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DEPOSIT ON PENDING ACQUISITION
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Note 9 - DEPOSIT ON PENDING ACQUISITION

On August 19, 2014, Amplerissimo entered into a Share Purchase Agreement (the “Purchase Agreement”) with B2IN S.A., a corporation organized under the laws of Greece (“B2IN”), Unilog Logistics S.A., a corporation organized under the laws of Greece and a wholly owned subsidiary of B2IN (“Unilog”), and Wilot Limited, a corporation organized under the laws of Cyprus (“Seller”). Unilog operates a pharmaceutical logistics business in Greece. Subject to the terms, conditions, and provisions of the Purchase Agreement, at the closing (the “Closing”) of the transactions contemplated by the Purchase Agreement, Amplerissimo will acquire from Seller all of the outstanding capital stock of B2IN for a purchase price of seven million euros (€ 7,000,000) or approximately $8,879,500. €5,540,000 ($6,733,870) of this purchase price was paid to the Seller by Amplerissimo as of December 31, 2014, and is classified as a deposit on pending acquisition on the December 31, 2014 balance sheet. Upon the occurrence of the Closing, Unilog will be an indirect, wholly owned subsidiary of Amplerissimo. The Closing is subject to conditions outside the control of Amplerissimo. If the Closing does not occur by June 30, 2015 for any reason, Amplerissimo is entitled to have the deposit returned to it by Seller.