ACQUISITION OF IDGS LATAM SAS

9 Months Ended

Sep. 30, 2015

LATAM SAS [Member]

ACQUISITION OF IDGS LATAM SAS

NOTE 8 – ACQUISITION OF IDGS LATAM SAS

On August 13, 2015 (the "Closing Date"), the Company and the shareholder (the "IDGS LATAM SAS Shareholder") of IDGS LATAM SAS, a Colombian corporation ("LATAM"), closed (the "Closing") on the Purchase Agreement entered into between the parties on August 13, 2015. As a result of the Closing, the Company acquired 100% of the issued and outstanding shares of LATAM (the "LATAM Shares") from the LATAM Shareholder on a fully diluted basis. In consideration for the LATAM Shares, the Company paid to the LATAM Shareholder $11,109.06 USD (32.683.963 COL Peso).

The purchase price was allocated to specific identifiable tangible assets at their fair value at the date of the purchase in accordance with Accounting Standards Codification 805, “Business Combinations”, as follows:

Allocation

Assets (Cash)	$	4,674
Fixed Assets		2,437
Accounts payable & accrued expenses		(4,918	)
Total Value of Goodwill		8,916
Purchase price	$	11,109

The pro forma information below present statement of operations data from the acquisition of IDGS LATAM :

Pro Forma 1/1/15 to 9/30/15 of IDGS and IDGS LATAM:	For the Nine months ended September 30, 2015
	(unaudited)
Revenues, net
Operating expenses		32,577,049
Operation Loss	$	(32,577,049	)
Other expenses		20
Net Loss	$	(32,577,069	)