4. Asset Purchase Acquisitions (Tables)

3 Months Ended

Mar. 31, 2013

Asset Purchase Acquisitions Tables

Schedule of Assets Acquired and Liabilities Assumed

	March 28,
	2012
Consideration:
Cash paid at closing	$	39,200
Small business loan(1)		360,800
Seller financed note payable(2)(3)		124,697
Fair value of total consideration exchanged	$	524,697
Fair value of identifiable assets acquired assumed:
Other current assets	$	7,367
Equipment		2,703
Contracts		258,000
Technology-based intangible assets		124,000
Non-compete agreement		18,000
Total fair value of assets assumed		410,070
Consideration paid in excess of fair value (Goodwill)(4)	$	114,627

Unaudited Supplemental Pro Forma Results of Operations

	Combined Pro Forma:
	For the three months ended
	March 31,
	2013			2012
Revenue:	$	208,010		$	177,314
Expenses:
Operating expenses		405,374			347,686
Net operating income (loss)		(197,364	)		(170,372	)
Other income (expense)		(201,207	)		(41,071	)
Net income (loss)	$	(398,571	)	$	(211,443	)
Weighted average number of common shares outstanding – basic and fully diluted		1,283,603,738			31,112,972
Net income (loss) per share – basic and fully diluted	$	(0.00	)	$	(0.01	)