Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.8.0.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2017
Income Taxes Tables  
Schedule of Effective Rate Differs form Statutory Rate

The effective rate differs from the statutory rate of 3% due to the following:

 

         
                 
                 
                 
                 
                 
                 
Schedule of Deferred Tax Asset

The Company’s deferred taxes as of December 31, 2017 and 2016 consist of the following:

 

    2017   2016
Non-Current deferred tax asset:                
 Net operating loss carry-forwards   $ 41,560,772     $ 9,446,184  
 Valuation allowance     (41,560,772 )     (9,446,184 )
 Net non-current deferred tax asset   $ —       $ —