| Summary of Acquisition purchase price |
| |
|
Preliminary |
|
|
|
|
|
Final |
|
| |
|
as of |
|
|
|
|
|
as of |
|
| |
|
04/01/16 |
|
|
Adjustments |
|
|
12/31/16 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets (Inclusive of Cash of
$163,566)
|
|
$ |
792,447 |
|
|
$ |
– |
|
|
$ |
792,447 |
|
| Property, Plant and Equipment |
|
|
681,896 |
|
|
|
– |
|
|
|
681,896 |
|
| Customer Relationships |
|
|
7,480,800 |
|
|
|
379,200 |
|
|
|
7,860,000 |
* |
| Trade Name |
|
|
4,280,000 |
|
|
|
1,040,000 |
|
|
|
5,320,000 |
* |
| Dispensary License |
|
|
8,214,700 |
|
|
|
2,055,300 |
|
|
|
10,270,000 |
* |
| Liabilities |
|
|
(2,355,938 |
) |
|
|
– |
|
|
|
(2,355,938 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Identifiable Net Assets |
|
|
19,093,905 |
|
|
|
3,474,500 |
|
|
|
22,568,405 |
|
| Goodwill |
|
|
32,395,760 |
|
|
|
(3,474,500 |
) |
|
|
28,921,260 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Assets |
|
$ |
51,489,665 |
|
|
$ |
– |
|
|
$ |
51,489,665 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|