Acquisition of Mann (Tables)

6 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Schedule of Business Acquistion

In accordance with ASC 805-20-50-4A, based on the book values which approximate fair values at the effective date of acquisition, the purchase price was recorded as follows:

Cash (including restricted cash of $185,399)	$	185,633
Accounts receivables, net		506,951
Prepaid expenses and other current assets		215,191
Right-of-use asset		576,566
Fixed assets		68,260
Intangible assets		1,019,580
Investment		42,248
Other assets		37,950
Accounts payable and accrued expenses		(173,498	)
Accrued payroll and related taxes		(325,629	)
Accrued duties and taxes		(66,765	)
Lease liability		(585,207	)
Deferred revenue		(3,618	)
Deferred tax liability		(140,143	)
Cash overdraft		(471,017	)
Long-term debt – related parties		(61,358	)
Long-term debt		(28,956	)
Accumulated other comprehensive income (loss)		(5,116	)
	$	791,072

Schedule of Proforma for Business Acquisition

These unaudited pro forma results of operations are based on the historical financial statements and related notes of Mann and the Company.

	For the six months ended June 30, 2019		For the year ended December 31, 2018
Revenues	$	270,920	$	1,236,665
Net income (loss)	$	76,365	$	(726,273	)
Net income (loss) per share	$	0.00	$	(0.03	)