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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities

		Deductible
Deferred Tax Asset		Amount		Rate		Tax
Net Operating Loss Carryforward
Federal		175,120		34%			59,541
Temporary Differences
Related Party Interest		17,849		34%			6,068
Valuation Allowance							(65,609)
Deferred Tax Asset						$	—

Summary of Operating Loss Carryforwards

Operating Losses
Expires		Amount
2019		$	16,134
2020			6,828
2021			32,303
2022			26,635
2023			3,945
2024			6,207
2025			14,289
2026			8,906
2027			6,482
2028			6,716
2029			9,400
2030			7,668
2031			9,174
2032			9,513
2033			10,920
Total		$	175,120

Schedule of Effective Income Tax Rate Reconciliation

		Years ended June 30,
		2013			2012
Federal Statutory Income Tax Rate		15	%		15	%
Valuation Allowance		(15	%)		(15	%)
Effective income tax rate		0	%		0	%

Reconciliation of Unrecognized Tax Benefits

Balance as of July 1, 2012	$	0.00
Additions based on tax positions related to the current year		0.00
Reductions for tax positions of prior years		0.00
Reductions due to expiration of statute of limitations		0.00
Settlements with taxing authorities		0.00
Balance as of June 30, 2013	$	0.00

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

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Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization.

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