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NOTE 19 - BUSINESS COMBINATIONS (Tables)
12 Months Ended
Jun. 30, 2019
Turnkey Equipment Management of Great Neck, LLC  
Acquisition

On June 15, 2017, the Company purchased 100% interest in Turnkey Equipment Management of Great Neck, LLC. The consideration and net assets acquired is as follows:

Cash Paid  $1,312,769 
Security deposit   23,775 
Total Consideration   1,336,544 
Net assets at Fair Value   731,582 
Goodwill  $604,962 

 

Radwell Leasing, LLC & Radwell LLC  
Acquisition

On March 20, 2017, the Company purchased 100% interest in Radwell Leasing LLC and Radwell LLC. The net assets acquired and consideration is as follows:

Diagnostic Equipment  $544,375 
Leasehold Improvements   126,237 
Total Net Assets Acquired  $670,612 

 

Stock issued as consideration  $791,210 
Less cash received - Net   (120,598)
Total Consideration  $670,612