Asset Acquisition (Tables)

6 Months Ended

Jun. 30, 2013

Asset Acquisition Tables

Schedule of Assets Acquired from Bright Automotive

The following table summarizes the assets and liabilities assumed:

				Estimated
	Purchase			Useful Life
Asset or Liability Assumed	Price			(years)
Patents	$	2,460,219			14
Cash		500,000			N/A
Show Auto (Vehicles)		492,044			5
Computer Equipment		19,682			3
Obligation to pay cash to Bright		(25,000	)		N/A
Obligation to issue shares to Bright		(326,945	)		N/A
Net assets	$	3,120,000

Schedule of Assets acquired from CleanFutures

The following table summarizes the assets acquired:

Intangible Asset Acquired	Purchase Price		Estimated Useful Life (years)
License Agreement	$	962,000		7