Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value of Acquired Assets and Assumed Liabilities to Total Purchase Price

The following table reconciles the fair value of the acquired assets and assumed liabilities to the total purchase price:



	Amount
Fair value of consideration transferred	$	1,399,055
Cash	$	28,695
Accounts Receivable	113,030
Inventory	187,509
Other current assets	25,321
Property and equipment	117,336
Goodwill	624,870
Intangible assets	822,620
Other non-current assets	4,154
Total assets	1,923,535
Less:
Accounts payable	(65,009		)
Deferred income taxes	(275,957		)
Junior subordinated debentures	(105,443		)
Junior subordinated debentures premium	(22,437		)
Other liabilities	(55,634		)
Net assets	$	1,399,055

Summary of Pro Forma Financial Statements of Company

The following table indicates the pro-forma financial statements of the Company for the three month period ended March 31, 2015 and the three month period ended March 31, 2014, (including transaction costs of $54,400). The pro-forma financial statements give effect to the Merger Transaction as if it had occurred on January 1, 2014.



	Three Months Ended March 31, 2015			Three Months Ended March 31, 2014
Net Sales	$	180,696		$	154,779
Net Loss	(9,865		)	(67,633		)