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INCOME TAXES
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES

NOTE 4 – INCOME TAXES

 

The components of the Company’s provision for federal income tax for the periods ended March 31, 2026 and 2025 consist of the following:

 

   March 31, 2026   March 31, 2025 
Federal income tax benefit attributable to:          
Current operations  $13,637,645   $1,730,298 
Less: valuation allowance   (13,637,645)   (1,730,298)
Net provision for federal income taxes  $-   $- 

 

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows:

 

   March 31, 2026   March 31, 2025 
Deferred tax asset attributable to:          
Net operating loss carryover  $2,863,905   $363,363 
Less: valuation allowance   (2,863,905)   (363,363)
Net deferred tax asset  $-   $- 

 

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $13,637,645 as of March 31, 2026, for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years.