Acquisitions

9 Months Ended

Sep. 30, 2012

Acquisitions [Abstract]

Acquisitions

4. Acquisitions

On June 22, 2011 the Company completed the acquisition of the (i) property rights of entry, (ii) network infrastructure, (iii) subscribers, (iv) certain regional assets, and (v) license to the telecom and cable services provider back office system effective June 1, 2011 from a regional telecom provider. The Company accounted for the transaction as a business combination in accordance with ASC 805.

The condensed consolidated financial statements as of September 30, 2012 include the accounts of the acquired Ygnition properties and results of operations since the date of acquisition. The following summary, prepared on a pro forma basis, presents the results of operations as if the acquisition had occurred on January 1, 2011 (unaudited).

	For the three months ended September 30, 2011	For the nine months ended September 30, 2011
Revenue	$ 105,122	$ 296,307
Direct Costs	82,483	235,142
Gross Margin	22,640	61,166
Operating, General and Administrative Costs	21,036	39,873
Net Income	$ 1,605	$ 21,293

The pro forma results are not necessarily indicative of what the actual consolidated results of operations might have been if the acquisition had been effective at the beginning of 2011 or as a projection of future results.