Business Acquisitions (Tables)

6 Months Ended

Dec. 31, 2016

Business Acquisitions Tables

Schedule of Estimated Fair Value of the Consideration Transferred

The acquisition date estimated fair value of the consideration transferred consisted of the following:

Tangible assets acquired	$	417,700
Liabilities assumed		(193,889	)
Net tangible assets		223,811
Non-compete agreements		201,014
Customer list		447,171
Goodwill		1,128,004
Total purchase price	$	2,000,000

Schedule of Unaudited Pro Forma Results of Acquisition of Indaba

These combined results are not necessarily indicative of the results that may have been achieved had the companies been combined as of the first day of the periods presented.

	Six months ended December 31, 2015
Total revenues	$	1,550,427
Net loss		(5,302,091	)
Basic and diluted net earnings per common share	$	(0.04	)