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Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Schedule Of Assets And Liabilities Assumed At Acquisition
The following table summarizes the assets acquired and liabilities assumed at the acquisition date:
 
Trade and other receivables
 
$
125,854
 
Inventories
 
 
237,000
 
Property and equipment
 
 
4,400,000
 
Goodwill
 
 
1,492,132
 
Other intangibles
 
 
610,000
 
Total assets acquired
 
 
6,864,986
 
Bank overdraft
 
 
(413,574)
 
Accounts payable
 
 
(477,665)
 
3% promissory note
 
 
(385,474)
 
Net assets acquired
 
$
5,588,273
 
Business Acquisition, Pro Forma Information
Unaudited pro forma revenue and loss from operations of the consolidated entity had the acquisition date been January 1, 2012, would be as follows:
 
 
 
Year Ended
 
Year Ended
 
 
 
December 31, 2013
 
December 31, 2012
 
Revenue
 
$
11,033,700
 
$
11,902,800
 
Loss from operations
 
$
(9,573,300)
 
$
(11,588,600)
 
Net loss attributable to common shareholders
 
$
(28,046,500)
 
$
(15,309,400)
 
Basic and diluted net loss per share
 
$
(0.94)
 
$
(0.58)