Blüm Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

REVERSE MERGER (Tables)

REVERSE MERGER (Tables)

6 Months Ended

Jun. 30, 2012

Fair Values of Assets Acquired and the Liabilities

The following table summarizes the Companys determination of fair values of the assets acquired and the liabilities as of the date of acquisition.

Consideration - issuance of securities	$	4,800,000
Cash	$	35
Goodwill		4,799,965

Total purchase price	$	4,800,000

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

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+ Details