A Reconciliation Between The Amounts of Income Tax Benefit Determined by Applying The Applicable U.s. and State Statutory Income Tax Rate To Pre-tax Loss Is As Follows (Tables)

3 Months Ended

Sep. 30, 2012

Tables/Schedules

A Reconciliation Between The Amounts of Income Tax Benefit Determined by Applying The Applicable U.s. and State Statutory Income Tax Rate To Pre-tax Loss Is As Follows:

A reconciliation between the amounts of income tax benefit determined by applying the applicable U.S. and State statutory income tax rate to pre-tax loss is as follows:

                                                                                               As of                              As of

                                                                                  September 30,  2012         June 30, 2012

               Tax expense at the U.S.

                 statutory income tax                               $                35%                         (35%)

               Statutory state income tax                                               --                                 --

               Increase in valuation allowance                                35%                            35%

               Effective tax rate                                                              --                                 --