Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Tables)

v3.2.0.727
ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2015
CyberFone [Member]  
Net purchase price paid, assets and liabilities
Intangible assets   $ 1,135,512  
Goodwill     2,144,488  
Net purchase price   $ 3,280,000  
Selene Communication Technologies [Member]  
Net purchase price paid, assets and liabilities
Intangible assets   $ 990,000  
Net working capital     37,000  
Goodwill     3,000  
Net purchase price   $ 1,030,000  
Clouding Corp [Member]  
Net purchase price paid, assets and liabilities

 

Intangible assets   $ 14,500,000  
Goodwill     1,296,000  
Net purchase price   $ 15,796,000  

 

Total consideration paid of the following:

 

Cash   $ 1,400,000  
Promissory Note     1,000,000  
Common Stock     281,000  
Earn Out Liability     13,115,000  
Net purchase price   $ 15,796,000  
TLI Communications LLC [Member]  
Net purchase price paid, assets and liabilities
Intangible assets   $ 940,000  
Goodwill     228,000  
Net purchase price   $ 1,168,000  
Medtech Entities [Member]  
Net purchase price paid, assets and liabilities
Intangible assets   $ 12,800,000  
Goodwill     2,700,000  
Net purchase price   $ 15,500,000