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NOTE 4 - INCOME TAXES
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6 Months Ended |
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Jun. 30, 2013
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| Income Tax Disclosure [Abstract] | |
| Income Tax Disclosure [Text Block] |
NOTE
4 - INCOME TAXES
As
of June 30, 2013, the Company had Federal net tax operating
loss carry forwards of approximately $316,551 available to
offset future taxable income. The carry forwards expire in
varying amounts through 2032.
The
Company had reserved a full deferred tax assets valuation
allowance so its balance sheet reported no deferred tax
assets as of June 30, 2013 and December 31, 2012 due to the
Company will not be realized in the foreseeable
future.
As
a result of the implementation of ASC 740, we recognized no
material adjustment to unrecognized tax benefits. We will
continue to classify income tax penalties and interest, if
any, as part of interest and other expenses in the statement
of operations. We have incurred no interest of penalties in
the six months ended June 30 2013, and 2012.
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