XML 27 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
6. Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured on a Non-recurring Basis

 

    Fair Value Measurements at March 31, 2015  
    Level 1     Level 2     Level 3  
Assets                        
Intangible assets   $ –     $ –     $ 309,055  
Goodwill     –       –       374,818  
Total assets     –       –       683,873  
Liabilities                        
Lines of credit     –       66,137       –  
Capital leases     –       4,748       –  
Promissory notes     –       2,157,469       –  
Notes payable, related parties     –       1,271,198       –  
Convertible debts, net of discount of $222,228     –       147,885       –  
Derivative Liabilities     –       24,482       –  
Total Liabilities     –       3,671,919       –  
    $ –     $ (3,671,919 )   $ 683,873  

 

 

    Fair Value Measurements at December 31, 2014  
    Level 1     Level 2     Level 3  
Assets                        
Intangible assets   $ –     $ –     $ 337,938  
Goodwill     –       –       374,818  
Total assets     –       –       712,756  
Liabilities                        
Lines of credit     –       80,239       –  
Capital leases     –       5,889       –  
Long term debts     –       2,504,371       –  
Notes payable, related parties     –       1,221,323       –  
Convertible debts, net of discount of $131,774     –       88,739       –  
Total Liabilities     –       3,900,561       –  
    $ –     $ (3,900,561 )   $ 712,756