NOTE 13. ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition:

Assets Acquired:
Prepaid expenses	$	28,316
Property, plant and equipment		1,067,989
Intangible asset – customer list		4,153,892
Assets acquired	$	5,250,197
Liabilities Assumed:
Accounts payable	$	121,958
Outstanding checks		63,084
Other current liabilities		293,145
Liabilities assumed	$	478,187
Net assets acquired	$	4,772,010
Fair value of consideration given	$	4,772,010

Business Acquisition, Pro Forma Information

The following unaudited pro forma consolidated results of operations have been prepared as if the acquisition of Service 800, Inc. occured on January 2018:

	Three Months Ended
	March 31,
	2019		2018
Net Revenues	$	1,246,891	$	1,314,762
Net (loss) income from operations		(3,848,065)		(1,138,260)
Net (loss) income per share from operations		0.00		0.00
Weighted average number of shares – basic and diluted		1,043,248,193		1,001,011,111