XML 28 R18.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Tax (Tables)
12 Months Ended
Dec. 31, 2015
Income Tax [Abstract]  
Summary of deferred tax assets
    12/31/2015     12/31/2014  
Deferred tax asset            
Net operating loss carryforward   $ 105,804       529  
Unrealized loss on securities     -       -  
Business combination expenses     -       -  
Total deferred tax assets     105,804       529  
Valuation Allowance     (105,804 )     (529 )
Deferred tax asset, net of allowance   $ -       -  
Summary income tax provision (benefit)
    Year Ended
12/31/15
    Year Ended
12/31/14
 
Federal            
Current   $ -     $ -  
Deferred     (89,484 )     (450 )
State and Local                
Current     -       -  
Deferred     (15,791 )     (79 )
Change in valuation allowance     105,275       529  
Income tax provision (benefit)   $ -     $ -  
Summary of reconciliation of the statutory tax rate
    Year Ended 
12/31/15
    Year Ended 
12/31/14
 
Statutory federal income tax rate     -34.0 %     -34.0 %
State taxes, net of federal tax benefit     -6.0 %     -6.0 %
Change in valuation allowance     40.0 %     40.0 %
Income tax provision (benefit)     0.0 %     0.0 %