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CORRECTION OF ERRORS AND RESTATEMENTS
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3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CORRECTION OF ERRORS AND RESTATEMENTS |
We have restated our ending balances for March 31, 2012, as well as the balance sheet and statement of cash flows for March 31, 2012 to correct an error in our accounting. The error relates to an adjustment for foreign currency translation of the notes payable balance to Prime Table Games UK, which is recorded in the functional currency pound sterling. The adjustment records an unrealized translation adjustment to the accumulated other comprehensive income (loss) account. There was no effect on the statement of operations.
The following are the previous and corrected balances for the period ended March 31, 2012:
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