v3.19.2

Acquisitions (Tables)

6 Months Ended

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	)

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
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-Name Accounting Standards Codification
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- Definition

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+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
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