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Income Taxes
 9 Months Ended
Mar. 31, 2012
Income Taxes  
Income Tax Disclosure [Text Block]

NOTE 5  INCOME TAXES

 

No provision was made for federal income tax for the nine months ended March 31, 2010, since the Company had an operating loss.

 

Net operating loss carry forwards may be used to reduce taxable income through the year 2030. The availability of the Company’s net operating loss carry forwards are subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock.

 

The net operating loss carry forward for federal and state income tax purposes is approximately $56,708 generating a Federal deferred tax credit of $13,610 as of March 31, 2012. A 100% allowance of $13,610 has been established.