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STRATEGIC INVESTMENTS AND BUSINESS COMBINATIONS (Tables)

3 Months Ended

Mar. 31, 2022

JP Kush and Associates Inc [Member]

Business Acquisition [Line Items]

SCHEDULE OF ALLOCATION OF PURCHASE PRICE

The allocation of the purchase price in connection with the Kush Acquisition was calculated as follows:

SCHEDULE OF ALLOCATION OF PURCHASE PRICE 

Description		Fair Value				Weighted Average Useful Life (Years)
Accounts receivable		$	291,414
Trade name and trademarks			685,400			5
Customer relationships			551,000			10
Non-competition agreements			827,800			5
Goodwill			1,288,552			Indefinite
Purchase consideration allocated		$	3,644,166

SCHEDULE OF PRO FORMA INFORMATION RELATED TO ACQUISITION

SCHEDULE OF PRO FORMA INFORMATION RELATED TO ACQUISITION

			March 31,
		2021
Revenue		$	2,695,843
Net Income (Loss)		$	(450,868	)
Earnings (Loss) per common share, basic		$	(0.90	)
Earnings (Loss) per common share, diluted		$	(0.90	)

Medigap Healthcare Insurance Company [Member]

Business Acquisition [Line Items]

SCHEDULE OF ALLOCATION OF PURCHASE PRICE

The preliminary allocation of the purchase price in connection with the acquisition of Medigap was calculated as follows:

SCHEDULE OF ALLOCATION OF PURCHASE PRICE 

Description		Fair Value				Weighted Average Useful Life (Years)
Property, plant and equipment		$	20,666			5
Right-of-use asset			317,787
Trade names			340,000			15
Customer relationships			4,550,000			12
Technology			67,000			3
Backlog			210,000			1
Chargeback reserve			(1,484,473	)
Lease liability			(317,787	)
Goodwill			19,199,008			Indefinite
		$	22,902,201

SCHEDULE OF PRO FORMA INFORMATION RELATED TO ACQUISITION

SCHEDULE OF PRO FORMA INFORMATION RELATED TO ACQUISITION

			March 31,				March 31,
		2022				2021
Revenue		$	4,659,451			$	3,602,106
Net Income (Loss)		$	9,355,584			$	(566,903	)
Earnings (Loss) per common share, basic		$	7.65			$	1.2	)
Earnings (Loss) per common share, diluted		$	1.80			$	1.2	)

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Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
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+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

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