v3.5.0.2

Goodwill and Intangible Assets (Details Narrative) - USD ($) |  |  | 1 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | ---
Jul. 18, 2014 | Jul. 16, 2014 | Nov. 30, 2013 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015
Common stock issued for acquisition, shares |  |  |  | 3,000,000 |  |
Carrying amount net |  |  |  | $ 32,296 |  | $ 224,589
Amortization expense |  |  |  | 194,793 | $ 238,136 |
E-motion Apparel, Inc [Member] |  |  |  |  |  |
Agreement term |  |  | 5 years |  |  |
Working capital loan |  |  | $ 75,000 |  |  |
License fee |  |  | $ 300,000 |  |  |
Lexi Luu [Member] |  |  |  |  |  |
Percentage of acquisition of outstanding shares |  | 100.00% |  |  |  |
Common stock issued for acquisition, shares |  | 500,000,000 |  |  |  |
Subordinate term note amount |  | $ 300,000 |  |  |  |
Purchase price paid |  | 183,629 |  |  |  |
Intangible assets |  | $ 690,629 |  |  |  |
Carrying amount net |  |  |  | $ 14,192 |  | 186,376
Intangible assets estimated useful live |  |  |  | 2 years |  |
Emotion Apparel [Member] |  |  |  |  |  |
Percentage of acquisition of outstanding shares | 100.00% |  |  |  |  |
Common stock issued for acquisition, shares | 350,000,000 |  |  |  |  |
Subordinate term note amount | $ 300,000 |  |  |  |  |
Purchase price paid | 26,235 |  |  |  |  |
Intangible assets | $ 74,235 |  |  |  |  |
Carrying amount net |  |  |  | $ 1,728 |  | $ 20,236
Intangible assets estimated useful live |  |  |  | 2 years |  |

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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
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- Definition Amount of outstanding long-term debt or borrowing associated with any securities or credit agreement for which there has been a default in principal, interest, sinking fund, or redemption provisions, or any breach of covenant that existed at the end of the period and subsequently has not been cured. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(c)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition The current portion of nonphysical assets, excluding financial assets, if these assets are classified into the current and noncurrent portions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=65878427&loc=d3e1107-107759 + Details
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- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. + References No definition available. + Details
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- Definition Costs incurred and are directly related to generating license revenue. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(e)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3213-108585 + Details
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