Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.23.1
Acquisition (Tables)
3 Months Ended
Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Price Allocation at Fair Value

A summary of the purchase price allocation at fair value is below.

Schedule of Purchase Price Allocation at Fair Value

   

Purchase

Allocation

 
Vehicles   $ 153,000  
Customer list     66,413  
Loading rack license     58,857  
Other identifiable intangibles     56,124  
Goodwill     36,856  
Purchase Allocation   $ 371,250  
The purchase price was paid as follows:

The purchase price was paid as follows:

Schedule of Business Acquisitions by Acquisition Issued or Issuable

         
Cash   $ 321,250  
Common stock     50,000  
Purchase Allocation   $ 371,250