4. Acquisition of subsidiary (Tables)

3 Months Ended

Mar. 31, 2017

Acquisition Of Subsidiary Tables

Schedule of acquisiton of subsidiary

	Amount
Purchase price paid:
Common shares issued to Seller	$	2,184,000
Receivable assumed by the Seller		504,442
		2,688,442
Allocated as follows:
Assets acquired:
Property		6,497,400
Receivable from Ethema Health Corporation		299,743
		6,797,143
Liabilities assumed:
Accounts payable and other accruals		158,093
Related party payable to Leon Developments		2,057,392
Mortgage liability owing to Ethema Health Corporation		267,540
Mortgage liability		3,145,549
		5,628,575
Net assets acquired		1,168,568
Excess purchase consideration allocated to shareholders compensation	$	1,519,874