NOTE 6 ACQUISITION OF KAI MEDICAL (Tables)

12 Months Ended

Dec. 31, 2020

NOTE 5 ACQUISITION OF SUN VALLEY

Final purchase price allocation

Assets Acquired	$
Cash		9,826
Accounts receivable		1,314
Prepaid		8,002
Property and equipment		1,422,819
Intangible asset		245,000
		1,686,961
Liabilities Assumed
Accounts payable and accrued liabilities		406,528
Loan payable		1,139,577
Lease liability		294,669
Disaster loan		59,846
PPP loan		77,028
Net assets at fair value, as at October 5, 2020		(290,687	)
Consideration
Fair value of 500,000 stock options issued		10,025
Fair value of 500,000 warrants issued		10,025
Total Consideration		20,050
Goodwill		310,737

Lease liability assumptions

	Lease 1			Lease 2			Lease 3			Lease 4
Remaining term (months)		20			5			55			55
Monthly payments	$3,050 to $3,250			$	2,850		$	2,554		$	2,041
Incremental borrowing rate		5.5	%		5.5	%		5.5	%		5.5	%
Fair value on acquisition	$	60,145		$	14,039		$	122,536		$	97,949