Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v2.4.0.8
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of Preliminary Fair Values of Acquired Assets and Liabilities Assumed

The preliminary fair values of the acquired assets and liabilities assumed are 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