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ACQUISITION OF COSMOFARM, LTD (Tables)
3 Months Ended
Mar. 31, 2019
Acquisition Of Cosmofarm Ltd  
Schedule of purchase price of Cosmofarm

    Allocation  
Current assets   $ 6,882,286  
Intangible assets     213,790  
Other assets     1,519,345  
Total assets acquired     8,615,421  
Liabilities assumed:        
Accounts payable and other current liabilities     5,111,489  
Advances from customers     1,192,600  
Line of credit     1,900,388  
Other liabilities     232,729  
Total liabilities assumed     8,437,206  
Net assets acquired     178,215  
Consideration:        
Promissory note     227,912  
Goodwill   $ 49,697  

Schedule of acquired intangible assets

    Amount    

Useful

Life (Years)

 
Trademark   $ 36,997       5  
Customer base     176,793       10  
    $ 213,790       -