Subsequent Events
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9 Months Ended | |||
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Dec. 31, 2013
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Subsequent Events |
On February 13, 2014, the Company sold its wholly owned subsidiary, Twistbox Entertainment, Inc. The Company has determined that the transaction is not material to the financial statements. Management evaluated subsequent events after the balance sheet date of December 31, 2013 through the date these unaudited financial statements were issued and concluded that no other material subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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