Globe Photos (GBPT) S-1/A 30 Apr 19 2018 FY IPO registration (amended) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Apr. 12, 2019	Jun. 29, 2018
Document And Entity Information
Entity Registrant Name	Globe Photos, Inc.
Entity Central Index Key	0001527844
Document Type	S-1
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 22,800,442
Entity Common Stock, Shares Outstanding		326,428,584
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018
Entity Emerging Growth Company	true
Entity Small Business	true
Entity Ex Transition Period	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash	$ 304,267	$ 1,297
Accounts receivable, net	559,255	44,548
Inventory, net	0	56,500
Prepaid expenses	21,513	12,765
Total Current Assets	885,035	115,110
Property and equipment, net	5,533,680	2,493,224
Security deposit	38,402	6,356
Intangible Assets, net	15,766,250	326,250
Total Assets	22,223,367	2,940,940
Current Liabilities
Accounts payable and accrued liabilities	2,462,563	540,947
Contingent purchase consideration	6,279,000	0
Payable to Photo File, Inc.	686,923	0
Payable to Globe Photos, Inc.	10,000	10,000
Due to related parties	287,455	147,113
Notes payable - related parties	635,675	456,235
Notes payable, net of debt discount	185,000	417,500
Deferred revenue	0	75,000
Derivative liability	0	9,195
Loans payable, net of unamortized discounts	481,784	738,805
Convertible notes, net of debt discount and issuance costs	1,389,163	0
Convertible notes - related party, net of debt discount	266,537	0
Total Current Liabilities	12,684,120	2,394,795
Total Liabilities	12,681,120	2,394,795
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; none issued and outstanding at December 31, 2018 and 2017.	0	0
Common stock par value $0.0001: 450,000,000 shares authorized; 326,428,583 and 326,428,583 issued and 325,218,583 and 325,570,524 outstanding as of December 31, 2018 and 2017	32,643	32,557
Additional paid in capital	10,114,075	4,124,243
Treasury stock; 0 and 258,823 shares as of December 31, 2018 and 2017	0	(88,000)
Accumulated deficit	(4,016,630)	(3,522,655)
Stockholders' equity attributable to Globe Photo, Inc.	6,130,088	546,145
Non controlling interest	3,409,159	0
Stockholders' Equity	9,539,247	546,145
Total Liabilities and Stockholders' Equity	$ 22,223,367	$ 2,940,940

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	450,000,000	450,000,000
Common stock, shares issued	326,428,583	326,428,583
Common stock, shares outstanding	325,218,583	325,570,524
Treasury Stock	0	258,823

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 30, 2017
Total revenue	$ 3,183,142		$ 939,252
Cost of revenue	2,605,694		780,409
Gross margin	577,448		158,843
Operating expenses
Product development, sales and marketing	453,364		317,568
General and administrative	4,998,506		611,403
Depreciation and amortization	35,980		61,543
Gain on sale of property and equipment	0		(50,000)
Total operating expenses	5,487,850		940,514
Loss from operations	(4,910,402)		(781,671)
Other income (expenses)
Loss of settlement of accrued liabilities	(208,322)	$ 0	0
Interest expense	(2,019,953)		(114,916)
Change in fair value of derivative liabilities	9,195		48,727
Bargain purchase gain on acquisition of Photo File assets	7,296,766		0
Other income (expenses)	5,075,586		(66,189)
Net Income (loss)	165,184	(847,860)	(847,860)
Net income (loss) attributable to noncontrolling interests	659,159		0
Net loss attributable to Globe Photos, Inc.	$ (493,975)	(847,860)	$ (847,860)
Per-share data
Income (loss) per share - basic and diluted	$ 0		$ 0
Weighted average number of common shares outstanding - basic and diluted	325,646,169		325,441,032
License Revenue [Member]
Total revenue	$ 567,553	259,212
Image Revenue [Member]
Total revenue	$ 2,615,589	$ 680,040

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($)	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Deficit	Noncontrolling Interest	Total
Beginning balance, shares	325,570,524
Beginning balance, value at Dec. 31, 2016	$ 32,557	$ 4,097,711	$ 0	$ (2,674,795)	$ 0	$ 1,455,473
Repurchase of shares, value			(88,000)			(88,000)
Options issued for the purchase of fixed assets		26,532				26,532
Net income (loss)				(847,860)		(847,860)
Ending balance, shares at Dec. 31, 2017	325,570,524
Ending balance, value at Dec. 31, 2017	$ 32,557	4,124,243	(88,000)	(3,522,655)	0	546,145
Beginning balance, shares	325,570,524
Beginning balance, shares	326,428,583
Repurchase and cancellation of shares, shares	(351,941)
Repurchase and cancellation of shares, value	$ (35)	(119,965)	88,000			(32,000)
Stock issued for cash, shares	1,000,000
Stock issued for cash, value	$ 100	24,900				25,000
Stock issued for settlement of accrued expenses, shares	210,000
Stock issued for settlement of accrued expenses, value	$ 210	23,079				23,100
Options issued for debt settlement and services		312,489				312,489
Beneficial conversion feature		2,956,704				2,956,704
Stock option issued for services		1,492,499				1,492,499
Warrants issued services		1,300,126				1,300,126
Noncontrolling interest granted on Photo File acquisision					2,750,000	2,750,000
Net income (loss)				(493,975)	659,159	165,184
Ending balance, shares at Dec. 31, 2018	326,428,583
Ending balance, value at Dec. 31, 2018	$ 32,643	$ 10,114,075	$ 0	$ (4,016,630)	$ 3,409,159	$ 6,130,088
Beginning balance, shares	326,428,583

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (loss)	$ 165,184	$ (847,860)
Adjustments to reconcile net loss to net cash used in operating activities:
Bad debt expense	129,204	0
Inventory reserve	56,500	0
Gain on bargain purchase options	(7,296,766)	0
Depreciation and amortization	1,016,969	451,246
Amortization of debt discount	1,670,480	34,193
Options issued for services	1,492,499	0
Warrant issued for services	1,300,126	0
Loss on settlement of accrued liabilities	208,322	0
Change in fair value of embedded derivative	(9,195)	(48,727)
Inventory allowance	0	10,741
Gain on sale of property and equipment	0	(50,000)
Changes in operating assets and liabilities:
Accounts receivable	(330,654)	46,953
Prepaid expenses	(8,748)	5,576
Inventory	0	(56,500)
Deposits	(32,046)	0
Deferred revenue	(250,000)	75,000
Due to related parties	0	(12,607)
Accounts payable and accrued liabilities	853,335	17,714
Net Cash Used In Operating Activities	(1,034,790)	(374,271)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of archival images, property and equipment	(37,425)	(30,851)
Proceeds for note receivable	0	50,000
Purchase of Photo File, Inc.	(1,515,000)	0
Net Cash Provided By (Used In) Investing Activities	(1,552,425)	19,149
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from loans payable	0	375,000
Repayment of loans payable	(96,801)	(7,041)
Proceeds from notes payable	150,000	35,000
Repayment of note payable	(170,000)	(125,000)
Repayment of note payable - related party	(33,060)	(15,049)
Proceeds from convertible notes payable, net	2,406,704	0
Proceeds from convertible notes payable, net - related party	500,000	0
Advances from related party	140,342	127,475
Proceeds from the sale of common stock	25,000	0
Purchase of treasury stock	(32,000)	(88,000)
Net Cash Provided By Financing Activities	2,890,185	302,385
Net Change in Cash	302,970	(52,737)
Cash - Beginning of Period	1,297	54,034
Cash - End of Period	304,267	1,297
Cash Paid During the Period for:
Interest	15,037	16,882
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Purchase of third party notes by related party	212,500	0
Options issued to settle accrued liabilities	104,157	0
Beneficial conversion feature on convertible debt	2,956,704	0
Options issued for purchase of fixed assets	3,282,500	26,532
Notes payable issued for the settlement of accounts payable	$ 50,000	$ 0
Share issued for settlement liability	23,100	0
Expenses paid on behalf of the company	$ 0	$ 21,000

1. Organization and Business Op

1. Organization and Business Operations	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business Operations	1. ORGANIZATION AND BUSINESS OPERATIONS Globe Photos, Inc. (“we”, “our”, or the “Company”) sells and manages classic and contemporary, limited edition photographic images and reproductions, with a focus on iconic celebrity images. The Company also makes available its images for publications and merchandizing. The Company aims to become a leading global photography marketing and distribution company by acquiring rights and ownership to collections of rare iconic negatives and photographs, and to establish worldwide wholesale and retail sales channels. On June 6, 2018, we filed a Certificate of Merger with the Secretary of State of Delaware in order to effectuate a merger with our wholly-owned subsidiary, Globe Photos, Inc. Shareholder approval was not required pursuant to the Delaware General Corporation Law. As part of the merger, our board of directors authorized a change in our name to “Globe Photos, Inc.” and our Certificate of Incorporation has been amended to reflect this name change. On October 11, 2018, we acquired substantially all of the assets of Photo File, Inc. (“Photo File”), a New York corporation, a 30-year-old New York-based licensed sports photography company. As part of the Photo File transaction, we acquired licenses to produce and sell licensed sports prints, lithographs and other related items for major U.S. sports leagues, including the NFL, NBA, MLB, and NHL Properties and their respective player associations, as well as most major college sports teams. We also gained licenses from thousands of individuals and organizations, including Babe Ruth, Joe Namath, Vince Lombardi, Marvel Entertainment, Nickelodeon and others. The acquisition also significantly expanded our collection of company-owned iconic sports photography. Going Concern The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. collection of company-owned iconic sports photography. Going Concern The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. Management evaluated all relevant conditions and events that are reasonably known or reasonably knowable, in the aggregate, as of the date the consolidated financial statements are issued and determined that substantial doubt exists about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on the Company’s ability to generate revenues and raise capital. The Company has not generated sufficient revenues from product sales to provide sufficient cash flows to enable the Company to finance its operations internally. As of December 31, 2018, the Company had $304,267 cash on hand. At December 31, 2018 the Company has an accumulated deficit of $4,016,630. For the twelve months ended December 31, 2018, the Company had a net loss of $493,975, and cash used in operations of $1,034,790. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Over the next twelve months the Company intends to invest its working capital resources in sales and marketing in order to increase the distribution and demand for its products. If the Company fails to generate sufficient revenue and obtain additional capital to continue at its expected level of operations, the Company may be forced to scale back or discontinue its sales and marketing efforts. However, there is no guarantee the Company will generate sufficient revenues or raise capital to continue operations. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

2. Significant Accounting Polic

2. Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements represent the results of operations, financial position and cash flows of Globe Photos, Inc. prepared on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America. The consolidated financial statements include the financial statements of the Company, and its 100% owned subsidiaries Capital Art, LLC, Globe Photos, LLC, and Photo File, LLC. All inter-company balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and also requires disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Fair Value of Financial Instruments The Company measures fair value in accordance with Accounting Standards Codification (“ASC”) 820 – Fair Value Measurements. ASC 820 defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurements. ASC 820 establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, ASC 820 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by ASC 820 are: Level 1 — Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 — Inputs (other than quoted market prices included in Level 1) are either directly or indirectly observable for the asset or liability through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life. Level 3 — Inputs reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model. Valuation of instruments includes unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. As defined by ASC 820, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale, which was further clarified as the price that would be received to sell an asset or paid to transfer a liability (“an exit price”) in an orderly transaction between market participants at the measurement date. The reported fair values for financial instruments that use Level 2 and Level 3 inputs to determine fair value are based on a variety of factors and assumptions. Accordingly, certain fair values may not represent actual values of the Company’s financial instruments that could have been realized as of December 31, 2018 or that will be recognized in the future, and do not include expenses that could be incurred in an actual settlement. The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, receivables from related parties, prepaid expenses and other, accounts payable, accrued liabilities, and related party and third party notes payables approximate fair value due to their relatively short maturities. The Company’s notes payable to related parties approximates the fair value of such instrument based upon management’s best estimate of terms that would be available to the Company for similar financial arrangements at December 31, 2018 and 2017. The carrying value of financial assets and liabilities recorded at fair value is measured on a recurring or nonrecurring basis. Financial assets and liabilities measured on a non-recurring basis are those that are adjusted to fair value when a significant event occurs. Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of December 31, 2018: Level 1 Level 2 Level 3 Total Liabilities Derivative Financial Instruments $ – $ – $ – $ – Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of December 31, 2017: Level 1 Level 2 Level 3 Total Liabilities Derivative Financial Instruments $ – $ – $ 9,195 $ 9,195 The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the derivative financial instruments, measured at fair value on a recurring basis using significant unobservable inputs: Amount Balance December 31, 2017 $ 9,195 Change in fair market value of derivative liability (9,195 ) Balance December 31, 2018 $ – Related parties The Company follows ASC 850, "Related Party Disclosures" for reporting activities with related parties. A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party. Accounts receivable, net The Company sells its products through various means, including distributors, auction houses, retailers, and via the internet. The Company also licenses its images to third parties for which royalty income is received by the Company. The Company continually monitors the collectability of its trade accounts receivables based on a combination of factors, including the aging of the accounts receivable, historical experience, and other currently available evidence and provides for an allowance for doubtful accounts equal to estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. There was an allowance for bad debt of $203,553 and $10,381 recorded during the years ended December 31, 2018 and 2017, respectively. Inventory Inventories are stated at the lower of cost (average cost) or market (net realizable value). Direct labor and raw material costs associated with the process of making the photos available for sale are also included in inventory at cost. These costs are expensed to cost of sales pro-ratably as sold. Our inventory reserve reflects items that were deemed to be defective or obsolete based on an analysis of all inventories on hand. As of December 31, 2018, and 2017, the Company has recorded allowance related to slow moving inventory in the amount of $611,789 and $128,194, respectively. Archival Images, and Property and Equipment Archival images, and property and equipment are recorded at cost for purchases over $500, and depreciated using the straight-line method over the estimated useful lives ranging from three to ten years. The Company capitalizes direct costs associated with improvements to archival images, and property and equipment in accordance with ASC 360 – Property, Plant, and Equipment. Leasehold improvements are amortized on a straight-line basis over the shorter of their useful life or the term of the related lease. Expenditures for ordinary repairs and maintenance are expensed as incurred. Business Combination The Company accounts for its business combination using the acquisition method of accounting in accordance with ASC 805 “Business Combinations”. The cost of an acquisition is measured as the aggregate of the acquisition date fair values of the assets transferred and liabilities incurred by the Company to the sellers and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. Alternatively, the excess of the (i) the fair value of the identifiable net assets of the acquire over (ii) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree is recorded as a gain on bargain purchase. Intangible Assets Intangible assets, consisting of content provider and photographic agreements, copyrights, trade name, non-competition, license agreements, and customer relationships, are accounted for in accordance with ASC 350 Intangibles - Goodwill and Other. Intangible assets that have finite lives are amortized using the straight-line method over their estimated useful lives of three to fifteen years. Impairment of Long-Lived Assets Long-lived assets, including intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. In such situations, long-lived assets are considered impaired when future undiscounted cash flows resulting the use of the asset and its eventual disposition are less than the asset’s carrying amount. In such situations, the asset is written down to the present value of the estimated future cash flows. Factors that are considered when evaluating long-lived assets for impairment include a current expectation that it is more likely than not that the long-lived asset will be sold significantly before the end of its useful life, a significant decrease in the market price of the long-lived asset, and a change in the extent of manner in which the long-lived asset is being used. Based on management’s assessment there were no impairments to its long-lived assets at December 31, 2018 and 2017. In the acquisition of Photo File, Inc. we acquired trade names which are considered to have indefinite lives. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Derivative Financial Instruments The Company accounts for derivative instruments in accordance with the provisions of ASC 815 - Derivatives Hedging: Embedded Derivatives. ASC 815 establishes accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts and for hedging activities. The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risk. Terms in agreements are reviewed to determine whether or not they contain embedded derivatives that are required under ASC 815 to be accounted for and separated from the host contract, and recorded on the balance sheet at fair value. The fair value of derivative liabilities is required to be revalued at each reporting date, with the corresponding changes in fair value recorded in current period operating results. Revenue Recognition On January 1, 2018, the Company adopted Topic 606 using the modified retrospective method applied to those contracts which were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. We did not have a cumulative impact as of January 1, 2018 due to the adoption of Topic 606 and there was not an impact to our consolidated statement of operations for the year ended December 31, 2018 as a result of applying Topic 606. We recognize revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which requires that five basic criteria be met before revenue can be recognized: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation. Revenue recognition occurs at the time product is shipped to customers, when control transfers to customers, provided there are no material remaining performance obligations required of the Company or any matters of customer acceptance. We only record revenue when collectability is reasonably assured. The Company’s other revenue represent payments based on net sales from brand licensees for content reproduction rights. These license agreements are held in conjunction with third parties that are responsible for collecting fees due and remitting to the Company its share after expenses. Revenue from licensed products is recognized when realized or realizable based on royalty reporting received from licensees. Shipping and Handling Shipping and handling activities that occur after control over a product has transferred to a customer are accounted for as fulfillment activities rather than performance obligations, as allowed under a practical expedient provided by Topic 606. The shipping and handling fees charged to customers are recognized as revenue and the related costs are included in cost of revenue at the point in time when ownership amd control of the product is transferred to the customer. Royalty expenses Royalty expense related to our license agreements, which are generally based on a percentage of our actual net sales for the agreement or a contractually determined minimum royalty amount, are recorded based upon the guaranteed minimum levels and adjusted based on net sales of the licensed products, as appropriate. In some cases, we may be required to make certain up-front payments for the license rights, which are deferred and recognized as royalty expense over the term of the license agreement. Stock-based Compensation The Company recognizes stock-based compensation issued to employees in accordance with ASC 718 – Compensation: Stock Compensation, based on the fair value of the equity instrument in exchange for employee services and the resulting recognition of compensation expense. The Company’s accounts for stock-based payment transactions with nonemployees for services in accordance with ASC 50-550 Equity: Equity-based Payments to Non-Employees. If the fair value of the services received in a stock-based payment with nonemployees is more reliably measurable than the fair value of the equity instrument issued, the fair value of the services received is used to measure the transaction. Conversely, if the fair value of the equity instruments issued in a stock-based transaction with nonemployees is more reliably measurable than the fair value of the consideration received, the transaction is measured at the fair value of the equity instruments issued. The Company recognizes an increase in equity or a liability, depending on whether the equity instruments granted have satisfied the equity or liability classification criteria. Advertising The Company expenses the cost of advertising, including promotional expenses, as incurred. Advertising expenses for the twelve months ended December 31, 2018 and 2017 was $103,249 and $1,824, respectively. Income Taxes The Company’s calculation of its tax liabilities involves dealing with uncertainties in the application of complex tax laws and regulations in various taxing jurisdictions. The Company recognizes tax liabilities for uncertain tax positions based on management’s estimate of whether it is more likely than not that additional taxes will be required. The Company had no uncertain tax positions as of December 31, 2018 and 2017. Deferred income taxes are recognized in the consolidated financial statements for the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts based on enacted tax laws and statutory tax rates. Temporary differences arise from net operating losses, differences in depreciation methods of archived images, and property and equipment, stock-based and other compensation, and other accrued expenses. A valuation allowance is established when it is determined that it is more likely than not that some or all of the deferred tax assets will not be realized. The application of tax laws and regulations is subject to legal and factual interpretation, judgment and uncertainty. Tax laws and regulations themselves are subject to change as a result of changes in fiscal policy, changes in legislation, the evolution of regulations and court rulings. Therefore, the actual liability for U.S., or the various state jurisdictions, may be materially different from management’s estimates, which could result in the need to record additional tax liabilities or potentially reverse previously recorded tax liabilities. Interest and penalties are included in tax expense. The Company includes interest and penalties arising from the underpayment of income taxes in the statements of operation in the provision for income taxes. As of December 31, 2018, and 2017, the Company had no accrued interest or penalties related to uncertain tax positions. Concentrations of Credit Risk and Financial Instruments Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and accounts receivable. The Company’s cash balances are placed at financial institutions, which at times, may exceed federally insured limits. Generally, these deposits may be redeemed upon demand and, therefore, bear minimal risk. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risk on cash. Basic and Diluted Loss per Share The Company computes loss per share in accordance with ASC 260 - Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the consolidated statements of operations. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible notes payable using the if-converted method. Diluted EPS excludes all dilutive potential shares if their effect is antidilutive. During periods of net loss, all common stock equivalents are excluded from the diluted EPS calculation because they are antidilutive. As of December 31, 2018, the Company has common stock equivalents related to options and warrants outstanding to acquire 26,553,333,000 shares of the Company’s common stock and convertible notes payable which convert into 26,070,500 shares of common stock. Recent Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, “Leases” (“ASC 842”). The guidance requires lessees to recognize almost all leases on their balance sheet as a right-of-use asset and a lease liability. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Lessor accounting is similar to the current model, but updated to align with certain changes to the lessee model and the new revenue recognition standard. Existing sale-leaseback guidance, including guidance for real estate, is replaced with a new model applicable to both lessees and lessors. ASC 842 is effective for fiscal years beginning after December 15, 2018. The Company is evaluating the adoption of ASC 842, but has not determined the effects it may have on the Company’s financial statements. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230)”, requiring that the statement of cash flows explain the change in the total cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. This guidance is effective for fiscal years, and interim reporting periods therein, beginning after December 15, 2017 with early adoption permitted. Management evaluated ASU 2016-18 and determined that the adoption of this new accounting standard did not have a material impact on the Company’s consolidated financial statements. In June 2018, the FASB issued ASU 2018-07, "Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting," which modifies the accounting for share-based payment awards issued to nonemployees to largely align it with the accounting for share-based payment awards issued to employees. ASU 2018-07 is effective for us for annual periods beginning January 1, 2019. We do not expect the adoption of the standard will impact our financial position or results of operations. In August 2018, the FASB issued ASU 2018-15, "Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract," which allows for the capitalization of certain implementation costs incurred in a hosting arrangement that is a service contract. ASU 2018-15 allows for either retrospective adoption or prospective adoption to all implementation costs incurred after the date of adoption. ASU 2018-15 is effective for us for annual periods beginning January 1, 2020. We are currently evaluating the impact the adoption of this new standard will have on our financial position and results of operations. The Company has evaluated all other recent accounting pronouncements, and believes that none of them will have a material effect on the Company's financial position, results of operations or cash flows.

3. Globe Photos Asset Purchase

3. Globe Photos Asset Purchase Agreement	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Globe Photos Asset Purchase Agreement	3. GLOBE PHOTOS ASSET PURCHASE AGREEMENT On July 22, 2015, the Company entered into an Asset Purchase Agreement with Globe Photos, Inc. (“Globe”), a New York corporation, to purchase of substantially all of the assets of Globe, which principally comprises of photographer contracts granting the Company the right to exploit copyrights, digital and tangible photographs, and related copyrights and trademarks, of Globe Photos ( Globe Photos Assets) for total purchase price of $400,000 payable in $250,000 cash and $150,000 payable in the common stock of the Company. Per the agreement, $180,000 in cash was held in reserve by the Company against Globe’s full performance and compliance with all terms of the agreement. This amount is to be released to Globe at the rate of $10,000 per month beginning August 22, 2015. As of December 31, 2018, and 2017, the total reserve payable to Globe Photos, Inc. is $10,000. The Agreement called for the Common stock to be transferred to Globe sixty (60) days after closing subject to satisfaction of successful termination of certain subagent agreements by Globe. Globe retained these certain subagent agreements but was not able to successfully terminate these agreements. As such, the amount payable in common stock of the Company was reduced by $30,000, thereby reducing the total purchase price of the assets acquired from $400,000 to $370,000. Under the terms of the Agreement the Company issued 352,941 shares of its common stock based on the closing price of the Company’s common shares as traded on the OTC market on the measurement date July 22, 2015 of $0.34 per share for a total of $120,000. The Company evaluated the Asset Purchase Agreement in accordance with ASC 805 – Business Combinations which notes the threshold requirements of a business combination that includes the expanded definition of a “business” and defines elements that are to be present to be determined whether an acquisition of a business occurred. No “activities” of Globe were acquired. Instead, the Company obtained control of a set of inputs (the acquired assets). Thus, the Company determined agreement is an acquisition of assets, not an acquisition of a business in accordance with ASC 805. The total purchase price of $370,000 in connection with the assets acquired is included in archival images, and property and equipment, net, in the consolidated balance sheets. As a form of liquidity protection, Globe shall have limited put Warrants in connection with the common stock beginning eighteen (18) months after the closing date, whereas the Company shall have up to fifteen (15) successive monthly Warrants , with no less than thirty (30) days’ notice for each, which requires the Company to repurchase from Globe up to 1/15th of the shares of common stock in Globe’s possession that were granted in connection with the agreement, at a price per share equity to the market price per share ($0.34) on the effective date of the original share transfer to Globe. The exercise of any put option is not conditioned upon exercise of any prior put option. Beginning in January 2017, Globe exercised its option and elected to sell 1/15th of the shares of common stock for $8,000 per month. As of December 31, 2018, the Company has repurchased 352,941 shares from Globe for cash payments of $120,000.

4. Property and Equipment, Net

4. Property and Equipment, Net	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Archival Images, and Property and Equipment	4. PROPERTY AND EQUIPMENT, NET Property and equipment as of December 31, 2018 and 2017 comprise of the following: December 31, Estimated 2018 2017 Useful Lives Frank Worth Collection $ 2,770,000 $ 2,770,000 10 years Other archival images 4,562,266 939,343 5-10 years Leasehold improvements 12,446 12,446 7 years Computer and other equipment 87,189 72,687 3 – 5 years Furniture and fixtures 83,666 83,666 7 years 7,515,567 3,878,142 Less accumulated deprecation (1,981,887 ) (1 384,918) Total property and equipment, net $ 5,533,680 $ 2,493,224 Depreciation expense for the years ended December 31, 2018 and 2017 was $596,969 and $407,746, respectively.

5. Photo File Asset Purchase Ag

5. Photo File Asset Purchase Agreement	12 Months Ended
	Dec. 31, 2018
Investments, All Other Investments [Abstract]
Photo File Asset Purchase Agreement	5. PHOTO FILE ASSET PURCHASE AGREEMENT On October 11, 2018, the Company entered into a definitive Asset Purchase Agreement with Photo File, Inc., a New York corporation along with it related entity Sportophotos.com and Charles Singer, its CEO and principal shareholder (collectively, the “Seller”) wherein the Company acquired certain assets and assumed certain liabilities of the Seller in exchange for 2,000,000. In connection with the agreement, the Company paid $1,565,000 to the Seller as of December 31, 2018 toward the purchase price of the Asset Purchase Agreement. The final payment of $485,000 which was due was recorded as a payable to Photo file, Inc. as of December 31, 2018 in the consolidated balance sheet. As additional consideration the seller also received the following · A royalty to Seller that commences upon the initial $6,000,000 in sales from the Nevada subsidiary, with a fair value of $4,279,000. · 10% interest in the Nevada subsidiary that we have formed to house the assets Additionally, the seller has the endeavor to sell its Vintage Photographic Collection over time after Closing. If at the completion of the sale of the Vintage Photographic Collection, proceeds from net sales but before any expenses other than commissions are less than $2,000,000, the Company will pay the difference between the proceeds and $2,000,000 within 30 days. Any proceeds above $2,000,000 will be divided equally between Seller and the Company with the Seller will remitting 50% of the net proceeds after expenses of those sales within 30 days of their receipt. As of December 31, 2018, the Company has recorded the entire $2,000,000 as a contingent purchase consideration. The transaction was deemed to be an acquisition of a business and was accounted for under the acquisition method of accounting in accordance with the guidance in ASC 805 - “Business Combinations”. The following table summarizes the acquisition date fair value of the consideration paid, identifiable assets acquired and liabilities assumed. Cash 2,000,000 10% Interest in sub 2,750,000 Royalty payments 4,279,000 Contingent consideration 2,000,000 Total Purchase Price 11,029,000 Accounts Receivable 313,257 Other assets – Memorabilia 3,600,000 Copyright Image library 4,100,000 Trade name 340,000 Non-Compete agreement 90,000 Outbound license agreement 9,000,000 Customer relationships 2,330,000 Total Identifiable assets 19,773,257 Liabilities $ (1,447,491 ) Total liabilities assumed $ (1,447,491 ) Total net assets $ 18,325,766 Total bargain purchase gain $ (7,296,766 ) Pro Forma The following table below shows the unaudited pro-forma information which assumes that the acquisition had been completed as of January 1, 2017. For the years ended December 31, 2018 December 31, 2017 Total revenue 7,871,458 7,632,707 Cost of revenue 5,638,308 4,786,126 Gross margin 2,233,150 2,846,581 Total operating expenses 8,232,369 4,654,091 Other income (expenses) 5,051,898 (109,288 ) Net loss (947,321 ) (1,916,798 )

6. Intangible Assets, Net

6. Intangible Assets, Net	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	6. INTANGIBLE ASSETS, NET December 31, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Net book value Gross Carrying Amount Accumulated Amortization Net book value Intangible assets with determinable lives: Content provider and photographic agreements $ 400,000 $ 140,000 $ 260,000 $ 400,000 $ 60,000 $ 340,000 Memorabilia Inventory 35,000 12,250 22,750 35,000 5,250 29,750 Copyrighted Image Library 4,100,000 102,500 3,997,500 – – – Non-Compete and Non-Solicitation Covenants 90,000 7,500 82,500 – – – Trade name 340,000 – 340,000 – – – License agreements 9,000,000 150,000 8,850,000 – – – Customer relationships 2,330,000 116,500 2,213,500 – – – Total $ 16,295,000 $ 528,750 $ 15,766,250 $ 435,000 $ 65,250 $ 369,750 Total amortization expense for the twelve months ended December 31, 2018 and 2017 was $420,000 and $43,500, respectively and is included in cost of sales in the consolidated statements of operations. Estimated amortization expense over the next five years is $1,545,374 per year.

7. Notes Payable

7. Notes Payable	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Notes Payable	7. NOTES PAYABLE On September 28, 2015, the Company entered into a promissory note agreement for working capital purposes with an unrelated party for total proceeds of $150,000. Interest accrues at the rate of 10% per annum and is payable monthly beginning October 28, 2015. The note matured on September 28, 2016. Effective September 28, 2016, the note was extended to March 31, 2017 and is secured by approximately 240,000 vintage photographs. The note was further extended to July 31, 2017 and then to December 31, 2017. Effective March 30, 2018, the note was extended to June 30, 2018. Effective June 30, 2018 the note was extended to August 31, 2018. During the year ended December 31, 2018, the Company made a payment of $150,000 to settle principal balance of the note. On April 1, 2016, the Company entered into an unsecured promissory note agreement with unrelated parties for working capital purposes for total proceeds of $25,000. The promissory notes matured on December 1, 2017 and on March 30, 2018 was extended through June 30, 2018 and on June 30, 2018 was further extended to December 31, 201, and on December 31, 2018, the note was further extended to June 30, 2019. and bear interest at the rate of 6% per annum. Accrued interest payable due under the unsecured note agreement was $4,130 and $2,630 as of December 31, 2018 and 2017, respectively. On April 7, 2016, an unrelated party advanced the Company $75,000 plus an original issue discount of $25,000 for the purchase of a Marilyn Monroe archive. The advance is secured by the archive for which it was used and is to be repaid on or before April 7, 2017. As of May 3, 2017, the note was extended to December 31, 2017; on March 28, 2018, the note was extended to June 30, 2018; and on June 30, 2018, the note was further extended to September 30, 2018. The Company has agreed to pay 50% of the proceeds derived from the Marilyn Monroe archives up to a guaranteed total of $100,000. Once the $100,000 is paid, the Company has no further obligations. As of December 31, 2018 and 2017, a balance of $0 and $20,000 remains outstanding, respectively. On December 20, 2017, the Company entered into an on demand unsecured note with an unrelated party for working capital purposes for total proceeds of $10,000. As of December 31, 2018 and 2017, the note was still outstanding. On April 13, 2018, the Company entered into an unsecured promissory note agreement with an unrelated party for total proceeds of $150,000. The note is due upon demand and carried an interest rate of 15% and is guaranteed by a shareholder and director of the Company. Accrued interest payable due under the unsecured note agreement was $22,500 and $0 as of December 31, 2018 and 2017, respectively. The Company evaluated the modification of the notes resulting from the extensions in maturity dates under ASC 470-50 and determined that the modifications were not considered substantial and would not qualify for extinguishment accounting under such guidance.

8. Convertible Notes

8. Convertible Notes	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Convertible Notes	8. CONVERTIBLE NOTES From July 2018 to December 31, 2018, we issued convertible promissory notes in the aggregate principal amount of $2,782,050 to several accredited investors through a private placement. This includes the convertible note of $50,000 issued to settle an existing accounts payable. The convertible notes bear interest at a rate of 10% per annum, mature on April 30, 2019 and are secured by certain archival images owned by the Company. The notes and accrued interest are convertible at the option of the noteholder into our common stock at $0.10 per share but will mandatorily convert to common stock at the same price upon an up list to a national exchange and will have piggyback registration rights to register the shares of common stock underlying the conversion of the notes. The Company evaluated the convertible debentures under ASC 470-20 and recognized a debt discount of $2,456,704 related to the beneficial conversion feature (“BCF”) with a corresponding credit to additional paid-in capital. The debt discount is being accreted to interest expense over the term of the notes. As part of the private placement, the Company paid a consultant financing fees equivalent to 12% of the gross proceeds received from the issuance of convertible notes or $325,346 which was recorded as a debt discount and accreted to interest expense over the term of the notes. The Company is also required to issue an equity fee in the form of warrants with an exercise price of $0.10 per share equivalent to 10% of amounts raised. Likewise, upon receipt of $1.5 million proceeds from the financing, the Company is also required to issue 1 million warrants with an exercise price of $0.10 per share as a milestone bonus for reaching financing milestones goals. As of December 31, 2018, the Company has issued 6,500,000 warrants valued at $1,300,126 related to the equity fee and milestone bonuses. During the year ended December 31, 2018, the Company recorded interest expense of $2,019,203 of which $1,389,163 was related to the accretion of the debt discount and financing cost. As of December 31, 2018, the convertible notes are shown net of unamortized debt discount and financing cost of $1,392,887. On August 16, 2018, we issued a convertible promissory note with a principal amount of $500,000 to a company managed by one of our former directors. The note bear interest at a rate of 10% per annum, mature on April 30, 2019 and is secured by certain archival images owned by the Company. The note and accrued interest are convertible at the option of the noteholder into our common stock at $0.10 per share but will mandatorily convert to common stock at the same price upon an up list to a national exchange and will have piggyback registration rights to register the shares of common stock underlying the conversion of the notes. The Company evaluated the convertible debentures under ASC 470-20 and recognized a debt discount of $500,000 related to the BCF with a corresponding credit to additional paid-in capital. The debt discount is being accreted to interest expense over the term of the note. During the year ended December 31, 2018, the Company recorded interest expense of $285,304 of which $266,537 was related to the accretion of the debt discount. As of December 31, 2018, the convertible note is shown net of unamortized discount of $233,463.

9. Notes Payable to Related Par

9. Notes Payable to Related Parties	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Notes Payable to Related Parties	9. NOTES PAYABLE TO RELATED PARTIES In December 2015, the Company entered into a secured promissory note agreement with an unrelated party for working capital purposes for total proceeds of $120,000. The note bears interest at the rate of 10% per annum and is payable on the 1st day of each month commencing in February 2016. On February 15, 2016, the Company entered into an additional promissory note agreement with the same unrelated party for additional proceeds of $62,500 and under the same terms as the first note. As of December 31, 2018 and 2017, a balance of $162,500 on these two notes remains outstanding. Both notes are secured by certain inventory and archival images of the Company in the amount of up to $200,000. Accrued interest payable due under the unsecured note agreement was $50,662 and $34,412 as of December 31, 2018 and 2017, respectively. The notes matured on December 31, 2017; however, on January 22, 2018, the outstanding balance on the notes was purchased by a related party (ICONZ Art, LLC, beneficial interest shareholder) and the notes were extended to June 30, 2018 and on June 30, 2018 was extended indefinitely and will now be considered due on demand. All the accrued interest through the December 31, 2017, was still due to the original noteholder. On April 5, 2016, the Company entered into an unsecured promissory note agreement with unrelated parties for working capital purposes for total proceeds of $50,000. The promissory notes matured in December 2017 and bear interest at the rate of 6% per annum. However, on January 22, 2018, the outstanding balance on the notes was purchased by a related party and the notes were extended to June 30, 2018 and on June 30, 2018 was extended indefinitely and will now be considered due on demand. Accrued interest payable due under the unsecured note agreement was $8,227 and $5,227 as of December 31, 2018 and 2017, respectively. All the accrued interest through the December 31, 2017, was still due to the original noteholder. On August 1, 2013 the Company entered into an unsecured promissory note agreement with a related party Dino Satallante for $100,000. The loan bears interest at the rate of 5% per annum. During the year ended December 31, 2018, the Company made payment of $14,960. As of December 31, 2018 and 2017, $46,175 and $61,135 was outstanding under the unsecured promissory note agreement, respectively. Interest expense for the year ended December 31, 2018 and 2017 was $2,309 and $3,057 respectively. The loan matured on July 14, 2014 and was extended to July 31, 2016. Effective March 30, 2018, the note agreement was extended to June 30, 2018 and on June 30, 2018, the note was further extended to December 31, 2018 and on February 11, 2019 the note was further extended to December 31, 2019. Effective September 11, 2014 the Company entered into two separate unsecured promissory note agreements for $20,500 each with two related parties, Dreamstar an entity owned and controlled by Sam Battistone, a Company officer and director and a principal shareholder, and Dino Satallante, a beneficial interest shareholder of the Company, for working capital purposes. The loans bear interest at the rate of 6% per annum. The loans matured on September 10, 2015 and were extended to December 31, 2016. In December 2016, both loans were extended to December 31, 2017 and on March 30, 2018, the notes were extended to June 30, 2018 and on June 30, 2018, one of the note was further extended to December 31, 2018. The outstanding balance on the note issued to Dreamstar was fully paid during the year ended December 31, 2018. As of December 31, 2018, $20,500 and $0 was outstanding to Dino Satallante and Dreamstar, respectively. At December 31, 2017, $20,500 and $18,100 was outstanding to Dino Satallante and Dreamstar, respectively. Aggregate accrued interest in connection with the two unsecured promissory note agreements for the year ended December 30, 2018 and 2017 was $5,386 and 5,584. Effective July 21, 2015, the Company entered into a promissory note agreement with a related party Dino Satallante, a beneficial interest shareholder of the Company, for total proceeds of $160,000. The Company utilized $80,000 of the proceeds for payments due in connection with the Globe Photo assets acquired. The remainder of the proceeds were used for working capital purposes. The note matured on July 20, 2016, with monthly interest only payments commencing July 22, 2015. Interest accrues at the rate of 12% per annum. The note is secured by the Globe Photo Assets. Total interest expense in connection with the secured promissory note agreement for the years ended December 31, 2018 and 2017 is $19,200 and $19,200. Per the terms of the agreement the Company incurred loan fees totaling $8,000 which was fully amortized in 2016. Effective March 30, 2018 the note was extended to June 30, 2018, and on June 30, 2018, the note was further extended to December 31, 2018, nd on February 11, 2019 the note was further extended to December 31, 2019. On April 4, 2016 the Company entered into a secured promissory note agreement with Premier Collectibles, a beneficial interest shareholder for total proceeds of $65,000 to be used for acquisition of archive agreement. The promissory note bears interest at the rate of 8% per annum, is secured by the archive collection which the proceeds were used and matured on April 1, 2017. On March 30, 2018, the note was extended to June 30, 2018 and on June 30, 2018 was extended indefinitely and will now be considered due on demand. Interest expense on the note was $5,200 for both the years ended December 31, 2018 and 2017. On April 15, 2016, the Company entered into an unsecured promissory note agreement with Sean Goodchild, a beneficial interest shareholder, for total proceeds of $50,000. The promissory note bears interest at the rate of 6% per annum and matures on December 15, 2017, however, on January 22, 2018, the outstanding balance on the notes was purchased by another related party (ICONZ Art, LLC, beneficial interest shareholder) and the notes were extended to June 30, 2018 and on June 30, 2018 was extended indefinitely and will now be considered due on demand. Interest expense was $3,000 for both the years ended December 31, 2018 and 2017, respectively. All the accrued interest through the December 31, 2017, was still due to the original noteholder. On October 3, 2016, the Company entered into an unsecured promissory note agreement with Sean Goodchild, a beneficial interest shareholder, for total proceeds of $50,000. The promissory note bears interest at the rate of 6% per annum and matures on December 31, 2017, however, on January 22, 2018, the outstanding balance on the notes was purchased by another related party (ICONZ Art, LLC, beneficial interest shareholder) and the notes were extended to June 30, 2018 and on June 30, 2018 was extended indefinitely and will now be considered due on demand. Interest expense was $3,000 for both the years ended December 31, 2018 and 2017. On December 2, 2016, the Company entered into an unsecured promissory note agreement with Sean Goodchild, a beneficial interest shareholder, for total proceeds of $31,500. The promissory note bears interest at the rate of 6% per annum and matures on December 31, 2017, however, on January 22, 2018, the outstanding balance on the notes was purchased by another related party (ICONZ Art, LLC, beneficial interest shareholder) and the notes were extended to June 30, 2018 and on June 30, 2018 was extended indefinitely and will now be considered due on demand. Interest expense was $1,890 for both the years ended December 31, 2018 and 2017, respectively. The Company evaluated the modification of the notes resulting from the extensions in maturity dates under ASC 470-50 and determined that the modifications were not considered substantial and would not qualify for extinguishment accounting under such guidance.

10. Related Party Transactions

10. Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	10. RELATED PARTY TRANSACTIONS Due From/To Related Parties The following table summarizes amounts due to related parties for expenses paid for on the behalf of the Company as of December 31, 2018 and 2017. The amounts due are non-interest bearing and due upon demand. These amounts have been included in the consolidated balance sheets as current liabilities due to related parties, respectively. December 31, 2018 2017 Due to related parties: ICONZ Art, LLC, beneficial interest shareholder $ 259,392 $ 119,081 MSN Holding Co., beneficial interest shareholder 12,947 12,947 Premier Collectibles, beneficial interest shareholder 15,085 15,085 Total due to related parties $ 287,455 $ 147,113

11. Commitments and Contingenci

11. Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. COMMITMENTS AND CONTINGENCIES Proceeds from Auctions of Royalty Rights On March 8, 2016, the Company entered into a Listing Agreement with Royalty Network, LLC, doing business as Royalty Exchange for auction of a 50% ownership of photographic copyrights of certain celebrity archival images owned by the Company. In addition, the sale also assigns the winning bidder the right to receive 50% of the future share of income derived from the assigned images. During 2016, the Company received gross proceeds of $396,000, less 12.5% auction broker fee, from five separate auctions of these rights. The Company retains all exclusive licensing authority over the images and may exercise a buyback option to buy back the 50% ownership of the rights for two times the original auction proceeds over a period ranging from 1 to 2 years. The Company accounted for the 50% profit consideration for the above agreement in accordance with ASC 470-10-25 and 470-10-35 which requires amounts recorded as debt to be amortized under the interest method as described in ASC 835-30, Interest Method. The Company determined an effective interest rate based on future expected cash flows to be paid to the loan holders. This rate represents the discount rate that equates estimated cash flows with the initial proceeds received from the loan holders and is used to compute the amount of interest to be recognized each period. Estimating the future cash outflows under this agreement requires the Company to make certain estimates and assumptions about future revenues and such estimates are subject to significant variability. Therefore, the estimates are likely to change which may result in future adjustments to the accretion of the interest expense and the amortized cost based carrying value of the related loans. Accordingly, the Company has estimated the cash flows associated with the images and determined a discount of $151,316 which is being accounted as interest expense over a 10-year estimated life of the asset based on expected future revenue streams. For the year ended December 31, 2018 and 2017, interest expense related to these loans amounted to $14,781 and $21,028, respectively, which has been included in interest expense and a corresponding increase in loans payable. During the years ended December 31, 2018 and 2017, the Company made payments of $96,801 and $7,041 to the loan holders, respectively. As of December 31, 2018, loan payable net of unamortized debt discount amounted $481,785. Asset purchase agreements On March 3, 2017, the Company entered into an agreement to sell 20% of its ownership in a certain photographic archive asset for $200,000. As part of the agreement the buyer received preferential distributions of their entire purchase price of the asset. If, however the entire purchase price is not paid back after 24 months then all net revenues from the Company will be paid to the buyer until the full purchase price has been paid. On March 30, 2018, the Company entered into an addendum to the agreement to remove the preferential distributions clause from the agreement. Additionally, on May 1, 2018, the Company entered into a second addendum to the agreement whereby the Company agreed to repay the seller the total purchase price of $200,000 and 1,000,000 shares of common stock within 120 days of the effective date of the agreement. The Company valued the 1,000,000 shares at $100,000 as of the agreement date and recorded the value as interest expense during the year ended December 31, 2018. The Company accounted for the above transaction as debt and recognized the amount received as a loan payable. As of December 31, 2018, other debt, net of unamortized debt discount amounted to $200,000. On July 21, 2017, the Company entered into an agreement to sell 25% of its ownership in a certain photographic archive asset for $175,000. As part of the agreement the buyer received preferential distributions of their entire purchase price of the asset plus a 30% return. If, however the entire purchase price is not paid back after 24 months then all net revenues from the Company will be paid to the buyer until the full purchase price plus a 30% return has been paid. During the year ended December 31, 2018, the Company entered into an addendum to the agreement to remove the preferential distributions clause from the agreement. As such, the Company has reclassified the debt to revenue for the year ended December 31, 2018. License Agreements Effective June 1, 2016 the Company entered into three separate non-exclusive license agreements use of licensed images and trademarks through December 31, 2019. Under the terms of the agreements, the Company is required to pay royalties of 10% on net sales. The agreements call for combined annual guaranteed minimum royalties per year of $150,000 based on combined minimum sales of $1,500,000 per year. As of December 31, 2018, the Company has paid $75,000 toward the guaranteed royalties. With the acquisition of the assets of Photo File, Inc we acquired multiple license agreement with royalty rates rating between 6 – 16% and terms extending through December 31, 2021. As of December 31, 2018, the Company has paid $380,011 in royalty expenses associated with these agreements which has been included in cost of sales. Operating Lease Agreements On September 6, 2012 the Company entered into a 25-month operating lease agreement for approximately 4,606 square foot warehouse and office facilities located in Las Vegas, NV. Monthly base rent due under the agreement is $3,270, plus common area maintenance fees. The agreement calls for 3% annual increase in base rental payments. On October 10, 2014, the Company entered into a First Amendment to Lease agreement extending the lease term for 60-months, beginning November 1, 2014. All other terms of the agreement remain unchanged. The Company leases various corporate housing from unrelated third parties for terms that range from month-to-month to one year. The Company also rents office space on a month-to-month basis in New York at rate of $850 per month. As part of our acquisition of Photo File, while we did not assume the lease we assumed its existing lease payments as follows: we will pay 100% of the lease payments through December 31, 2018, and after December 31, 2018 we will pay 50% of the lease until the end of the lease term or until the lease may be terminated. Photo File's 43,000 square foot leased facility, located in Mount Kisco, NY. On January 30, 2007, Photo File signed a twelve year and nine-month lease, expiring on March 1, 2020, for approximately 43,000 square feet of office and warehouse space with rent starting at $41,988 per month with annual increases of 2% per year. Total rent expense for the year ended December 31, 2018 and 2017 was $238,238 and $40,930, respectively, in connection with the operating lease agreements. Future minimum lease payments are below: 2019 36,807 Total 36,807

12. Stockholders' Equity

12. Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Stockholders' Equity	12. STOCKHOLDERS’ EQUITY Preferred Stock The Company is authorized to issue up to 50,000,000 shares of preferred stock authorized with a par value of $0.0001. The Board of Directors is authorized, subject to any limitations prescribed by law, without further vote or action by the Company’s stockholders, to issue from time to time shares of preferred stock in one or more series. Each series of preferred stock will have such number of shares, designations, preferences, voting powers, qualifications and special or relative rights or privileges as shall be determined by the board of directors, which may include, among others, dividend rights, voting rights, liquidation preferences, and conversion rights. As of December 31, 2018, there were no shares of Preferred Stock issued and outstanding. Common Stock The Company is authorized to issue up to 450,000,000 shares of common stock with a par value of $0.0001. As of December 31, 2018, and 2017, there were 326,428,583 and 325,570,524 shares of common stock issued and outstanding, respectively. During the year ended December 30, 2018, the Company repurchased 94,118 shares of common stock for $32,000 related to the Globe Photos Asset Purchase Agreement entered on July 22, 2015. As of December 31, 2018, the Company has repurchased 351,941 shares from Globe for cash payments of $120,000 During the year ended December 31, 2018, the Company in connection with a consulting agreement issued 1,000,000 shares of common stock for $25,000. On October 11, 2018, the Company issued 210,000 shares of common stock valued at $23,100 for the settlement of consulting fees. STOCK WARRANTS On December 17, 2018, we granted 6,500,000 2-year warrants to various individuals in relation to our debt offering with exercise prices of $0.10 valued at $1,300,126 for services. The warrants above were valued using the Black-Scholes option pricing model. Assumptions used in the valuation include the following: a) market value of stock on measurement date of $0.21; b) risk-free rate of 2.72%; c) volatility factor of 359.82%; d) dividend yield of 0% The following is a summary of stock warrant activity during the year ended December 31, 2018. Number of Shares Weighted Average Exercise Price Balance, December 31, 2017 – $ – Warrants granted and assumed 6,500,000 $ 0.10 Warrants expired – – Warrants canceled – – Warrants exercised – – Balance outstanding, December 31, 2018 6,500,000 $ 0.10 Balance exercisable, December 31, 2018 6,500,000 $ 0.10 As of December 31, 2018, the outstanding warrants have a weighted average remaining term of was 1.95 years and an intrinsic value of $845,000. STOCK OPTIONS The following is a summary of stock option activity during the year ended December 31, 2018: On June 1, 2018, the Company granted 2,183,333, 10-year stock Options of which 2,083,333 was in lieu of common stock with exercise prices of $0.01 valued at $327,488 for services and settlement of $104,167 in accrued liabilities. The difference between the fair value of the Options and accrued liability was recorded as a loss on settlement of accrued liability in the amount of $208,322 during the year ended December 31, 2018. The Options were valued using the Black-Scholes option pricing model. Assumptions used in the valuation include the following: a) market value of stock on measurement date of $0.15; b) risk-free rate of 2.89%; c) volatility factor of 238%; d) dividend yield of 0% On October 24, 2018, we granted Shamar Tobias, our Chief Financial Officer 2,000,000 five-year stock Options at an exercise price of $0.10 per share valued $297,715. 500,000 option shares are vested on the date of grant and 500,000 option shares vest every six months of service thereafter up to the maximum of 2,000,000 option shares. On November 15, 2018, we granted Daniel DiEdwardo our Chief Operating Officer 5,250,000 ten-year option to purchase at an exercise price of $0.05 per share valued at $577,500. The option is 100% vested on issuance. On November 15, 2018, we granted Scott Black our Chief Legal Officer 7,500,000 ten-year option to purchase at an exercise price of $0.05 per share valued at $825,000. The option is 100% vested on issuance. On December 30, 2018, we granted, 3,000,000 5-year cashless Options to our investor relations firm with an exercise price of $0.20 valued at $744,501 for services. The options above were valued using the Black-Scholes option pricing model. Assumptions used in the valuation include the following: a) market value of stock on measurement date of $0.11- $0.25; b) risk-free rate of 2.65 – 3.11%; c) volatility factor of 230-314%; d) dividend yield of 0% Summary of option activity as of December 31, 2018 is presented below: Number of Shares Weighted Average Exercise Price Balance, December 31, 2016 – – Options granted and assumed 100,000 $ 0.10 Options expired – – Options canceled – – Options exercised – – Balance, December 31, 2017 100,000 $ 0.10 Options granted and assumed 19,933,333 $ 0.02 Options expired – – Options canceled – – Options exercised – – Balance exercisable, December 31, 2018 15,533,333 $ 0.07 As of December 31, 2018, the outstanding options have a weighted average remaining term of was 8.55 years and an intrinsic value of $3,138,333.

13. Income Taxes

13. Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	13. INCOME TAXES Significant components of the Company’s deferred tax assets and liabilities for federal and state income taxes as of December 31, 2018 and 2017 are as follows: December 31, 2018 2017 Deferred tax assets: Net operating loss $ 104,000 $ 766,000 Provisions and accrued liabilities – 29,000 Deferred tax liabilities: Total deferred tax asset 104,000 795,000 Less valuation allowance (104,000 ) (795,000 ) Net deferred tax asset $ – $ – As of December 31, 2018 and 2017, the Company had gross federal net operating loss carryforwards of approximately $4,140,000 and $3,646,000, respectively. The Company expects the limitation placed on the federal net operating loss carryforwards prior to the ownership change will likely expire unused. As of December 31, 2018, all tax years are open for examination by the taxing authorities. Due to the enactment of the Tax Reform Act of 2017, the corporate tax rate for those tax years beginning with 2018 has been reduced to 21%.

14. Subsequent Events

14. Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	14. SUBSEQUENT EVENTS Subsequent to December 31, 2018, the Company issued additional convertible notes to accredited investors totaling to $590,880. The notes mature on April 30, 2019, bear interest at the rate of 10% per annum, and are convertible along with accrued interest at $0.10 per share at the option of the note holders. In connection with the private placement, the Company paid a consultant fees of $84,106. On February 22, 2019, the Company entered into an asset purchase agreement to purchase various images, prints, slides, negatives, and transparencies for $100,000. Additionally, the Company assumed the lease where the assets are located at a cost of approx. $10,500 per year and agreed to pay a 10% royalty on all reproduction print sold. On February 19, 2012 the Company extended the operating lease agreement for the lease originally entered into September 6, 2012 for an additional 24 months.

2. Significant Accounting Pol_2

2. Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements represent the results of operations, financial position and cash flows of Globe Photos, Inc., Inc. prepared on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America. The consolidated financial statements include the financial statements of the Company, and its 100% owned subsidiaries Capital Art, LLC, Globe Photos, LLC, and Photo File, LLC. All inter-company balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and also requires disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company measures fair value in accordance with Accounting Standards Codification (“ASC”) 820 – Fair Value Measurements. ASC 820 defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurements. ASC 820 establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, ASC 820 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by ASC 820 are: Level 1 — Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 — Inputs (other than quoted market prices included in Level 1) are either directly or indirectly observable for the asset or liability through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life. Level 3 — Inputs reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model. Valuation of instruments includes unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. As defined by ASC 820, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale, which was further clarified as the price that would be received to sell an asset or paid to transfer a liability (“an exit price”) in an orderly transaction between market participants at the measurement date. The reported fair values for financial instruments that use Level 2 and Level 3 inputs to determine fair value are based on a variety of factors and assumptions. Accordingly, certain fair values may not represent actual values of the Company’s financial instruments that could have been realized as of December 31, 2018 or that will be recognized in the future, and do not include expenses that could be incurred in an actual settlement. The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, receivables from related parties, prepaid expenses and other, accounts payable, accrued liabilities, and related party and third party notes payables approximate fair value due to their relatively short maturities. The Company’s notes payable to related parties approximates the fair value of such instrument based upon management’s best estimate of terms that would be available to the Company for similar financial arrangements at December 31, 2018 and 2017. The carrying value of financial assets and liabilities recorded at fair value is measured on a recurring or nonrecurring basis. Financial assets and liabilities measured on a non-recurring basis are those that are adjusted to fair value when a significant event occurs. Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of December 31, 2018: Level 1 Level 2 Level 3 Total Liabilities Derivative Financial Instruments $ – $ – $ – $ – Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of December 31, 2017: Level 1 Level 2 Level 3 Total Liabilities Derivative Financial Instruments $ – $ – $ 9,195 $ 9,195 The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the derivative financial instruments, measured at fair value on a recurring basis using significant unobservable inputs: Amount Balance December 31, 2017 $ 9,195 Change in fair market value of derivative liability (9,195 ) Balance December 31, 2018 $ –
Related Parties	Related parties The Company follows ASC 850, "Related Party Disclosures" for reporting activities with related parties. A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.
Accounts receivable, net	Accounts receivable, net The Company sells its products through various means, including distributors, auction houses, retailers, and via the internet. The Company also licenses its images to third parties for which royalty income is received by the Company. The Company continually monitors the collectability of its trade accounts receivables based on a combination of factors, including the aging of the accounts receivable, historical experience, and other currently available evidence and provides for an allowance for doubtful accounts equal to estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. There was an allowance for bad debt of $203,553 and $10,381 recorded during the years ended December 31, 2018 and 2017, respectively.
Inventory	Inventory Inventories are stated at the lower of cost (average cost) or market (net realizable value). Direct labor and raw material costs associated with the process of making the photos available for sale are also included in inventory at cost. These costs are expensed to cost of sales pro-ratably as sold. Our inventory reserve reflects items that were deemed to be defective or obsolete based on an analysis of all inventories on hand. As of December 31, 2018, and 2017, the Company has recorded allowance related to slow moving inventory in the amount of $611,789 and $128,194, respectively.
Archival Images, and Property and Equipment	Archival Images, and Property and Equipment Archival images, and property and equipment are recorded at cost for purchases over $500, and depreciated using the straight-line method over the estimated useful lives ranging from three to ten years. The Company capitalizes direct costs associated with improvements to archival images, and property and equipment in accordance with ASC 360 – Property, Plant, and Equipment. Leasehold improvements are amortized on a straight-line basis over the shorter of their useful life or the term of the related lease. Expenditures for ordinary repairs and maintenance are expensed as incurred.
Business Combination	Business Combination The Company accounts for its business combination using the acquisition method of accounting in accordance with ASC 805 “Business Combinations”. The cost of an acquisition is measured as the aggregate of the acquisition date fair values of the assets transferred and liabilities incurred by the Company to the sellers and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. Alternatively, the excess of the (i) the fair value of the identifiable net assets of the acquire over (ii) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree is recorded as a gain on bargain purchase.
Intangible Assets	Intangible Assets Intangible assets, consisting of content provider and photographic agreements, copyrights, trade name, non-competition, license agreements, and customer relationships, are accounted for in accordance with ASC 350 Intangibles - Goodwill and Other. Intangible assets that have finite lives are amortized using the straight-line method over their estimated useful lives of three to fifteen years.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Long-lived assets, including intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. In such situations, long-lived assets are considered impaired when future undiscounted cash flows resulting the use of the asset and its eventual disposition are less than the asset’s carrying amount. In such situations, the asset is written down to the present value of the estimated future cash flows. Factors that are considered when evaluating long-lived assets for impairment include a current expectation that it is more likely than not that the long-lived asset will be sold significantly before the end of its useful life, a significant decrease in the market price of the long-lived asset, and a change in the extent of manner in which the long-lived asset is being used. Based on management’s assessment there were no impairments to its long-lived assets at December 31, 2018 and 2017. In the acquisition of Photo File, Inc. we acquired trade names which are considered to have indefinite lives. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired.
Derivative Financial Instruments	Derivative Financial Instruments The Company accounts for derivative instruments in accordance with the provisions of ASC 815 - Derivatives Hedging: Embedded Derivatives. ASC 815 establishes accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts and for hedging activities. The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risk. Terms in agreements are reviewed to determine whether or not they contain embedded derivatives that are required under ASC 815 to be accounted for and separated from the host contract, and recorded on the balance sheet at fair value. The fair value of derivative liabilities is required to be revalued at each reporting date, with the corresponding changes in fair value recorded in current period operating results.
Revenue Recognition	Revenue Recognition On January 1, 2018, the Company adopted Topic 606 using the modified retrospective method applied to those contracts which were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. We did not have a cumulative impact as of January 1, 2018 due to the adoption of Topic 606 and there was not an impact to our consolidated statement of operations for the year ended December 31, 2018 as a result of applying Topic 606. We recognize revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which requires that five basic criteria be met before revenue can be recognized: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation. Revenue recognition occurs at the time product is shipped to customers, when control transfers to customers, provided there are no material remaining performance obligations required of the Company or any matters of customer acceptance. We only record revenue when collectability is reasonably assured. The Company’s other revenue represent payments based on net sales from brand licensees for content reproduction rights. These license agreements are held in conjunction with third parties that are responsible for collecting fees due and remitting to the Company its share after expenses. Revenue from licensed products is recognized when realized or realizable based on royalty reporting received from licensees.
Shipping and Handling	Shipping and Handling Shipping and handling activities that occur after control over a product has transferred to a customer are accounted for as fulfillment activities rather than performance obligations, as allowed under a practical expedient provided by Topic 606. The shipping and handling fees charged to customers are recognized as revenue and the related costs are included in cost of revenue at the point in time when ownership amd control of the product is transferred to the customer.
Royalty expenses	Royalty expenses Royalty expense related to our license agreements, which are generally based on a percentage of our actual net sales for the agreement or a contractually determined minimum royalty amount, are recorded based upon the guaranteed minimum levels and adjusted based on net sales of the licensed products, as appropriate. In some cases, we may be required to make certain up-front payments for the license rights, which are deferred and recognized as royalty expense over the term of the license agreement.
Stock-based Compensation	Stock-based Compensation The Company recognizes stock-based compensation issued to employees in accordance with ASC 718 – Compensation: Stock Compensation, based on the fair value of the equity instrument in exchange for employee services and the resulting recognition of compensation expense. The Company’s accounts for stock-based payment transactions with nonemployees for services in accordance with ASC 50-550 Equity: Equity-based Payments to Non-Employees. If the fair value of the services received in a stock-based payment with nonemployees is more reliably measurable than the fair value of the equity instrument issued, the fair value of the services received is used to measure the transaction. Conversely, if the fair value of the equity instruments issued in a stock-based transaction with nonemployees is more reliably measurable than the fair value of the consideration received, the transaction is measured at the fair value of the equity instruments issued. The Company recognizes an increase in equity or a liability, depending on whether the equity instruments granted have satisfied the equity or liability classification criteria.
Advertising	Advertising The Company expenses the cost of advertising, including promotional expenses, as incurred. Advertising expenses for the twelve months ended December 31, 2018 and 2017 was $103,249 and $1,824, respectively.
Income Taxes	Income Taxes The Company’s calculation of its tax liabilities involves dealing with uncertainties in the application of complex tax laws and regulations in various taxing jurisdictions. The Company recognizes tax liabilities for uncertain tax positions based on management’s estimate of whether it is more likely than not that additional taxes will be required. The Company had no uncertain tax positions as of December 31, 2018 and 2017. Deferred income taxes are recognized in the consolidated financial statements for the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts based on enacted tax laws and statutory tax rates. Temporary differences arise from net operating losses, differences in depreciation methods of archived images, and property and equipment, stock-based and other compensation, and other accrued expenses. A valuation allowance is established when it is determined that it is more likely than not that some or all of the deferred tax assets will not be realized. The application of tax laws and regulations is subject to legal and factual interpretation, judgment and uncertainty. Tax laws and regulations themselves are subject to change as a result of changes in fiscal policy, changes in legislation, the evolution of regulations and court rulings. Therefore, the actual liability for U.S., or the various state jurisdictions, may be materially different from management’s estimates, which could result in the need to record additional tax liabilities or potentially reverse previously recorded tax liabilities. Interest and penalties are included in tax expense. The Company includes interest and penalties arising from the underpayment of income taxes in the statements of operation in the provision for income taxes. As of December 31, 2018, and 2017, the Company had no accrued interest or penalties related to uncertain tax positions.
Concentrations of Credit Risk and Financial Instruments	Concentrations of Credit Risk and Financial Instruments Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and accounts receivable. The Company’s cash balances are placed at financial institutions, which at times, may exceed federally insured limits. Generally, these deposits may be redeemed upon demand and, therefore, bear minimal risk. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risk on cash.
Basic and Diluted Loss per Share	Basic and Diluted Loss per Share The Company computes loss per share in accordance with ASC 260 - Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the consolidated statements of operations. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible notes payable using the if-converted method. Diluted EPS excludes all dilutive potential shares if their effect is antidilutive. During periods of net loss, all common stock equivalents are excluded from the diluted EPS calculation because they are antidilutive. As of December 31, 2018, the Company has common stock equivalents related to options and warrants outstanding to acquire 26,553,333,000 shares of the Company’s common stock and convertible notes payable which convert into 26,070,500 shares of common stock.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, “Leases” (“ASC 842”). The guidance requires lessees to recognize almost all leases on their balance sheet as a right-of-use asset and a lease liability. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Lessor accounting is similar to the current model, but updated to align with certain changes to the lessee model and the new revenue recognition standard. Existing sale-leaseback guidance, including guidance for real estate, is replaced with a new model applicable to both lessees and lessors. ASC 842 is effective for fiscal years beginning after December 15, 2018. The Company is evaluating the adoption of ASC 842, but has not determined the effects it may have on the Company’s financial statements. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230)”, requiring that the statement of cash flows explain the change in the total cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. This guidance is effective for fiscal years, and interim reporting periods therein, beginning after December 15, 2017 with early adoption permitted. Management evaluated ASU 2016-18 and determined that the adoption of this new accounting standard did not have a material impact on the Company’s consolidated financial statements. In June 2018, the FASB issued ASU 2018-07, "Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting," which modifies the accounting for share-based payment awards issued to nonemployees to largely align it with the accounting for share-based payment awards issued to employees. ASU 2018-07 is effective for us for annual periods beginning January 1, 2019. We do not expect the adoption of the standard will impact our financial position or results of operations. In August 2018, the FASB issued ASU 2018-15, "Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract," which allows for the capitalization of certain implementation costs incurred in a hosting arrangement that is a service contract. ASU 2018-15 allows for either retrospective adoption or prospective adoption to all implementation costs incurred after the date of adoption. ASU 2018-15 is effective for us for annual periods beginning January 1, 2020. We are currently evaluating the impact the adoption of this new standard will have on our financial position and results of operations. The Company has evaluated all other recent accounting pronouncements, and believes that none of them will have a material effect on the Company's financial position, results of operations or cash flows.

2. Significant Accounting Pol_3

2. Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Financial Assets and Liabilities	Level 1 Level 2 Level 3 Total Liabilities Derivative Financial Instruments $ – $ – $ – $ – Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of December 31, 2017: Level 1 Level 2 Level 3 Total Liabilities Derivative Financial Instruments $ – $ – $ 9,195 $ 9,195
Changes in Fair Value of Deriviative Liability	Amount Balance December 31, 2017 $ 9,195 Change in fair market value of derivative liability (9,195 ) Balance December 31, 2018 $ –

4. Property and Equipment, Net

4. Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of archival images, property and equipment	December 31, Estimated 2018 2017 Useful Lives Frank Worth Collection $ 2,770,000 $ 2,770,000 10 years Other archival images 4,562,266 939,343 5-10 years Leasehold improvements 12,446 12,446 7 years Computer and other equipment 87,189 72,687 3 – 5 years Furniture and fixtures 83,666 83,666 7 years 7,515,567 3,878,142 Less accumulated deprecation (1,981,887 ) (1 384,918) Total property and equipment, net $ 5,533,680 $ 2,493,224

5. Photo File Asset Purchase _2

5. Photo File Asset Purchase Agreement (Tables)	12 Months Ended
	Dec. 31, 2018
Investments, All Other Investments [Abstract]
Identifiable assets and liabilities	Cash 2,000,000 10% Interest in sub 2,750,000 Royalty payments 4,279,000 Contingent consideration 2,000,000 Total Purchase Price 11,029,000 Accounts Receivable 313,257 Other assets – Memorabilia 3,600,000 Copyright Image library 4,100,000 Trade name 340,000 Non-Compete agreement 90,000 Outbound license agreement 9,000,000 Customer relationships 2,330,000 Total Identifiable assets 19,773,257 Liabilities $ (1,447,491 ) Total liabilities assumed $ (1,447,491 ) Total net assets $ 18,325,766 Total bargain purchase gain $ (7,296,766 )
Proforma information	For the years ended December 31, 2018 December 31, 2017 Total revenue 7,871,458 7,632,707 Cost of revenue 5,638,308 4,786,126 Gross margin 2,233,150 2,846,581 Total operating expenses 8,232,369 4,654,091 Other income (expenses) 5,051,898 (109,288 ) Net loss (947,321 ) (1,916,798 )

6. Intangible Assets (Tables)

6. Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	December 31, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Net book value Gross Carrying Amount Accumulated Amortization Net book value Intangible assets with determinable lives: Content provider and photographic agreements $ 400,000 $ 140,000 $ 260,000 $ 400,000 $ 60,000 $ 340,000 Memorabilia Inventory 35,000 12,250 22,750 35,000 5,250 29,750 Copyrighted Image Library 4,100,000 102,500 3,997,500 – – – Non-Compete and Non-Solicitation Covenants 90,000 7,500 82,500 – – – Trade name 340,000 – 340,000 – – – License agreements 9,000,000 150,000 8,850,000 – – – Customer relationships 2,330,000 116,500 2,213,500 – – – Total $ 16,295,000 $ 528,750 $ 15,766,250 $ 435,000 $ 65,250 $ 369,750

10. Related Party Transactions

10. Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Schedule of related party transactions	December 31, 2018 2017 Due to related parties: ICONZ Art, LLC, beneficial interest shareholder $ 259,392 $ 119,081 MSN Holding Co., beneficial interest shareholder 12,947 12,947 Premier Collectibles, beneficial interest shareholder 15,085 15,085 Total due to related parties $ 287,455 $ 147,113

11. Commitments and Contingen_2

11. Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Future minimum lease payments	2019 36,807 Total 36,807

12. Stockholders' Equity (Table

12. Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Stock Warrant Activity	Number of Shares Weighted Average Exercise Price Balance, December 31, 2017 – $ – Warrants granted and assumed 6,500,000 $ 0.10 Warrants expired – – Warrants canceled – – Warrants exercised – – Balance outstanding, December 31, 2018 6,500,000 $ 0.10 Balance exercisable, December 31, 2018 6,500,000 $ 0.10
Stock Option Activity	Number of Shares Weighted Average Exercise Price Balance, December 31, 2016 – – Options granted and assumed 100,000 $ 0.10 Options expired – – Options canceled – – Options exercised – – Balance, December 31, 2017 100,000 $ 0.10 Options granted and assumed 19,933,333 $ 0.02 Options expired – – Options canceled – – Options exercised – – Balance exercisable, December 31, 2018 15,533,333 $ 0.07

13. Income Taxes (Tables)

13. Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Deferred tax assets and liabilties	December 31, 2018 2017 Deferred tax assets: Net operating loss $ 104,000 $ 766,000 Provisions and accrued liabilities – 29,000 Deferred tax liabilities: Total deferred tax asset 104,000 795,000 Less valuation allowance (104,000 ) (795,000 ) Net deferred tax asset $ – $ –

1. Organization and Business _2

1. Organization and Business Operations (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 30, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash	$ 304,267	$ 1,297		$ 54,034
Accumulated deficit	(4,016,630)	(3,522,655)
Net loss	(493,975)	(847,860)	$ (847,860)
Cash used in operations	$ (1,034,790)	$ (374,271)

2. Fair Value of Financial Inst

2. Fair Value of Financial Instruments (Details - fair value) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Derivative Financial Instruments	$ 0	$ 9,195
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative Financial Instruments	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative Financial Instruments	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Financial Instruments	$ 0	$ 9,195

2. Fair Value of Financial In_2

2. Fair Value of Financial Instruments (Details - Level 3) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 3 [Member]	12 Months Ended
	Dec. 31, 2018USD ($)
Beginning balance	$ 9,195
Change in fair market value of derivative liability	(9,195)
Ending balance	$ 0

2. Significant Accounting Pol_4

2. Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Allowance for bad debt	$ 129,204	$ 0
Allowance for slow moving inventory	611,789	128,194
Impairment of long-lived assets	0	0
Advertising expense	103,249	1,824
Uncertain tax positions	$ 0	$ 0

3. Globe Photo Asset Purchase A

3. Globe Photo Asset Purchase Agreement (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)shares
Repurchase and cancellation of shares, value	$ 32,000
Globe [Member]
Repurchase and cancellation of shares, shares | shares	352,941
Repurchase and cancellation of shares, value	$ 120,000

4. Property and Equipment (Deta

4. Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property and equipment gross	$ 7,515,567	$ 3,878,142
Less accumulated deprecation	(1,981,887)	(1,384,918)
Total archival images, property and equipment, net	5,533,680	2,493,224
Leasehold Improvements [Member]
Property and equipment gross	$ 12,446	12,446
Estimated useful lives	7 years
Computer and other equipment [Member]
Property and equipment gross	$ 87,189	72,687
Estimated useful lives	3-5 years
Furniture and fixtures [Member]
Property and equipment gross	$ 83,666	83,666
Estimated useful lives	7 years
Frank Worth Collection [Member]
Property and equipment gross	$ 2,770,000	2,770,000
Estimated useful lives	10 years
Other archival images[Member]
Property and equipment gross	$ 4,562,266	$ 939,343
Estimated useful lives	5-10 years

4. Property and Equipment (De_2

4. Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Depreciation Expense	$ 596,969	$ 407,746

5. Photo File Asset Purchase _3

5. Photo File Asset Purchase Agreement (Details - Assumed from acquisition) - USD ($)	9 Months Ended	12 Months Ended
	Oct. 11, 2018	Dec. 31, 2018	Dec. 31, 2017
Cash		$ 1,515,000	$ 0
Total bargain purchase gain		$ (7,296,766)	$ 0
Trade Names [Member]
Finite lived intangibles	$ 340,000
Memorabilia [Member]
Finite lived intangibles	3,600,000
Copyright Image Library [Member]
Finite lived intangibles	4,100,000
Noncompete Agreements [Member]
Finite lived intangibles	90,000
Licensing Agreements [Member]
Finite lived intangibles	9,000,000
Customer Relationships [Member]
Finite lived intangibles	2,330,000
Photo File Inc. [Member]
Cash	2,000,000
10% Interest in sub	2,750,000
Royalty payments	4,279,000
Contingent consideration	2,000,000
Total Purchase Price	11,029,000
Accounts Receivable	313,257
Other assets	0
Total Identifiable assets	19,773,257
Total liabilities assumed	(1,447,491)
Total net assets	18,325,766
Total bargain purchase gain	$ (7,296,766)

5. Photo File Asset Purchase _4

5. Photo File Asset Purchase Agreement (Details - Pro Forma Information) - Photo File Inc. [Member] - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total revenue	$ 7,871,458	$ 7,632,707
Cost of revenue	5,638,308	4,786,126
Gross margin	2,233,150	2,846,581
Total operating expenses	8,232,369	4,654,091
Other income (expenses)	5,051,898	(109,288)
Net loss	$ (947,321)	$ (1,916,798)

6. Intangible Assets (Details)

6. Intangible Assets (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Intangible assets, gross	$ 435,000	$ 435,000
Accumulated amortization	141,375	62,250
Net Book Value	293,625	369,750
Trade Names [Member]
Intangible assets, gross	340,000	0
Accumulated amortization	0	0
Net Book Value	340,000	0
Content provider and photographic agreements [Member]
Intangible assets, gross	400,000	400,000
Accumulated amortization	140,000	60,000
Net Book Value	260,000	340,000
Memorabilia Inventory [Member]
Intangible assets, gross	35,000	35,000
Accumulated amortization	12,250	5,250
Net Book Value	22,750	29,750
Copyright Image Library [Member]
Intangible assets, gross	4,100,000	0
Accumulated amortization	102,500	0
Net Book Value	3,997,500	0
Noncompete Agreements [Member]
Intangible assets, gross	90,000	0
Accumulated amortization	7,500	0
Net Book Value	82,500	0
Licensing Agreements [Member]
Intangible assets, gross	9,000,000	0
Accumulated amortization	150,000	0
Net Book Value	8,850,000	0
Customer Relationships [Member]
Intangible assets, gross	2,330,000	0
Accumulated amortization	116,500	0
Net Book Value	$ 2,213,500	$ 0

6. Intangible Assets (Details N

6. Intangible Assets (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 420,000	$ 43,500
Amortization expense due current		1,545,374
Amortization expense year two		1,545,374
Amortization expense year three		1,545,374
Amortization expense year four		1,545,374
Amortization expense year five		$ 1,545,374

7. Note Payable (Details Narrat

7. Note Payable (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Repayment of note payable	$ 96,801	$ 7,041
Note Payable 1 [Member]
Debt issuance date	Sep. 28, 2015
Debt face amount	$ 150,000
Repayment of note payable	$ 150,000
Debt interest rate	10.00%
Note payable balance	$ 0
Note Payable 2 [Member]
Debt issuance date	Apr. 1, 2016
Debt face amount	$ 25,000
Debt maturity date	Jun. 30, 2019
Debt interest rate	6.00%
Accrued interest	$ 4,130	2,630
Note Payable 3 [Member]
Debt issuance date	Apr. 7, 2016
Debt face amount	$ 75,000
Debt maturity date	Sep. 30, 2018
Note payable balance	$ 0	20,000
Note Payable 4 [Member]
Debt issuance date	Dec. 20, 2017
Debt face amount	$ 10,000
Note payable balance	$ 10,000	$ 10,000
Note Payable 5 [Member]
Debt issuance date	Apr. 13, 2018
Debt face amount	$ 150,000
Debt interest rate	15.00%

8. Convertible Notes (Details N

8. Convertible Notes (Details Narrative) - Convertible Notes Payable [Member]	12 Months Ended
	Dec. 31, 2018USD ($)shares
Former Directors Company [Member]
Debt face amount	$ 500,000
Debt stated interest rate	10.00%
Debt maturity date	Apr. 30, 2019
Interest expense debt	$ 285,304
Note payable balance	233,463
Private Placement [Member]
Debt face amount	$ 2,782,050
Debt stated interest rate	10.00%
Beneficial conversion feature	$ 2,456,704
Payment of debt issuance costs	$ 325,346
Warrants issued with debt, shares | shares	6,500,000
Warrants issued with debt, value	$ 1,300,126
Interest expense debt	2,019,203
Note payable balance	$ 1,392,887

9. Notes Payable to Related P_2

9. Notes Payable to Related Parties (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Promissory Note 1 [Member]
Debt face amount	$ 162,500
Debt stated interest rate	10.00%
Note payable balance	$ 162,500	$ 162,500
Accrued interest	50,662	34,412
Promissory Note 2 [Member]
Debt face amount	$ 50,000
Debt stated interest rate	6.00%
Accrued interest	$ 8,227	522
Promissory Note 3 [Member] | Dino Satallante [Member]
Debt issuance date	Aug. 1, 2013
Debt face amount	$ 100,000
Debt stated interest rate	5.00%
Debt maturity date	Dec. 31, 2019
Interest expense debt	$ 2,309	3,057
Note payable balance	46,175	61,135
Repayment of note	14,960
Promissory Note 4 [Member] | Dino Satallante [Member]
Debt face amount	$ 20,500
Debt stated interest rate	6.00%
Note payable balance	$ 20,500	20,500
Promissory Note 5 [Member] | Dreamstar [Member]
Debt issuance date	Sep. 11, 2014
Debt face amount	$ 20,500
Debt stated interest rate	6.00%
Note payable balance	$ 0	18,100
Repayment of note	20,500
Promissory Note 4 and 5 [Member] | Satallante and Dreamstar [Member]
Interest expense debt	$ 5,386	5,584
Promissory Note 6 [Member] | Dino Satallante [Member]
Debt issuance date	Jul. 21, 2015
Debt face amount	$ 160,000
Debt maturity date	Dec. 31, 2019
Interest expense debt	$ 19,200	19,200
Promissory Note 7 [Member] | Premier Collectibles [Member]
Debt issuance date	Apr. 4, 2016
Debt face amount	$ 65,000
Debt stated interest rate	8.00%
Interest expense debt	$ 5,200	5,200
Promissory Note 8 [Member] | Sean Goodchild [Member]
Debt issuance date	Apr. 15, 2016
Debt face amount	$ 50,000
Debt stated interest rate	6.00%
Interest expense debt	$ 3,000	3,000
Promissory Note 9 [Member] | Sean Goodchild [Member]
Debt issuance date	Oct. 3, 2016
Debt face amount	$ 50,000
Debt stated interest rate	6.00%
Interest expense debt	$ 3,000	3,000
Promissory Note 10 [Member] | Sean Goodchild [Member]
Debt issuance date	Dec. 2, 2016
Debt face amount	$ 31,500
Debt stated interest rate	6.00%
Interest expense debt	$ 1,890	$ 1,890

10. Related Party Transaction_2

10. Related Party Transactions (Details - Due to related parties) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Due to related parties	$ 287,455	$ 147,113
ICONZ Art, LLC [Member]
Due to related parties	259,392	119,081
MSN Holding Co. [Member]
Due to related parties	12,947	12,947
Premier Collectibles [Member]
Due to related parties	$ 15,085	$ 15,085

11. Commitments and Contingen_3

11. Commitments and Contingencies (Details - Operating lease payments)	Dec. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
Future minimum lease payment 2019	$ 36,807
Future minimum lease payments total	$ 36,807

11. Commitments and Contingen_4

11. Commitments and Contingencies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Repayment of loans payable	$ 96,801	$ 7,041
Royalty expense	380,011
Rent expense	238,238	40,930
Asset Purchase Agreement [Member]
Loan payable	200,000
Interest expense	100,000
Debt reclassified to revenue	200,000
Royalty Network [Member]
Interest expense	14,781	21,028
Repayment of loans payable	96,801	$ 7,041
Loan payable	$ 481,785

12. Stockholders' Equity (Detai

12. Stockholders' Equity (Details - Warrant activity) - Warrants [Member]	12 Months Ended
	Dec. 31, 2018$ / sharesshares
Number of Warrants
Number of Warrants Outstanding, Beginning | shares	0
Number of Warrants Granted | shares	6,500,000
Number of Warrants Expired | shares	0
Number of Warrants canceled | shares	0
Number of Warrants Exercised | shares	0
Number of Warrants Outstanding, Ending | shares	6,500,000
Number of Warrants Exercisable, Ending | shares	6,500,000
Weighted Average Exercise Price
Weighted Average Exercise Price Outstanding, Beginning | $ / shares
Weighted Average Exercise Price Granted | $ / shares	0.10
Weighted Average Exercise Price Expired | $ / shares
Weighted Average Exercise Price canceled | $ / shares
Weighted Average Exercise Price Exercised | $ / shares
Weighted Average Exercise Price Outstanding, Ending | $ / shares	0.10
Weighted Average Exercise Price Exercisable | $ / shares	$ 0.10

12. Stockholders' Equity (Det_2

12. Stockholders' Equity (Details - Options) - Options [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Number of Options
Number of Options Outstanding, Beginning	100,000	0
Number of Options Granted	19,933,333	100,000
Number of Options Expired	0	0
Number of Options canceled	0	0
Number of Options Exercised	0	0
Number of Options Outstanding, Ending	20,033,333	100,000
Number of Options Exercisable, Ending	15,533,333
Weighted Average Exercise Price
Weighted Average Exercise Price Outstanding, Beginning	$ 0.10
Weighted Average Exercise Price Granted	0.02	0.10
Weighted Average Exercise Price Expired
Weighted Average Exercise Price Forfeited
Weighted Average Exercise Price Exercised
Weighted Average Exercise Price Outstanding, Ending	0.07	$ 0.10
Weighted Average Exercise Price Exercisable, Ending	$ 0.07

12. Stockholders' Equity (Det_3

12. Stockholders' Equity (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 30, 2017
Stock repurchased, value		$ 88,000
Payment for repurchase of shares	$ 32,000	88,000
Loss on settlement of liabilities	(208,322)	$ 0	$ 0
Warrants [Member]
Warrant value	$ 1,300,126
Weighted average remaining term	1 year 11 months 12 days
Warrant intrinsic value	$ 845,000
Options [Member]
Weighted average remaining term	8 years 6 months 18 days
Option intrinsic value	$ 3,138,833
Globe [Member]
Stock repurchased, shares	351,941
Payment for repurchase of shares	$ 120,000
Shamar Tobias [Member] | Options [Member]
Options granted	2,000,000
Fair value of options granted	$ 297,715
Daniel DiEdwardo [Member] | Options [Member]
Options granted	5,250,000
Fair value of options granted	$ 577,500
Scott Black [Member] | Options [Member]
Options granted	7,500,000
Fair value of options granted	$ 825,000
CMA [Member] | Options [Member]
Options granted	3,000,000
Fair value of options granted	$ 744,501
Globe Photo Asset Purchase Agreement [Member]
Stock repurchased, shares	94,118
Stock repurchased, value	$ 32,000
Consulting Agreement [Member]
Stock issued for services, shares	1,000,000
Stock issued for services, value	$ 25,000
Settlement of payable [Member]
Stock issued for settlement of consulting fees, shares	210,000
Stock issued for settlement of consulting fees, value	$ 23,100
Settlement of accrued liabilities [Member] | Options [Member]
Options granted	2,183,333
Fair value of options granted	$ 327,488
Loss on settlement of liabilities	$ (208,322)

12. Income Taxes (Details - Def

12. Income Taxes (Details - Deferred tax assets) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Net operating loss	$ 104,000	$ 766,000
Provisions and Accrued liabilities	0	29,000
Total deferred tax assets	104,000	795,000
Less valuation allowance	(104,000)	(795,000)
Net deferred tax asset	$ 0	$ 0

12. Income Taxes (Details Narra

12. Income Taxes (Details Narrative) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 4,140,000	$ 3,646,000