Quarterly report pursuant to Section 13 or 15(d)

2. ACQUISITIONS: Schedule of Price consideration (Tables)

v3.21.1
2. ACQUISITIONS: Schedule of Price consideration (Tables)
9 Months Ended
Feb. 28, 2021
Tables/Schedules  
Schedule of Price consideration

 

The price consideration is as follows:

 

 

Cash consideration

$

1,994,000

Notes payable

 

6,706,439

Consulting service contract liability

 

848,010

Non-compete payable

 

481,211

Assumption of seller debt

 

200,000

Assumed long term liabilities

 

1,394,533

Rollover equity

 

613,693

Total purchase price consideration

$

12,237,886