| Schedule of Consideration for Acquisition Net Assets Acquired and Goodwill |
Details of the consideration for acquisition, net assets
acquired and goodwill are as follows:
| Purchase price consideration paid: | |
| |
| Fair value of shares issued | |
$ | 2,450,000 | |
| Fair value of shares issued | |
$ | 2,450,000 | |
| Fair value of assets and liabilities assumed: | |
| | |
| Cash | |
$ | 236,668 | |
| Amounts receivable | |
| 13,425 | |
| Prepaid expenses | |
| 15,879 | |
| Client relationships | |
| 277,000 | |
| Brand name | |
| 100,000 | |
| Technology | |
| 125,000 | |
| Deferred tax liability | |
| (133,000 | ) |
| Accounts payable | |
| (1,024 | ) |
| Customer prepayment | |
| (261,533 | ) |
| Goodwill | |
| 2,077,585 | |
| Total net assets acquired | |
$ | 2,450,000 | |
Details of the consideration for acquisition, net assets
acquired and goodwill are as follows:
| Purchase price consideration paid: | |
| |
| Fair value of shares issued | |
$ | 5,065,277 | |
| Fair value of shares issued | |
$ | 5,065,277 | |
| Fair value of assets and liabilities assumed: | |
| | |
| Cash | |
$ | 10,357,387 | |
| Amounts receivable | |
| 1,970,550 | |
| Prepaid expenses | |
| 47,972 | |
| Digital assets | |
| 3,274,538 | |
| Client relationships | |
| 30,640 | |
| Securities | |
| 3,015,807 | |
| Accounts payable | |
| (13,494,510 | ) |
| Other liabilities | |
| (137,107 | ) |
| Total net assets acquired | |
$ | 5,065,277 | |
Details of the consideration for acquisition,
net assets acquired and goodwill are as follows:
| Purchase price consideration paid: | |
| |
| Cash consideration | |
$ | 816,372 | |
| Fair value of shares issued | |
| 442,722 | |
| Fair value of previously held investment | |
| 379,906 | |
| Fair value of shares issued | |
$ | 1,639,000 | |
| Fair value of assets and liabilities assumed: | |
| | |
| Cash | |
$ | 271,408 | |
| Prepaid expenses and deposits | |
| 12,473 | |
| Goodwill | |
| 2,907,440 | |
| Trade and other payables | |
| (69,418 | ) |
| Non-controlling interest | |
| (1,482,903 | ) |
| Total net assets acquired | |
$ | 1,639,000 | |
|