Multimedia Platforms (MMPWQ) 10-Q 22 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 19, 2016
Document And Entity Information
Entity Registrant Name	MULTIMEDIA PLATFORMS INC.
Entity Central Index Key	1,424,328
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer	No
Is Entity a Voluntary Filer	No
Is Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		71,188,923
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash	$ 113,384	$ 68,153
Accounts receivable, net of allowance of $45,000 and $0	193,159	332,533
Other current assets	8,549	35,923
Deferred financing costs	100,000	620,000
Total current assets	415,092	1,056,609
Property and equipment, net of accumulated depreciation of $10,528 and $4,600	32,305	38,233
Other assets
Goodwill	6,734,197	6,734,197
Intangibles, net of amortization of $224,470 and $83,333	520,471	520,657
Deposits	9,120	9,120
Total other assets	7,263,788	7,263,974
Total assets	7,711,185	8,358,816
Current Liabilities
Accounts payable & accrued expenses	1,965,832	986,692
Deferred revenue		12,500
Convertible promissory notes, net of discount of $859,359 and $1,310,854	2,151,641	790,146
Notes - related party, net of discount of $5,275 and $124,766	594,725	375,234
Promissory notes, net of discount of $35,165 and $0	323,835	170,000
Loans	116,242	14,729
Due to related parties	497,513	320,002
Accrued interest payable	205,855	39,424
Convertible notes conversion derivative liability		236,594
Warrant liability	77,686	214,728
Total Current Liabilities	5,933,329	3,160,049
Long-term liabilities
Convertible promissory notes, net of discount of $0 and $580,115		209,885
Loan	27,850	35,681
Total long-term liabilities	27,850	245,566
Total liabilities	5,961,179	3,405,615
Commitments and contingencies
Stockholders' equity
Common stock, $0.001 par value 300,000,000 shares authorized; issued and outstanding 71,188,923 and 52,268,504 at June 30, 2016 and December 31, 2015, respectively.	71,188	52,268
Additional paid-in capital	13,465,556	9,585,248
Common stock payable	905,000	4,230,000
Deferred compensation		(921,375)
Accumulated (deficit)	(12,711,174)	(8,012,376)
Total stockholders' equity	1,750,006	4,953,201
Total liabilities and stockholders' equity	7,711,185	8,358,816
Preferred Stock Series A
Stockholders' equity
Preferred stock	18,000	18,000
Total stockholders' equity	18,000	18,000
Preferred Stock Series B
Stockholders' equity
Preferred stock	1,436	1,436
Total stockholders' equity	$ 1,436	$ 1,436

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Accounts receivable, net of allowance	$ 45,000	$ 0
Property and equipment, net of accumulated depreciation	10,528	4,600
Intangibles, net of amortization	224,470	83,333
Current Liabilities
Convertible promissory notes, net of discount	859,359	1,310,854
Notes - related party, net of discount	5,275	124,766
Promissory notes, net of discount	35,165	0
Long-term liabilities
Convertible promissory notes, net of discount	$ 0	$ 580,115
Stockholders' equity
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	71,188,923	52,268,504
Common stock, shares outstanding	71,188,923	52,268,504
Preferred Stock Series A
Stockholders' equity
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	40,000,000	40,000,000
Preferred stock, shares issued	17,999,995	17,999,995
Preferred stock, shares outstanding	17,999,995	17,999,995
Preferred Stock Series B
Stockholders' equity
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	4,000,000	4,000,000
Preferred stock, shares issued	1,435,598	1,435,598
Preferred stock, shares outstanding	1,435,598	1,435,598

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income
Net revenue	$ 754,513	$ 232,441	$ 1,459,168	$ 422,526
Cost of revenue	568,065	161,959	1,254,544	262,384
Gross profit	186,448	70,482	204,624	160,142
Operating expenses
General and administrative	1,495,875	818,350	2,231,515	1,984,866
Sales and marketing	247,664	176,486	542,601	296,963
Services - related party	595,405		849,736
Goodwill impairment				2,729,834
Total operating expenses	2,338,944	994,836	3,623,852	5,011,663
Loss from operations	(2,152,496)	(924,354)	(3,419,228)	(4,851,521)
Other Income and (Expense)
Interest expense	(101,219)	(46,266)	(240,978)	(72,477)
Accretion of debt discount	(709,910)	(148,833)	(1,419,028)	(159,118)
Change in fair value of convertible notes conversion derivative liability	12,403	(2,935,709)	236,594	(4,191,170)
Change in fair value of warrant liability	47,673	(2,825,003)	143,842	(4,200,004)
Total non-operating income (expense)	(751,053)	(5,955,811)	(1,279,570)	(8,622,769)
Earnings before income taxes	(2,903,549)	(6,880,165)	(4,698,798)	(13,474,290)
Provision for income taxes
Net loss	$ (2,903,549)	$ (6,880,165)	$ (4,698,798)	$ (13,474,290)
Net (loss) per common share basic	$ (0.04)	$ (0.19)	$ (0.07)	$ (0.39)
Weighted average common shares outstanding basic	72,714,860	35,798,817	70,544,907	34,134,789

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)	Preferred Stock Series A	Preferred Stock Series B	Common Stock	Common Stock Payable	Additional Paid-In Capital	Deferred Compensation	Accumulated Deficit	Total
Beginning Balance, Amount at Dec. 31, 2014			$ 30,749		$ 495,298		$ (370,116)	$ 155,931
Beginning Balance, Shares at Dec. 31, 2014			30,748,969
Shares issued in Merger, Amount	$ 27,213	$ 4,000	$ 1,502		(610,908)			(578,193)
Shares issued in Merger, Shares	27,212,694	4,000,000	1,502,477
Conversion of Series A preferred stock to common stock, Amount	$ (9,213)		$ 9,213
Conversion of Series A preferred stock to common stock, Shares	(9,212,699)		9,212,699
Conversion of Series B preferred stock to common stock, Amount		$ (2,564)	$ 2,564
Conversion of Series B preferred stock to common stock, Shares		(2,564,402)	2,564,402
Funds reclassified to equity from liabilities for Merger shares issued					138,874			138,874
Shares issued for Columbia Funmap, Inc. acquisition, Amount			$ 2,252		3,455,236			3,457,488
Shares issued for Columbia Funmap, Inc. acquisition, Shares			2,252,250
Shares issued for RND Enterprises, Inc. asset purchase, amount			$ 2,750		1,097,250			1,100,000
Shares issued for RND Enterprises, Inc. asset purchase, Shares			2,750,000
14.4 million shares to be issued for New Frontiers Media, LLC purchase, Amount				4,230,000				4,230,000
Shares issued in exchange for services, Amount			$ 2,385		2,282,855			2,285,240
Shares issued in exchange for services, Shares			2,384,457
Common stock issued for financing services, Amount			$ 500		594,500			595,000
Common stock issued for financing services, Shares			500,000
Common stock issued in exchange for 9% Convertible Note accrued interest, Amount			$ 353		105,622			105,975
Common stock issued in exchange for 9% Convertible Note accrued interest, Shares			353,250
Issuance of 4,500,000 warrants for fair value of services					1,228,500	(921,375)		307,125
Discount on convertible promissory note due to detachable warrants					733,785			733,785
Discount on convertible promissory note due to beneficial conversion feature					64,236			64,236
Net Income (Loss)							(7,642,260)	(7,642,260)
Ending Balance, Amount at Dec. 31, 2015	$ 18,000	$ 1,436	$ 52,268	4,230,000	9,585,248	(921,375)	(8,012,376)	4,953,201
Ending Balance, Shares at Dec. 31, 2015	17,999,995	1,435,598	52,268,504
14.4 million shares to be issued for New Frontiers Media, LLC purchase, Amount			$ 11,400	(3,420,000)	3,408,600
14.4 million shares to be issued for New Frontiers Media, LLC purchase, Shares			11,400,000
Shares issued in exchange for services, Amount			$ 5,520	45,000	130,480			181,000
Shares issued in exchange for services, Shares			5,520,419
Discount on convertible promissory note due to detachable warrants					16,292			16,292
Discount on convertible promissory note due to beneficial conversion feature					38,000			38,000
Discount on convertible promissory notes due issuance of common stock, Amount			$ 2,000	50,000	178,000			230,000
Discount on convertible promissory notes due issuance of common stock, Shares			2,000,000
Stock compensation recognized on warrants issued in exchange for services					108,936	921,375		1,030,311
Net Income (Loss)							(4,698,798)	(4,698,798)
Ending Balance, Amount at Jun. 30, 2016	$ 18,000	$ 1,436	$ 71,188	$ 905,000	$ 13,465,556		$ (12,711,174)	$ 1,750,006
Ending Balance, Shares at Jun. 30, 2016	17,999,995	1,435,598	71,188,923

Condensed Consolidated Stateme

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss	$ (4,698,798)	$ (13,474,290)
Adjustments to reconcile net loss to net cash provided (used in) operating activities:
Depreciation and amortization	149,765	50
Allowance for doubtful accounts	45,000
Share based compensation expense	1,706,311	1,153,240
Impairment of goodwill		2,729,834
Accretion of debt discount	1,419,028	159,118
Change in fair value of convertible notes conversion derivative liability	(236,594)	4,191,170
Change in fair value of warrant liability	(143,842)	4,200,004
Penalty interest	20,000
Changes in assets and liabilities, net of acquisitions:
(Increase) decrease in accounts receivable	94,374	41,038
(Increase) decrease in other current assets	52,374	(20,085)
Increase (decrease) in accounts payable and accrued expenses	1,005,388	16,629
Increase (decrease) in related party payable	177,511	17,014
Increase (decrease) in deferred revenue		(1,889)
Increase (decrease) in accrued interest	166,431	72,477
Net cash provided by (used) in operating activities	(243,052)	(915,690)
Cash flows from investing activities:
Capital expenditures	(143,651)	(15,538)
Cash paid for asset purchase		(200,000)
Cash from acquisitions		19,208
Net cash provided by (used) in investing activities	(143,651)	(196,330)
Cash flows from financing activities
Proceeds from convertible promissory notes	238,000	1,575,000
Proceeds from related party convertible promissory notes	50,000
Proceeds from promissory notes	50,000
Proceeds from loans	175,000
Payments on loans	(81,066)	(5,152)
Net cash provided by (Used) in financing activities	431,934	1,569,848
Increase (decrease) in cash	45,231	457,828
Cash and cash equivalents at beginning of period	68,153	9,232
Cash and cash equivalents at end of period	113,384	467,060
Supplemental disclosures of cash flow information
Cash paid during the year for: Taxes paid
Cash paid during the year for: Interest paid
Non-cash operating activities:
Value of 520,419 shares of common stock issued in exchange for services	36,000	1,153,240
5,000,000 Common shares issued for prepaid financial advisory fees	100,000
Debt discount recorded for value of commo stock issued	$ 230,000

Organization and Going Concern

Organization and Going Concern	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 1. Organization and Going Concern	Organization Our company's name is Multimedia Platforms, Inc. (the " Company On January 9, 2015, Multimedia Platforms, Inc. (the " Registrant Legal Acquirer Merger MMP LLC Accounting Acquirer Members Debt Holders Merger Shares The terms and conditions of the Merger gave rise to reverse merger accounting whereby MMP LLC was deemed the acquirer for accounting purposes. Consequently, the assets and liabilities and the historical operations of MMP LLC prior to the Merger are reflected in the financial statements and have been recorded at the historical cost basis of MMP LLC. Our financial statements include the assets and liabilities of both the Company and MMP LLC. On January 16, 2015, the Company, with the approval of its board of directors and its majority shareholders by written consent in lieu of a meeting, filed a Certificate of Amendment and Certificate of Change (collectively, the "Amendments") with the Secretary of State of Nevada. As a result of the Amendments, the Company (i) changed its name to Multi Media Platforms, Inc., (ii) authorized a 1:30 (one-for-thirty) reverse-split of its issued and authorized common shares, (iii) authorized 40,000,000 Series A Preferred Stock, par value $0.001, and (iv) authorized 4,000,000 Series B Preferred Stock, par value $0.001. On February 27, 2015, the Company completed the acquisition of Columbia Funmap, Inc., a New Jersey Corporation (" Funmap On June 17, 2015, the Company entered into an asset purchase agreement (the " Asset Purchase Agreement RND Next Magazine On September 8, 2015, the Company entered into a membership interest purchase agreement, dated as of September 8, 2015, with Mr. Michael A. Turner, the sole member of New Frontiers Media Holdings, LLC, (" Frontiers Media Going Concern The Company's financial statements are prepared using accounting principles generally accepted in the United States of America and applicable to a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. During the six months ended June 30, 2016, the Company recognized net revenue of $1,459,168 and a net loss of $4,698,798 and had negative working capital of $5,518,237 as of June 30, 2016. In view of these conditions, the ability of the Company to continue as a going concern is in doubt and dependent upon achieving a profitable level of operations and on the ability of the Company to obtain necessary financing to fund ongoing operations. Historically, the Company has relied upon internally generated funds and funds from the sale of shares of stock, issuance of promissory notes and loans from its shareholders and private investors to finance its operations and growth. Management is planning to raise necessary additional funds for working capital through loans and/or additional sales of its common stock. However, there is no assurance that the Company will be successful in raising additional capital or that such additional funds will be available on acceptable terms, if at all. Should the Company be unable to raise this amount of capital its operating plans will be limited to the amount of capital that it can access. These financial statements do not give effect to any adjustments which will be necessary should the Company be unable to continue as a going concern and therefore be required to realize its assets and discharge its liabilities in other than the normal course of business and at amounts different from those reflected in the accompanying financial statements.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 2. Summary of Significant Accounting Policies	Basis of Presentation The unaudited financial statements of Multimedia platforms, Inc. as of June 30, 2016, and for the three and six months ended June 30, 2016 and 2015, have been prepared in accordance with accounting principles generally accepted in the United States for interim financial reporting and include the Company's wholly-owned subsidiaries. Accordingly, they do not include all of the disclosures required by accounting principles generally accepted in the United States for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2015, as filed with the Securities and Exchange Commission as part of the Company's Form 10-K. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the interim financial information have been included. The Company did not record an income tax provision during the periods presented due to net taxable losses. The results of operations for any interim period are not necessarily indicative of the results of operations for the entire year. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Columbia Funmap, Inc., New Frontiers Media Holdings, LLC and Multimedia Platforms, LLC. All intercompany transactions and balances have been eliminated in consolidation. As of June 30, 2016, the Company has a 100% interest in Columbia Funmap, Inc., 100% interest in New Frontiers Media Holdings, LLC and 100% interest in Multimedia Platforms, LLC. The results of each of these entities are consolidated with the Company's results from and after their respective acquisition dates based on guidance from the Financial Accounting Standards Board (" FASB ASC Accounting estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates. Cash and cash equivalents The Company maintains cash balances at two financial institutions. The Company considers all highly liquid instruments purchased with an original maturity of three months or less and money market accounts to be cash equivalents. Accounts receivable Accounts receivable represent receivables from customers for the sale of advertising, website listings, sponsorships and events. Our receivables are recorded as invoiced and represent claims that will be settled in cash. Our collection policy is that payment is due at time of advertising printing. The Company has recorded a $45,000 allowance for doubtful accounts. Property, plant, and equipment Fixed assets are carried at cost, less accumulated depreciation and amortization. Major improvements are capitalized, while repair and maintenance are expensed when incurred. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. For federal income tax purposes, depreciation is computed under the modified accelerated cost recovery system. Depreciation for financial statement purposes is computed on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Useful Lives Office Equipment 3 - 5 years Furniture & equipment 5 - 7 years Long-lived assets The Company accounts for long-lived assets at cost. Other long-lived assets consist principally of property and equipment and identifiable intangible assets with finite useful lives (subject to amortization and depreciation). The Company may impair these assets whenever events or changes in circumstances indicate that the carrying amount of such assets may not be fully recoverable. The Company assesses the recoverability of long-lived assets using an assessment of the estimated undiscounted future cash flows related to such assets. In the event that assets are found to be carried at amounts which are in excess of estimated gross future cash flows, the assets will be adjusted for impairment to a level commensurate with fair value determined using a discounted cash flow analysis of the underlying assets. Goodwill We evaluate goodwill for impairment annually or more frequently when an event occurs or circumstances change that indicates the carrying value may not be recoverable. We test goodwill for impairment by first comparing the book value of net assets to the fair value of the reporting units. If the fair value is determined to be less than the book value or qualitative factors indicate that it is more likely than not that goodwill is impaired, a second step is performed to compute the amount of impairment as the difference between the estimated fair value of goodwill and the carrying value. We estimate the fair value of the reporting units using discounted cash flows. Forecasts of future cash flows are based on our best estimate of future net sales and operating expenses and general economic conditions. Revenue Recognition Revenues are recognized when persuasive evidence of an arrangement exists, the fees are fixed or determinable, the product or service has been delivered and collectability is reasonably assured. We consider the terms of each arrangement to determine the appropriate accounting treatment. Advertising Revenues Advertising revenues are recognized at the magazine cover date, net of agency commissions and discounts. Advertising revenues from websites are recognized as impressions are delivered or as the services are performed. Customer payments received in advance of the performance of advertising services are recorded as deferred revenue in the Balance Sheets. Concentrations of credit risk The Company performs ongoing credit evaluations of its customers. During the three and six months ended June 30, 2016 and 2015, no customer accounted greater than 10% of revenue. As of June 30, 2016, no customer accounted for greater than 10% of accounts receivable. Derivatives - Warrant Liability The Company accounts for the common stock warrants issued and still outstanding as of June 30, 2016 in connection with our 9% Convertible Notes (7,633,342 warrants) and Firstfire note (576,000 warrants) in accordance with the guidance contained in ASC 815-40-15-7F, "Contracts in Entity's Own Equity". Under that provision the warrants were determined to be ineligible for equity classification due to provisions that may result in an adjustment to their conversion or exercise prices via a down-round feature and must be recorded as a liability. Accordingly, the Company classifies the warrant instrument as a liability at its fair value and adjusts the instrument to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company's statements of operations. The fair value of the warrants issued by the Company in connection with the 9% Convertible Notes and Firstfire note has been estimated using a Monte Carlo simulation. The warrant derivative liability balance was $77,686 as of June 30, 2016. During the three and six months ended June 30, 2016, the Company recognized a gain of $47,673 and $143,842, respectively, in the fair value of warrant related derivatives compared to a loss of $2,825,003 and $4,200,004 during the three and six months ended June 30, 2015, respectively. Subsequent changes to the fair value of the derivative liabilities will continue to require adjustments to their carrying value that will be recorded as other income (in the event that their value decreases) or as other expense (in the event that their value increases). In general (all other factors being equal), the Company will record income when the market value of the Company's common stock decreases and will record expense when the value of the Company's stock increases. The Company's derivative liability has been measured at fair value at June 30, 2016 using a Monte-Carlo Simulation. Inputs into the model require estimates, including such items as estimated volatility of the Company's stock, estimated probabilities of additional financing, risk-free interest rate, dilution and the estimated life of the financial instruments being fair valued. In addition, since the conversion price contains an anti-dilution adjustment, the probability that the Conversion Price of the warrants would decrease as the share price decreased was also incorporated into the valuation calculation. Derivatives - Bifurcated Conversion Option in Convertible Notes The Company does not use derivative financial instruments to hedge exposures to cash-flow, market or foreign-currency risks. However, the Company has issued Convertible Notes with features that are either (i) not afforded equity classification, (ii) embody risks not clearly and closely related to host contracts, or (iii) may be net-cash settled by the counterparty. As required by ASC 815, Accounting for Derivative Financial Instruments and Hedging Activities, in certain instances, these instruments are required to be carried as derivative liabilities, at fair value, in our financial statements. The convertible notes conversion derivative liability was $0 as of June 30, 2016 During the three and six months ended June 30, 2016, the Company recognized a gain of $12,403 and $236,594, respectively, in the fair value of bifurcated conversion option related derivatives compared to a loss of $2,935,709 and $4,191,170 during the three and six months ended June 30, 2015, respectively. The 9% Convertible Notes and Firstfire note issued during year ended December 31, 2015 are subject to anti-dilution adjustments that allow for the reduction in the Conversion Price, as defined in the agreement, in the event the Company subsequently issues equity securities including Common Stock or any security convertible or exchangeable for shares of Common Stock for a price less than the current conversion price. The Company bifurcated and accounted for the conversion option in accordance with ASC 815 as a derivative liability, since this conversion feature is not considered to be indexed to the Company's own stock. The Company's derivative liability has been measured at fair value at June 30, 2016 using a Monte-Carlo Simulation. Fair Value of Financial Instruments We adopted ASC Topic 820 for financial instruments measured as fair value on a recurring basis. ASC Topic 820 defines fair value, established a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Disclosures about fair value of financial instruments, requires disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of June 30, 2016, the carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and other current assets and liabilities approximate fair value due to relatively short periods to maturity. The fair value of derivative liabilities is estimated using option pricing models that are based on the individual characteristics of our warrants, common stock, and derivative liability on the valuation date as well as assumptions for volatility, remaining expected life, risk-free interest rate, and in some cases, credit spread. The derivative liabilities are the only Level 3 fair value measures. At June 30, 2016, the estimated Level 3 fair values of the liabilities measured on a recurring basis are as follows: Fair Value Measurements at June 30, 2016 Carrying (Level 1) (Level 2) (Level 3) Assets $ - $ - $ - $ - Total assets measured at fair value $ - $ - $ - $ - Liabilities Derivative liability – convertible notes $ - $ - $ - $ - Derivative liability - warrants 77,686 - - 77,686 Total liabilities measured at fair value $ 77,686 $ - $ - $ 77,686 The following tables present the activity for Level 3 liabilities for the six months ended June 30, 2016: Fair Value Measurements Using Level 3 Inputs Warrant Derivative Liability Note Conversion Derivative Liability Total Balance – December 31, 2015 $ 236,594 $ 214,728 $ 451,322 Additions during the period - 6,800 6,800 Total unrealized (gains) or losses included in net loss (236,594) (143,842) (380,436) Balance – June 30, 2016 $ - $ 77,686 $ 77,686 Cost of Revenues Costs of revenues primarily relate to production (e.g., paper, printing and distribution) and editorial costs. Production costs directly related to publications are expensed in the period that revenue is recognized for a publication (e.g., on the cover date of a magazine). Staff costs recognized as costs of revenues are expensed as incurred. Advertising Costs Advertising costs are expensed as incurred. Advertising expense to third parties for the three months ended June 30, 2016 and 2015 were $2,638 and $1,487, respectively. Advertising expense to third parties for the six months ended June 30, 2016 and 2015 were $4,132 and $1,997, respectively. Shipping and Handling Costs incurred for shipping and handling are reflected in Costs of revenues in the Statements of Operations. Stock-Based Compensation The Company accounts for all compensation related to stock, options or warrants using a fair value based method whereby compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. We use the Black-Scholes pricing model to calculate the fair value of options and warrants issued to both employees and non-employees. In calculating this fair value, there are certain assumptions that we use consisting of the expected life of the option, risk-free interest rate, dividend yield, volatility and forfeiture rate. The use of a different estimate for any one of these components could have a material impact on the amount of calculated compensation expense. We periodically issue restricted common stock as compensation. Pursuant to ASC 505-50-30-6 issuances are valued using the market price of the stock or value of the services rendered on the date of the related agreement, whichever is more readily determinable. Income Taxes We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, we determine deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize deferred tax assets to the extent that we believe that these assets are more likely than not to be realized. In making such a determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If we determine that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, we would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. We record uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. Classification of Interest and Penalties Net Income (Loss) Per Share The computation of basic earnings per share (" EPS Following is the computation of basic and diluted net loss per share for the three and six months ended June 30, 2016 and 2015: June 30, June 30, 2016 2015 2016 2015 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (2,903,549 ) $ (6,880,165 ) $ (4,698,798 ) $ (13,474,290 ) Denominator: Weighted average number of common shares outstanding 72,714,860 35,798,817 70,544,907 34,134,789 Basic and diluted EPS $ (0.04) $ (0.19) $ (0.07) $ (0.39) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Series A preferred stock 17,999,995 27,212,694 17,999,995 27,212,694 Series B preferred stock 1,435,598 4,000,000 1,435,598 4,000,000 Convertible promissory notes 14,850,818 5,491,591 14,850,818 5,491,591 Common stock purchase warrants 17,551,009 6,050,002 17,551,009 6,050,002 Recent Accounting Pronouncements In September 2015, the FASB issued Accounting Standards Update (" ASU In April 2015, the FASB issued ASU 2015-05, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40). This ASU provides guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the software license element of the arrangement should be accounted for consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the arrangement should be accounted for as a service contract. For public business entities, the amendments will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU requires retrospective adoption and will be effective for fiscal years beginning after December 15, 2015 and for interim periods within those fiscal years. We expect the adoption of this guidance will not have a material impact on our financial statements. In February 2015, the FASB issued ASU 2015-02, "Amendments to the Consolidation Analysis", which amends the consolidation requirements in ASC 810 and significantly changes the consolidation analysis required under U.S. GAAP relating to whether or not to consolidate certain legal entities. Early adoption is permitted. The Company's effective date for adoption is January 1, 2016. The Company does not expect this accounting update to have a material effect on its consolidated financial statements in future periods, although that could change. In January 2015, the FASB issued ASU 2015-01, "Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items", which eliminates the concept from U.S. GAAP the concept of an extraordinary item. Under the ASU, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; or (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. Early adoption is permitted. The Company's effective date for adoption is January 1, 2016. The Company does not expect this accounting update to have a material effect on its consolidated financial statements in future periods, although that could change. In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers, to clarify the principles used to recognize revenue for all entities. In March 2016, the FASB issued ASU 2016-08 to further clarify the implementation guidance on principal versus agent considerations. The guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is permitted. The Company is currently evaluating the impact, if any, that the adoption of this guidance will have on the Company's consolidated financial statements and related disclosures. We review new accounting standards as issued. Although some of these accounting standards issued or effective after the end of our previous fiscal year may be applicable to us, we have not identified any standards that we believe merit further discussion. We believe that none of the new standards will have a significant impact on our financial statements

Fixed Assets

Fixed Assets	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 3. FIXED ASSETS	Fixed assets consisted of the following: June 30, December 31, 2016 2015 Office equipment $ 24,599 $ 24,599 Furniture and fixtures 18,234 18,234 Total fixed assets 42,833 42,833 Accumulated depreciation (10,528) (4,600) Fixed assets, net $ 32,305 $ 38,233 During the three months ended June 30, 2016 and 2015, the Company recognized $2,964 and $50, respectively, in depreciation expense. During the six months ended June 30, 2016 and 2015, the Company recognized $5,928 and $50, respectively, in depreciation expense.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 4. Intangible Assets	The components of intangible assets consisted of the following: Estimated Useful Life June 30, December 31, (Years) 2016 2015 Customer lists 2 $ 500,000 $ 500,000 Website development 5 247,641 103,990 Accumulated amortization (227,170) (83,333) Intangible assets, net $ 520,471 $ 520,657 During 2015 and the six months ended June 30, 2016, the Company began development of WiRLD.com and capitalized $103,990 and $143,651, respectively, pursuant to ASC 350-50, Intangibles – Goodwill and Other. Also, during 2015, the Company allocated $500,000 to customer lists as a result of the acquisition of Frontiers Media Holdings, LLC on September 8, 2015. The Company recognized amortization expense of $74,882 and $143,837 during the three and six months ended June 30, 2016, respectively. The estimated future aggregated amortization expense for intangible assets owned as of June 30, 2016 consisted of the following: Amortization Expense 2016 149,764 2017 216,195 2018 49,529 2019 49,528 2020 49,528 Thereafter 5,927 520,471

DEBT and Related liabilities

DEBT and Related liabilities	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 5. Debt and Related liabilities	As of June 30, 2016, the Company had the following debt and related liability balances: Debt and Related Liabilities Current Non Current Note Holder Issue Date Maturity Date Convertible Promissory Notes Notes - Related Party Promissory Notes Line of Credit Due to Related Parties Accrued Interest Convertible Promissory Notes Line of Credit (1) 9% Convertible promissory notes Various 9/18/16 to 3/28/17 $ 2,365,000 $ - $ - $ - $ - $ 122,368 $ - $ - (1) Firstfire Global Opportunities Fund 12/15/2015 1/16/2017 196,000 - - - - 4,869 - - (1) Lincoln Park Capital Fund, LLC 8/21/2015 12/31/2016 300,000 - - - - 13,144 - - (1) Terry King 10/29/2015 10/29/2016 50,000 - - - - 3,102 - - (1) Terry King 1/6/2016 1/6/2017 50,000 - - - - 2,202 - - (2) Mark Friedman 10/15/2015 2/12/2016 - 25,000 - - - 10,000 - - (2) Lawerence Rutstein, Chairman 10/15/2015 2/12/2016 - 25,000 - - - 10,000 - - (1) Lawerence Rutstein, Chairman 11/6/2015 5/4/2016 - 250,000 - - - 10,785 - - (3) Mark Friedman 2/18/2016 8/18/2016 - 25,000 - - - 729 - - (3) Lawerence Rutstein, Chairman 2/18/2016 8/18/2016 - 25,000 - - - 729 - - (3) $400,000 bridge note offering 2/18/2016 8/1/2016 - - 200,000 - - 6,560 - - (4) Michael Turner 11/8/2015 3/31/2016 - 250,000 - - - 9,124 - - (5) Various 11/6/2014 - 7/19/2015 3/31/2015 - 9/30/2015 - - 159,000 - - 11,325 - - (6) Crown Bridge Partners, LLC 4/8/2016 4/8/2017 50,000 - - - - 918 - - (7) Santander bank line of credit - - - 15,131 - - - 27,850 (8) Complete Business Solutions - - - 101,111 - - - - (9) Various related parties - - - - 497,513 - - - Totals 3,011,000 600,000 359,000 116,242 497,513 205,855 - 27,850 Debt discount (859,359 ) (5,275 ) (35,165 ) - - - - - Balance $ 2,151,641 $ 594,725 $ 323,835 $ 116,242 $ 497,513 $ 205,855 $ - $ 27,850 _______________ (1) See disclosure below. (2) On October 15, 2015, Mark Friedman, Director and C. Lawrence Rutstein, Chairman, each loaned the Company $25,000 and received a promissory note with identical terms, including maturity date of 120 days on February 12, 2016 and one-time interest payment of $10,000 bringing the total due under each note to $35,000. No other consideration was exchanged under the promissory notes. The notes are in default as of the date of this current report. (3) During the three months ended March 31, 2016, the Company initiated a private bridge note offering (the " Bridge Note Offering Bridge Note Bridge Note OfferingUnits (4) Promissory note with face amount of $250,000, interest of 4.5% and maturity of March 31, 2016 payable to Michael Turner, Director and President of Media Ventures Division pursuant to the purchase of New Frontiers Media, LLC on September 8, 2015. The Note is currently in default. During the three and six months ended June 30, 2016, the Company recognized $2,805 and $5,610, respectively, of interest expense with total accrued interest under this note totaling $9,124. see "NOTE 7 – BUSINESS COMBINATIONS" for additional information. (5) Represents notes acquired with the acquisition of New Frontiers Media Holdings, LLC on September 8, 2015 (the " Frontiers Notes (6) On April 8, 2016, the Company and Crown Bridge Partners, LLC (" Crown Crown Note (7) Represents a bank loan acquired with the acquisition of Columbia Funmap, Inc. on February 27, 2015. The loan was established on December 13, 2012 in the original amount of $75,000. Payments of principal and interest are due monthly at a variable interest rate currently at 4%. Payments are approximately $1,250 per month. (8) Working capital loan provided by Complete Business Solutions. The Company received $125,000 and is obligated to repay $175,000 over 180 business days at $972.22 per day. (9) Non-interest bearing advances by related parties used to cover operations and overhead costs not covered by revenues. As of June 30, 2016, includes $337,000 to Alan Beck, shareholder and consultant and $160,000 due to Michael Turner, shareholder and President of our digital media division. 9% Convertible Promissory Notes Financing of up to $2.5 million From March 2015 to September 2015, the Company entered into certain securities purchase agreements (the " Agreements Investors 9% Convertible Notes Company Warrant Securities Act Regulation D Regulation S The 9% Convertible Notes are due in 18 months and include interest at the rate of 9% per annum, due semi-annually. The initial interest payment is due in advance in cash or common stock (at the discretion of the Company) at $0.30 per share. Subsequent interest payments are payable at the discretion of the Investors in cash or common stock, with stock valued based on the 10 day VWAP for 10 days before the applicable interest due date. In the event of default, the 9% Convertible Notes interest rate shall increase to the lesser of fifteen percent (15%) or the highest rate permissible by law. The 9% Convertible Notes are convertible into common stock, at the Investor's option, at a price of $0.30 per share or 85% of the price common stock is sold at the next equity or convertible debt financing with gross proceeds to the Company of no less than $1,000,000 (the "Subsequent Financing"). Upon default the conversion price shall be permanently reduced to the lesser of $0.25 per share or the 10 day VWAP then in effect on the date of default. At no time may the 9% Convertible Notes be converted into shares of our common stock if such conversion would result in the Investors and its affiliates owning an aggregate of shares of our common stock in excess of 9.99% of the then outstanding shares of our common stock, provided such percentage may increase or decrease upon not less than 61 days prior written notice from the Investor. The Company Warrant has a four year term and an exercise price equal to the lesser of: (i) $0.75 or (ii) 85% of the price of the common stock (or common stock equivalents, or conversion price of debt instruments sold in such offering) sold at the Subsequent Financing. The Company Warrant includes the same ownership limitation described above in connection with the Company Note. The Company Warrant includes cashless exercise rights. During the year ended December 31, 2015, the Company raised $2,365,000 from the issuance of 9% Convertible Notes and issued 7,633,342 of Company Warrants. During the three months ended June 30, 2016 and 2015, the Company recognized $53,194 and $46,266, respectively, of interest expense. During the six months ended June 30, 2016 and 2015, the Company recognized $99,304 and $72,477, respectively, of interest expense. During the three months ended June 30, 2016 and 2015, the Company recognized $391,750 and $148,833, respectively, of debt discount accretion. During the six months ended June 30, 2016 and 2015, the Company recognized $783,500 and $159,118, respectively, of debt discount accretion. Financing with Firstfire Global Opportunities Fund LLC On December 15, 2015, the Company entered into a Securities Purchase Agreement with Firstfire Global Opportunities Fund LLC (" Firstfire Firstfire Note Firstfire Note Maturity Date · if paid by the Maturity Date, the principal sum of $176,000.00 and interest at the rate of five percent (5%); · if $0.00 of principal is paid by the Firstfire Note Maturity Date, then the principle sum of the face amount will be increased by 50% or $88,000 to the purchase price of $264,000.00 to be paid, at the discretion of Firstfire, in the form of cash or conversion into Common Stock plus interest; or · if a portion of the principal is paid plus interest in cash by the Firstfire Note Maturity Date, the face amount of the purchase price of $264,000 will be reduced by the amount that is 150% of the amount paid in cash by the Firstfire Note Maturity Date. The Firstfire Note is unsecured but is a senior obligation of the Company, with priority over all existing and future indebtedness (as defined in the Firstfire Note) of the Company, except that the Firstfire Note is treated pari passu with future indebtedness that is equal to, or exceeds, $250,000.00. Under the terms of the Firstfire Note, Firstfire has the right to convert at any time beginning on the Firstfire Note Maturity Date. The conversion price is $0.30. If, prior to the repayment or conversion of the Firstfire Note, the Company consummates a registered or unregistered primary offering of its securities for capital raising purposes, Firstfire has the right to (x) demand full repayment as determined under the terms of the note or (y) convert any outstanding principal amount and interest into Common Stock at the closing of such primary offering at a conversion price equal to the $0.30. If an event of default (as defined in the Firstfire Note) occurs, the conversion price shall equal the lower of (A) $0.30 and (B) a 10% discount to the offering price to investors in the primary offering. Under the terms of the Firstfire Note, the Company may pre-pay the outstanding principal amount of the Firstfire Note plus accrued interest upon three Trading Days prior written notice to Firstfire. If the Company exercises its right to prepay the Firstfire Note, the pre-payment amount will be equal to the sum of: (A) within 90 days of the Closing Date, 110% and (B) thereafter, 115%, multiplied by principal amount, plus accrued and default interest. As additional consideration, the Company granted Firstfire a warrant to purchase 176,000 shares of our common stock (the " Firstfire Warran The Firstfire Warrant includes the same ownership limitation described above in connection with the Firstfire Note. The Firstfire Warrant includes cashless exercise rights if a registration statement covering the resale of the Firstfire Warrant shares is not available for the resale of such Firstfire Warrant shares. On June 16, 2016 Firstfire and the Company entered into an Amendment and Waiver Agreement (the " FirstfireAmendment No. 1 Firstfire Warrant No. 2 The securities purchased by Firstfire were issued by the Company under the exemption from registration afforded by Section 4(a)(2) of the Securities Act, as amended and/or Regulation D promulgated thereunder, as the securities were issued to accredited investors, without a view to distribution, and were not issued through any general solicitation or advertisement. Because the economic characteristics and risks of the equitylinked conversion options contained in the Firstfire Note and Firstfire Amendment No. 1 are not clearly and closely related to a debt-type host, the conversion features require classification and measurement as derivative financial instruments. Additionally, due to the down-round feature contained in the Firstfire Warrant and Firstfire Warrant No. 2, they too are classified on the balance sheet as a liability with all firstfire instruments revalued each period with changes in value recorded as other income (expense). The initial fair value of the Firstfire Amendment No 1. derivative liability was $0 and determined using Monte Carlo simulation with the following inputs: quoted market price - $0.02; conversion price - $0.30, volatility - 178%; term - 0.08 years; and risk-free interest rate - 0.23%. The Firstfire Warrant No. 2liability was $6,800 and determined using Monte Carlo simulation with the following inputs: quoted market price - $0.02; conversion price - $0.30, volatility - 178%; term - 5 years; and risk-free interest rate - 1.10%, resulting in a fair value per share of $0.017 multiplied by the 400,000 shares that would be issued if the additional Firstfire Warrantswere exercised on the issuance date. During the three and six months ended June 30, 2016, the Company recognized $2,275 and $4,483, respectively of interest expense. During the three and six months ended June 30, 2016, the Company recognized $80,452 and $167,495, respectively of accretion related to the debt discounts. Derivative Liability related to the 9% Convertible Notes, Firstfire Note and Related Detachable Warrants ASC Topic No. 815 - Derivatives and Hedging provides guidance on determining what types of instruments or embedded features in an instrument issued by a reporting entity can be considered indexed to its own stock for the purpose of evaluating the first criteria of the scope exception in the pronouncement on accounting for derivatives. These requirements can affect the accounting for warrants and convertible preferred instruments issued by the Company. As the conversion features within the 9% Convertible Notes, Firstfire Note and related detachable warrants issued in connection with said notes do not have fixed settlement provisions because their conversion and exercise prices may be lowered if the Company issues securities at lower prices in the future, the Company concluded that the instruments are not indexed to the Company's stock and are to be treated as derivative liabilities. The accounting treatment of derivative financial instruments requires that the Company record the initial fair value of the derivative first by allocating the fair value of the embedded derivative as a reduction to the face value of the debt recorded as a contra liability or debt discount to be accreted over the term of the note; and if the fair value of the embedded derivative exceeds the face value of the note, the excess embedded derivative fair value is expensed as other expense and the related liability increased. On each reporting date, the fair value of the embedded derivative is calculated with changes in value recorded to other expense. In determining the fair value of the derivative liabilities, the Company used a Monte Carlo simulation at June 30, 2016. A summary of quantitative information with respect to valuation methodology and significant unobservable inputs used for the Company's 9% Convertible Notes, Firstfire Note and related warrant liabilities that are categorized within Level 3 of the fair value hierarchy as of June 30, 2016 is as follows: June 30, 2016 Common stock issuable upon conversion of notes 8,974,664 Common stock issuable upon exercise of warrants 8,209,342 Stock price $ 0.0185 Volatility (Annual) 178 % Strike price $0.75, 9% Convertible Note warrants; $0.40, Firstfire Note warrants; $0.30, 9% Convertible Notes Risk-free rate 0.18% to 0.76% Maturity date 3 - 5 years warrants; 0.08 – 1.5 years notes The following table sets forth, by level within the fair value hierarchy, the Company's derivative liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016: Balance at December 31, 2015 Initial valuation of derivative liabilities upon issuance of new securities during the period Increase (decrease) in fair value of derivative liabilities Fair value of derivatives upon reclass to additional paid-in capital Balance at June 30, 2016 Warrants derivative liability $ 236,594 $ - $ (236,594 ) $ - $ - Convertible note conversion derivative liability 214,728 6,800 (143,842 ) - 77,686 Total $ 451,322 $ 6,800 $ (380,436 ) $ - $ 77,686 Financing with Lincoln Park Capital Fund, LLC On August 21, 2015, the Company issued a Senior Convertible Note (the " Senior Convertible Note Lincoln Park OID The Company has the right to prepay the Senior Convertible Note, pursuant to the terms thereof, at any time, provided it pays a prepayment amount of 120% of the then outstanding balance, accrued interest and interest payable from the date of prepayment to the Maturity Date. The Senior Convertible Note provides for customary events of default such as failing to timely make payments under the Senior Convertible Note when due and the occurrence of certain fundamental defaults, as described in the Senior Convertible Note. The principal amount of the Senior Convertible Note and all accrued interest is convertible at the option of Lincoln Park into shares of our common stock at any time. The conversion price of the Senior Convertible Note is $0.30, as adjusted for stock splits, stock dividends, stock combinations or other similar transactions as provided in the Note. At no time may the Senior Convertible Note be converted into shares of our common stock if such conversion would result in Lincoln Park and its affiliates owning an aggregate of shares of our common stock in excess of 4.99% of the then outstanding shares of our common stock, provided such percentage may increase to 9.99% upon not less than 61 days prior written notice. As additional consideration for the loan, the Company granted Lincoln Park a six-year warrant to purchase 1,000,000 shares of our common stock (the "Warrant") at an exercise price of $0.50 per share. The Warrant includes the same ownership limitation described above in connection with the Convertible Note. The Warrant includes cashless exercise rights. The Senior Convertible Note and the Warrant were issued by the Company under the exemption from registration afforded by Section 4(a)(2) of the Securities Act, as amended and/or Regulation D promulgated thereunder, as the securities were issued to accredited investors, without a view to distribution, and were not issued through any general solicitation or advertisement. The company determined that the Senior Convertible Note's conversion feature is indexed to the Company's stock, which is an input to a fair value measurement of a fixed-for-fixed option on equity shares. Thus, the conversion feature of the notes meets the scope exception under FASB ASC 815-40-15-7 and treatment under ASC 470-20 – Debt with Conversion and Other Options is appropriate. As a result, the Company first allocated Senior Convertible Note principal between the Senior Convertible Note, OID and the warrants based upon their relative fair values. The estimated fair value of the warrants was calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $0.30 per share; estimated volatility – 150%; 5-year risk free interest rate – 1.44%; expected dividend rate - 0% and expected life - 6 years. This resulted in allocating $137,695 to the warrants and $132,305 to the Senior Convertible Note and $30,000 to the OID. Next, the intrinsic value of the beneficial conversion feature (the " BCF During the three and six months ended June 30, 2016, the Company recognized $3,856 and $5,206, respectively, of interest expense, and $54,819 and $109,638, respectively, of accretion related to the debt discount. Financing with Terry King On October 29, 2015, the Company issued a 9% Convertible Promissory Note (the " King Note Mr. King As additional consideration for the loan, the Company granted Mr. King a four-year warrant to purchase 125,000 shares of our common stock (the "King Warrant") at an exercise price of $0.75 per share. The King Warrant includes the same ownership limitation described above in connection with the King Note. The King Warrant does not include cashless exercise rights. The company determined that the King Note's conversion feature is indexed to the Company's stock, which is an input to a fair value measurement of a fixed-for-fixed option on equity shares. Thus, the conversion feature of the King Note meets the scope exception under FASB ASC 815-40-15-7 and treatment under ASC 470-20 – Debt with Conversion and Other Options is appropriate. As a result, the Company first allocated King Note principal between the King Note and the King Warrants based upon their relative fair values. The estimated fair value of the King Warrants was calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $0.30 per share; estimated volatility – 150%; 5-year risk free interest rate – 1.53%; expected dividend rate - 0% and expected life - 4 years. This resulted in allocating $18,750 to the King Warrants and $31,250 to the King Note. Next, the intrinsic value of the BCF was computed as the difference between the fair value of the common stock issuable upon conversion of the King Note and the total price to convert based on the effective conversion price. The calculated intrinsic value was $100,000. As this amount resulted in a total debt discount that exceeds the King Note proceeds, the amount recorded for the BCF was limited to principal amount of the King Note. The resulting $50,000 discount is being accreted over the 12 month term of the King Note. On January 6, 2016, the Company issued a 9% Convertible Promissory Note (the " King Note 2 As additional consideration for the loan, the Company granted Mr. King a three-year warrant to purchase 166,667 shares of our common stock (the " King Warrant 2 The company determined that the King Note 2 conversion feature is indexed to the Company's stock, which is an input to a fair value measurement of a fixed-for-fixed option on equity shares. Thus, the conversion feature of the King Note 2 meets the scope exception under FASB ASC 815-40-15-7 and treatment under ASC 470-20 – Debt with Conversion and Other Options is appropriate. As a result, Tthe Company first allocated King Note 2 principal between the King Note 2 and the King Warrant 2 based upon their relative fair values. The estimated fair value of the King Warrant 2 was calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $0.19 per share; estimated volatility – 158%; 3-year risk free interest rate – 1.26%; expected dividend rate - 0% and expected life - 3 years. This resulted in allocating $16,292 to the King Warrant 2 and $33,708 to the King Note 2. Next, the intrinsic value of the BCF was computed as the difference between the fair value of the common stock issuable upon conversion of the King Note 2 and the total price to convert based on the effective conversion price. The calculated intrinsic value was negative $9,958. As this amount resulted in a total debt discount that was less than the King Note 2 proceeds, the Company did not recognize any debt discount related to a BCF. The resulting $16,292 discount is being accreted over the 12 month term of the King Note 2. The King Notes and King Warrants were issued by the Company under the exemption from registration afforded by Section 4(a)(2) of the Securities Act, as amended and/or Regulation D promulgated thereunder, as the securities were issued to accredited investors, without a view to distribution, and were not issued through any general solicitation or advertisement. During the three and six months ended June 30, 2016, the Company recognized $2,328 and $4,524, respectively, of interest expense and $16,483 and $32,699, respectively, of accretion related to the debt discount recorded for both King Notes. Financing with C. Lawrence Rutstein, Chairman On November 6, 2015, the Company issued an 8% Promissory Note (the "Rutstein Note") to C. Lawrence Rutstein, Chairman of the Board of the Company ("Mr. Rutstein ") in the amount of $250,000. The Rutstein Note was issued pursuant to the terms of a Promissory Note dated as of the same date. The Rutstein Note bears interest at the rate of 8% per annum and the principal and interest were due on May 4, 2016. The Rutstein Note is currently in default. In consideration for the financing, the Company issued Mr. Rutstein a Common Stock Purchase Warrant (the "Rutstein Financing Warrant"), dated as of November 13, 2015, for 500,000 shares of the Company's common stock, which is exercisable in whole or in part, for an exercise price equal to $0.50 per share. The Rutstein Financing Warrant terminates four years from the date of issuance. The exercise price and number of shares of the Company's common stock issuable under the Rutstein Financing Warrant are subject to adjustments for stock dividends, splits, combinations and certain other events as set forth in the Rutstein Financing Warrant. The Company allocated Rutstein Note principal between the Rutstein Note and the Rutstein Financing Warrant based upon their relative fair values. The estimated fair value of the Rutstein Financing Warrant was calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $1.15 per share; estimated volatility – 149%; 3-year risk free interest rate – 1.20%; expected dividend rate - 0% and expected life - 4 years. This resulted in allocating $169,459 to the Rutstein Financing Warrant and $80,541 to the Rutstein Note. The resulting $169,459 discount was accreted over the six month term of the Rutstein Note. During the three and six months ended June 30, 2016, the Company recognized $5,182 and $10,262, respectively, of interest expense and $40,036 and $124,766, respectively, of accretion related to the debt discount. The Company repaid $2,500 of accrued interest during the six months ended June 30, 2016.

Stockholder's Equity

Stockholder's Equity	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 6. Stockholder's Equity	Preferred and Common Stock As of June 30, 2016 and December 31, 2015, there were 71,188,923 and 52,268,504 shares of common stock outstanding, respectively. As of June 30, 2016 and December 31, 2015 there were 17,999,995 shares of Series A Preferred Stock and 1,435,598 shares of Series B Preferred Stock outstanding; convertible into common stock at a ratio of one-for-one. Additionally, the Company has recorded in the equity section of its balance sheet $905,000 as common stock payable which relates to common stock to be issued related to the following: 1) 3,000,000 shares due in exchange for the purchase of New Frontiers Media Holdings, LLC; 2) 500,000 shares due as part of the Bridge Note Offering Units; and 3) 1,514,359 shares due in exchange for consulting services. All shares related to amounts recorded to common stock payable are reflected on an as-if issued basis for purposes of the weighted average share calculations reflected on the statement of operations. All share and per share amounts have been retrospectively restated to reflect the one-for-thirty reverse stock split affected January 16, 2015. During the six months ended June 30, 2016, the Company issued preferred stock and common stock as follows: · Issued 11,400,000 shares of restricted common stock pursuant to the 2015 purchase of New Frontiers Media Holdings, LLC valued at $3,420,000. · Issued 2,000,000 shares and became obligated to issue another 500,000 shares pursuant to the Bridge Note Offering. The shares issued were valued between $0.06 and $0.10 on the date of issuance and recorded as a $230,000 debt discount to the proceeds from the Bridge Notes. · Issued 520,419 shares of restricted common stock and recognized $36,000 of stock compensation expense in exchange for services valued at the fair value of services performed. · Issued 5,000,000 shares to Maxim Group, LLC as placement agent pursuant to an engagement agreement for the public offering of common stock. The shares were valued at $100,000 and capitalized in deferred financing costs until the closing of an offering at which time the asset will be reclassified as a charge to equity. Each share of Series A Preferred shall: (i) have a par value of $0.001 per share, (ii) rank on parity with the Company's common stock and any class of series of capital stock hereafter created, and (iii) be convertible into one share of common stock at the option of the holder until January 1, 2017 after which the right to convert to common stock ceases. Holders of the Series A Preferred are entitled to vote on all matters submitted to the Company's stockholders and are entitled to such number of votes as is equal to twice the number of shares of Series A Preferred stock such holder owns. The holders of Series A Preferred stock are not entitled to any dividends declared by the Company nor do such holders have any liquidation preferences or any other asset distribution rights as it relates to the Company. Each share of Series B Preferred shall: (i) have a par value of $0.001 per share, (ii) rank on parity with the Company's common stock and any class of series of capital stock hereafter created, but not higher than the Series A Convertible Preferred Stock, and (iii) be convertible into one share of common stock at the option of the holder until January 1, 2017 after which the right to convert to common stock ceases. Holders of the Series B Preferred have no voting rights, are not entitled to any dividends declared by the Company or have any liquidation preferences or any other asset distribution rights as it relates to the Company. Common Stock Warrants Each of the Company's warrants outstanding entitles the holder to purchase one share of the Company's common stock for each warrant share held. A summary of the Company's warrants outstanding and exercisable as of June 30, 2016 and December 31, 2015 is as follows: Number of Warrants as of: June 30, 2016 December 31, 2015 Exercise Price Date of Issuance Expiration Date (1) 7,633,342 7,633,342 $ 0.75 2015 2020 (2) 800,000 800,000 $ 0.75 April 15, 2015 March 20, 2019 (3) 1,500,000 1,500,000 $ 0.30 June 30, 3015 June 30, 2020 (4) 1,500,000 1,500,000 $ 0.30 July 29, 2015 July 29, 2020 (4) 1,500,000 1,500,000 $ 0.30 July 29, 2015 July 29, 2020 (5) 1,000,000 1,000,000 $ 0.50 August 21, 2015 August 21, 2021 (6) 125,000 125,000 $ 0.75 October 29, 2015 October 29, 2019 (7) 500,000 500,000 $ 0.50 November 6, 2015 November 6, 2019 (8) 1,750,000 1,750,000 $ 0.50 November 18, 2015 November 18, 2021 (9) 500,000 500,000 $ 0.50 November 13, 2015 November 13, 2019 (10) 176,000 176,000 $ 0.30 December 15, 2015 December 15, 2020 (10) 400,000 - $ 0.30 June 16, 2016 June 16, 2021 (11) 166,667 - $ 0.40 January 6, 2016 January 6, 2019 17,551,009 16,984,342 _______________ (1) Issued to various parties pursuant to the securities purchase agreement and 9% Convertible Notes. These warrants are accounted for at fair value and remeasured at each reporting period as described under "NOTE 5 – DEBT AND RELATED LIABILITIES". (2) Issued pursuant to prior financings with fixed conversion price, no down-round protection and included in equity. (3) The Company issued 1.5 million common stock purchase warrants to C. Lawrence Rutstein pursuant to a consulting agreement entered into on June 30, 2015. The consulting agreement has a term of 24 months with compensation solely in the form of 1.5 million warrants. The warrant includes Piggyback registration rights, cashless exercise, 5 year life, $0.30 exercise price. The warrants were evaluated for equity or liability accounting. Based on their terms, they are treated as equity. The fair value of the warrants was $0.271 as calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $.30 per share; estimated volatility - 147%; risk free interest rate - 1.63%; expected dividend rate - 0% and expected life - 5 years. Pursuant to ASC 505-50-25, Equity-based Payments to Non-Employees (4) The Company issued 3.0 million common stock purchase warrants, or 1.5 million each to Patrick Kolenik and Carry W Sucoff, pursuant to a consulting agreement entered into by each individual on July 29, 2015. The consulting agreements are identical and have a term of 24 months with compensation solely in the form of 1.5 million warrants each. Both warrants contain identical terms including Piggyback registration rights, cashless exercise, 5 year life and $0.30 exercise price. The warrants were evaluated for equity or liability accounting. Based on their terms, they are treated as equity. The fair value of the warrants was $0.274 as calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $.30 per share; estimated volatility - 152%; risk free interest rate - 1.62%; expected dividend rate - 0% and expected life - 5 years. Pursuant to ASC 505-50-25, Equity-based Payments to Non-Employees (5) Issued to Lincoln Park Capital Fund, LLC pursuant to that Senior Convertible Promissory Note dated August 21, 2015 as described under "NOTE 5 – DEBT AND RELATED LIABILITIES". (6) Issued to Terry King pursuant to the King Note as described under "NOTE 5 – DEBT AND RELATED LIABILITIES". (7) The Rutstein Financing Warrant Issued to Lawrence Rutstein, Chairman, pursuant to the Rutstein Note as described under "NOTE 5 – DEBT AND RELATED LIABILITIES". (8) On November 18, 2015, the Company issued to C. Lawrence Rutstein, Chairman of the Board, a warrant to purchase 1,750,000 shares of common stock in consideration for his services as a member of the Company's board of directors. The warrant has an exercise price of $0.50 per share and becomes exercisable with respect to one-third (1/3) of the total shares subject to the warrant (approximately 583,333 shares of common stock) on each of the following dates (i) November 18, 2015, which is the date of issuance, (ii) first anniversary of the date of issuance, and (iii) the second anniversary of the date of issuance. If at any time while there are shares subject to the warrant that are outstanding the Company is sold to a third party, whether through a stock sale or a sale of substantially all of its assets or in one or more transactions, all shares subject to the warrant fully vest and become exercisable. The warrant terminates on the fourth (4th) anniversary of the applicable vesting date with respect to each tranche of shares subject to the warrant that vest as described above. The warrants were evaluated for equity or liability accounting. Based on their terms, they are treated as equity. The fair value of the warrants was $0.249 as calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $.30 per share; estimated volatility - 149%; risk free interest rate - 1.69%; expected dividend rate - 0% and expected life - 4 years. The resulting total compensation expense of $435,750 will be expensed according to the vesting schedule described above. (9) On November 13, 2015, the Company issued to Mark Friedman, Director, warrants to purchase 500,000 shares of Common Stock on November 13, 2015, in consideration for services performed to date as a member of the Company's Board of Directors. The warrants have a term of 4 years and an exercise price of $0.40 per share. The warrants were evaluated for equity or liability accounting. Based on their terms, they are treated as equity. The fair value of the warrants was $0.254 as calculated using the Black-Scholes option pricing model and the following assumptions: market price of common stock - $.30 per share; estimated volatility - 149%; risk free interest rate - 1.67%; expected dividend rate - 0% and expected life - 4 years. The resulting total compensation expense of $127,000 was expensed on the date of issuance. (10) The Firstfire Warrant and Firstfire Warrant No. 2 Issued to Firstfire, pursuant to the Firstfire Note and Firstfire Amendment No. 1 as described under "NOTE 5 – DEBT AND RELATED LIABILITIES". (11) King Warrant 2 issued on January 6, 2016 in connection with the King Note 2 issued on the same date as described under "NOTE 5 – DEBT AND RELATED LIABILITIES". No warrants were exercised, expired, canceled or repriced during the six months ended June 30, 2016.

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 7. Business Combinations	The Company acquired three businesses during the year ended December 31, 2015. Business combinations are accounted for using the acquisition method, and the results of each of those acquired businesses are included in the consolidated financial statements beginning on the respective acquisition date. Acquisition method accounting requires, among other things, that assets acquired and liabilities assumed be recognized at their estimated fair values as of the acquisition date. Estimates of fair value included in the consolidated financial statements, in conformity with ASC No. 820, "Fair Value Measurements and Disclosures" ("ASC 820"), represent the Company's best estimates. The fair value of consideration transferred in business combinations is allocated to the tangible and intangible assets acquired and liabilities assumed at the acquisition date, with the remaining unallocated amount recorded as goodwill. The following estimates and assumptions are inherently subject to significant uncertainties and contingencies beyond the control of the Company. Accordingly, the Company cannot provide assurance that the estimates, assumptions, and values reflected in the valuations will be realized, and actual results could vary materially. The allocations of the acquisition price for recent acquisitions have been prepared on a preliminary basis, and changes to those allocations may occur as a result of final working capital adjustments and tax return filings. Acquired goodwill represents the premium the Company paid over the fair value of the net tangible and intangible assets acquired. The Company paid these premiums for a number of reasons, including growing the Company's merchant and customer base, acquiring assembled workforces, expanding its presence in national markets and expanding and advancing its product offerings. The goodwill from these business combinations is generally not deductible for tax purposes. Any changes to the initial estimates of the fair value of the assets and liabilities will be recorded as adjustments to those assets and liabilities and residual amounts will be allocated to goodwill. In accordance with ASC 805 "Business Combinations", if additional information is obtained about these assets and liabilities within the measurement period (not to exceed one year from the date of acquisition), including finalization of asset appraisals, the Company will refine its estimates of fair value to allocate the purchase price more accurately. Columbia Funmap, Inc. Acquisition On February 27, 2015, the Company entered into a Securities Purchase Agreement with, Columbia Funmap, Inc., a New Jersey Corporation, and Alan H. Beck, the President of Funmap for the purchase of 100% of common stock issued and outstanding of Funmap. The closing of the Securities Purchase Agreement occurred on February 27, 2015. The acquisition of Funmap will allow the Company to gain a distribution foothold in 35 metropolitan areas in North America and acquire control of a respected and vital travel tool for GLBT travelers, including the website www.gayosphere.com. The table below summarizes the estimates of fair value of the Funmap assets acquired and liabilities assumed as of the acquisition date. The net enterprise value of Funmap was valued at $3,467,488 which represented both the restricted common stock and notes issued by the Company for its 100% interest. Upon closing, the final purchase price consisted of the assumption of $93,968 of liabilities, issuance of 2,160,000 shares of restricted common stock to Mr. Beck, repayment of related party debt of $87,888 by issuing 92,250 shares of restricted common stock to Mr. Beck, and a note to Mr. Beck totaling $10,000. Additionally, the Company entered into a consulting agreement with Mr. Beck under which Mr. Beck will act as a national sales manager. The agreement has a term of 36 months, provides compensation of $5,000 per month plus 15% of cash collected for print sales sold directly by Consultant; plus a 3% override on print sales of FunMaps™; plus 20% of collected online sales made by Consultant, personally. The purchase price allocation is as follows: Cash and cash equivalents $ 17,240 Accounts receivable 64,382 Accounts payable (22,193 ) Loans (3,000 ) Credit cards (6,830 ) Line of credit (61,945 ) Subtotal Funmap net liabilities assumed (12,346 ) Amount of purchase price allocated to goodwill 3,479,834 Net assets acquired $ 3,467,488 Consideration paid: 2,160,000 shares of common stock 1) $ 3,369,600 92,250 shares of common stock issued for related party loans 87,888 Issuance of note 10,000 Total consideration $3,467,488 _______________ 1) The fair value of the 2,160,000 ordinary shares issued as part of the consideration paid for Funmap was determined on the basis of our stock price on the acquisition date. RND Enterprises Inc. Asset Purchase On June 17, 2015, the Company entered into an asset purchase agreement (the "Asset Purchase Agreement") with RND Enterprises, Inc. ("RND"), a New York company, pursuant to which the Company purchased substantially all of the assets of RND from its sole shareholder Mr. David Moyal, for a purchase price of $1,000,000, consisting of $200,000 in cash and $800,000 in shares of common stock. Immediately prior to the transaction, the 5% shareholder of RND transferred all his interests in RND to Mr. Moyal for nominal amount. In consideration, the Company agreed to pay to the minority shareholder $30,000 in cash and issue 750,000 shares of common stock valued at $0.40 per share. In aggregate, the Company completed the acquisition transaction for an amount equal to $1,330,000, consisting of $230,000 in cash payable at closing and $1,100,000 in the restricted shares of the Company's common stock, valued at $0.40 per share for a total of 2,750,000 shares. The transaction closed on June 17, 2015. RND is engaged in the business of publishing an LGBT culture magazine known as Next Magazine The table below summarizes the preliminary estimates of fair value of the RND assets acquired and liabilities assumed as of the acquisition date. The net enterprise value of the net assets purchased was valued at $1,330,000 which represented both the cash paid and restricted common stock issued by the Company. The purchase price allocation is as follows: Assets $ - Liabilities Amount of purchase price allocated to intangibles 1,330,000 Net assets acquired $ 1,330,000 Consideration paid: 2,750,000 shares of common stock 1) $ 1,100,000 Cash at closing 230,000 Total consideration $ 1,330,000 _______________ 1) The fair value of the 2,750,000 common stock issued as part of the consideration paid was determined to be $0.40 per share which is consistent with the price paid per share of $0.30 included in our 9% Convertible Promissory Notes. New Frontiers Media Holdings, LLC Acquisition On September 8, 2015, Multimedia Platforms, Inc. entered into that certain membership interest purchase agreement, dated as of September 8, 2015, with Mr. Michael A. Turner, the sole member of New Frontiers Media Holdings, LLC, a Delaware limited liability company, to purchase 100% of the membership interests of Frontiers Media (such agreement, together with all schedules, exhibits and attachments thereto, the "Purchase Agreement"). Pursuant to the Purchase Agreement, the Company paid the purchase price equal to $500,000 in cash, consisting of $250,000 payable at the closing date and the remaining $250,000 in the form of a promissory note accruing interest of 4.5% payable at the earlier of March 31, 2016 or the closing of an underwritten offering of not less than $3,000,000. In addition, Mr. Turner shall also receive an aggregate of 14,400,000 shares of the Company's common stock, of which 3,000,000 shares of common stock shall be placed in escrow to be released upon achieving certain milestones. The Shares are being issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. Additionally, on September 8, 2015, the Board of Directors (the "Board") of the Company appointed Mr. Turner as a member of the Board and President of Media Ventures Division of the Company. Mr. Turner will also remain as the President and Chairman of Frontiers Media. Under the Employment Agreement, Mr. Turner is entitled to an annual salary of $150,000 until the Company completes the closing of any underwritten offering of $3,000,000 or more, in which case, Mr. Turner's annual salary will be increased to $250,000. Pursuant to the Employment Agreement, Mr. Turner is eligible for an annual bonus to be determined by the Board and to participate in any other incentive plans (cash or equity) and employee benefits subject to the applicable terms of such plans or arrangements. The table below summarizes the preliminary estimates of fair value of the Frontiers Media assets acquired and liabilities assumed as of the acquisition date. The net enterprise value of Frontiers Media was valued at $4,730,000 which represented both the restricted common stock and notes issued by the Company for its 100% interest. Due to the lack of liquidity and volume in our common stock and significant share issuance to Mr. Turner, the market price of our common stock is not an accurate gauge of its value. Thus, management has assessed the fair value based on recent issuances of convertible notes with a $0.30 conversion price. The preliminary purchase price allocation is as follows: Net tangible assets acquired and liabilities assumed: Cash and cash equivalents $ (21,396 ) Accounts receivable 144,954 Other assets 33,773 PP&E 26,000 Deposits 9,120 Client list 500,000 MMP advances (19,004 ) Loans (195,000 ) Accounts payable and accrued liabilities (402,644 ) Subtotal Frontiers net liabilities assumed $ 75,803 Amount of purchase price allocated to goodwill 4,654,197 Net assets acquired $ 4,730,000 Consideration: 11,400,000 shares of common stock 1) $ 3,420,000 3,000,000 contingent shares 1) 810,000 Issuance of note 250,000 Cash paid 250,000 Total consideration $ 4,730,000 _______________ 1) The fair value of the 11,400,000 ordinary shares issued as part of the consideration paid for Frontiers Media was determined on the basis of our convertible promissory notes $0.30 conversion price. The 3,000,000 contingent shares placed into escrow will be released to Mr. Turner upon achieving certain milestones. These shares were valued based on a 90% probability that the related milestones would be met. Pro Forma Adjusted Summary The results of operations for Funmap, RND and Frontiers Media have been included in the consolidated financial statements subsequent to their acquisition dates. Under the acquisition method of accounting, the total purchase price was allocated to the tangible and intangible assets acquired on the basis of their respective estimated fair values at the dates of acquisition. The valuation of the identifiable intangible assets and their useful lives acquired reflects management's estimates. The following schedule presents unaudited consolidated pro forma results of operations data as if the acquisitions had occurred on January 1, 2014. This information does not purport to be indicative of the actual results that would have occurred if the acquisition had actually been completed on the date indicated, nor is it necessarily indicative of the future operating results or the financial position of the combined company: Six Months Ended June 30, 2016 2015 Net revenue $ 1,497,412 $ 445,305 Gross profit 249,118 172,921 Operating costs (1,917,541 ) (1,081,808 ) Stock compensation (1,706,311 ) (1,153,240 ) Impairment of goodwill - (2,729,834 ) Interest expense (240,978 ) (72,477 ) Accretion of debt discount (1,419,028 ) (159,118 ) Change in fair value of derivatives 380,436 (8,391,174 ) Net income (loss) $ (4,654,304 ) $ (13,414,730 ) All expenditures incurred in connection with the acquisitions were expensed and are included in selling, general and administrative expenses. The Company impaired $2,729,834 of goodwill related to the Funmap purchase during 2015, See "NOTE 8 – GOODWILL" for additional information.

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 8. Goodwill	The following table sets forth the carry value of the Company's goodwill as of June 30, 2016: During the Six Months Ended June 30, 2016 Balance at December 31, 2015 Good will Recognized at time of Purchase Goodwill Impaired Balance at June 30, 2016 Funmaps $ 750,000 $ - $ - $ 750,000 Next 1,330,000 - - 1,330,000 Frontiers Media 4,654,197 - - 4,654,197 Total $ 6,734,197 $ - $ - $ 6,734,197 In accordance with FASB ASC 350, "Intangibles – Goodwill and Other," we perform goodwill impairment testing at least annually, unless indicators of impairment exist in interim periods. The impairment test for goodwill uses a two-step approach. Step one compares the estimated fair value of a reporting unit with goodwill to its carrying value. If the carrying value exceeds the estimated fair value, step two must be performed. Step two compares the carrying value of the reporting unit to the fair value of all of the assets and liabilities of the reporting unit (including any unrecognized intangibles) as if the reporting unit was acquired in a business combination. If the carrying amount of a reporting unit's goodwill exceeds the implied fair value of its goodwill, an impairment loss is recognized in an amount equal to the excess. For purposes of reviewing impairment and the recoverability of goodwill, we must make various assumptions regarding estimated future cash flows and other factors in determining the fair values of the reporting unit. We perform an annual impairment review at the end of each fiscal year. During 2015, we performed a goodwill impairment test and estimated the fair value of our Funmap, RND and Frontiers reporting units based on the income approach (also known as the discounted cash flow ("DCF") method, which utilizes the present value of cash flows to estimate fair value). The future cash flows for our Funmap reporting unit was projected based on our estimates of future revenues, operating income and other factors (such as working capital and capital expenditures). The discount rates used in our DCF method were based on a weighted-average cost of capital ("WACC") determined from relevant market comparisons, adjusted upward for specific reporting unit risks (primarily the uncertainty of achieving projected operating cash flows). A terminal value growth rate was applied to the final year of the projected period and reflected our estimate of stable, perpetual growth. We then calculated a present value of the cash flows for the reporting unit to arrive at an estimate of fair value under the income approach and then used the market approach to corroborate this value. We determined that the carry value of the Funmap reporting unit exceeded the fair value under the income and market approach. As a result we impaired $2,729,834 as of December 31, 2015. The RND and Frontiers reporting units' fair value was greater than their carry values.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 9. Related Party Transactions	A related party with respect to the Company is generally defined as any person (i) (and, if a natural person, inclusive of his or her immediate family) that holds 10% or more of the Company's securities, (ii) that is part of the Company's management, (iii) that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. During the three months ended June 30, 2016, Alan Beck, shareholder and consultant advanced the Company $132,692 and was repaid $22,262. During the six months ended June 30, 2016, Mr. Beck advanced the Company $173,692 and was repaid $26,262. During the three and six months ended June 30, 2016, the Company recognized $37,500 and $75,000 of cash compensation expense for Michael Turner, President of Media Ventures Division, shareholder and former Director. During the three and six months ended June 30, 2016, the Company recognized $30,000 and $80,000 of cash compensation expense for Lawrence Rutstein, Chairman for consulting services.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
NOTE 10. Subsequent Events	Management has reviewed material events subsequent to June 30, 2016 and prior to the filing of financial statements in accordance with FASB ASC 855 "Subsequent Events". On July 18, 2016 Firstfire and the Company entered into a Second Amendment and Waiver Agreement (the " Firstfire Amendment No. 2 Firstfire Warrant No. 3 On July 29, 2016, the Company entered into a Master Credit Facility Agreement (the " Credit Agreement Subsidiaries Borrowers WW Loan The amounts borrowed pursuant to the Credit Agreement are evidenced by a Secured Promissory Note (the " Secured Note Security Agreement As additional security, the Company pledged its ownership interests in the Subsidiaries, pursuant to a Securities Pledge Agreement and Escrow Agreement entered into as of July 29, 2016. As partial consideration for WW entering into and structuring the Credit Agreement, the Company issued to WW (i) a common stock purchase warrant to purchase up to 2,500,000 shares of the Company's common stock with an exercise price of $0.01 per share (the "Fixed Common Stock Purchase Warrant"), (ii) a common stock purchase warrant to purchase up to 2,500,000 shares of the Company's common stock with an exercise price of $0.03 per share ( the "Pro-Rata Common Stock Purchase Warrant"), and (iii) a common stock purchase warrant to purchase shares of the Company's common stock in such amount and at such price as is determined by the formulas set forth therein (the "Adjustable Common Stock Purchase Warrant"). Additionally, the Company shall pay to WW the following fees in connection with the Credit Agreement (i) a non-utilization fee commencing on the first anniversary of the date of the Secured Note accruing at the rate of one percent (1%) per annum on the average daily unborrowed portion of the Secured Note payable quarterly in arrears and (ii) a consulting fee for services provided to the Company not to exceed $5,000 per month unless an Event of Default has occurred or WW agrees to undertake specific tasks associated with the operations of the Company. Pursuant to the Credit Agreement, an Event of Default includes, but is not limited to, the occurrence of any of the following: (i) the Borrower defaulting in making any payment when the payment shall become due under the Secured Note or any of the other Loan Documents (as defined in the Credit Agreement); (ii) the Borrower failing to comply with any term, covenant or agreement of the Credit Agreement or any other Loan Documents in accordance with the terms therein, which such failure continues for twenty days from the earlier of: (a) notice to WW or (b) the date on which the Borrower first became aware of non-compliance; and (iii) the commencement of proceedings under any bankruptcy or insolvency law by or against the Borrower or any other person primarily or secondarily liable under the Secured Note, or in respect thereof, including any person or entity who has pledged or granted to WW a security interest or other lien in property on behalf of the Borrower, or an inability of such person to pay its obligations when due.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Summary Of Significant Accounting Policies Policies
Basis of Presentation	The unaudited financial statements of Multimedia platforms, Inc. as of June 30, 2016, and for the three and six months ended June 30, 2016 and 2015, have been prepared in accordance with accounting principles generally accepted in the United States for interim financial reporting and include the Company's wholly-owned subsidiaries. Accordingly, they do not include all of the disclosures required by accounting principles generally accepted in the United States for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2015, as filed with the Securities and Exchange Commission as part of the Company's Form 10-K. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the interim financial information have been included. The Company did not record an income tax provision during the periods presented due to net taxable losses. The results of operations for any interim period are not necessarily indicative of the results of operations for the entire year.
Principles of Consolidation	The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Columbia Funmap, Inc., New Frontiers Media Holdings, LLC and Multimedia Platforms, LLC. All intercompany transactions and balances have been eliminated in consolidation. As of June 30, 2016, the Company has a 100% interest in Columbia Funmap, Inc., 100% interest in New Frontiers Media Holdings, LLC and 100% interest in Multimedia Platforms, LLC. The results of each of these entities are consolidated with the Company's results from and after their respective acquisition dates based on guidance from the Financial Accounting Standards Board (" FASB ASC
Accounting Estimates	The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates.
Cash and Cash Equivalents	The Company maintains cash balances at two financial institutions. The Company considers all highly liquid instruments purchased with an original maturity of three months or less and money market accounts to be cash equivalents.
Accounts receivable	Accounts receivable represent receivables from customers for the sale of advertising, website listings, sponsorships and events. Our receivables are recorded as invoiced and represent claims that will be settled in cash. Our collection policy is that payment is due at time of advertising printing. The Company has recorded a $45,000 allowance for doubtful accounts.
Property, plant, and equipment	Fixed assets are carried at cost, less accumulated depreciation and amortization. Major improvements are capitalized, while repair and maintenance are expensed when incurred. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. For federal income tax purposes, depreciation is computed under the modified accelerated cost recovery system. Depreciation for financial statement purposes is computed on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Useful Lives Office Equipment 3 - 5 years Furniture & equipment 5 - 7 years
Long-lived assets	The Company accounts for long-lived assets at cost. Other long-lived assets consist principally of property and equipment and identifiable intangible assets with finite useful lives (subject to amortization and depreciation). The Company may impair these assets whenever events or changes in circumstances indicate that the carrying amount of such assets may not be fully recoverable. The Company assesses the recoverability of long-lived assets using an assessment of the estimated undiscounted future cash flows related to such assets. In the event that assets are found to be carried at amounts which are in excess of estimated gross future cash flows, the assets will be adjusted for impairment to a level commensurate with fair value determined using a discounted cash flow analysis of the underlying assets.
Goodwill	We evaluate goodwill for impairment annually or more frequently when an event occurs or circumstances change that indicates the carrying value may not be recoverable. We test goodwill for impairment by first comparing the book value of net assets to the fair value of the reporting units. If the fair value is determined to be less than the book value or qualitative factors indicate that it is more likely than not that goodwill is impaired, a second step is performed to compute the amount of impairment as the difference between the estimated fair value of goodwill and the carrying value. We estimate the fair value of the reporting units using discounted cash flows. Forecasts of future cash flows are based on our best estimate of future net sales and operating expenses and general economic conditions.
Revenue Recognition	Revenues are recognized when persuasive evidence of an arrangement exists, the fees are fixed or determinable, the product or service has been delivered and collectability is reasonably assured. We consider the terms of each arrangement to determine the appropriate accounting treatment.
Advertising Revenues	Advertising revenues are recognized at the magazine cover date, net of agency commissions and discounts. Advertising revenues from websites are recognized as impressions are delivered or as the services are performed. Customer payments received in advance of the performance of advertising services are recorded as deferred revenue in the Balance Sheets.
Concentrations of credit risk	The Company performs ongoing credit evaluations of its customers. During the three and six months ended June 30, 2016 and 2015, no customer accounted greater than 10% of revenue. As of June 30, 2016, no customer accounted for greater than 10% of accounts receivable.
Derivatives - Warrant Liability	The Company accounts for the common stock warrants issued and still outstanding as of June 30, 2016 in connection with our 9% Convertible Notes (7,633,342 warrants) and Firstfire note (576,000 warrants) in accordance with the guidance contained in ASC 815-40-15-7F, "Contracts in Entity's Own Equity". Under that provision the warrants were determined to be ineligible for equity classification due to provisions that may result in an adjustment to their conversion or exercise prices via a down-round feature and must be recorded as a liability. Accordingly, the Company classifies the warrant instrument as a liability at its fair value and adjusts the instrument to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company's statements of operations. The fair value of the warrants issued by the Company in connection with the 9% Convertible Notes and Firstfire note has been estimated using a Monte Carlo simulation. The warrant derivative liability balance was $77,686 as of June 30, 2016. During the three and six months ended June 30, 2016, the Company recognized a gain of $47,673 and $143,842, respectively, in the fair value of warrant related derivatives compared to a loss of $2,825,003 and $4,200,004 during the three and six months ended June 30, 2015, respectively. Subsequent changes to the fair value of the derivative liabilities will continue to require adjustments to their carrying value that will be recorded as other income (in the event that their value decreases) or as other expense (in the event that their value increases). In general (all other factors being equal), the Company will record income when the market value of the Company's common stock decreases and will record expense when the value of the Company's stock increases. The Company's derivative liability has been measured at fair value at June 30, 2016 using a Monte-Carlo Simulation. Inputs into the model require estimates, including such items as estimated volatility of the Company's stock, estimated probabilities of additional financing, risk-free interest rate, dilution and the estimated life of the financial instruments being fair valued. In addition, since the conversion price contains an anti-dilution adjustment, the probability that the Conversion Price of the warrants would decrease as the share price decreased was also incorporated into the valuation calculation.
Derivatives - Bifurcated Conversion Option in Convertible Notes	The Company does not use derivative financial instruments to hedge exposures to cash-flow, market or foreign-currency risks. However, the Company has issued Convertible Notes with features that are either (i) not afforded equity classification, (ii) embody risks not clearly and closely related to host contracts, or (iii) may be net-cash settled by the counterparty. As required by ASC 815, Accounting for Derivative Financial Instruments and Hedging Activities, in certain instances, these instruments are required to be carried as derivative liabilities, at fair value, in our financial statements. The convertible notes conversion derivative liability was $0 as of June 30, 2016 During the three and six months ended June 30, 2016, the Company recognized a gain of $12,403 and $236,594, respectively, in the fair value of bifurcated conversion option related derivatives compared to a loss of $2,935,709 and $4,191,170 during the three and six months ended June 30, 2015, respectively. The 9% Convertible Notes and Firstfire note issued during year ended December 31, 2015 are subject to anti-dilution adjustments that allow for the reduction in the Conversion Price, as defined in the agreement, in the event the Company subsequently issues equity securities including Common Stock or any security convertible or exchangeable for shares of Common Stock for a price less than the current conversion price. The Company bifurcated and accounted for the conversion option in accordance with ASC 815 as a derivative liability, since this conversion feature is not considered to be indexed to the Company's own stock. The Company's derivative liability has been measured at fair value at June 30, 2016 using a Monte-Carlo Simulation.
Fair Value of Financial Instruments	We adopted ASC Topic 820 for financial instruments measured as fair value on a recurring basis. ASC Topic 820 defines fair value, established a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Disclosures about fair value of financial instruments, requires disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of June 30, 2016, the carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and other current assets and liabilities approximate fair value due to relatively short periods to maturity. The fair value of derivative liabilities is estimated using option pricing models that are based on the individual characteristics of our warrants, common stock, and derivative liability on the valuation date as well as assumptions for volatility, remaining expected life, risk-free interest rate, and in some cases, credit spread. The derivative liabilities are the only Level 3 fair value measures. At June 30, 2016, the estimated Level 3 fair values of the liabilities measured on a recurring basis are as follows: Fair Value Measurements at June 30, 2016 Carrying (Level 1) (Level 2) (Level 3) Assets $ - $ - $ - $ - Total assets measured at fair value $ - $ - $ - $ - Liabilities Derivative liability – convertible notes $ - $ - $ - $ - Derivative liability - warrants 77,686 - - 77,686 Total liabilities measured at fair value $ 77,686 $ - $ - $ 77,686 The following tables present the activity for Level 3 liabilities for the six months ended June 30, 2016:
Fair Value Measurements Using Level 3 Inputs	Warrant Derivative Liability Note Conversion Derivative Liability Total Balance – December 31, 2015 $ 236,594 $ 214,728 $ 451,322 Additions during the period - 6,800 6,800 Total unrealized (gains) or losses included in net loss (236,594 ) (143,842 ) (380,436 ) Balance – June 30, 2016 $ - $ 77,686 $ 77,686
Cost of Revenues	Costs of revenues primarily relate to production (e.g., paper, printing and distribution) and editorial costs. Production costs directly related to publications are expensed in the period that revenue is recognized for a publication (e.g., on the cover date of a magazine). Staff costs recognized as costs of revenues are expensed as incurred.
Advertising Costs	Advertising costs are expensed as incurred. Advertising expense to third parties for the three months ended June 30, 2016 and 2015 were $2,638 and $1,487, respectively. Advertising expense to third parties for the six months ended June 30, 2016 and 2015 were $4,132 and $1,997, respectively.
Shipping and Handling	Costs incurred for shipping and handling are reflected in Costs of revenues in the Statements of Operations.
Stock-Based Compensation	The Company accounts for all compensation related to stock, options or warrants using a fair value based method whereby compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. We use the Black-Scholes pricing model to calculate the fair value of options and warrants issued to both employees and non-employees. In calculating this fair value, there are certain assumptions that we use consisting of the expected life of the option, risk-free interest rate, dividend yield, volatility and forfeiture rate. The use of a different estimate for any one of these components could have a material impact on the amount of calculated compensation expense. We periodically issue restricted common stock as compensation. Pursuant to ASC 505-50-30-6 issuances are valued using the market price of the stock or value of the services rendered on the date of the related agreement, whichever is more readily determinable.
Income Taxes	We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, we determine deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize deferred tax assets to the extent that we believe that these assets are more likely than not to be realized. In making such a determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If we determine that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, we would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. We record uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. Classification of Interest and Penalties.
Net Income (Loss) Per Share	The computation of basic earnings per share (" EPS Following is the computation of basic and diluted net loss per share for the three and six months ended June 30, 2016 and 2015: June 30, June 30, 2016 2015 2016 2015 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (2,903,549 ) $ (6,880,165 ) $ (4,698,798 ) $ (13,474,290 ) Denominator: Weighted average number of common shares outstanding 72,714,860 35,798,817 70,544,907 34,134,789 Basic and diluted EPS $ (0.04 ) $ (0.19 ) $ (0.07 ) $ (0.39 ) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Series A preferred stock 17,999,995 27,212,694 17,999,995 27,212,694 Series B preferred stock 1,435,598 4,000,000 1,435,598 4,000,000 Convertible promissory notes 14,850,818 5,491,591 14,850,818 5,491,591 Common stock purchase warrants 17,551,009 6,050,002 17,551,009 6,050,002
Recent Accounting Pronouncements	In September 2015, the FASB issued Accounting Standards Update (" ASU In April 2015, the FASB issued ASU 2015-05, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40). This ASU provides guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the software license element of the arrangement should be accounted for consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the arrangement should be accounted for as a service contract. For public business entities, the amendments will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU requires retrospective adoption and will be effective for fiscal years beginning after December 15, 2015 and for interim periods within those fiscal years. We expect the adoption of this guidance will not have a material impact on our financial statements. In February 2015, the FASB issued ASU 2015-02, "Amendments to the Consolidation Analysis", which amends the consolidation requirements in ASC 810 and significantly changes the consolidation analysis required under U.S. GAAP relating to whether or not to consolidate certain legal entities. Early adoption is permitted. The Company's effective date for adoption is January 1, 2016. The Company does not expect this accounting update to have a material effect on its consolidated financial statements in future periods, although that could change. In January 2015, the FASB issued ASU 2015-01, "Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items", which eliminates the concept from U.S. GAAP the concept of an extraordinary item. Under the ASU, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; or (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. Early adoption is permitted. The Company's effective date for adoption is January 1, 2016. The Company does not expect this accounting update to have a material effect on its consolidated financial statements in future periods, although that could change. In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers, to clarify the principles used to recognize revenue for all entities. In March 2016, the FASB issued ASU 2016-08 to further clarify the implementation guidance on principal versus agent considerations. The guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is permitted. The Company is currently evaluating the impact, if any, that the adoption of this guidance will have on the Company's consolidated financial statements and related disclosures. We review new accounting standards as issued. Although some of these accounting standards issued or effective after the end of our previous fiscal year may be applicable to us, we have not identified any standards that we believe merit further discussion. We believe that none of the new standards will have a significant impact on our financial statements.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2016
Summary Of Significant Accounting Policies Tables
Property, plant, and equipment	For federal income tax purposes, depreciation is computed under the modified accelerated cost recovery system. Depreciation for financial statement purposes is computed on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Useful Lives Office Equipment 3 - 5 years Furniture & equipment 5 - 7 years
Fair values of the liabilities	At June 30, 2016, the estimated Level 3 fair values of the liabilities measured on a recurring basis are as follows: Fair Value Measurements at June 30, 2016 Carrying (Level 1) (Level 2) (Level 3) Assets $ - $ - $ - $ - Total assets measured at fair value $ - $ - $ - $ - Liabilities Derivative liability – convertible notes $ - $ - $ - $ - Derivative liability - warrants 77,686 - - 77,686 Total liabilities measured at fair value $ 77,686 $ - $ - $ 77,686
Fair Value Measurements Using Level 3 Inputs	Warrant Derivative Liability Note Conversion Derivative Liability Total Balance – December 31, 2015 $ 236,594 $ 214,728 $ 451,322 Additions during the period - 6,800 6,800 Total unrealized (gains) or losses included in net loss (236,594) (143,842) (380,436) Balance – June 30, 2016 $ - $ 77,686 $ 77,686
Net Income (Loss) Per Share	Following is the computation of basic and diluted net loss per share for the three and six months ended June 30, 2016 and 2015: June 30, June 30, 2016 2015 2016 2015 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (2,903,549 ) $ (6,880,165 ) $ (4,698,798 ) $ (13,474,290 ) Denominator: Weighted average number of common shares outstanding 72,714,860 35,798,817 70,544,907 34,134,789 Basic and diluted EPS $ (0.04) $ (0.19) $ (0.07) $ (0.39) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Series A preferred stock 17,999,995 27,212,694 17,999,995 27,212,694 Series B preferred stock 1,435,598 4,000,000 1,435,598 4,000,000 Convertible promissory notes 14,850,818 5,491,591 14,850,818 5,491,591 Common stock purchase warrants 17,551,009 6,050,002 17,551,009 6,050,002

Fixed Assets (Tables)

Fixed Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Fixed Assets Tables
Fixed assets	Fixed assets consisted of the following: June 30, December 31, 2016 2015 Office equipment $ 24,599 $ 24,599 Furniture and fixtures 18,234 18,234 Total fixed assets 42,833 42,833 Accumulated depreciation (10,528) (4,600) Fixed assets, net $ 32,305 $ 38,233

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Intangible Assets Tables
Intangible Assets	The components of intangible assets consisted of the following: Estimated Useful Life June 30, December 31, (Years) 2016 2015 Customer lists 2 $ 500,000 $ 500,000 Website development 5 247,641 103,990 Accumulated amortization (227,170) (83,333) Intangible assets, net $ 520,471 $ 520,657
Schedule of future aggregated amortization expense for intangible assets	The estimated future aggregated amortization expense for intangible assets owned as of June 30, 2016 consisted of the following: Amortization Expense 2016 149,764 2017 216,195 2018 49,529 2019 49,528 2020 49,528 Thereafter 5,927 520,471

Debt and Related liabilities (T

Debt and Related liabilities (Tables)	6 Months Ended
	Jun. 30, 2016
Debt And Related Liabilities Tables
Debt related balances	As of June 30, 2016, the Company had the following debt and related liability balances: Debt and Related Liabilities Current Non Current Note Holder Issue Date Maturity Date Convertible Promissory Notes Notes - Related Party Promissory Notes Line of Credit Due to Related Parties Accrued Interest Convertible Promissory Notes Line of Credit (1) 9% Convertible promissory notes Various 9/18/16 to 3/28/17 $ 2,365,000 $ - $ - $ - $ - $ 122,368 $ - $ - (1) Firstfire Global Opportunities Fund 12/15/2015 1/16/2017 196,000 - - - - 4,869 - - (1) Lincoln Park Capital Fund, LLC 8/21/2015 12/31/2016 300,000 - - - - 13,144 - - (1) Terry King 10/29/2015 10/29/2016 50,000 - - - - 3,102 - - (1) Terry King 1/6/2016 1/6/2017 50,000 - - - - 2,202 - - (2) Mark Friedman 10/15/2015 2/12/2016 - 25,000 - - - 10,000 - - (2) Lawerence Rutstein, Chairman 10/15/2015 2/12/2016 - 25,000 - - - 10,000 - - (1) Lawerence Rutstein, Chairman 11/6/2015 5/4/2016 - 250,000 - - - 10,785 - - (3) Mark Friedman 2/18/2016 8/18/2016 - 25,000 - - - 729 - - (3) Lawerence Rutstein, Chairman 2/18/2016 8/18/2016 - 25,000 - - - 729 - - (3) $400,000 bridge note offering 2/18/2016 8/1/2016 - - 200,000 - - 6,560 - - (4) Michael Turner 11/8/2015 3/31/2016 - 250,000 - - - 9,124 - - (5) Various 11/6/2014 - 7/19/2015 3/31/2015 - 9/30/2015 - - 159,000 - - 11,325 - - (6) Crown Bridge Partners, LLC 4/8/2016 4/8/2017 50,000 - - - - 918 - - (7) Santander bank line of credit - - - 15,131 - - - 27,850 (8) Complete Business Solutions - - - 101,111 - - - - (9) Various related parties - - - - 497,513 - - - Totals 3,011,000 600,000 359,000 116,242 497,513 205,855 - 27,850 Debt discount (859,359 ) (5,275 ) (35,165 ) - - - - - Balance $ 2,151,641 $ 594,725 $ 323,835 $ 116,242 $ 497,513 $ 205,855 $ - $ 27,850
Summary of derivative liability valuation	A summary of quantitative information with respect to valuation methodology and significant unobservable inputs used for the Company's 9% Convertible Notes, Firstfire Note and related warrant liabilities that are categorized within Level 3 of the fair value hierarchy as of June 30, 2016 is as follows: June 30, 2016 Common stock issuable upon conversion of notes 8,974,664 Common stock issuable upon exercise of warrants 8,209,342 Stock price $ 0.0185 Volatility (Annual) 178 % Strike price $0.75, 9% Convertible Note warrants; $0.40, Firstfire Note warrants; $0.30, 9% Convertible Notes Risk-free rate 0.18% to 0.76% Maturity date 3 - 5 years warrants; 0.08 – 1.5 years notes
Fair value on a recurring basis	The following table sets forth, by level within the fair value hierarchy, the Company's derivative liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016: Balance at December 31, 2015 Initial valuation of derivative liabilities upon issuance of new securities during the period Increase (decrease) in fair value of derivative liabilities Fair value of derivatives upon reclass to additional paid-in capital Balance at June 30, 2016 Warrants derivative liability $ 236,594 $ - $ (236,594 ) $ - $ - Convertible note conversion derivative liability 214,728 6,800 (143,842 ) - 77,686 Total $ 451,322 $ 6,800 $ (380,436 ) $ - $ 77,686

Stockholder's Equity (Tables)

Stockholder's Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders Equity Tables
Summary of Company's warrants outstanding and exercisable	Each of the Company's warrants outstanding entitles the holder to purchase one share of the Company's common stock for each warrant share held. A summary of the Company's warrants outstanding and exercisable as of June 30, 2016 and December 31, 2015 is as follows: Number of Warrants as of: June 30, 2016 December 31, 2015 Exercise Price Date of Issuance Expiration Date (1) 7,633,342 7,633,342 $ 0.75 2015 2020 (2) 800,000 800,000 $ 0.75 April 15, 2015 March 20, 2019 (3) 1,500,000 1,500,000 $ 0.30 June 30, 3015 June 30, 2020 (4) 1,500,000 1,500,000 $ 0.30 July 29, 2015 July 29, 2020 (4) 1,500,000 1,500,000 $ 0.30 July 29, 2015 July 29, 2020 (5) 1,000,000 1,000,000 $ 0.50 August 21, 2015 August 21, 2021 (6) 125,000 125,000 $ 0.75 October 29, 2015 October 29, 2019 (7) 500,000 500,000 $ 0.50 November 6, 2015 November 6, 2019 (8) 1,750,000 1,750,000 $ 0.50 November 18, 2015 November 18, 2021 (9) 500,000 500,000 $ 0.50 November 13, 2015 November 13, 2019 (10) 176,000 176,000 $ 0.30 December 15, 2015 December 15, 2020 (10) 400,000 - $ 0.30 June 16, 2016 June 16, 2021 (11) 166,667 - $ 0.40 January 6, 2016 January 6, 2019 17,551,009 16,984,342

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Jun. 30, 2016
Proforma Adjusted Summary	The following schedule presents unaudited consolidated pro forma results of operations data as if the acquisitions had occurred on January 1, 2014. This information does not purport to be indicative of the actual results that would have occurred if the acquisition had actually been completed on the date indicated, nor is it necessarily indicative of the future operating results or the financial position of the combined company: Six Months Ended June 30, 2016 2015 Net revenue $ 1,497,412 $ 445,305 Gross profit 249,118 172,921 Operating costs (1,917,541 ) (1,081,808 ) Stock compensation (1,706,311 ) (1,153,240 ) Impairment of goodwill - (2,729,834 ) Interest expense (240,978 ) (72,477 ) Accretion of debt discount (1,419,028 ) (159,118 ) Change in fair value of derivatives 380,436 (8,391,174 ) Net income (loss) $ (4,654,304 ) $ (13,414,730 )
Columbia Funmap, Inc. Acquisition [Member]
Summarizes the preliminary estimates of assets and liabilities	The purchase price allocation is as follows: Cash and cash equivalents $ 17,240 Accounts receivable 64,382 Accounts payable (22,193 ) Loans (3,000 ) Credit cards (6,830 ) Line of credit (61,945 ) Subtotal Funmap net liabilities assumed (12,346 ) Amount of purchase price allocated to goodwill 3,479,834 Net assets acquired $ 3,467,488 Consideration paid: 2,160,000 shares of common stock 1) $ 3,369,600 92,250 shares of common stock issued for related party loans 87,888 Issuance of note 10,000 Total consideration $3,467,488
RND Enterprises Inc. Asset Purchase [Member]
Summarizes the preliminary estimates of assets and liabilities	The purchase price allocation is as follows: Assets $ - Liabilities Amount of purchase price allocated to intangibles 1,330,000 Net assets acquired $ 1,330,000 Consideration paid: 2,750,000 shares of common stock 1) $ 1,100,000 Cash at closing 230,000 Total consideration $ 1,330,000
New Frontiers Media Holdings, LLC Acquisition [Member]
Summarizes the preliminary estimates of assets and liabilities	The preliminary purchase price allocation is as follows: Net tangible assets acquired and liabilities assumed: Cash and cash equivalents $ (21,396 ) Accounts receivable 144,954 Other assets 33,773 PP&E 26,000 Deposits 9,120 Client list 500,000 MMP advances (19,004 ) Loans (195,000 ) Accounts payable and accrued liabilities (402,644 ) Subtotal Frontiers net liabilities assumed $ 75,803 Amount of purchase price allocated to goodwill 4,654,197 Net assets acquired $ 4,730,000 Consideration: 11,400,000 shares of common stock 1) $ 3,420,000 3,000,000 contingent shares 1) 810,000 Issuance of note 250,000 Cash paid 250,000 Total consideration $ 4,730,000

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill Tables
Goodwill	The following table sets forth the carry value of the Company's goodwill as of June 30, 2016: During the Six Months Ended June 30, 2016 Balance at December 31, 2015 Good will Recognized at time of Purchase Goodwill Impaired Balance at June 30, 2016 Funmaps $ 750,000 $ - $ - $ 750,000 Next 1,330,000 - - 1,330,000 Frontiers Media 4,654,197 - - 4,654,197 Total $ 6,734,197 $ - $ - $ 6,734,197

Organization and Going Concern

Organization and Going Concern (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Organization And Going Concern Details Narrative
Recognized revenue	$ 754,513	$ 232,441	$ 1,459,168	$ 422,526
Net loss	(2,903,549)	$ (6,880,165)	(4,698,798)	$ (13,474,290)
Working capital	$ (5,518,237)		$ (5,518,237)

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2016
Office Equipment [Member] | Minimum [Member]
Estimated Useful Lives	3 years
Office Equipment [Member] | Maximum [Member]
Estimated Useful Lives	5 years
Furniture and fixtures [Member] | Minimum [Member]
Estimated Useful Lives	5 years
Furniture and fixtures [Member] | Maximum [Member]
Estimated Useful Lives	7 years

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Details 1) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Liabilities
Derivative liability - convertible notes		$ 236,594
Derivative liability - warrants	77,686
Total liabilities measured at fair value	77,686	$ 451,322
Level 1 [Member]
Assets
Total assets measured at fair value
Liabilities
Derivative liability - convertible notes
Derivative liability - warrants
Total liabilities measured at fair value
Level 2 [Member]
Assets
Total assets measured at fair value
Liabilities
Derivative liability - convertible notes
Derivative liability - warrants
Total liabilities measured at fair value
Fair Value, Inputs, Level 3 [Member]
Assets
Total assets measured at fair value
Liabilities
Derivative liability - convertible notes
Derivative liability - warrants	77,686
Total liabilities measured at fair value	$ 77,686

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Details 2)	6 Months Ended
	Jun. 30, 2016USD ($)
Balance at December 31, 2015	$ 451,322
Additions during the period	6,800
Total unrealized (gains) or losses included in net loss	(380,436)
Balance at June 30, 2016	77,686
Fair Value, Inputs, Level 3 [Member]
Balance at June 30, 2016	77,686
Warrant Derivative Liability [Member]
Additions during the period
Total unrealized (gains) or losses included in net loss	(236,594)
Warrant Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Balance at December 31, 2015	236,594
Additions during the period
Total unrealized (gains) or losses included in net loss	(236,594)
Note Conversion Derivative Liability [Member]
Additions during the period	6,800
Total unrealized (gains) or losses included in net loss	(143,842)
Note Conversion Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Balance at December 31, 2015	214,728
Additions during the period	6,800
Total unrealized (gains) or losses included in net loss	$ (143,842)

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Details 3) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Basic and Diluted EPS Computation
Loss available to common stockholder's	$ (2,903,549)	$ (6,880,165)	$ (4,698,798)	$ (13,474,290)
Weighted average number of common shares outstanding	72,714,860	35,798,817	70,544,907	34,134,789
Basic and diluted EPS	$ (0.04)	$ (0.19)	$ (0.07)	$ (0.39)
Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares):
Series A preferred stock	17,999,995	27,212,694	17,999,995	27,212,694
Series B preferred stock	1,435,598	4,000,000	1,435,598	4,000,000
Convertible promissory notes	$ 14,850,818	$ 5,491,591	$ 14,850,818	$ 5,491,591
Common stock purchase warrants	17,551,009	6,050,002	17,551,009	6,050,002

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Customer accounted for percentage of revenue			10.00%	10.00%
Customer accounted for percentage of accounts receivable	10.00%		10.00%
Change in fair value of warrant liability	$ 47,673	$ (2,825,003)	$ 143,842	$ (4,200,004)
Warrant liability	77,686		77,686		$ 214,728
Convertible notes conversion derivative liability					$ 236,594
Advertising expense to third parties	2,638	1,487	4,132	1,997
Fair value of bifurcated conversion option related derivatives	$ 12,403	$ (2,935,709)	$ 236,594	$ (4,191,170)
Convertible notes [Member]
Warrants issued			7,633,342
Firstfire note [Member]
Warrants issued			576,000
Columbia Funmap, Inc. [Member]
Percentage of subsidiaries	100.00%		100.00%
Multimedia Platforms, LLC [Member]
Percentage of subsidiaries	100.00%		100.00%
New Frontiers Media Holdings, LLC [Member]
Percentage of subsidiaries	100.00%		100.00%

Fixed Assets (Details)

Fixed Assets (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Total fixed assets	$ 42,833	$ 42,833
Accumulated depreciation	(10,528)	(4,600)
Fixed assets, net	32,305	38,233
Office Equipment [Member]
Total fixed assets	24,599	24,599
Furniture and fixtures [Member]
Total fixed assets	$ 18,234	$ 18,234

Fixed Assets (Details Narrative

Fixed Assets (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Fixed Assets Details Narrative
Depreciation expense	$ 2,964	$ 50	$ 5,928	$ 50

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Accumulated amortization	$ (227,170)	$ (83,333)
Intangible assets, net	$ 520,471	520,657
Customer lists [Member]
Estimated Useful Life (Years)	2 years
Intangible assets, gross	$ 500,000	500,000
Website development [Member]
Estimated Useful Life (Years)	5 years
Intangible assets, gross	$ 247,641	$ 103,990

Intangible Assets (Details 1)

Intangible Assets (Details 1) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Intangible Assets Details 1
2,016	$ 149,764
2,017	216,195
2,018	49,529
2,019	49,528
2,020	49,528
Thereafter	5,927
Intangible assets, net	$ 520,471	$ 520,657

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015
Intangible Assets Details Narrative
Amortization expense	$ 74,882	$ 143,837
Development cost		$ 143,651	$ 103,990

Debt And Related Liabilities (D

Debt And Related Liabilities (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Current Debt
Convertible promissory notes	$ 2,151,641	$ 790,146
Notes - Related Party	594,725	375,234
Promissory notes	323,835	170,000
Line of Credit	116,242
Due to related parties	497,513	320,002
Accrued interest	205,855	39,424
Non Current Debt
Convertible promissory notes		209,885
Line of Credit	27,850	$ 35,681
9% Convertible promissory notes [Member]
Current Debt
Convertible promissory notes	2,365,000
Notes - Related Party
Promissory notes
Accrued interest	122,368
Non Current Debt
Convertible promissory notes
9% Convertible promissory notes [Member] | Minimum [Member]
Maturity Date	Sep. 18, 2016
9% Convertible promissory notes [Member] | Maximum [Member]
Maturity Date	Mar. 28, 2017
Firstfire Global Opportunities Fund [Member]
Issue Date	Dec. 15, 2015
Maturity Date	Jan. 17, 2017
Current Debt
Convertible promissory notes	$ 196,000
Notes - Related Party
Promissory notes
Accrued interest	4,869
Non Current Debt
Convertible promissory notes
Lincoln Park Capital Fund, LLC [Member]
Issue Date	Aug. 21, 2015
Maturity Date	Dec. 31, 2016
Current Debt
Convertible promissory notes	$ 300,000
Notes - Related Party
Promissory notes
Accrued interest	13,144
Non Current Debt
Convertible promissory notes
Terry King [Member]
Issue Date	Oct. 29, 2015
Maturity Date	Oct. 29, 2016
Current Debt
Convertible promissory notes	$ 50,000
Notes - Related Party
Promissory notes
Accrued interest	3,102
Non Current Debt
Convertible promissory notes
Terry King 1 [Member]
Issue Date	Jan. 6, 2016
Maturity Date	Jan. 6, 2017
Current Debt
Convertible promissory notes	$ 50,000
Notes - Related Party
Promissory notes
Accrued interest	$ 2,202
Mark Friedman [Member]
Issue Date	Oct. 15, 2015
Maturity Date	Feb. 12, 2016
Current Debt
Convertible promissory notes
Notes - Related Party	25,000
Promissory notes
Accrued interest	10,000
Non Current Debt
Convertible promissory notes
Lawerence Rutstein, Chairman [Member]
Issue Date	Oct. 15, 2015
Maturity Date	Feb. 12, 2016
Current Debt
Convertible promissory notes
Notes - Related Party	25,000
Promissory notes
Accrued interest	10,000
Non Current Debt
Convertible promissory notes
Lawrence Rutstein, Chairman 1 [Member]
Issue Date	Nov. 6, 2015
Maturity Date	May 4, 2016
Current Debt
Convertible promissory notes
Notes - Related Party	250,000
Promissory notes
Accrued interest	10,785
Non Current Debt
Convertible promissory notes
Mark Friedman 1 [Member]
Issue Date	Feb. 18, 2016
Maturity Date	Aug. 18, 2016
Current Debt
Convertible promissory notes
Notes - Related Party	25,000
Promissory notes
Accrued interest	729
Non Current Debt
Convertible promissory notes
Lawrence Rutstein, Chairman 2 [Member]
Issue Date	Feb. 18, 2016
Maturity Date	Aug. 18, 2016
Current Debt
Convertible promissory notes
Notes - Related Party	25,000
Promissory notes
Accrued interest	729
Non Current Debt
Convertible promissory notes
Bridge Note Offering [Member]
Issue Date	Feb. 18, 2016
Maturity Date	Aug. 1, 2016
Current Debt
Convertible promissory notes
Notes - Related Party
Promissory notes	200,000
Accrued interest	$ 6,560
Michael Turner [Member]
Issue Date	Nov. 8, 2015
Maturity Date	Mar. 31, 2016
Current Debt
Convertible promissory notes
Notes - Related Party	250,000
Promissory notes
Accrued interest	9,124
Various [Member]
Current Debt
Convertible promissory notes
Notes - Related Party
Promissory notes	159,000
Accrued interest	$ 11,325
Various [Member] | Minimum [Member]
Issue Date	Nov. 6, 2014
Maturity Date	Mar. 31, 2015
Various [Member] | Maximum [Member]
Issue Date	Jul. 19, 2015
Maturity Date	Sep. 30, 2015
Crown Bridge Partners, LLC [Member]
Issue Date	Apr. 8, 2016
Maturity Date	Apr. 8, 2017
Current Debt
Convertible promissory notes	$ 50,000
Notes - Related Party
Promissory notes
Accrued interest	918
Santander bank line of credit [Member]
Current Debt
Convertible promissory notes
Notes - Related Party
Promissory notes
Line of Credit	15,131
Accrued interest
Non Current Debt
Line of Credit	27,850
Complete Business Solutions [Member]
Current Debt
Convertible promissory notes
Notes - Related Party
Promissory notes
Line of Credit	101,111
Accrued interest
Various related parties [Member]
Current Debt
Convertible promissory notes
Notes - Related Party
Promissory notes
Due to related parties	497,513
Accrued interest
Non Current Debt
Convertible promissory notes
Totals [Member]
Current Debt
Convertible promissory notes	3,011,000
Notes - Related Party	600,000
Promissory notes	359,000
Line of Credit	116,242
Due to related parties	497,513
Accrued interest	205,855
Non Current Debt
Convertible promissory notes
Line of Credit	27,850
Debt discount [Member]
Current Debt
Convertible promissory notes	(859,359)
Notes - Related Party	(5,275)
Promissory notes	(35,165)
Line of Credit
Due to related parties
Accrued interest
Non Current Debt
Convertible promissory notes
Line of Credit

Debt And Related Liabilities 37

Debt And Related Liabilities (Details 1)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Common stock issuable upon conversion of notes | shares	8,974,664
Common stock issuable upon exercise of warrants | shares	8,209,342
Stock price	$ 0.0185
Volatility (Annual)	178.00%
Convertible Note warrants [Member]
Strike price	$ 0.75
Firstfire Note warrants [Member]
Strike price	0.40
Notes [Member]
Strike price	$ 0.30
Notes [Member] | Minimum [Member]
Risk-free rate	0.18%
Maturity date	2 months 12 days
Notes [Member] | Maximum [Member]
Risk-free rate	0.76%
Maturity date	8 months 5 days
Warrants [Member] | Minimum [Member]
Maturity date	3 years
Warrants [Member] | Maximum [Member]
Maturity date	5 years

Debt And Related Liabilities 38

Debt And Related Liabilities (Details 2)	6 Months Ended
	Jun. 30, 2016USD ($)
Balance at December 31, 2015	$ 451,322
Initial valuation of derivative liabilities upon issuance of new securities during the period	6,800
Increase (decrease) in fair value of derivative liabilities	(380,436)
Fair value of derivatives upon reclass to additional paid-in capital
Balance at June 30, 2016	77,686
Warrant Derivative Liability [Member]
Balance at December 31, 2015	236,594
Initial valuation of derivative liabilities upon issuance of new securities during the period
Increase (decrease) in fair value of derivative liabilities	(236,594)
Fair value of derivatives upon reclass to additional paid-in capital
Balance at June 30, 2016
Note Conversion Derivative Liability [Member]
Balance at December 31, 2015	214,728
Initial valuation of derivative liabilities upon issuance of new securities during the period	6,800
Increase (decrease) in fair value of derivative liabilities	(143,842)
Fair value of derivatives upon reclass to additional paid-in capital
Balance at June 30, 2016	$ 77,686

Debt And Related Liabilities 39

Debt And Related Liabilities (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accretion of debt discount	$ (709,910)	$ (148,833)	$ (1,419,028)	$ (159,118)
9% Convertible Promissory Notes Financing of up to $2.5 million [Member]
Interest expense	53,194	46,266	99,304	72,477
Accretion of debt discount	391,750	$ 148,833	783,500	$ 159,118
Financing with Firstfire Global Opportunities Fund LLC [Member]
Interest expense	2,275		4,483
Accretion of debt discount	80,452		167,495
Financing with Lincoln Park Capital Fund, LLC [Member]
Interest expense	3,856		5,206
Accretion of debt discount	54,819		109,638
Financing with Terry King [Member]
Interest expense	2,328		4,524
Accretion of debt discount	16,483		32,699
Financing with C. Lawrence Rutstein, Chairman [Member]
Accrued interest repaid			2,500
Interest expense	5,182		10,262
Accretion of debt discount	$ 40,036		$ 124,766

Stockholder's Equity (Details)

Stockholder's Equity (Details) - $ / shares	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Number of Warrants	17,551,009	16,984,342
Common Stock Warrants [Member]
Number of Warrants	7,633,342	7,633,342
Exercise Price	$ 0.75
Date of Issuance	2,015
Expiration Date	2,020
Common Stock Warrants One [Member]
Number of Warrants	800,000	800,000
Exercise Price	$ 0.75
Date of Issuance	15-Apr-15
Expiration Date	20-Mar-19
Common Stock Warrants Two [Member]
Number of Warrants	1,500,000	1,500,000
Exercise Price	$ 0.3
Date of Issuance	30-Jun-15
Expiration Date	30-Jun-20
Common Stock Warrants Three [Member]
Number of Warrants	1,500,000	1,500,000
Exercise Price	$ 0.3
Date of Issuance	29-Jul-15
Expiration Date	29-Jul-20
Common Stock Warrants Four [Member]
Number of Warrants	1,500,000	1,500,000
Exercise Price	$ 0.3
Date of Issuance	29-Jul-15
Expiration Date	29-Jul-20
Common Stock Warrants Five [Member]
Number of Warrants	1,000,000	1,000,000
Exercise Price	$ 0.5
Date of Issuance	21-Aug-15
Expiration Date	21-Aug-21
Common Stock Warrants Six [Member]
Number of Warrants	125,000	125,000
Exercise Price	$ 0.75
Date of Issuance	29-Oct-15
Expiration Date	29-Oct-19
Common Stock Warrants Seven [Member]
Number of Warrants	500,000	500,000
Exercise Price	$ 0.5
Date of Issuance	6-Nov-15
Expiration Date	6-Nov-19
Common Stock Warrants Eight [Member]
Number of Warrants	1,750,000	1,750,000
Exercise Price	$ 0.5
Date of Issuance	18-Nov-15
Expiration Date	18-Nov-21
Common Stock Warrants Nine [Member]
Number of Warrants	500,000	500,000
Exercise Price	$ 0.5
Date of Issuance	13-Nov-15
Expiration Date	13-Nov-19
Common Stock Warrants Ten [Member]
Number of Warrants	176,000	176,000
Exercise Price	$ 0.3
Date of Issuance	15-Dec-15
Expiration Date	15-Dec-20
Common Stock Warrants Eleven [Member]
Number of Warrants	400,000
Exercise Price	$ 0.3
Date of Issuance	16-Jun-16
Expiration Date	16-Jun-21
Common Stock Warrants Twelve [Member]
Number of Warrants	166,667
Exercise Price	$ 0.4
Date of Issuance	6-Jan-16
Expiration Date	6-Jan-19

Stockholder's Equity (Details N

Stockholder's Equity (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Issued shares of restricted common stock, Shares	520,419
Issued shares of restricted common stock, Value	$ 36,000
Common stock shares issued and Outstanding	71,188,923	52,268,504
Preferred Stock Series A
Preferred stock	$ 18,000	$ 18,000
Preferred Stock Series B
Preferred stock	$ 1,436	$ 1,436
Maxim Group, LLC [Member]
Issued shares of restricted common stock, Shares	5,000,000
Issued shares of restricted common stock, Value	$ 100,000
Bridge Note Offering [Member]
Debt Discount	$ 230,000
Obligated shares	2,000,000
Shares pursuant to Bridge Note Offering	500,000
Bridge Note Offering [Member] | Minimum [Member]
Shares issued	$ 0.06
Bridge Note Offering [Member] | Maximum [Member]
Shares issued	$ 0.010
New Frontiers Media Holdings, LLC [Member]
Issued shares of restricted common stock, Shares	11,400,000
Issued shares of restricted common stock, Value	$ 3,420,000

Business Combinations (Details)

Business Combinations (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Amount of purchase price allocated to goodwill	$ 6,734,197	$ 6,734,197
Columbia Funmap, Inc. Acquisition [Member]
Cash and cash equivalents	17,240
Accounts receivable	64,382
Accounts payable	(22,193)
Loans	(3,000)
Credit cards	(6,830)
Line of credit	(61,945)
Subtotal Funmap net liabilities assumed	(12,346)
Amount of purchase price allocated to goodwill	3,479,834
Net assets acquired	3,467,488
2,160,000 shares of common stock	3,369,600
92,250 shares of common stock issued for related party loans	87,888
Issuance of note	10,000
Total consideration	$ 3,467,488

Business Combinations (Details

Business Combinations (Details 1) - RND Enterprises Inc. Asset Purchase [Member]	Jun. 30, 2016USD ($)
Assets
Amount of purchase price allocated to intangibles	1,330,000
Net assets acquired	1,330,000
2,750,000 shares of common stock	1,100,000	[1]
Cash at closing	230,000
Total consideration	$ 1,330,000
[1]	The fair value of the 2,750,000 common stock issued as part of the consideration paid was determined to be $0.40 per share which is consistent with the price paid per share of $0.30 included in our 9% Convertible Promissory Notes.

Business Combinations (Detail44

Business Combinations (Details 2) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Other assets	$ 7,263,788	$ 7,263,974
Deposits	9,120	9,120
Amount of purchase price allocated to goodwill	6,734,197	$ 6,734,197
New Frontiers Media Holdings, LLC Acquisition [Member]
Cash and cash equivalents	(21,396)
Accounts receivable	144,954
Other assets	33,773
PP&E	26,000
Deposits	9,120
Client list	500,000
MMP advances	(19,004)
Loans	(195,000)
Accounts payable and accrued liabilities	(402,644)
Subtotal Frontiers net liabilities assumed	75,803
Amount of purchase price allocated to goodwill	4,654,197
Net assets acquired	4,730,000
11,400,000 shares of common stock	3,420,000
3,000,000 contingent shares	810,000
Issuance of note	250,000
Cash paid	250,000
Total consideration	$ 4,730,000

Business Combinations (Detail45

Business Combinations (Details 3) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net revenue	$ 754,513	$ 232,441	$ 1,459,168	$ 422,526
Gross profit	186,448	70,482	204,624	160,142
Operating costs	2,338,944	994,836	3,623,852	5,011,663
Impairment of goodwill				2,729,834
Interest expense	(101,219)	(46,266)	(240,978)	(72,477)
Net income (loss)	$ (2,903,549)	$ (6,880,165)	(4,698,798)	(13,474,290)
Pro Forma Adjusted Summary [Member]
Net revenue			1,497,412	445,305
Gross profit			249,118	172,921
Operating costs			(1,917,541)	(1,081,808)
Stock compensation			(1,706,311)	(1,153,240)
Impairment of goodwill				(2,729,834)
Interest expense			(240,978)	(72,477)
Accretion of debt discount			(1,419,028)	(159,118)
Change in fair value of derivative liabilities			380,436	(8,391,174)
Net income (loss)			$ (4,654,304)	$ (13,414,730)

Goodwill (Details)

Goodwill (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Balance at December 31, 2015			$ 6,734,197
Goodwill Recognized at time of Purchase
Goodwill Impaired				$ (2,729,834)
Balance at March 31, 2016	6,734,197		6,734,197
Funmaps [Member]
Balance at December 31, 2015			750,000
Goodwill Recognized at time of Purchase
Goodwill Impaired
Balance at March 31, 2016	750,000		750,000
Next [Member]
Balance at December 31, 2015			1,330,000
Goodwill Recognized at time of Purchase
Goodwill Impaired
Balance at March 31, 2016	1,330,000		1,330,000
New Frontiers Media Holdings, LLC [Member]
Balance at December 31, 2015			4,654,197
Goodwill Recognized at time of Purchase
Goodwill Impaired
Balance at March 31, 2016	$ 4,654,197		$ 4,654,197

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015
Advance amount		$ 50,000
Shareholder And Consultant [Member]
Advance amount	$ 132,692	173,692
Repaid to the related party	22,262	26,262
President of Media Ventures Division [Member]
Cash compensation expense	37,500	75,000
Chairman for Consulting Services [Member]
Cash compensation expense	$ 30,000	$ 80,000