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Note 3 - Newco4pharmacy Transaction
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Note 3 - Newco4pharmacy Transaction

Note 3 – Newco4pharmacy Transaction

 

On December 9, 2015, Trunity Holdings, Inc. acquired 100% of the membership interests of Newco4pharmacy, LLC. The consideration paid was the issuance of a newly created Series X Preferred stock which was exchanged on December 31, 2015 for 10,000,000 shares of the Company’s common stock. The $106,900 fair value of the preferred stock issued and common stock exchanged approximated the fair value of the assets acquired from Newco4pharmacy, LLC which consisted of cash. Acquisition costs were nominal pertaining to the transaction.