Attached files

file filename
10-K - 10-K - UV FLU TECHNOLOGIES INCv330955_10k.htm
EX-32 - EXHIBIT 32 - UV FLU TECHNOLOGIES INCv330955_ex32.htm
EX-31.2 - EXHIBIT 31.2 - UV FLU TECHNOLOGIES INCv330955_ex31-2.htm
EX-31.1 - EXHIBIT 31.1 - UV FLU TECHNOLOGIES INCv330955_ex31-1.htm
EXCEL - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCFinancial_Report.xls
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR4.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR2.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR8.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR1.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR5.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR7.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR9.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR3.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR6.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR21.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR37.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR18.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR33.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR38.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR11.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR29.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR19.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR26.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR17.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR30.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR28.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR27.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR34.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR14.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR13.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR31.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR35.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR12.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR36.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR23.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR32.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR25.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR15.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR24.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR20.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR10.htm
XML - IDEA: XBRL DOCUMENT - UV FLU TECHNOLOGIES INCR22.htm
v2.4.0.6
ACQUISITION OF RXAIR INDUSTRIES, LLC AND RELATED GOODWILL IMPAIRMENT
12 Months Ended
Sep. 30, 2012
Business Combinations [Abstract]  
ACQUISITION OF RXAIR INDUSTRIES, LLC AND RELATED GOODWILL IMPAIRMENT
10. Acquisition of RxAir Industries, LLC AND Related Goodwill Impairment

 

In January of 2011, the Company acquired RxAir Industries, LLC (RxAir). Our consolidated financial statements for the year ended September 30, 2011 includes the financial results of RxAir from the date of the acquisition to September 30, 2011. The company paid $10,000 in cash, $115,000 in the form of a note payable, and issued 375,000 shares of common stock, which was valued at $135,000 based on the closing market price on the date of the agreement of $0.36, for a total purchase price of $260,000. The following table accounts for the purchase price, the assets acquired and the subsequent goodwill:

 

Tangible assets acquired, net of liabilities assumed   $ 14,622  
Goodwill     245,378  
Total purchase price paid   $ 260,000  

 

The Company then reviewed the goodwill for impairment. Due to no historical proven track record of cash flows generated by RxAir, the goodwill was fully impaired and $245,378 of impairment expense was recorded during the year ended September 30, 2011.