Quarterly report pursuant to Section 13 or 15(d)

NOTE 8 – STOCKHOLDERS’ DEFICIT (Tables)

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NOTE 8 – STOCKHOLDERS’ DEFICIT (Tables)
 6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Fair Value of Merger

Assets acquired:        
Cash   $ 1,347  
Trade name and technology     165,000  
Customer relationships     250,000  
Goodwill     1,163,816  
Total assets     1,580,163  
         
Liabilities assumed:        
Accounts payable     216,461  
Loans payable     748,426  
Accrued expenses     35,275  
Accrued salary     184,263  
Deferred revenue     1,809  
Total liabilities     1,186,234  
Purchase price   $ 393,929  
Pro Forma Results of Operation

  Three Months Ended March 31, 2015   Year Ended December 31, 2014
Net Revenues   $ 1,107,166     $ 4,603,768  
Net Loss   $ (1,338,399 )   $ (3,049,378 )
Net Loss per Share   $ (.02 )   $ (.05 )