4. Asset Purchase Acquisitions (Tables)

6 Months Ended

Jun. 30, 2013

Capital Lease Initiation Date

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 six months ended June 30,
	2013			2012
Revenue:	$	487,129		$	720,390
Expenses:
Operating expenses		2,194,288			1,130,649
Net operating income (loss)		(1,707,159	)		(410,259	)
Other income (expense)		(358,990	)		(87,396	)
Net income (loss)	$	(2,066,149	)	$	(497,655	)
Weighted average number of common shares
Outstanding – basic and fully diluted		1,283,603,738			31,586,526
Net income (loss) per share – basic and fully diluted	$	(0.00	)	$	(0.02	)