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ACQUISITION-EUROPEAN OPERATIONS (Details)
Dec. 31, 2020
USD ($)
Acquisition consideration  
Cash $ 14,188,056
Bonds payable 8,356,958
Settlement of pre-existing debt 4,515,687
Total consideration transferred 27,060,701
Assets acquired and liabilities assumed  
Accounts receivable 1,300,468
Inventories 2,161,067
Prepaid expenses and other current assets 331,774
Property and equipment 616
Right of use asset 806,572
Other long-term assets 101,413
Intangible assets-Customer relationships 14,050,000
Intangible assets-Brands 3,123,000
Accounts payable and accrued expenses (3,489,080)
Lease liability Obligations (817,041)
Other current liabilities (927,088)
Total identifiable net assets 16,641,701
Goodwill $ 10,419,000