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NOTE 4 - ACQUISITION: Identifiable assets acquired and liabilities assumed upon acquisition of IoT Labs (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Identifiable assets acquired and liabilities assumed upon acquisition of IoT Labs

 

Total purchase price

$

180,000

Cash

 

135,781

Other current assets

 

953

Property and equipment

 

34,075

Intangible asset

 

21,875

Total identifiable assets

 

192,684

Accounts payable

 

(100)

Total liabilities assumed

 

(100)

Net assets

 

192,584

Non-controlling interest

 

94,366

Total net assets

 

98,218

Goodwill

$

81,782