v3.19.2

Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2019
Red Wire Group, LLC. [Member] |
Schedule of Assets and Net Liabilities Acquired | The assets and net liabilities acquired (based on fair values) were as follows:
Cash |  | $ | 10 |
Other assets (except cash) |  |  | 106,110 |
Goodwill |  |  | 480,381 |
Liabilities |  |  | (136,501 | )
Net consideration provided |  | $ | 450,000 |
Rune NYC, LLC [Member] |
Schedule of Assets and Net Liabilities Acquired | The assets and net liabilities acquired (based on fair values) were as follows:
Cash |  | $ | 12,914 |
Other assets (except cash) |  |  | 41,586 |
Goodwill |  |  | 394,440 |
Liabilities |  |  | (37,817 | )
Net consideration provided |  | $ | 411,123 |
Schedule of Unaudited Pro Forma Financial Information | The below table sets forth selected unaudited pro forma financial information for the Company for 2018 compared to 12 ReTech as if RWG and Rune was owned for the six months ended June 30, 2019 and 2018.
|  | Proforma |
|  | Six months ended |
|  | June 30, |
|  | 2019 |  |  | 2018 |
Revenues |  | $ | 539,260 |  |  | $ | 695,223 |
Cost of revenues |  |  | 313,378 |  |  |  | 510,732 |
Gross profit |  |  | 185,882 |  |  |  | 184,491 |
Net Loss |  | $ | (10,374,441 | ) |  | $ | (3,772,214 | )
Earnings Per Share |  | $ | (0.01 | ) |  | $ | (0.04 | )

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