Purchase price allocation of CAST assets and liabilities (Details) |
Dec. 31, 2015
USD ($)
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|---|---|
| CAST assets and liabilities: | |
| Current assets | $ 106,305 |
| Property and equipment | 4,378 |
| Current liabilities | (107,837) |
| Net equity | 2,846 |
| Goodwill | 466,765 |
| Purchase valuation based on projected future earnings using 17.87% discount rate | $ 469,611 |
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- References No definition available.
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. No definition available.
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- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. No definition available.
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. No definition available.
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. No definition available.
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- Definition Property and equipment No definition available.
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- Definition Purchase valuation based on projected future earnings using 17.87% discount rate No definition available.
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