7. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes Tables

Effective tax rate

	Years Ended December 31,
	2015			2014
Computed "expected" benefit	$	(6,538,843	)	$	(773,000	)
Effect of state income taxes, net of federal benefit		(769,276	)		(136,000	)
Effect of change in tax rates		-			(280,760	)
Pre-acquisition losses		-			640,000
Stock based compensation and other permanent differences		4,577,831			-
Increase in valution allowance		2,730,288			549,760
	$	-		$	-

Deferred tax assets and liabilities

	Years Ended December 31,
	2015			2014
Net operating loss carry forward	$	4,686,288		$	1,956,000
Less:  Valuation allowance		(4,686,288	)		(1,956,000	)
	$	-		$	-