5. INTANGIBLE ASSETS AND ACQUISITION (Tables)

6 Months Ended

Jun. 30, 2015

Intangible Assets And Acquisition Tables

Aggregate purchase price and assets acquired and liabilities assumed

Cash	$	11,000,000
Estimated value of common stock issued to sellers		1,978,750
Estimated value of preferred stock issued to sellers		7,121,000
	$	20,099,750

Estimated fiar value of MWS

Accounts receivable	$	632,322
Prepaid expenses		123,544
Deposits		8,303
Containers		2,710,671
Furniture and equipment		299,450
Trucks		4,243,964
Customer lists		14,007,452
Non-compete agreement		150,000
Accounts payable and accrued expenses		(54,387	)
Notes payable		(143,464	)
Deferred revenue		(1,878,105	)
	$	20,099,750

Intangible Assets

	June 30, 2015
	Remaining			Accumulated		Net Carrying
	Useful Life	Cost		Amortization		Value
Customer list	4.25 years	$	14,007,452	$	3,268,405	$	10,739,047
Loan fees	4.25 years		50,613		19,683		30,930
Non compete agreement	4.25 years		150,000		35,000		115,000
Website	2.65 years		13,920		1,625		12,295
		$	14,221,985	$	3,324,713	$	10,897,272