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Significant and Critical Accounting Policies and Practices (Tables)
3 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Schedule of Consolidated Interest in Controlling Entities

The condensed consolidated financial statements include all accounts of the entities as of the reporting period ending date(s) and for the reporting period(s) as follows:

 

Name of consolidated
subsidiary or entity
  State or other jurisdiction of
incorporation or organization
  Date of incorporation
or formation (date of
acquisition, if applicable)
  Attributable interest  
               
KTC Corp.   The State of Nevada, U.S.A.   September 20, 2010     100 %
                 
Kicking the Can L.L.C.   The State of Delaware, U.S.A.   April 17, 2009     100 %
                 
Wizard World Digital, Inc.   The State of Nevada, U.S.A.   March 18, 2011     100 %
                 
Wiz Wizard, LLC   The State of Delaware, U.S.A.   December 29, 2014     100 %
                 
ButtaFyngas, LLC   The State of Delaware, U.S.A.   April 10, 2015     50 %

 

Schedule of Estimated Useful Life

Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows:

 

    Estimated Useful
Life (Years)
 
       
Computer equipment   3  
       
Equipment   2-5  
       
Furniture and fixture   7  

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The Company’s contingent shares issuance arrangement, stock options or warrants are as follows:

 

    Contingent shares issuance
arrangement, stock options or warrants
 
    For the Three
Months Ended
March 31, 2016
    For the Three
Months Ended
March 31, 2015
 
             
Stock options     9,933,500       9,680,000  
                 
Total contingent shares issuance arrangement, stock options or warrants     9,933,500       9,680,000