| Schedule of Consideration |
|
Common shares
|
|
$
|
12,890,029 |
|
|
Cash
|
|
|
112,225 |
|
|
Working capital adjustment
|
|
|
(163,902 |
)
|
|
PPP shares
|
|
|
346,031 |
|
|
Total Consideration
|
|
$
|
13,184,383 |
|
| |
|
|
|
|
|
Identifiable Assets Acquired and Liabilities Assumed
|
|
|
|
|
|
Cash
|
|
$
|
27,124 |
|
|
Accounts Receivable
|
|
|
37,719 |
|
|
Property, Plant and Equipment
|
|
|
34,496 |
|
|
Intangible Assets
|
|
|
7,140,000 |
|
|
Other Assets
|
|
|
12,409 |
|
|
Accounts Payable and Accrued Liabilities
|
|
|
(524,853 |
)
|
|
Other Liabilities
|
|
|
(123,171 |
)
|
|
Total Identifiable Assets
|
|
$
|
6,603,724 |
|
|
Goodwill
|
|
$
|
6,580,659 |
|
|
|
Common shares
|
|
$
|
12,890,029 |
|
|
Cash
|
|
|
112,225 |
|
|
Working capital adjustment
|
|
|
(163,902 |
)
|
|
PPP shares
|
|
|
346,031 |
|
|
Total Consideration
|
|
$
|
13,184,383 |
|
| |
|
|
|
|
|
Identifiable Assets Acquired and Liabilities Assumed
|
|
|
|
|
|
Cash
|
|
$
|
27,124 |
|
|
Accounts Receivable
|
|
|
37,719 |
|
|
Property, Plant and Equipment
|
|
|
34,496 |
|
|
Intangible Assets
|
|
|
7,140,000 |
|
|
Other Assets
|
|
|
12,409 |
|
|
Accounts Payable and Accrued Liabilities
|
|
|
(524,853 |
)
|
|
Other Liabilities
|
|
|
(123,171 |
)
|
|
Total Identifiable Assets
|
|
$
|
6,603,724 |
|
|
Goodwill
|
|
$
|
6,580,659 |
|
|