INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Provision for income taxes

	2015			2014
Current:
Federal	$	(759,428	)	$	-
State		2,400			-
Total current		(757,028	)		-
Deferred:
Federal		(67,000	)		1,680,000
State		34,000			300,000
Change in valuation allowance		33,000			(1,980,000	)
Total deferred		-			-
Income tax provision (benefit)	$	(757,028	)	$	-

Deferred Tax Assets

	2015			2014
Net operating loss carry-forwards	$	3,521,000		$	2,218,000
State taxes		1,000			-
Equity based instruments		2,181,000			1,515,000
Deferred compensation		575,000			361,000
Intangibles		158,000			173,000
Derivative liabilities		331,000			-
Warrants		-			759,000
Other		106,000			46,000
Total deferred tax assets		6,873,000			5,072,000
Intangibles		(1,687,000	)		-
Debt discount		(142,000	)		-
Other		(5,000	)		-
Total deferred tax liabilities		(1,834,000	)		-
Less: valuation allowance		(5,039,000	)		(5,072,000	)
Net deferred tax assets		-			-

Effective Income Tax Rate Reconciliation

	2015		2014
Expected federal tax	34.00	%	34.00	%
State tax (net of federal benefit)	(0.04	)%	6.13	%
Release of valuation allowance	18.10	%	-	%
Other	(0.01	)%	0.89	%
Valuation allowance	(33.97	)%	(41.02	)%
Total	18.08	%	-	%