Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS (Tables)

v3.3.1.900
ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Assets and liabilities assumed
Assets acquired  
 Cash   $    245,174
 Inventory 1,878
 Other assets 165
Developed technology 3,000,000
Trademark 700,000
 Goodwill 6,455,645
   
Total assets acquired 10,402,862
   
Liabilities assumed  
 Accounts payable 301,940
 Accrued liabilities 6,018
 Notes Payable 259,938
   
Total 567,896
   
Net assets acquired $    9,834,966
Pro forma effect
    For the year ended December 31, 2015     For the year ended December 31, 2014
Pro Forma Revenues   $                        33,045     $                         19,250
Pro Forma Net Loss   $                 (6,896,189)     $                 (3,818,501)
           
Loss per Share   $                          (0.63)     $                          (0.39)