NOTE 13. ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2019

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, and PathUX. occurred on January 1, 2018:

	Nine Months Ended
	September 30,
	2019		2018
Net Revenues	$	4,753,242	$	1,348,994
Net (loss) income from operations		(7,477,625)		(1,148,870)
Net (loss) income per share from operations		(0.01)		(0.00)
Weighted average number of shares – basic and diluted		1,176,847,590		1,004,144,021

Service 800

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed based on internal company evaluations at the date of acquisition:

Assets Acquired:
Prepaid expenses	$	28,316
Property, plant and equipment		1,067,989
Intangible asset – customer list		4,053,892
Assets acquired	$	5,150,197
Liabilities Assumed:
Accounts payable	$	121,958
Outstanding checks		63,084
Other current liabilities		293,145
Liabilities assumed	$	478,187
Net assets acquired	$	4,672,010
Fair value of consideration given	$	4,672,010

PathUX

Schedule of contingent liabilities

These contingent liabilities are presented on the Company’s financials as follow: 

Short-term contingent acquisition liability	$ 1,951,205
Long-term contingent acquisition liability	1,048,795
Total contingent  acquisition liability	$ 3,000,000

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed based on internal company evaluations at the date of acquisition:

Assets Acquired:
Cash	$	9,066
Accounts receivable		16,327
Proprietary Software		1,063,441
Intangible asset – customer list		2,070,110
Assets acquired	$	3,158,943
Accounts payable	$	5,705
Other current liabilities		153,238
Liabilities assumed	$	158,943
Net assets acquired	$	3,000,000
Fair value of consideration given	$	3,000,000