Acquisition of Hocks

3 Months Ended

Jun. 30, 2012

Business Combinations [Abstract]

Acquisition of Hocks

8.     Acquisition of Hocks

On February 14, 2011, Hocks Acquisition Corporation (“Hocks Acquisition”), the Company’s wholly-owned subsidiary, entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Hocks Pharmacy Inc., an Ohio corporation (“Hocks Pharmacy”) and its stockholders.  Under the Asset Purchase Agreement, Hocks Acquisition purchased all of the inventory and fixed assets (the “Purchased Assets”) owned by Hocks Pharmacy and used in the operation of its internet pharmacy business (the “Internet Business).  The Internet Business consists primarily of the internet sale of over-the-counter health and medical products and supplies.

During the three and six months ended June 30, 2011, the Company recognized $70,998 and $1,367,202 of revenue generated by Hocks.com.

The following table presents the unaudited pro-forma combined results of operations of the Company and Hocks.com for the six months ended June 30, 2011 as if Hocks.com had been acquired at the beginning of that period.

	For the six months  ended  June 30, 2011
	(unaudited)
Revenue	$	5,138,227
Net loss	$	(2,178,570
Pro-forma basic and diluted net loss per common share	$	(0.2	)
Weighted average common shares outstanding – basic and diluted		10,583,826