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PROVISION FOR INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of Components of Provision for Income Taxes

As of March 31, 2016, there is no provision for income taxes, current or deferred.

 

Net operating losses carryforward   $                      3,277,580  
Valuation allowance                         (3,277,580 )
    $ -  

 

Reconciliation of Effective Tax Rate as a Percentage of Income Before Taxes and Federal Statutory Rate

A reconciliation of the Company’s effective tax rate as a percentage of income before taxes and the statutory rate for year ended March 31, 2016 is summarized below:

 

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