NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 3 - Acquisition (Tables)

Note 3 - Acquisition (Tables)

0 Months Ended

Oct. 04, 2011

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Cash		$	755,667
Accounts Receivable			469,970
Fixed Assets			200,579
Customer List			248,320
Technology			242,702
Liabilities			(330,071	)
Noncontrolling interest			(792,351	)
Net Assets Acquired			794,815

Proceeds			1,008,859
Goodwill		$	214,044