LFTD Partners (LIFD) 10-Q14 May 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2014	9-May-14
Document and Entity Information:	'	'
Entity Registrant Name	'ACQUIRED SALES CORP	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001391135	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	2,269,648
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current Assets	'	'
Cash and cash equivalents	$1,369,891	$427,294
Due from sale of subsidiary	1,000,000	1,000,000
Total Assets	1,369,891	1,427,294
Current Liabilities	'	'
Trade accounts payable	50,887	20,886
Obligation under stock repurchase	'	20,000
Total Liabilities	50,887	40,886
Shareholders' Equity	'	'
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none outstanding	'	'
Common stock, $0.001 par value; 100,000,000 shares authorized; 2,269,648 shares outstanding	2,270	2,270
Additional paid-in capital	8,410,295	8,410,295
Accumulated deficit	-7,093,561	-7,026,157
Total Shareholders' Equity	1,319,004	1,386,408
Total Liabilities and Shareholders' Equity	$1,369,891	$1,427,294

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position	'	'
Common Stock, par or stated value	$0.00	$0.00
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	2,269,648	2,269,648
Common Stock, shares outstanding	2,269,648	2,269,648
Preferred Stock, par or stated value	$0.00	$0.00
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	'	'
Preferred Stock, shares outstanding	'	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Statement	'	'
Selling, General and Administrative Expense	($75,345)	($59,629)
Loss from Extinguishment of Debt	0	-79,463
Interest Expense	'	-4,125
Loss from Contining Operations	-75,345	-143,217
Gain on Disposal of Discontinued Operations	7,941	3,731,389
Income from Discontinued Operations	'	153,801
Net Income (Loss)	($67,404)	$3,741,973
Basic and Diluted Earnings (Loss) per Share	'	'
Continuing Operations	($0.03)	($0.05)
Discontinued Operations	$0	$1.32
Net Income (Loss)	($0.03)	$1.27

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Equity Balance, beginning of period, Value at Dec. 31, 2012	$2,878	$8,187,846	($11,500,063)	($3,309,339)
Equity Balance, beginning of period, Shares at Dec. 31, 2012	2,877,896	'	'	'
Stock issued in debt extinguishment, Value	83	271,757	'	271,840
Stock issued in debt extinguishment, Shares	82,548	'	'	'
Net Income (Loss)	'	'	3,741,973	3,741,973
Equity Balance, end of period, Value at Mar. 31, 2013	2,961	8,459,603	-7,758,090	704,474
Equity Balance, end of period, Shares at Mar. 31, 2013	2,960,444	'	'	'
Equity Balance, beginning of period, Value at Dec. 31, 2013	2,270	8,410,295	-7,026,157	1,386,408
Equity Balance, beginning of period, Shares at Dec. 31, 2013	2,269,648	'	'	'
Net Income (Loss)	'	'	-67,404	-67,404
Equity Balance, end of period, Value at Mar. 31, 2014	$2,270	$8,410,295	($7,093,561)	$1,319,004
Equity Balance, end of period, Shares at Mar. 31, 2014	2,269,648	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Mar. 31, 2014	Mar. 31, 2013
Cash Flows from Operating Activities	'	'
Net Income (loss)	($67,404)	$3,741,973
Adjustments to reconcile income (loss) to net cash used in operating activities:	'	'
(Income) loss from discontinued operations	-7,941	-3,885,190
Loss from extinguishment of debt	0	79,463
Changes in operating assets and liabilities:	'	'
Accounts payable	30,001	-11,875
Net cash used in operating activities of continuing operations	-45,344	-75,629
Net cash provided by (used in) operating activities of discontinued operations	7,941	-1,027,400
Net cash used in operating activities	-37,403	-1,103,029
Cash Flows from Investing Activities	'	'
Proceeds from sale of discontinued operations, net of cash sold	1,000,000	3,975,000
Restricted cash	'	-300,000
Net cash provided by investing activities of continuing operations	1,000,000	3,675,000
Net cash used in investing activities of discontinued operations	'	-4,865
Net cash provided by investing activities	1,000,000	3,670,135
Cash Flow from Financing Activities	'	'
Payments on notes payable	'	-650,070
Payments on notes payable - related parties	'	-1,601,776
Payment of obligation under stock repurchase	-20,000	'
Net cash used in financing activities of continuing operations	-20,000	-2,251,846
Net Increase in Cash	942,597	315,260
Cash and Cash Equivalents at Beginning of Period	427,294	186,914
Cash and Cash Equivalents at End of Period	$1,369,891	$502,174

CONSOLIDATED_STATEMENTS_OF_CAS1

CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) (USD $)	3 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Supplemental Cash Flow Information	'	'
Cash paid for interest	'	$3,683
Cash paid for income taxes	'	12
Stock issued in extinguishment of debt to related party	'	$262,586

Note_1_Basis_of_Presentation_a

Note 1 - Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Notes	'
Note 1 - Basis of Presentation and Significant Accounting Policies	'
	NOTE 1 – BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

	Basis of Presentation – On February 13, 2012, Acquired Sales Corp. (“Acquired Sales” or the “Company”) purchased 100% of the equity interests of Defense & Security Technology Group, Inc. (“DSTG”). On September 30, 2013 Acquired Sales sold 100% of the capital stock of DSTG to Minh Le, the previous owner of DSTG prior to its acquisition. DSTG’s results of operations have been included in the Company's operations from February 14, 2012 through September 30, 2013 and have been reclassified as discontinued operations.

	On January 12, 2013, Acquired Sales entered into an agreement with Drumright Group, LLC (“Drumright”) that was closed on February 11, 2013, wherein Acquired Sales sold 100% of the capital stock of Cogility Software Corporation (“Cogility”) to Drumright. The historical results of Cogility’s results of operations have been reclassified as discontinued operations.

	Condensed Financial Statements – The accompanying financial statements are condensed and do not include all disclosures normally required by generally accepted accounting principles. These statements should be read in conjunction with the annual financial statements included in Form 10-K filed with the U.S. Securities and Exchange Commission on April 1, 2014. In particular, the nature of operations and significant accounting principles were presented in Note 1 to the annual financial statements. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying unaudited condensed consolidated financial statements and consist of only normal recurring adjustments, except as disclosed herein. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2014.

	Principles of Consolidation – The accompanying consolidated financial statements include the accounts and operations of Acquired Sales for all periods presented, the accounts and discontinued operations of Cogility Software Corporation through February 11, 2013 and the accounts and discontinued operations of Defense & Security Technology Group, Inc. from February 14, 2012 through September 30, 2013. Intercompany accounts and transactions have been eliminated on consolidation.


	Basic and Diluted Earnings (Loss) Per Common Share – Basic earnings (loss) per common share is determined by dividing earnings (loss) by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per common share is calculated by dividing earnings (loss) by the weighted-average number of common shares and dilutive common share equivalents outstanding during the period. When dilutive, the incremental potential common shares issuable upon exercise of stock options and warrants are determined by the treasury stock method. The following table summarizes the calculations of basic and diluted earnings (loss) per share for the three months ended March 31, 2014 and 2013.

		For the Three Months
		Ended
		March 31,
		2014	2013
	Loss from Continuing Operations	($75,345)	($143,217)
	Income from Discontinued Operations	7,941	3,885,190
	Net Income (Loss)	($67,404)	$3,741,973
	Weighted -Average Shares Outstanding	2,269,648	2,935,229
	Basic and Diluted Earnings (Loss) per Share
	Continuing Operations	($0.03)	($0.05)
	Discontinued Operations	0	1.32
	Basic and Diluted Earnings (Loss) per Share	($0.03)	$1.27

	There were 2,148,774 employee stock options and 938,000 warrants outstanding during the three months ended March 31, 2014 that were excluded from the computation of diluted earnings (loss) per share because their effects would have been anti-dilutive. There were 2,173,774 employee stock options and 938,000 warrants outstanding during the three months ended March 31, 2013 that were excluded from the computation of diluted earnings (loss) per share because their effects would have been anti-dilutive.

Note_2_Risks_and_Uncertainties

Note 2 - Risks and Uncertainties	3 Months Ended
Note 2 - Risks and Uncertainties	Mar. 31, 2014
Notes	'
Note 2 - Risks and Uncertainties	'
	NOTE 2 - RISKS AND UNCERTAINTIES

	The Company has a history of recurring losses, which has resulted in an accumulated deficit of $7,093,561 as of March 31, 2014. During the three months ended March 31, 2014, the Company recognized a loss of $75,345 from continuing operations. The Company used $45,344 of cash in its operating activities from continuing operations. The sale of Cogility and DSTG eliminated the Company’s source of revenue. As a result, there can be no assurance that the Company will not need additional financing, that the Company will be profitable in the future or that the Company will be able to continue as a going concern. The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Note_3_Related_Party_Transacti

Note 3 - Related Party Transactions	3 Months Ended
Note 3 - Related Party Transactions	Mar. 31, 2014
Notes	'
Note 3 - Related Party Transactions	'
	NOTE 3 – RELATED PARTY TRANSACTIONS

	At December 31, 2012 the Company had recorded accrued compensation that included $570,979 in deferred payroll and vacation pay, and payroll taxes payable, $110,777 in employee reimbursements payable, and commissions payable to one current and one former employee in the aggregate amount of $198,967. Under the terms of the sale of Cogility, all but $100,000 of the accrued compensation was paid on the date of sale. The Company determined that the additional accrued compensation of $100,000 was no longer necessary and reversed the accrual at December 31, 2013.

	On September 13, 2011, a key executive resigned his position and entered into a severance agreement with the Company. On September 16, 2010, the Company had signed a letter agreeing to pay the former executive officer $47,000 in one-time commissions. Under the severance agreement the Company was also obligated to pay the former executive officer a one-time bonus of $35,000 and deferred compensation of $18,432. The liabilities were paid in full during the year ended December 31, 2013.

Note_4_Shareholders_Equity

Note 4 - Shareholders' Equity	3 Months Ended
Note 4 - Shareholders' Equity	Mar. 31, 2014
Notes	'
Note 4 - Shareholders' Equity	'
	NOTE 4 – SHAREHOLDERS’ EQUITY

	On October 17, 2013 the Company entered into a settlement agreement with Matthew Ghourdjian and the Deborah Sue Ghourdjian Separate Property Trust, whereby Mr. Ghourdjian and the Trust sold to the Company 690,796 shares of common stock for $30,000 cash plus an obligation to pay an additional $20,000 in February 2014, or approximately $0.07 per share. Mr. Ghourdjian resigned from the Company as an employee, director and officer. Mr. Ghourdjian and the Trust, and the Company entered into mutual releases of all claims against one another.

	The Company had 2,148,774 stock options outstanding at March 31, 2014 at a weighted average exercise price of $2.32 a share, a weighted average remaining contractual term of 5.54 years and an aggregrate intrinsic value of $87,375.

	The Company had 938,000 warrants outstanding at March 31, 2014 at a weighted average exercise price of $2.35 a share, a weighted average remaining contractual term of 2.61 years and no aggregrate intrinsic value.

Note_5_Commitments_and_Conting

Note 5 - Commitments and Contingencies	3 Months Ended
Note 5 - Commitments and Contingencies	Mar. 31, 2014
Notes	'
Note 5 - Commitments and Contingencies	'
	NOTE 5 – COMMITMENTS AND CONTINGENCIES

	The Company is subject to legal proceedings, claims, and litigation arising in the ordinary course of business. The Company defends itself vigorously against any such claims. Although the outcome of these other matters is currently not determinable, management does not expect that the ultimate costs to resolve these matters will have a material adverse effect on its consolidated financial position, results of operations, or cash flows.

Note_6_Sale_of_Subsidiaries_an

Note 6 - Sale of Subsidiaries and Discontinued Operations	3 Months Ended
	Mar. 31, 2014
Notes	'
Note 6 - Sale of Subsidiaries and Discontinued Operations	'
	NOTE 6 – SALE OF SUBSIDIARIES AND DISCONTINUED OPERATIONS

	Cogility Software Corporation – On January 12, 2013, Acquired Sales entered into an agreement with Drumright Group, LLC (“Drumright”) that was closed on February 11, 2013, wherein Acquired Sales sold 100% of the capital stock of its subsidiary, Cogility Software Corporation (“Cogility”) to Drumright in exchange for $3,975,000 in cash and a $3,000,000 receivable. The $3,000,000 was originally receivable as follows: $1,500,000 on August 11, 2013, less an estimated $32,258 in connection with a certain military contract delay, and $1,500,000 on February 11, 2014. In addition, Acquired Sales was required to hold $300,000 in an escrow account for potential subsequent claims. Acquired Sales was responsible for all costs and expenses and retained all accounts receivable relating to work performed by Cogility on revenue contracts through January 31, 2013, with those costs, expenses and revenue transitioning to Drumright thereafter. Acquired Sales retained a contract to create “legal analytics” software. The carrying value of Cogility’s net liabilities, excluding accounts receivable, was $32,899.

	Under the terms of the agreement, Acquired Sales was required to transfer Cogility to Drumright without any liabilities. To accomplish this requirement, the $3,975,000 down payment was placed into an escrow account and to the extent necessary was used to pay Cogility’s liabilities, including liabilities that were secured by Cogility’s assets or its capital stock.
	The Company agreed to indemnify Drumright for losses caused by breach of the Company’s representations and warranties. In March 2013, Drumright notified the Company of the existence of a second amendment to a license agreement between Cogility and one of its customers that was effective April 2007. On July 16, 2013 the parties entered into a Compromise and Release agreement whereby the parties agreed to reduce the purchase price by $2,000,000 by reducing the $3,000,000 receivable to $1,000,000 due and paid on February 11, 2014 As a result of the Compromise and Release agreement, the Company reduced the gain on disposal of discontinued operations relating to the sale of Cogility to $5,077,899.
	The historical results of Cogility’s operations have been reclassified to discontinued operations. Operating results of Cogility included in discontinued operations for the three months ended March 31, 2013 were as follows:


	Revenues	$345,220
	Cost of services	105,762
	Gross profit	239,458
	Selling and general and administrative expenses	191,914
	Income from operations	47,544
	Gain from extinguishment of debt	202,573
	Interest expense	-4,971
	Income before provision for income taxes	245,146
	Income taxes	800
	Income from Discontinued Operations	$244,346

	Defense & Security Technology Group, Inc. – Acquired Sales purchased 100% of the equity interests of Defense & Security Technology Group, Inc. (“DSTG”) on February 13, 2012. The results of DSTG’s operations have been included in the consolidated financial statements from February 14, 2012 through September 30, 2013.

	On September 30, 2013 Acquired Sales sold 100% of the common stock of DSTG back to the previous shareholder for $1. The Company recognized a loss on sale of $104,946 during the year ended December 31, 2013 and a gain of $7,941 during the three months ended March 31, 2014. The historical results of DSTG’s operations have been reclassified to discontinued operations. Operating results of DSTG included in discontinued operations for the three months ended March 31 2013 were as follows:



	Revenues	$-
	Selling and general and administrative expenses	$90,545
	Net Loss from Discontinued Operations	$90,545

Note_1_Basis_of_Presentation_a1

Note 1 - Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Policies	'
Condensed Financial Statements	'
	Condensed Financial Statements – The accompanying financial statements are condensed and do not include all disclosures normally required by generally accepted accounting principles. These statements should be read in conjunction with the annual financial statements included in Form 10-K filed with the U.S. Securities and Exchange Commission on April 1, 2014. In particular, the nature of operations and significant accounting principles were presented in Note 1 to the annual financial statements. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying unaudited condensed consolidated financial statements and consist of only normal recurring adjustments, except as disclosed herein. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2014.
Principles of Consolidation	'
	Principles of Consolidation – The accompanying consolidated financial statements include the accounts and operations of Acquired Sales for all periods presented, the accounts and discontinued operations of Cogility Software Corporation through February 11, 2013 and the accounts and discontinued operations of Defense & Security Technology Group, Inc. from February 14, 2012 through September 30, 2013. Intercompany accounts and transactions have been eliminated on consolidation.
Basic and Diluted Earnings (Loss) Per Common Share	'
	Basic and Diluted Earnings (Loss) Per Common Share – Basic earnings (loss) per common share is determined by dividing earnings (loss) by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per common share is calculated by dividing earnings (loss) by the weighted-average number of common shares and dilutive common share equivalents outstanding during the period. When dilutive, the incremental potential common shares issuable upon exercise of stock options and warrants are determined by the treasury stock method. The following table summarizes the calculations of basic and diluted earnings (loss) per share for the three months ended March 31, 2014 and 2013.

		For the Three Months
		Ended
		March 31,
		2014	2013
	Loss from Continuing Operations	($75,345)	($143,217)
	Income from Discontinued Operations	7,941	3,885,190
	Net Income (Loss)	($67,404)	$3,741,973
	Weighted -Average Shares Outstanding	2,269,648	2,935,229
	Basic and Diluted Earnings (Loss) per Share
	Continuing Operations	($0.03)	($0.05)
	Discontinued Operations	0	1.32
	Basic and Diluted Earnings (Loss) per Share	($0.03)	$1.27

	There were 2,148,774 employee stock options and 938,000 warrants outstanding during the three months ended March 31, 2014 that were excluded from the computation of diluted earnings (loss) per share because their effects would have been anti-dilutive. There were 2,173,774 employee stock options and 938,000 warrants outstanding during the three months ended March 31, 2013 that were excluded from the computation of diluted earnings (loss) per share because their effects would have been anti-dilutive.

Note_1_Basis_of_Presentation_a2

Note 1 - Basis of Presentation and Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2014
Tables/Schedules	'
Schedule of Earnings Per Share, Basic and Diluted	'

		For the Three Months
		Ended
		March 31,
		2014	2013
	Loss from Continuing Operations	($75,345)	($143,217)
	Income from Discontinued Operations	7,941	3,885,190
	Net Income (Loss)	($67,404)	$3,741,973
	Weighted -Average Shares Outstanding	2,269,648	2,935,229
	Basic and Diluted Earnings (Loss) per Share
	Continuing Operations	($0.03)	($0.05)
	Discontinued Operations	0	1.32
	Basic and Diluted Earnings (Loss) per Share	($0.03)	$1.27

Note_6_Sale_of_Subsidiaries_an1

Note 6 - Sale of Subsidiaries and Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2014
Tables/Schedules	'
Schedule of Operating results of Cogility included in discontinued operations	'


	Revenues	$345,220
	Cost of services	105,762
	Gross profit	239,458
	Selling and general and administrative expenses	191,914
	Income from operations	47,544
	Gain from extinguishment of debt	202,573
	Interest expense	-4,971
	Income before provision for income taxes	245,146
	Income taxes	800
	Income from Discontinued Operations	$244,346
Schedule of Condensed Financial Statements, DSTG Discontinued Operations	'



	Revenues	$-
	Selling and general and administrative expenses	$90,545
	Net Loss from Discontinued Operations	$90,545

Note_1_Basis_of_Presentation_a3

Note 1 - Basis of Presentation and Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2012	Sep. 30, 2013	Jan. 12, 2013
	Defense Securities Technology Group	Defense & Security Technology Group, Inc	Drumright Group LLC purchase of Cogility
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions	100.00%	'	'
Stock Sold to Acquirer, percent	'	100.00%	100.00%

Note_1_Basis_of_Presentation_a4

Note 1 - Basis of Presentation and Significant Accounting Policies: Basic and Diluted Earnings (Loss) Per Common Share: Schedule of Earnings Per Share, Basic and Diluted (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Details	'	'
Loss from Contining Operations	($75,345)	($143,217)
Income from Discontinued Operations	7,941	3,885,190
Net Income (Loss)	($67,404)	$3,741,973
Weighted - Average Shares Outstanding	2,269,648	2,935,229
Basic and Diluted Earnings (Loss) per Share	'	'
Continuing Operations	($0.03)	($0.05)
Discontinued Operations	$0	$1.32
Basic and Diluted Earnings (Loss) per Share	($0.03)	$1.27

Note_1_Basis_of_Presentation_a5

Note 1 - Basis of Presentation and Significant Accounting Policies: Basic and Diluted Earnings (Loss) Per Common Share (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Equity Option	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,148,774	2,173,774
Warrant	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	938,000	938,000

Note_2_Risks_and_Uncertainties1

Note 2 - Risks and Uncertainties (Details) (USD $)	3 Months Ended
Note 2 - Risks and Uncertainties (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Details	'	'	'
Accumulated deficit	($7,093,561)	'	($7,026,157)
Loss from Contining Operations	-75,345	-143,217	'
Net cash used in operating activities of continuing operations	($45,344)	($75,629)	'

Note_3_Related_Party_Transacti1

Note 3 - Related Party Transactions (Details) (USD $)	Dec. 31, 2013	Feb. 11, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013
	Employee	Employee	Employee	Former Executive Officer	Former Executive Officer
					One-time Termination Benefits
Accrued Compensation	($100,000)	$100,000	$570,979	'	'
Employee Reimbursements Payable	'	'	110,777	'	'
Commissions Payable	'	'	198,967	'	'
One-time Commissions	'	'	'	'	47,000
One-time Bonus	'	'	'	'	35,000
Deferred Compensation	'	'	'	$18,432	'

Note_4_Shareholders_Equity_Det

Note 4 - Shareholders' Equity (Details) (USD $)	3 Months Ended	1 Months Ended	12 Months Ended
	Mar. 31, 2014	Feb. 28, 2014	Dec. 31, 2013	Dec. 31, 2013
	Mar. 31, 2014	Matthew Ghourdjian	Matthew Ghourdjian	Common Stock
Stock Repurchased During Period, Shares	'	'	'	-690,796
Payment for Purchase of Common Stock	'	$20,000	$30,000	'
Share Price	'	$0.07	'	'
Options, Outstanding	2,148,774	'	'	'
Options, Outstanding, Weighted Average Exercise Price	$2.32	'	'	'
Options, Outstanding, Weighted Average Remaining Term	'5 years 6 months 14 days	'	'	'
Options, Outstanding, Intrinsic Value	$87,375	'	'	'
Warrants, Outstanding	938,000	'	'	'
Warrants, Weighted Average Exercise Price	$2.35	'	'	'
Warrants, Outstanding, Weighted Average Remaining Contractual Life	2.61	'	'	'

Note_6_Sale_of_Subsidiaries_an2

Note 6 - Sale of Subsidiaries and Discontinued Operations (Details) (USD $)

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Jul. 16, 2013

Feb. 11, 2013

Jan. 12, 2013

Mar. 31, 2014

Dec. 31, 2012

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Drumright Group LLC purchase of Cogility

Cogility Software

Defense Securities Technology Group

Defense & Security Technology Group, Inc

Stock Sold to Acquirer, percent

100.00%

Proceeds from sale of discontinued operations, net of cash sold

$1,000,000

$3,975,000

$1,000,000

$3,975,000

Business Divestiture, Deferred Purchase Amount Receivable

3,000,000

Business Divestiture, Deferred Purchase Amount Receivable, Due in 6 Months

1,500,000

Business Divestiture, Deferred Purchase Amount Receivable, Deduction Allowance

2,000,000

32,258

Business Divestiture, Deferred Purchase Amount Receivable, Due in 1 Year

1,500,000

Business Divestiture, Escrow Collateral

300,000

Net Liabilities

50,887

40,886

32,899

Sale of Subsidiary, Down Payment Terms

'Under the terms of the agreement, Acquired Sales was required to transfer Cogility to Drumright without any liabilities. To accomplish this requirement, the $3,975,000 down payment was placed into an escrow account and to the extent necessary was used to pay Cogility’s liabilities, including liabilities that were secured by Cogility’s assets or its capital stock.

Gain (Loss) on Disposition of Business

5,077,899

Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions

100.00%

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax

$7,941

$104,946

Note_6_Sale_of_Subsidiaries_an3

Note 6 - Sale of Subsidiaries and Discontinued Operations: Schedule of Operating results of Cogility included in discontinued operations (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Gain from extinguishment of debt	$0	($79,463)
Income from Discontinued Operations	'	153,801
Cogility Software	'	'
Revenues	'	345,220
Cost of Services	'	105,762
Gross profit	'	239,458
Selling and general and administrative expenses	'	191,914
Income from operations	'	47,544
Gain from extinguishment of debt	'	202,573
Interest expense	'	-4,971
Income before provision for income taxes	'	245,146
Income Taxes	'	800
Income from Discontinued Operations	'	$244,346

Note_6_Sale_of_Subsidiaries_an4

Note 6 - Sale of Subsidiaries and Discontinued Operations: Schedule of Condensed Financial Statements, DSTG Discontinued Operations (Details) (USD $)	3 Months Ended
	Mar. 31, 2013
Net Loss from Discontinued Operations	$153,801
Defense & Security Technology Group, Inc	'
Selling and general and administrative expenses	90,545
Net Loss from Discontinued Operations	$90,545