| Summary of provisional allocation of the consideration transferred |
| | Amount | | Cash | | $ | 25,146 | | Accounts receivable, net | | | 354,252 | | Due from related parties | | | 354,996 | | Prepaid expenses and other current assets | | | 25,788 | | Property and equipment, net | | | 204,685 | | Right of use asset | | | 213,125 | | Other non-current assets | | | 63,101 | | Identifiable intangible assets | | | 200,000 | | Accounts payable and accrued expenses | | | (122,257 | ) | Loans payable | | | (741,054 | ) | Right of use liability | | | (200,075 | ) | Retirement benefit obligation | | | (301,266 | ) | Deferred tax liability on intangibles | | | (50,000 | ) | Net identifiable assets acquired | | | 26,441 | | Goodwill | | | 2,583,253 | | Total consideration transferred | | $ | 2,609,694 | |
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