NOTE 5  BUSINESS COMBINATION Tierra Science Global On July 26, 2018, the Company acquired 100% of the membership interests of Tierra Science Global, LLC (Tierra), a nutraceutical business, for which it: (i) issued to that Companys owners 2,000,000 shares of the Companys common stock, valued at $246,000 based on the closing price of the common stock on that day and (ii) entered into employment agreements with the Companys principal executives. Pursuant to those employment agreements, each of the Tierras two sellers was contacted to receive: (i) the greater of $2,000 per month or 2.5% of the prior months gross margin from sales and (ii) $25,000 of Company common stock for each $500,000 in cumulative net profits. The Company intends to expand Tierras product offering to include various cannabidiol products branded as powered by Freedom Leaf. Purchase Consideration: The provisional fair value of the purchase consideration issued to the sellers of Tierra was allocated to the net tangible assets acquired. We accounted for the acquisition of Tierra as the purchase of a business under GAAP under the acquisition method of accounting, the assets and liabilities acquired were recorded as of the acquisition date, at their respective fair values and consolidated with those of our company. The fair value of the net assets acquired, net of liabilities assumed, was approximately $300,630. The excess of the aggregate fair value of the net tangible and intangible assets has been treated as goodwill. The purchase price allocation was based, in part, on managements knowledge of Tierras business and is preliminary. Once the Company completes its analysis to finalize the purchase price allocation, which includes finalizing the valuation report from a third-party appraiser and a review of potential intangible assets, it is reasonably possible that there could be significant changes to the preliminary values below. Provisional consideration given: Cash Consideration Common stock shares given 300,630 Notes payable assumed 129,800 Total consideration given $ 430,430 Assets acquired and liabilities assumed at preliminary fair value: Current assets $ 1,210 Current liabilities 33,780 Net Working Capital (32,570 ) Property and equipment 15,000 Trade names and trademarks * 55,000 Customer contracts and relationships* 209,000 Other intangible assets * 184,000 Total Consideration $ 430,430 * We are reviewing for potential intangible assets, which potentially may change the intangible assets. The following presents the pro-forma combined results of operations of the Company with Tierra as if the entities were combined on July 1, 2017. For the Three Months Ended September 30, 2018 Revenues, net $ 644,039 Net loss allocable to common stockholders (1,131,157 ) Net loss per common share $ (0.01 ) Weighted-average number of share outstanding 195,296,119 Revenue recognized by Tierra from acquisition through September 30, 2018 was $118,643. The pro-forma results of operations are presented for information purposes only. The pro-forma results of operations are not intended to present actual results that would have been attained had the acquisitions been completed as of July 1, 2018 or to project potential operating results as of any future date or for any future periods.