PROVISION FOR INCOME TAXES

9 Months Ended

Sep. 30, 2015

Income Tax Disclosure [Abstract]

PROVISION FOR INCOME TAXES

As of September 30, 2015 there is no provision for income taxes, current or deferred.

Net operating losses carryforward	$	2,623,100
Valuation allowance		(2,623,100	)
	$	-

The Company has approximately $7,715,000 in net operating losses as of September 30, 2015. A reconciliation of the Company’s effective tax rate as a percentage of income before taxes and the statutory rate for six months ended September 30, 2015 is summarized below:

Federal rate	34	%
State rate	-
Combined Tax Rate	34	%
Valuation allowance	(34	%)
	0	%