Business Acquisitions (Tables)

3 Months Ended

Mar. 31, 2022

Aphrodite’s Marketing, Inc. [Member]

Business Acquisitions (Tables) [Line Items]

Schedule of consideration paid

Equity instrument (3,000 Series B Convertible Preferred Stock)	$	664,105
Embedded conversion options in the 3,000 Series B Convertible Preferred Stock and 20% probability of achieving the Additional Shares		821,739
Fair value of total consideration transferred	$	1,485,844

Schedule of assets acquired and liabilities

Current assets (including cash of $60,287)	$	1,597,389
Liabilities assumed (including loans payable of $2,304,438 and note payable- long term of $150,000)		(3,737,682	)
Total identifiable net liabilities		(2,140,293	)
Non-controlling interest in Aphrodite’s Marketing		-
Intangible assets (relating to form of employment contracts and Aphrodite name with estimated three-year life) (1)		725,867
Goodwill		2,900,270
Total	$	1,485,844

Acquisition related cost (legal and audit fees included in professional and consulting expenses during year 2021) $ 54,360

(1) For the three months ended March 31, 2022 and 2021, amortization of intangible assets amounted to $60,489 and $33,125, respectively.

GearBubble Tech, Inc. [Member]

Business Acquisitions (Tables) [Line Items]

Schedule of consideration paid

Cash	$	2,000,000
Promissory note		1,162,000
Fair value of total consideration transferred	$	3,162,000

Schedule of assets acquired and liabilities

Current assets (including cash of $1,161,476)	$	1,201,476
Equipment, net		4,412
Liabilities assumed		(458,628	)
Total identifiable net assets		747,260
Non-controlling interest in GearBubble Tech		(366,157	)
Goodwill		2,780,897
Total	$	3,162,000

Acquisition related cost (legal and audit fees included in professional and consulting expenses during year 2021) $ 47,100