Annual report pursuant to Section 13 and 15(d)

ASSET ACQUISITION (Tables)

v3.22.2
ASSET ACQUISITION (Tables)
12 Months Ended
Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
SCHEDULE OF CONSIDERATION ALLOCATED TO ACQUIRED ASSETS

The $10,136,000 consideration was allocated to the assets acquired based on their relative fair value:

 

Equipment   $ 7,015,000       69.2 %
Vehicles     202,000       2.0 %
Buildings     2,797,000       26.6 %
Land     122,000       1.2 %
    $ 10,136,000       100 %