Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Schedule Of Property, Plant and Equipment Estimated Useful Life [Table Text Block]
Property and equipment are recorded at cost, less accumulated depreciation. Depreciation is calculated using the straight-line method over the related assets’ estimated useful lives:
 
Promotion Equipment
2 to 3 years
Production Equipment
2 to 3 years
Equipment, furniture and other      
2 to 3 years
Leasehold improvements          
lesser of related lease term or 5 years
Hoosier Fight Club Promotions, LLC [Member]  
Schedule Of Property, Plant and Equipment Estimated Useful Life [Table Text Block]
The estimated lives used to determine depreciation and amortization are:
 
Equipment
 
5 years
 
Computer equipment
 
3 years
 
PUNCH DRUNK, INC [Member]  
Schedule Of Property, Plant and Equipment Estimated Useful Life [Table Text Block]
The estimated lives used to determine depreciation and amortization are: 
 
Property and Equipment
 
 
5-7 years
 
Vehicles
 
 
5 years
 
Website
 
 
3 years
 
BANG TIME ENTERTAINMENT, LLC [Member]  
Schedule Of Property, Plant and Equipment Estimated Useful Life [Table Text Block]
The estimated lives used to determine depreciation and amortization are: 
 
Equipment
 
 
5 years
 
Go Fight Net, Inc [Member]  
Schedule Of Property, Plant and Equipment Estimated Useful Life [Table Text Block]
The Company computes depreciation and amortization using the straight-line method over the estimated useful lives of the assets acquired as follows:
 
Computers
 
3 years
Production Equipment
 
3 years
Video Library equipment
 
5 years
Vehicle
 
3 years