Quarterly report pursuant to Section 13 or 15(d)

NOTE 9 - NON-CONTROLLING INTEREST

v2.4.0.8
NOTE 9 - NON-CONTROLLING INTEREST
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
NOTE - 9 NON-CONTROLLING INTEREST

NOTE 9 NON-CONTROLLING INTEREST

 

Effective September 29, 2014, in connection with the acquisition of Sigal Consulting LLC., the Company’s percentage of ownership in MariMed Advisors, Inc., its subsidiary, decreased from 100% to 51%. The acquisition resulted in an allocation of ownership interest valued at $(3,192,835) to the noncontrolling shareholders.