INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes Tables

Deferred tax asset

The income tax effect of temporary differences between financial and tax reporting and net operating loss carryforwards gives rise to a deferred tax asset at December 31, 2015 and 2014 as follows:

	2015			2014
Deferred tax asset –NOL’s	$	11,040,000		$	6,800,000
Less valuation allowance		(11,040,000	)		(6,800,000	)
Net deferred tax asset	$	-		$	-