Quarterly report pursuant to Section 13 or 15(d)

Business Combinations (Tables)

v3.10.0.1
Business Combinations (Tables)
9 Months Ended
Sep. 30, 2018
Sucker Punch [Member]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
As consideration for the acquisition of SuckerPunch, the Company delivered the following amounts of cash and shares of common stock.
 
 
 
Cash
 
 
Shares
 
 
Warrant

Grant
 
 
Consideration

Paid
 
SuckerPunch
 
$
357,500
 
 
 
307,487
 
 
 
93,583
 
 
$
1,686,347
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table reflects the final allocation of the purchase price for SuckerPunch to identifiable assets, intangible assets, goodwill and identifiable liabilities:
 
 
 
Final Fair Value
 
Cash
 
$
 
Accounts receivable, net
 
 
 
Intangible assets
 
 
210,000
 
Goodwill
 
 
1,522,605
 
Total identifiable assets
 
$
1,732,605
 
Total identifiable liabilities
 
 
(46,258
)
Total purchase price
 
$
1,686,347
 
Fight Time Promotions, LLC [Member]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
As consideration for the acquisition of the MMA promotion business of Fight Time, the Company delivered the following amounts of cash and shares of common stock.
 
 
 
Cash
 
 
Shares
 
 
Consideration

Paid
 
Fight Time
 
$
84,000
 
 
 
74,667
 
 
$
371,468
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table reflects the final allocation of the purchase price for the business of Fight Time to identifiable assets, intangible assets, goodwill and identifiable liabilities:
 
 
 
Final Fair Value
 
Cash
 
$
 
Accounts receivable
 
 
 
Intangible assets
 
 
140,000
 
Goodwill
 
 
231,468
 
Total identifiable assets
 
$
371,468
 
Total identifiable liabilities
 
 
 
Total purchase price
 
$
371,468
 
National Fighting Championships [Member]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
As consideration for the acquisition of the MMA promotion business of NFC, the Company delivered the following amounts of cash and shares of common stock.
  
 
 
Cash
 
 
Shares
 
 
Consideration

Paid
 
NFC
 
$
140,000
 
 
 
273,304
 
 
$
506,227
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table reflects the final allocation of the purchase price for the business of NFC to identifiable assets, intangible assets, goodwill and identifiable liabilities:
 
 
 
Final Fair Value
 
Cash
 
$
 
Accounts receivable
 
 
 
Fixed assets
 
 
20,000
 
Intangible assets
 
 
180,000
 
Goodwill
 
 
306,227
 
Total identifiable assets
 
$
506,227
 
Total identifiable liabilities
 
 
 
Total purchase price
 
$
506,227
 
Fight Club OC [Member]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
As consideration for the acquisition of the MMA promotion business of Fight Club OC, the Company delivered the following amounts of cash and shares of common stock.
 
 
 
Cash
 
 
Shares
 
 
Consideration

Paid
 
Fight Club OC
 
$
207,900
 
 
 
693,000
 
 
$
1,018,710
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table reflects the final allocation of the purchase price for the business of the Fight Club OC to identifiable assets, intangible assets, goodwill and identifiable liabilities, and preliminary pro forma intangible assets and goodwill:
 
 
 
Final Fair Value
 
Cash
 
$
159,000
 
Accounts receivable
 
 
 
Intangible assets
 
 
270,000
 
Goodwill
 
 
748,710
 
Total identifiable assets
 
$
1,177,710
 
Total identifiable liabilities
 
 
(159,000
)
Total purchase price
 
$
1,018,710
 
Victory Fighting Championship [Member]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
As consideration for the acquisition of the MMA promotion business of Victory, the Company delivered the following amounts of cash and shares of common stock.
 
 
 
Cash
 
 
Shares
 
 
Consideration

Paid
 
Victory Fighting Championship
 
$
180,000
 
 
 
267,891
 
 
$
822,938
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table reflects the final allocation of the purchase price for the business of Victory to identifiable assets, intangible assets, goodwill and identifiable liabilities:
 
 
 
Final Fair Value
 
Cash
 
$
 
Accounts receivable
 
 
32,180
 
Fixed assets
 
 
30,000
 
Intangible assets
 
 
290,000
 
Goodwill
 
 
578,167
 
Total identifiable assets
 
$
930,347
 
Total identifiable liabilities
 
 
(107,409
)
Total purchase price
 
$
822,938