INCOME TAXES

6 Months Ended

Jun. 30, 2011

Income Tax Disclosure [Text Block]

NOTE 10 INCOME TAXES
For the six months ended June 30, 2011 and 2010, the Company has incurred net losses and, therefore, has no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. The cumulative net operating loss carry-forward is approximately $33,000 at June 30, 2011, and will begin to expire in the year 2024.

The provision for federal income tax consists of the following for the six months ended June 30:

	2011		2010
Federal income tax attributable to:
Current operations	$	—	$	—
Less: valuation allowance		—		—
Net provision for Federal income taxes	$	—	$	—

The cumulative tax effect at the expected rate of 35% of significant items comprising our net deferred tax amount is as follows:

	2011			2010
Deferred tax asset attributable to:
Net operating loss carryover	$	11,600		$	—
Less: valuation allowance		(11,600	)		—
Net deferred tax asset	$	—		$	—

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards 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.