CLS Holdings USA, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Acquisition of Alternative Solutions (Tables)

3 Months Ended

Aug. 31, 2019

The acquisition date estimated fair value of the consideration transferred totaled $27,975,650, which consisted of the following:

Initial purchase price	$	2,050,000
Cash paid in connection with transaction		5,995,543
Note payable		3,810,820
Contingent consideration		678,111
Common stock		15,441,176
Total purchase price	$	27,975,650

Net tangible assets	$	595,151
Intangible assets		1,637,600
Goodwill		25,742,899
Total purchase price	$	27,975,650

The following table sets forth the unaudited pro forma results of the Company as if the acquisition of the Oasis LLCs was effective on June 1, 2018.

	Three Months Ended August 31, 2018
	(unaudited)
Revenues	$	1,665,744
Net loss	$	(12,016,196	)
Basic net loss per share	$	(0.18	)
Diluted net loss per share	$	(0.18	)
Weighted average shares - basic		67,913,333
Weighted average shares - diluted		67,913,333