fuboTV (FUBO) 10-Q 21 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 21, 2018
Document And Entity Information
Entity Registrant Name	Recall Studios, Inc.
Entity Central Index Key	1,484,769
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		83,274,896
Trading Symbol	BTOP
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash	$ 419,000	$ 77,000
Prepaid expenses	9,000
Total current assets	428,000	77,000
Capitalized software costs	6,000	6,000
Deposits	3,000	3,000
Total Assets	437,000	86,000
Current liabilities
Accounts payable and accrued expenses	72,000	112,000
Accrued interest related parties	147,000	141,000
Accrued payroll - officers	291,000	343,000
Advances from related parties	31,000	31,000
Deposit on future sale of equity	55,000	55,000
Convertible notes payable, net of discount	131,000	152,000
Convertible notes payable - related party	484,000	484,000
Derivative liability	1,980,000	1,867,000
Total current liabilities	3,191,000	3,185,000
Commitments and Contingencies
Stockholders' Deficit:
Common stock, par value $0.0001, 300,000,000 shares authorized 83,274,896 and 79,797,533 shares issued and outstanding as of March 31, 2018 and December 31, 2017	8,000	8,000
Shares To Be Issued	80,000
Additional paid in capital	9,005,000	8,045,000
Accumulated deficit	(11,848,000)	(11,153,000)
Total Stockholders' Deficit	(2,754,000)	(3,099,000)
Total Liabilities and Stockholders' Deficit	437,000	86,000
Series A Preferred Stock [Member]
Stockholders' Deficit:
Preferred stock value	1,000	1,000
Series B Preferred Stock [Member]
Stockholders' Deficit:
Preferred stock value
Series C Preferred Stock [Member]
Stockholders' Deficit:
Preferred stock value

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2018	Dec. 31, 2017
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	83,274,896	79,797,533
Common stock, shares outstanding	83,274,896	79,797,533
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	5,000,000	5,000,000
Preferred stock, shares outstanding	5,000,000	5,000,000
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	1,000,000
Preferred stock, shares outstanding	1,000,000	1,000,000
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	41,000,000	41,000,000
Preferred stock, shares issued	1,424,491	1,424,491
Preferred stock, shares outstanding	1,424,491	1,424,491

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Revenue		$ 5,000
Cost of goods sold
Gross Profit		5,000
Operating Expenses:
Compensation	137,000	52,000
General and administrative	703,000	90,000
Total operating expenses	840,000	142,000
Loss from operations	(840,000)	(137,000)
Other Income (Expense)
Interest expense	(122,000)	(7,000)
Amortization of debt discount	(364,000)
Financing costs	(2,137,000)
Change in fair value of derivative liability	2,768,000	6,807,000
Total Other (Income) Expense	145,000	6,800,000
Income (Loss) From Continuing Operations	(695,000)	6,663,000
Income (Loss) From Discontinued Operations:
Loss from operations of discontinued business component		(33,000)
Gain from sale of discontinued business component
Total Income (Loss) From Discontinued Operations		(33,000)
Net Income (Loss) Before Income Taxes	(695,000)	6,630,000
Income Tax Expense
Net Income (Loss)	$ (695,000)	$ 6,630,000
Net income (loss) from continuing operations per common share
-Basic	$ (0.01)	$ 196.32
-Diluted	(0.01)	0.08
Net income (loss) from discontinued operations per common share
-Basic		(0.97)
-Diluted		0
Net income (loss)
-Basic	(0.01)	195.34
-Diluted	$ (0.01)	$ 0.08
Weighted average common shares outstanding
-Basic	80,954,661	33,940
-Diluted	91,912,099	87,399,072

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Stockholders' Deficit (Unaudited) - 3 months ended Mar. 31, 2018 - USD ($)	Common Shares [Member]	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Series C Preferred Stock [Member]	Shares To Be Issued [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2017	$ 8,000	$ 1,000				$ 8,045,000	$ (11,153,000)	$ (3,099,000)
Balance, shares at Dec. 31, 2017	79,797,533	5,000,000	1,000,000	1,424,491
Issuance of common stock for cash					80,000	469,000		549,000
Issuance of common stock for cash, shares	2,736,000
Issuance of common stock for services						410,000		410,000
Issuance of common stock for services, shares	475,000
Issuance of common stock for commitment fee						118,000		118,000
Issuance of common stock for commitment fee, shares	200,000
Conversion of Notes Payable into common shares						18,000		18,000
Conversion of Notes Payable into common shares, shares	130,000
Conversion of warrants into common stock
Conversion of warrants into common stock, shares	44,206
Cancellation of common stock for commitment fee refund						(55,000)		(55,000)
Cancellation of common stock for commitment fee refund, shares	(107,843)
Net loss							(695,000)	(695,000)
Balance at Mar. 31, 2018	$ 8,000	$ 1,000			$ 80,000	$ 9,005,000	$ (11,848,000)	$ (2,754,000)
Balance, shares at Mar. 31, 2018	83,274,896	5,000,000	1,000,000	1,424,491

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (695,000)	$ 6,630,000
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization of original issue discount	6,000
Financing cost	2,137,000
Common stock issued for services	410,000
Common stock issued for conversion of note payable
Change in fair value of derivative liability	(2,768,000)	(6,807,000)
Amortization of debt discount and debt issuance cost	364,000
Changes in operating liabilities
Accounts receivable		10,000
Prepaid expenses and other current assets	(9,000)	(12,000)
Accounts payable	(40,000)	19,000
Accrued interest	6,000	6,000
Accrued payroll	(52,000)	95,000
Deferred revenues		(24,000)
Net Cash Used in Operating Activities	(641,000)	(83,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of convertible note payable	807,000
Repayments of convertible notes payable	(373,000)
Proceeds from sale of common stock	549,000
Net Cash Provided by Financing Activities	983,000
Net Increase in Cash	342,000	(83,000)
Cash at Beginning of Period	77,000	101,000
Cash at End of Period	419,000	18,000
Cash paid during the year for:
Interest
Income taxes paid
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of common stock upon conversion of notes payable	18,000
Issuance of Series A and B Preferred Stock upon settlement of related party advances and accrued payroll
Issuance of Series A and B Preferred Stock upon acquisition of Recall Studios, Inc.
Extinguishment of derivative liability upon warrant expiration		$ 2,575,000

Organization and Basis of Opera

Organization and Basis of Operations	3 Months Ended
	Mar. 31, 2018
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.” On October 17, 2017, the Company filed an articles of amendment to its articles of incorporation to change its corporate name from Carolco Pictures, Inc. to Recall Studio, Inc., pending approval from the Financial Industry Regulatory Authority. Effective November 29, 2017, following receipt of FINRA’s approval, the Company’s corporate name was changed to Recall Studio, Inc. and its stock symbol was changed to “BTOP.” In addition, effective immediately, the Company began to do business as Brick Top Productions. Going Concern The Company’s condensed consolidated financial statements have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the condensed consolidated financial statements, the Company had a stockholders’ deficit of $2,754,000 at March 31, 2018 and incurred a net loss for the three months ended March 31, 2018 of $695,000 and utilized net cash used in operating activities of $641,000. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date that the financial statements are issued. In addition, the Company’s independent public accounting firm in its audit report to the financial statements included in the 2017 Annual Report expressed substantial doubt about the Company’s ability to continue as a going concern. The condensed 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. Management estimates that the current funds on hand and raising capital through proceeds from the sale of common stock subscriptions will be sufficient to continue operations through 2018. 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.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 - Summary of Significant Accounting Policies Reverse Stock Split In January 2017, the Company effected a 1-for-10,000 reverse stock split of the Company’s common stock. All shares and per-share amounts have been retroactively restated as of the earliest periods presented to reflect the stock split. 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 % Recall Studios, Inc. The State of Nevada March 30, 2016 (July 27, 2016) 100 % 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. Fair Value of Financial Instruments The Company follows the Financial Accounting Standards Board (FASB) Accounting Standards Codification for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of the fair value hierarchy are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally unobservable 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 $1,980,000 was based on Level 3 measurements. Non-Controlling Interest Non-controlling interest represents the non-controlling interest holders’ proportionate share of the equity of the Company’s majority-owned subsidiaries. Non-controlling interest is adjusted for the non-controlling interest holders’ proportionate share of the earnings or losses and other comprehensive income (loss) and the non-controlling interest continues to be attributed its share of losses even if that attribution results in a deficit non-controlling interest balance. All Non-controlling interest was eliminated as part of the sale of S&G Holdings, Inc., a Tennessee corporation doing business as High Five Entertainment in 2017. Revenue Recognition The Company’s Recall Studios subsidiary produces software applications for third-parties on a consulting basis. Revenues from these services are 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. Income (Loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted income (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 income (loss) of the Company. In computing diluted income (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. For the three months ended March 31, 2018, warrants exercisable into 40,489 shares of common stock have been excluded because their impact on the income per share is anti-dilutive. For the three months ended March 31, 2018, the calculation of diluted earnings per share included convertible Series B Preferred stock that can convert into 2,000,000 shares of common stock, convertible Series C Preferred stock that can convert into 2,848,982 shares of common stock, and notes that can convert into 6,108,456 shares of common stock. For the three months ended March 31, 2017, the calculation of diluted earnings per share included convertible Series A Preferred stock that can convert into 2,000,000 shares of common stock, convertible Series B Preferred stock that can convert into 81,023,982 shares of common stock, and notes that can convert into 4,341,150 shares of common stock. The following table sets forth the computation of basic and diluted earnings per share: For the three months ended March 31, 2018 2017 Earnings per share – Basic Income (Loss) for the period $ (695,000 ) $ 6,630,000 Basic average common stock outstanding 80,954,661 33,940 Net earnings per share $ (0.01 ) $ 195.34 For the three months ended March 31, 2018 2017 Earnings per share - Diluted Income (Loss) for the period $ (695,000 ) $ 6,630,000 Basic average common stock outstanding 80,954,661 33,940 Diluted effect from preferred stock and convertible notes 10,957,438 87,365,132 Diluted average common stock outstanding 91,912,099 87,399,072 Net earnings per share $ (0.01 ) $ 0.08 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. For stock-based derivative financial instruments, 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 March 31, 2018 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 The Company has adopted ASU 2014-09 in the first quarter of 2018. The adoption of ASU 2014-09 is not expected to have a material impact on the Company’s financial statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02 , Leases July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. ASU 2017-11 allows companies to exclude a down round feature when determining whether a financial instrument (or embedded conversion feature) is considered indexed to the entity’s own stock. As a result, financial instruments (or embedded conversion features) with down round features may no longer be required to be accounted for as derivative liabilities. A company will recognize the value of a down round feature only when it is triggered and the strike price has been adjusted downward. For equity-classified freestanding financial instruments, an entity will treat the value of the effect of the down round as a dividend and a reduction of income available to common shareholders in computing basic earnings per share. For convertible instruments with embedded conversion features containing down round provisions, entities will recognize the value of the down round as a beneficial conversion discount to be amortized to earnings. The guidance in ASU 2017-11 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted, and the guidance is to be applied using a full or modified retrospective approach. The Company has early adopted ASU 2017-11 in the third quarter of 2017. The adoption of ASU 2017-11 is not expected to have a material impact on the Company’s financial statements and related disclosures. 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.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Convertible Notes Payable	Note 3 – Convertible Notes Payable On August 29, 2017, the Company issued a convertible promissory note to Crown Bridge Partners in the amount of $35,000. The note is due on August 29, 2018 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 55% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $35,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $32,000 that was expensed as a financing cost. On February 15, 2018 Crown Bridge converted $17,401 of the note payable into 130,000 shares of common stock. On February 22, 2018 the remaining note and all accrued interest was paid off and the remaining portion of the note discount was amortized. On September 5, 2017, the Company issued a convertible promissory note to LG Capital Funding in the amount of $52,500. The note is due on September 5, 2018 and bears interest at 6% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 58% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $52,500 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $37,000 that was expensed as a financing cost. On March 2, 2018 the note plus accrued interest was paid as well as a prepayment penalty in the amount of $20,000 which was recognized as interest expense, and the remaining portion of the note discount was amortized. On September 12, 2017, the Company issued a convertible promissory note to EMA Financial in the amount of $100,000. The note is due on September 5, 2018 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty-five (25) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $100,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $99,000 that was expensed as a financing cost. On March 1, 2018 the note plus accrued interest was paid as well as a prepayment penalty in the amount of $38,000 which was recognized as interest expense, and the remaining portion of the note discount was amortized. On September 22, 2017, the Company issued a convertible promissory note to Essex Global Investment in the amount of $43,000. The note is due on September 22, 2018 and bears interest at 10% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 58% multiplied by the lowest trading price during the previous twenty-five (25) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $43,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $32,000 that was expensed as a financing cost. On March 12, 2018 the note plus accrued interest was paid as well as a prepayment penalty in the amount of $14,000 which was recognized as interest expense, and the remaining portion of the note discount was amortized. On September 29, 2017, the Company issued a convertible promissory note to Labrys Fund in the amount of $110,000. The note is due on March 29, 2018 and bears interest at 12% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty-five (25) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $110,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $232,000 that was expensed as a financing cost. On February 21, 2018 the note and all accrued interest was paid off and the remaining portion of the note discount was amortized. On November 2, 2017, the Company issued a convertible promissory note to Auctus Fund in the amount of $52,750. The note is due on August 2, 2018 and bears interest at 12% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty-five (25) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $52,750 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $50,000 that was expensed as a financing cost. On October 2, 2017, the Company issued a convertible promissory note to Power Up Lending Group in the amount of $50,000. The note is due on July 15, 2018 and bears interest at 8% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 63% multiplied by the average of the three lowest trading price during the previous ten (10) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $50,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $77,000 that was expensed as a financing cost. On March 28, 2018 the note and all accrued interest was paid off and the remaining portion of the note discount was amortized. On January 17, 2018, the Company issued a convertible promissory note to Power Up Lending Group, LLC in the amount of $53,000. The note is due on October 30, 2018 and bears interest at 8% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 63% multiplied by the lowest trading price during the previous ten (10) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $53,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $28,000 that was expensed as a financing cost. On January 26, 2018, the Company issued a convertible promissory note to Adar Bays, LLC in the amount of $44,000. The note is due on January 16, 2018 and bears interest at 6% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 58% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded original issue discount of $4,000 and a note discount of $40,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $502,000 that was expensed as a financing cost. On January 26, 2018, the Company issued a second convertible promissory note to Adar Bays, LLC in the amount of $44,000. The note is due on January 16, 2018 and bears interest at 6% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 58% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded original issue discount of $4,000 and a note discount of $40,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $502,000 that was expensed as a financing cost. In addition to the two notes above, the Company has the ability to receive an additional two more $44,000 promissory back end notes from Adar Bays, LLC, which provides conversion features equal to 58% of the lowest trading price of the Corporation’s Common Stock for the last 20 trading days prior to conversion, as well as 6% per annum interest, and a 10% OID so that the purchase price for each note shall be $40,000, and become due and payable January 26, 2019 and that the aforementioned notes shall be $44,000 promissory notes to Adar Bays, LLC secured by assets with a fair market value of not less than $40,000 each. On February 2, 2018, the Company issued a convertible promissory note to Crown Bridge Partners in the amount of $17,500. The note is due on August 29, 2018 and bears interest at 10% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 55% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded original issuance of $1,750 and a note discount of $15,750 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $69,000 that was expensed as a financing cost. On February 12, 2018, the Company issued a convertible promissory note to Power Up Lending Group, LLC in the amount of $53,000. The note is due on October 30, 2018 and bears interest at 8% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 63% multiplied by the lowest trading price during the previous ten (10) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $53,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $8,000 that was expensed as a financing cost. On February 21, 2018, the Company issued a convertible promissory note to One44 Capital, LLC in the amount of $94,500. The note is due on February 21, 2019 and bears interest at 8% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $94,500 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $93,000 that was expensed as a financing cost. On February 23, 2018, the Company issued a convertible promissory note to Crown Bridge Partners in the amount of $35,000. The note is due on August 29, 2018 and bears interest at 10% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 55% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded original issue discount of $3,500 and a note discount of $31,750 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $33,000 that was expensed as a financing cost. On February 22, 2018, the Company issued a convertible promissory note to Auctus Fund in the amount of $230,000. The note is due on November 22, 2018 and bears interest at 12% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty-five (25) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $230,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $632,000 that was expensed as a financing cost. On February 23, 2018, the Company issued a convertible promissory note to LG Capital Funding in the amount of $110,250. The note is due on February 23, 2019 and bears interest at 8% per annum. The loan and any accrued interest may be converted into shares of the Company’s common stock at a rate of 58% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded original issue discount of $5,250 and a note discount of $105,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $141,000 that was expensed as a financing cost. On March 29, 2018, the Company issued a convertible promissory note to One44 Capital, LLC in the amount of $94,500. The note is due on November 29, 2018 and bears interest at 8% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 50% multiplied by the lowest trading price during the previous twenty (20) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $94,500 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $56,000 that was expensed as a financing cost. On March 23, 2018, the Company issued a convertible promissory note to Power Up Lending Group, LLC in the amount of $50,000. The note is due on December 30, 2018 and bears interest at 8% per annum. The loan and any accrued interest can may converted into shares of the Company’s common stock at a rate of 63% multiplied by the lowest trading price during the previous ten (10) day trading period ending on the latest complete trading day prior to the conversion date. Pursuant to current accounting guidelines, the Company recorded a note discount of $50,000 to account for the note’s derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $8,000 that was expensed as a financing cost. As of March 31, 2018, outstanding balance of the notes payable amounted to $878,500, accrued interest of $10,295 and unamortized note discount of $747,626.

Convertible Notes Payable to Re

Convertible Notes Payable to Related Parties	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Convertible Notes Payable to Related Parties	Note 4– Convertible Notes Payable to Related Parties Chairman and CEO In July 2015, the Company issued convertible promissory notes to Alex Bafer, Chairman and CEO, in exchange for the cancellation of previously issued promissory notes in the aggregate of $530,000 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 closing stock price during the 20 trading days prior to conversion with a 50% discount. 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 notes. In July 2016, the Company and Mr. Bafer agreed to extend the maturity date of these notes to August 1, 2017 and cure the default. There were no other terms changed and no additional compensation paid. As of March 31, 2018 and December 31, 2017, the total outstanding note balance amounted to $434,000 and $434,000, and accrued interest of $145,000 and $140,000, respectively. The notes are currently past due. Shareholder On December 28, 2016, the Company issued an unsecured convertible promissory note in the principal amount of $50,000 to a shareholder. The note bears interest at 3% per annum, is due on March 24, 2017, and is convertible into shares of common stock at a conversion price of $4,000 per share. The note is currently past due. As of March 31, 2018 and December 31, 2017, accrued interest of $2,000 and $1,000 is due, respectively.

Derivative Liability

Derivative Liability	3 Months Ended
	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liability	Note 5- 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 did not have fixed settlement provisions because either their exercise prices will be lowered if the Company issues securities at lower prices in the future or the conversion price is variable. In addition, since the number of shares to be issued is not explicitly limited, the Company is unable to conclude that enough authorized and unissued shares are available to share settle the conversion option. 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 derivative liabilities were valued at the following dates using a Black-Scholes-Merton model with the following average assumptions: March 31, 2018 December 31, 2017 Stock Price $ 0.41 $ .31 Risk free interest rate 1.63-2.03 % 0.84 % Expected Volatility 201 % 476 % Expected life in years 0.42-0.92 0.25-0.79 Expected dividend yield 0 % 0 % Fair Value – Warrants $ 0 $ 0 Fair Value – Note Conversion Feature 1,980,000 1,867,000 Total $ 1,980,000 $ 1,867,000 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 derivative securities was determined by the remaining contractual life of the derivative instrument. For derivative instruments 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 three months ended March 31, 2018, the Company recorded $2,881,000 in derivative liability as a result of conversion features from the issuance of new convertible notes payables (see Note 3). In addition the Company recorded a gain of $2,768,000 to account for the change in fair value of the derivative liabilities related to the conversion features from December 31, 2017 to March 31, 2018. As of March 31, 2018, the derivative liability amounted to $1,980,000.

Stockholders' Deficit

Stockholders' Deficit	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Stockholders' Deficit	Note 6- Stockholders’ Deficit Issuance of Common Stock for Cash During the three months ended March 31, 2018, the Company issued 2,736,000 shares of common stock for proceeds of $549,000. As of March 31, 2018 an additional 160,000 still remain to be issued. Issuance of Common Stock for services During the three months ended March 31, 2018, the Company issued an aggregate of 475,000 shares of common stock valued at $410,000 to two shareholders for services. Issuance of Common Stock for commitment fee During the three months ended March 31, 2018 pursuant securities purchase agreements with Auctus Fund, the Company issued 200,000 shares to Auctus as a commitment fee valued at $118,000. Cancellation of Common Stock for commitment fee In February 2018 pursuant the September 29, 2017 securities purchase agreement with Labrys Fund, LP, the Company issued 107,843 shares to Labrys as a commitment fee. During the three months ended March 31, 2018 these shares were returned based upon the meeting of certain conditions by the Company. Summary of the Company’s Stock Warrant Activities The following table summarizes information concerning outstanding and exercisable warrants as of March 31, 2018 and December 31, 2017: Warrants Weighted Average exercise Price Weighted Remaining Contractual Life December 31, 2016 295 $ 800 3.63 Granted 90,250 .50 5.00 Exercised - - - Forfeited/expired (56 ) 10 .05 December 31, 2017 90,489 $ .50 4.71 Granted - - - Exercised 50,000 - - Forfeited/expired - - - March 31, 2018 40,489 $ .50 4.41 At March 31, 2018, the Company’s outstanding and exercisable warrants had no intrinsic value as the exercise price of these warrants was greater than the market price at March 31, 2018.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Note 7- Related Party Transactions Advances from Related Party From time to time, the CEO of the Company and a shareholder/employee advanced funds to the Company for working capital purposes. Those advances are unsecured, non-interest bearing and due on demand. As of March 31, 2018 and December 31, 2017 outstanding advances from related party aggregated to $31,000 and $31,000, respectively. Accrued Payroll During the three months ended March 31, 2018, the Company accrued payroll in the aggregate of $80,000 for officers and employees’ salaries. As of March 31, 2018, accrued payroll amounted to $291,000, of which $260,000 pertains to the accrued salary of one officer Mr. Bafer, Chief Executive Officer. As of December 31, 2017, accrued payroll amounted to $343,000, of which $310,000 pertains to the accrued salary of one officer Mr. Bafer, Chief Executive Officer. Legal Services On June 29, 2016 Esposito Partners and the Company entered into an agreement, pursuant to which the Company engaged Esposito Partners to provide legal services to the Company. The Letter Agreement also provided that Frank Esposito, who is the Managing Member of Esposito Partners, would serve as the Chief Legal Officer, a member of the Company’s board of directors and as secretary of the Company’s board of directors. Pursuant to the agreement, the Company will pay $5,000 per month for the legal services provided. As of March 31, 2018, accrued legal expenses amounted to $55,000. As of December 31, 2017, accrued legal expenses amounted to $65,000.

Contingencies and Litigation

Contingencies and Litigation	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Litigation	Note 8 - Contingencies and Litigation The Company may be involved in certain legal proceedings that arise from time to time in the ordinary course of its business. Except for income tax contingencies (commencing April 1, 2009), the Company records accruals for contingencies to the extent that management concludes that the occurrence is probable and that the related amounts of loss can be reasonably estimated. Legal expenses associated with the contingency are expensed as incurred. Litigation The Company may be involved in certain legal proceedings that arise from time to time in the ordinary course of its business. Except for income tax contingencies (commencing April 1, 2009), the Company records accruals for contingencies to the extent that management concludes that the occurrence is probable and that the related amounts of loss can be reasonably estimated. Legal expenses associated with the contingency are expensed as incurred.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 9 – Discontinued Operations On June 15, 2017, the Company entered into a Purchase and Sale Agreement with Metropolitan Sound + Vision LLC, a South Carolina limited liability company. Pursuant to the Agreement, the Company agreed to sell to Metro all of the shares of common stock of S&G Holdings, Inc., a Tennessee corporation doing business as High Five Entertainment owned by the Company, which constitute 75% of the issued and outstanding shares of S&G. Pursuant to current accounting guidelines, the business component is reported as a discontinued operations. Pursuant to the Agreement, at the closing of the Transaction, the Company was to deliver to Metro 100% of the issued and outstanding shares of common stock of S&G owned by the Company, and Metro was required to pay for such stock as follows: An initial payment of $10,000 was required to be made at the closing, and thereafter, at the end of each fiscal quarter, beginning at the end the third fiscal quarter of 2017, Metro shall pay the Company 5% of gross revenues collected during the quarter by Metro via the exploitation of S&G’s assets, up to a lifetime maximum of $590,000. The Agreement requires Metro to use its best professional efforts to generate revenue from the exploitation of S&G’s assets, and if the Company has not received a total of at least $265,000 of the $590,000 lifetime maximum purchase price from Metro before July 1, 2022, the Company has the right to repurchase the stock and assets of the S&G from Metro for $10,000. The Company recognized a gain on the sale of S&G of $57,000 consisting of the assumption by the buyer of the net liabilities of S&G of $236,000 offsets by the elimination of the non-controlling interest of S&G of $189,000 and the purchase price consideration of $10,000. The remainder of the purchase price will be recognized when collectability can be determined.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 10 - Subsequent Events In May 2018 the Company entered into a securities purchase agreement in connection with the issuance of a $56,000 convertible note. The note carries interest of 8% per year and is due and payable on May 3, 2019. The outstanding amounts under the note are convertible, at the option of the holder, into shares of common stock of the Company, at a conversion price calculated at 52% of the lowest sale price for the common stock during the 20 consecutive trading days immediately preceding the conversion date.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Reverse Stock Split	Reverse Stock Split In January 2017, the Company effected a 1-for-10,000 reverse stock split of the Company’s common stock. All shares and per-share amounts have been retroactively restated as of the earliest periods presented to reflect the stock split.
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 % Recall Studios, Inc. The State of Nevada March 30, 2016 (July 27, 2016) 100 % 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.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows the Financial Accounting Standards Board (FASB) Accounting Standards Codification for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of the fair value hierarchy are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally unobservable 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 $1,980,000 was based on Level 3 measurements.
Non-Controlling Interest	Non-Controlling Interest Non-controlling interest represents the non-controlling interest holders’ proportionate share of the equity of the Company’s majority-owned subsidiaries. Non-controlling interest is adjusted for the non-controlling interest holders’ proportionate share of the earnings or losses and other comprehensive income (loss) and the non-controlling interest continues to be attributed its share of losses even if that attribution results in a deficit non-controlling interest balance. All Non-controlling interest was eliminated as part of the sale of S&G Holdings, Inc., a Tennessee corporation doing business as High Five Entertainment in 2017.
Revenue Recognition	Revenue Recognition The Company’s Recall Studios subsidiary produces software applications for third-parties on a consulting basis. Revenues from these services are 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.
Income (Loss) Per Share	Income (Loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted income (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 income (loss) of the Company. In computing diluted income (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. For the three months ended March 31, 2018, warrants exercisable into 40,489 shares of common stock have been excluded because their impact on the income per share is anti-dilutive. For the three months ended March 31, 2018, the calculation of diluted earnings per share included convertible Series B Preferred stock that can convert into 2,000,000 shares of common stock, convertible Series C Preferred stock that can convert into 2,848,982 shares of common stock, and notes that can convert into 6,108,456 shares of common stock. For the three months ended March 31, 2017, the calculation of diluted earnings per share included convertible Series A Preferred stock that can convert into 2,000,000 shares of common stock, convertible Series B Preferred stock that can convert into 81,023,982 shares of common stock, and notes that can convert into 4,341,150 shares of common stock. The following table sets forth the computation of basic and diluted earnings per share: For the three months ended March 31, 2018 2017 Earnings per share – Basic Income (Loss) for the period $ (695,000 ) $ 6,630,000 Basic average common stock outstanding 80,954,661 33,940 Net earnings per share $ (0.01 ) $ 195.34 For the three months ended March 31, 2018 2017 Earnings per share - Diluted Income (Loss) for the period $ (695,000 ) $ 6,630,000 Basic average common stock outstanding 80,954,661 33,940 Diluted effect from preferred stock and convertible notes 10,957,438 87,365,132 Diluted average common stock outstanding 91,912,099 87,399,072 Net earnings per share $ (0.01 ) $ 0.08
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. For stock-based derivative financial instruments, 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 March 31, 2018 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 The Company has adopted ASU 2014-09 in the first quarter of 2018. The adoption of ASU 2014-09 is not expected to have a material impact on the Company’s financial statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02 , Leases July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. ASU 2017-11 allows companies to exclude a down round feature when determining whether a financial instrument (or embedded conversion feature) is considered indexed to the entity’s own stock. As a result, financial instruments (or embedded conversion features) with down round features may no longer be required to be accounted for as derivative liabilities. A company will recognize the value of a down round feature only when it is triggered and the strike price has been adjusted downward. For equity-classified freestanding financial instruments, an entity will treat the value of the effect of the down round as a dividend and a reduction of income available to common shareholders in computing basic earnings per share. For convertible instruments with embedded conversion features containing down round provisions, entities will recognize the value of the down round as a beneficial conversion discount to be amortized to earnings. The guidance in ASU 2017-11 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted, and the guidance is to be applied using a full or modified retrospective approach. The Company has early adopted ASU 2017-11 in the third quarter of 2017. The adoption of ASU 2017-11 is not expected to have a material impact on the Company’s financial statements and related disclosures. 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 Accoun18

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2018
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 % Recall Studios, Inc. The State of Nevada March 30, 2016 (July 27, 2016) 100 %
Schedule of Earnings Per Share Basic and Diluted	The following table sets forth the computation of basic and diluted earnings per share: For the three months ended March 31, 2018 2017 Earnings per share – Basic Income (Loss) for the period $ (695,000 ) $ 6,630,000 Basic average common stock outstanding 80,954,661 33,940 Net earnings per share $ (0.01 ) $ 195.34 For the three months ended March 31, 2018 2017 Earnings per share - Diluted Income (Loss) for the period $ (695,000 ) $ 6,630,000 Basic average common stock outstanding 80,954,661 33,940 Diluted effect from preferred stock and convertible notes 10,957,438 87,365,132 Diluted average common stock outstanding 91,912,099 87,399,072 Net earnings per share $ (0.01 ) $ 0.08

Derivative Liability (Tables)

Derivative Liability (Tables)	3 Months Ended
	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Weighted-Average Black-Scholes-Merton Model	The derivative liabilities were valued at the following dates using a Black-Scholes-Merton model with the following average assumptions: March 31, 2018 December 31, 2017 Stock Price $ 0.41 $ .31 Risk free interest rate 1.63-2.03 % 0.84 % Expected Volatility 201 % 476 % Expected life in years 0.42-0.92 0.25-0.79 Expected dividend yield 0 % 0 % Fair Value – Warrants $ 0 $ 0 Fair Value – Note Conversion Feature 1,980,000 1,867,000 Total $ 1,980,000 $ 1,867,000

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Summary of Stock Warrants Activities	The following table summarizes information concerning outstanding and exercisable warrants as of March 31, 2018 and December 31, 2017: Warrants Weighted Average exercise Price Weighted Remaining Contractual Life December 31, 2016 295 $ 800 3.63 Granted 90,250 .50 5.00 Exercised - - - Forfeited/expired (56 ) 10 .05 December 31, 2017 90,489 $ .50 4.71 Granted - - - Exercised 50,000 - - Forfeited/expired - - - March 31, 2018 40,489 $ .50 4.41

Organization and Basis of Ope21

Organization and Basis of Operations (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Accounting Policies [Abstract]
Stockholders' deficit	$ 2,754,000		$ 3,099,000
Net loss	695,000	$ (6,630,000)
Net cash used in operating activities	$ 641,000	$ 83,000

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Jun. 15, 2017
Ownership interest percentage		100.00%			75.00%
Fair value of derivative liability		$ 1,980,000		$ 1,867,000
Diluted earnings per share included convertible notes converted into shares of common stock		6,108,456	4,341,150
Convertible Series B Preferred Stock [Member]
Diluted earnings per share included preferred stock converted into shares of common stock		2,000,000	81,023,982
Convertible Series C Preferred Stock [Member]
Diluted earnings per share included preferred stock converted into shares of common stock		2,848,982
Convertible Series A Preferred Stock [Member]
Diluted earnings per share included preferred stock converted into shares of common stock			2,000,000
Warrants Exercisable Shares Common Stock [Member]
Antidilutive securities		40,489
Common Shares [Member]
Reverse stock split	1-for-10,000

Summary of Significant Accoun23

Summary of Significant Accounting Policies - Schedule of Consolidated Subsidiaries and Entities (Details)	3 Months Ended
	Mar. 31, 2018
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 acquisition	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%
Recall Studios, Inc. [Member]
Name of consolidated subsidiary or entity	Recall Studios, Inc.
State or other jurisdiction of incorporation or organization	The State of Nevada
Date of incorporation or formation	Mar. 30, 2016
Date of acquisition	Jul. 27, 2016
Attributable interest	100.00%

Summary of Significant Accoun24

Summary of Significant Accounting Policies - Schedule of Earnings Per Share Basic and Diluted (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Accounting Policies [Abstract]
Income (Loss) for the period	$ (695,000)	$ 6,630,000
Basic average common stock outstanding	80,954,661	33,940
Net earnings per share	$ (0.01)	$ 195.34
Diluted effect from preferred stock and convertible notes	10,957,438	87,365,132
Diluted average common stock outstanding	91,912,099	87,399,072
Net earnings per share	$ (0.01)	$ 0.08

Convertible Notes Payable (Deta

Convertible Notes Payable (Details Narrative)	Mar. 29, 2018USD ($)d	Mar. 23, 2018USD ($)d	Mar. 12, 2018USD ($)	Mar. 02, 2018USD ($)	Feb. 23, 2018USD ($)d	Feb. 22, 2018USD ($)dshares	Feb. 21, 2018USD ($)d	Feb. 12, 2018USD ($)d	Feb. 02, 2018USD ($)d	Jan. 26, 2018USD ($)d	Jan. 17, 2018USD ($)d	Nov. 02, 2017USD ($)d	Oct. 02, 2017USD ($)d	Sep. 29, 2017USD ($)d	Sep. 22, 2017USD ($)d	Sep. 12, 2017USD ($)d	Sep. 05, 2017USD ($)d	Aug. 29, 2017USD ($)d	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Oct. 31, 2015
Interest rate percentage																					5.00%
Note discount to account for notes derivative liability																			$ 364,000
Debt conversion of converted amount																			18,000
Proceeds from convertible debt																			807,000
Outstanding balance of notes payable																			878,500
Accrued interest																			10,295
Unamortized note discount																			$ 747,626
Crown Bridge Partners [Member]
Convertible promissory notes issued					$ 35,000				$ 17,500									$ 35,000
Interest rate percentage					10.00%				10.00%									10.00%
Debt maturity date					Aug. 29, 2018				Aug. 29, 2018									Aug. 29, 2018
Debt issuance costs					$ 33,000				$ 69,000									$ 32,000
Conversion of interest rate					55.00%				55.00%									55.00%
Trading days | d					20				20									20
Note discount to account for notes derivative liability					$ 31,750				$ 15,750									$ 35,000
Debt conversion of convertible shares | shares						130,000
Debt conversion of converted amount						$ 17,401
Original issue discount					3,500				$ 1,750
LG Capital Funding [Member]
Convertible promissory notes issued					$ 110,250												$ 52,500
Interest rate percentage					8.00%												6.00%
Debt maturity date					Feb. 23, 2019												Sep. 5, 2018
Debt issuance costs					$ 141,000												$ 37,000
Conversion of interest rate					58.00%												58.00%
Trading days | d					20												20
Note discount to account for notes derivative liability					$ 105,000												$ 52,500
Interest expense				$ 20,000
Original issue discount					$ 5,250
EMA Financial [Member]
Convertible promissory notes issued																$ 100,000
Interest rate percentage																10.00%
Debt maturity date																Sep. 5, 2018
Debt issuance costs																$ 99,000
Conversion of interest rate																50.00%
Trading days | d																25
Note discount to account for notes derivative liability																$ 100,000
Interest expense				$ 38,000
Essex Global Investment [Member]
Convertible promissory notes issued															$ 43,000
Interest rate percentage															10.00%
Debt maturity date															Sep. 22, 2018
Debt issuance costs															$ 32,000
Conversion of interest rate															58.00%
Trading days | d															25
Note discount to account for notes derivative liability															$ 43,000
Interest expense			$ 14,000
Labrys Fund [Member]
Convertible promissory notes issued														$ 110,000
Interest rate percentage														12.00%
Debt maturity date														Mar. 29, 2018
Debt issuance costs														$ 232,000
Conversion of interest rate														50.00%
Trading days | d														25
Note discount to account for notes derivative liability														$ 110,000
Auctus Fund [Member]
Convertible promissory notes issued												$ 52,750
Interest rate percentage												12.00%
Debt maturity date												Aug. 2, 2018
Debt issuance costs												$ 50,000
Conversion of interest rate												50.00%
Trading days | d												25
Note discount to account for notes derivative liability												$ 52,750
Power Up Lending Group [Member]
Convertible promissory notes issued		$ 50,000						$ 53,000			$ 53,000		$ 50,000
Interest rate percentage		8.00%						8.00%			8.00%		8.00%
Debt maturity date		Dec. 30, 2018						Oct. 30, 2018			Oct. 30, 2018		Jul. 15, 2018
Debt issuance costs		$ 8,000						$ 8,000			$ 28,000		$ 77,000
Conversion of interest rate		63.00%						63.00%			63.00%		63.00%
Trading days | d		10						10			10		10
Note discount to account for notes derivative liability		$ 50,000						$ 53,000			$ 53,000		$ 50,000
Adar Bays, LLC [Member] | Convertible Promissory Note [Member]
Convertible promissory notes issued										$ 44,000
Interest rate percentage										6.00%
Debt maturity date										Jan. 16, 2018
Debt issuance costs										$ 502,000
Conversion of interest rate										58.00%
Trading days | d										20
Note discount to account for notes derivative liability										$ 40,000
Original issue discount										4,000
Adar Bays, LLC [Member] | Second Convertible Promissory Note [Member]
Convertible promissory notes issued										$ 44,000
Interest rate percentage										6.00%
Debt maturity date										Jan. 16, 2018
Debt issuance costs										$ 502,000
Conversion of interest rate										58.00%
Trading days | d										20
Note discount to account for notes derivative liability										$ 40,000
Original issue discount										$ 4,000
Adar Bays, LLC [Member] | Back End Notes [Member]
Debt maturity date										Jan. 26, 2019
Conversion of interest rate										58.00%
Trading days | d										20
Proceeds from convertible debt										$ 44,000
Description on debt instrument										Company has the ability to receive an additional two more $44,000 promissory back end notes from Adar Bays, LLC, which provides conversion features equal to 58% of the lowest trading price of the Corporation’s Common Stock for the last 20 trading days prior to conversion, as well as 6% per annum interest, and a 10% OID so that the purchase price for each note shall be $40,000, and become due and payable January 26, 2019 and that the aforementioned notes shall be $44,000 promissory notes to Adar Bays, LLC secured by assets with a fair market value of not less than $40,000 each.
Debt discount percentage										10.00%
One44 Capital, LLC [Member]
Convertible promissory notes issued	$ 94,500						$ 94,500
Interest rate percentage	8.00%						8.00%
Debt maturity date	Nov. 29, 2018						Feb. 21, 2019
Debt issuance costs	$ 56,000						$ 93,000
Conversion of interest rate	50.00%						50.00%
Trading days | d	20						20
Note discount to account for notes derivative liability	$ 94,500						$ 94,500
Auctus Fund, LLC [Member]
Convertible promissory notes issued						$ 230,000
Interest rate percentage						12.00%
Debt maturity date						Nov. 22, 2018
Debt issuance costs						$ 632,000
Conversion of interest rate						50.00%
Trading days | d						25
Note discount to account for notes derivative liability						$ 230,000

Convertible Notes Payable to 26

Convertible Notes Payable to Related Parties (Details Narrative)	Dec. 28, 2016USD ($)$ / shares	Jul. 31, 2016	Jul. 31, 2015USD ($)d	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)	Oct. 31, 2015
Proceeds from convertible debt				$ 807,000
Annual interest rate							5.00%
Outstanding note balance amount				878,500
Accrued interest				10,295
Shareholder [Member]
Annual interest rate	3.00%
Debt maturity date	Mar. 24, 2017
Accrued interest				2,000		$ 1,000
Unsecured convertible promissory note	$ 50,000
Debt conversion price per share | $ / shares	$ 4,000
Increased Term of Notes [Member]
Annual interest rate							22.00%
Alex Bafer [Member]
Proceeds from convertible debt			$ 530,000
Accrued interest related party			13,000
Convertible promissory note principal amount			$ 543,000
Annual interest rate			5.00%
Debt maturity date		Aug. 1, 2017	Oct. 1, 2015
Trading days | d			20
Conversion price percentage			50.00%
Outstanding note balance amount				434,000		434,000
Accrued interest				$ 145,000		$ 140,000

Derivative Liability (Details N

Derivative Liability (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Fair value of derivative liability	$ 1,980,000		$ 1,867,000
Change in fair value of derivative liability	(2,768,000)	$ (6,807,000)
Note Conversion Feature [Member]
Fair value of derivative liability	1,980,000		$ 1,867,000
Change in fair value of derivative liability	2,768,000
Convertible Notes Payable [Member]
Fair value of derivative liability	$ 2,881,000

Derivative Liability - Schedule

Derivative Liability - Schedule of Weighted-Average Black-Scholes-Merton Model (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Stock Price	$ 0.41	$ 0.31
Risk free interest rate		0.84%
Expected Volatility	201.00%	476.00%
Expected dividend yield	0.00%	0.00%
Fair Value	$ 1,980,000	$ 1,867,000
Warrants [Member]
Fair Value	0	0
Note Conversion Feature [Member]
Fair Value	$ 1,980,000	$ 1,867,000
Minimum [Member]
Risk free interest rate	1.63%
Expected life in years	5 months 1 day	2 months 30 days
Maximum [Member]
Risk free interest rate	2.03%
Expected life in years	11 months 1 day	9 months 14 days

Stockholders' Deficit (Details

Stockholders' Deficit (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	Feb. 28, 2018	Mar. 31, 2018
Number of shares issued for cash, value		$ 549,000
Number of stock shares issued for incentive, value		410,000
Issuance of common stock for commitment fee		$ 118,000
Securities Purchase Agreement [Member] | Auctus Fund [Member]
Issuance of common stock for commitment fee, shares		200,000
Issuance of common stock for commitment fee		$ 118,000
Securities Purchase Agreement [Member] | Labrys Fund [Member]
Issuance of common stock for commitment fee, shares	107,843
Common Shares One [Member]
Aggregate number of shares		2,736,000
Number of shares issued for cash, value		$ 549,000
Number of shares to be issued		160,000
Common Shares [Member]
Aggregate number of shares		2,736,000
Number of shares issued for cash, value
Number of stock shares issued for incentive, shares		475,000
Number of stock shares issued for incentive, value
Issuance of common stock for commitment fee, shares		200,000
Issuance of common stock for commitment fee
Common Shares [Member] | Two Shareholders [Member]
Number of stock shares issued for incentive, shares		475,000
Number of stock shares issued for incentive, value		$ 410,000

Stockholders' Deficit - Summary

Stockholders' Deficit - Summary of Stock Warrants Activities (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Equity [Abstract]
Warrant Beginning Balance	90,489	295
Warrant Granted		90,250
Warrant Exercised	50,000
Warrant Forfeited/expired		(56)
Warrant Ending Balance	40,489	90,489
Weighted Average exercise Price Beginning Balance	$ .50	$ 800
Weighted Average exercise Price Granted		.50
Weighted Average exercise Price Exercised
Weighted Average exercise Price Forfeited/expired		10
Weighted Average exercise Price Ending Balance	$ 0.50	$ .50
Weighted Average Remaining Contractual Life Beginning	4 years 8 months 16 days	3 years 7 months 17 days
Weighted Average Remaining Contractual Life Granted	0 years	5 years
Weighted Average Remaining Contractual Life Forfeited/expired	0 years	18 days
Weighted Average Remaining Contractual Life Ending	4 years 4 months 28 days	4 years 8 months 16 days

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Jun. 29, 2016	Mar. 31, 2018	Dec. 31, 2017
Advances from related party		$ 31,000	$ 31,000
Accrued payroll of officers and employees salaries		80,000
Accrued payroll		291,000	343,000
Legal fees		55,000	65,000
Mr.Bafer [Member]
Accrued payroll		$ 260,000	$ 310,000
Legal fees	$ 5,000

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) - USD ($)	Jun. 15, 2017	Mar. 31, 2018
Ownership interest, percentage	75.00%	100.00%
Purchase and Sale Agreement [Member]
Ownership interest, percentage	75.00%
Initial payment	$ 10,000
Payment made from gross revenue, percent	5.00%
Purchase and Sale Agreement [Member] | S&G Holdings, Inc [Member]
Ownership interest, percentage	100.00%
Gain on sale of assets		$ 57,000
Value of liabilities included in gain on sale		236,000
Noncontrolling interest		189,000
Purchase price		10,000
Purchase and Sale Agreement [Member] | S&G Holdings, Inc [Member] | July 1, 2022 [Member]
Initial payment		590,000
Unreceived revenue from exploitation		265,000
Stock and assets, repurchase value		$ 10,000
Purchase and Sale Agreement [Member] | S&G Holdings, Inc [Member] | Maximum [Member]
Initial payment	$ 590,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)	1 Months Ended
	May 31, 2018USD ($)d	Oct. 31, 2015
Note carries interest rate		5.00%
Subsequent Event [Member] | Securities Purchase Agreement [Member]
Issuance of convertible note | $	$ 56,000
Note carries interest rate	8.00%
Debt due date	May 3, 2019
Debt conversion percentage	52.00%
Debt conversion trading days | d	20