Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes Tables

Schedule of deferred tax assets and liabilities

	2016			2015
Deferred tax assets:
Net operating loss and contribution carryforwards	$	3,217,000		$	2,646,000
Intangible asset		158,000			84,000
Capital loss carryforward		236,000			-
Stock-based compensation		139,000			46,000
		3,750,000			2,776,000
Valuation allowance		(3,750,000	)		(2,776,000	)
Net deferred tax assets	$	-		$	-

Reconciliation of the statutory federal income tax expense (benefit)

	2016			2015
Statutory federal income tax rate		34	%		34	%
Permanent differences and other		13	%	(22		)%
Valuation allowance	(47		)%	(12		)%
		0	%		0	%