BUSINESS COMBINATION (Tables)
9 Months Ended
Sep. 30, 2021
Business Combinations [Abstract]  
Allocation of the purchase consideration

The allocation of the purchase consideration is as follows:

    

April 27,

2021

Fair value of shares issued

$

5,689,755

Cash consideration

 

750,000

Fair value of prior investment in EON Media Group

 

1,615,030

Total consideration paid

$

8,054,785

Schedule of preliminary purchase price allocation

The purchase price allocation is as follows:

    

April 27,

2021

Cash and cash equivalents

$

63

Goodwill

 

5,829,722

Brand name intangible asset

 

2,300,000

Current liabilities

(75,000)

Total purchase price allocation

$

8,054,785