Annual report pursuant to Section 13 and 15(d)

Acquisitions (Details 2)

v2.4.0.6
Acquisitions (Details 2) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Goodwill $ 2,259,624 $ 3,002,070
Cash 363 396
Earn-out payable 2,032,881 2,658,238
BoomText [Member]
   
Prepaid assets 3,000  
Customer relationships 592,000  
Trade name 39,000  
Technology / IP 59,000  
Non-compete 10,000  
Goodwill 4,373,477  
Total purchase price 5,076,477  
Cash 120,514  
Secured subordinated promissory note 175,000  
Unsecured subordinated promissory note 182,460  
Common stock 826,069  
Earn-out payable 3,657,585  
Liabilities assumed 114,849  
Total purchase price $ 5,076,477