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 Customer Centered Strategies occurred on January 1, 2019:

	Six Months ended
	June 30,
	2020		2019
Net Revenues	$	2,029,599		$ 2,519,869
Net (loss) income from operations		(2,560,593)		(8,928,913)
Net (loss) income per share from operations		(0.00)		(0.01)
Weighted average number of shares – basic and diluted				1,092,248,763

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 external evaluations at the date of acquisition:

*Value of considered paid:*
Cash at Closing	$	2,100,000
Promissory Note - discounted		1,781,241
Assets acquired		3,881,241

*Assets Acquired:*
Prepaid expenses	$	28,316
Property, plant and equipment		47,484
Intangible assets		2,921,400
Goodwill		1,299,144
Assets acquired	$	4,296,344

*Liabilities Assumed:*
Accounts payable	$	121,958
Other current liabilities		293,145
Liabilities assumed	$	415,103

Net assets acquired	$	3,881,241
Fair value of consideration given	$	3,881,241

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	$	37,597
Accounts receivable		155,626
Prepaid expense		2,500
Intangible asset – customer list		535,877
Assets acquired	$	731,600


Accounts payable	$	37,817
Other current liabilities		37,534
Liabilities assumed	$	75,350

Net assets acquired	$	656,250
Fair value of consideration given:
Cash	$	175,000
Convertible note – 5%		350,000
Minority interest		131,250
Total	$	626,250