Annual report pursuant to Section 13 and 15(d)

5. Acquisition (Details)

v3.3.1.900
5. Acquisition (Details)
Dec. 31, 2015
USD ($)
Fidelity [Member]  
Cash $ 503,059
Accounts receivable, net 273,809
Prepaids 44,735
Property and equipment 1,111,699
Covenant not to compete 618,000
Customer contracts/relationships 19,243,000
Goodwill 16,502,971
Accrued liabilities (692,606)
Deferred tax liability (7,710,536)
Aggregate purchase price 29,894,133
Root Axcess [Member]  
Property and equipment 59,810
Covenant not to compete 232,943
Customer contracts/relationships 747,381
Goodwill 159,866
Aggregate purchase price 1,200,000
PingTone [Member]  
Cash 826,035
Accounts receivable, net 273,948
Other current assets 141,256
Property and equipment 481,111
Other assets 60,941
Deferred tax asset 1,688,011
Intangible assets subject to amortization 4,211,300
Goodwill 5,175,372
Current liabilities (496,417)
Deferred tax liability (1,688,011)
Other liabilities (28,724)
Aggregate purchase price $ 10,644,822