operations and cash flows for the three and six months ended June 30, 2015 has been restated, resulting in an increase in goodwill on the balance sheet from $0 to $1,128,442 and increase in total assets from $1,171,319 to $2,299,761. Total liabilities increased by $129,885 and total stockholders’ deficit increased by $998,557. The restatement of our Consolidated Statement of Operations resulted in the elimination of the previous goodwill impairment charge of $2,260,179 as well as a reduction in the impairment loss on equity method investment from a gain of $68,028 to a loss of $780,209 for the six months ended June 30, 2015 and from a gain of $567,028 to a loss of $281,209 for the three months ended June 20, 2015. Net loss increased from a loss of $5,255,332 to a loss of $4,221,774 for the six months ended June 30, 2015 and increased from a loss of $3,430,804 to a loss of $2,297,246.
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