Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION (Tables)

v3.21.2
ACQUISITION (Tables)
9 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of aggregate preliminary fair value
Amount
Cash, net of cash acquired of $94,450 $ 155,550
Contingent Consideration - Earnout Agreement 1,000,000
265,164,070 shares of common stock 1,617,501
Total preliminary consideration transferred $ 2,773,051
Schedule summarizes the preliminary allocation of the fair values
Accounts Receivable $ 26,875
Inventory 7,816
Other Assets 518
Goodwill 2,925,884
Accounts payable (181,042 )
Other accrued liabilities (7,000 )
Net assets acquired $ 2,773,051
Schedule of pro-forma consolidated results of operations

Three months ended

September 30,

Nine months ended

September 30,

2021 2020 2021 2020
Revenue $ 442,178 $ 62,816 $ 886,417 $ 297,037
Operating loss (1,419,665 ) (580,152 ) (3,275,525 ) (1,928,929 )
Net loss (1,764,592 ) (1,861,211 ) (7,297,520 ) (4,247,716 )
Net loss per common share $ (0.00 ) $ (0.00 ) $ (0.00 ) $ (0.01 )
Weighted Average common shares outstanding 5,266,505,915 1,444,024,204 5,057,632,261 783,425,637