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Transactions (Tables)
9 Months Ended
Sep. 30, 2020
Business Combinations [Abstract]  
Schedule of Transactions of Recognized Assets Acquired and Liabilities Assumed

The transaction was accounted for under the purchase method. The purchase price allocation to assets and liabilities assumed in the transaction was:

 

Cash  $14,318 
Accounts Receivable   123,959 
Prepaid Expenses and Deposits   2,400 
Furniture and Equipment at Fair Value   1,309 
License   634,252 
Accounts Payable   (24,271)
Note Payable   (168,277)
   Net Assets Acquired  $583,690 

 

Schedule of Pro-Forma Financial Information

The following table provides unaudited proforma results, prepared in accordance with ASC 805, for the nine months ended September 30, 2020, and 2019:

 

  

For the Nine

Months Ended

September 30, 2020

  

For the Nine

Months Ended

September 30, 2019

 
Net Sales  $4,214,548   $4,972,947 
Net Profit (Loss)  $242,882   $(936,870)
Net profit (loss) per share, basic and diluted  $0.00   $(0.02)