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Annual report pursuant to section 13 and 15(d)

1. Nature of Operations and Going Concern (Tables)

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1. Nature of Operations and Going Concern (Tables)
12 Months Ended
Dec. 31, 2012
Nature Of Operations And Going Concern Tables  
Acquisition costs

Accordingly, the assets acquired in the merger have been recorded at the transferors’ historical cost basis determined under GAAP.  The net purchase price, including acquisition costs paid, was allocated to assets acquired and liabilities assumed as follows:

 

Current assets (including cash of $3,200)   $ 3,200  
Intangible assets