BUSINESS ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2013

Business Acquisitions Tables

GT Beverage purchase price allocation

	Amount
Property and equipment	$	26,396
Patent for spherical bottle (useful life of 11.3 years)		1,600,000
Goodwill		2,414,642
Total assets acquired		4,041,038
Accounts payable, accrued expenses and other current liabilities		(1,114,138	)
Total liabilities assumed		(1,114,138	)
Total allocation of purchase price consideration	$	2,926,900

Bazi purchase price allocation

	Amount
Cash	$	5,646
Inventory		47,000
Customer List (useful life of 2 years)		100,000
Goodwill		1,059,860
Total assets acquired		1,212,506
Accounts payable, accrued expenses and other current liabilities		(484,701	)
Total liabilities assumed		(484,701	)
Total allocation of purchase price consideration	$	727,805

Pro forma results of operations - Bazi acquisition

Pro Forma (Unaudited)
Year Ended December 31, 2012
Revenues	$	1,488,515
Net loss	$	(5,001,653	)
Basic net loss per share	$	(0.22	)