Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.7.0.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Significant components of the deferred tax assets and liabilities as of December 31, 2016 and December 31, 2015, after applying enacted corporate income tax rates, are as follows:
 
 
 
December 31, 2016
 
December 31, 2015
 
Deferred income tax asset:
 
 
 
 
 
 
 
Net operating and passive activity loss carry forward
 
$
1,438,000
 
$
460,000
 
Valuation allowance
 
 
(1,438,000)
 
 
(460,000)
 
Net deferred tax asset
 
$
-
 
$
-