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12. Income Taxes
 6 Months Ended
Jun. 30, 2016
Related Party Transactions [Abstract]  
Income Taxes

During the six months ended June 30, 2016, it was determined that, after utilization of the Company’s net operating loss carry forwards, an estimated tax liability of $12,000 was likely to be due. At June 30, 2016, and December 31, 2015, the Company determined that a valuation allowance equal to 100% of any deferred tax asset was appropriate as management of the Company could not determine that it was more likely than not that the Company will realize the benefit of a net deferred tax asset. The net effect is that the deferred tax asset as of December 31, 2015, was fully reserved.

 

Management estimates the effective tax rate at 0% for the current year.