JPX Global (JPEX) 10-K 14 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 31, 2016	Jun. 30, 2015
Document And Entity Information
Entity Registrant Name	JPX Global Inc.
Entity Central Index Key	1,506,814
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 27,661,743
Entity Common Stock, Shares Outstanding		167,455,809
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 83	$ 342
Total Current Assets	83	342
TOTAL ASSETS	83	342
CURRENT LIABILITIES
Accounts payable and accrued liabilities	29,902	15,338
Advances from related party	243,864	$ 221,786
Notes payable to related party	18,000
Convertible loan payable - related party	1,500	$ 1,500
Total Current Liabilities	293,266	238,624
TOTAL LIABILITIES	293,266	238,624
Preferred stock, $0.001 par value; 40,000,000 shares authorized:
Common stocked	167,456	165,406
Additional paid-in capital	32,832,694	30,784,744
Accumulated deficit	(33,303,334)	(31,198,433)
Total Stockholders' Deficit	(293,183)	(238,282)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	83	342
Series A Preferred Stock
Preferred stock, $0.001 par value; 40,000,000 shares authorized:
Preferred Stock	1	1
Series B Preferred Stock
Preferred stock, $0.001 par value; 40,000,000 shares authorized:
Preferred Stock	$ 10,000	$ 10,000

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	40,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	167,455,809	165,405,809
Common stock, shares outstanding	167,455,809	165,405,809
Series A Preferred Stock
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares issued	1,000	1,000
Preferred Stock, shares outstanding	1,000	1,000
Series B Preferred Stock
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares issued	10,000,000	10,000,000
Preferred Stock, shares outstanding	10,000,000	10,000,000

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
NET REVENUES	$ 0	$ 0
OPERATING EXPENSES
Consulting fees (including stock-based compensation of $2,050,000 and $27,931,416, respectively)	2,050,000	28,156,416
Professional and accounting fees	52,557	88,906
Other general and administrative	1,592	22,191
Total Operating Expenses	2,104,149	28,267,513
LOSS FROM OPERATIONS	(2,104,149)	(28,267,513)
OTHER INCOME (EXPENSES)
Fair value of Series A Preferred Stock issued to related party as security for liabilities due to related party	0	(100,000)
Interest expense	(752)	(2,899)
Gain on change in fair value of derivative liability	0	2,255,855
Total Other Income (Expenses)	(752)	2,152,956
NET INCOME (LOSS)	$ (2,104,901)	$ (26,114,557)
Net income (loss) per common share - basic and diluted	$ (0.01)	$ (0.19)
Weighted average common shares outstanding - basic and diluted	167,186,220	137,037,069

Statements of Operations (Paren

Statements of Operations (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Stock-based compensation	$ 2,050,000	$ 27,931,416

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (2,104,901)	$ (26,114,557)
Adjustments to reconcile net loss to net cash used by operating activities:
Common stock issued for services	2,050,000	27,931,416
Series A Preferred Stock issued as security for liabilities due to related party	0	100,000
Loss (Gain) on change in fair value of derivative liability	0	2,255,855
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	14,564	5,962
Net Cash Used by Operating Activities	(40,337)	(333,034)
CASH FLOWS FROM INVESTING ACTIVITIES:	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from advances from related party (net)	22,078	80,061
Proceeds from notes payable to related party	18,000	0
Proceeds from sale of common stock	0	282,000
Payments on convertible note payable	0	(29,250)
Net Cash Provided by Financing Activities	40,078	332,811
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(259)	(223)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	342	565
CASH AND CASH EQUIVALENTS, END OF PERIOD	83	342
SUPPLEMENTAL CASH FLOW INFORMATION
Interest	0	0
Taxes	0	0
Non-cash activity:
Satisfaction of notes payable	0	42,000
Reduction of derivative liability	0	32,910
Total	0	74,910
Series A Preferred Stock issued as security for liabilities due to related party	0	100,000
Common stock issued for services	$ 2,050,000	$ 27,931,416

Statement of Stockholders' Defi

Statement of Stockholders' Deficit - USD ($)	Series A Preferred Stock	Series B Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2013			32,133,380
Beginning balance, value at Dec. 31, 2013			$ 32,133	$ 2,539,692	$ (5,083,876)	$ (2,512,051)
Shares issued for services, shares			25,391,620
Shares issued for services, value			$ 25,392	27,906,024		27,931,416
Shares issued for conversion of debt, shares			60,345
Shares issued for conversion of debt, value			$ 61	74,849		74,910
Shares issued for acquisition of assets, shares		10,000,000	105,000,464
Shares issued for acquisition of assets, value		$ 10,000	$ 105,000	(115,000)
Shares issued for security of debt, shares	1,000
Shares issued for security of debt, value	$ 1			99,999		100,000
Shares issued for cash, shares			2,820,000
Shares issued for cash, value			$ 2,820	279,180		282,000
Net loss					(26,114,557)	(26,114,557)
Ending balance, shares at Dec. 31, 2014	1,000	10,000,000	165,405,809
Ending balance, value at Dec. 31, 2014	$ 1	$ 10,000	$ 165,406	30,784,744	(31,198,433)	(238,282)
Shares issued for services, shares			2,050,000
Shares issued for services, value			$ 2,050	2,047,950		2,050,000
Shares issued for cash, value						0
Net loss					(2,104,901)	(2,104,901)
Ending balance, shares at Dec. 31, 2015	1,000	10,000,000	167,455,809
Ending balance, value at Dec. 31, 2015	$ 1	$ 10,000	$ 167,456	$ 32,832,694	$ (33,303,334)	$ (293,183)

1. ORGANIZATION

1. ORGANIZATION	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
1. ORGANIZATION	1. ORGANIZATION The Company was incorporated under the laws of the state of Nevada on December 18, 2008, with 75,000,000 authorized common shares with a par value of $0.001.On January 3, 2013, the Company approved the action to amend and restate the Articles of Incorporation to increase the authorized common shares to 500,000,000 and create and authorize 40,000,000 shares of Preferred Stock which was approved by written consent of the holder representing approximately 67% of the outstanding voting securities of the Company. Series A Preferred Stock was created and designated with super-voting rights of 100,000 votes per share of Series A Preferred Stock held, but no conversion, dividend, and liquidation rights. On February 5, 2014, the Company entered into an agreement to acquire all of the operating assets of Scorpex, Inc. (“Scorpex”) (an entity related by common control) in exchange for 105,000,000 shares of common stock and 10,000,000 shares of Series B Preferred Stockof the Company.Scorpex is majority owned and controlled by JPX Global, Inc.’s then controlling shareholder, Joseph Caywood. Each share of Series B preferred stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters upon which common stockholders may vote. With the acquisition of these assets, which consist primarily of a license agreement, the Company has modified its business plan to include the development of waste management services including the storage, recycling, and disposal of waste. The Company does not presently have any waste management operations. The acquired assets consist primarily of a license agreement between Scorpex and Tratamientos Ambientales Scorpion, S.A. de C.V. (a corporation formed under the laws of Mexico) (“TAS”). This license agreement with TAS has been assigned to JPX. TAS is a wholly owned subsidiary of Scorpex, and is, therefore, a common control entity. ASC 805-50-30-5 provides guidance on measuring assets and liabilities transferred between entities under common control. As the entities are under common control and the license agreement had no basis on Scorpex’s books they are being acquired at their carrying amounts (with no cost basis) on the date of transfer and, therefore, the transaction value is $-0-. The license agreement was dated July 30, 2011 and provided Scorpex with an exclusive worldwide license for the permits, property, and any and all of TAS’s other assets necessary for the business of storing, recycling, disposing, and treating waste in Mexico for a term of 10 years. The agreement also provided for Scorpex’s annual payment to TAS of 20% of its Net Revenues (gross cash receipts less cost of processing and other expenses excluding general, administrative, interest, and taxes) from the license. Pursuant to the Assignment Consent dated February 3, 2014, TAS agreed to extend the term of the agreement every 10 years if operations have commenced pursuant to the license agreement.

2. GOING CONCERN

2. GOING CONCERN	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
2. GOING CONCERN	2. GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The company does not have sufficient working capital for its planned activity, and to service its debt, which raises substantial doubt about its ability to continue as a going concern. The Company has incurred accumulated losses of $33,303,334 since inception through December 31, 2015. Continuation of the company as a going concern is dependent upon obtaining additional working capital. The management of the Company has developed a strategy which it believes will accomplish this objective through short term loans from related parties, and additional equity investments, which will enable the company to continue operations for the coming year. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.

3. SUMMARY OF SIGNIFICANT ACCOU

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Methods The Company recognizes income and expenses based on the accrual method of accounting. The Company follows accounting principles generally accepted in the United States. Income Tax The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to be reversed. An allowance against deferred tax assets is recorded, when it is more likely than not that such tax benefits will not be realized. Basic and Diluted Net Income (loss) Per Share The Company follows ASC Topic 260 to account for the earnings per share. Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. For the years ended December 31, 2015 and 2014, the common shares underlying the following dilutive securities were excluded from the calculation of diluted shares outstanding as the effect of their inclusion would be anti-dilutive: Common Shares Issuable Year Ended December 31, 2015 2014 Convertible loan payable – related party 1,500,000 1,500,000 Series B Preferred Stock 100,000,000 100,000,000 Total common shares issuable 101,500,000 101,500,000 Cash & Cash Equivalents For the purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less to be cash equivalents. Revenue Recognition Revenue is recognized upon completion of services or delivery of goods where the sales price is fixed or determinable and the collectability is reasonably assured. The Company has no revenue to date. Advertising and Market Development The Company expenses advertising and market development costs. As of December 31, 2015, the company has not incurred any advertising and market development costs. Impairment of Long-Lived Assets The Company reviews and evaluates long-lived assets for impairment when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. The assets are subject to impairment consideration under FASB ASC 360-10-35-17 if events or circumstances indicate that their carrying amount might not be recoverable. When the Company determines that an impairment analysis should be done, the analysis will be performed using the rules of FASB ASC 930-360-35, Asset Impairment, and 360-10 through 15-5, Impairment or Disposal of Long-Lived Assets. Environmental Requirements At the report date, environmental requirements related to a formally held mineral claim are unknown and therefore any estimate of future costs cannot be made. Mineral Property Acquisition Costs Costs of acquisition and option costs of mineral rights are capitalized upon acquisition. Mine development costs incurred to develop new ore deposits, to expand the capacity of mines, or to develop mine areas substantially in advance of current production are also capitalized once proven and probable reserves exist and the property is a commercially mineable property. Costs incurred to maintain current production or to maintain assets on a standby basis are charged to operations. If the Company does not continue with exploration after the completion of the feasibility study, the mineral rights will be expensed at that time. Costs of abandoned projects are charged to mining costs including related property and equipment costs. To determine if these costs are in excess of their recoverable amount, periodic evaluation of carrying value of capitalized costs and any related property and equipment costs are based upon expected future cash flows and/or estimated salvage value in accordance with FASB Accounting Standards Codification (ASC) 360-10-35-15, Impairment or Disposal of Long-Lived Assets. Various factors could impact our ability to achieve forecasted production schedules. Additionally, commodity prices, capital expenditure requirements and reclamation costs could differ from the assumptions the Company may use in cash flow models from exploration stage mineral interests. This, however, involves further risks in addition to those factors applicable to mineral interests where proven and probable reserves have been identified, due to the lower level of confidence that the identified mineralized material can ultimately be mined economically. Estimates and Assumptions Management uses estimates and assumptions in preparing financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were assumed in preparing these financial statements. Stock-based compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 505 and 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by the FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. Fair value of financial instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash and cash equivalents, accounts payable and accrued liabilities, advances from related party, notes payable to related parties and convertible loan payable – related party. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Level 1: The preferred inputs to valuation efforts are "quoted prices in active markets for identical assets or liabilities," with the caveat that the reporting entity must have access to that market. Information at this level is based on direct observations of transactions involving the same assets and liabilities, not assumptions, and thus offers superior reliability. However, relatively few items, especially physical assets, actually trade in active markets. Level 2: FASB acknowledged that active markets for identical assets and liabilities are relatively uncommon and, even when they do exist, they may be too thin to provide reliable information. To deal with this shortage of direct data, the board provided a second level of inputs that can be applied in three situations. Level 3: If inputs from levels 1 and 2 are not available, FASB acknowledges that fair value measures of many assets and liabilities are less precise. The board describes Level 3 inputs as "unobservable," and limits their use by saying they "shall be used to measure fair value to the extent that observable inputs are not available." This category allows "for situations in which there is little, if any, market activity for the asset or liability at the measurement date". Earlier in the standard, FASB explains that "observable inputs" are gathered from sources other than the reporting company and that they are expected to reflect assumptions made by market participants. Recent Accounting Pronouncements The Company has evaluated recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statements.

4. ADVANCES FROM RELATED PARTY

4. ADVANCES FROM RELATED PARTY	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
4. ADVANCES FROM RELATED PARTY	4. ADVANCES FROM RELATED PARTY The advances from related party liability at December 31, 2015 ($243,864) and 2014 ($221,786) is due to Joseph Caywood, significant stockholder of the Company. The liability is non-interest bearing and there are no terms of repayment.

5. NOTES PAYABLE TO RELATED PAR

5. NOTES PAYABLE TO RELATED PARTY	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
5. NOTES PAYABLE TO RELATED PARTY	5. NOTES PAYABLE TO RELATED PARTY The notes payable to related party at December 31, 2015 ($18,000) is due to Mitchell Dean Hovendick, significant stockholder of the Company, and consist of: Promissory note dated May 20, 2015, interest at 8% per annum, interest and principal due November 20, 2015 $ 8,000 Promissory note dated June 24, 2015, interest at 8% per annum, interest and principal due December 24, 2015 8,000 Promissory note dated November 15, 2015, interest at 8% per annum, interest and principal due May 15, 2016 2,000 Total $ 18,000

6. CONVERTIBLE LOAN PAYABLE - R

6. CONVERTIBLE LOAN PAYABLE - RELATED PARTY	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
6. CONVERTIBLE LOAN PAYABLE - RELATED PARTY	6. CONVERTIBLE LOAN PAYABLE – RELATED PARTY On December 18, 2008, the Company entered into a Promissory Note agreement with the then CEO of the Company. The note is for a sum of $1,500, is non interest bearing, and was due and payable on December 31, 2010. The note provides that if the note was not paid on December 31, 2010, the note can be converted to shares of common stock of the Company for $.001 per share. At the time the note was issued, the Company did not have a fair value for the stock: therefore, no beneficial conversion feature was recorded. The Company and Joseph Caywood, the current note holder, have verbally agreed that the Company will pay the loan off as it is able to without penalty, and the current note holder will not convert the debt into shares of common stock. As of December 31, 2015 and December 31, 2014, the balance of the loan is $1,500.

7. CONVERTIBLE NOTE PAYABLE

7. CONVERTIBLE NOTE PAYABLE	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
7. CONVERTIBLE NOTE PAYABLE	7. CONVERTIBLE NOTE PAYABLE On June 25, 2013, the Company entered into a Securities Purchase Agreement (“SPA”) in connection with the issuance of a convertible promissory note in the aggregate principal amount of $47,500. The Note provided for interest at the rate of 8% per annum (default rate of 22% per annum) and was not prepayable prior to the maturity date of March 28, 2014. The Note, together with all interest as accrued, was convertible into shares of the Company’s common stock at a price equal to 58% multiplied by the average of the lowest three (3) trading prices for the Common Stock during the ten (10) trading day period ending on the latest complete trading day prior to the date of conversion (representing a discount rate of 42%). The amount due and payable under the Note was to be increased to 150% of the principal amount of the Note, plus default interest as accrued thereon, in the event of default. On November 20, 2013, the Company defaulted on this Note. As a result of this default, the Note became immediately due within 5 days of the notice and the principal amount of $71,250 was demanded by the holder of the Note, Asher Enterprises, Inc. During the year ended December 31, 2014, Asher Enterprises converted $42,000 of the note into 60,345 shares of common stock and the balance of the note of $29,250 was paid by the Company.

8. DERIVATIVE LIABILITY

8. DERIVATIVE LIABILITY	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
8. DERIVATIVE LIABILITY	8. DERIVATIVE LIABILITY For the year ended December 31, 2014, the derivative liability changed as follows: Convertible Loan Payable – Related Party (Note 6) Convertible Note Payable (Note 7) Total Balance, December 31, 2013 $ 2,113,526 $ 175,239 $ 2,288,765 Conversion of note payable into common stock — (32,910 ) (32,910 ) Change in fair value of derivative liability (2,113,526 ) (142,329 ) (2,255,855 ) Balance, December 31, 2014 $ — $ — $ —

9. CAPITAL STOCK

9. CAPITAL STOCK	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
9. CAPITAL STOCK	9. CAPITAL STOCK On January 6, 2014, the Company issued 1,000 shares of Series A Preferred Stock to Joseph Caywood as security for the Company’s indebtedness due Mr. Caywood. The stock was valued at $100,000 and is included in other income (expenses) on the 2014 statement of operations. The Series A Preferred Stock carries no dividend, distribution, liquidation or conversion rights. Each shares of Series A Preferred Stock carries 100,000 votes, and holders of our Series A Preferred Stock are able to vote together with our common stockholders on all matters upon which common stockholders may vote. On January 8, 2014, January 28, 2014, and February 14, 2014 (see Note 7 above), the Company issued a total of 60,345 shares of common stock to Asher Enterprises, Inc. in satisfaction of a total of $42,000 of a convertible note payable due to Asher Enterprises. On February 5, 2014 (see Note 1 above), the Company issued 105,000,000 shares of common stock and 10,000,000 shares of Series B Preferred Stock to Scorpex in connection with the Company’s acquisition of all the operating assets of Scorpex. Scorpex is majority owned and controlled by the Company’s significant shareholder Joseph Caywood. Each share of Series B preferred stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters upon which common stockholders may vote. From May 6, 2014 to July 10, 2014, pursuant to the Consulting Agreement with South Bay Holdings, Inc. dated June 1, 2013 (term ended June 1, 2014), the Company issued a total of 7,991,620 shares of common stock to 16 individuals/entities for services rendered to the Company. The stock was valued at a total of $10,398,916 and is included in consulting fees on the 2014 statement of operations. From May 23, 2014 to July 16, 2014, the Company sold a total of 2,820,000 shares of common stock to 17 individuals/entities at $0.10 per share for total cash proceeds of $282,000. On July 10, 2014, pursuant to a Consulting Agreement with Joseph Caywood dated July 9, 2014 (term ended December 31, 2014), the Company issued 4,000,000 shares of common stock to Mitchell Dean Hovendick for services rendered to the Company. The stock was valued at $1,080,000 and is included in consulting fees on the 2014 statement of operations. On August 7, 2014, pursuant to a Consulting Agreement with Joseph Caywood dated August 7, 2014 (term ended December 31, 2014), the Company issued 10,250,000 shares of common stock to Mitchell Dean Hovendick for services rendered to the Company. The stock was valued at $12,402,500 and is included in consulting fees on the 2014 statement of operations. On October 23, 2014, pursuant to a Consulting Agreement with Wild Cherry Limited, LLC dated October 1, 2014 (term ended December 31, 2014), the Company issued 3,000,000 shares of common stock to Wild Cherry Limited, LLC for services rendered to the Company. The stock was valued at $3,750,000 and is included in consulting fees on the 2014 statement of operations. On December 2, 2014, the Company issued 150,000 shares of common stock to an individual for services rendered to the Company. The stock was valued at $300,000 and is included in consulting fees on the 2014 statement of operations. On February 17, 2015, pursuant to a Consulting Agreement with Joseph Caywood dated January 1, 2015, (term ended March 31, 2015), the Company issued a total of 2,050,000 shares of common stock to 18 individuals/entities for services rendered to the Company. The stock was valued at $2,050,000 and is included in consulting fees on the 2015 statement of operations.

10. INCOME TAXES

10. INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
10. INCOME TAXES	10. INCOME TAXES The Financial Accounting Standards Board (FASB) has issued FASB ASC 740-10. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements. This standard requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than- not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. As a result of the implementation of this standard, the Company performed a review of its material tax positions in accordance with recognition and measurement standards established by FASB ASC 740-10. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. At December 31, 2015 the Company had net operating loss carryforwards of approximately $671,000 that may be offset against future taxable income through 2035. No tax benefits have been reported in the financial statements, because the potential tax benefits of the net operating loss carry forwards are offset by a valuation allowance of the same amount. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should a significant change in ownership occur, net operating loss carryforwards may be limited as to use in the future. Net deferred tax assets consist of the following components as of December 31, 2015 and 2014: 2015 2014 Deferred tax assets: NOL Carryover $ 228,193 $ 209,527 Valuation allowance (228,193 ) (209,527 ) Net deferred tax asset $ — $ — The income tax provision (benefit) differs from the amount of income tax determined by applying the U.S. federal tax rates of 34% to pretax income for the years ended December 31, 2015 and 2014 due to the following: 2015 2014 Expected tax at 34% $ (715,666 ) $ (8,878,949 ) Non-deductible stock-based compensation 697,000 9,496,681 Non-deductible other expense relating to issuance of Series A Preferred Stock — 34,000 Non-deductible loss (non-taxable gain) on change in fair value of derivative liability — (766,991 ) Change in valuation allowance 18,666 115,259 Provision for (benefit from) income taxes $ — $ — A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: Year ended December 31, 2015 2014 Beginning balance $ — $ — Additions based on tax positions related to current year — — Additions for tax positions of prior years — — Reductions for tax positions of prior years — — Reductions in benefit due to income tax expense — — Ending balance $ — $ — At December 31, 2015, the Company had no unrecognized tax benefits that, if recognized, would affect the effective tax rate. The Company did not have any tax positions for which it is reasonably possible that the total amount of unrecognized tax benefits will significantly increase or decrease within the next 12 months. The Company includes interest and penalties arising from the underpayment of income taxes in the consolidated statements of operations in the provision for income taxes. As of December 31, 2015 and 2014, the Company had no accrued interest or penalties related to uncertain tax positions. The tax years that remain subject to examination by major taxing jurisdictions are those for the years ended December 31, 2015, 2014, 2013 and 2012.

11. CONTINGENCY

11. CONTINGENCY	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
11. CONTINGENCY	11. CONTINGENCY On May 20, 2014, the Company was served in a Utah lawsuit entitled “Robert Denman, Plaintiff, v. JPX Global, Inc., Joseph A. Caywood, and John D. Thomas, Defendents”. The lawsuit alleges breach of contract in connection with a December 2012 Stock Purchase Agreement (the “SPA”) between Robert Denman (“Denman”) and Joseph Caywood (“Caywood”). The lawsuit alleges that Caywood failed to pay Denman any of the $100,000 Promissory Note due February 28, 2013 which Denman received from Caywood as consideration for the agreed sale of 20,000,000 shares of common stock pursuant to the SPA and that the Company has not returned the 20,000,000 shares of common stock (which are still registered in the name of Denman) to Denman. On August 28, 2014, pursuant to a Motion to Dismiss filed by the Company on August 26, 2014, the Utah court dismissed all claims against the Company for lack of personal jurisdiction but retained jurisdiction over the 20,000,000 shares of common stock in question until the issuance of an appropriate, final order regarding the disposition thereof.

3. SUMMARY OF SIGNIFICANT ACC19

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Accounting Methods	Accounting Methods The Company recognizes income and expenses based on the accrual method of accounting. The Company follows accounting principles generally accepted in the United States.
Income Tax	Income Tax The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to be reversed. An allowance against deferred tax assets is recorded, when it is more likely than not that such tax benefits will not be realized.
Basic and Diluted Net Income (loss) Per Share	Basic and Diluted Net Income (loss) Per Share The Company follows ASC Topic 260 to account for the earnings per share. Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. For the years ended December 31, 2015 and 2014, the common shares underlying the following dilutive securities were excluded from the calculation of diluted shares outstanding as the effect of their inclusion would be anti-dilutive: Common Shares Issuable Year Ended December 31, 2015 2014 Convertible loan payable – related party 1,500,000 1,500,000 Series B Preferred Stock 100,000,000 100,000,000 Total common shares issuable 101,500,000 101,500,000
Cash & Cash Equivalents	Cash & Cash Equivalents For the purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less to be cash equivalents.
Revenue Recognition	Revenue Recognition Revenue is recognized upon completion of services or delivery of goods where the sales price is fixed or determinable and the collectability is reasonably assured. The Company has no revenue to date.
Advertising and Market Development	Advertising and Market Development The Company expenses advertising and market development costs. As of December 31, 2015, the company has not incurred any advertising and market development costs.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews and evaluates long-lived assets for impairment when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. The assets are subject to impairment consideration under FASB ASC 360-10-35-17 if events or circumstances indicate that their carrying amount might not be recoverable. When the Company determines that an impairment analysis should be done, the analysis will be performed using the rules of FASB ASC 930-360-35, Asset Impairment, and 360-10 through 15-5, Impairment or Disposal of Long-Lived Assets.
Environmental Requirements	Environmental Requirements At the report date, environmental requirements related to a formally held mineral claim are unknown and therefore any estimate of future costs cannot be made.
Mineral Property Acquisition Costs	Mineral Property Acquisition Costs Costs of acquisition and option costs of mineral rights are capitalized upon acquisition. Mine development costs incurred to develop new ore deposits, to expand the capacity of mines, or to develop mine areas substantially in advance of current production are also capitalized once proven and probable reserves exist and the property is a commercially mineable property. Costs incurred to maintain current production or to maintain assets on a standby basis are charged to operations. If the Company does not continue with exploration after the completion of the feasibility study, the mineral rights will be expensed at that time. Costs of abandoned projects are charged to mining costs including related property and equipment costs. To determine if these costs are in excess of their recoverable amount, periodic evaluation of carrying value of capitalized costs and any related property and equipment costs are based upon expected future cash flows and/or estimated salvage value in accordance with FASB Accounting Standards Codification (ASC) 360-10-35-15, Impairment or Disposal of Long-Lived Assets. Various factors could impact our ability to achieve forecasted production schedules. Additionally, commodity prices, capital expenditure requirements and reclamation costs could differ from the assumptions the Company may use in cash flow models from exploration stage mineral interests. This, however, involves further risks in addition to those factors applicable to mineral interests where proven and probable reserves have been identified, due to the lower level of confidence that the identified mineralized material can ultimately be mined economically.
Estimates and Assumptions	Estimates and Assumptions Management uses estimates and assumptions in preparing financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were assumed in preparing these financial statements.
Stock-based compensation	Stock-based compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 505 and 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by the FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50.
Fair value of financial instruments	Fair value of financial instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash and cash equivalents, accounts payable and accrued liabilities, advances from related party, notes payable to related parties and convertible loan payable – related party. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Level 1: The preferred inputs to valuation efforts are "quoted prices in active markets for identical assets or liabilities," with the caveat that the reporting entity must have access to that market. Information at this level is based on direct observations of transactions involving the same assets and liabilities, not assumptions, and thus offers superior reliability. However, relatively few items, especially physical assets, actually trade in active markets. Level 2: FASB acknowledged that active markets for identical assets and liabilities are relatively uncommon and, even when they do exist, they may be too thin to provide reliable information. To deal with this shortage of direct data, the board provided a second level of inputs that can be applied in three situations. Level 3: If inputs from levels 1 and 2 are not available, FASB acknowledges that fair value measures of many assets and liabilities are less precise. The board describes Level 3 inputs as "unobservable," and limits their use by saying they "shall be used to measure fair value to the extent that observable inputs are not available." This category allows "for situations in which there is little, if any, market activity for the asset or liability at the measurement date". Earlier in the standard, FASB explains that "observable inputs" are gathered from sources other than the reporting company and that they are expected to reflect assumptions made by market participants.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company has evaluated recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statements.

3. SUMMARY OF SIGNIFICANT ACC20

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Dilutive securities	Common Shares Issuable Year Ended December 31, 2015 2014 Convertible loan payable – related party 1,500,000 1,500,000 Series B Preferred Stock 100,000,000 100,000,000 Total common shares issuable 101,500,000 101,500,000

5. NOTES PAYABLE TO RELATED P21

5. NOTES PAYABLE TO RELATED PARTY (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Notes payable to related party	Promissory note dated May 20, 2015, interest at 8% per annum, interest and principal due November 20, 2015 $ 8,000 Promissory note dated June 24, 2015, interest at 8% per annum, interest and principal due December 24, 2015 8,000 Promissory note dated November 15, 2015, interest at 8% per annum, interest and principal due May 15, 2016 2,000 Total $ 18,000

8. DERIVATIVE LIABILITY (Tables

8. DERIVATIVE LIABILITY (Tables)	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Derivative liability	Convertible Loan Payable – Related Party (Note 6) Convertible Note Payable (Note 7) Total Balance, December 31, 2013 $ 2,113,526 $ 175,239 $ 2,288,765 Conversion of note payable into common stock — (32,910 ) (32,910 ) Change in fair value of derivative liability (2,113,526 ) (142,329 ) (2,255,855 ) Balance, December 31, 2014 $ — $ — $ —

10. INCOME TAXES (Tables)

10. INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Net deferred tax assets	2015 2014 Deferred tax assets: NOL Carryover $ 228,193 $ 209,527 Valuation allowance (228,193 ) (209,527 ) Net deferred tax asset $ — $ —
Income tax provision (benefit)	2015 2014 Expected tax at 34% $ (715,666 ) $ (8,878,949 ) Non-deductible stock-based compensation 697,000 9,496,681 Non-deductible other expense relating to issuance of Series A Preferred Stock — 34,000 Non-deductible loss (non-taxable gain) on change in fair value of derivative liability — (766,991 ) Change in valuation allowance 18,666 115,259 Provision for (benefit from) income taxes $ — $ —
Reconciliation of unrecognized tax benefits	Year ended December 31, 2015 2014 Beginning balance $ — $ — Additions based on tax positions related to current year — — Additions for tax positions of prior years — — Reductions for tax positions of prior years — — Reductions in benefit due to income tax expense — — Ending balance $ — $ —

3. SUMMARY OF SIGNIFICANT ACC24

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Dilutive securities (Details) - shares	12 Months Ended
	Dec. 31, 2014	Dec. 30, 2014	Dec. 31, 2013
Total common shares issuable	101,510,000		101,510,000
Convertible loan payable - related party
Common shares issuable	1,500,000		1,500,000
Series B Preferred Stock
Common shares issuable		100,000,000	100,000,000

5. NOTES PAYABLE TO RELATED P25

5. NOTES PAYABLE TO RELATED PARTY - Notes payable to related party (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Notes payable	$ 1,500	$ 1,500
Promissory note dated May 20, 2015
Notes payable	8,000
Promissory note dated June 24, 2015
Notes payable	8,000
Promissory note dated November 15, 2015
Notes payable	$ 2,000

8. DERIVATIVE LIABILITY - Deriv

8. DERIVATIVE LIABILITY - Derivative liability (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Change in fair value of derivative liability	$ 0	$ 2,255,855
Convertible Loan Payable - Related Party (Note 6)
Beginning balance of derivative liability	2,113,526
Change in fair value of derivative liability	(2,113,526)
Conversion of note payable into common stock		0
Ending balance derivative liability	0	2,113,526
Convertible Note Payable (Note 7)
Beginning balance of derivative liability	175,239
Change in fair value of derivative liability	(32,910)
Conversion of note payable into common stock	(142,329)
Ending balance derivative liability	0	175,239
Total
Beginning balance of derivative liability	2,288,765
Change in fair value of derivative liability	(2,255,855)
Conversion of note payable into common stock	(32,910)
Ending balance derivative liability		$ 2,288,765
Total
Ending balance derivative liability	$ 0

10. INCOME TAXES - Net deferred

10. INCOME TAXES - Net deferred tax assets (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
NOL Carryover	$ 228,193	$ 209,527
Valuation allowance	(228,193)	(209,527)
Net deferred tax asset	$ 0	$ 0

10. INCOME TAXES - Provision fo

10. INCOME TAXES - Provision for income taxes (Details) - Income tax - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Expected tax at 34%	$ (8,878,949)	$ (715,666)
Non-deductible stock-based compensation	9,496,681	697,000
Non-deductible other expense relating to issuance of Series A Preferred Stock	34,000	0
Non-deductible loss (non-taxable gain) on change in fair value of derivative liability	(766,991)	0
Change in valuation allowance	115,259	18,666
Provision for (benefit from) income taxes	$ 0	$ 0

10. INCOME TAXES - Reconciliati

10. INCOME TAXES - Reconciliatin of unrecognized tax benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Beginning balance	$ 0	$ 0
Additions based on tax positions related to current year	0	0
Additions for tax positions of prior years	0	0
Reductions for tax positions of prior years	0	0
Reductions in benefit due to income tax expense	0	0
Ending balance	$ 0	$ 0

1. ORGANIZATION (Details Narrat

1. ORGANIZATION (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015	Feb. 05, 2014	Jan. 03, 2013	Dec. 19, 2008
Common stock, authorized	500,000,000	500,000,000
Common stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized		40,000,000
Common stock, issued	165,405,809	167,455,809
Agreement to acquire all assets of Scorpex, Inc.
Common stock, issued			105,000,000
Preferred stock, issued			10,000,000
Incorporation of JPX Global, Inc.
Common stock, authorized				500,000,000	75,000,000
Common stock, par value					$ 0.001
Preferred stock, authorized				40,000,000
Preferred stock. votes per share	Preferred Stock which was approved by written consent of the holder representing approximately 67% of the outstanding voting securities of the Company. Series A Preferred Stock was created and designated with super-voting rights of 100,000 votes per share of Series A Preferred Stock held, but no conversion, dividend, and liquidation rights.
Series A Preferred Stock
Preferred stock. votes per share	Series A Preferred Stock was created and designated with super-voting rights of 100,000 votes per share of Series A Preferred Stock held but no conversion, dividend, and liquidation rights.
Agreement to acquire all assets of Scorpex, Inc.
Preferred stock. votes per share	Each share of Series B preferred stock is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters upon which common stockholders may vote.
Value of acquired assets	$ 0

2. GOING CONCERN (Details Narra

2. GOING CONCERN (Details Narrative)	Dec. 31, 2015USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated losses	$ 33,303,334

4. ADVANCES FROM RELATED PARTY

4. ADVANCES FROM RELATED PARTY (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Notes to Financial Statements
Advances from related parties	$ (243,864)	$ (221,786)

5. NOTES PAYABLE TO RELATED P33

5. NOTES PAYABLE TO RELATED PARTY (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Notes payable to related party	$ 18,000
Mitchell Dean Hovendick
Notes payable to related party	$ 18,000

6. CONVERTIBLE LOAN PAYABLE -34

6. CONVERTIBLE LOAN PAYABLE - RELATED PARTY (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2008	Dec. 31, 2015	Dec. 31, 2014	Dec. 18, 2008
Convertible notes payable - related party		$ 1,500	$ 1,500
Promissory Note (1)
Convertible notes payable - related party		$ 1,500	$ 1,500	$ 1,500
Terms of convertible note	The note provides that if the note was not paid on December 31, 2010, the note can be converted to shares of common stock of the Company for $.001 per share. At the time the note was issued, the Company did not have a fair value for the stock: therefore, no beneficial conversion feature was recorded. The Company and Joseph Caywood, the current note holder, have verbally agreed that the Company will pay the loan off as it is able to without penalty, and the current note holder will not convert the debt into shares of common stock. As of December 31, 2014 and December 31, 2013, the balance of the loan is $1,500.

7. CONVERTIBLE NOTE PAYABLE (De

7. CONVERTIBLE NOTE PAYABLE (Details Narrative) - Securities Purchase Agreement - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Nov. 25, 2015	Jun. 25, 2013
Convertible promissory note			$ 71,250	$ 47,500
Terms of convertible note		The Note provided for interest at the rate of 8% per annum (default rate of 22% per annum) and was not prepayable prior to the maturity date of March 28, 2014. The Note, together with all interest as accrued, was convertible into shares of the Company’s common stock at a price equal to 58% multiplied by the average of the lowest three (3) trading prices for the Common Stock during the ten (10) trading day period ending on the latest complete trading day prior to the date of conversion (representing a discount rate of 42%). The amount due and payable under the Note was to be increased to 150% of the principal amount of the Note, plus default interest as accrued thereon, in the event of default.
Common stock converted, shares	60,345
Common stock converted, value	$ 42,000
Convertible promissory note balance	$ 29,250

9. CAPITAL STOCK (Details Narra

9. CAPITAL STOCK (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Feb. 05, 2014	Jan. 06, 2014
Common stock issued for services, per share value	$ 0.001	$ 0.001
Common stock, authorized	500,000,000	500,000,000
Common stock issued for services, value	$ 2,050,000	$ 27,931,416
Preferred stock, authorized	40,000,000
Common stock issued, shares	167,455,809	165,405,809
Common stock issued, value	$ 167,456	$ 165,406
Series A Stock issued for outstanding debt
Preferred stock, authorized				1,000
Preferred Stock, votes per share		Although the preferred stock carries no dividend, distribution, liquidation or conversion rights, each share of Series A preferred stock carries one hundred thousand (100,000) votes, and holders of our preferred stock are able to vote together with our common stockholders on all matters upon which common stockholders may vote.
Common stock issued, value				$ 100,000
Agreement to acquire all assets of Scorpex, Inc.
Common stock issued, shares			105,000,000
Preferred stock issued, shares			10,000,000
Agreement to acquire assets of Scorpex, Inc.
Value of assets acquired		$ 0
Stock issued for cash
Common stock issued, shares		2,820,000
Common stock issued, value		$ 282,000
Stock issued for consulting services
Common stock issued for services, shares		14,250,000
Common stock issued for services, value		$ 13,482,500
Consulting Agreement with South Bay Holdings, Inc.
Common stock issued for services, shares		7,991,620
Common stock issued for services, value		$ 10,398,916
Consulting Agreement with Joseph Caywood (1)
Common stock issued for services, shares		4,000,000
Common stock issued for services, value		$ 1,080,000
Consulting Agreement with Joseph Caywood (2)
Common stock issued for services, shares		10,250,000
Common stock issued for services, value		$ 12,402,500
Consulting Agreement with Wild Cherry Limited, LLC
Common stock issued for services, shares		3,000,000
Common stock issued for services, value		$ 3,750,000
Shares issued to an individual
Common stock issued for services, shares		150,000
Common stock issued for services, value		$ 300,000
Consulting Agreement with Joseph Caywood (4)
Common stock issued for services, shares	2,050,000
Common stock issued for services, value	$ 2,050,000

10. INCOME TAXES (Details Narra

10. INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net operating loss carryforwards	$ 228,193	$ 209,527
Income taxes
Net operating loss carryforwards	$ 671,000
Federal tax rates	34.00%

11. CONTINGENCY (Details Narrat

11. CONTINGENCY (Details Narrative)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Lawsuit terms	On May 20, 2014, the Company was served in a Utah lawsuit entitled “Robert Denman, Plaintiff, v. JPX Global, Inc., Joseph A. Caywood, and John D. Thomas, Defendents”. The lawsuit alleges breach of contract in connection with a December 2012 Stock Purchase Agreement (the “SPA”) between Robert Denman (“Denman”) and Joseph Caywood (“Caywood”). The lawsuit alleges that Caywood failed to pay Denman any of the $100,000 Promissory Note due February 28, 2013 which Denman received from Caywood as consideration for the agreed sale of 20,000,000 shares of common stock pursuant to the SPA and that the Company has not returned the 20,000,000 shares of common stock (which are still registered in the name of Denman) to Denman. On August 28, 2014, pursuant to a Motion to Dismiss filed by the Company on August 26, 2014, the Utah court dismissed all claims against the Company for lack of personal jurisdiction but retained jurisdiction over the 20,000,000 shares of common stock in question until the issuance of an appropriate, final order regarding the disposition thereof.