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Summarizes the fair values of the assets acquired (Tables) | 12 Months Ended
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Dec. 31, 2013
Summarizes the fair values of the assets acquired |
Summarizes the fair values of the assets acquired | The following summarizes the fair values of the assets acquired:
Intangible asset – Intellectual Property |  | $ | 659,440 |
Goodwill |  |  | 2,637,760 |
Total assets acquired |  |  | 3,297,200 |
Aggregate purchase price |  | $ | 3,297,200 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
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