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INCOME TAXES
12 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
INCOME TAXES

NOTE 5.  INCOME TAXES

 

 

As of June 30, 2013

 

 

 

 

Deferred tax assets:

 

 

Net operating tax carryforward

$ 175,467

 

Tax rate

34%

 

Gross deferred tax assets

59,659

 

Valuation allowance

(59,659)

 

 

 

 

Net deferred tax assets

$ -0-

 

 
Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carryforwards are expected to be available to reduce taxable income.  As the achievement of required future taxable income is uncertain, the Company recorded a valuation allowance.