Income Taxes (Tables)

6 Months Ended

Jun. 30, 2017

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

Deferred tax assets consist of the following components:

	June 30,
	2017
Deferred tax assets:
Accrued liabilities not currently deductible	$	71,211
Stock-based compensation		76,995
Net operating loss and capital loss carryforwards		1,386,186
Gross deferred tax assets		1,534,392
Valuation allowance		(1,088,770)
Gross deferred tax assets net of valuation allowance		445,622

Deferred tax liabilities
Stock-based compensation		16,625
Website development costs and fixed assets		428,997

Net deferred tax asset	$	-

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

The provision for income taxes on the consolidated statement of operations differs from the amount computed by applying the statutory Federal income tax rate to income before the provision for income taxes for the six months ended, as follows:

	June 30,
	2017

Federal expense (benefit) expected at statutory rate	$	(881,686)	34.0	%
Permanent differences		215,816	-8.3	%
Change in valuation allowance		665,870	-25.7	%

Tax benefit and effective tax rate	$	-	0	%