Discontinued Segments |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Discontinued Operations and Disposal Groups [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Discontinued Segments |
NOTE 9 — DISCONTINUED SEGMENTS
In June 2017, subsequent to the Merger, the Company decided to discontinue its memory product business. The Company intends to sell the Dataram Memory business within 12 months. The Company will focus its activities on its gold and precious metal exploration business.
The remaining assets and liabilities of held for sale operations are presented in the unaudited condensed balance sheets under the caption “Assets and Liabilities of held for sale operation” and relates to the held for sale operations of the memory product business. The carrying amounts of the major classes of these assets and liabilities as of July 31, 2017 are summarized as follows:
The following table sets forth for the three months ended July 31, 2017, indicated selected financial data of the Company’s held for sale operations of its memory product business from the date of merger to July 31, 2017.
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