Quarterly report pursuant to Section 13 or 15(d)

3. Business Combination (Tables)

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3. Business Combination (Tables)
 6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Purchase Price Allocation
    Allocated Fair Value  
Cash   $ 283,199  
Accounts Receivable     89,398  
Prepaid Expenses and Other Assets     145,574  
Property and equipment, net     75,385  
Identifiable artistic-related intangible assets (a)     1,740,000  
Total assets acquired     2,333,556  
         
Accounts Payable     (404,757 )
Accrued Expenses     (450,000 )
Short Term Debt - Related Party     (516,966 )
Disputed Trade Payable     (925,000 )
Total liabilities assumed     (2,296,723 )
         
Net assets acquired     36,833  
         
Consideration (b)     10,402,638  
         
Goodwill   $ 10,365,805  
Proforma information
    Three Months Ended (1)     Six Months Ended (2)  
    6/30/2014     6/30/2013     6/30/2014     6/30/2013  
Revenues   $ 217,196     $ 698,856     $ 393,478     $ 1,443,867  
Net Loss   $ (1,140,629 )   $ (1,329,469 )   $ (1,994,792 )   $ (2,824,964 )