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NOTE 14 - STOCKHOLDERS' DEFICIT (Tables) | 12 Months Ended
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Dec. 31, 2016
Equity [Abstract] |
Fair Value of Merger | The fair value of the assets acquired and liabilities assumed in the merger are as follows:
Assets acquired: |  |  |  |
Cash |  | $ | 1,347 |
Trade name and technology |  |  | 165,000 |
Customer relationships |  |  | 250,000 |
Goodwill |  |  | 1,163,816 |
Total assets |  |  | 1,580,163 |
Liabilities assumed: |  |  |  |
Accounts payable |  |  | 216,461 |
Loans payable |  |  | 748,426 |
Accrued expenses |  |  | 35,275 |
Accrued salary |  |  | 184,263 |
Deferred revenue |  |  | 1,809 |
Total liabilities |  |  | 1,186,234 |
Purchase price |  | $ | 393,929
Pro Forma Results of Operation | The following unaudited pro forma consolidated results of operations have been prepared as if the merger occurred on January 1, 2014:
|  | Three Months Ended March 31, |  |  | Year Ended December 31, |
|  | 2015 |  |  | 2014 |
Net Revenues |  | $ | 1,107,166 |  |  | $ | 4,603,768 |
Net Loss |  |  | (1,338,399 | ) |  |  | (3,049,378 | )
Net Loss per Share |  | $ | (.02 | ) |  | $ | (.05 | )

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