Quarterly report pursuant to sections 13 or 15(d)

ACQUISITION (Tables)

v2.4.0.8
ACQUISITION (Tables)
6 Months Ended
Jun. 30, 2013
Business Combinations [Abstract]  
Schedule of Business Acquisition Pro Forma Information
Intangible assets   $ 1,135,512  
Goodwill     2,144,488  
Net purchase price   $ 3,280,000  

 

Unaudited pro forma results of operations data as if the Company and the subsidiary had occurred are as follows:

 

    For the six months ended June 30, 2013     For the six months ended June 30, 2012  
Pro forma revenues   $ 7,424,979     $ 6,050,000  
Pro forma loss from operations     (1,303,724 )     (635,220 )
Pro forma net loss     (1,422,158 )     (569,431 )
Pro forma loss per share   $ (0.37 )   $ (0.13 )
Pro forma diluted loss per share   $ (0.37 )   $ (0.13 )