ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of pro forma financial information

The following unaudited proforma financial information gives effect to the Company’s acquisition of FIN as if the acquisition had occurred on January 1, 2016 and had been included in the Company’s consolidated statement of operations for the year ended 2016.

Proforma net revenue	$	2,051,494
Proforma net loss		(9,858,944	)

Schedule for activity of goodwill

The activity for goodwill for the years ending December 31, 2017 and 2016 is as follows:  

Balance, January 1, 2016	$	166,689
Acquisition of FIN Holdings		6,569,354
Balance, December 31, 2016	$	6,736,043
Balance, December 31, 2017	$	6,736,043

Fin Holdings, Inc. [Member]

Schedule of fair values of assets and liabilities

The following table summarizes the total fair value of the consideration transferred as well as the fair values of the assets and liabilities assumed.

Common stock consideration	$	9,000,000
Liabilities assumed		914,218
Total purchase consideration		9,914,218
Current assets		(843,317	)
Property and equipment		(100,339	)
Customer relationships		(1,587,159	)
Intellectual property		(814,049	)
Goodwill	$	6,569,354