 |
| Attached files |
| File | Filename |
| EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - MIT Holding, Inc. | ex32-1.htm |
| EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) - MIT Holding, Inc. | ex31-1.htm |
| EX-32.2 - CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - MIT Holding, Inc. | ex32-2.htm |
| EX-31.2 - CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) - MIT Holding, Inc. | ex31-2.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R19.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R18.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R39.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R52.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R17.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R13.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R36.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R50.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R53.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R58.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R29.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R38.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R21.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R35.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R56.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R48.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R57.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R51.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R46.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R40.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R43.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R41.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R14.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R26.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R44.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R37.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R24.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R10.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R49.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R20.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R16.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R30.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R33.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R55.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R12.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R28.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R31.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R32.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R27.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R47.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R54.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R25.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R45.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R11.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R59.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R23.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R42.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R60.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R15.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R34.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R3.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R2.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R1.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R8.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R9.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R7.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R5.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R6.htm |
| XML - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | R4.htm |
| 10-Q - MIT Holding, Inc. | form10q.htm |
| EXCEL - IDEA: XBRL DOCUMENT - MIT Holding, Inc. | Financial_Report.xls |
v2.4.0.6
|
Loss on Discontinued Operations
|
9 Months Ended |
|
Sep. 30, 2012
|
| Discontinued Operations and Disposal Groups [Abstract] |
|
| Loss on Discontinued Operations |
NOTE Q LOSS ON DISCONTINUED
OPERATIONS
As noted in the 8k issued on
September 20, 2011, MITRX Corporation, a wholly owned subsidiary of MIT Holding Inc. (MIT or the Company)
executed two Stock Purchase agreements selling One hundred Percent (100%) of each of the companies; National Direct Home Pharmacy,
Inc to TDT Investments Inc. and Palmetto Long Term Care Pharmacy, Inc. to Pharmco, Inc. There are no material relationships
between the purchasers, its owners, affiliates, officers or directors and MITs officers, directors or affiliates, other
than Tommy Duncan who is a long term director of MIT, who abstained from any voting pertaining to these transactions.
The operations of the company for the
period January 20, 2011 to August 19,2011 is summarized below
| |
|
Results of Operations |
|
| |
|
|
|
| Sales and Services rendered |
|
$ |
12,901,669 |
|
| |
|
|
|
|
| Cost of Medical Supplies |
|
|
10,515,438 |
|
| |
|
|
|
|
| Gross profit |
|
|
2,386,231 |
|
| Operating Expenses |
|
|
|
|
| Salaries and payroll costs |
|
|
1,881,909 |
|
| Selling, general and administrative |
|
|
1,424,525 |
|
| Depreciation Expense |
|
|
28,583 |
|
| Total Operating Expenses |
|
$ |
3,335,017 |
|
| |
|
|
|
|
| Income (loss) from operations |
|
$ |
(948,786 |
) |
|
| X |
- Details
| Name: |
us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
xbrli:stringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- Definition
The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230
Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228
Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759
Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760
Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1020-107759
+ Details
| Name: |
us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
nonnum:textBlockItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
This web site and associated pages are not associated with, endorsed by, or sponsored by MIT Holding, Inc. and has no official or unofficial affiliation with MIT Holding, Inc.
Based on public records. Inadvertent errors are possible. Faqs.org does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
This website is not associated with the SEC
Some parts © 2013 Advameg, Inc.
|
|