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Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

10.  Subsequent Events

On October 14, 2016, the Company entered into a share exchange agreement under which the company will acquire theMaven Network, Inc. (“Maven”) in an exchange of shares, whereby Maven will become a wholly owned subsidiary of the Company.  The number of shares of the Company to be issued for the equity of Maven will be determined by a formula, and it is anticipated that the Company will issue approximately 55% of its issued and outstanding common stock immediately after the transaction.  At the closing, it is agreed that one of Maven’s directors will become a director of the Company and several of their officers will also become officers of the Company under their current employment arrangements. The consummation of the acquisition is subject to various conditions precedent, as defined in the agreement, for each of the parties to the agreement. The Company anticipates the closing taking place within a few weeks.

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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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