Supplemental Unaudited Pro Forma Information

3 Months Ended

Mar. 31, 2012

Supplemental Pro Forma Information [Abstract]

Supplemental Pro Forma Information [Text Block]

12.   Supplemental Unaudited Pro Forma Information

There have been no changes in the preliminary estimates of the fair value of the acquired assets and liabilities during the three months ended March 31, 2012. The Company has engaged outside experts to assist in determining the estimated fair value of intangible assets acquired in this business combination. The Company expects to complete the final determination of the estimated fair value of the acquisition prior to the end of 2012.

Supplemental Unaudited Pro Forma Information for the three months ended March 31, 2011

The following pro forma information for the three months ended March 31, 2011 presents the results of operations as if the Avalon Global Solutions acquisition had occurred at the beginning of 2011.

	2011
Revenues, net	$	12,381,902
Net income (loss)	$	(187,479	)
Basic earnings per share	$	(0.003	)
Dilutd earnings per share	$	(0.003	)

The pro forma results are presented above are for illustrative purposes only and are not necessarily indicative of or intended to represent the results that would have been achieved had the transaction been completed on January 1, 2011. The pro forma results do not reflect any operating efficiencies and associated cost savings that the Company may have achieved with respect to the combined companies.