JNS Holding Corp (JNSH)

[roytoy6969]

From ccgi 10Q...

As of November 14, 2013, the assets
have not been transferred to JNS as the parties are negotiating the specific assets to be transferred.

Closing of the APA is contingent upon a bill of sale which has not been approved by the parties. The net liabilities, $326,283, to be transferred
upon a mutually approved bill of sale based on their respective fair values as of September 30, 2013 consisted of fixed assets, net of
depreciation of $1,272,586 and goodwill of $1,323,425 and liabilities consisted of accounts payable and accrued expenses of $1,800,589 and
deferred revenue of $1,121,975.

As a result of the above events, the Company assessed the carrying value of its goodwill on a qualitative basis for impairment and determined
that no other adjustment for impairment would have been required. The Company will record the adjustment upon the transfer of the assets to
JNS