Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Details)

v2.4.0.8
Acquisitions (Details) (USD $)
Mar. 31, 2014
Smart Receipt Acquisition [Member]
 
Accounts receivable, net $ 161,664
Other assets 6,620
Customer relationships 2,010,000
Developed technology 260,000
Trade name 176,000
Goodwill 2,890,801
Total assets acquired 5,505,085
Liabilities assumed (191,561)
Net assets acquired 5,313,524
Cash 2,368,019
Earn Out 2,273,000
Common stock 672,505
Total purchase price 5,313,524
Sequence [Member]
 
Merchant relationships 181,000
Developed technology 76,000
Trade name 71,000
Goodwill 379,750
Total assets acquired 707,750
Cash 300,000
Earn Out 224,000
Common stock 183,750
Total purchase price 707,750
Front Door [Member]
 
Cash 5,500
Accounts receivable, net 27,467
Contracts 813,000
Customer relationships 22,000
Merchant relationships 96,000
Non-compete agreement 124,000
Goodwill 1,535,658
Total assets acquired 2,623,625
Liabilities assumed (46,219)
Net assets acquired 2,577,406
Cash 100,000
Common stock 1,112,310
Promissory note, net 1,365,096
Total purchase price $ 2,577,406