INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

INCOME TAXES (Tables)

Summary of deferred tax assets

	2019			2018
Net operating loss carryforward	$	13,536,000		$	13,280,000
Temporary differences		6,988,000			6,988,000
Less valuation allowance		(20,542,000	)		(20,268,000	)
Deferred tax asset, net		-			-

Provision for income taxes differs from amount computed by applying U.S. federal statutory tax rate

	2019			2018
Tax benefit computed at 21%	$	-		$	-
Change in valuation allowance		274,000			3,334,000
Change in carryovers and tax attributes		(274,000	)		(3,334,000	)
Income tax provision	$	-		$	-

Schedule of rate reconciliation

	2019			2018
Federal Tax statutory rate		21.00	%		21.00	%
Valuation allowance		(21.0	)%		(21.0	)%
Effective rate		0.00	%		0.00	%