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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Purchase Price Allocated to Acquisition of Assets

The purchase price allocated to the acquisition of the assets of Factor Nutrition Labs, LLC is made up as follows:

		Amount
Cash payment made on January 22, 2015		$	4,500,000
Cash payment made on January 20, 2016			750,000
Cash payment made on January 20, 2017			750,000
Total		$	6,000,000

Distribution Option Agreement One [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The preliminary allocation of the purchase price to the assets acquired and liabilities assumed based on the estimated fair values is as follows:

Assets
Accounts receivable		$	2,733,167
Inventory			67,113
Intellectual property			1,000,000
Non-compete provision			50,000
Non-solicitation provision			50,000
Intangible assets-Customer relationships			1,941,030
Goodwill			2,071,517
Liabilities
Accounts payable			(971,381	)
Accrued expenses			(941,446	)
		$	6,000,000

Distribution Option Agreement Two [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The final allocation of the purchase price to the assets acquired and liabilities assumed based on the independent valuation is as follows:

Assets
Accounts receivable		$	2,733,167
Inventory			67,113
Intellectual property			1,450,000
Non-compete provision			50,000
Non-solicitation provision			50,000
Intangible assets-Customer relationships			1,941,030
Goodwill			1,621,517
Liabilities
Accounts payable			(971,381	)
Accrued expenses			(941,446	)
		$	6,000,000

Security Agreement [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The allocation of the purchase price to the assets acquired and liabilities assumed based on the estimated fair values is as follows:

Assets
Accounts receivable		$	58,054
Inventory			204,925
Intangible property			100,000
License agreement			606,553
Liabilities
Accounts payable			(51,795	)
Accrued expenses			(148,520	)
		$	769,217

Contribution Agreement [Member] | Hand MD Corp [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The allocation of the purchase price to the assets acquired and liabilities assumed based on the estimated fair values is as follows:

Assets
Intangible property		$	100,000
License agreement			1,670,675
Liabilities			-
Royalty payable			(258,897	)
Others			(11,778	)
		$	1,500,000

Stock Purchase Agreement One [Member] | Breakthrough Products, Inc [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The preliminary allocation of the purchase price to the assets acquired and liabilities assumed based on the estimated fair values is as follows:

Assets
Cash		$	2,298,619
Accounts receivable			(68,976	)
Inventory			234,709
Prepaid expenses			57,569
Intellectual property			100,000
Non-compete provision			50,000
Goodwill			3,253,160
Liabilities
Accounts payable			(741,822	)
Accrued expenses			(2,202,848	)
		$	2,980,411

Purchase Price Allocated to Acquisition of Assets

The preliminary purchase price allocated to the acquisition of the assets of UrgentRx is made up as follows:

		Amount
Stock payment		$	2,550,000
Stock warrants issued			430,411
Total		$	2,980,411

Stock Purchase Agreement One [Member] | TPR Investments Pty Ltd [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The preliminary allocation of the purchase price to the assets acquired and liabilities assumed based on the estimated fair values is as follows:

Assets
Cash		$	1,584,642
Other receivable			30,684
Inventory			134,212
Prepaid expenses			141,070
Fixed assets, net			5,698
Intangible assets, Net			3,493
Blogger database			200,000
Customer database			500,000
Intellectual property			100,000
Non-compete provision			50,000
Goodwill			6,174,899
Liabilities
Accounts payable			(77,064	)
Accrued expenses			(56,224	)
Dividends payable			(1,177,152	)
Provision for income tax			(518,558	)
		$	7,095,700

Stock Purchase Agreement Two [Member] | Breakthrough Products, Inc [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The final allocation of the purchase price to the assets acquired and liabilities assumed based on the independent valuation is as follows:

Assets
Cash		$	2,298,619
Accounts receivable			(68,976	)
Inventory			234,709
Prepaid expenses			57,569
Intellectual property			250,000
Non-compete provision			-
Goodwill			1,983,160
Liabilities
Accounts Payable			(741,822	)
Accrued Expenses			(2,202,848	)
		$	1,810,411

Purchase Price Allocated to Acquisition of Assets

The adjusted purchase price allocated to the acquisition of the assets of UrgentRx is made up as follows:

		Amount
Stock payment		$	1,380,000
Stock warrants issued			430,411
Total		$	1,810,411

Stock Purchase Agreement Two [Member] | TPR Investments Pty Ltd [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The final allocation of the purchase price to the assets acquired and liabilities assumed based on the independent valuation is as follows:

Assets
Cash		$	1,584,642
Other receivable			30,684
Inventory			134,212
Prepaid expenses			141,070
Fixed assets, net			5,698
Intangible assets, Net			3,493
Blogger database			85,000
Customer database			715,000
Intellectual property			-
Non-compete provision			50,000
Goodwill			6,174,899
Liabilities
Accounts payable			(77,064	)
Accrued expenses			(56,224	)
Dividends payable			(1,177,152	)
Provision for income tax			(518,558	)
		$	7,095,700

Purchase Price Allocated to Acquisition of Assets

The purchase price allocated to the acquisition of the assets of NomadChoice is made up as follows:

		Amount
Cash		$	2,848,800
Stock issued at closing			1,750,000
Earn-out payment			2,496,900
Total		$	7,095,700

Asset Purchase Agreement [Member] | Perfekt Beauty Holdings LLC and CDG Holdings, LLC [Member]

Purchase Price Allocation Assets Acquired and Liabilities Assumed on Estimated Fair Values

The allocation of the purchase price to the assets acquired and liabilities assumed based on the estimated fair values is as follows:

Accounts Receivable		$	52,439
Inventory			290,174
Intellectual Property			10,000
Accounts Payable			(111,217	)
Consideration paid in 473,326 shares of common stock		$	241,396

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- Definition

Tabular disclosure of transactions that are recognized separately from the acquisition of assets and assumptions of liabilities in the business combination.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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