Acquisitions (Details 1) (USD $)
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Mar. 31, 2014
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Dec. 31, 2013
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Summary of preliminary fair value of assets acquired and liabilities assumed | ||
Cash | $ 112 | $ 2,189 |
Accounts receivable | 2,350 | 11,459 |
Inventory | 68,668 | 78,043 |
Fixed assets, net of accumulated depreciation of $1,072,975 and $934,543, respectively | 1,155,723 | 1,404,722 |
Goodwill | 3,299,379 | 3,299,379 |
Total assets | 4,526,232 | 4,795,792 |
Accounts payable and accrued expenses | (4,475,797) | (4,578,112) |
Notes payable | (111,140) | (136,140) |
Deferred revenue | (14,272) | (15,631) |
Total liabilities assumed | (4,601,209) | (4,729,883) |
Net assets/(liabilities) | $ (74,977) | $ 65,909 |
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- Definition
Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables and expenses, assumed at the acquisition date. No definition available.
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- Definition
Business combination recognized identifiable assets acquired and liabilities assumed fixed assets net. No definition available.
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- Definition
Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred revenue expected to be recognized as such within one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of inventory recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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