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REVERSE MERGER (Tables)
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
Fair Values of Assets Acquired and the Liabilities

The following table summarizes the Company’s determination of fair values of the assets acquired and the liabilities as of the date of acquisition.

 

Consideration - issuance of securities   $ 4,800,000  
Cash   $ 35  
Goodwill     4,799,965  
         
Total purchase price   $ 4,800,000