COMMITMENTS

6 Months Ended

Jun. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS

The Company had the following financial commitments, represented by lease agreements, as of June 30 2016,

Year ending December 31,
	2016	$	45,181
	2017		103,271
	2018		50,013
		$	198,465

Rent expense for the three and six months ended June 30, 2016 was $3,561 and $7,122 compared to $1,187 and $1,187 for the same period in the prior year.  All rental amounts are presented in discontinued operations.

On March 15, 2015 the Company entered into a 38-month lease agreement for office space 322 Nancy Lane, Suite 7, Knoxville, Tennessee.   This office was the former operational headquarters for the Company.  The Company is currently working with the landlord to find another tenant for this space and remove this obligation.

On April 25, 2016 the Company entered into a lease agreement for virtual office space on New York City, New York to conduct Company business and investor relations.  Rent payments commenced on May 1, 2016.  Total commitment is $2,790 with expiration of April 30, 2016.

On June 20, 2016, White Fox Japan LLC, the Company’s majority owned subsidiary entered into an approximately two-year lease for office space.  The lease will commence on August 1, 2016, expiring June 19, 2018.  Rent is fixed over the lease period at $7,300 per month.