Income Taxes (Tables)

5 Months Ended

Dec. 31, 2016

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets consist of the following components:

	2016
Deferred tax assets:
Accrued liabilities not currently deductible	$	64,210
Net operating loss and capital loss carryforwards		506,259
Gross deferred tax assets		570,469
Valuation allowance		(417,581)
Gross deferred tax assets net of valuation allowance		152,888

Deferred tax liabilities
Stock-based compensation		16,625
Website development costs and fixed assets		136,263

Net deferred tax asset	$	-

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The provision for income taxes on the statement of comprehensive loss differs from the amount computed by applying the statutory Federal income tax rate to income before the provision for income taxes, as follows:

	2016

Federal expense expected at statutory rate	$	(743,838)	34.0	%
Permanent differences		373,367	-17.1	%
Change in valuation allowance		370,470	-16.9	%

Tax benefit and effective tax rate	$	-