NOTE 8. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory income tax rates and the Company’s effective tax rate is as follows:

	December 31,
	2018			2017
Statutory U.S. federal rate		(21.00	)%		(34.00	)%
Permanent differences		6.0	%		-
Valuation allowance		15.00	%		34.00	%
Provision for income tax expense(benefit)		0.0	%		0.0	%

Schedule of Deferred Tax Asset

The tax effects of the temporary differences and carry forwards that give rise to deferred tax assets consist of the following:

	2018			2017
Deferred tax assets:
Net operating loss carry-forwards	$	5,569,969		$	8,625,405
Accrued expenses		1,997,776			3,126,279
Total deferred tax assets	$	7,567,745		$	11,751,684
Valuation allowance		(7,567,745	)		(11,751,684	)
Net deferred tax asset	$	-		$	-

Schedule of Components of Income Tax Expense (Benefit)

The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income from continuing operations for the years ended December 31, 2018 and 2017 due to the following:

	2018		2017
Book Income	$	( 902,210)	$	1,121,436
Accrued Interest		16,800		27,200
Stock for Services		167,828		-
Loss on Derivative		233,051		-
Meals & Entertainment		2,548		47
Intangible Impairment		72,768		-
Amortization of Debt Discount		36,669		-
Original Issue Discount		45,652		-
NOL Utilization		-		(1,148,683)
Valuation allowance	$	326,894	$	-