Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

v3.7.0.1
INCOME TAXES (Details 2) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Deferred tax assets:    
Net operating loss carry forwards $ 548,876 $ 247,200
Share-based compensation 216,310 280,190
Accural to cash (158,698) 215,476
Other 1,396,446 1,280,651
Total deferred tax assets 2,002,934 2,023,517
Valuation allowance (1,946,334) (1,966,917)
Net deferred tax asset 56,600 56,600
Deferred tax liabilities:    
Tax deductible licensing agreement (56,600) (56,600)
Accrual to cash
Other
Total deferred tax liabilities (56,600) (56,600)
Net deferred tax assets (liabilities)