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

Quarterly report pursuant to Section 13 or 15(d)

REVERSE MERGER (Details)

REVERSE MERGER (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Notes to Financial Statements
Consideration - issuance of securities	$ 4,800,000
Cash	6,053	9,139
Goodwill	4,799,965
Total purchase price	$ 4,800,000

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

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- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

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+ Details