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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2016
Clouding Corp  
Summary of net purchase price paid, assets and liabilities

Intangible assets

 

$

14,500,000 

 

Goodwill

 

1,296,000 

 

 

 

 

 

Net purchase price

 

$

15,796,000 

 

 

 

 

 

 

 

 

Total consideration paid of the following:

Cash

 

$

1,400,000 

 

Promissory Note

 

1,000,000 

 

Common Stock

 

281,000 

 

Earn-Out Liability

 

13,115,000 

 

 

 

 

 

Net purchase price

 

$

15,796,000 

 

 

 

 

 

 

 

Medtech Group  
Summary of net purchase price paid, assets and liabilities

Intangible assets

 

$

12,800,000 

 

Goodwill

 

2,700,000 

 

 

 

 

 

Net purchase price

 

$

15,500,000