Prairie Operating (PROP) 10-K 14 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Apr. 13, 2016	Jun. 30, 2015
Document And Entity Information
Entity Registrant Name	Wizard World, Inc.
Entity Central Index Key	1,162,896
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filer	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 14,853,126
Entity Common Stock, Shares Outstanding		51,368,386
Trading Symbol	WIZD
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 4,723,699	$ 5,790,724
Accounts receivable, net	407,142
Inventory	39,552
Prepaid convention expenses	1,035,265	$ 1,683,376
Prepaid taxes	293,984	293,984
Total Current Assets	6,499,642	7,768,084
Property and equipment, net	$ 250,786	264,742
Investment		24,997
Investment in CONtv joint venture		117,507
Security deposit	$ 21,066	20,066
Total Assets	6,771,494	8,195,396
Current Liabilities
Accounts payable and accrued liabilities	1,577,439	1,594,341
Unearned revenue	3,731,498	2,022,235
Due to CONtv joint venture	111,741	313,412
Total Current Liabilities	5,420,678	3,929,988
Total Liabilities	$ 5,420,678	$ 3,929,988
Stockholders' Equity
Preferred stock par value $0.0001: 20,000,000 shares authorized; 50,000 shares designated Series A convertible preferred stock par value $0.0001: 50,000 shares designated; 39,101 shares issued and converted
Common stock par value $0.0001: 80,000,000 shares authorized; 51,368,386 and 51,358,386 shares issued and outstanding, respectively	$ 5,138	$ 5,137
Additional paid-in capital	17,341,268	16,021,400
Accumulated deficit	(16,013,296)	(11,761,129)
Non-controlling interest	17,706	0
Total Stockholders' Equity	1,350,816	4,265,408
Total Liabilities and Stockholders' Equity	$ 6,771,494	$ 8,195,396
Series A Convertible Preferred Stock [Member]
Stockholders' Equity
Preferred stock par value $0.0001: 20,000,000 shares authorized; 50,000 shares designated Series A convertible preferred stock par value $0.0001: 50,000 shares designated; 39,101 shares issued and converted

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued
Preferred stock, shares converted
Preferred stock, shares designated	50,000	50,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	51,368,386	51,358,386
Common stock, shares outstanding	51,368,386	51,358,386
Series A Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares issued	39,101	39,101
Preferred stock, shares converted	39,101	39,101
Preferred stock, shares designated	50,000	50,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenue
Convention revenue	$ 22,905,636	$ 23,060,178
ConBox revenue	1,120,535
Total revenue	24,026,171	$ 23,060,178
Cost of revenue	18,760,031	14,768,763
Gross margin	5,266,140	8,291,415
Operating expenses
Compensation	5,396,798	4,452,461
Consulting fees	625,111	419,162
General and administrative	2,126,059	1,951,630
Total operating expenses	8,147,968	6,823,253
(Loss) income from operations	(2,881,828)	1,468,162
Other expenses
Interest expense	(2,909)	$ (11,798)
Loss on investment	(24,997)
Loss on CONtv joint venture	(1,324,727)	$ (460,747)
Other expenses, net	(1,352,633)	(472,545)
(Loss) income before income tax provision	$ (4,234,461)	$ 995,617
Income tax provision
Net (loss) income	$ (4,234,461)	$ 995,617
Net income attributable to non-controlling interests	17,706
Net (loss) income attributable to common stockholders	$ (4,252,167)	$ 995,617
Earnings (loss) per share
Basic	$ (0.08)	$ 0.02
Diluted	$ (0.08)	$ 0.02
Weighted average common shares outstanding - basic	51,363,920	51,294,175
Weighted average common shares outstanding - diluted	51,363,920	55,584,150

Consolidated Statements of Stoc

Consolidated Statements of Stockholders’ Equity (Deficit) - USD ($)	Preferred Stock Par Value $0.0001 [Member]	Common Stock Par Value $0.0001 [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Non-controlling Interest [Member]	Total
Balance at Dec. 31, 2013		$ 5,111	$ 15,043,762	$ (12,756,746)		$ 2,292,127
Balance, shares at Dec. 31, 2013		51,104,024
Settlement of liability		$ 25	103,725			103,750
Settlement of liability, shares		250,000
Share-based compensation		$ 2	873,912			$ 873,914
Share-based compensation, shares		16,862
Cancellation of shares erroneously issued		$ (1)	$ 1
Cancellation of shares erroneously issued, shares		(12,500)
Shares issued upon exercise of options, shares
Net (loss) income				$ 995,617		$ 995,617
Balance at Dec. 31, 2014		$ 5,137	$ 16,021,400	$ (11,761,129)		4,265,408
Balance, shares at Dec. 31, 2014		51,358,386
Share-based compensation			1,315,869			1,315,869
Share-based compensation, shares
Shares issued upon exercise of options		$ 1	$ 3,999			$ 4,000
Shares issued upon exercise of options, shares		10,000				10,000
Net (loss) income				$ (4,252,167)	$ 17,706	$ (4,234,461)
Balance at Dec. 31, 2015		$ 5,138	$ 17,341,268	$ (16,013,296)	$ 17,706	$ 1,350,816
Balance, shares at Dec. 31, 2015		51,368,386

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash Flows From Operating Activities:
Net (loss) income	$ (4,234,461)	$ 995,617
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	119,213	$ 45,493
Loss on CONtv joint venture	1,324,727
Loss on investment	24,997
Share-based compensation	1,315,869	$ 873,914
Changes in operating assets and liabilities:
Accounts receivable	(407,142)	17,757
Inventory	(39,552)	27,002
Prepaid expenses	648,111	(1,357,173)
Security deposit	(1,000)	14,734
Accounts payable and accrued liabilities	(16,902)	467,293
Unearned revenue	1,709,263	1,160,608
Net Cash Provided by Operating Activities	443,123	2,245,245
Cash Flows from Investing Activities:
Purchase of property and equipment	$ (105,257)	(259,275)
Investment		(24,997)
Investment in CONtv joint venture - net	$ (1,408,891)	195,905
Net Cash Used In Investing Activities	(1,514,148)	$ (88,367)
Cash Flows from Financing Activities:
Proceeds from the exercise of options	4,000
Net Cash Provided By Financing Activities	4,000
Net change in cash and cash equivalents	(1,067,025)	$ 2,156,878
Cash and cash equivalents at beginning of reporting period	5,790,724	3,633,846
Cash and cash equivalents at end of reporting period	4,723,699	$ 5,790,724
Supplemental disclosures of cash flow information:
Interest paid	$ 2,909
Income tax paid		$ 575,000
Supplemental disclosure of non-cash investing and financing activities:
Issuance of common stock for settlement of accrued liabilities		$ 103,750

Organization and Operations

Organization and Operations	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Operations	Note 1 – Organization and Operations Wizard World, Inc. Wizard World, Inc., formerly GoEnergy, Inc. (“Wizard World” or the “Company”) was incorporated on May 2, 2001, under the laws of the State of Delaware. Kick the Can Corp. Kick The Can Corp. was incorporated on September 20, 2010, under the laws of the State of Nevada. Kicking the Can, L.L.C. Kicking The Can, L.L.C. was formed on April 17, 2009, under the laws of the State of Delaware. Acquisition of Kick the Can Corp. / Wizard Conventions, Inc. Recognized as a Reverse Acquisition On December 7, 2010, the Company entered into and consummated a share exchange agreement (“Share Exchange Agreement”) with successor, Kick the Can Corp. (“KTC Corp.”) and its predecessors Wizard Conventions, Inc. and Kicking The Can, L.L.C. (collectively, “Conventions”). Pursuant to the Exchange Agreement, the Company issued 32,927,596 shares of its common stock to the KTC Corp. shareholders in exchange for 100% of the issued and outstanding shares of KTC Corp. The shares issued represented approximately 94.9% of the issued and outstanding common stock immediately after the consummation of the Share Exchange Agreement. As a result of the controlling financial interest of the former stockholder of Conventions, for financial statement reporting purposes, the merger between the Company and Conventions has been treated as a reverse acquisition with KTC Corp. deemed the accounting acquirer and the Company deemed the accounting acquiree under the acquisition method of accounting in accordance with section 805-10-55 of the FASB Accounting Standards Codification. The reverse merger is deemed a capital transaction and the net assets of KTC Corp. (the accounting acquirer) are carried forward to the Company (the legal acquirer and the reporting entity) at their carrying value before the combination. The acquisition process utilizes the capital structure of the Company and the assets and liabilities of KTC Corp. which are recorded at historical cost. The equity of the Company is the historical equity of KTC Corp. retroactively restated to reflect the number of shares issued by the Company in the transaction. Because of the predecessor/successor relationship between the Company and KTC Corp., Conventions ultimately became the accounting acquirer. Wizard World Digital, Inc. On March 18, 2011, the Company formed a wholly owned subsidiary called Wizard World Digital, Inc., a Nevada corporation (“Digital”). Digital never commenced operations or has employees, and Digital is currently dormant, pending execution of a digital strategy. Wiz Wizard, LLC On December 29, 2014, the Company and a member of the Board of Directors (the “Board”) of the Company formed Wiz Wizard, LLC (“Wiz Wizard”) under the law of the State of Delaware. The Company and the member of the Board each own 50% of the membership interest and shall allocate the profits and losses accordingly upon repayment of the initial capital contributions on a pro rata basis. The Company consolidates its 50% equity interest and reports the remaining 50% equity interest owned by a member of the Board as the non-controlling interest in Wiz Wizard as the management of the Company believes that the Company has the control of Wiz Wizard. In addition, the Company and Wiz Wizard, launched ComicConBox (“ConBox”) in April 2015. ConBox is a subscription-based premium monthly box service featuring collectibles, exclusives, toys, tech and gaming, licensed artwork, superior comics and apparel, Comic Con tickets, special VIP discounts and more, which will be shipped on or around the end of every month. The Company plans to continue to partner with major Comic Con related brands and celebrities to deliver a high quality and variation of products directly to the front doors of its subscribers. On February 4, 2016, the member of the Board assigned his fifty percent (50%) membership interest to the Company. Consequently, Wiz Wizard is a wholly-owned subsidiary of the Company. ButtaFyngas LLC On April 10, 2015, the Company and an unrelated third party formed ButtaFyngas, LLC (“ButtaFyngas”) under the law of the State of Delaware. The Company and the unrelated party each own 50% of the membership interest and shall allocate the profits and losses accordingly upon repayment of the initial capital contributions on a pro rata basis. The Company consolidates its 50% equity interest and reports the remaining 50% equity interest owned by the third party as the non-controlling interest in ButtaFyngas.

Significant and Critical Accoun

Significant and Critical Accounting Policies and Practices	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant and Critical Accounting Policies and Practices	Note 2 – Significant and Critical Accounting Policies and Practices The management of the Company is responsible for the selection and use of appropriate accounting policies and their application. Critical accounting policies and practices are those that are both most important to the portrayal of the Company’s financial condition and results and require management’s most difficult, subjective, or complex judgments, often as a result of the need to make estimates about the effects of matters that are inherently uncertain. The Company’s significant and critical accounting policies and practices are disclosed below as required by generally accepted accounting principles. Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Actual results could differ from those estimates. Principles of Consolidation The consolidated financial statements include all accounts of the entities as of the reporting period ending date(s) and for the reporting period(s) as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest KTC Corp. The State of Nevada, U.S.A. September 20, 2010 100 % Kicking the Can L.L.C. The State of Delaware, U.S.A. April 17, 2009 100 % Wizard World Digital, Inc. The State of Nevada, U.S.A. March 18, 2011 100 % Wiz Wizard, LLC The State of Delaware, U.S.A. December 29, 2014 50 % ButtaFyngas, LLC The State of Delaware, U.S.A. April 10, 2015 50 % All inter-company balances and transactions have been eliminated. Non–controlling interest represents the minority equity investment in the Company’s subsidiaries, plus the minority investors’ share of the net operating results and other components of equity relating to the non–controlling interest. As of December 31, 2015 and 2014, the aggregate non-controlling interest in Wiz Wizard and ButtaFyngas, was $17,706 and $0, respectively, and is separately disclosed on the Consolidated Balance Sheet. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and Paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in US GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally unobservable and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amount of the Company’s assets and liabilities, such as cash, accounts receivable, inventory, prepaid expenses, accounts payable and accrued liabilities, and unearned revenue approximate their fair value because of the short maturity of those instruments. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. Carrying Value, Recoverability and Impairment of Long-Lived Assets The Company has adopted Section 360-10-35 of the FASB Accounting Standards Codification for its long-lived assets. Pursuant to ASC Paragraph 360-10-35-17, an impairment loss shall be recognized only if the carrying amount of a long-lived asset (asset group) is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset (asset group) is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset (asset group). That assessment shall be based on the carrying amount of the asset (asset group) at the date it is tested for recoverability. An impairment loss shall be measured as the amount by which the carrying amount of a long-lived asset (asset group) exceeds its fair value. Pursuant to ASC Paragraph 360-10-35-20, if an impairment loss is recognized, the adjusted carrying amount of a long-lived asset shall be its new cost basis. For a depreciable long-lived asset, the new cost basis shall be depreciated (amortized) over the remaining useful life of that asset. Restoration of a previously recognized impairment loss is prohibited. Pursuant to ASC Paragraph 360-10-35-21, the Company’s long-lived asset (asset group) is tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The Company considers the following to be some examples of such events or changes in circumstances that may trigger an impairment review: (a) significant decrease in the market price of a long-lived asset (asset group); (b) a significant adverse change in the extent or manner in which a long-lived asset (asset group) is being used or in its physical condition; (c) a significant adverse change in legal factors or in the business climate that could affect the value of a long-lived asset (asset group), including an adverse action or assessment by a regulator; (d) an accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of a long-lived asset (asset group); (e) a current-period operating or cash flow loss combined with a history of operating or cash flow losses or a projection or forecast that demonstrates continuing losses associated with the use of a long-lived asset (asset group); and (f) a current expectation that, more likely than not, a long-lived asset (asset group) will be sold or otherwise disposed of significantly before the end of its previously estimated useful life. The Company tests its long-lived assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events. Pursuant to ASC Paragraphs 360-10-45-4 and 360-10-45-5, an impairment loss recognized for a long-lived asset (asset group) to be held and used shall be included in income from continuing operations before income taxes in the income statement of a business entity. If a subtotal such as income from operations is presented, it shall include the amount of that loss. A gain or loss recognized on the sale of a long-lived asset (disposal group) that is not a component of an entity shall be included in income from continuing operations before income taxes in the income statement of a business entity. If a subtotal such as income from operations is presented, it shall include the amounts of those gains or losses. Accounts Receivable and Allowance for Doubtful Accounts Pursuant to FASB ASC Paragraph 310-10-35-47, trade receivables that management has the intent and ability to hold for the foreseeable future shall be reported in the balance sheet at outstanding principal adjusted for any charge-offs and the allowance for doubtful accounts. The Company follows FASB ASC Paragraphs 310-10-35-7 through 310-10-35-10 to estimate the allowance for doubtful accounts. Pursuant to FASB ASC Paragraph 310-10-35-9, losses from uncollectible receivables shall be accrued when both of the following conditions are met: (a) information available before the financial statements are issued or are available to be issued (as discussed in Section 855-10-25) indicates that it is probable that an asset has been impaired at the date of the financial statements, and (b) the amount of the loss can be reasonably estimated. Those conditions may be considered in relation to individual receivables or in relation to groups of similar types of receivables. If the conditions are met, accrual shall be made even though the particular receivables that are uncollectible may not be identifiable. The Company reviews individually each trade receivable for collectability and performs on-going credit evaluations of its customers and adjusts credit limits based upon payment history and the customer’s current credit worthiness, as determined by the review of their current credit information; and determines the allowance for doubtful accounts based on historical write-off experience, customer specific facts and general economic conditions that may affect a client’s ability to pay. Bad debt expense is included in general and administrative expenses, if any. Bad debt expense for the reporting period ended December 31, 2015 and 2014 was $412,117 and $0, respectively. Property and Equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows: Estimated Useful Computer equipment 3 Equipment 2-5 Furniture and fixture 7 Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in the consolidated statements of operations. Investments - Cost Method, Equity Method and Joint Venture In accordance with sub-topic 323-10 of the FASB Accounting Standards Codification (“Sub-topic 323-10”), the Company accounts for investments in common stock of an investee for which the Company has significant influence in the operating or financial policies even though the Company holds 50% or less of the common stock or in-substance common stock. Method of Accounting Investments held in stock of entities other than subsidiaries, namely corporate joint ventures and other non-controlled entities usually are accounted for by one of three methods (i) the fair value method (addressed in Topic 320), (ii) the equity method (addressed in Topic 323), or (iii) the cost method (addressed in Subtopic 325-20). Pursuant to Paragraph 323-10-05-5, the equity method tends to be most appropriate if an investment enables the investor to influence the operating or financial policies of the investee. Investment in CONtv On August 27, 2014, the Company entered into a joint venture and executed an Operating Agreement for CON TV LLC (“CONtv”) with Cinedigm Entertainment Corp. (“Cinedigm”), ROAR, LLC (a related party partially owned by a member of the Board) (“ROAR”) and Bristol Capital, LLC (a related party controlled by a member of the Board) (“Bristol Capital”). The Company owned a 47.50% interest in the newly formed entity, CONtv. The Company was accounting for the interest in the joint venture utilizing the equity method of accounting. For the years ended December 31, 2015 and 2014, the Company recognized $1,324,727 and $460,747 in losses from this venture, respectively. As of December 31. 2015 and 2014, the investment in CONtv was $0 and $117,507, respectively. On November 16, 2015, pursuant to that certain Amended and Restated Operating Agreement for CONtv by and among the aforementioned parties (the “A&R Operating Agreement”), the Company’s ownership interest in CONtv was reduced to 10%. Pursuant to the A&R Operating Agreement, the Company is only obligated to fund on-going costs in the amount of $25,000 in cash on an on-going monthly basis for a period of 12 months following the effective date. Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20, the related parties include: (a.) affiliates of the Company (“Affiliate” means, with respect to any specified Person, any other Person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with such Person, as such terms are used in and construed under Rule 405 under the Securities Act); (b.) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c.) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d.) principal owners of the Company; (e.) management of the Company; (f.) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g.) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements shall include disclosures of material-related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: (a.) the nature of the relationship(s) involved; (b.) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c.) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d.) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. Commitments and Contingencies The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Revenue Recognition and Cost of Revenues The Company follows Paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Unearned convention revenue is deposits received for conventions that have not yet taken place, which are fully or partially refundable depending upon the terms and conditions of the agreements. Unearned ConBox revenue is non-refundable up-front payments for products. These payments are initially deferred and subsequently recognized over the subscription period, typically three months, and upon shipment of the product. The Company recognizes cost of revenues in the period in which the revenues was earned. In the event the Company incurs cost of revenues for conventions that are yet to occur, the Company records such amounts as prepaid expenses and such prepaid expenses are expensed during the period the convention takes place. Equity–based compensation The Company recognizes compensation expense for all equity–based payments in accordance with ASC 718 “ Compensation – Stock Compensation Restricted stock awards are granted at the discretion of the Company. These awards are restricted as to the transfer of ownership and generally vest over the requisite service periods, typically over a four year period (vesting on a straight–line basis). The fair value of a stock award is equal to the fair market value of a share of Company stock on the grant date. The fair value of option award is estimated on the date of grant using the Black–Scholes option valuation model. The Black–Scholes option valuation model requires the development of assumptions that are input into the model. These assumptions are the expected stock volatility, the risk–free interest rate, the expected life of the option, the dividend yield on the underlying stock and the expected forfeiture rate. Expected volatility is calculated based on the historical volatility of the Company’s Common stock over the expected option life and other appropriate factors. Risk–free interest rates are calculated based on continuously compounded risk–free rates for the appropriate term. The dividend yield is assumed to be zero as the Company has never paid or declared any cash dividends on our Common stock and does not intend to pay dividends on our Common stock in the foreseeable future. The expected forfeiture rate is estimated based on historical experience. Determining the appropriate fair value model and calculating the fair value of equity–based payment awards requires the input of the subjective assumptions described above. The assumptions used in calculating the fair value of equity–based payment awards represent management’s best estimates, which involve inherent uncertainties and the application of management’s judgment. As a result, if factors change and the Company uses different assumptions, our equity–based compensation could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate and recognize expense only for those shares expected to vest. If our actual forfeiture rate is materially different from our estimate, the equity–based compensation could be significantly different from what the Company has recorded in the current period. The Company accounts for share–based payments granted to non–employees in accordance with ASC 505-40, “ Equity Based Payments to Non–Employees Deferred Tax Assets and Income Taxes Provision The Company accounts for income taxes under Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the statements of operations in the period that includes the enactment date. The Company adopted Section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”). Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. During the year ended December 31, 2014, the Company partially utilized the NOL carry-forwards and prepaid approximately $294,000 in taxes payable. During the year ended December 31, 2015, the Company recognized additional losses. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. Tax years that remain subject to examination by major tax jurisdictions The Company discloses tax years that remain subject to examination by major tax jurisdictions pursuant to ASC Paragraph 740-10-50-15. Tax years beginning in 2012 are generally subject to examination by taxing authorities, although net operating losses from all years are subject to examinations and adjustments for at least three years following the year in which the attributes are used. Earnings per Share Earnings per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. Pursuant to ASC Paragraphs 260-10-45-45-21 through 260-10-45-45-23, diluted EPS shall be based on the most advantageous conversion rate or exercise price from the standpoint of the security holder. The dilutive effect of outstanding call options and warrants (and their equivalents) issued by the reporting entity shall be reflected in diluted EPS by application of the treasury stock method unless the provisions of Paragraphs 260-10-45-35 through 45-36 and 260-10-55-8 through 55-11 require that another method be applied. Equivalents of options and warrants include non-vested stock granted to employees, stock purchase contracts, and partially paid stock subscriptions (see paragraph 260–10–55–23). Anti-dilutive contracts, such as purchased put options and purchased call options, shall be excluded from diluted EPS. Under the treasury stock method: (a.) exercise of options and warrants shall be assumed at the beginning of the period (or at time of issuance, if later) and common shares shall be assumed to be issued, (b.) the proceeds from exercise shall be assumed to be used to purchase common stock at the average market price during the period. (See Paragraphs 260-10-45-29 and 260-10-55-4 through 55-5.), and (c.) the incremental shares (the difference between the number of shares assumed issued and the number of shares assumed purchased) shall be included in the denominator of the diluted EPS computation. The Company’s contingent shares issuance arrangement, stock options or warrants are as follows: Contingent shares issuance For the Year Ended For the Year Ended Stock options 9,933,500 9,725,000 Total contingent shares issuance arrangement, stock options or warrants 9,933,500 9,725,000 There were approximately 0 and 4,289,975 potentially outstanding dilutive common shares under the Treasury Stock Method for the reporting period ended December 31, 2015 and 2014, respectively. Subsequent Events The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR. Recently Issued Accounting Pronouncements In May 2014, the FASB issued the FASB Accounting Standards Update No. 2014-09 “ Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). This guidance amends the existing FASB Accounting Standards Codification, creating a new Topic 606, Revenue from Contracts with Customer. To achieve that core principle, an entity should apply the following steps: 1. Identify the contract(s) with the customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; and 5. Recognize revenue when (or as) the entity satisfies a performance obligations The ASU also provides guidance on disclosures that should be provided to enable financial statement users to understand the nature, amount, timing, and uncertainty of revenue recognition and cash flows arising from contracts with customers. Qualitative and quantitative information is required about the following: 1. Contracts with customers 2. Significant judgments and changes in judgments 3. Assets recognized from the costs to obtain or fulfill a contract. ASU 2014-09 is effective for periods beginning after December 15, 2016, including interim reporting periods within that reporting period for all public entities. Early application is not permitted. In January 2015, the FASB issued Accounting Standards Update No. 2015-01, “ Income Statement - Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items” In February 2015, the FASB issued Accounting Standards Update No. 2015-02, “ Consolidation (Topic 810): Amendments to the Consolidation Analysis” In March 2015, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2015-03, “ Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” . In July 2015, the FASB issued the FASB Accounting Standards Update No. 2015-11 “ Inventory (Topic 330) Simplifying the Measurement of Inventory” . In August 2015, the FASB issued the FASB Accounting Standards Update No. 2015-14 “ Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date” . Management does not believe that any recently issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying consolidated financial statements.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 3 – Property and Equipment Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: December 31, 2015 December 31, 2014 Computer Equipment $ 33,792 27,743 Equipment 343,359 244,150 Furniture and Fixtures 48,950 48,951 426,101 320,844 Less: Accumulated depreciation (175,315 ) (56,102 ) $ 250,786 $ 264,742 Depreciation expense was $119,213 and $45,493 for the years ended December 31, 2015 and 2014, respectively.

Investment in CONtv Joint Ventu

Investment in CONtv Joint Venture	12 Months Ended
	Dec. 31, 2015
Investment In Contv Joint Venture
Investment in CONtv Joint Venture	Note 4 – Investment in CONtv Joint Venture On August 27, 2014, the Company entered into a joint venture and executed an Operating Agreement with Cinedigm, ROAR and Bristol Capital. The Company owned a 47.50% interest in the newly formed entity, CONtv. The Company was accounting for the interest in the joint venture utilizing the equity method of accounting. On November 16, 2015, the Company entered that certain A&R Operating Agreement by and among, the Company, Cinedigm, ROAR and Bristol Capital, pursuant to which the Company’s interest in CONtv was reduced to a non-dilutable 10% membership interest. Such agreement was deemed effective on the execution date; however, Cinedigm agreed to the Company recognizing only 10% of the losses from the period July 1, 2015 through December 31, 2015. Pursuant to the A&R Operating Agreement, the Company is only obligated to fund on-going costs in the amount of $25,000 in cash on an on-going monthly basis for a period of 12 months following the effective date. For the years ended December 31, 2015 and 2014, the Company recognized $1,324,727 and $460,747 in losses from this venture, respectively. As of December 31, 2015 and 2014, the investment in CONtv was as follows: Investment in CONtv – December 31, 2014 $ - Investment into CONtv 578,254 Loss on CONtv for the year ended December 31, 2014 (460,747 ) Investment in CONtv – December 31, 2014 117,507 Investment into CONtv 1,207,220 Loss on CONtv for the year ended December 31, 2015 (1,324,727 ) Investment in CONtv – December 31, 2015 $ - As of December 31, 2015 and 2014, the Company has a balance due to CONtv of $111,741 and $313,412, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 5 – Related Party Transactions Related Parties On September 1, 2012, the Company entered into an agreement with ROAR an entity which is partially owned by a director of the Company. ROAR agreed to provide the Company strategic management consulting services. The term was for three (3) months and then month-to-month thereafter. The Company agreed to compensate ROAR with a $7,500 per month payment and a 10% commission on any contractual introduction for business development introduced by ROAR. For the years ended December 31, 2015 and 2014, the Company recorded total payments to ROAR of $90,000 and $82,500, respectively. As of December 31, 2015 and 2014, the Company had an outstanding liability due to ROAR of $7,500 and $0, respectively. This agreement is no longer in effect as of December 2015. Effective April 22, 2013, the Company entered into a commercial real estate lease, as lessee, with Bristol Capital and 225 California Street, LLC, a California limited liability company (“225 California”), as lessors, for new office space located in El Segundo, California (the “Lease”), with each of Bristol Capital and 225 California holding an undivided 50% tenant-in-common interest. The initial term of the Lease was for seven (7) years ending on March 31, 2020. During 2015, the Company vacated the premises upon sale of the building. Effective April 1, 2014, the Company entered into an agreement with Bristol Capital pursuant to which Bristol Capital agrees to provide the Company strategic management consulting services. The term of the agreement was month-to-month and Bristol Capital received a payment of $5,000 per month. For the years ended December 31, 2015 and 2014, the Company recorded total payments to Bristol for consulting services of $60,000 and $45,000, respectively. As of December 31, 2015 and 2014, the Company had an outstanding liability due to Bristol of $5,000 and $0, respectively. This agreement is no longer in effect as of December 2015. Bristol Capital and ROAR each received a 2.5% profits participation and ownership interest in CONtv. On December 29, 2014, the Company and a member of the Board formed Wiz Wizard (d/b/a ConBox) in the State of Delaware. The Company and the member of the Board each own 50% of the membership interest and shall allocate the profits and losses accordingly upon repayment of the initial capital contributions on a pro rata basis. On February 4, 2016, the member of the Board assigned his fifty percent (50%) membership interest to the Company.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 6 – Commitments and Contingencies Amended and Restated Employment Agreement On September 16, 2014, the Company entered into an amended and restated employment agreement (the “Employment Agreement”) with Mr. John Macaluso (“Mr. Macaluso”) pursuant to which Mr. Macaluso shall continue to serve as the Company’s President and Chief Executive Officer. The initial term of the Employment Agreement commenced on September 16, 2014 (the “Commencement Date”) and shall expire on March 18, 2018 (the “Initial Term”). The Initial Term will be automatically extended for additional terms of one (1) year each (each a “Renewal Term” and together with the Initial Term, the “Term”), unless either the Company or Mr. Macaluso gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the then current Term. During the Term, the Company will pay Mr. Macaluso a base salary of $41,667 per month (the “Base Salary”). In addition, subject to the terms and conditions of the Employment Agreement, Mr. Macaluso will receive an annual bonus equal to the following, calculated cumulatively: (i) when the Company achieves annual Adjusted EBITDA (as defined in the Employment Agreement) of between $1.00 and $1,000,000, Mr. Macaluso shall receive a cash bonus of 30% of such annual Adjusted EBITDA; (ii) when the Company achieves annual Adjusted EBITDA of between $1,000,001 and $2,000,000, Mr. Macaluso shall receive an additional cash bonus of 20% of such annual Adjusted EBITDA which exceeds $1,000,000; and (iii) when the Company achieves annual Adjusted EBITDA greater than $2,000,000, Mr. Macaluso shall receive an additional cash bonus of 10% of such annual Adjusted EBITDA which exceeds $2,000,000. Mr. Macaluso shall also be entitled to a monthly car allowance of $1,200. There was no bonus accrued during the year ended December 31, 2015. The Company also granted to Mr. Macaluso 2,700,000 options to purchase shares of the Company’s common stock, par value $0.0001 per share. The options are allocated into three tranches with the following attributes: (i) 900,000 options to purchase shares of the Company’s common stock with quarterly vesting over the period beginning March 19, 2015 and ending March 18, 2016 at an exercise price of $1.00 per share; (ii) 900,000 options to purchase shares of the Company’s common stock with quarterly vesting over the period beginning March 19, 2016 and ending March 18, 2017 at an exercise price of $1.25 per share; and (iii) 900,000 options to purchase shares of the Company’s common stock with quarterly vesting over the period beginning March 19, 2017 and ending March 18, 2018 at an exercise price of $1.50 per share. Non-Compete Agreement In conjunction with the Employment Agreement, Mr. Macaluso entered into a non-compete, non-solicitation and non-disclosure agreement, dated September 16, 2014, with the Company (the “Non-Compete Agreement”). Under the Non-Compete Agreement, Mr. Macaluso must keep the Company’s confidential and proprietary information confidential and is prohibited from inducing or attempting to induce any employee of the Company from terminating his or her employment with the Company, and soliciting the business of any client or customer of the Company, during the period commencing on the Commencement Date and ending on the termination of Mr. Macaluso’s employment with the Company for any reason. Further, Mr. Macaluso is prohibited from engaging in a venture or business substantially similar to that of the Company or that is in direct or indirect competition with the Company in the United States during the period commencing on the Commencement Date and ending on the termination of Mr. Macaluso’s employment with the Company for any reason. Operating Lease Effective July 17, 2014, the Company entered into a sublease, as lessee, with Ironclad Performance Wear Corporation, for new space located in El Segundo, California (the “Sublease”). The term of the Sublease is for one year and ten (10) months commencing on September 1, 2014. Pursuant to the Sublease, the Company shall pay base rent of $11,132 per month and an initial security deposit of $11,466 is required. Future minimum lease payments inclusive of related tax required under the non-cancelable operating lease are as follows: Fiscal year ending December 31: 2016 $ 68,796

Stockholders_ Equity

Stockholders’ Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Stockholders’ Equity	Note 7 – Stockholders’ Equity The Company’s authorized capital stock consists of 100,000,000 shares, of which 80,000,000 are for shares of common stock, par value $0.0001 per share, and 20,000,000 are for shares of preferred stock, par value $0.0001 per share, of which 50,000 have been designated as Series A Cumulative Convertible Preferred Stock. As of December 31, 2015 and 2014, there were 51,368,386 and 51,358,386 shares of our common stock issued and outstanding, respectively. Each share of our common stock entitles its holder to one vote on each matter submitted to the shareholders. Equity Incentive Plan On May 9, 2011, the Board approved, authorized and adopted (subject to stockholder approval) the 2011 Incentive Stock and Award Plan (the “Plan”). The Plan was amended on September 14, 2011, April 11, 2012, July 9, 2012 and September 25, 2014. The Plan provides for the issuance of up to 15,000,000 shares of common stock, par value $.0001 per share, of the Company through the grant of non-qualified options (the “Non-qualified Options”), incentive options (the “Incentive Options” and together with the Non-qualified Options, the “Options”) and restricted stock (the “Restricted Stock”) to directors, officers, consultants, attorneys, advisors and employees. The Plan shall be administered by a committee consisting of two or more independent, non-employee and outside directors (the “Committee”). In the absence of such a Committee, the Board shall administer the Plan. Each Option shall contain the following material terms: (i) the exercise price, which shall be determined by the Committee at the time of grant, shall not be less than 100% of the Fair Market Value (defined as the closing price on the final trading day immediately prior to the grant on the principal exchange or quotation system on which the common stock is listed or quoted, as applicable) of the common stock of the Company, provided (ii) the term of each Option shall be fixed by the Committee, provided provided further (iii) subject to acceleration in the event of a Change of Control of the Company (as further described in the Plan), the period during which the Options vest shall be designated by the Committee or, in the absence of any Option vesting periods designated by the Committee at the time of grant, shall vest and become exercisable in equal amounts on each fiscal quarter of the Company through the four (4) year anniversary of the date on which the Option was granted; (iv) no Option is transferable and each is exercisable only by the recipient of such Option except in the event of the death of the recipient; and (v) with respect to Incentive Options, the aggregate Fair Market Value of common stock exercisable for the first time during any calendar year shall not exceed $100,000. Each award of Restricted Stock is subject to the following material terms: (i) no rights to an award of Restricted Stock is granted to the intended recipient of Restricted Stock unless and until the grant of Restricted Stock is accepted within the period prescribed by the Committee; (ii) Restricted Stock shall not be delivered until they are free of any restrictions specified by the Committee at the time of grant; (iii) recipients of Restricted Stock have the rights of a stockholder of the Company as of the date of the grant of the Restricted Stock; (iv) shares of Restricted Stock are forfeitable until the terms of the Restricted Stock grant have been satisfied or the employment with the Company is terminated; and (v) the Restricted Stock is not transferable until the date on which the Committee has specified such restrictions have lapsed. Stock Options The following is a summary of the Company’s option activity: Options Weighted Average Exercise Price Outstanding – January 1, 2014 4,462,500 $ 0.40 Exercisable – January 1, 2014 812,500 $ 0.40 Granted 5,262,500 $ 0.97 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2014 9,725,000 $ 0.71 Exercisable – December 31, 2014 1,592,500 $ 0.44 Granted 218,500 $ 0.41 Exercised (10,000 ) $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2015 9,933,500 $ 0.70 Exercisable – December 31, 2015 4,332,500 $ 0.41 Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.40 - 1.50 9,933,500 2.68 years $ 0.70 4,332,500 $ 0.41 At December 31, 2015, the total intrinsic value of options outstanding and exercisable was $138,245 and $124,875, respectively. The following table summarizes the range of assumptions the Company utilized to estimate the fair value of the options issued during the year ended December 31, 2015 and 2014: Assumptions December 31, 2015 December 31, 2014 Expected term (years) 5.00 5.00 Expected volatility 122 % 136%-176 % Risk-free interest rate 1.71 % 1.63%-1.80 % Dividend yield 0.00 % 0.00 % The expected option term is based on the contractual term. The expected volatility is based on historical-volatility of the Company when stock prices were publicly available. The risk-free interest rate is based on the U.S. Treasury yields with terms equivalent to the expected term of the related option at the valuation date. Dividend yield is based on historical trends. The Company recognized an aggregate of $1,315,869 and $873,914 in compensation expense during the years ended December 31, 2015 and 2014, respectively, related to option awards.

Credit Risk

Credit Risk	12 Months Ended
	Dec. 31, 2015
Risks and Uncertainties [Abstract]
Credit Risk	Note 8 – Credit Risk Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents. As of December 31, 2015, substantially all of the Company’s cash and cash equivalents were held by major financial institutions and the balance in certain accounts exceeded the maximum amount insured by the Federal Deposits Insurance Corporation (“FDIC”). However, the Company has not experienced losses on these accounts and management believes that the Company is not exposed to significant risks on such accounts.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Information	Note 9 – Segment Information The Company evaluates performance of its operating segments based on revenue and operating profit (loss). Segment information for the years ended December 31, 2015 and 2014 and as of December 31, 2015 and 2014, are as follows: Conventions ConBox Total Year ended December 31, 2015 Revenue $ 22,905,636 $ 1,120,535 $ 24,026,171 Cost of revenue (17,744,611 ) (1,015,420 ) (18,760,031 ) Gross margin 5,161,025 105,115 5,266,140 Operating expenses (8,099,836 ) (48,132 ) (8,147,968 ) Operating profit/(loss) (2,938,811 ) 56,983 (2,881,828 ) Year ended December 31, 2014 Revenue $ 23,060,178 $ – $ 23,060,178 Cost of revenue (14,768,763 ) – (14,768,763 ) Gross margin 8,291,415 – 8,291,415 Operating expenses (6,823,253 ) – (6,823,253 ) Operating profit 1,468,162 – 1,468,162 December 31, 2015 Accounts receivable, net $ 108,795 $ 298,347 $ 407,142 Unearned revenue 3,340,837 390,661 3,731,498 December 31, 2014 Accounts receivable, net $ – $ – $ – Unearned revenue 2,022,235 – 2,022,235

Income Tax Provision

Income Tax Provision	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Provision	Note 10 – Income Tax Provision Deferred Tax Assets At December 31, 2015, the Company has available for federal income tax purposes a net operating loss (“NOL”) carry-forwards of approximately $3,636,000 that may be used to offset future taxable income through the fiscal year ending December 31, 2035. No tax benefit has been reported with respect to these net operating loss carry-forwards in the accompanying consolidated financial statements since the Company believes that the realization of its net deferred tax asset of approximately $1,236,000 was not considered more likely than not and accordingly, the potential tax benefits of the net loss carry-forwards are fully offset by a valuation allowance of $1,236,000. Deferred tax assets consist primarily of the tax effect of NOL carry-forwards. The Company has provided a full valuation allowance on the deferred tax assets because of the uncertainty regarding its realizability. The valuation allowance increased by approximately $984,000 and decreased by approximately $92,000 for the year ended December 31, 2015 and 2014, respectively. During the year ended December 31, 2014, the Company utilized approximately $1,737,000 of its NOL carry-forwards and made $575,000 in estimated payments. Components of deferred tax assets are as follows: December 31, 2015 December 31, 2014 Net deferred tax assets – Non-current: Expected income tax benefit from NOL carry-forwards $ 993,000 $ 252,000 Less valuation allowance (993,000 ) (252,000 ) Deferred tax assets, net of valuation allowance $ - $ - Income Tax Provision in the Consolidated Statements of Operations A reconciliation of the federal statutory income tax rate and the effective income tax rate as a percentage of income before income taxes is as follows: For the Year Ended For the Year Ended Federal statutory income tax rate 34.0 % 34.0 % Change in valuation allowance on net operating loss carry-forwards (34.0 %) (34.0 %) Effective income tax rate 0.0 % 0.0 %

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 11 – Subsequent Events Assignment of Wiz Wizard On February 4, 2016, the member of the Board assigned his fifty percent (50%) membership interest to the Company. Consequently, Wiz Wizard is a wholly-owned subsidiary of the Company. Appointment of Chairman of the Board Effective February 5, 2016, the Board of the Company unanimously approved the appointment of Mr. John Maatta as the independent, non-executive Chairman of the Board. Mr. Maatta has served as a member of the Board since May 25, 2011. Employment Agreement Effective as of March 2, 2016, the Company entered into an employment agreement (the “Malinoff Employment Agreement”) with Randall S. Malinoff in connection with his appointment as the Company’s Interim Chief Operating Officer. The initial term of the Malinoff Employment Agreement is for ninety (90) days from the date of execution. Such term may be extended by mutual agreement for successive ninety (90) day periods. The Company shall pay Mr. Malinoff an annual base salary of $150,000.

Significant and Critical Acco18

Significant and Critical Accounting Policies and Practices (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”).
Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions	Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Actual results could differ from those estimates.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include all accounts of the entities as of the reporting period ending date(s) and for the reporting period(s) as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest KTC Corp. The State of Nevada, U.S.A. September 20, 2010 100 % Kicking the Can L.L.C. The State of Delaware, U.S.A. April 17, 2009 100 % Wizard World Digital, Inc. The State of Nevada, U.S.A. March 18, 2011 100 % Wiz Wizard, LLC The State of Delaware, U.S.A. December 29, 2014 50 % ButtaFyngas, LLC The State of Delaware, U.S.A. April 10, 2015 50 % All inter-company balances and transactions have been eliminated. Non–controlling interest represents the minority equity investment in the Company’s subsidiaries, plus the minority investors’ share of the net operating results and other components of equity relating to the non–controlling interest. As of December 31, 2015 and 2014, the aggregate non-controlling interest in Wiz Wizard and ButtaFyngas, was $17,706 and $0, respectively, and is separately disclosed on the Consolidated Balance Sheet.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and Paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in US GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally unobservable and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amount of the Company’s assets and liabilities, such as cash, accounts receivable, inventory, prepaid expenses, accounts payable and accrued liabilities, and unearned revenue approximate their fair value because of the short maturity of those instruments. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated.
Carrying Value, Recoverability and Impairment of Long-Lived Assets	Carrying Value, Recoverability and Impairment of Long-Lived Assets The Company has adopted Section 360-10-35 of the FASB Accounting Standards Codification for its long-lived assets. Pursuant to ASC Paragraph 360-10-35-17, an impairment loss shall be recognized only if the carrying amount of a long-lived asset (asset group) is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset (asset group) is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset (asset group). That assessment shall be based on the carrying amount of the asset (asset group) at the date it is tested for recoverability. An impairment loss shall be measured as the amount by which the carrying amount of a long-lived asset (asset group) exceeds its fair value. Pursuant to ASC Paragraph 360-10-35-20, if an impairment loss is recognized, the adjusted carrying amount of a long-lived asset shall be its new cost basis. For a depreciable long-lived asset, the new cost basis shall be depreciated (amortized) over the remaining useful life of that asset. Restoration of a previously recognized impairment loss is prohibited. Pursuant to ASC Paragraph 360-10-35-21, the Company’s long-lived asset (asset group) is tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The Company considers the following to be some examples of such events or changes in circumstances that may trigger an impairment review: (a) significant decrease in the market price of a long-lived asset (asset group); (b) a significant adverse change in the extent or manner in which a long-lived asset (asset group) is being used or in its physical condition; (c) a significant adverse change in legal factors or in the business climate that could affect the value of a long-lived asset (asset group), including an adverse action or assessment by a regulator; (d) an accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of a long-lived asset (asset group); (e) a current-period operating or cash flow loss combined with a history of operating or cash flow losses or a projection or forecast that demonstrates continuing losses associated with the use of a long-lived asset (asset group); and (f) a current expectation that, more likely than not, a long-lived asset (asset group) will be sold or otherwise disposed of significantly before the end of its previously estimated useful life. The Company tests its long-lived assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events. Pursuant to ASC Paragraphs 360-10-45-4 and 360-10-45-5, an impairment loss recognized for a long-lived asset (asset group) to be held and used shall be included in income from continuing operations before income taxes in the income statement of a business entity. If a subtotal such as income from operations is presented, it shall include the amount of that loss. A gain or loss recognized on the sale of a long-lived asset (disposal group) that is not a component of an entity shall be included in income from continuing operations before income taxes in the income statement of a business entity. If a subtotal such as income from operations is presented, it shall include the amounts of those gains or losses.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts Pursuant to FASB ASC Paragraph 310-10-35-47, trade receivables that management has the intent and ability to hold for the foreseeable future shall be reported in the balance sheet at outstanding principal adjusted for any charge-offs and the allowance for doubtful accounts. The Company follows FASB ASC Paragraphs 310-10-35-7 through 310-10-35-10 to estimate the allowance for doubtful accounts. Pursuant to FASB ASC Paragraph 310-10-35-9, losses from uncollectible receivables shall be accrued when both of the following conditions are met: (a) information available before the financial statements are issued or are available to be issued (as discussed in Section 855-10-25) indicates that it is probable that an asset has been impaired at the date of the financial statements, and (b) the amount of the loss can be reasonably estimated. Those conditions may be considered in relation to individual receivables or in relation to groups of similar types of receivables. If the conditions are met, accrual shall be made even though the particular receivables that are uncollectible may not be identifiable. The Company reviews individually each trade receivable for collectability and performs on-going credit evaluations of its customers and adjusts credit limits based upon payment history and the customer’s current credit worthiness, as determined by the review of their current credit information; and determines the allowance for doubtful accounts based on historical write-off experience, customer specific facts and general economic conditions that may affect a client’s ability to pay. Bad debt expense is included in general and administrative expenses, if any. Bad debt expense for the reporting period ended December 31, 2015 and 2014 was $412,117 and $0, respectively.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows: Estimated Useful Computer equipment 3 Equipment 2-5 Furniture and fixture 7 Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in the consolidated statements of operations.
Investments - Cost Method, Equity Method and Joint Venture	Investments - Cost Method, Equity Method and Joint Venture In accordance with sub-topic 323-10 of the FASB Accounting Standards Codification (“Sub-topic 323-10”), the Company accounts for investments in common stock of an investee for which the Company has significant influence in the operating or financial policies even though the Company holds 50% or less of the common stock or in-substance common stock.
Method of Accounting	Method of Accounting Investments held in stock of entities other than subsidiaries, namely corporate joint ventures and other non-controlled entities usually are accounted for by one of three methods (i) the fair value method (addressed in Topic 320), (ii) the equity method (addressed in Topic 323), or (iii) the cost method (addressed in Subtopic 325-20). Pursuant to Paragraph 323-10-05-5, the equity method tends to be most appropriate if an investment enables the investor to influence the operating or financial policies of the investee.
Investment in CONTV	Investment in CONtv On August 27, 2014, the Company entered into a joint venture and executed an Operating Agreement for CON TV LLC (“CONtv”) with Cinedigm Entertainment Corp. (“Cinedigm”), ROAR, LLC (a related party partially owned by a member of the Board) (“ROAR”) and Bristol Capital, LLC (a related party controlled by a member of the Board) (“Bristol Capital”). The Company owned a 47.50% interest in the newly formed entity, CONtv. The Company was accounting for the interest in the joint venture utilizing the equity method of accounting. For the years ended December 31, 2015 and 2014, the Company recognized $1,324,727 and $460,747 in losses from this venture, respectively. As of December 31. 2015 and 2014, the investment in CONtv was $0 and $117,507, respectively. On November 16, 2015, pursuant to that certain Amended and Restated Operating Agreement for CONtv by and among the aforementioned parties (the “A&R Operating Agreement”), the Company’s ownership interest in CONtv was reduced to 10%. Pursuant to the A&R Operating Agreement, the Company is only obligated to fund on-going costs in the amount of $25,000 in cash on an on-going monthly basis for a period of 12 months following the effective date.
Related Parties	Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20, the related parties include: (a.) affiliates of the Company (“Affiliate” means, with respect to any specified Person, any other Person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with such Person, as such terms are used in and construed under Rule 405 under the Securities Act); (b.) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c.) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d.) principal owners of the Company; (e.) management of the Company; (f.) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g.) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements shall include disclosures of material-related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: (a.) the nature of the relationship(s) involved; (b.) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c.) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d.) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Commitments and Contingencies	Commitments and Contingencies The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed.
Revenue Recognition and Cost Revenues	Revenue Recognition and Cost of Revenues The Company follows Paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Unearned convention revenue is deposits received for conventions that have not yet taken place, which are fully or partially refundable depending upon the terms and conditions of the agreements. Unearned ConBox revenue is non-refundable up-front payments for products. These payments are initially deferred and subsequently recognized over the subscription period, typically three months, and upon shipment of the product. The Company recognizes cost of revenues in the period in which the revenues was earned. In the event the Company incurs cost of revenues for conventions that are yet to occur, the Company records such amounts as prepaid expenses and such prepaid expenses are expensed during the period the convention takes place.
Equity-based compensation	Equity–based compensation The Company recognizes compensation expense for all equity–based payments in accordance with ASC 718 “ Compensation – Stock Compensation Restricted stock awards are granted at the discretion of the Company. These awards are restricted as to the transfer of ownership and generally vest over the requisite service periods, typically over a four year period (vesting on a straight–line basis). The fair value of a stock award is equal to the fair market value of a share of Company stock on the grant date. The fair value of option award is estimated on the date of grant using the Black–Scholes option valuation model. The Black–Scholes option valuation model requires the development of assumptions that are input into the model. These assumptions are the expected stock volatility, the risk–free interest rate, the expected life of the option, the dividend yield on the underlying stock and the expected forfeiture rate. Expected volatility is calculated based on the historical volatility of the Company’s Common stock over the expected option life and other appropriate factors. Risk–free interest rates are calculated based on continuously compounded risk–free rates for the appropriate term. The dividend yield is assumed to be zero as the Company has never paid or declared any cash dividends on our Common stock and does not intend to pay dividends on our Common stock in the foreseeable future. The expected forfeiture rate is estimated based on historical experience. Determining the appropriate fair value model and calculating the fair value of equity–based payment awards requires the input of the subjective assumptions described above. The assumptions used in calculating the fair value of equity–based payment awards represent management’s best estimates, which involve inherent uncertainties and the application of management’s judgment. As a result, if factors change and the Company uses different assumptions, our equity–based compensation could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate and recognize expense only for those shares expected to vest. If our actual forfeiture rate is materially different from our estimate, the equity–based compensation could be significantly different from what the Company has recorded in the current period. The Company accounts for share–based payments granted to non–employees in accordance with ASC 505-40, “ Equity Based Payments to Non–Employees
Deferred Tax Assets and Income Taxes Provision	Deferred Tax Assets and Income Taxes Provision The Company accounts for income taxes under Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the statements of operations in the period that includes the enactment date. The Company adopted Section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”). Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. During the year ended December 31, 2014, the Company partially utilized the NOL carry-forwards and prepaid approximately $294,000 in taxes payable. During the year ended December 31, 2015, the Company recognized additional losses. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary.
Tax Tears that Remain Subject to Examination By Major Tax Jurisdictions	Tax years that remain subject to examination by major tax jurisdictions The Company discloses tax years that remain subject to examination by major tax jurisdictions pursuant to ASC Paragraph 740-10-50-15. Tax years beginning in 2012 are generally subject to examination by taxing authorities, although net operating losses from all years are subject to examinations and adjustments for at least three years following the year in which the attributes are used.
Earnings per Share	Earnings per Share Earnings per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. Pursuant to ASC Paragraphs 260-10-45-45-21 through 260-10-45-45-23, diluted EPS shall be based on the most advantageous conversion rate or exercise price from the standpoint of the security holder. The dilutive effect of outstanding call options and warrants (and their equivalents) issued by the reporting entity shall be reflected in diluted EPS by application of the treasury stock method unless the provisions of Paragraphs 260-10-45-35 through 45-36 and 260-10-55-8 through 55-11 require that another method be applied. Equivalents of options and warrants include non-vested stock granted to employees, stock purchase contracts, and partially paid stock subscriptions (see paragraph 260–10–55–23). Anti-dilutive contracts, such as purchased put options and purchased call options, shall be excluded from diluted EPS. Under the treasury stock method: (a.) exercise of options and warrants shall be assumed at the beginning of the period (or at time of issuance, if later) and common shares shall be assumed to be issued, (b.) the proceeds from exercise shall be assumed to be used to purchase common stock at the average market price during the period. (See Paragraphs 260-10-45-29 and 260-10-55-4 through 55-5.), and (c.) the incremental shares (the difference between the number of shares assumed issued and the number of shares assumed purchased) shall be included in the denominator of the diluted EPS computation. The Company’s contingent shares issuance arrangement, stock options or warrants are as follows: Contingent shares issuance For the Year Ended For the Year Ended Stock options 9,933,500 9,725,000 Total contingent shares issuance arrangement, stock options or warrants 9,933,500 9,725,000 There were approximately 0 and 4,289,975 potentially outstanding dilutive common shares under the Treasury Stock Method for the reporting period ended December 31, 2015 and 2014, respectively.
Subsequent Events	Subsequent Events The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the FASB issued the FASB Accounting Standards Update No. 2014-09 “ Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). This guidance amends the existing FASB Accounting Standards Codification, creating a new Topic 606, Revenue from Contracts with Customer. To achieve that core principle, an entity should apply the following steps: 1. Identify the contract(s) with the customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; and 5. Recognize revenue when (or as) the entity satisfies a performance obligations The ASU also provides guidance on disclosures that should be provided to enable financial statement users to understand the nature, amount, timing, and uncertainty of revenue recognition and cash flows arising from contracts with customers. Qualitative and quantitative information is required about the following: 1. Contracts with customers 2. Significant judgments and changes in judgments 3. Assets recognized from the costs to obtain or fulfill a contract. ASU 2014-09 is effective for periods beginning after December 15, 2016, including interim reporting periods within that reporting period for all public entities. Early application is not permitted. In January 2015, the FASB issued Accounting Standards Update No. 2015-01, “ Income Statement - Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items” In February 2015, the FASB issued Accounting Standards Update No. 2015-02, “ Consolidation (Topic 810): Amendments to the Consolidation Analysis” In March 2015, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2015-03, “ Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” . In July 2015, the FASB issued the FASB Accounting Standards Update No. 2015-11 “ Inventory (Topic 330) Simplifying the Measurement of Inventory” . In August 2015, the FASB issued the FASB Accounting Standards Update No. 2015-14 “ Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date” . Management does not believe that any recently issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying consolidated financial statements.

Significant and Critical Acco19

Significant and Critical Accounting Policies and Practices (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Consolidated Interest in Controlling Entities	The consolidated financial statements include all accounts of the entities as of the reporting period ending date(s) and for the reporting period(s) as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest KTC Corp. The State of Nevada, U.S.A. September 20, 2010 100 % Kicking the Can L.L.C. The State of Delaware, U.S.A. April 17, 2009 100 % Wizard World Digital, Inc. The State of Nevada, U.S.A. March 18, 2011 100 % Wiz Wizard, LLC The State of Delaware, U.S.A. December 29, 2014 50 % ButtaFyngas, LLC The State of Delaware, U.S.A. April 10, 2015 50 %
Schedule of Estimated Useful Life	Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows: Estimated Useful Computer equipment 3 Equipment 2-5 Furniture and fixture 7
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share	The Company’s contingent shares issuance arrangement, stock options or warrants are as follows: Contingent shares issuance For the Year Ended For the Year Ended Stock options 9,933,500 9,725,000 Total contingent shares issuance arrangement, stock options or warrants 9,933,500 9,725,000

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: December 31, 2015 December 31, 2014 Computer Equipment $ 33,792 27,743 Equipment 343,359 244,150 Furniture and Fixtures 48,950 48,951 426,101 320,844 Less: Accumulated depreciation (175,315 ) (56,102 ) $ 250,786 $ 264,742

Investment in CONtv Joint Ven21

Investment in CONtv Joint Venture (Tables)	12 Months Ended
	Dec. 31, 2015
Investment In Contv Joint Venture
Schedule of Investment in CONtv	As of December 31, 2015 and 2014, the investment in CONtv was as follows: Investment in CONtv – December 31, 2014 $ - Investment into CONtv 578,254 Loss on CONtv for the year ended December 31, 2014 (460,747 ) Investment in CONtv – December 31, 2014 117,507 Investment into CONtv 1,207,220 Loss on CONtv for the year ended December 31, 2015 (1,324,727 ) Investment in CONtv – December 31, 2015 $ -

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Tables
Schedule of Future Minimum Rental Payments for Non-Cancelable Operating Lease	Future minimum lease payments inclusive of related tax required under the non-cancelable operating lease are as follows: Fiscal year ending December 31: 2016 $ 68,796

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Activity	The following is a summary of the Company’s option activity: Options Weighted Average Exercise Price Outstanding – January 1, 2014 4,462,500 $ 0.40 Exercisable – January 1, 2014 812,500 $ 0.40 Granted 5,262,500 $ 0.97 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2014 9,725,000 $ 0.71 Exercisable – December 31, 2014 1,592,500 $ 0.44 Granted 218,500 $ 0.41 Exercised (10,000 ) $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2015 9,933,500 $ 0.70 Exercisable – December 31, 2015 4,332,500 $ 0.41
Schedule of Information Regarding Stock Options Outstanding	Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.40 - 1.50 9,933,500 2.68 years $ 0.70 4,332,500 $ 0.41
Schedule of Weighted Average Assumptions	The following table summarizes the range of assumptions the Company utilized to estimate the fair value of the options issued during the year ended December 31, 2015 and 2014: Assumptions December 31, 2015 December 31, 2014 Expected term (years) 5.00 5.00 Expected volatility 122 % 136%-176 % Risk-free interest rate 1.71 % 1.63%-1.80 % Dividend yield 0.00 % 0.00 %

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule of Revenue from Segement Information	The Company evaluates performance of its operating segments based on revenue and operating profit (loss). Segment information for the years ended December 31, 2015 and 2014 and as of December 31, 2015 and 2014, are as follows: Conventions ConBox Total Year ended December 31, 2015 Revenue $ 22,905,636 $ 1,120,535 $ 24,026,171 Cost of revenue (17,744,611 ) (1,015,420 ) (18,760,031 ) Gross margin 5,161,025 105,115 5,266,140 Operating expenses (8,099,836 ) (48,132 ) (8,147,968 ) Operating profit/(loss) (2,938,811 ) 56,983 (2,881,828 ) Year ended December 31, 2014 Revenue $ 23,060,178 $ – $ 23,060,178 Cost of revenue (14,768,763 ) – (14,768,763 ) Gross margin 8,291,415 – 8,291,415 Operating expenses (6,823,253 ) – (6,823,253 ) Operating profit 1,468,162 – 1,468,162 December 31, 2015 Accounts receivable, net $ 108,795 $ 298,347 $ 407,142 Unearned revenue 3,340,837 390,661 3,731,498 December 31, 2014 Accounts receivable, net $ – $ – $ – Unearned revenue 2,022,235 – 2,022,235

Income Tax Provision (Tables)

Income Tax Provision (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets	Components of deferred tax assets are as follows: December 31, 2015 December 31, 2014 Net deferred tax assets – Non-current: Expected income tax benefit from NOL carry-forwards $ 993,000 $ 252,000 Less valuation allowance (993,000 ) (252,000 ) Deferred tax assets, net of valuation allowance $ - $ -
Schedule of Reconciliation of Federal Statutory Income Tax Rate	A reconciliation of the federal statutory income tax rate and the effective income tax rate as a percentage of income before income taxes is as follows: For the Year Ended For the Year Ended Federal statutory income tax rate 34.0 % 34.0 % Change in valuation allowance on net operating loss carry-forwards (34.0 %) (34.0 %) Effective income tax rate 0.0 % 0.0 %

Organization and Operations (De

Organization and Operations (Details Narrative) - shares	Dec. 07, 2010	Dec. 31, 2015	Nov. 16, 2015	Apr. 10, 2015	Dec. 29, 2014
Equity method investment ownership percentage		50.00%	10.00%	50.00%	50.00%
Percentage of equity interest owned by member of board as the non-controlling interest				50.00%	50.00%
Percentage of equity interest and reports remaining				50.00%	50.00%
Wiz Wizard [Member} | February 4, 2016 [Member}
Percentage of membership interest		50.00%
Share Exchange Agreement [Member] | KTC Corp [Member]
Stock issued during period, shares, acquisitions	32,927,596
Exchange percentage of the issued and outstanding shares of KTC Corp	100.00%
Percentage of represented shares after the consummation of the share exchange agreement	94.90%

Significant and Critical Acco27

Significant and Critical Accounting Policies and Practices (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Nov. 16, 2015	Apr. 10, 2015	Dec. 29, 2014	Aug. 27, 2014
Percentage of shares in another entity	50.00%		10.00%	50.00%	50.00%
Non-controlling interest	$ 17,706	$ 0
Bad debt expense	412,117	0
Recognized losses from the venture	1,324,727	460,747
Investment in CONtv	$ 0	117,507
Income tax ultimate settlement rate	50.00%
Prepaid in tax payable	$ 293,984	$ 293,984
Potentially outstanding dilutive common shares	0	4,289,975
Ownership interest in CONtv				50.00%	50.00%
Accrued taxes payable		$ 294,000
A&R [Member}
Ownership interest in CONtv			10.00%
Fund on-going costs			$ 25,000
Con Tv LLC [Member]
Percentage of shares in another entity						47.50%
Recognized losses from the venture	$ 1,324,727	$ 460,747
Investee [Member]
Percentage of shares in another entity	10.00%

Significant and Critical Acco28

Significant and Critical Accounting Policies and Practices - Schedule of Consolidated Interest in Controlling Entities (Details)	12 Months Ended
	Dec. 31, 2015	Nov. 16, 2015	Apr. 10, 2015	Dec. 29, 2014
Attributable interest	50.00%	10.00%	50.00%	50.00%
KTC Corp [Member]
State or other jurisdiction of incorporation or organization	The State of Nevada, U.S.A
Date of incorporation or formation (date of acquisition, if applicable)	Sep. 20, 2010
Attributable interest	100.00%
Kicking the Can L.L.C. [Member]
State or other jurisdiction of incorporation or organization	The State of Delaware, U.S.A.
Date of incorporation or formation (date of acquisition, if applicable)	Apr. 17, 2009
Attributable interest	100.00%
Wizard World Digital, Inc. [Member]
State or other jurisdiction of incorporation or organization	The State of Nevada, U.S.A.
Date of incorporation or formation (date of acquisition, if applicable)	Mar. 18, 2011
Attributable interest	100.00%
Wiz Wizard, LLC [Member]
State or other jurisdiction of incorporation or organization	The State of Delaware, U.S.A.
Date of incorporation or formation (date of acquisition, if applicable)	Dec. 29, 2014
Attributable interest	50.00%			50.00%
ButtaFyngas,LLC [Member]
State or other jurisdiction of incorporation or organization	The State of Delaware, U.S.A.
Date of incorporation or formation (date of acquisition, if applicable)	Apr. 10, 2015
Attributable interest	50.00%

Significant and Critical Acco29

Significant and Critical Accounting Policies and Practices - Schedule of Estimated Useful Life (Details)	12 Months Ended
	Dec. 31, 2015
Computer Equipment [Member]
Property plant and equipment estimated useful life	3 years
Equipment [Member] | Minimum [Member]
Property plant and equipment estimated useful life	2 years
Equipment [Member] | Maximum [Member]
Property plant and equipment estimated useful life	5 years
Furniture And Fixture [Member]
Property plant and equipment estimated useful life	7 years

Significant and Critical Acco30

Significant and Critical Accounting Policies and Practices - Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Total contingent shares issuance arrangement, stock options or warrants	9,933,500	9,725,000
Stock Options [Member]
Total contingent shares issuance arrangement, stock options or warrants	9,933,500	9,725,000

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 119,213	$ 45,493

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Computer Equipment	$ 33,792	$ 27,743
Equipment	343,359	244,150
Furniture & Fixtures	48,950	48,951
Total	426,101	320,844
Less: Accumulated depreciation and amortization	(175,315)	(56,102)
Property and equipment, net	$ 250,786	$ 264,742

Investment in CONtv Joint Ven33

Investment in CONtv Joint Venture (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Nov. 16, 2015	Apr. 10, 2015	Dec. 29, 2014	Aug. 27, 2014
Equity method investment ownership percentage	50.00%		10.00%	50.00%	50.00%
Loss from venture	$ 1,324,727	$ 460,747
Due to CONtv	111,741	313,412
Con Tv LLC [Member]
Equity method investment ownership percentage						47.50%
Loss from venture	$ 1,324,727	$ 460,747

Investment in CONtv Joint Ven34

Investment in CONtv Joint Venture - Schedule of Investment in CONtv (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Investment in CONtv	$ 117,507
Loss on CONtv	$ (1,324,727)	$ (460,747)
Investment in CONtv		$ 117,507
Con Tv LLC [Member]
Investment in CONtv	$ 117,507
Investment into CONtv	1,207,220	$ 578,254
Loss on CONtv	$ (1,324,727)	(460,747)
Investment in CONtv		$ 117,507

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Apr. 22, 2013	Dec. 31, 2015	Dec. 31, 2014	Nov. 16, 2015	Apr. 10, 2015	Dec. 29, 2014
Equity method investment ownership percentage		50.00%		10.00%	50.00%	50.00%
Due to related parties		$ 111,741	$ 313,412
Bristol [Member]
Management consulting services, monthly payment		5,000
Due to related parties		5,000	0
Payments of consulting services		$ 60,000	45,000
ROAR, LLC [Member]
Equity method investment ownership percentage		2.50%
Wiz Wizard, LLC [Member]
Equity method investment ownership percentage		50.00%				50.00%
ROAR, LLC [Member]
Management consulting services, monthly payment		$ 7,500
Percentage of commission		10.00%
Equity method investment ownership percentage		50.00%
Payments to related parties		$ 90,000	82,500
Due to related parties		$ 7,500	$ 0
225 California Street, LLC [Member]
Percentage of undivided tenant-in-common interest	50.00%
Lease term	7 years
Lease expiration date	Mar. 31, 2020

Commitments and Contingencies36

Commitments and Contingencies (Details Narrative) - USD ($)	Sep. 16, 2014	Jul. 17, 2014	Dec. 31, 2015	Dec. 31, 2014
Employment agreement term description	The initial term of the Employment Agreement shall commence on September 16, 2014 (the "Commencement Date") and shall expire on March 18, 2018 (the "Initial Term"). The Initial Term will be automatically extended for additional terms of one (1) year each (each a "Renewal Term" and together with the Initial Term, the "Term"), unless either the Company or Mr. Macaluso gives prior written notice of non-renewal to the other party no later than sixty (60) days prior to the expiration of the then current Term.
Base salary			$ 5,396,798	$ 4,452,461
Bonus accrued			$ 0
Number of option granted to employee			218,500	5,262,500
Sublease period		The term of the Lease is for one year and ten (10) months commencing on September 1, 2014.
Lease base rent per month		$ 11,132
Required initial security deposit		$ 11,466
John Macaluso [Member]
Base salary			$ 41,667
Number of option granted to employee			2,700,000
Shares granted price per share			$ 0.0001
John Macaluso [Member] | Employment Agreement [Member]
Annual cash bonus percentage			30.00%
John Macaluso [Member] | Employment Agreement [Member] | Minimum [Member]
Annual adjusted EBITDA			$ 1
John Macaluso [Member] | Employment Agreement [Member] | Maximum [Member]
Annual adjusted EBITDA			$ 1,000,000
John Macaluso [Member] | Employment Agreement One [Member] | EBITDA Greater Than 1,000,000 [Member]
Annual cash bonus percentage			20.00%
John Macaluso [Member] | Employment Agreement One [Member] | Minimum [Member] | EBITDA Greater Than 1,000,000 [Member]
Annual adjusted EBITDA			$ 1,000,001
John Macaluso [Member] | Employment Agreement One [Member] | Maximum [Member] | EBITDA Greater Than 1,000,000 [Member]
Annual adjusted EBITDA			2,000,000
John Macaluso [Member] | Employment Agreement Two [Member] | EBITDA Greater Than 2,000,000 [Member]
Annual adjusted EBITDA			$ 2,000,000
Annual cash bonus percentage			10.00%
Monthly car allowance, amount			$ 1,200

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Future Minimum Rental Payments for Non-Cancelable Operating Lease (Details)	Dec. 31, 2015USD ($)
Commitments And Contingencies - Schedule Of Future Minimum Rental Payments For Non-cancelable Operating Lease Details
2,016	$ 68,796

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	May. 09, 2011
Numbr of common stock authorized	80,000,000	80,000,000
Common stock par value	$ 0.0001	$ 0.0001
Numbr of preferred stock authorized	20,000,000	20,000,000
Preferred stock par value	$ 0.0001	$ 0.0001
Designated as Series A Cumulative Convertible Preferred Stock	50,000
Common stock issued	51,368,386	51,358,386
Common stock outstanding	51,368,386	51,358,386
Percentage of fair market vaue	100.00%
Percentage of combained voting power	10.00%
Percentage of least fair market value	110.00%
Stock option expiration term	5 years
Stock option exercisable term	5 years
Common stock exercisable	$ 100,000
Shares compensation expense	$ 1,315,869	$ 873,914
Plan [Member]
Common stock par value			$ 0.0001
Plan to issunace of comon stock			15,000,000

Stockholders_ Equity - Summary

Stockholders’ Equity - Summary of Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of shares Outstanding at the beginning of the period	9,725,000	4,462,500
Number of shares Exercisable at beginning	1,592,500	812,500
Number of shares Granted	218,500	5,262,500
Number of shares Exercised	(10,000)
Number of shares Forfeited/Cancelled
Number of shares Outstanding at the end of the period	9,933,500	9,725,000
Number of shares Exercisable at end of the period	4,332,500	1,592,500
Weighted Average Exercise Price Outstanding at the beginning of the period	$ 0.71	$ 0.40
Weighted Average Exercise Price Exercisable at the beginning of the period	0.44	0.40
Weighted Average Exercise Price Granted	$ 0.41	$ 0.97
Weighted Average Exercise Price Exercised
Weighted Average Exercise Price Forfeited/Cancelled
Weighted Average Exercise Price Outstanding at the end of the period	$ 0.70	$ 0.71
Weighted Average Exercise Price Exercisable at end of the period	$ 0.41	$ 0.44

Stockholders_ Equity - Schedule

Stockholders’ Equity - Schedule of Information Regarding Stock Options Outstanding (Details)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Range of Exercise Price Lower Limit	$ 0.40
Range of Exercise Price Upper limit	$ 1.50
Number of Shares Outstanding | shares	9,933,500
Weighted Average Remaining Contractual Life (years)	2 years 8 months 5 days
Weighted Average Exercise Price	$ 0.70
Number of Shares Exercisable | shares	4,332,500
Weighted Average Exercise Price	$ 0.41

Stockholders_ Equity - Schedul

Stockholders’ Equity - Schedule of Weighted Average Assumptions (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Expected term (in years)	5 years	5 years
Expected volatility	122.00%
Risk free interest rate	1.71%
Expected dividend yield	0.00%	0.00%
Minimum [Member]
Expected volatility		136.00%
Risk free interest rate		1.63%
Maximum [Member]
Expected volatility		176.00%
Risk free interest rate		1.80%

Segment Information - Schedule

Segment Information - Schedule of Revenue from Segment Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenue	$ 24,026,171	$ 23,060,178
Cost of revenue	(18,760,031)	(14,768,763)
Gross margin	5,266,140	8,291,415
Operating expenses	(8,147,968)	(6,823,253)
Operating profit/(loss)	(2,881,828)	$ 1,468,162
Accounts receivable, net	407,142
Unearned revenue	3,731,498	$ 2,022,235
Conventions [Member]
Revenue	22,905,636	23,060,178
Cost of revenue	(17,744,611)	(14,768,763)
Gross margin	5,161,025	8,291,415
Operating expenses	(8,099,836)	(6,823,253)
Operating profit/(loss)	(2,938,811)	$ 1,468,162
Accounts receivable, net	108,795
Unearned revenue	3,340,837	$ 2,022,235
ConBox [Member]
Revenue	1,120,535
Cost of revenue	(1,015,420)
Gross margin	105,115
Operating expenses	(48,132)
Operating profit/(loss)	56,983
Accounts receivable, net	298,347
Unearned revenue	$ 390,661

Income Tax Provision (Details N

Income Tax Provision (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Provision Details Narrative
Operating loss carry-forward	$ 3,636,000
Future taxable income expiration date	Dec. 31, 2035
Deferred tax asset net	$ 1,236,000
Net loss carry-forwards valuation allowance	1,236,000
Deferred tax assets increase in valuation allowance	$ 984,000	$ 92,000
NOL carry-forwards value		1,737,000
Estimated payments of NOL		$ 575,000

Income Tax Provision - Schedule

Income Tax Provision - Schedule of Deferred Tax Assets (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Tax Provision - Schedule Of Deferred Tax Assets Details
Expected income tax benefit from NOL carry-forwards	$ 993,000	$ 252,000
Less valuation allowance	$ (993,000)	$ (252,000)
Deferred tax assets, net of valuation allowance

Income Tax Provision - Schedu45

Income Tax Provision - Schedule of Reconciliation of Federal Statutory Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Provision - Schedule Of Reconciliation Of Federal Statutory Income Tax Rate Details
Federal statutory income tax rate	3400.00%	3400.00%
Change in valuation allowance on net operating loss carry-forwards	(3400.00%)	(3400.00%)
Effective income tax rate	0.00%	0.00%

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Mar. 02, 2016	Dec. 31, 2015	Dec. 31, 2014	Feb. 04, 2016
Annual Salary		$ 5,396,798	$ 4,452,461
Subsequent Event [Member] | Wiz Wizard [Member}
Percentage of membership interest				50.00%
Subsequent Event [Member] | Randall S. Malinoff [Member} | Employment Agreement [Member}
Annual Salary	$ 150,000