INCOME TAXES (Table)

3 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Reconciliation of benefit (expense) for income taxes

Reconciliation of the benefit (expense) for income taxes with amounts determined by applying the statutory federal income rate of 21% in 2018 and 34% in 2017 and 2016 to the respective losses before income taxes as follows:

	2018			2017			2016
Net (Loss)	$	(1,797,228	)	$	(5,788,901	)	$	(155,024	)
Benefit (expense) for income taxes computed using the statutory rate of 21% and 34%		377,418			1,968,226			52,708
Non-deductible expense		(161,864	)		(360,952	)		(5,274	)
Re-measurement of deferred income taxes due to tax reform		-			(632,683	)		-
Change in valuation allowance		(215,554	)		(974,591	)		(47,434	)
Provision for income taxes	$	-		$	-		$	-

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company's deferred tax liabilities and assets at March 31, 2018 and 2017 are as follows:
	2018			2017				2016
Total deferred tax assets – net operating losses	$	1,237,579			$	1,022,025			$	47,434
Deferred tax liabilities		-				-				-
Net deferred tax assets		1,237,579			$	1,022,025				47,434
Valuation allowance	$	(1,237,579	)		$	(1,022,025	)		$	(47,434	)
	$	-			$	-			$	-

Summary of Operating Loss Carryforwards

At March 31, 2018, net operating loss ("NOL") carry forwards summary follows:

Expiring December 31,
2036	$	139,512
2037		4,727,276
		4,866,788
2018 Non-Expiring NOL		1,026,447
Total NOL Carryforward	$	5,893,235