Acquisitions (Tables)

9 Months Ended

Oct. 31, 2012

Pulmonary Critical Care Management, Inc.

Summary of Fair Value of Assets Acquired and Liabilities Assumed, Pulmonary Critical Care Management, Incorporate

The following table summarizes the fair value of LALC’s assets acquired and liabilities at the date of acquisition of PCCM and consolidation of LALC:

Purchase Price	$	70,000
Fair value of net assets acquired
Cash	$	164,210
Prepaid expenses		9,472
Property and equipment		26,041
Management services agreement		38,000
Accounts payable and accrued liabilities		(1,447	)
Due from officer		(34,000	)
Non-controlling interest		(164,276	)
Net assets acquired	$	38,000
Goodwill	$	32,000

Verdugo Medical Management, Inc.

Summary of Fair Value of Assets Acquired and Liabilities Assumed, Pulmonary Critical Care Management, Incorporate

The following table summarizes the fair value of Verdugo’s assets acquired and liabilities at the date of acquisition of VMM and consolidation of Verdugo:

Purchase Price	$	1,200
Fair value of net assets acquired and consolidation of Verdugo:
Cash		15,314
Accounts receivable		113,881
Prepaid expenses		6,869
Intangible asset- management agreement		1,200
Accounts payable and accrued liabilities		(22,968	)
Non-controlling interest		(113,096	)
Net assets acquired	$	1,200