REALBIZ MEDIA GROUP, INC - FORM 10-Q/A - XML - IDEA: XBRL DOCUMENT - June 28, 2012



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v2.4.0.6
BASIS OF PRESENTATION
6 Months Ended
Apr. 30, 2012
Accounting Policies [Abstract]  
Business Description and Basis of Presentation [Text Block]
1 BASIS OF PRESENTATION

 

The accompanying unaudited consolidated financial information has been prepared by Webdigs, Inc. (the “Company”) in accordance with accounting principles generally accepted in the United States of America for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (SEC).  Accordingly, it does not include all of the information and notes required by accounting principles generally accepted in the United States of America for complete financial statements.  In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair statement of this financial information have been included.  Financial results for the interim period presented are not necessarily indicative of the results that may be expected for the fiscal year as a whole or any other interim period.  This financial information should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10K for the year ended October 31, 2011. See also Note 9, Subsequent Events.

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