The value of the assets acquired was allocated as follows:
| Intangible Assets Acquired from Softpay Solutions, Inc. |
| High Value |
| Low Value |
| Assigned Value | |||
|
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|
|
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|
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| Trade names, logos, trademarks |
| $ | 8,000 |
| $ | 3,000 |
| $ | 3,000 |
| Software and manuals |
|
| 150,000 |
|
| 50,000 |
|
| 50,000 |
| Website |
|
| 15,000 |
|
| 5,000 |
|
| 7,000 |
| Total purchase price |
|
|
|
|
|
|
| $ | 60,000 |