General form of registration statement for all companies including face-amount certificate companies

Business Combination (Tables)

v3.20.1
Business Combination (Tables)
12 Months Ended
Dec. 31, 2019
Business Combination [Abstract]
Schedule of fair value of the assets acquired and the liabilities recognized
Assets acquired:
Cash $ 10,353
Property, plant and equipment 1,975,864
Customer list 940,000
Trade names 140,000
Goodwill 4,337,660
Other intangibles 22,300
Total assets acquired 7,426,177
Liabilities assumed:
Affiliate advances (3,013,706 )
Accounts payable (241,716 )
Debt (120,447 )
Total liabilities assumed (3,375,869 )
Non-controlling interests (712,854 )
$ 3,337,454