| Schedule of Identified Tangible and Intangible Asset Acquired |
Schedule
of Identified Tangible and Intangible Asset Acquired
| | |
| | |
| Cash | |
$ | 517,460 | |
| Accounts receivable, net | |
| 34,134 | |
| Prepaids | |
| 5,024 | |
| Property and equipment, net | |
| 2,440 | |
| Other assets, net | |
| 65,350 | |
| Intangible assets | |
| 8,590,000 | |
| Goodwill | |
| 4,940,643 | |
| Total assets | |
$ | 14,155,051 | |
| | |
| | |
| Accounts payable and other liabilities | |
$ | (387,484 | ) |
| Customer deposits | |
| (134,707 | ) |
| Related party loan | |
| (417,017 | ) |
| Total liabilities | |
$ | (939,208 | ) |
| | |
| | |
| Total net assets of Acquirees | |
$ | 13,215,843 | |
|
Schedule
of Identified Tangible and Intangible Asset Acquired
| | |
| | |
| Cash | |
$ | 517,460 | |
| Accounts receivable, net | |
| 34,134 | |
| Prepaids | |
| 5,024 | |
| Property and equipment, net | |
| 2,440 | |
| Other assets, net | |
| 65,349 | |
| Intangible assets | |
| 8,590,000 | |
| Goodwill | |
| 4,940,643 | |
| Total assets | |
$ | 14,155,050 | |
| | |
| | |
| Accounts payable and other liabilities | |
$ | (387,484 | ) |
| Customer deposits | |
| (134,707 | ) |
| Related party loan | |
| (417,017 | ) |
| Total liabilities | |
$ | (939,208 | ) |
| | |
| | |
| Total net assets of Acquirees | |
$ | 13,215,842 | |
|
| Schedule of Intangible Assets Acquired |
Following
are details of the purchase price allocated to the intangible assets acquired.
Schedule
of Intangible Assets Acquired
| Category | |
Fair Value | |
| | |
| |
| Customer relationships | |
$ | 410,000 | |
| Gaming licensees | |
| 4,020,000 | |
| Trade names and trademarks | |
| 2,540,000 | |
| Technology | |
| 1,620,000 | |
| | |
| | |
| Total Intangibles | |
$ | 8,590,000 | |
|
Following
are details of the purchase price allocated to the intangible assets acquired.
Schedule
of Intangible Assets Acquired
| Category | |
Fair Value | |
| | |
| |
| Customer relationships | |
$ | 410,000 | |
| Gaming licensees | |
| 4,020,000 | |
| Trade names and trademarks | |
| 2,540,000 | |
| Technology | |
| 1,620,000 | |
| | |
| | |
| Total Intangibles | |
$ | 8,590,000 | |
|