Annual report pursuant to Section 13 and 15(d)

Income Taxes, Disclosure: Schedule of Deferred Tax Assets and Liabilities (Policies)

v3.7.0.1
Income Taxes, Disclosure: Schedule of Deferred Tax Assets and Liabilities (Policies)
12 Months Ended
Dec. 31, 2016
Policies  
Schedule of Deferred Tax Assets and Liabilities

 

 

December 31, 2016

 

December 31, 2015

Deferred Tax Assets:

 

 

 

Current

 

 

 

   Net operating loss carry forward - Federal

$

4,452,146

 

$

4,338,979

   Net operating loss carry forward - State

 

617,509

 

 

598,096

   Contribution carry forward

 

199

 

 

199

   Accrued liabilities and deferred rent

 

723

 

 

1,519

Total current deferred tax assets

 

5,070,577

 

 

4,938,793

 

 

 

 

 

 

Noncurrent

 

 

 

 

 

   Depreciation

 

(135)

 

 

(16,533)

   Amortization

 

--

 

 

--

Total noncurrent deferred tax (liabilities)/assets

 

(135)

 

 

(16,533)

Total net deferred tax assets

 

5,070,442

 

 

4,992,260

Valuation allowance for deferred tax asset

 

(5,070,442)

 

 

(4,922,260)

   Total deferred tax assets

$

--

 

$

--