FORMATION OF SUBSIDIARIES
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12 Months Ended |
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Dec. 31, 2013
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FORMATION OF SUBSIDIARIES | |
FORMATION OF SUBSIDIARIES |
NOTE 13- FORMATION OF SUBSIDIARIES
WellMetris, LLC
During the year ended December 31, 2013, the Company formed WellMetris, LLC, a Delaware Limited Liability Company for the purpose of developing, manufacturing and marketing a non-invasive urinary wellness test. WellMetris is 100% owned by Health Enhancement Products, Inc. As discussed in Note 12 Stockholders Deficiency, Purchase of Assets, the Company bought the Assets of Wellness from Essex. Concurrently, the Company transferred the Intellectual Property (pending patents) to WellMetris.
Zivo Biologic, Inc.
During the year ended December 31, 2013, the Company formed Zivo Biologic, Inc., a Delaware Corporation, for the purpose of manufacturing and commercialization of proprietary ingredients for non-medicinal animal health applications. Zivo Biologic is 100% owned by Health Enhancement Products, Inc.
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- Details
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- Definition
The entire description for costs incurred to effect a business combination that have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. No definition available.
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