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NOTE 9 - ACQUISITION (Tables)
3 Months Ended
Mar. 31, 2013
Business Combinations [Abstract]  
Estimated fair values of the assets and liabilities assumed at acquisition date
Management fee receivable  $9,234,462 
Medical receivables   4,512,740 
Prepaid expenses and other current assets   10,262 
Property and equipment   14,912,650 
Intangible assets   9,400,000 
Goodwill   1,667,108 
Other assets   542,949 
Other current liabilities   (6,323)
Long term debt   (273,848)
Net assets acquired   

 

40,000,000

 
Fair value of goodwill and estimated useful life
Non compete  $4,100,000    7 years 
Customer relationships   4,000,000    20 years 
Developed software   1,300,000    5 years 

 

Total intangible assets

  $9,400,000      
Schedule of HDM operating results for nine months ended March 31, 2013

 

   For The Three Months Ended March 31, 2013  For The Nine Months Ended March 31, 2013
Total Revenues – Net  $15,115   $51,049 
Net Income – Controlling Interests   1,446    5,356 
Net Income Available to Common Stockholders   1,351    5,003 
Net Income Available to Class A Non-Voting   Preferred Stockholders   71    263 
Net Income Available to Class C Common Stockholders   24    90 
Basis Net Income Per Common Share Available to Common Stockholders  $0.23    0.84 
Diluted Net Income Per Common Share Available to Common Stockholders   0.22    0.83 
Basic and Diluted Income Per Share – Common C   0.06    0.23 
Weighted Average Basic Shares Outstanding   5,937,096    5,921,540 
Weighted Average Diluted Shares Outstanding   6,064,600    6,049,044 
Weighted Average Basic and Diluted Shares   Outstanding – Class C Common   382,513    382,513