1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Tables)

9 Months Ended

Sep. 30, 2017

Nature Of Operations And Basis Of Presentation Tables

Schedule of acquisition

A summary of consideration is as follows:

Cash (paid in December 2016)	$	60,000
2,926,830 shares of the Company’s common stock		2,883,220
Liabilities assumed		40,140
Total purchase price	$	2,983,360

Schedule of fair value of assets acquired and liabilities assumed

The following summarizes the current estimates of fair value of assets acquired and liabilities assumed:

Cash	$	8,672
Accounts receivable		3,583
Property and equipment		3,333
Goodwill		2,967,772
Assets acquired	$	2,983,360

Schedule of pro forma results

	Three months ended September 30, 2017			Three months ended September 30, 2016
Total revenues	$	11,516		$	232,313
Net loss		(7,077,066	)		(7,263,951	)
Basic and diluted net loss per common share	$	(0.07	)	$	(0.07	)

	Nine months ended September 30, 2017			Nine months ended September 30, 2016
Total revenues	$	289,130		$	833,304
Net loss		(26,154,897	)		(8,373,192	)
Basic and diluted net loss per common share	$	(0.28	)	$	(0.17	)

A summary of consideration is as follows:

Cash and costs incurred	$	40,570
2,926,830 shares of the Company’s common stock		1,966,250
Total purchase price	$	2,006,820

The following summarizes the current estimates of fair value of assets acquired and liabilities assumed:

Cash	$	2,601
Goodwill		2,004,219
Assets acquired	$	2,006,820

	Three months ended September 30, 2017			Three months ended September 30, 2016
Total revenues	$	11,516		$	209,003
Net loss		(7,077,066	)		(3,452,664	)
Basic and diluted net loss per common share	$	(0.07	)	$	(0.07	)

	Nine months ended September 30, 2017			Nine months ended September 30, 2016
Total revenues	$	289,130		$	794,621
Net loss		(26,154,897	)		(8,277,114	)
Basic and diluted net loss per common share	$	(0.28	)	$	(0.17	)