Note 3. Acquisition and Contribution Agreement On November 28, 2018, Company entered into a definitive agreement (the MIPS) with Entsorga USA, Inc. (EUSA) whereby EUSA agreed to sell, transfer and convey to BioHiTech 2,687 membership units of Entsorga West Virginia, LLC (EWV) (the Membership units) in consideration of 714,519 shares of BioHiTechs newly created Series E convertible preferred stock (the Sr. E CPS). At the time, EWV was a facility under construction that is intended to utilize HEBioT technology to divert municipal solid waste from landfills and to create an EPA recognized alternative commodity fuel, which has since commenced operations. On December 14, 2018, the EUSA transaction was consummated. The 714,519 shares of Sr. E CPS were valued at $1,886,630 based on the underlying common shares which the Sr. E CPS is convertible into. The total acquisition price of $2,863,583 is comprised of the aforementioned transaction, plus $976,953 of previously held equity in EWV. Upon consummation of the MIPS agreement BioHiTech owned a total of 4,410.4 membership units of EWV, comprised of the 2,687 units resulting from the MIPS agreement and 1,723.4 units previously acquired by BioHiTech during 2017. The 4,410.4 membership units represented 44.1% of the total membership units issued by EWV, which combined with BioHiTechs control of EWVs board, management and having the largest ownership block of EUSA, with the next largest block, which represents 34.1%, an entity over which BioHiTech has controlling financial interest, results in the investment being recognized in the Companys financial statements on a consolidated basis. The estimated fair values of the assets acquired, and the liabilities assumed at the acquisition date are: December 14, 2018 Restricted cash $ 6,773,384 HEBioT facility under construction 32,784,920 MBT license 1,890,000 Total identified assets acquired 41,448,304 Account payable 65,943 Accrued liabilities 4,311,591 Long-term debt 31,085,902 Total liabilities assumed 35,463,436 Identifiable net assets acquired 5,984,868 Goodwill 58,000 Net assets acquired 6,042,868 Less non-controlling interest (3,179,285) Net identifiable assets acquired by Company $ 2,863,583 The following presents unaudited pro forma information as if the acquisition had occurred as of January 1, 2018. The pro forma results do not include any anticipated cost synergies or other effects of the integration of the acquired company. Pro forma amounts are not necessarily indicative of the results that actually would have occurred had the acquisition been completed on the dates indicated, nor is it indicative of future operating results of the combined company. (Unaudited) 2019 2018 Revenue $ 4,219,448 $ 3,359,324 Net loss attributable to Parent (7,622,948) (15,062,634) Proforma earnings per share  basic and diluted (0.56) (1.13) Following the consummation of the MIPS, on December 14, 2018, BioHiTech entered into a Contribution and Transaction Agreement (CTA) with Gold Medal Group, LLC (GMG) and a newly formed subsidiary Refuel America, LLC (Refuel) of the Company whereby GMG contributed $3,500,000 in cash and its 34.1% ownership interest in EVW (owned by GMGs wholly owned subsidiary Apple Valley Waste Technologies, LLC) into Refuel and BioHiTech contributed its 44.1% interest in EWV, a technology license for a future HEBioT facility that BioHiTech carried at a value of $6,019,200 and $316,207 in capitalized costs relating to two separate HEBioT facility on-going projects. In exchange for the assets contributed, BioHiTech and GMG acquired 60% and 40%, respectively, of the membership units of Refuel, which approximate the carrying value of each of the BioHiTech and GMG assets contributed. As a result of there being a continuation in proportional ownership of the significant assets and the affiliate nature BioHiTech and GMG through a non-controlling interest of GMG being owned by BioHiTech and there being a management agreement between GMGs largest subsidiary, Gold Medal Holdings, LLC (GMH) whereby BioHiTech provides executive management of GMH with control over the strategic and operational activities of GMH, the CTA transaction has been accounted for without separate acquisition accounting applied to the CTA elements.