4. INTANGIBLE ASSETS AND ACQUISITION (Tables)

12 Months Ended

Dec. 31, 2015

Intangible Assets

	December 31, 2015
	Remaining			Accumulated		Net Carrying
	Useful Life	Cost		Amortization		Value
Customer lists	13.7 years	$	24,187,452	$	4,687,090	$	19,500,362
Non compete agreement	4.2 years		206,000		50,301		155,699
Website	3.9 years		13,920		3,016		10,904
		$	24,407,372	$	4,740,407	$	19,666,965

	December 31, 2014
	Remaining			Accumulated		Net Carrying
	Useful Life	Cost		Amortization		Value
Capitalized software	5.0 years	$	434,532	$	-	$	434,532
Customer list	4.5 years		14,007,452		1,867,660		12,139,792
Loan fees	4.5 years		50,613		11,248		39,365
Non compete agreement	4.5 years		150,000		20,000		130,000
Website	4.9 years		13,920		232		13,688
		$	14,656,517	$	1,899,140	$	12,757,377

Christian Disposal LLC

Aggregate purchase price and assets acquired and liabilities assumed

Cash consideration	$	13,008,109
Restricted stock consideration		2,625,000
Convertible Promissory Note		1,250,000
Contingent additional purchase price		1,000,000
Total	$	17,883,109

Estimated fair value

Cash	$	197,173
Accounts receivable		974,538
Prepaid expense		84,196
Other current assets		53,810
Customer lists intangible assets		8,180,000
Non-competition agreement intangible asset		56,000
Goodwill		5,849,332
Property, plant, and equipment		4,640,798
Account payable		(1,001,721	)
Deferred revenue		(1,007,525	)
Accrued expenses		(106,396	)
Capital lease		(37,096	)
Total	$	17,883,109

Eagle Ridge

Estimated fair value

Cash	$	470
Accounts receivable		272,480
Prepaid expense		6,870
Customer lists intangible assets		2,000,000
Landfill permit (including ARO)		3,396,519
Goodwill		1,630,310
Land		1,550,000
Property, Plant, and Equipment		1,090,575
Deferred revenue		(87,218	)
Asset retirement obligation - permits		(196,519	)
Total	$	9,663,487

Pro forma results

				Successor			Predecessor
	Year Ended December 31, 2015			Period from Acquisition May 16, 2014 to December 31, 2014			Period from January 1, 2014 to May 15, 2014
Total Revenue	$	28,861,001		$	17,872,328		$	10,199,328
Net (loss) income		(17,763,377	)		(1,581,195	)		916,391
Basic net loss per share	$	(1.23	)	$	(0.16	)	$	-

MWS

Aggregate purchase price and assets acquired and liabilities assumed

Cash consideration	$	11,000,000
Estimated value of common stock issued to sellers		1,978,750
Estimated value of preferred stock issued to sellers		7,121,000
Total	$	20,099,750

Estimated fair value

Accounts receivable	$	632,322
Prepaid expenses		123,544
Deposits		8,303
Containers		2,710,671
Furniture and equipment		299,450
Trucks		4,243,964
Customer lists		14,007,452
Non-compete agreement		150,000
Accounts payable and accrued expenses		(54,387	)
Notes payable		(143,464	)
Deferred revenue		(1,878,105	)
Total	$	20,099,750