Quarterly report pursuant to Section 13 or 15(d)

3. Business Combination (Tables)

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3. Business Combination (Tables)
9 Months Ended
Sep. 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)     Nine Months Ended (2)  
    9/30/2014     9/30/2013     9/30/2014     9/30/2013  
Revenues   $ 318,801     $ 277,867     $ 712,279     $ 1,721,734    
Net Loss   $ (848,970 )   $ (1,343,870 )   $ (2,843,763 )   $ (3,829,654 )