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ACQUISITION OF AMERICAN ROADSIDE BURGERS, INC. (Details) (USD $)
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9 Months Ended | |
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Sep. 30, 2013
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Sep. 30, 2012
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| Total Consideration paid | $ 5,321,203 | |
| Current assets, excluding cash | 274,211 | |
| Cash | 53,684 | |
| Property and equipment | 2,948,102 | |
| Goodwill | 1,653,016 | 0 |
| Trade name/trademark | 1,784,443 | |
| Deposits and other assets | 98,035 | |
| Total assets acquired | 6,811,491 | |
| Liabilities assumed | (1,490,288) | |
| Net assets acquired | 5,321,203 | |
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American Roadside Burgers Inc Mmeber [Member]
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| Five year warrants to purchase 740,000 shares of common stock | 1,710,077 | |
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Convertible Common Stock [Member]
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| 740,000 shares of common stock | $ 3,611,126 | |
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- Definition
The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. No definition available.
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- Definition
The value of Intangible assets such as patents, trademark, copyrights were acquired during the period No definition available.
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- Definition
The amount of cash and cash equivalents acquired in a business combination. No definition available.
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- Definition
The amount represents the business purchase price allocation of common stock. No definition available.
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- Definition
The amount of acquisition cost of a business combination allocated to an identifiable intangible asset that will be amortized. No definition available.
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- Definition
The amount of cash acquired from business combination during the period. No definition available.
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- Definition
The amount of acquisition cost of a business combination allocated to liabilities assumed. No definition available.
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- Definition
The amount of total asset excluding cash and cash equivalents acquired in a business combination. No definition available.
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- Definition
The amount of warrants value for [noncash or part noncash] consideration for a business or asset acquired. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. No definition available.
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- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of assets that an Entity acquires in a noncash (or part noncash) acquisition that are not presented as a separate disclosure or not otherwise listed in the existing taxonomy. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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