Quarterly report pursuant to Section 13 or 15(d)

Business Combination (Tables)

v3.19.2
Business Combination (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of fair value of the identifiable assets acquired, and liabilities assumed including an amount for intangible assets
Consideration Paid:      
Cash and cash equivalents   $ 150,000  
Additional consideration to be paid     200,000  
Contingent consideration     400,000  
Fair value of total consideration   $ 750,000  
         
Recognized amount of identifiable assets acquired, and liabilities assumed:        
Financial assets:        
Cash and cash equivalents   $ 1,445  
Financial liabilities:        
Accounts payable and accrued liabilities     (84,349 )
Deferred revenue     (29,818 )
Non-controlling interest     (144,118 )
Total identifiable net assets     (256,840 )
Customer relationship asset     1,006,840  
    $ 750,000