Business Acquisition (Tables)

6 Months Ended

Jun. 30, 2017

MotherLode Craft Distillery, LLC [Member]

Schedule of Business Acquisition Assets and Labilities

The following allocation of the purchase price is as follows:

Consideration given:
86,667 shares of common stock valued at $4.35 per share	$	377,000
Assets and liabilities acquired:
Cash		7,062
Inventory		103,488
Property and equipment		46,250
Intangible assets - customer list and license		376,431
Goodwill		28,182
Accounts payable		(5,180	)
Customer deposits		(179,233	)
	$	377,000

Big Bottom Distilling, LLC [Member]

Schedule of Business Acquisition Assets and Labilities

The following allocation of the purchase price is as follows:

Consideration given:
28,096 shares of common stock valued at $4.80 per share for 90%	$	134,858
Noncontrolling interests		14,984
Total value of acquisition	$	149,842
Assets and liabilities acquired:
Cash (overdraft)	$	(2,521	)
Accounts receivable		6,224
Inventory		129,922
Property and equipment		22,717
Intangible assets - license		25,000
Goodwill		193,374
Accrued liabilities		(52,841	)
Notes payable		(172,033	)
Total	$	149,842