Annual report pursuant to Section 13 and 15(d)

ACQUISITION OF MAJORITY OWNED HOOTERS RESTAURANTS (Details)

v2.4.0.6
ACQUISITION OF MAJORITY OWNED HOOTERS RESTAURANTS (Details) (USD $)
Dec. 31, 2012
Current assets, excluding cash and cash equivalents $ 138,801
Property and equipment and intangible assets 1,985,799
Total assets excluding cash and cash equivalents 2,124,600
Liabilities assumed 953,917
Non-controlling interest 645,436
Prior investment of the Company 320,247
Purchase price (net assets acquired) 205,000
Cash paid $ 205,000