XML 60 R27.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisition (Tables)
3 Months Ended
Mar. 31, 2015
Acquisition Tables  
Schedule of Goodwill
Net Assets Purchased        
Goodwill     25,000  
         
Purchase Price   $ 25,000  
Fonon asset purchase
Fonon Technologies, Inc. asset purchase for MBMI stock      
       
Finish goods and work in process   $ 1,220,642  
Fixed assets - demo and trade show equipment     1,439,273  
Fixed assets - office furniture     92,789  
Software - infrastructure, operational and web development     364,042  
Software for machines for resale     1,176,284  
Other intangibles - customer database     676,000  
Other intangibles - trademarks     35,000  
Other intangibles - design and documentation     5,397,000  
Total non-cash asset purchase     10,401,030  
         
Stock issued for purchase of assets from Fonon Technologies, Inc. (at par)   $ 325,242  
Value of warrants issued to Al Pietrangeo     374,957  
Additional paid in capital     9,700,831  
Total non-cash consideration   $ 10,401,030