Significant and Critical Accounting Policies and Practices (Tables)

9 Months Ended

Sep. 30, 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 dates and for the reporting periods as follows:

Name of consolidated subsidiary or entity	State or other jurisdiction of incorporation or organization	Date of incorporation or formation	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 Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following table shows the outstanding dilutive common shares excluded from the diluted net income (loss) per share calculation as they were anti-dilutive:

	September 30, 2016		September 30, 2015
Stock options		4,419,000		7,580,000
Total		4,419,000		7,580,000

Summary of Computation of Loss per Share

The computations of basic and diluted net income attributable to common stockholders are as follows:

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2016				September 30, 2016
	Income		Shares (a)		Income		Shares (a)
Net income attributable to common stockholders	$	365,216			$	749,885
Basic net income per common share	$	0.01		51,368,386	$	0.01		51,368,386
Net income attributable to common stockholders	$	365,216		51,368,386	$	749,885		51,368,386
Dilutive securities:
Options		-		-		-		-
Diluted net income	$	365,216		51,368,386	$	749,885		51,368,386
Diluted net income per common share	$	0.01			$	0.02

(a) - Weighted-average common shares outstanding.

Schedule of Contingent Share Issuance Arrangements, Stock Options and Warrants

The Company’s contingent share issuance arrangements, stock options and warrants are as follows:

	Contingent share issuance arrangements, stock options and warrants
	September 30, 2016		September 30, 2015
Stock options		4,419,000		7,580,000
Total contingent share issuance arrangements, stock options and warrants		4,419,000		7,580,000