NOTE 4 – ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2022

Business Combination and Asset Acquisition [Abstract]

NOTE 4 - ACQUISITIONS - Whisl Consideration

	May 13,
Fair Value of Consideration:	2022
Cash	$	1,000,000
Payable to seller		250,000
1,461,653 shares of common stock		550,000
Total Purchase Price	$	1,800,000

NOTE 4 - ACQUISITIONS - Smartbiz Consideration

	June 1,
Fair Value of Consideration:	2022
Cash	$	725,000
Payable to seller		75,000
2,850,330 shares of common stock		1,000,000
Total Purchase Price	$	1,800,000

NOTE 4 - ACQUISITIONS - Whisl Assets and Liabilities Acquired

Total purchase price	$	1,800,000
Cash		141,113
Accounts receivable		109,762
Total identifiable assets		250,875
Accounts payable		(241,426	)
Other current liabilities		(2,075	)
Total liabilities assumed		(243,501	)
Net assets		7,374
Non-controlling interest		3,613
Total net assets		3,761
Goodwill	$	1,796,239

NOTE 4 - ACQUISITIONS - Smartbiz Assets and Liabilities Acquired

Total purchase price	$	1,800,000
Cash		19,755
Accounts receivable		789,515
Total identifiable assets		809,270
Accounts payable		(807,265	)
Other current liabilities		(76,839	)
Total liabilities assumed		(884,104	)
Net assets		(74,834	)
Non-controlling interest		(36,669	)
Total net assets		(38,165	)
Goodwill	$	1,838,165

NOTE 4 - ACQUISITIONS - Unaudited Pro Forma Results of Operations

	Nine Months Ended
	September 30,
	2022			2021
Revenues	$	69,165,130		$	59,028,492
Cost of revenues		66,683,557			56,430,726
Gross profit		2,481,573			2,597,766
Operating expenses		4,322,526			4,724,857
Operating loss		(1,840,953	)		(2,127,091	)
Other expense		(38,073	)		(820,593	)
Net Loss	$	(1,879,026	)	$	(2,947,684	)