fuboTV (FUBO) 10-Q 23 Nov 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Nov. 16, 2016
Document And Entity Information
Entity Registrant Name	CAROLCO PICTURES, INC.
Entity Central Index Key	1,484,769
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		337,397,856
Trading Symbol	CRCO
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash	$ 7,000	$ 48,000
Accounts receivable	5,000
Prepaid expenses and other current assets	16,000	13,000
Total current assets	28,000	61,000
Property and equipment, net of accumulated depreciation of $11,000 and $10,000, respectively	1,000	2,000
Deposits on project paid to related party	250,000	250,000
Total assets	279,000	313,000
Current Liabilities
Accounts payable	44,000	22,000
Accrued interest (including interest to related party of $99,000 and $42,000, respectively)	111,000	65,000
Accrued payroll	125,000	125,000
Advances from related parties	31,000	31,000
Notes payable	75,000	44,000
Convertible notes payable	54,000	182,000
Convertible notes payable-related party	434,000	543,000
Derivative liability	8,619,000	4,673,000
Total current liabilities	9,493,000	5,685,000
Commitments and Contingencies
Stockholders’ Deficit
Common stock par value $0.0001: 5,000,000,000 shares authorized; 324,273,023 and 93,856,857 shares issued and outstanding, respectively	33,000	9,000
Additional paid-in capital	6,883,400	6,369,000
Accumulated deficit	(15,943,000)	(11,594,000)
Total Stockholders’ Deficit	(9,026,000)	(5,216,000)
Non-Controlling Interest in Subsidiaries	(188,000)	(156,000)
Total Stockholders’ Deficit allocated to Carolco Pictures, Inc.	(9,214,000)	(5,372,000)
Total Liabilities and Stockholders’ Deficit	279,000	313,000
Series A Preferred Stock [Member]
Stockholders’ Deficit
Preferred stock value	500
Series B Preferred Stock [Member]
Stockholders’ Deficit
Preferred stock value	$ 100

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Property and equipment, net of accumulated depreciation	$ 11,000	$ 10,000
Accrued interest to related party	$ 99,000	$ 42,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	324,273,023	93,856,857
Common stock, shares outstanding	324,273,023	93,856,857
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	5,000,000	0
Preferred stock, shares outstanding	5,000,000	0
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	1,000,000	0
Preferred stock, shares outstanding	1,000,000	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenues	$ 7,000	$ 400,000	$ 29,000	$ 402,000
Cost of goods sold	2,000	304,000	4,000	337,000
Gross profit	5,000	96,000	25,000	65,000
Operating expenses
Compensation	50,000	(100,000)	164,000	388,000
Professional fees	51,000	175,000	51,000	290,000
General and administrative	29,000	136,000	57,000	228,000
Total operating expenses	130,000	211,000	272,000	906,000
Loss from operations	(125,000)	(115,000)	(247,000)	(841,000)
Other income (expense)
Interest expense (including interest to related party for the six months of $57,000 and $11,000, respectively)	(31,000)	(121,000)	(201,000)	(122,000)
Change in fair value of derivative liability	(1,751,000)	12,000	(4,203,000)	12,000
Gain on extinguishment of derivative liability	84,000		257,000
Other income (expense)		(7,000)	13,000	(11,000)
Other income (expense), net	(1,698,000)	116,000	(4,134,000)	(121,000)
Loss before non-controlling interest	(1,823,000)	(231,000)	(4,381,000)	(962,000)
Net loss attributable to non-controlling interest		5,000	(32,000)	(23,000)
Net loss attributable to Carolco Pictures, Inc. stockholders	$ (1,823,000)	$ (236,000)	$ (4,349,000)	$ (939,000)
Net loss per common share - basic and diluted	$ (0.01)	$ 0	$ (0.02)	$ (0.02)
Weighted-average common shares outstanding -basic and diluted	278,141,035	59,355,545	217,767,404	57,975,771

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Interest expense related party	$ 57,000	$ 11,000

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Shareholders' Deficit (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($)	Common Stock [Member]	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Additional Paid-In Capital	Common Stock Receivable	Accumulated Deficit	Noncontrolling Interest	Total
Balance at Dec. 31, 2015	$ 9,000			$ 6,369,000		$ (11,594,000)	$ (156,000)	$ (5,372,000)
Balance, shares at Dec. 31, 2015	93,856,857
Common stock issued upon conversion of notes payable	$ 20,000			71,000				91,000
Common stock issued upon conversion of notes payable, shares	195,416,166
Common stock issued in conversion of notes payable- related party	$ 4,000			5,000				9,000
Common stock issued in conversion of notes payable- related party, shares	35,000,000
Issuance of Series A and B due to settle advances		$ 500	$ 100	438,400				439,000
Issuance of Series A and B due to settle advances, shares		5,000,000	1,000,000
Net loss						(4,349,000)	(32,000)	(4,381,000)
Balance at Jun. 30, 2016	$ 33,000	$ 500	$ 100	$ 6,883,400		$ (15,943,000)	$ (188,000)	$ (9,214,000)
Balance, shares at Jun. 30, 2016	324,273,023	5,000,000	1,000,000

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss before noncontrolling interest	$ (4,381,000)	$ (962,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of derivative liability	4,203,000	(12,000)
Amortization of debt discount and debt issuance cost	79,000	109,000
Depreciation expense	1,000	1,000
Gain on extinguishment of derivative liability	(257,000)
Share based compensation		201,000
Write-off of subscription receivable		8,000
Changes in operating assets and liabilities:
Accounts receivable	(5,000)	(7,000)
Prepaid expenses and other current assets	(3,000)	7,000
Accounts payable	22,000	126,000
Accrued interest	51,000	12,000
Accrued payroll	86,000
Deferred revenue		(64,000)
Net cash used in operating activities	(204,000)	(581,000)
Cash flows from investing activities:
Purchase of computer equipment		(3,000)
Deposit on project paid to related party		(250,000)
Net cash used in investing activities		(253,000)
Cash flows from financing activities:
Advances from (repayments to) related parties	354,000	(79,000)
Proceeds from note payable - related party		380,000
Repayment of note payable - related party	(100,000)	(25,000)
Proceeds from issuance of notes payable	31,000	54,000
(Payments) proceeds from issuance of convertible notes payable	(122,000)	254,000
Proceeds from private placements of common stock		182,000
Proceeds from sale of units of common stock and warrants		150,000
Net cash provided by financing activities	163,000	916,000
Net cash increase (decrease) in cash and cash equivalents	(41,000)	82,000
Cash and cash equivalents - beginning of period	48,000	160,000
Cash and cash equivalents - end of period	7,000	242,000
Supplemental disclosures of cash flow information:
Interest paid in cash	19,000	4,000
Taxes paid in cash
Non Cash Investing and Financing Activities
Common stock issued upon conversion notes payable and accrued interest	91,000	192,000
Common stock issued upon conversion notes payable – related party	9,000
Preferred Stock issued upon settlement of related party advances and accrued payroll	439,000
Accrued legal services paid in stock		12,000
Debt discount due to convertible feature		$ 278,000

Organization and Basis of Opera

Organization and Basis of Operations	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Organization and Basis of Operations	Note 1 - Organization and Basis of Operations Carolco Pictures, Inc. (formerly “Brick Top Productions, Inc” or the “Company”) was incorporated under the laws of the State of Florida in February 2009 under the name “York Entertainment, Inc.” The Company changed its name to Brick Top Productions, Inc. in October 2010. In January 2015, the Company changed its name from Brick Top Productions, Inc. to Carolco Pictures, Inc. In addition, in January 2015, the Company changed its stock symbol from “BTOP” to “CRCO.” The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) as promulgated in the United States of America (“U.S.”) and with instructions to Form 10-Q pursuant to the rules and regulations of Securities and Exchange Act of 1934, as amended (the “Exchange Act”) and Article 8-03 of Regulation S-X under the Exchange Act. Accordingly, these condensed consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, we have included all adjustments considered necessary (consisting of normal recurring adjustments) for a fair presentation. Operating results for the six and three months ended June 30, 2016 are not indicative of the results that may be expected for the fiscal year ending December 31, 2016. You should read these unaudited condensed consolidated financial statements in conjunction with the audited financial statements and the notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2015 filed on November 22, 2016. The condensed consolidated balance sheet as of December 31, 2015 has been derived from the audited financial statements included in the Form 10-K for that year. Going Concern The Company’s consolidated financial statements have been prepared assuming that it will continue as a going concern, and which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the consolidated financial statements, the Company had a stockholders’ deficit of $9,214,000 at June 30, 2016, and incurred a net loss of $4,381,000, and utilized net cash used in operating activities $204,000 for the six months ended. In addition, at June 30, 2016, $434,000 of convertible notes payable – related party and $54,000 of convertible notes matured and were in default. These factors raise substantial doubt about the Company’s ability to continue as a going concern. In addition, our independent auditors, in their report on our audited financial statements for the year ended December 31, 2015 expressed substantial doubt about our ability to continue as a going concern. The consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to execute its strategy and in its ability to raise additional funds. Management is currently seeking additional funds, primarily through the issuance of equity securities for cash to operate its business. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing or cause substantial dilution for our stock holders, in case or equity financing. In July 2016, the Company raised approximately $416,000 through the issuance of 487,000 shares of common stock. Management estimates that the current funds on hand as of the date of this report, amounting to approximately $120,000 will be sufficient to continue operations through the year ended December 31, 2016.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 - Summary of Significant Accounting Policies Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Those estimates and assumptions include depreciable lives of property and equipment, analysis of impairments of recorded goodwill, accruals for potential liabilities, assumptions made in valuing derivative liabilities and assumptions made in valuing stock instruments issued for services. Principles of Consolidation The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest York Productions, LLC The State of Florida October 22, 2008 (June 1, 2010) 60% York Productions II, LLC The State of Florida June 13, 2013 60% S&G Holdings, Inc. The State of Tennessee January 4, 2005 (December 24, 2013) 75% The accompanying financial statements are consolidated and include the accounts of the Company and its majority owned subsidiaries. The consolidated accounts include 100% of the assets and liabilities of our majority owned subsidiaries, and the ownership interests of minority investors are recorded as a minority interest. All inter-company balances and transactions have been eliminated. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in generally accepted accounting principles (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash, other assets, accounts payable and accrued payroll, approximate their fair values because of the short maturity of these instruments. The carrying values of notes payable and convertible notes approximate their fair values due to the fact that the interest rates on these obligations are based on prevailing market interest rates. The carrying amount of the Company’s derivative liability of $8,619,000 and $4,673,000 as of June 30, 2016 and December 31, 2015 was based on Level 2 measurements. Concentrations During the six months ended June 30, 2016 and 2015, the Company had one customer that accounted for 66% and 57% of sales respectively. Revenue Recognition The Company specializes in the development and presentation of quality television programming including series, specials, pilots, live events and award shows. The Company recognizes revenue from its live events and award show productions when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the show or live event has been completed and occurred and there are no future production obligations, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Revenues from the sale of programming for television and other media will be recognized when the following criteria are met: (i) persuasive evidence of an arrangement exists; (ii) the show/episode is complete, and in accordance with the terms of the arrangement, has been delivered or is available for immediate and unconditional delivery; (iii) the price to the customer is fixed and determinable; and (iv) collectability is reasonably assured. Stock-Based Compensation The Company periodically issues stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by FASB where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. The Company accounts for stock option and warrant grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock compensation is based upon the measurement date as determined at either a) the date at which a performance commitment is reached, or b) at the date at which the necessary performance to earn the equity instruments is complete. Options and warrants granted to non-employees are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options and warrants vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting. In certain circumstances where there are no future performance requirements by the non-employee, option and warrant grants are immediately vested and the total stock-based compensation charge is recorded in the period of the measurement date. The fair value of the Company’s stock option and warrant grants are estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or warrants, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model, and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods. Deposit for Film Project to Related Party Deposit for film project include capitalizable production costs, production overhead, interest, development costs and acquired production costs and are stated at the lower of cost, less accumulated amortization, or fair value. The amount by which the unamortized costs of film and television productions exceed their estimated fair values is written off. Film development costs for projects that have been abandoned or have not been set for production within three years are generally written off. Loss Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution, using the treasury stock method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted loss per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At June 30, 2016 and December 31, 2015 there were 2,952,600 warrants outstanding, which were excluded from the loss per share calculation as they were anti-dilutive. Derivative Financial Instruments The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The Company uses a probability weighted average Black-Scholes-Merton models to value the derivative instruments at inception and on subsequent valuation dates through the June 30, 2016, reporting date. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of ASU 2016-02 on the Company’s financial statements and disclosures. In March 2016, the FASB issued the ASU 2016-09, Compensation - Stock Compensation (Topic 718) Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statement presentation or disclosures.

Deposit for Film Project Paid t

Deposit for Film Project Paid to Related Party	6 Months Ended
	Jun. 30, 2016
Deposits [Abstract]
Deposit for Film Project Paid to Related Party	Note 3 – Deposit for Film Project Paid to Related Party In April 2015, the Company entered into an agreement with Mr. Mario Kassar, who at the time was the Chairman of the Company. Pursuant to the agreement, the Company provided $250,000 in funding to a company managed by Mr. Kassar for the production of a film initially titled “Audition” Pursuant to the terms of the Agreement, the Company engaged Mr. Kassar to render producing and sales services for each film in the “Rambo” franchise, “SMITE” franchise or other feature length motion picture property introduced to the Company by Mr. Kassar (each, a “Picture”) on the same terms as apply to “Audition,” except that the producing fee shall not be less than 10% of the budget of each Picture. The Company also agreed to pay Mr. Kassar 5% of the purchase price of any Carolco-produced feature length films in the “Rambo” franchise and all completed films or film libraries acquired by the Company with Mr. Kassar’s assistance and based on Mr. Kassar’s introduction to the Company of such completed films or film libraries. The terms of the Agreement also provide that the Company will pay Mr. Kassar a discretionary bonus in relation to his efforts in bringing projects and opportunities to the Company. As of June 30, 2016, the project was still in pre-production stage. The Company determined there were no such impairment of the deposit at June 30, 2016 and December 31, 2015 due to the early stages of the film production.

Note Payable

Note Payable	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Note Payable	Note 4 –Note Payable The Company has a note payable to a financial institution wherein the Company can make advances up to $75,000. The note payable is secured by certain of the Company’ assets, bears an average interest rate of 5% per annum and will mature in April 2017. As of December 31, 2015, total outstanding note payable amounted to $44,000. During the period ended June 30, 2016, the Company advanced $31,000 and accrued and paid interest of $1,000. As of June 30, 2016, outstanding balance of the note amounted $75,000.

Convertible Notes Payable in De

Convertible Notes Payable in Default	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Convertible Notes Payable in Default	Note 5- Convertible Notes Payable in Default Convertible notes payable consist of the following as of June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (a) St. George $ - $ 56,000 (b) Vis Vires - 78,000 (c) Auctus Find 54,000 86,000 (d) Vis Vires - 41,000 Total Notes 54,000 261,000 Less Valuation Discount - (79,000 ) Net Balance $ 54,000 $ 182,000 (a) On May 6, 2015, the Company issued an unsecured convertible promissory note in the principal amount of $91,000 to St. George Investments, LLC (the “Lender”). The note bore interest at 22% per annum, as amended and matured in April 2016. Under the terms of the note, there was an original issue discount (“OID”) of $8,000 withheld at funding and the Company agreed to pay $3,000 to the Lender to cover the Lender’s legal fees and other transaction related costs. The Company recognized the OID as a note discount and the $3,000 fee as debt issuance costs. Both the note discount and issuance costs recognized in the transaction were accreted to interest expense over the life of the note. In addition, the Company paid an $8,000 finders’ fee in the transaction which has been recorded in debt issuance costs and is being accreted to interest expense of the life of the note. The note was convertible by the Lender into common stock of the Company at the lesser of $0.45 per share or, in the event the Company’s market capitalization falls below $15.0 million, at a defined Lender conversion price. As of December 31, 2015, outstanding balance of the note amounted to $56,000 and accrued interest of $3,000. During the six months ended June 30, 2016, the Company accrued interest of $3,000 and paid off the note in its entirety with a total of interest and principal balance of $62,000. (b) On May 12, 2015, the Company issued a convertible promissory note in the principal amount of $104,000 to the Vis Vires Group, Inc. (“VVG”). The note bore interest at 22% per annum, as amended, and matured in February 2016. VVG deducted $2,000 from the proceeds to cover their legal and other transaction related costs which was recorded as debt issuance costs and is being accreted to interest expense over the life of the note. The note carried a variable conversion price defined as 61% of the market price (representing a 39% discount), with market price being defined as the average of the lowest three trading days for the Company’s common stock during the 10 day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $78,000 and accrued interest of $9,000. During the the six months ended June 30, 2016, the Company accrued interest of $3,000, paid off the note and accrued interest in the aggregate of $79,000 and converted the remaining principal balance of $11,000 to 5,978,947 shares of common stock. (c) On June 22, 2015, the company issued a convertible promissory note in the amount of $88,000 to the Auctus Fund, LLC (“Auctus”). The note bears interest at 24% per annum, as amended, and matured in March 2016. Auctus deducted $8,000 from the proceeds to cover their legal and other transaction related costs which were recorded as debt issuance costs and is being accreted to interest expense over the life of the note. In addition, the Company paid an $8,000 finders’ fee in this transaction which has been recorded in debt issuance costs and was accreted to interest expense over the life of the note. The note carried a variable conversion price defined as 50% of the market price (representing a 50% discount), with market price being defined as the lowest trading price of our common stock during the 25-trading day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $86,000 and accrued interest of $7,000. During the six months ended June 30, 2016, the Company converted principal and accrued interest in the aggregate of $37,000 to 147,627,745 shares of common stock. As of June 30, 2016, outstanding note balance amounted to $54,000 and accrued interest of $12,000. As of June 30, 2016, the note was past due and in default. (d) On July 10, 2015, the Company issued a convertible promissory note in the principal amount of $52,500 to the Vis Vires Group, Inc. (“VVG”). The note bore interest at 22% per annum, as amended and matured in April 2016. VVG deducted $1,000 from the proceeds to cover their legal related costs which were charged to interest expense. The note carried a variable conversion price defined as 61% of the market price (representing a 39% discount), with market price being defined as the average of the lowest three trading days for the Company’s common stock during the 10-day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $41,000 and accrued interest of $3,000. During the six months ended June 30, 2016, the Company converted the entire principal and accrued interest amounting to $43,000 to 41,809,474 shares of common stock. The Company considered the current FASB guidance of “Contracts in Entity’s Own Stock” which indicates that any adjustment to the fixed amount (either conversion price or number of shares) of the instrument regardless of the probability of whether or not within the issuers’ control means the instrument is not indexed to the issuer’s own stock. Accordingly, the Company determined that the conversion prices of these Notes were not a fixed amount because they were subject to an adjustment based on the occurrence of future offerings or events. As a result, the Company determined that the conversion features of the Notes were not considered indexed to the Company’s own stock and characterized the fair value of the conversion features as derivative liabilities upon issuance. The Company determined that upon issuance of the Notes in 2015, the initial fair value of the embedded conversion feature was $532,000. As such, the Company recorded a $532,000 derivative liability, of which $305,000 was recorded as debt discount offsetting the fair value of the Notes and the remainder of $226,000 was recorded as a financing cost in 2015. The discount is being amortized using the effective interest rate method over the life of the debt instruments. The unamortized balance of the debt discount was $79,000 as of December 31, 2015. During the six months ended June 30, 2016, the Company amortized to interest expense, $79,000 of the remaining debt discount. In addition, the Company also recorded and paid additional interest of $55,000 due to the default of certain of these notes.

Convertible Notes Payable to Re

Convertible Notes Payable to Related Party	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Convertible Notes Payable to Related Party	Note 6 – Convertible Notes Payable to Related Party In July 2015, the Company issued its convertible promissory notes to Alex Bafer, Chairman and former CEO in exchange for the cancellation of previously issued promissory notes in the aggregate of $555,000 and accrued interest of $13,000 for a total of $543,000. The notes are unsecured, bear interest of 5% per annum, matured on October 1, 2015 and are convertible to shares of common stock at a conversion price equal to the lowest 20-day stock price prior to conversion with a 50% discount. The Company considered the current FASB guidance of “Contracts in Entity’s Own Stock” which indicates that any adjustment to the fixed amount (either conversion price or number of shares) of the instrument regardless of the probability of whether or not within the issuers’ control means the instrument is not indexed to the issuer’s own stock. Accordingly, the Company determined that the conversion prices of the Notes were not a fixed amount because they were subject to an adjustment based on the occurrence of future offerings or events. As a result, the Company determined that the conversion features of the Notes were not considered indexed to the Company’s own stock and characterized the fair value of the conversion features as derivative liabilities upon issuance. The Company determined that upon issuance of the convertible Notes in 2015, the initial fair value of the embedded conversion feature was $1.5 million. The Company determined that the cancellation of the previously issued promissory notes in exchange for the convertible notes issued in 2015 was an extinguishment of debt, and the fair value of the derivative liability of $1.5 million was created upon the exchange of debt instruments and was accounted as a debt extinguishment cost during the year ended December 31, 2015. In October 2015, the notes matured and became past due. As a result, the stated interest of 5% increased to 22% pursuant to the term of the note. As of December 31, 2015, total outstanding note balance amounted to $543,000 and accrued interest of $42,000. During the period ended June 30, 2016, Mr. Bafer converted principal balance of $9,000 to 35 million shares of common stock. In addition, the Company paid Mr. Bafer $100,000 and accrued interest of $57,000. As of June 30, 2016, total outstanding note balance amounted to $434,000 and accrued interest of $99,000. In July 2016, the Company and Mr. Bafer agreed to extend the maturity date of these notes to August 1, 2017. There were no other terms changed and no additional compensation paid.

Derivative Liability

Derivative Liability	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liability	Note 7 - Derivative Liability The FASB has issued authoritative guidance whereby instruments which do not have fixed settlement provisions are deemed to be derivative instruments. Certain warrants issued to investors and conversion features of notes payable do not have fixed settlement provisions because their exercise prices will be lowered if the Company issues securities at lower prices in the future. In accordance with the FASB authoritative guidance, the conversion feature of the notes was separated from the host contract (i.e., the notes) and the fair value of the warrants have been recognized as a derivative and will be re-measured at the end of every reporting period with the change in value reported in the statement of operations. The Company had four convertible notes payable, five convertible note payable to a related party and warrants to purchase a total of 561,250 shares of common stock as of June 30, 2016 that were accounted for as derivative liability. The derivative liability were valued at the following dates using a probability based weighted-average Black-Scholes-Merton model with the following average assumptions: December 31, 2015 June 30, 2016 Stock Price $ 0.001 $ 0.001 Risk free interest rate 0.003 % 0.39 % Expected Volatility 404 % 462 % Expected life in years 0.614 0.625 Expected dividend yield 0 % 0 % Fair Value – Warrants $ 3,658,000 $ 7,283,000 Fair Value – Note Conversion Feature $ 1,015,000 $ 1,336,000 The risk-free interest rate was based on rates established by the Federal Reserve Bank. The Company uses the historical volatility of its common stock to estimate the future volatility for its common stock. The expected life of the was determined by the remaining contractual life of the derivative instrument. For derivative instrument that already matured, the Company used the estimated life. The expected dividend yield was based on the fact that the Company has not paid dividends to its common stockholders in the past and does not expect to pay dividends to its common stockholders in the future. During the six months ended June 30, 2016, the Company recorded a gain of $257,000 upon the extinguishment of derivative liabilities related to the payment and conversion of certain convertible notes, and a $4,203,000 relating to the change in the fair value of the derivatives during the period. As of June 30, 2016, the aggregate fair value of the derivative liabilities was $8,619,000.

Stockholders' Deficit

Stockholders' Deficit	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stockholders' Deficit	Note 8 - Stockholders’ Deficit In January 2016, the Company increased the number of authorized shares of common stock from 100,000,000 to 5,000,000,000 and the number of shares of its preferred stock from 10,000,000 to 50,000,000, the rights and preferences of which to be determined by the Board of Directors. Issuance of Preferred Stock In June 2016, the Company issued 5,000,000 of Preferred A shares and 1,000,000 of Preferred B shares to Mr. Tarek Kirschen, former Chief Executive Officer, as settlement for advances made by him to the Company during the period ended June 30, 2016 amounting to $354,000 and accrued payroll of $85,000 for a total of $439,000. The Preferred A shares is entitled to 100 votes per 1 share with no dividend rights and is not convertible to common shares. The Preferred B shares is convertible to 2 common shares per 1 preferred share and is entitled to 1 vote per 1 share with no dividend rights. Concurrent with the settlement, Mr. Kirschen sold the 5 million Preferred A shares issued to him to an unrelated individual, Mr. David Cohen, for $150,000. As a result of this sale, Mr. Cohen gained control of the Company and became its Chief Executive Officer. Common Shares Issued for Conversion of Notes Payable During the six months ended June 30, 2016, the Company issued 230,416,166 common shares upon conversion of convertible notes, accrued interest and convertible notes – related party in the aggregate of $100,000. Summary of the Company’s Stock Warrant Activities The following table summarizes information concerning outstanding and exercisable warrants as of June 30, 2016: Warrants Weighted Average Price January 1, 2016 $ 2,952,600 $ 0.08 Granted - Exercised - - Forfeited - - June 30, 2016 2,952,600 $ 0.08

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 9 - Related Party Transactions Advances from Related Party From time to time, the former CEO of the Company and a shareholder advanced funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand. As of December 31, 2015, outstanding advances from related party amounted to $31,000. During the six-month ended June 30, 2016, Mr. Tarek Kirschen, the Company’s CEO at that time, advanced a total of $354,000 which was used to payoff of certain of the Company’s outstanding payables, convertible notes payable and accrued interest. In June 2016, the Company settled these advances from Mr. Kirschen in exchange for 5,000,000 of Preferred A shares and 1,000,000 of Preferred B shares. As of June 30, 2016, total outstanding advances from related party amounted to $31,000. Accrued Payroll Pursuant to a September 2010 employment agreement with our former Chief Executive Officer, at June 30, 2016 and December 31, 2015, the Company had accrued payroll of $125,000. During the period ended June 30, 2016, the Company accrued payroll of $85,000 pursuant to a February 2016 employment agreement with Mr. Tarek Kirschen, CEO. In June 2016, the Company settled this accrued payroll in exchange for 5,000,000 of Preferred A shares and 1,000,000 of Preferred B shares.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 10 - Subsequent Events On July 20, 2016, the Company entered into an Amendment to Promissory Notes (“Notes Amendment”) with Alexander Bafer, whereby the maturity date of each of our five loans from Mr. Bafer was amended to be August 1, 2017 instead of October 1, 2015. The five loans are represented by Replacement Convertible Promissory Notes (“Notes”). Pursuant to the terms of the Notes Amendment, Mr. Bafer waived any default under each of the Notes through the date of the Notes Amendment as a result of any amounts payable under the Notes not being paid as of October 1, 2015 and waived the payment of any Default Interest (as defined in the Notes) through the date of the Notes Amendment as a result of such failure of payment. No other terms of the loans changed, and we did not pay any consideration for the extension. Our outstanding balance on the loans under the Notes as of July 20, 2016 was approximately $469,000. On July 21, 2016, the Company entered into a Redemption and Issuance Agreement (the “Redemption Agreement”) by and between the Company and South Centre, Inc., an entity owned and controlled by David Cohen, the Company’s sole director (at the time) and Chief Executive Officer. Pursuant to the Redemption Agreement, on the same date, the Company redeemed 2,500,000 shares of the Company’s Series A Preferred Stock (the “Series A Stock”) in exchange for the payment to South Centre of $0.0001 per share, for a total consideration of $250. The Company undertook the redemption for the purposes of obtaining the shares of Series A Stock so that such shares could be paid to certain third parties in connection with the Contribution Agreement as disclosed below. Also pursuant to the Redemption Agreement, on the same date, the Company issued to South Centre 12,750,000 shares of newly designated Series C Preferred Stock of the Company (the “Series C Stock”) in exchange for payment to the Company of $1,275. On July 25, 2016, the Company entered into a Contribution Agreement (the “Contribution Agreement”) by and between the Company, Recall Studios, Inc., a Nevada corporation (“Recall”), South Centre, Inc. (“South Centre”) and various other shareholders of Recall (the “Recall Shareholders”). The Contribution Agreement provided that the Recall Shareholders would contribute to the Company all of the shares of Recall held by the Recall Shareholders, which would result in Recall becoming a wholly owned subsidiary of the Company. In return for the contributions by the Recall Shareholders, the Company issued to the Recall Shareholders 25,256,250 shares of Series C Stock and 2,500,000 shares of the Series A Stock, that were redeemed by the Company from South Centre, as described above. The transactions under the Contribution Agreement closed on July 25, 2016. The Company hired a valuation specialist to assist the Company in the determination of the value of the acquisition. As of the date of this report, the Company is still in the process of finalizing the valuation and the allocation of the purchase price. The Contribution Agreement provided that upon the closing of the transactions in the Contribution Agreement, the Company would enter into employment agreements with (i) Bradley Albert as President and Chief Creative Officer of the Company, (ii) Justin Morris as Chief Operating Officer of the Company and (iii) Alexander Bafer as Chief Development Officer of the Company. Upon the closing of the transactions, the Company entered into employment agreements with each of Mr. Albert, Mr. Morris and Mr. Bafer which commenced simultaneously with the closing of the transactions under the Contribution Agreement, on July 25, 2016. The Company entered into a Chairman Agreement with Alexander Bafer (the “Chairman Agreement”) on July 25, 2016, pursuant to which Mr. Bafer was named to the Board and also named Chairman of the Board. Pursuant to the Chairman Agreement, on the effective date thereof the Company issued to Mr. Bafer 510,000 shares of Series A Stock of the Company, which shares were immediately vested. On July 25, 2016, pursuant to the Contribution Agreement, the Company issued 1,990,000 shares of Series A Stock and 25,256,250 shares of Series C Stock to the Recall Shareholders in exchange for the contribution to the Company by the Recall Shareholders (collectively) of 25,256,250 shares of common stock of Recall, and 748,334 shares of Class A Preferred Stock of Recall, collectively constituting 100% of the issued and outstanding capital stock of Recall. Pursuant to the Redemption Agreement pursuant to which South Centre returned 2,500,000 shares of the Series A Stock to the Company, on July 25, 2016, the Company issued to South Centre 12,750,000 shares of Series C Stock in exchange for payment to the Company of $1,275. At the option of the holder thereof, each share of Series C Stock is convertible into two shares of common stock of the Company (the “Common Stock”) provided that this option is not exercisable until there are sufficient shares of Common Stock authorized for the conversion of all of the Series C Stock. There is no adjustment to the conversion ratio in the event of a reverse stock split of the common stock or for any other reason. In addition to the above, on the closing of the transaction with Recall, the Company issued 1,000,000 shares of Series C Stock to Harrison Smith (a former shareholder of Recall) and 993,750 shares of Series C Stock to Frank Esposito (an advisor to the Company) in consideration of services rendered to the Company in connection with the Contribution Agreement and the transactions therein. The issuances of the Series A Stock and the Series C Stock to the Recall Shareholders were completed pursuant to exemptions from registrations provided in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and Rule 506 of Regulation D under the Securities Act. In addition, as discussed above, pursuant to the Employment Agreement with Mr. Bafer, on the commencement of his employment term, the Company issued to Mr. Bafer 510,000 shares of Series A Stock of the Company, which shares were immediately vested. On July 21, 2016, the Company amended its Articles of Incorporation to designate a new series of preferred stock, the Series C Preferred Stock (the “Series C Stock”) to be utilized in the transactions described above. 40,000,000 shares were designated as Series C Stock. In July 2016, the Company raised approximately $416,000 through the issuance of 487,000 shares of Recall’s common stock. The Company and the purchasers of these common stock are currently in negotiations to convert the 487,000 shares of Recall common stock to the Company’s Series C Preferred Stock. Subsequent to June 30, 2016, the Company issued 13,124,833 share of common stock upon conversion of convertible notes and accrued interest in the aggregate of $16,000.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Use of Estimates	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Those estimates and assumptions include depreciable lives of property and equipment, analysis of impairments of recorded goodwill, accruals for potential liabilities, assumptions made in valuing derivative liabilities and assumptions made in valuing stock instruments issued for services.
Principles of Consolidation	Principles of Consolidation The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest York Productions, LLC The State of Florida October 22, 2008 (June 1, 2010) 60% York Productions II, LLC The State of Florida June 13, 2013 60% S&G Holdings, Inc. The State of Tennessee January 4, 2005 (December 24, 2013) 75% The accompanying financial statements are consolidated and include the accounts of the Company and its majority owned subsidiaries. The consolidated accounts include 100% of the assets and liabilities of our majority owned subsidiaries, and the ownership interests of minority investors are recorded as a minority interest. All inter-company balances and transactions have been eliminated.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in generally accepted accounting principles (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash, other assets, accounts payable and accrued payroll, approximate their fair values because of the short maturity of these instruments. The carrying values of notes payable and convertible notes approximate their fair values due to the fact that the interest rates on these obligations are based on prevailing market interest rates. The carrying amount of the Company’s derivative liability of $8,619,000 and $4,673,000 as of June 30, 2016 and December 31, 2015 was based on Level 2 measurements.
Concentrations	Concentrations During the six months ended June 30, 2016 and 2015, the Company had one customer that accounted for 66% and 57% of sales respectively.
Revenue Recognition	Revenue Recognition The Company specializes in the development and presentation of quality television programming including series, specials, pilots, live events and award shows. The Company recognizes revenue from its live events and award show productions when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the show or live event has been completed and occurred and there are no future production obligations, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Revenues from the sale of programming for television and other media will be recognized when the following criteria are met: (i) persuasive evidence of an arrangement exists; (ii) the show/episode is complete, and in accordance with the terms of the arrangement, has been delivered or is available for immediate and unconditional delivery; (iii) the price to the customer is fixed and determinable; and (iv) collectability is reasonably assured.
Stock-based Compensation	Stock-Based Compensation The Company periodically issues stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by FASB where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. The Company accounts for stock option and warrant grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock compensation is based upon the measurement date as determined at either a) the date at which a performance commitment is reached, or b) at the date at which the necessary performance to earn the equity instruments is complete. Options and warrants granted to non-employees are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options and warrants vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting. In certain circumstances where there are no future performance requirements by the non-employee, option and warrant grants are immediately vested and the total stock-based compensation charge is recorded in the period of the measurement date. The fair value of the Company’s stock option and warrant grants are estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or warrants, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model, and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods.
Deposit for Film Project to Related Party	Deposit for Film Project to Related Party Deposit for film project include capitalizable production costs, production overhead, interest, development costs and acquired production costs and are stated at the lower of cost, less accumulated amortization, or fair value. The amount by which the unamortized costs of film and television productions exceed their estimated fair values is written off. Film development costs for projects that have been abandoned or have not been set for production within three years are generally written off.
Loss Per Share	Loss Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution, using the treasury stock method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted loss per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At June 30, 2016 and December 31, 2015 there were 2,952,600 warrants outstanding, which were excluded from the loss per share calculation as they were anti-dilutive.
Derivative Financial Instruments	Derivative Financial Instruments The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The Company uses a probability weighted average Black-Scholes-Merton models to value the derivative instruments at inception and on subsequent valuation dates through the June 30, 2016, reporting date. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of ASU 2016-02 on the Company’s financial statements and disclosures. In March 2016, the FASB issued the ASU 2016-09, Compensation - Stock Compensation (Topic 718) Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statement presentation or disclosures.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Schedule of Consolidated Subsidiaries and Entities	The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest York Productions, LLC The State of Florida October 22, 2008 (June 1, 2010) 60% York Productions II, LLC The State of Florida June 13, 2013 60% S&G Holdings, Inc. The State of Tennessee January 4, 2005 (December 24, 2013) 75%

Convertible Notes Payable in 20

Convertible Notes Payable in Default (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Convertible Notes Payable	Convertible notes payable consist of the following as of June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (a) St. George $ - $ 56,000 (b) Vis Vires - 78,000 (c) Auctus Find 54,000 86,000 (d) Vis Vires - 41,000 Total Notes 54,000 261,000 Less Valuation Discount - (79,000 ) Net Balance $ 54,000 $ 182,000 (a) On May 6, 2015, the Company issued an unsecured convertible promissory note in the principal amount of $91,000 to St. George Investments, LLC (the “Lender”). The note bore interest at 22% per annum, as amended and matured in April 2016. Under the terms of the note, there was an original issue discount (“OID”) of $8,000 withheld at funding and the Company agreed to pay $3,000 to the Lender to cover the Lender’s legal fees and other transaction related costs. The Company recognized the OID as a note discount and the $3,000 fee as debt issuance costs. Both the note discount and issuance costs recognized in the transaction were accreted to interest expense over the life of the note. In addition, the Company paid an $8,000 finders’ fee in the transaction which has been recorded in debt issuance costs and is being accreted to interest expense of the life of the note. The note was convertible by the Lender into common stock of the Company at the lesser of $0.45 per share or, in the event the Company’s market capitalization falls below $15.0 million, at a defined Lender conversion price. As of December 31, 2015, outstanding balance of the note amounted to $56,000 and accrued interest of $3,000. During the six months ended June 30, 2016, the Company accrued interest of $3,000 and paid off the note in its entirety with a total of interest and principal balance of $62,000. (b) On May 12, 2015, the Company issued a convertible promissory note in the principal amount of $104,000 to the Vis Vires Group, Inc. (“VVG”). The note bore interest at 22% per annum, as amended, and matured in February 2016. VVG deducted $2,000 from the proceeds to cover their legal and other transaction related costs which was recorded as debt issuance costs and is being accreted to interest expense over the life of the note. The note carried a variable conversion price defined as 61% of the market price (representing a 39% discount), with market price being defined as the average of the lowest three trading days for the Company’s common stock during the 10 day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $78,000 and accrued interest of $9,000. During the the six months ended June 30, 2016, the Company accrued interest of $3,000, paid off the note and accrued interest in the aggregate of $79,000 and converted the remaining principal balance of $11,000 to 5,978,947 shares of common stock. (c) On June 22, 2015, the company issued a convertible promissory note in the amount of $88,000 to the Auctus Fund, LLC (“Auctus”). The note bears interest at 24% per annum, as amended, and matured in March 2016. Auctus deducted $8,000 from the proceeds to cover their legal and other transaction related costs which were recorded as debt issuance costs and is being accreted to interest expense over the life of the note. In addition, the Company paid an $8,000 finders’ fee in this transaction which has been recorded in debt issuance costs and was accreted to interest expense over the life of the note. The note carried a variable conversion price defined as 50% of the market price (representing a 50% discount), with market price being defined as the lowest trading price of our common stock during the 25-trading day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $86,000 and accrued interest of $7,000. During the six months ended June 30, 2016, the Company converted principal and accrued interest in the aggregate of $37,000 to 147,627,745 shares of common stock. As of June 30, 2016, outstanding note balance amounted to $54,000 and accrued interest of $12,000. As of June 30, 2016, the note was past due and in default. (d) On July 10, 2015, the Company issued a convertible promissory note in the principal amount of $52,500 to the Vis Vires Group, Inc. (“VVG”). The note bore interest at 22% per annum, as amended and matured in April 2016. VVG deducted $1,000 from the proceeds to cover their legal related costs which were charged to interest expense. The note carried a variable conversion price defined as 61% of the market price (representing a 39% discount), with market price being defined as the average of the lowest three trading days for the Company’s common stock during the 10-day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $41,000 and accrued interest of $3,000. During the six months ended June 30, 2016, the Company converted the entire principal and accrued interest amounting to $43,000 to 41,809,474 shares of common stock.

Derivative Liability (Tables)

Derivative Liability (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Weighted-average Black-scholes-Merton Model	The derivative liability were valued at the following dates using a probability based weighted-average Black-Scholes-Merton model with the following average assumptions: December 31, 2015 June 30, 2016 Stock Price $ 0.001 $ 0.001 Risk free interest rate 0.003 % 0.39 % Expected Volatility 404 % 462 % Expected life in years 0.614 0.625 Expected dividend yield 0 % 0 % Fair Value – Warrants $ 3,658,000 $ 7,283,000 Fair Value – Note Conversion Feature $ 1,015,000 $ 1,336,000

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Summary of Stock Warrants	The following table summarizes information concerning outstanding and exercisable warrants as of June 30, 2016: Warrants Weighted Average Price January 1, 2016 $ 2,952,600 $ 0.08 Granted - Exercised - - Forfeited - - June 30, 2016 2,952,600 $ 0.08

Organization and Basis of Ope23

Organization and Basis of Operations (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Accounting Policies [Abstract]
Stockholders' deficit	$ (9,214,000)		$ (9,214,000)		$ (5,372,000)
Net loss	(1,823,000)	$ (231,000)	(4,381,000)	$ (962,000)
Net cash used in operating activities			(204,000)	$ (581,000)
Convertible notes payable-related party	434,000		434,000
Convertible note	54,000		54,000
Number of shares issued value			$ 416,000
Number of shares issued			487,000
Cash	$ 120,000		$ 120,000

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Ownership interest percentage	100.00%
Derivative liability	$ 8,619,000		$ 4,673,000
Warrant outstanding shares	2,952,600		2,952,600
One Customer [Member]
Concentrations risk percentage	66.00%	57.00%

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Schedule of Consolidated Subsidiaries and Entities (Details)	6 Months Ended
	Jun. 30, 2016
York Productions, LLC [Member]
Name of consolidated subsidiary or entity	York Productions, LLC
State or other jurisdiction of incorporation or organization	The State of Florida
Date of incorporation or formation	Oct. 22, 2008
Date of reporting period ending date	Jun. 1, 2010
Attributable interest	60.00%
York Productions II, LLC [Member]
Name of consolidated subsidiary or entity	York Productions II, LLC
State or other jurisdiction of incorporation or organization	The State of Florida
Date of incorporation or formation	Jun. 13, 2013
Attributable interest	60.00%
S&G Holdings, Inc [Member]
Name of consolidated subsidiary or entity	S&G Holdings, Inc.
State or other jurisdiction of incorporation or organization	The State of Tennessee
Date of incorporation or formation	Jan. 4, 2005
Date of reporting period ending date	Dec. 24, 2013
Attributable interest	75.00%

Deposit for Film Project Paid26

Deposit for Film Project Paid to Related Party (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended	12 Months Ended
	Apr. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Impairment expense
Mr. Mario Kassar [Member]
Payments for deposits	$ 250,000
Purchase price percentage	5.00%
Mr. Mario Kassar [Member] | Maximum [Member]
Producing fee percentage	10.00%

Note Payable (Details Narrative

Note Payable (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Promissory note principal amount	$ 75,000	$ 543,000
Interest rate percentage	5.00%
Debt maturity date description	mature in April 2017
Notes payable	$ 75,000	44,000
Accrued and interest paid	1,000
Advances from related parties	$ 31,000	$ 31,000

Convertible Notes Payable in 28

Convertible Notes Payable in Default (Details Narrative) - USD ($)	Jul. 10, 2015	Jun. 22, 2015	May 12, 2015	May 06, 2015	Jun. 30, 2016	Dec. 31, 2015
Interest rate percentage					5.00%
Debt original issue discount						$ 79,000
Interest expense					$ 111,000	65,000
Convertible promissory note principal amount					$ 75,000	543,000
Aggregate accrued interest						$ 42,000
Common stock price per share					$ 0.001	$ 0.001
Fair value of embedded conversion						$ 532,000
Derivative liability						532,000
Debt discount					$ 55,000	305,000
Financing cost						226,000
Convertible note payable - related party					$ 434,000	543,000
Common Stock [Member]
Debt converted shares of common stock					195,416,166
St. George Investments, LLC [Member]
Unsecured convertible promissory note				$ 91,000
Interest rate percentage				22.00%
Debt maturity date				Apr. 30, 2016
Debt original issue discount				$ 8,000
Payment for legal fees and other transaction related costs				3,000
Debt issuance costs				3,000
Interest expense				$ 8,000
Convertible promissory note principal amount						56,000
Accrued interest					$ 3,000	3,000
Debt interest and principal amount					62,000
Common stock price per share				$ 0.45
Market capitalization				$ 15,000,000
Vis Vires Group, Inc. [Member]
Interest rate percentage	22.00%		22.00%
Debt maturity date	Apr. 30, 2016		Feb. 29, 2016
Payment for legal fees and other transaction related costs	$ 1,000		$ 2,000
Convertible promissory note principal amount	$ 52,500		$ 104,000			78,000
Accrued interest					3,000	9,000
Aggregate accrued interest					79,000
Debt remaining balance					$ 11,000
Debt converted shares of common stock					5,978,947
Conversion price of market price	61.00%		61.00%
Conversion price of discount	39.00%		39.00%
Vis Vires Group, Inc. [Member] | Common Stock [Member]
Convertible promissory note principal amount						41,000
Accrued interest					$ 43,000	3,000
Debt converted shares of common stock					41,809,474
Auctus Fund, LLC [Member]
Interest rate percentage		24.00%
Debt maturity date		Mar. 31, 2016
Payment for legal fees and other transaction related costs		$ 8,000
Convertible promissory note principal amount		88,000			$ 54,000	86,000
Accrued interest					12,000	$ 7,000
Aggregate accrued interest					$ 37,000
Debt converted shares of common stock					147,627,745
Debt issuance costs		$ 8,000
Conversion price of market price		50.00%
Conversion price of discount		50.00%

Convertible Notes Payable in 29

Convertible Notes Payable in Default - Schedule of Convertible Notes Payable (Details) - USD ($)		Jun. 30, 2016	Dec. 31, 2015
Total Notes		$ 54,000	$ 182,000
Less Valuation Discount			79,000
Convertible Notes Payable [Member]
Total Notes		54,000	261,000
Less Valuation Discount			(79,000)
Net Balance		54,000	182,000
St. George [Member]
Total Notes	[1]		56,000
Vis Vires [Member]
Total Notes	[2]		78,000
Auctus Find [Member]
Total Notes	[3]	54,000	86,000
Vis Vires [Member]
Total Notes	[4]		$ 41,000
[1]	On May 6, 2015, the Company issued an unsecured convertible promissory note in the principal amount of $91,000 to St. George Investments, LLC (the “Lender”). The note bore interest at 22% per annum, as amended and matured in April 2016. Under the terms of the note, there was an original issue discount (“OID”) of $8,000 withheld at funding and the Company agreed to pay $3,000 to the Lender to cover the Lender’s legal fees and other transaction related costs. The Company recognized the OID as a note discount and the $3,000 fee as debt issuance costs. Both the note discount and issuance costs recognized in the transaction were accreted to interest expense over the life of the note. In addition, the Company paid an $8,000 finders’ fee in the transaction which has been recorded in debt issuance costs and is being accreted to interest expense of the life of the note. The note was convertible by the Lender into common stock of the Company at the lesser of $0.45 per share or, in the event the Company’s market capitalization falls below $15.0 million, at a defined Lender conversion price. As of December 31, 2015, outstanding balance of the note amounted to $56,000 and accrued interest of $3,000.During the six months ended June 30, 2016, the Company accrued interest of $3,000 and paid off the note entirely with a total of interest and principal balance of $62,000.
[2]	On May 12, 2015, the Company issued a convertible promissory note in the principal amount of $104,000 to the Vis Vires Group, Inc. (“VVG”). The note bore interest at 22% per annum, as amended, and matured in February 2016. VVG deducted $2,000 from the proceeds to cover their legal and other transaction related costs which was recorded as debt issuance costs and is being accreted to interest expense over the life of the note. The note carried a variable conversion price defined as 61% of the market price (representing a 39% discount), with market price being defined as the average of the lowest three trading days for the Company’s common stock during the 10 day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $78,000 and accrued interest of $9,000.During the the six months ended June 30, 2016, the Company accrued interest of $3,000, paid off the note and accrued interest in the aggregate of $79,000 and converted the remaining principal balance of $11,000 to 5,978,947 shares of common stock.
[3]	On June 22, 2015, the company issued a convertible promissory note in the amount of $88,000 to the Auctus Fund, LLC (“Auctus”). The note bears interest at 24% per annum, as amended, and matured in March 2016. Auctus deducted $8,000 from the proceeds to cover their legal and other transaction related costs which were recorded as debt issuance costs and is being accreted to interest expense over the life of the note. In addition, the Company paid an $8,000 finders’ fee in this transaction which has been recorded in debt issuance costs and was accreted to interest expense over the life of the note. The note carried a variable conversion price defined as 50% of the market price (representing a 50% discount), with market price being defined as the lowest trading price of our common stock during the 25-trading day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $86,000 and accrued interest of $7,000.During the six months ended June 30, 2016, the Company converted principal and accrued interest in the aggregate of $37,000 to 147,627,745 shares of common stock. As of June 30, 2016, outstanding note balance amounted to $54,000 and accrued interest of $12,000. As of June 30, 2016, the note was past due and in default.
[4]	On July 10, 2015, the Company issued a convertible promissory note in the principal amount of $52,500 to the Vis Vires Group, Inc. (“VVG”). The note bore interest at 22% per annum, as amended and matured in April 2016. VVG deducted $1,000 from the proceeds to cover their legal related costs which were charged to interest expense. The note carried a variable conversion price defined as 61% of the market price (representing a 39% discount), with market price being defined as the average of the lowest three trading days for the Company’s common stock during the 10-day period prior to the conversion date. As of December 31, 2015, outstanding balance of the note amounted to $41,000 and accrued interest of $3,000.During the six months ended June 30, 2016, the Company converted the entire principal and accrued interest amounting to $42,000 to 41,809,474 shares of common stock.

Convertible Notes Payable to 30

Convertible Notes Payable to Related Party (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	Jul. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Convertible promissory note principal amount		$ 75,000		$ 543,000
Accrued interest related party		$ 57,000	$ 11,000
Annual interest rate		5.00%
Fair value of embedded debt extinguishment cost		$ 1,500,000
Loss on extinguishment of debt		$ 1,500,000
Accrued interest				$ 42,000
Minimum [Member]
Annual interest rate		5.00%
Maximum [Member]
Annual interest rate		22.00%
Alex Bafer [Member]
Proceeds from Convertible Debt	$ 555,000
Convertible promissory note principal amount	543,000	$ 9,000
Converted shares of common stock		35,000,000
Additional principal amount		$ 100,000
Accrued interest related party	$ 13,000
Debt maturity date	Oct. 1, 2015
Annual interest rate	5.00%
Conversion price percentage	50.00%
Outstanding note balance amount		434,000
Accrued interest		$ 99,000
Alex Bafer [Member] | August 1, 2017 [Member]
Debt maturity date		Aug. 1, 2017

Derivative Liability (Details N

Derivative Liability (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Gain on extinguishment of debt	$ 84,000		$ 257,000
Change in fair value of derivative liability	(1,751,000)	$ 12,000	(4,203,000)	$ 12,000
Fair value of derivative liability	$ 8,619,000		$ 8,619,000		$ 4,673,000
Four And Five Convertible Notes Payable [Member] | Related Party [Member]
Warrats to purchase common stock	561,250		561,250

Derivative Liability - Schedule

Derivative Liability - Schedule of Weighted-average Black-scholes-Merton Model (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Stock Price	$ 0.001	$ 0.001
Risk free interest rate	0.39%	0.003%
Expected Volatility	462.00%	404.00%
Expected life in years	7 months 15 days	7 months 11 days
Expected dividend yield	0.00%	0.00%
Warrant [Member]
Fair Value	$ 7,283,000	$ 3,658,000
Note Conversion Feature [Member]
Fair Value	$ 1,336,000	$ 1,015,000

Stockholders' Deficit (Details

Stockholders' Deficit (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jan. 31, 2016	Dec. 31, 2015
Common stock share authorized	5,000,000,000			5,000,000,000
Settlement for advance to related party	$ 354,000	$ (79,000)
Accrued payroll	86,000
Preferred Stock issued upon settlement of related party advances and accrued payroll	439,000
Common shares issued for conversion of notes	230,416,166
Accrued interest to related party	99,000			$ 42,000
Mr. Tarek Kirschen [Member]
Settlement for advance to related party	354,000
Accrued payroll	85,000
Preferred Stock issued upon settlement of related party advances and accrued payroll	$ 439,000
Preferred stock voting description	The Preferred A shares is entitled to 100 votes per 1 share with no dividend rights and is not convertible to common shares. The Preferred B shares is convertible to 2 common shares per 1 preferred share and is entitled to 1 vote per 1 share with no dividend rights.
Mr. David Cohen [Member]
Preferred series A issuance due to settle advances, shares	5,000,000
Preferred series A issuance due to settle advances	$ 150,000
Series A Preferred Stock [Member]
Preferred stock, shares authorized	50,000,000			50,000,000
Preferred stock, shares issued	5,000,000			0
Series A Preferred Stock [Member] | Mr. Tarek Kirschen [Member]
Preferred stock, shares issued	5,000,000
Series B Preferred Stock [Member]
Preferred stock, shares authorized	1,000,000			1,000,000
Preferred stock, shares issued	1,000,000			0
Series B Preferred Stock [Member] | Mr. Tarek Kirschen [Member]
Preferred stock, shares issued	1,000,000
Minimum [Member]
Common stock share authorized			100,000,000
Preferred stock, shares authorized			10,000,000
Maximum [Member]
Common stock share authorized			5,000,000,000
Preferred stock, shares authorized			50,000,000

Stockholders' Deficit - Summary

Stockholders' Deficit - Summary of Stock Warrants (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Equity [Abstract]
Warrant beginning balance | shares	2,952,600
Warrant Granted | shares
Warrant Exercised | shares
Warrant Forfeited | shares
Warrant ending balance | shares	2,952,600
Weighted Average Price beginning balance | $ / shares	$ 0.08
Weighted Average Price Granted | $ / shares
Weighted Average Price Exercised | $ / shares
Weighted Average Price Forfeited | $ / shares
Weighted Average Price ending balnace | $ / shares	$ 0.08

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Advances from related party	$ 31,000		$ 31,000
Advances from (repayments to) related parties	354,000	$ (79,000)
Accrued payroll	125,000		125,000
Mr. Tarek Kirschen [Member]
Advances from (repayments to) related parties	354,000
Accrued payroll	85,000
Chief Executive Officer [Member]
Accrued payroll	$ 125,000		$ 125,000
Series A Preferred Stock [Member] | Mr. Tarek Kirschen [Member]
Advances from related party for exchange of shares	5,000,000
Accrued payroll for exchange of shares	5,000,000
Series B Preferred Stock [Member] | Mr. Tarek Kirschen [Member]
Advances from related party for exchange of shares	1,000,000
Accrued payroll for exchange of shares	1,000,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Jul. 31, 2016	Jul. 25, 2016	Jul. 21, 2016	Jul. 21, 2016	Jun. 30, 2016	Jul. 20, 2016	Dec. 31, 2015
Aggregate number of shares					487,000
Exchange series stock value					$ 416,000
Number of common stock shares issued upon conversion of convertible notes and accrued interest, value					$ 9,000
Series A Preferred Stock [Member]
Preferred Stock authorized					50,000,000		50,000,000
Subsequent Event [Member]
Aggregate number of shares	487,000
Exchange series stock value	$ 416,000
Number of common stock shares issued upon conversion of convertible notes and accrued interest					13,124,833
Number of common stock shares issued upon conversion of convertible notes and accrued interest, value					$ 16,000
Subsequent Event [Member] | Series C Preferred Stock [Member]
Aggregate number of shares	487,000
Preferred Stock authorized			40,000,000	40,000,000
Subsequent Event [Member] | Redemption Agreement [Member]
Redeemed shares				2,500,000
Preferred stock redemption, value			$ 250	$ 250
Preferred Stock, Redemption Price Per Share			$ 0.0001	$ 0.0001
Subsequent Event [Member] | Redemption Agreement [Member] | Series C Preferred Stock [Member]
Aggregate number of shares			12,750,000
Exchange series stock value			$ 1,275
Subsequent Event [Member] | Contribution Agreement [Member] | Series C Preferred Stock [Member]
Number of acquired issued and outstanding shares of recall in exchange		25,256,250
Subsequent Event [Member] | Contribution Agreement [Member] | Series A Preferred Stock [Member]
Number of acquired issued and outstanding shares of recall in exchange		2,500,000
Subsequent Event [Member] | Contribution Agreement [Member] | Series A Preferred Stock [Member]
Number of acquired issued and outstanding shares of recall in exchange		1,990,000
Subsequent Event [Member] | Contribution Agreement [Member] | Preferred Class A [Member]
Number of acquired issued and outstanding shares of recall in exchange		748,334
Capital stock issued and outstanding, percent		100.00%
Subsequent Event [Member] | Alexander Bafer [Member]
Outstanding loan amount						$ 469,000
Subsequent Event [Member] | Alexander Bafer [Member] | Chairman Agreement [Member]
Number of shares vested		510,000
Subsequent Event [Member] | Harrison Smith [Member] | Series C Preferred Stock [Member]
Number of acquired issued and outstanding shares of recall in exchange		1,000,000
Subsequent Event [Member] | Frank Esposito [Member] | Series C Preferred Stock [Member]
Number of acquired issued and outstanding shares of recall in exchange		993,750