Quarterly report pursuant to sections 13 or 15(d)

ACQUISITION (Tables)

v2.4.0.8
ACQUISITION (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2013     For the nine months ended September 30, 2012  
Pro forma revenues   $ 8,135,479     $ 7,609,950  
Pro forma income (loss) from operations     255,766       (963,396 )
Pro forma net income (loss)     480,819       (2,257,312 )
Pro forma income (loss) per share   $ 0.11     $ (0.83 )
Pro forma diluted income (loss) per share   $ 0.11     $ (0.83 )