XML 43 R27.htm IDEA: XBRL DOCUMENT v3.19.1
2. ACQUISITIONS (Tables)
3 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Purchase price allocation
Consideration   $ 74,353,483  
         
Assets acquired:        
   Cash and cash equivalents   $ 1,822,331  
   Accounts receivable     850,921  
   Inventory     1,054,926  
   Other current assets     38,745  
   Property and equipment, net     608,947  
   Intangible assets     21,585,000  
   Goodwill     55,258,545  
Total assets acquired     81,219,415  
         
Liabilities assumed:        
   Accounts payable     257,081  
   Notes payable – related party     764,300  
   Customer deposits - related party     265,000  
   Accrued expenses     471,551  
   Deferred tax liability     5,108,000  
Total Liabilities assumed     6,865,932  
         
Net Assets Acquired   $ 74,353,483