Annual report pursuant to Section 13 and 15(d)

Subsequent Events (Tables)

v3.2.0.727
Subsequent Events (Tables)
12 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]  
Schedule of Preliminary Fair Value of Acquired Assets and Liabilities

The preliminary fair value of the acquired assets and liabilities is as follows:

 

   Cash

   $ 43,502     

   Accounts receivable

     145     

   Prepaid expenses

     8,643     

   Property, plant and equipment

     331,500     

   Accounts payable

     (354,079)    

   Accrued expenses

     (36,146)    

   Long-term debt

     (372,813)    
  

 

 

 

       Total identifiable net assets

     (379,248)    

   Goodwill

     4,129,248     
  

 

 

 

       Total

     $     3,750,000