| Schedule of fair value of identifiable assets acquired |
| Fair Value of Identifiable Assets Acquired: |
|
|
|
| Inventory |
|
$ |
649,433 |
|
| Property and Equipment |
|
|
34,099 |
|
| Intangible - Customer List |
|
|
2,253,690 |
|
| |
|
$ |
2,937,222 |
|
| |
|
|
|
|
| Consideration Paid: |
|
|
|
|
| Cash |
|
$ |
521,174 |
|
| Note Payable - Wildman |
|
|
162,358 |
|
| Contingent Earn-Out Liability |
|
|
2,253,690 |
|
| |
|
$ |
2,937,222 |
|
| Fair Value of Identifiable Assets Acquired: |
|
|
|
| Inventory |
|
$ |
91,096 |
|
| Working Capital |
|
|
879,486 |
|
| Intangible - Customer List |
|
|
2,275,290 |
|
| |
|
$ |
3,245,872 |
|
| |
|
|
|
|
| Consideration Paid: |
|
|
|
|
| Cash |
|
$ |
1,510,872 |
|
| Restricted Stock |
|
|
100,000 |
|
| Contingent Earn-Out Liability |
|
|
1,635,000 |
|
| |
|
$ |
3,245,872 |
|
| Fair Value of Identifiable Assets Acquired: |
|
|
|
| Cash |
|
$ |
63,624 |
|
| Accounts Receivable |
|
|
346,822 |
|
| Inventory |
|
|
108,445 |
|
| Fixed Assets |
|
|
14,444 |
|
| Intangible - Customer List |
|
|
1,659,831 |
|
| |
|
$ |
2,193,166 |
|
| |
|
|
|
|
| Consideration Paid: |
|
|
|
|
| Cash |
|
$ |
1,488 |
|
| Assumption of Liabilities |
|
|
721,334 |
|
| Restricted Stock |
|
|
100,000 |
|
| Contingent Earn-Out Liability |
|
|
1,370,344 |
|
| |
|
$ |
2,193,166 |
|
| Fair Value of Identifiable Assets Acquired: |
|
|
|
| Cash |
|
$ |
13,855 |
|
| Accounts Receivable |
|
|
344,078 |
|
| Intangible - Customer List |
|
|
1,032,600 |
|
| |
|
$ |
1,390,533 |
|
| |
|
|
|
|
| Consideration Paid: |
|
|
|
|
| Cash |
|
$ |
440,025 |
|
| Assumption of Liabilities |
|
|
17,908 |
|
| Restricted Stock |
|
|
25,000 |
|
| Contingent Earn-Out Liability |
|
|
907,600 |
|
| |
|
$ |
1,390,533 |
|
|