XML 60 R48.htm IDEA: XBRL DOCUMENT v3.5.0.2
MULTIPAY ACQUISITION (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Goodwill $ 166,689  
Multipay S.A., a Colombian Corporation [Member]    
Fair value of common stock 860,491  
Liabilities assumed 909,721  
Total fair value of consideration transferred 1,770,212  
Cash 987  
Accounts receivable 60,673  
Inventory 62,861  
Other assets 171,133  
Property and equipment 20,000  
Intellectual property 1,273,781  
Non-compete agreement 14,087  
Total identifiable tangible assets acquired 1,603,522  
Goodwill $ 166,689