PURCHASE - ROCKY MOUNTAIN HYDROPONICS and EVERGREEN GARDEN CENTER (Tables)

3 Months Ended

Mar. 31, 2014

Purchase - Rocky Mountain Hydroponics And Evergreen Garden Center Tables

Purchase Price for tangible and intangible Assets

Assets	$	907,614
Intangible assets		366,000
Goodwill		739,000
Total		2,012,614
Less fair value of liabilities assumed		(387,614	)
Purchase price	$	1,625,000

Operating results of SGT, Phototron, Greners, Urban Garden, and Rocky Mountain Hydroponics/Evergreen Garden Center

	For the Three Months Ended
	March 31, 2014			March 31, 2013
Net revenue	$	2,382,836		$	1,800,015
Cost of Goods Sold		1,862,958			1,239,712
Gross Profit		519,878			560,303
General and administrative		1,189,888			817,796
Shares issued for services rendered		1,645,000			179,125
Stock options expense		151,701			-
Loss from operations		(2,466,711	)		(436,618	)
Other income (expense)
Change in fair value of derivative		(33,888,959	)		(169,753	)
Loss on extinguishment of debt		-			(2,750	)
Other income		-			524
Interest expense, net		(799,631	)		(523,467	)
Net loss	$	((37,155,301	)	$	(1,132,064	)
Net loss per share - (basic and diluted)	$	(0.05	)	$	(0.00	)
Weighted average shares outstanding (2) - (basic and diluted)		775,342,755			451,462,965