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SCHEDULE OF FAIR VALUE OF CONSIDERATION TRANSFERRED (Details) | Apr. 30, 2021 USD ($)
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Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Cash | $ 48,649,954
Working capital adjustment | 1,870,886
Contingent consideration | 10,755,000
Common stock | 132,645,000
Assumed debt | 50,000,000
Fair value of consideration transferred | $ 243,920,840

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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