Southern Concepts Restaurant (RIBS) 10-K 16 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 07, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Southern Concepts Restaurant Group, Inc.
Entity Central Index Key	1,445,918
Amendment Flag	false
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2,015
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 18,178,316
Entity Common Stock, Shares Outstanding		70,818,764

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 1,107,330	$ 1,182,099
Prepaid expenses and other	117,499	66,023
Inventory	91,358	64,091
Total current assets	1,316,187	1,312,213
Deposits	$ 120,555	80,525
Deferred financing costs, net		28,369
Related party receivable	$ 25,787	25,787
Intangible asset, net	35,625	40,625
Property and equipment, net	4,279,096	2,986,050
Total assets	5,777,250	4,473,569
Current liabilities:
Accounts payable	256,252	91,792
Accrued expenses	$ 272,347	229,539
Related party notes payable and accrued interest		117,318
Notes payable and accrued interest		218,970
Convertible notes payable and accrued interest, current portion	$ 129,489	$ 129,589
Related party note payable (net of $365,940 (2015))	784,059
Total current liabilities	1,442,147	$ 787,208
Deferred rent	309,895	$ 303,070
Notes payable and accrued interest	$ 482,934
Related party note payable (net of $731,880 discount)		$ 520,184
Convertible notes payable and accrued interest, less current portion, (net of $514,545 (2015) and $528,019 (2014) discount)	$ 1,110,122	722,439
Total liabilities	$ 3,345,098	$ 2,332,901
Commitments and contingencies
Equity
Preferred stock - par value $0.001; Authorized Series A shares - 4,884,859 Issued and outstanding Series A shares - 4,884,859 (2015 and 2014)	$ 248,994	$ 248,994
Common stock - no par value; Authorized shares - 120,000,000 Issued and outstanding shares - 62,398,303 (2015) and 48,783,363 (2014)	9,799,319	7,916,942
Additional paid-in capital	3,873,710	2,602,171
Accumulated deficit	(12,092,077)	(8,692,743)
Total Southern Concepts Restaurant Group, Inc ("SCRG") equity	1,829,946	2,075,364
Noncontrolling interest	602,206	65,304
Total equity	2,432,152	2,140,668
Total liabilities and equity	$ 5,777,250	$ 4,473,569

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Convertible notes payable and accrued interest, discount	$ 514,545	$ 528,019
Related party note payable, discount	$ 365,940	$ 731,880
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	4,884,859	4,884,859
Preferred stock, shares issued	4,884,859	4,884,859
Preferred stock, shares outstanding	4,884,859	4,884,859
Common stock, shares authorized	120,000,000	120,000,000
Common stock, shares issued	62,398,303	48,783,363
Common stock, shares outstanding	62,398,303	48,783,363

CONSOLIDATED STATEMENTS OF LOSS

CONSOLIDATED STATEMENTS OF LOSS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Revenue	$ 6,579,106	$ 5,144,491
Operating expenses:
Restaurant operating costs (related party $401,092 and $383,400 for the years ended December 31, 2015 and 2014), exclusive of depreciation and amortization below	6,754,065	5,490,495
General and administrative	2,054,924	2,405,191
Selling and marketing	350,187	444,216
Depreciation and amortization	579,327	436,228
Total operating expenses	9,738,503	8,776,130
Loss from operations	(3,159,397)	(3,631,639)
Other expense:
Interest expense (related party $130,000 and nil for the years ended December 31, 2015 and 2014)	(729,748)	(137,376)
Net loss	(3,889,145)	(3,769,015)
Net loss attributable to noncontrolling interest	(489,811)	(374,014)
Net loss attributable to SCRG	(3,399,334)	(3,395,001)
Net loss	$ (3,889,145)	$ (3,769,015)
Basic and diluted net loss per share attributable to SCRG common shareholders	$ (0.06)	$ (0.08)
Weighted average number of common shares outstanding - basic and diluted	52,685,296	42,302,121

CONSOLIDATED STATEMENTS OF LOS5

CONSOLIDATED STATEMENTS OF LOSS (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Related party expenses	$ 401,092	$ 383,400
Related party interest expense	$ 130,000	$ 130,000

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)	Common Stock [Member]	Preferred Stock	Additional Paid-In Capital	Accumulated Deficit	Non-Controlling Interest	Total
Balances, beginning at Dec. 31, 2013	$ 4,925,860		$ 1,086,609	$ (5,297,742)	$ 439,318	$ 1,154,045
Balances, beginning, shares at Dec. 31, 2013	9,629,220
Issuance of common stock for cash	$ 1,254,913					1,254,913
Issuance of common stock for cash, shares	4,183,042
Acquisition of BBHCLLC for common and preferred shares	$ 1,033,429	$ 929,878				1,963,307
Acquisition of BBHCLLC for common and preferred shares, shares	20,274,201	18,242,687
Debt discount on convertible debt allocated to warrants and beneficial conversion feature			$ 308,626			308,626
Stock-based compensation			$ 475,056			475,056
Issuance of common stock for services	$ 21,503					$ 21,503
Issuance of common stock for services, shares	51,678					30,000
Exercise of stock options	$ 53					$ 53
Exercise of stock options, shares	192,832
Exercise of warrants	$ 300					$ 300
Exercise of warrants, shares	1,094,562
Conversion of preferred shares to common stock	$ 680,884	$ (68,088)
Conversion of preferred shares to common stock, shares	13,357,828	(13,357,828)
Debt discount on long-term debt allocated to warrants			$ 731,880			$ 731,880
Net loss				$ (3,395,001)	$ (374,014)	(3,769,015)
Balances, ending at Dec. 31, 2014	$ 7,916,942	$ 248,994	$ 2,602,171	$ (8,692,743)	$ 65,304	$ 2,140,668
Balances, ending, shares at Dec. 31, 2014	48,783,363	4,884,859				48,783,363
Issuance of common stock for cash						$ 1,849,019
Issuance of common stock and warrants for cash	$ 1,849,019		837,480			$ 2,686,499
Issuance of common stock and warrants for cash, shares	13,386,852
Acquisition of BBHCLLC for common and preferred shares
Debt discount on convertible debt allocated to warrants and beneficial conversion feature			109,130			$ 109,130
Stock-based compensation			$ 324,929			324,929
Issuance of common stock for services	$ 33,333					33,333
Issuance of common stock for services, shares	136,874
Exercise of stock options	$ 25					25
Exercise of stock options, shares	91,214
Contribution by non-controlling interest holder					$ 1,084,023	1,084,023
Distribution to non-controlling interest holder					(57,310)	(57,310)
Net loss				$ (3,399,334)	(489,811)	(3,889,145)
Balances, ending at Dec. 31, 2015	$ 9,799,319	$ 248,994	$ 3,873,710	$ (12,092,077)	$ 602,206	$ 2,432,152
Balances, ending, shares at Dec. 31, 2015	62,398,303	4,884,859				62,398,303

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities
Net loss	$ (3,889,145)	$ (3,769,015)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount	516,995	76,469
Stock-based compensation	324,929	475,056
Depreciation and amortization	$ 579,327	436,228
Amortization of prepaid management services and guarantees		99,820
Stock issues for services	$ 33,333	21,503
Interest attributed to converted debt		47,556
Changes in operating assets and liabilities
Prepaid expenses	$ (51,476)	226,054
Deposit	(40,030)	(24,614)
Inventory	(27,267)	(32,532)
Accounts payable	164,460	10,777
Accrued expenses and interest	123,494	9,179
Deferred rent	6,825	68,170
Net cash used in operating activities	$ (2,258,555)	(2,355,349)
Cash flows from investing activities
Cash acquired in acquisition		869,907
Note receivable advance		(25,334)
Purchase of property and equipment	$ (1,867,372)	(350,771)
Net cash (used in) provided by investing activities	(1,867,372)	$ 493,802
Cash flows from financing activities
Contribution to subsidiary by non-controlling interest	984,022
Distribution to non-controlling interest holders	(57,310)
Payment of related party promissory notes	(125,000)
Payment of long-term debt	(17,066)
Proceeds from sale of common stock and warrants	2,686,499	$ 1,254,913
Proceeds from issuance of promissory notes and warrants	$ 280,000	460,000
Proceeds from issuance of long-term debt, net		1,197,714
Proceeds from issuance of related party promissory note		115,000
Proceeds from bank loan	$ 299,988	2,055
Proceeds from exercise of a stock options and warrants	25	353
Net cash provided by financing activities	4,051,158	3,030,035
Net (decrease) increase in cash and cash equivalents	(74,769)	1,168,488
Cash and cash equivalents, beginning	1,182,099	13,611
Cash and cash equivalents, ending	$ 1,107,330	1,182,099
Supplemental disclosure of non-cash operating, investing and financing activities:
Preferred stock converted to common stock		680,884
Acquisition of BBHCLLC in exchange for preferred and common stock		$ 1,963,307
Note payable exchanged for subsidiary equity	$ 100,000
Debt discount related to beneficial conversion features and warrants	109,130	$ 1,040,506
Cash paid for interest	$ 130,481	$ 16,215

ORGANIZATION, RECENT EVENTS, BA

ORGANIZATION, RECENT EVENTS, BASIS OF PRESENTATION AND MANAGEMENT'S PLANS	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, RECENT EVENTS, BASIS OF PRESENTATION AND MANAGEMENT'S PLANS	NOTE 1 – ORGANIZATION, RECENT EVENTS, BASIS OF PRESENTATION AND MANAGEMENT’S PLANS Organization and Recent Events Southern Concepts Restaurant Group, Inc. (“SCRG” or the “Company”) is a Colorado corporation that was formed on January 29, 2008. The Company, on March 9, 2015, with approval of a majority of the Company’s shareholders, changed its name from Bourbon Brothers Holding Corporation to Southern Concepts Restaurant Group, Inc. The Company operates and manages restaurants through its wholly-owned and majority-owned subsidiaries, including: SH Franchisee & Licensing Corp. (“SH”) Southern Hospitality Denver Holdings, LLC (“SHDH”) Southern Hospitality Denver, LLC (“SHD”) Southern Hospitality Lone Tree, LLC (“SHLT”) Carve Restaurant Group, LLC (“CRG”) Carve BBQ Glendale, LLC (“CARVEG”) Southern Hospitality Southern Kitchen Colorado Springs, LLC (“SHSK”) Bourbon Brothers Holding Company, LLC (“BBHCLLC”) Bourbon Brothers Restaurant Group, LLC (“BBRG”) The Company began revenue generating activities in late February 2013, with the opening of its first Denver-based restaurant. In January 2014, the Company opened its second restaurant in Colorado Springs, Colorado, and in April 2015, the Company opened its third restaurant in Lone Tree, Colorado (the “SHLT” restaurant). The Company developed a fast casual concept, called Carve Barbecue, in which the Company entered into a lease in Glendale, Colorado in April 2015 through a newly-formed 66.075% owned subsidiary (the “CARVEG” restaurant). The Company opened this location on November 5, 2015. In February 2015, the Company also executed a sixth amendment to the Franchise Agreement which specifically granted SCRG the right to develop two new full service Southern Hospitality restaurants during 2015, the locations of which were named in the document to be Lone Tree, Colorado and downtown Colorado Springs, Colorado. Additionally, the sixth amendment granted the Company the right to rebrand its Bourbon Brothers Southern Kitchen restaurant in northern Colorado Springs into a Southern Hospitality-branded full service franchised restaurant operating under the trade name Southern Hospitality Southern Kitchen, a differentiated and slightly more upscale concept to that of the original concept. The Company is a party to a franchise agreement (the “FA” or the “Franchise Agreement”) with SH Franchising & Licensing LLC, dba Southern Hospitality BBQ (the “Franchisor” or “SHFL”). In addition, in February 2015, the Company entered into a Master License Agreement (“MLA”) with SHFL which grants the Company the right to license up to five Southern Hospitality-branded fast casual restaurants (SHQ) in the Denver and Colorado Springs markets through August 2016. SHFL and SCRG have agreed to a royalty of 2.5% of gross sales on each of the new SHQ locations. The agreement pertains exclusively to the Company’s right to develop the SHQ locations and does not restrict the Company from developing a similar, competitive brand in the future. Finally, in developing the SHQ concept, SCRG will retain joint ownership of this concept, which pertains to the functionality of the restaurant. The Company does not anticipate to open a SHQ in the near future. During 2016, the Company is exploring options for growth for the Company’s two brands, Southern Hospitality and Carve Barbecue. Specifically, the Company is looking at building the Southern Hospitality growth model on the footprint and profitability similar to its Southern Hospitality Lone Tree location, with real estate between 4,000 to 5,000 square feet. In regards to the Carve model, the Company is identifying real estate partners and locations for its 2,500 square feet footprint. Management’s Plans The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company reported a net loss of approximately $3.9 million and $3.8 million for the years ended December 31, 2015 and 2014, respectively, and has an accumulated deficit of approximately $12.1 million at December 31, 2015. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company has devoted substantially all of its efforts to developing its business plan, raising capital, and opening and operating its four restaurants in Denver, Colorado Springs, Glendale and Lone Tree. The Company’s continued implementation of its business plan is dependent on its future profitability and engaging in strategic transactions, or on additional debt or equity financing, which may not be available in amounts or on terms acceptable to the Company or at all. As a consequence, if the Company is unable to achieve and maintain profitability through current restaurant operations, enter into strategic transactions, or obtain additional financing in the near term, the Company may be required to delay its business plan implementation, which would have a material adverse impact on the Company.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany accounts, transactions and profits are eliminated in consolidation. Accounting guidance provides a framework for determining whether an entity should be considered a variable interest entity (VIE), and if so, whether the Company’s involvement with the entity results in a variable interest in the entity. If the Company determines that it does have a variable interest in the entity, it must perform an analysis to determine whether it represents the primary beneficiary of the VIE. If the Company determines it is the primary beneficiary of the VIE, it is required to consolidate the assets, liabilities and results of operations and cash flows of the VIE into the consolidated financial statements of the Company. A company is the primary beneficiary of a VIE if it has a controlling financial interest in the VIE. A company is deemed to have a controlling financial interest in a VIE if it has both (i) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb the losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company has concluded that there are no VIE’s subject to consolidation at December 31, 2015 and December 31, 2014. While the Company believes its evaluation is appropriate, future changes in estimates, judgments and assumptions in the case of an evaluation triggered by a reconsideration event as defined in the accounting standard may affect the determination of primary beneficiary status and the resulting consolidation, or deconsolidation, of the assets, liabilities and results of operations of a VIE on the Company’s consolidated financial statements. Use of Estimates The process of preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues, costs and expenses during the reporting period. The areas that require management’s most significant estimates are impairment of long-lived assets, allocation of purchase price for business combinations, estimating fair value of debt and equity instruments, assessment of going conern, and share-based compensation. Actual results could differ from the estimates. Changes in estimates are recorded in the period of change. Fair Value Measurements The Company accounts for financial instruments pursuant to accounting guidance which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair measurements. To increase consistency and comparability in fair value measurements, the accounting guidance established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: Level 1 – quoted prices (unadjusted) in active markets of identical assets or liabilities; Level 2 – observable inputs other than Level 1, quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets in markets that are not active, and model-derived prices whose inputs are observable or whose significant value drivers are observable; and Level 3 – assets and liabilities whose significant value drivers are unobservable. Observable inputs are based on market data obtained from independent sources, while unobservable inputs are based on the Company’s market assumptions. Unobservable inputs require significant management judgments or estimation. In some cases, the inputs used to measure an asset or liability may fall into different levels of the fair value hierarchy. In those instances, the fair value measurement is required to be classified using the lowest level of input that is significant to the fair value measurement. Such determination requires significant management judgment. There were no financial assets or liabilities measured at fair value, with the exception of cash and cash equivalents as of December 31, 2015 and 2014. The carrying amounts of accounts payable and notes payable approximate their fair values due to their short-term maturities. The carrying amounts of related party receivables and payables are not practicable to estimate based on the related party nature of the underlying transaction. Non-controlling Interest The non-controlling interest represents capital contributions, income and loss attributable to the owners of less than wholly-owned consolidated entities (SHD, SHSK, SHLT and CARVEG), and are reported in equity. From inception through December 31, 2015, in exchange for their interest in SHD, the non-controlling members contributed $897,465 in cash (no contributions in 2015 or 2014). The non-controlling members of SHSK contributed $109,022 for the year ended December 31, 2015. The non-controlling members of SHLT contributed $500,000 in cash for the year ended December 31, 2015. In April 2015, related party notes and accrued interest were converted into non-controlling CARVEG equity of $100,000 (Note 5), and $375,000 was contributed in cash in the year ended December 31, 2015. During 2015, the Company distributed cash of $57,310 to the non-controlling members of SHLT and CARVEG. Pre-opening Costs Pre-opening costs, such as travel and employee payroll and related training costs are expensed as incurred and include direct and incremental costs incurred in connection with the opening of each restaurant. Pre-opening costs also may include non-cash rental costs under operating leases incurred during a construction period. Cash and Cash Equivalents From time to time, the Company maintains cash equivalents that include short-term highly liquid investments with an original a maturity of three months or less when purchased. The Company has no cash equivalents at December 31, 2015 and 2014. In addition, the majority of payments due from financial institutions for the settlement of debit card and credit card transactions process within two business days, and therefore these payments due are classified as cash and cash equivalents. Inventory Inventory consists of food and beverages and is stated at the lower of cost (first-in, first-out) or market. Deferred Financing Costs Deferred financing costs are amortized over the term of the related debt using the straight-line method, which is not materially different than the effective-interest method. Property and Equipment Management reviews property and equipment, including leasehold improvements, for impairment when events or circumstances indicate these assets might be impaired. The Company's management considers, or will consider, such factors as the Company's history of losses and the disruptions in the overall economy in preparing an analysis of its property, including leasehold improvements, to determine if events or circumstances have caused these assets to be impaired. Management bases this assessment upon the carrying value versus the fair value of the asset and whether or not that difference is recoverable. Such assessment is performed on a restaurant-by-restaurant basis and includes relevant facts and circumstances including the physical condition of the asset. If management determines the carrying value of the restaurant assets exceeds the projected future undiscounted cash flows, an impairment charge would be recorded to reduce the carrying value of the restaurant assets to their fair value. Management determined that no impairment existed at December 31, 2015 and 2014. Leasehold improvements are stated at cost. Property and equipment costs directly associated with the acquisition, development and construction of a restaurant are capitalized. Expenditures for minor replacements, maintenance and repairs are expensed as incurred. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, and leasehold improvements are amortized over the shorter of the lease term or the estimated useful lives of the assets. Property and equipment are not depreciated/amortized until placed in service. Upon retirement or disposal of assets, the accounts are relieved of cost and accumulated depreciation and the related gain or loss is reflected in earnings. Capitalized Interest Interest on funds used to finance the acquisition and construction of a restaurant to the date the asset is placed in service is capitalized. Leases and Deferred Rent The Company leases and intends to lease substantially all of its restaurant properties. For leases that contain rent escalation clauses, the Company records the total rent payable during the lease term and recognizes expense on a straight-line basis over the initial lease term, including the "build-out" or "rent-holiday" period where no rent payments are typically due under the terms of the lease. Any difference between minimum rent and straight-line rent is recorded as deferred rent. Additionally, contingent rent expense based on a percentage of revenue is accrued and recorded to the extent it is expected to exceed minimum base rent per the lease agreement based on estimates of probable levels of revenue during the contingency period. Long-term deposits on leases in the amount of $120,555 and $80,525 are recorded as of December 31, 2015 and 2014, respectively. Deferred rent also includes a tenant improvement allowance the Company received in 2012 for $150,000, which is amortized as a reduction of rent expense, also on a straight-line basis over the initial term of the lease. Revenue Recognition The Company recognizes revenues pursuant to SEC Staff Accounting Bulletin (“SAB”) No. 104, Revenue Recognition The Company sells gift cards which do not have an expiration date, and it does not deduct dormancy fees from outstanding gift card balances. The Company recognizes revenue from gift cards when: (i) the gift card is redeemed by the customer; or (ii) the likelihood of the gift card being redeemed by the customer is remote (gift card breakage), and the Company determines that there is not a legal obligation to remit the unredeemed gift card balance to the relevant jurisdiction. The Company did not recognize any revenue related to unredeemed gift card breakage in 2015 or 2014. Unearned gift card revenue (presented within accrued expenses) at December 31, 2015 and 2014, was approximately $18,530 and $22,880, respectively. Advertising Expenses Advertising costs are expensed as incurred. Total advertising expenses were approximately $350,200 and $444,200, for the years ended December 31, 2015 and 2014, respectively. Stock-Based Compensation The Company accounts for stock-based compensation under Accounting Standards Codification (“ASC”) 718, Share-Based Payment Income Taxes Deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their financial statement reported amounts, and for tax loss and credit carry-forwards. A valuation allowance is provided against deferred tax assets when it is determined to be more likely than not that the deferred tax asset will not be realized. The Company determines its income tax expense (benefit) in each of the jurisdictions in which it operates. Income tax includes an estimate of the current income tax expense (benefit), as well as deferred income tax expense, which results from the determination of temporary differences arising from the different treatment of items for book and tax purposes. The Company files income tax returns in the U.S. federal jurisdiction and in various state and local jurisdictions. Periods subject to examination for the Company’s federal and state income tax returns are 2012 through the 2014 tax year. Certain of the Company’s subsidiaries are limited liability companies (“LLC’s”), which are treated for tax purposes as pass-through entities. As a result, any taxes are the responsibility of the respective members. The Company assesses the likelihood of the financial statement effect of a tax position that should be recognized when it is more likely than not that the position will be sustained upon examination by a taxing authority based on the technical merits of the tax position, circumstances, and information available as of the reporting date. Management does not believe that there are any uncertain tax positions that would result in an asset or liability for taxes being recognized in the accompanying consolidated financial statements. The Company recognizes tax related interest and penalties, if any, as a component of income tax expense. Net loss per share Basic net loss per share is computed by dividing the net loss applicable to common shareholders by the weighted-average number of shares of common stock outstanding for the period. The Series A convertible preferred shares are not included in the computation of basic loss per share, as the Series A convertible preferred shares do not have a contractual obligation to share in the losses of the Company. Diluted net loss per share reflects the potential dilution that could occur if dilutive securities were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company, unless the effect of such inclusion would reduce a loss or increase earnings per share. For each of the periods presented in the accompanying consolidated financial statements, the effect of the inclusion of dilutive shares would have resulted in a decrease in loss per share. Common stock options, warrants and shares underlying convertible debt aggregating 35,652,529 and 9,591,056 for the years ended December 31, 2015 and 2014, respectively, have been excluded from the calculation of diluted net loss per common share. Recently Issued Accounting Standards In August 2014, the Financial Accounting Standards Board (FASB) issued ASU No. 2014-15, Presentation of Financial Statements – Going Concern: Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern. In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts from Customers In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330) Simplifying the Measurement of Inventory , which changes the measurement from lower of cost or market to lower of cost and net realizable value. The guidance requires prospective application for reporting periods beginning after December 15, 2016 and permits adoption in an earlier period. The Company intends to adopt this ASU in the first quarter of 2016; the adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs In February 2016, the FASB issued ASU No. 2016-02 ("ASU 2016-02"), Leases (Topic 842) "Leases (Topic 840)" Management has not identified any other recently issued accounting standards that it believes may have a significant impact on the Company’s consolidated financial statements.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSET	NOTE 3 – INTANGIBLE ASSET Franchise Agreements The intangible asset at December 31, 2015 and 2014, represents franchise license costs for the Denver restaurant (net of accumulated amortization of $14,375 and $9,375, respectively). Amortization expense of $5,000 was recorded for each of the years ended December 31, 2015 and 2014. Amortization expense for the next five years is estimated to be as follows: 2016 $ 5,000 2017 5,000 2018 5,000 2019 5,000 2020 5,000 Thereafter 10,625 $ 35,625 The Company licenses the rights to the trademark “Bourbon Brothers” and certain intellectual property, as defined, from a related party, Hospitality Income & Asset, LLC, f/k/a Bourbon Brothers LLC (“HIA”), for use in the Company’s business operations. HIA has granted an exclusive license to use and to sublicense the tradename and intellectual property for an initial ten-year term. The agreement shall automatically renew for additional terms of ten-years each without any action required by either party. This license agreement does not require the payment of royalties or any other consideration. The Company is not currently using this trademark in its operations, nor is it contemplated for use in the foreseeable future.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 4 – PROPERTY AND EQUIPMENT As of December 31, 2015 and 2014, property and equipment consists of the following: December 31, December 31, 2015 2014 Useful lives Leasehold improvements $ 3,237,345 $ 2,227,438 10 years Website development 45,750 21,500 3 years Equipment 2,077,889 1,299,220 3-7 years Computers and hardware 170,822 116,275 5 years 5,531,806 3,664,433 Less accumulated depreciation (1,252,710 ) (678,383 ) $ 4,279,096 $ 2,986,050 Depreciation expense for the years ended December 31, 2015 and 2014 was approximately $574,300 and $431,200, respectively.

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 5 – NOTES PAYABLE Convertible Notes: The Company has outstanding 5% promissory notes (the “Notes”) that bear interest at 5% per annum, they are unsecured, and their maturity dates are seven years from their issue date (October 2018 through November 2019). Quarterly payments are applied against accrued interest first, then principal. The minimum aggregate quarterly payment to Note holders is 2.5% of the Company’s portion of gross quarterly revenues from each Southern Hospitality BBQ restaurant. Payments made in the year ended December 31, 2014 were $2,409; no payments were made in 2015. At December 31, 2015, the Company has not made all required payments of interest on the Notes. At December 31, 2015 and 2014, quarterly payments in arrears total $108,000 and $64,870. Accrued interest at December 31, 2015 and 2014 is $119,490 and $77,620, respectively. The Company may cure this deferral in quarterly payments within a defined period of time, as provided for in the note agreements, thus preventing the Notes from becoming callable. The Notes and accrued interest are convertible, at the option of the holder. The conversion price is 80% of the 20-day average closing sales price on the date conversion is elected, but not less than $0.50 per share. The Company determined that there was a beneficial conversion feature associated with the Notes in the amount of $283,500 related to the intrinsic value of the conversion feature before the Company’s stock became public. The Company recorded the beneficial conversion feature as a discount to the Notes and is amortizing the amount to interest over the term of the Notes. Approximately $53,900 and $49,100 was amortized for the years ended December 31, 2015 and 2014, respectively. No Notes were converted in 2015 or in 2014. At December 31, 2015 and 2014, the balance of the Notes and accrued interest, net of discount, was approximately $764,100 and $665,900, respectively. Beginning in August 2014, the Company began selling 6.5% promissory notes (the “2014 Notes”) along with warrants to purchase the Company’s common stock. Investors received a warrant to purchase four shares of common stock for each one dollar of principal amount loaned to the Company. The 2014 Notes bear interest at 6.5% per annum, they are unsecured, and their maturity dates are five years from their issue date. The Company sold $460,000 of 2014 Notes from August through December 2014 and $280,000 of 2014 Notes in 2015. By their original terms, the 2014 Notes and accrued interest become convertible, at the option of the holder, after two years from the issue date. The conversion price is the lower of 80% of the 20-day average closing sales price on the date conversion is elected or $0.25 per share. T he 2014 Notes were recorded at $322,200 after discounting the convertible notes based on the relative fair value of the warrants issued with the debt, of approximately $274,700. The warrants were issued with the convertible debt and their relative fair value was determined using the Black-Scholes option pricing model. Additionally, the convertible notes were further discounted, as the Company determined that the convertible debt contained a beneficial conversion feature and recorded an additional debt discount of approximately $143,100. The net carrying value of the 2014 Notes and accrued interest at December 31, 2015 and 2014 was $467,700 and $159,200, respectively. The assumptions used in the Black-Scholes model to determine the fair value of warrants are as follows: (1) dividend yield of 0%, (2) expected volatility of 205%, (3) weighted average risk-free interest rate of 0.79%, (4) contractual life of 3.0 years, and fair value of the Company’s shares of $0.14 to $0.30 per share. The relative fair value attributable to the warrants and the beneficial conversion feature have been recorded as a discount and deducted from the face value of the convertible debt in the accompanying consolidated balance sheet. The discount applied to the 2014 Notes is being amortized over the five-year term of the convertible notes. Promissory Note: During the year ended December 31, 2013, the Company issued a promissory note with an aggregate face value of $200,000, along with a warrant to purchase 50,000 shares of the Company’s common stock. This note bears interest at 5% per annum, it is unsecured and due on demand. The holder of the note received additional consideration in the form of a fully vested warrant to purchase 50,000 common shares at an exercise price of $0.50 per share exercisable for three years from the date of execution of the note. The Company determined the relative fair value of the warrant to be approximately $44,000, which was recorded as a discount to the note payable, which was amortized over approximately three months. In February 2016, the Company paid $50,000 in principal and issued a new promissory note for $150,000 which bears interest at 5% per annum, is unsecured and is due on February 3, 2017. Bank Financing: In November 2014, SHLT and Rocky Mountain Bank & Trust entered into a bank financing agreement to purchase kitchen equipment for the Lone Tree restaurant location. A board member of the Company is also a board member of Rocky Mountain Bank & Trust. The agreement provides for financing up to $300,000, of which the Company had drawn $282,900 by December 31, 2015 and $2,055 by December 31, 2014. This loan bears interest at 6%. Monthly interest-only payments began in December 2014 and continued through August 2015. Beginning in September 2015, monthly principal and interest payments of approximately $5,800 are due through maturity in August 2020. This agreement is collateralized by the kitchen equipment at the SHLT and SHD restaurants. Related Party Promissory Notes: The Company issued short-term promissory notes totaling $90,000 in the third quarter of 2014 to two shareholders. These notes bear interest at 10% per annum, are unsecured, and had a maturity date of 180 days after the date of execution. These notes with accrued interest were subsequently converted to equity in CARVEG in April 2015 at a conversion rate of $1.05 per membership unit. In addition, the Company issued a short-term, unsecured promissory note for $25,000 on November 13, 2014, to a third shareholder. This note was subsequently paid off in full in January 2015. Related Party Loan Agreement: On December 31, 2014, the Company entered into a Loan Agreement and associated Promissory Note (the “Loan Agreement”) with Bourbon Brothers #14, LLC (“BB14”) which provides for an unsecured term loan in the aggregate original principal amount of $1,250,000 (the “Loan”). The Company received net proceeds of $1,197,714 after loan closing fees. BB14 is a related party entity, controlled by certain shareholders of the Company. The Company is to pay interest on the Loan at the greater of 9.5% or 6.25% per annum plus the prime rate announced by the Wall Street Journal. In addition, the Company is to pay a monthly loan servicing fee in the amount of 1% of the principal balance of the Loan. The entire principal balance of the Loan, plus any accrued and unpaid interest, is due on December 29, 2016. The related party interest expense on this loan for the year ended December 31, 2015 was $130,300. The Company paid $100,000 towards prepayment of this Loan to BB14 at December 31, 2015. Subsequently, the Company prepaid an additional $400,000 towards this Loan to BB14 in January 2016. In connection with the Loan, the Company issued a warrant to BB14 for the purchase of 7,500,000 shares of common stock exercisable for a period of five years at $0.10 per share with the warrant vesting in one year. BB14 funded the Loan with financing BB14 received from a third-party lender. JW Roth, a director of the Company, personally guaranteed the BB14 Loan to obtain financing to facilitate the Loan. To compensate JW Roth, the Company issued a warrant to Mr. Roth for the purchase of 7,500,000 shares of common stock exercisable for a period of five years at $0.10 per share with the warrant vesting in one year. The Company determined the relative fair value of the 15,000,000 warrants to be approximately $731,800, which has been recorded as a discount to the Loan principal balance, and which is being amortized over the term of the Loan. The balance of the discount at December 31, 2015 and December 31, 2014 was $365,940 and $731,800, respectively. Scheduled maturities of notes payable for the next five years and thereafter as of December 31, 2015, are as follows: Year ending December 31, 2016 $ 1,150,000 2017 200,000 2018 837,425 2019 740,000 2020 282,934 Thereafter - 3,210,359 Less total discount on notes payable (880,485 ) Add accrued interest at December 31, 2015 176,730 2,506,604 Less current portion (913,548 ) Non-current portion $ 1,593,056

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 – COMMITMENTS AND CONTINGENCIES Commitments: Franchise agreement The Company operates its Denver restaurant property under a franchise agreement with the Franchisor under an initial ten-year term, renewable for two additional five-year terms. Pursuant to the franchise agreement, as amended, the Company is to pay royalty fees based on a percentage of gross revenues (2.5%, subject to a monthly floor of $5,000) , plus additional fees and costs for marketing, training, inventory and other franchisor costs. Two officers of the Company have personally guaranteed royalty payments to the Franchisor. On December 30, 2014, SHD entered into a Fifth Amendment to its FA with the Franchisor in connection with the opening of a new Southern Hospitality restaurant in Lone Tree, Colorado. Under the FA, SHD partially assigned its rights to SHLT to use the Franchisor’s marks, business methods, proprietary products, confidential information and intellectual property to operate a Southern Hospitality restaurant. In addition, pursuant to the FA, the Franchisor waived certain initial fees in connection with SHLT opening a restaurant in Lone Tree, Colorado. On February 13, 2015, SHD entered into a Sixth Amendment to its FA with the Franchisor in connection with the potential for opening two Southern Hospitality restaurants in Colorado Springs, Colorado. Under the FA, SHD partially assigned its rights to SHSK, a 51%-owned subsidiary of the Company, and Southern Hospitality Tejon, LLC, a wholly-owned subsidiary of the Company, to use the Franchisor's marks, business methods, proprietary products, confidential information and intellectual property to operate a Southern Hospitality restaurant. For the years ended December 31, 2015 and 2014, the Company incurred franchise royalty expense of approximately $139,300 and $59,000, respectively. Leases: In April 2012, the Company entered into a ten-year, non-cancellable lease for the restaurant in Denver, Colorado. This lease provides for two, five-year renewal options. Rent payments are approximately $16,000 per month plus certain common area maintenance charges, as defined, and are subject to escalation provisions. Lease expense was approximately $188,800 and $194,120 for the years ended December 31, 2015 and 2014, respectively. The Company has a ten-year lease with HIA, a related party, for the real property in connection with the restaurant location in Colorado Springs. The lease commenced upon taking possession of the premises in January 2014. Rent is approximately $33,340 per month for the first 60 months, and thereafter is subject to adjustment every 60 months. This lease provides for one, ten-year renewal option. Related party lease expense was approximately $401,000 and $383,000 for each of the years ended December 31, 2015 and 2014, respectively. The Company has a ten-year, non-cancellable lease for the restaurant in Lone Tree, Colorado. The lease provides for an initial lease term of ten years and for two, five-year renewal options. Rent payments are approximately $8,900 per month plus certain common area maintenance charges, and are subject to escalation provisions. In addition to base rent, this lease requires contingent rent payments equal to 5% of gross sales above predetermined thresholds, as defined. This location opened April 27, 2015, at which time the lease commenced. Lease expense was approximately $74,400 for the year ended December 31, 2015 (none in 2014). In April 2015, CARVEG entered into a non-cancellable lease for the Company’s first fast casual restaurant in Glendale, Colorado. The initial term of this lease provides for expiration on July 31, 2020. This lease includes three, five-year extension options. Rent payments are approximately $11,100 per month, which includes certain common area maintenance charges, and are subject to escalation provisions. This location opened November 5, 2015. Lease expense was approximately $84,960 for the year ended December 31, 2015 (none in 2014). On January 1, 2014, the Company assumed a lease from a related party for the corporate office in Colorado Springs. The lease is for 78 months with an unaffiliated party. Monthly rent is $5,800 per month escalating up to $6,000 per month in year six. The initial term of the lease provides for expiration on December 31, 2016. Lease expense for the years ended December 31, 2015 and 2014 was $71,200 and $69,600, respectively. The future minimum lease payments are as follows: Third Party Related Party Total 2016 $ 492,089 $ 401,092 $ 893,181 2017 424,843 401,092 825,935 2018 431,206 401,092 832,298 2019 437,761 401,092 838,853 2020 409,629 401,092 810,721 Thereafter 893,731 1,219,988 2,113,719 $ 3,089,259 $ 3,225,448 $ 6,314,707 Contingencies: From time to time, the Company may become party to litigation and other claims in the ordinary course of business. To the extent that such claims and litigation arise, management provides for them if upon the advice of counsel, losses are determined to be both probable and estimable.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Taxes
INCOME TAXES	NOTE 7 – INCOME TAXES At December 31, 2015, the Company has approximately $8,699,000 of net operating loss carry-forwards which expire between 2031 and 2035. The net operating loss carry-forwards may be subject to certain restrictions in the future, particularly in the event of a change in ownership under Internal Revenue Code Section 382. Deferred tax assets and liabilities are recorded based on the difference between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes, as measured by the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are carried on the balance sheet with the presumption that they will be realizable in future periods when pre-tax income is generated. A valuation allowance is required to reduce the deferred tax assets reported if, based on the weight of the evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities represent the future impact of temporary differences between the financial statement and tax bases of assets and liabilities. The Company’s net deferred tax assets have been fully reserved, effectively by a valuation allowance, because management does not believe realization of the deferred tax assets is more likely than not at the balance sheet date. The deferred tax assets (liabilities) and associated valuation allowance at December 31, 2015 and 2014, are as follows: 2015 2014 Current assets: Stock based compensation $ 490,000 $ 370,000 490,000 370,000 Non-current assets: Intangible assets 4,900 7,000 Property and equipment 840,000 157,000 Net operating loss carryforwards 3,219,000 2,598,000 4,553,900 3,132,000 Valuation allowance (4,553,900 ) (3,132,000 ) Net deferred tax assets $ - $ - No income tax benefit was recognized for the years ended December 31, 2015 and 2014, as indicated below: 2015 2014 Deferred tax benefit: Federal $ (1,307,000 ) $ (1,204,000 ) State (115,000 ) (106,000 ) (1,422,000 ) (1,310,000 ) Increase in valuation allowance 1,422,000 1,310,000 $ - $ - A reconciliation of income tax computed at the U.S. statutory tax rate of 34% to the effective income tax rate is as follows: 2015 2014 Statutory rate 34 % 34 % State taxes 3 3 Permanent differences and other (4 ) (7 ) Valuation allowance (33 ) (30 ) Effective rate - -

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
EQUITY	NOTE 8 – EQUITY Preferred stock: The Company authorized the issuance of up to 18,242,700 shares of Series A convertible preferred stock ("Series A Stock”) January 2014, of which 18,242,687 shares were issued on January 22, 2014. As of March 1, 2014, the holders of 13,357,828 Series A preferred shares chose to convert their Series A preferred stock into shares of the Company's common stock at a ratio of one to one. These Series A preferred shares were then subsequently cancelled. The Certificate of Designation of the Company’s Series A Stock requires that any shares of Series A Stock that are converted into Common Stock be cancelled and are not available for reissuance by the Company. On February 3, 2016, 4,428,791 shares of Series A Preferred Stock, converted to common shares, leaving 456,068 Series A Preferred Stock issued and outstanding. Each share of Series A convertible preferred is entitled to 25 votes and is convertible into shares of common stock on a one-for-one basis. Other rights of the Series A convertible preferred are identical to the common stock rights. Common stock: In 2015, the Company issued 13,386,852 common shares of stock for proceeds of $1,849,019, along with 6,265,000 warrants to purchase shares of common stock, exercisable at $0.40 per warrant. In 2014, the Company issued 4,183,042 units (each unit consisted of one share of common stock and one warrant to purchase common stock) for cash of $1,254,913, at $0.30 and $0.50 per unit. In connection with services provided to the Company, the Company issued 30,000 common shares valued at $15,000 ($0.50 per share) and 21,678 common shares valued at $6,503 ($0.30 per share) during the year ended December 31, 2014. In connection with services provided to the Company, the Company issued 136,874 common shares valued at $33,333 (at $0.24 and $0.27 per share) during the year ended December 31, 2015. Stock options: Effective November 13, 2012, the Company adopted the 2012 Stock Option Plan (the “Plan”). Under the Plan, the Company may grant stock options, restricted and other equity awards to any employee, consultant, independent contractor, director or officer of the Company. A total of 4 million shares of common stock may be issued under the Plan (as amended on January 22, 2014). During the year ended December 31, 2015, the Company granted options to purchase up to 120,000 common shares to two of its restaurant managers that vest evenly over three years, with the first tranche vesting on February 2, 2016 and each year thereafter with an exercise price of $0.25 per share. In addition, the Company granted options to another of its store managers to purchase up to 20,000 shares that vest evenly over two years beginning on March 16, 2015, with an exercise price of $0.27 per share. In June 2015, the Company granted options to purchase up to 600,000 common shares to six members of its board of directors that vest on March 9, 2016, with an exercise price of $0.30 per share. In 2015, the Company also issued options to purchase up to 43,500 shares of common stock to restaurant management which vest in full on November 9, 2016, exercisable at $0.20 per option. The stock-based compensation cost related to options that have been included as a charge to general and administrative expense in the statements of operations was approximately $324,900 and $475,056 for the years ended December 31, 2015 and 2014, respectively. As of December 31, 2015, there was approximately $241,200 of unrecognized compensation cost related to non-vested stock options. The cost is expected to be recognized over a weighted-average period of less than five years. The Company uses the Black-Scholes option pricing model to determine the weighted average fair value of options. The weighted-average fair value of options granted during the years ended December 31, 2015 and 2014 was $0.33 and $0.47 per share. The assumptions utilized to determine the fair value of options granted during the years ended December 31, 2015 and 2014 are as follows: 2015 2014 Risk free interest rate 0.79 % 0.79 % Expected volatility 168 % 205 % Expected term 5 years 5 years Expected dividend yield 0 0 The expected term of stock options represents the period of time that the stock options granted are expected to be outstanding. The expected volatility is based on the historical price volatility of the common stock of similar companies. The risk-free interest rate represents the U.S. Treasury bill rate for the expected term of the related stock options. The dividend yield represents the anticipated cash dividend over the expected term of the stock options. The following tables set forth the activity in the Company's Plan for the year ended December 31, 2015: Weighted Weighted average Shares average remaining Aggregate under exercise contractual intrinsic option price life value Outstanding at January 1, 2015 2,636,039 $ 0.29 Granted 783,500 0.29 Exercised (91,214 ) - Forfeited/cancelled (460,449 ) 0.22 Outstanding at December 31, 2015 2,867,876 0.30 3.40 $ - Exercisable at December 31, 2015 1,501,949 $ 0.30 2.99 $ - The aggregate intrinsic value in the table above represents the total intrinsic value (the difference between the estimated fair value of the Company’s common stock on December 31, 2015 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had they exercised their options on December 31, 2015. The total value of all options exercised during the years ended December 31, 2015 and 2014 was $25 and $53. The following table summarizes the activity and value of non-vested options as of and for the year ended December 31, 2015: Weighted average Number of grant date options fair value Non-vested options outstanding at January 1, 2015 1,494,663 $ 0.09 Granted 783,500 0.29 Vested (451,788 ) 0.46 Forfeited/cancelled (460,449 ) 0.22 Non-vested options outstanding at December 31, 2015 1,365,926 $ 0.18 Warrants: The Company uses the Black-Scholes pricing model to determine the weighted average fair value of warrants. The assumptions utilized to determine the fair value of warrants granted during the years ended December 31, 2015 and 2014, are as follows: 2015 2014 Risk free interest rate 0.79 % 0.79 % Expected volatility 168 % 205 % Expected term 5 years 5 years Expected dividend yield 0 0 The following table sets forth the activity regarding warrants for the year ended December 31, 2015: Weighted Weighted Average Shares Average Remaining Aggregate Underlying Exercise Contractual Intrinsic Warrants Price Life Value Outstanding at January 1, 2015 20,184,614 $ 0.18 Granted 7,563,000 0.40 Forfeited/cancelled (30,000 ) 0.30 Outstanding at December 31, 2015 27,717,614 0.25 2.96 $ - Exercisable at December 31 , 2015 27,544,614 $ 0.25 2.96 $ - The following table sets for the activity regarding non-vested warrants for the twelve months ended December 31, 2015: Non-vested Weighted Weighted Shares Average Average Underlying Exercise Grant Date Warrants Price Fair Value Non-vested at January 1, 2015 30,000 $ 0.18 $ 0.05 Granted 7,563,000 0.40 $ 0.24 Vested (7,390,000 ) 0.40 0.40 Forfeited/cancelled (30,000 ) 0.30 $ 0.30 Non-vested at December 31, 2015 173,000 $ 0.18 $ 0.24 During the year ended December 31, 2015, the Company issued warrants to purchase up to 6,265,000 shares of common stock in connection with its common stock offering. These warrants have a three-year term and are exercisable at $0.40 per share. In 2015, approximately $837,500 was allocated to warrants (additional paid in capital) based on the relative fair value of such warrants. The Company used the Black Scholes pricing model to determine the fair value, and used the expected exercisable term of such warrants, a risk free interest rate of 0.78% and a volatility of 168%. In addition, during the year ended December 31, 2015, the Company granted warrants in connection to services provided to the Company to purchase up to 178,000 shares of the Company’s common stock at $0.25-$0.31 per share. These warrants have a three-year term and vest over one year. The Company used the Black Scholes pricing model to determine the fair value of these warrants, using a risk free interest rate of 0.79% and a volatility of between 168-205%. During the year ended December 31, 2014, the Company granted warrants to certain officers, board members and others, to purchase up to 330,000 shares of the Company’s common stock at $0.30 per share. In December 2014, in connection with the loan the Company has with BB14, the Company issued a warrant to BB14 for the purchase of 7,500,000 shares of common stock exercisable for a period of five years at $0.10 per share. In addition, to compensate JW Roth, a director of the Company, for his personal guarantee in connection with BB14 obtaining financing to facilitate the Loan, the Company issued a warrant to Mr. Roth for the purchase of 7,500,000 shares of common stock exercisable for a period of five years at $0.10 per share. Both of these warrants are fully vested as of December 31, 2015. The Company used the Black Scholes pricing model to determine the fair value of the warrants. The Company used the contractual term of the warrant, a risk free interest rate of 0.79% and a volatility of 205%. A relative fair value of approximately $730,880 was calculated and assigned to the warrants based on their fair values. During the year ended December 31, 2014, existing warrants were exercised in exchange for 1,094,562 shares of common stock. No warrants were exercised in 2015.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 9 – RELATED PARTY TRANSACTIONS Related Party Note Receivable In 2014, the Company advanced $25,334 to the non-controlling interest holder of SHD to fund certain of its liabilities, in exchange for a 10%, unsecured promissory note receivable. The note receivable and accrued interest is due January 2017.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10 – SUBSEQUENT EVENTS In February 2016, the Company received $25,000 from Touch 4 Partners, LLC, in exchange for a promissory note, with an aggregate face value of $25,000, which bears interest at 5% per annum and is unsecured. The note is due in full one year from the issuance date, February 3, 2017. The Company, in turn, used these proceeds to partially pay $50,000 in principal on the outstanding promissory note (Note 5) of $200,000, along with paying accrued interest totaling $10,833. At the same time, a new promissory note was issued for the remaining $150,000 in principal, which bears interest at 5% per annum, is unsecured and due on February 3, 2017. On February 3, 2016, three shareholders converted Series A Preferred shares totaling 4,428,791 into shares of common stock of the Company. In January and February 2016, the Company sold 1,075,000 shares of common stock and warrants for $215,000. On March 11, 2016, the Company filed an amendment to its Articles of Incorporation with the Colorado Secretary of State, (i) decreasing the authorized preferred stock to 456,068 and (ii) increasing authorized capital stock of the Company to 125,456,068 shares, consisting of 125,000,000 shares of Common Stock and 456,068 shares designated as Series A Stock.

SIGNIFICANT ACCOUNTING POLICI18

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany accounts, transactions and profits are eliminated in consolidation. Accounting guidance provides a framework for determining whether an entity should be considered a variable interest entity (VIE), and if so, whether the Company’s involvement with the entity results in a variable interest in the entity. If the Company determines that it does have a variable interest in the entity, it must perform an analysis to determine whether it represents the primary beneficiary of the VIE. If the Company determines it is the primary beneficiary of the VIE, it is required to consolidate the assets, liabilities and results of operations and cash flows of the VIE into the consolidated financial statements of the Company. A company is the primary beneficiary of a VIE if it has a controlling financial interest in the VIE. A company is deemed to have a controlling financial interest in a VIE if it has both (i) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (ii) the obligation to absorb the losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company has concluded that there are no VIE’s subject to consolidation at December 31, 2015 and December 31, 2014. While the Company believes its evaluation is appropriate, future changes in estimates, judgments and assumptions in the case of an evaluation triggered by a reconsideration event as defined in the accounting standard may affect the determination of primary beneficiary status and the resulting consolidation, or deconsolidation, of the assets, liabilities and results of operations of a VIE on the Company’s consolidated financial statements.
Use of Estimates	Use of Estimates The process of preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues, costs and expenses during the reporting period. The areas that require management’s most significant estimates are impairment of long-lived assets, allocation of purchase price for business combinations, estimating fair value of debt and equity instruments, assessment of going conern, and share-based compensation. Actual results could differ from the estimates. Changes in estimates are recorded in the period of change.
Fair Value Measurements	Fair Value Measurements The Company accounts for financial instruments pursuant to accounting guidance which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair measurements. To increase consistency and comparability in fair value measurements, the accounting guidance established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: Level 1 – quoted prices (unadjusted) in active markets of identical assets or liabilities; Level 2 – observable inputs other than Level 1, quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets in markets that are not active, and model-derived prices whose inputs are observable or whose significant value drivers are observable; and Level 3 – assets and liabilities whose significant value drivers are unobservable. Observable inputs are based on market data obtained from independent sources, while unobservable inputs are based on the Company’s market assumptions. Unobservable inputs require significant management judgments or estimation. In some cases, the inputs used to measure an asset or liability may fall into different levels of the fair value hierarchy. In those instances, the fair value measurement is required to be classified using the lowest level of input that is significant to the fair value measurement. Such determination requires significant management judgment. There were no financial assets or liabilities measured at fair value, with the exception of cash and cash equivalents as of December 31, 2015 and 2014. The carrying amounts of accounts payable and notes payable approximate their fair values due to their short-term maturities. The carrying amounts of related party receivables and payables are not practicable to estimate based on the related party nature of the underlying transaction.
Non-controlling Interest	Non-controlling Interest The non-controlling interest represents capital contributions, income and loss attributable to the owners of less than wholly-owned consolidated entities (SHD, SHSK, SHLT and CARVEG), and are reported in equity. From inception through December 31, 2015, in exchange for their interest in SHD, the non-controlling members contributed $897,465 in cash (no contributions in 2015 or 2014). The non-controlling members of SHSK contributed $109,022 for the year ended December 31, 2015. The non-controlling members of SHLT contributed $500,000 in cash for the year ended December 31, 2015. In April 2015, related party notes and accrued interest were converted into non-controlling CARVEG equity of $100,000 (Note 5), and $375,000 was contributed in cash in the year ended December 31, 2015. During 2015, the Company distributed cash of $57,310 to the non-controlling members of SHLT and CARVEG.
Pre-opening Costs	Pre-opening Costs Pre-opening costs, such as travel and employee payroll and related training costs are expensed as incurred and include direct and incremental costs incurred in connection with the opening of each restaurant. Pre-opening costs also may include non-cash rental costs under operating leases incurred during a construction period.
Cash and Cash Equivalents	Cash and Cash Equivalents From time to time, the Company maintains cash equivalents that include short-term highly liquid investments with an original a maturity of three months or less when purchased. The Company has no cash equivalents at December 31, 2015 and 2014. In addition, the majority of payments due from financial institutions for the settlement of debit card and credit card transactions process within two business days, and therefore these payments due are classified as cash and cash equivalents.
Inventory	Inventory Inventory consists of food and beverages and is stated at the lower of cost (first-in, first-out) or market.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs are amortized over the term of the related debt using the straight-line method, which is not materially different than the effective-interest method.
Property and Equipment	Property and Equipment Management reviews property and equipment, including leasehold improvements, for impairment when events or circumstances indicate these assets might be impaired. The Company's management considers, or will consider, such factors as the Company's history of losses and the disruptions in the overall economy in preparing an analysis of its property, including leasehold improvements, to determine if events or circumstances have caused these assets to be impaired. Management bases this assessment upon the carrying value versus the fair value of the asset and whether or not that difference is recoverable. Such assessment is performed on a restaurant-by-restaurant basis and includes relevant facts and circumstances including the physical condition of the asset. If management determines the carrying value of the restaurant assets exceeds the projected future undiscounted cash flows, an impairment charge would be recorded to reduce the carrying value of the restaurant assets to their fair value. Management determined that no impairment existed at December 31, 2015 and 2014. Leasehold improvements are stated at cost. Property and equipment costs directly associated with the acquisition, development and construction of a restaurant are capitalized. Expenditures for minor replacements, maintenance and repairs are expensed as incurred. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, and leasehold improvements are amortized over the shorter of the lease term or the estimated useful lives of the assets. Property and equipment are not depreciated/amortized until placed in service. Upon retirement or disposal of assets, the accounts are relieved of cost and accumulated depreciation and the related gain or loss is reflected in earnings.
Capitalized Interest	Capitalized Interest Interest on funds used to finance the acquisition and construction of a restaurant to the date the asset is placed in service is capitalized.
Leases and Deferred Rent	Leases and Deferred Rent The Company leases and intends to lease substantially all of its restaurant properties. For leases that contain rent escalation clauses, the Company records the total rent payable during the lease term and recognizes expense on a straight-line basis over the initial lease term, including the "build-out" or "rent-holiday" period where no rent payments are typically due under the terms of the lease. Any difference between minimum rent and straight-line rent is recorded as deferred rent. Additionally, contingent rent expense based on a percentage of revenue is accrued and recorded to the extent it is expected to exceed minimum base rent per the lease agreement based on estimates of probable levels of revenue during the contingency period. Long-term deposits on leases in the amount of $120,555 and $80,525 are recorded as of December 31, 2015 and 2014, respectively. Deferred rent also includes a tenant improvement allowance the Company received in 2012 for $150,000, which is amortized as a reduction of rent expense, also on a straight-line basis over the initial term of the lease.
Revenue Recognition	Revenue Recognition The Company recognizes revenues pursuant to SEC Staff Accounting Bulletin (“SAB”) No. 104, Revenue Recognition
Advertising Expenses	Advertising Expenses Advertising costs are expensed as incurred. Total advertising expenses were approximately $350,200 and $444,200, for the years ended December 31, 2015 and 2014, respectively.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for stock-based compensation under Accounting Standards Codification (“ASC”) 718, Share-Based Payment
Income Taxes	Income Taxes Deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their financial statement reported amounts, and for tax loss and credit carry-forwards. A valuation allowance is provided against deferred tax assets when it is determined to be more likely than not that the deferred tax asset will not be realized. The Company determines its income tax expense (benefit) in each of the jurisdictions in which it operates. Income tax includes an estimate of the current income tax expense (benefit), as well as deferred income tax expense, which results from the determination of temporary differences arising from the different treatment of items for book and tax purposes. The Company files income tax returns in the U.S. federal jurisdiction and in various state and local jurisdictions. Periods subject to examination for the Company’s federal and state income tax returns are 2012 through the 2014 tax year. Certain of the Company’s subsidiaries are limited liability companies (“LLC’s”), which are treated for tax purposes as pass-through entities. As a result, any taxes are the responsibility of the respective members. The Company assesses the likelihood of the financial statement effect of a tax position that should be recognized when it is more likely than not that the position will be sustained upon examination by a taxing authority based on the technical merits of the tax position, circumstances, and information available as of the reporting date. Management does not believe that there are any uncertain tax positions that would result in an asset or liability for taxes being recognized in the accompanying consolidated financial statements. The Company recognizes tax related interest and penalties, if any, as a component of income tax expense.
Net loss per share	Net loss per share Basic net loss per share is computed by dividing the net loss applicable to common shareholders by the weighted-average number of shares of common stock outstanding for the period. The Series A convertible preferred shares are not included in the computation of basic loss per share, as the Series A convertible preferred shares do not have a contractual obligation to share in the losses of the Company. Diluted net loss per share reflects the potential dilution that could occur if dilutive securities were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company, unless the effect of such inclusion would reduce a loss or increase earnings per share. For each of the periods presented in the accompanying consolidated financial statements, the effect of the inclusion of dilutive shares would have resulted in a decrease in loss per share. Common stock options, warrants and shares underlying convertible debt aggregating 35,652,529 and 9,591,056 for the years ended December 31, 2015 and 2014, respectively, have been excluded from the calculation of diluted net loss per common share.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In August 2014, the Financial Accounting Standards Board (FASB) issued ASU No. 2014-15, Presentation of Financial Statements – Going Concern: Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern. In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts from Customers In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330) Simplifying the Measurement of Inventory , which changes the measurement from lower of cost or market to lower of cost and net realizable value. The guidance requires prospective application for reporting periods beginning after December 15, 2016 and permits adoption in an earlier period. The Company intends to adopt this ASU in the first quarter of 2016; the adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs In February 2016, the FASB issued ASU No. 2016-02 ("ASU 2016-02"), Leases (Topic 842) "Leases (Topic 840)" Management has not identified any other recently issued accounting standards that it believes may have a significant impact on the Company’s consolidated financial statements.

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Estimated Future Amortization Expense	Amortization expense for the next five years is estimated to be as follows: 2016 $ 5,000 2017 5,000 2018 5,000 2019 5,000 2020 5,000 Thereafter 10,625 $ 35,625

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	As of December 31, 2015 and 2014, property and equipment consists of the following: December 31, December 31, 2015 2014 Useful lives Leasehold improvements $ 3,237,345 $ 2,227,438 10 years Website development 45,750 21,500 3 years Equipment 2,077,889 1,299,220 3-7 years Computers and hardware 170,822 116,275 5 years 5,531,806 3,664,433 Less accumulated depreciation (1,252,710 ) (678,383 ) $ 4,279,096 $ 2,986,050

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Scheduled maturities of notes payable	Scheduled maturities of notes payable for the next five years and thereafter as of December 31, 2015, are as follows: Year ending December 31, 2016 $ 1,150,000 2017 200,000 2018 837,425 2019 740,000 2020 282,934 Thereafter - 3,210,359 Less total discount on notes payable (880,485 ) Add accrued interest at December 31, 2015 176,730 2,506,604 Less current portion (913,548 ) Non-current portion $ 1,593,056

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of future minimum lease payments	The future minimum lease payments are as follows: Third Party Related Party Total 2016 $ 492,089 $ 401,092 $ 893,181 2017 424,843 401,092 825,935 2018 431,206 401,092 832,298 2019 437,761 401,092 838,853 2020 409,629 401,092 810,721 Thereafter 893,731 1,219,988 2,113,719 $ 3,089,259 $ 3,225,448 $ 6,314,707

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes
Schedule of Deferred Tax Assets (Liabilities)	The deferred tax assets (liabilities) and associated valuation allowance at December 31, 2015 and 2014, are as follows: 2015 2014 Current assets: Stock based compensation $ 490,000 $ 370,000 490,000 370,000 Non-current assets: Intangible assets 4,900 7,000 Property and equipment 840,000 157,000 Net operating loss carryforwards 3,219,000 2,598,000 4,553,900 3,132,000 Valuation allowance (4,553,900 ) (3,132,000 ) Net deferred tax assets $ - $ -
Schedule of Income Tax Benefit	No income tax benefit was recognized for the years ended December 31, 2015 and 2014, as indicated below: 2015 2014 Deferred tax benefit: Federal $ (1,307,000 ) $ (1,204,000 ) State (115,000 ) (106,000 ) (1,422,000 ) (1,310,000 ) Increase in valuation allowance 1,422,000 1,310,000 $ - $ -
Schedule of the Reconciliation of Income Taxes	A reconciliation of income tax computed at the U.S. statutory tax rate of 34% to the effective income tax rate is as follows: 2015 2014 Statutory rate 34 % 34 % State taxes 3 3 Permanent differences and other (4 ) (7 ) Valuation allowance (33 ) (30 ) Effective rate - -

EQUITY (Tables)

EQUITY (Tables)	12 Months Ended
	Dec. 31, 2015
Warrant [Member]
Schedule of Fair Value Assumptions	The assumptions utilized to determine the fair value of warrants granted during the years ended December 31, 2015 and 2014, are as follows: 2015 2014 Risk free interest rate 0.79 % 0.79 % Expected volatility 168 % 205 % Expected term 5 years 5 years Expected dividend yield 0 0
Schedule of Activity	The following table sets forth the activity regarding warrants for the year ended December 31, 2015: Weighted Weighted Average Shares Average Remaining Aggregate Underlying Exercise Contractual Intrinsic Warrants Price Life Value Outstanding at January 1, 2015 20,184,614 $ 0.18 Granted 7,563,000 0.40 Forfeited/cancelled (30,000 ) 0.30 Outstanding at December 31, 2015 27,717,614 0.25 2.96 $ - Exercisable at December 31 , 2015 27,544,614 $ 0.25 2.96 $ -
Schedule of Nonvested Share Activity	The following table sets for the activity regarding non-vested warrants for the twelve months ended December 31, 2015: Non-vested Weighted Weighted Shares Average Average Underlying Exercise Grant Date Warrants Price Fair Value Non-vested at January 1, 2015 30,000 $ 0.18 $ 0.05 Granted 7,563,000 0.40 $ 0.24 Vested (7,390,000 ) 0.40 0.40 Forfeited/cancelled (30,000 ) 0.30 $ 0.30 Non-vested at December 31, 2015 173,000 $ 0.18 $ 0.24
Stock Option [Member]
Schedule of Fair Value Assumptions	The assumptions utilized to determine the fair value of options granted during the years ended December 31, 2015 and 2014 are as follows: 2015 2014 Risk free interest rate 0.79 % 0.79 % Expected volatility 168 % 205 % Expected term 5 years 5 years Expected dividend yield 0 0
Schedule of Activity	The following tables set forth the activity in the Company's Plan for the year ended December 31, 2015: Weighted Weighted average Shares average remaining Aggregate under exercise contractual intrinsic option price life value Outstanding at January 1, 2015 2,636,039 $ 0.29 Granted 783,500 0.29 Exercised (91,214 ) - Forfeited/cancelled (460,449 ) 0.22 Outstanding at December 31, 2015 2,867,876 0.30 3.40 $ - Exercisable at December 31, 2015 1,501,949 $ 0.30 2.99 $ -
Schedule of Nonvested Share Activity	The following table summarizes the activity and value of non-vested options as of and for the year ended December 31, 2015: Weighted average Number of grant date options fair value Non-vested options outstanding at January 1, 2015 1,494,663 $ 0.09 Granted 783,500 0.29 Vested (451,788 ) 0.46 Forfeited/cancelled (460,449 ) 0.22 Non-vested options outstanding at December 31, 2015 1,365,926 $ 0.18

ORGANIZATION, RECENT EVENTS, 25

ORGANIZATION, RECENT EVENTS, BASIS OF PRESENTATION AND MANAGEMENT'S PLANS (Narrative) (Details)	1 Months Ended		12 Months Ended
	Feb. 28, 2015item	Feb. 13, 2015item	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)	Apr. 30, 2015
Franchisor Disclosure [Line Items]
Number of restaurants to be opened			4
Franchisor agreement, number of restaurants	5	2	2
Royalty percentage			2.50%
Net loss | $			$ (3,889,145)	$ (3,769,015)
Accumulated deficit | $			$ (12,092,077)	$ (8,692,743)
Southern Hospitality Denver Holdings [Member] | Minimum [Member]
Franchisor Disclosure [Line Items]
Number of restaurants to be opened			1
Southern Hospitality Denver Holdings [Member] | Maximum [Member]
Franchisor Disclosure [Line Items]
Number of restaurants to be opened			2
Carve BBQ Glendale LLC [Member]
Franchisor Disclosure [Line Items]
Ownership percentage					66.075%

SIGNIFICANT ACCOUNTING POLICI26

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended		47 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Anti-dilutive securities	35,652,529	9,591,056
Contribution to subsidiary by non-controlling interest	$ 984,022		$ 897,465
Convertible related party notes and accrued interest converted into equity	100,000
Deposits	120,555	$ 80,525	120,555
Advertising expenses	350,200	444,200
Tenant improvement allowance	150,000
Unearned gift card revenue	18,530	$ 22,880	18,530
Southern Hospitality Denver, LLC [Member]
Noncontrolling Interest [Line Items]
Contribution to subsidiary by non-controlling interest			897,465
Southern Hospitality Southern Kitchen [Member]
Noncontrolling Interest [Line Items]
Contribution to subsidiary by non-controlling interest	109,022
Carve BBQ Glendale LLC [Member]
Noncontrolling Interest [Line Items]
Contribution to subsidiary by non-controlling interest	375,000
Convertible related party notes and accrued interest converted into equity	100,000
Cash distributed to non-controlling members	57,310		57,310
Southern Hospitality Lone Tree LLC [Member]
Noncontrolling Interest [Line Items]
Contribution to subsidiary by non-controlling interest	500,000
Cash distributed to non-controlling members	$ 57,310		$ 57,310

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details)	Dec. 31, 2015USD ($)
Estimated future amortization expense:
2,016	$ 5,000
2,017	5,000
2,018	5,000
2,019	5,000
2,020	5,000
Thereafter	10,625
Total	$ 35,625

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Intangible Assets Details Narrative
Accumulated amortization	$ 14,375	$ 9,375
Amortization expenses	$ 5,000	$ 5,000

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment	$ 5,531,806	$ 3,664,433
Less accumulated depreciation	(1,252,710)	(678,383)
Property and equipment, net	4,279,096	2,986,050
Depreciation expense	574,300	431,200
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 3,237,345	2,227,438
Estimated useful lives	10 years
Website development [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 45,750	21,500
Estimated useful lives	3 years
Computers and hardware [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 170,822	116,275
Estimated useful lives	5 years
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 2,077,889	$ 1,299,220
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	1 Months Ended				3 Months Ended		12 Months Ended
	Feb. 29, 2016	Nov. 30, 2014	Nov. 13, 2014	Aug. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Fair value of warrants					$ 274,700		$ 274,700		$ 44,000
Notes payable					482,934		482,934
Debt Instrument, Interest Rate, Stated Percentage		6.00%				10.00%		10.00%	5.00%
Debt term				5 years
Quarterly payments			$ 5,800
Accrued interest					$ 129,489	$ 129,589	$ 129,489	$ 129,589
Debt Instrument, Convertible, Conversion Price					$ 1.05		$ 1.05
Class of Warrant or Right, Exercise Price of Warrants or Rights									$ 0.50
Warrants Term				5 years					3 years
Debt discount on convertible debt allocated to warrants and beneficial conversion feature							$ 109,130	308,626
Payments made							$ 0	2,409
Fair value of discounted convertible notes								322,200
Warrants, number of shares called by warrant		300,000			15,000,000		15,000,000		50,000
Financing provided by agreement		$ 300,000
Withdrawal through agreement							$ 282,900	2,055
Proceeds from issuance of promissory notes and warrants			$ 25,000			90,000	280,000	460,000
Beneficial conversion feature							109,130	1,040,506
Subsequent Event [Member]
Debt Instrument [Line Items]
Notes payable	$ 150,000
Conversion price, percentage	5.00%
Warrants Term	2 years
Payments made	$ 50,000
Promissory Convertible Notes [Member]
Debt Instrument [Line Items]
Notes payable					$ 764,100	665,900	$ 764,100	665,900
Debt Instrument, Interest Rate, Stated Percentage					5.00%		5.00%
Debt term							7 years
Quarterly payment, percentage of quarterly revenue							2.50%
Quarterly payments							$ 108,000	64,870
Accrued interest					$ 119,490	77,620	$ 119,490	77,620
Conversion price, percentage							80.00%
Conversion expense							$ 53,900	49,100
Proceeds from issuance of promissory notes and warrants					$ 90,000
Promissory Convertible Notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Convertible, Conversion Price					$ 0.50		$ 0.50
Promissory Notes Having Interest 6.5 Percent [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				6.50%
Accrued interest					$ 467,700	159,200	$ 467,700	159,200
Conversion price, percentage				80.00%
Debt Instrument, Convertible, Conversion Price					$ 0.25		$ 0.25
Number of shares issued per dollar loaned				4
Class of Warrant or Right, Exercise Price of Warrants or Rights				$ 0.40
Warrants Term				2 years
Notes purchased by related party					$ 280,000	$ 460,000	$ 280,000	$ 460,000
Debt discount on convertible debt allocated to warrants and beneficial conversion feature				$ 143,100

NOTES PAYABLE (Details Narrat31

NOTES PAYABLE (Details Narrative 1) - USD ($)

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

Feb. 29, 2016

Jan. 31, 2016

Nov. 13, 2014

Aug. 31, 2014

Dec. 31, 2014

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Dec. 28, 2014

Nov. 30, 2014

Related Party Transaction [Line Items]

Quarterly payments

$ 5,800

Debt Instrument, Face Amount

$ 200,000

$ 300,000

Proceeds from Issuance of Debt

$ 25,000

$ 90,000

$ 280,000

$ 460,000

Franchisor agreement, term

10 years

Debt Instrument, Interest Rate, Stated Percentage

10.00%

10.00%

5.00%

6.00%

Interest Expense, Related Party

$ 130,000

$ 130,000

Class of Warrant or Right, Number of Securities Called by Warrants or Rights

15,000,000

50,000

300,000

Class of Warrant or Right, Number of Securities Called by Warrants or Rights, amount

$ 731,800

Balance of the discount

$ 731,880

365,940

731,880

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 0.50

Warrants Term

5 years

3 years

Fair value assumption, risk-free interest rate

0.79%

Fair value assumption, expected term

3 years

Balance of discount

731,880

$ 365,940

731,880

Warrants, number of shares called by warrant

15,000,000

50,000

300,000

Minimum [Member]

Related Party Transaction [Line Items]

Share price

$ .14

Maximum [Member]

Related Party Transaction [Line Items]

Share price

$ .30

Director [Member]

Related Party Transaction [Line Items]

Class of Warrant or Right, Number of Securities Called by Warrants or Rights

7,500,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

1 year

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 0.10

Warrants Term

5 years

Warrants, number of shares called by warrant

7,500,000

Subsequent Event [Member]

Related Party Transaction [Line Items]

Warrants Term

2 years

Bourbon Brothers Holding Company Llc [Member]

Related Party Transaction [Line Items]

Debt Instrument, Face Amount

$ 1,250,000

1,250,000

Proceeds from Issuance of Debt

$ 1,197,714

Debt Instrument, Interest Rate, Stated Percentage

9.50%

Debt Instrument, Interest Rate, Effective Percentage

6.25%

6.25%

Interest Expense, Related Party

$ 130,300

Class of Warrant or Right, Number of Securities Called by Warrants or Rights

7,500,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

1 year

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 0.10

Warrants Term

5 years

Warrants, number of shares called by warrant

7,500,000

Prepayment of Loan

$ 100,000

Bourbon Brothers Holding Company Llc [Member] | Subsequent Event [Member]

Related Party Transaction [Line Items]

Prepayment of Loan

$ 400,000

NOTES PAYABLE (Schedule of Matu

NOTES PAYABLE (Schedule of Maturities) (Details)	Dec. 31, 2015USD ($)
Debt Disclosure [Abstract]
2,016	$ 1,150,000
2,017	200,000
2,018	837,425
2,019	740,000
2,020	$ 282,934
Thereafter
Total notes payable	$ 3,210,359
Less total discount on notes payable	(880,485)
Add accrued interest at December 31, 2014	176,730
Total	2,506,604
Less current portion	(913,548)
Non-current portion	$ 1,593,056

COMMITMENTS AND CONTINGENCIES33

COMMITMENTS AND CONTINGENCIES (Details)	1 Months Ended				12 Months Ended
	Apr. 30, 2015	Feb. 28, 2015item	Feb. 13, 2015item	Apr. 30, 2012USD ($)	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Property, Plant and Equipment [Line Items]
Franchisor agreement, number of restaurants | item		5	2		2
Ownership percentage held in SHSK			51.00%
Monthly royalty floor					$ 5,000
Franchisor agreement, term					10 years
Franchisor agreement, renewal term					5 years
Royalty expense					$ 139,300	$ 59,000
Rent expenses					$ 188,800	194,120
Royalty percentage					2.50%
Fast Casual Restaurant in Glendale Colorado [Member]
Property, Plant and Equipment [Line Items]
Lease renewal term	5 years
Monthly rent					$ 11,100
Rent expenses					$ 84,960	0
Restaurant in Denver Colorado [Member]
Property, Plant and Equipment [Line Items]
Lease Term				10 years
Lease renewal term				5 years
Monthly rent				$ 16,000
Majority-Owned Subsidiary, Unconsolidated [Member]
Property, Plant and Equipment [Line Items]
Lease Term					10 years
Lease renewal term					10 years
Monthly rent					$ 33,340
Rent expenses					$ 401,000	383,000
Restaurant in Lone Tree Colorado [Member]
Property, Plant and Equipment [Line Items]
Lease Term					10 years
Lease renewal term					5 years
Monthly rent					$ 8,900
Rent expenses					$ 74,400	0
Corporate Headquarters [Member]
Property, Plant and Equipment [Line Items]
Lease Term					78 months
Monthly rent					$ 5,800
Monthly rent in year six					6,000
Rent expenses					$ 71,200	$ 69,600

COMMITMENTS AND CONTINGENCIES34

COMMITMENTS AND CONTINGENCIES (Schedule of Future Minimum Payments) (Details)	Dec. 31, 2015USD ($)
2,016	$ 893,181
2,017	825,935
2,018	832,298
2,019	838,853
2,020	810,721
Thereafter	2,113,719
Total future minimum lease payments	6,314,707
Third Party [Member]
2,016	492,089
2,017	424,843
2,018	431,206
2,019	437,761
2,020	409,629
Thereafter	893,731
Total future minimum lease payments	3,089,259
Related Party [Member]
2,016	401,092
2,017	401,092
2,018	401,092
2,019	401,092
2,020	401,092
Thereafter	1,219,988
Total future minimum lease payments	$ 3,225,448

INCOME TAXES (Schedule of Defer

INCOME TAXES (Schedule of Deferred Tax Assets (Liabilities) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Stock based compensation	$ 490,000	$ 370,000
Total current assets	490,000	370,000
Non-current assets:
Intangible assets	4,900	7,000
Property and equipment	840,000	157,000
Net operating loss carryforwards	3,219,000	2,598,000
Deferred tax assets (liabilities)	4,553,900	3,132,000
Valuation allowance	$ (4,553,900)	$ (3,132,000)
Net deferred tax assets

INCOME TAXES (Details)

INCOME TAXES (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Federal Income Tax [Line Items]
Net operating loss carryforwards	$ 8,699,000
Minimum [Member]
Federal Income Tax [Line Items]
Net operating loss carryforward expiration date	Dec. 31, 2031
Maximum [Member]
Federal Income Tax [Line Items]
Net operating loss carryforward expiration date	Dec. 31, 2035

INCOME TAXES (Schedule of Incom

INCOME TAXES (Schedule of Income Tax Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Deferred tax benefit:
Federal	$ (1,307,000)	$ (1,204,000)
State	(115,000)	(106,000)
Deferred tax benefit	(1,422,000)	(1,310,000)
Increase in valuation allowance	$ 1,422,000	$ 1,310,000
Income tax benefit

INCOME TAXES (Schedule of Inc38

INCOME TAXES (Schedule of Income Tax Reconciliation) (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Statutory rate	34.00%	34.00%
State taxes	3.00%	3.00%
Permanent differences and other	(4.00%)	(7.00%)
Valuation allowance	(33.00%)	(30.00%)
Effective rate

EQUITY (Details)

EQUITY (Details) - Stock Option [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate	0.79%	0.79%
Expected volatility	168.00%	205.00%
Expected term	5 years	5 years
Expected dividend yield	0.00%	0.00%

EQUITY (Details 1)

EQUITY (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Weighted average exercise price
Granted	$ 0.33	$ 0.47
Stock Option [Member]
Shares under options
Outstanding, beginning balance	2,636,039
Granted	783,500
Exercised	(91,214)
Forfeited/cancelled	(460,449)
Outstanding, ending balance	2,867,876	2,636,039
Exercisable	1,501,949
Weighted average exercise price
Granted	$ 0.29
Exercised
Forfeited/cancelled	$ 0.22
Outstanding, ending balance	0.30
Exercisable	$ 0.30
Aggregate intrinsic value
Outstanding, ending balance
Exercisable
Weighted average remaining contractual life, outstanding	3 years 4 months 24 days
Weighted average remaining contractual life, exercisable	2 years 11 months 27 days

EQUITY (Details 2)

EQUITY (Details 2) - Stock Option [Member]	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Non-vested Stock Option Activity
Outstanding, beginning balance | shares	1,494,663
Granted | shares	783,500
Vested | shares	(451,788)
Forfeited/cancelled | shares	(460,449)
Outstanding, ending balance | shares	1,365,926
Weighted average exercise price
Outstanding, beginning balance | $ / shares	$ 0.09
Granted | $ / shares	0.29
Vested | $ / shares	0.46
Forfeited/cancelled | $ / shares	0.22
Outstanding, ending balance | $ / shares	$ 0.18

EQUITY (Details 3)

EQUITY (Details 3) - Warrant [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate	0.79%	0.79%
Expected volatility	168.00%	205.00%
Expected term	5 years	5 years
Expected dividend yield	0.00%	0.00%

EQUITY (Details 4)

EQUITY (Details 4) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Weighted average exercise price
Granted	$ 0.33	$ 0.47
Warrant [Member]
Shares Underlying Warrants
Outstanding, beginning balance	20,184,614
Granted	7,563,000
Forfeited/cancelled	(30,000)
Outstanding, ending balance	27,717,614	20,184,614
Exercisable	27,544,614
Weighted average exercise price
Outstanding, beginning balance	$ 0.18
Granted	0.40
Forfeited/cancelled	0.30
Outstanding, ending balance	0.25	$ 0.18
Exercisable	$ 0.25
Aggregate intrinsic value
Outstanding, ending balance
Exercisable
Weighted average remaining contractual life, outstanding	2 years 11 months 16 days
Weighted average remaining contractual life, exercisable	2 years 11 months 16 days

EQUITY (Details 5)

EQUITY (Details 5) - Warrant [Member]	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Non-vested Shares Underlying Warrants
Outstanding, beginning balance | shares	30,000
Granted | shares	7,563,000
Vested | shares	(7,390,000)
Forfeited/cancelled | shares	(30,000)
Outstanding, ending balance | shares	173,000
Weighted Average Exercise Price
Outstanding, beginning balance	$ 0.18
Granted	0.40
Vested	0.40
Forfeited/cancelled	0.30
Outstanding, ending balance	0.18
Weighted Average Grant Date Fair Value
Outstanding, beginning balance	0.05
Granted	0.24
Vested	0.4
Forfeited/cancelled	0.3
Outstanding, ending balance	$ 0.24

EQUITY (Details Narrative)

EQUITY (Details Narrative)	Feb. 03, 2016shares	Mar. 01, 2014shares	Feb. 29, 2016	Aug. 31, 2014	Jan. 22, 2014shares	Dec. 31, 2015USD ($)item$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013	Mar. 11, 2016shares	Jan. 31, 2014shares
Preferred stock, shares authorized						4,884,859	4,884,859			18,242,700
Number of shares issued					18,242,687
Conversion of preferred shares to common, shares	456,068	13,357,828
Preferred stock, shares issued						4,884,859	4,884,859
Preferred stock, shares outstanding						4,884,859	4,884,859
Votes per share						25
Sale of common stock for cash | $						$ 1,849,019	$ 1,254,913
Issuance of common stock for services, shares							30,000
Issuance of common stock for services | $						$ 33,333	$ 21,503
Stock option plan, shares authorized					4,000,000
Exercise price | $ / shares						$ 0.33	$ 0.47
Stock-based compensation | $						$ 324,929	$ 475,056
Unrecognized share-based compensation expense | $						$ 329,100
Warrants issued, term				5 years				3 years
Warrants issued to purchase common stock						6,265,000	4,183,042
Common units issued						30,000	21,678
Common units issued, value						15,000	6,503
Risk free interest rate				0.79%
Shares issued for service, shares						136,874
Shares issued for service | $						$ 33,333
Warrants exercised						0	1,094,562
Subsequent Event [Member]
Preferred stock, shares authorized									456,068
Conversion of preferred shares to common, shares	4,428,791
Preferred stock, shares issued	456,068
Preferred stock, shares outstanding	456,068
Warrants issued, term			2 years
Stock Option [Member]
Options granted						783,500
Exercise price | $ / shares						$ 0.29
Stock-based compensation | $						$ 324,900	$ 475,056
Unrecognized share-based compensation expense | $						$ 241,200
Warrants issued, term						5 years
Value of options exercise | $						$ 25	$ 33
Stock Option [Member] | Director [Member]
Issuance of common stock for services | $						$ 330,000
Number of Board of Directors to who Awards Granted | item						6
Exercise price | $ / shares						$ 0.30
Warrants issued to purchase common stock						7,500,000
Fair value of warrants | $						$ 730,880
Stock Option [Member] | Restaurant Managers [Member]
Issuance of common stock for services | $						$ 330,000
Number of Board of Directors to who Awards Granted | item						2
Exercise price | $ / shares						$ 0.30
Vesting term						3 years
Stock Option [Member] | Store Managers [Member]
Issuance of common stock for services | $						$ 330,000
Exercise price | $ / shares						$ 0.30
Vesting term						2 years
Maximum [Member] | Stock Option [Member] | Director [Member]
Options granted						600,000
Warrants issued to purchase common stock						43,500
Maximum [Member] | Stock Option [Member] | Restaurant Managers [Member]
Options granted						120,000
Warrant [Member]
Issuance of common stock for services | $						$ 178,000
Options granted						7,563,000
Exercise price | $ / shares						$ 0.40
Warrants issued, term						3 years
Warrants issued to purchase common stock						6,265,000
Fair value of warrants | $						$ 837,500
Risk free interest rate						0.78%
Volatility						168.00%
Warrant [Member] | 2014 Note [Member]
Number of shares issued						1,120,000
Exercise price | $ / shares						$ 0.40
Warrants issued, term						3 years
Warrant [Member] | Minimum [Member]
Exercise price | $ / shares						$ 0.25
Vesting term						1 year
Risk free interest rate						0.79%
Volatility						168.00%
Warrant [Member] | Maximum [Member]
Exercise price | $ / shares						$ 0.31
Volatility						205.00%

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Feb. 29, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 11, 2016	Feb. 03, 2016	Jan. 31, 2014
Subsequent Event [Line Items]
Sale of common stock for cash		$ 1,849,019	$ 1,254,913
Decreased authorized preferred stock		4,884,859	4,884,859			18,242,700
Increased authorized capital stock		120,000,000	120,000,000
Common Stock [Member]
Subsequent Event [Line Items]
Sale of common stock for cash, shares			4,183,042
Sale of common stock for cash			$ 1,254,913
Subsequent Event [Member]
Subsequent Event [Line Items]
Conversion of Series A Preferred shares into shares of common stock					4,428,791
Sale of common stock and warrants, amount					$ 215,000
Sale of common stock and warrants, shares					1,075,000
Decreased authorized preferred stock				456,068
Increased authorized capital stock				125,456,068
Subsequent Event [Member] | Series A Stock [Member]
Subsequent Event [Line Items]
Increased authorized capital stock				456,068
Subsequent Event [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Increased authorized capital stock				125,000,000
Subsequent Event [Member] | Touch 4 Partners, LLC [Member]
Subsequent Event [Line Items]
Proceeds from exchange of unsecured promissory note	$ 25,000
Proceeds from exchange of unsecured promissory note, face value	$ 25,000
Unsecured promissory note interest rate	5.00%
Payment of outstanding promissory note	$ 50,000
Payment of accrued interest	200,000
Payment of accrued interest, total	10,833
Promissory note issued for remaining principal	$ 150,000
Unsecured Promissory note due date	Feb. 3, 2017