INCOME TAXES

3 Months Ended

Oct. 31, 2011

Income Deposit Securities [Abstract]

Income Tax Disclosure [Text Block]

NOTE 4 – INCOME TAXES
 

The Company has tax losses which may be applied against future taxable income. The potential tax benefits arising from these loss carry-forwards expire beginning in 2029 and are offset by a valuation allowance due to the uncertainty of profitable operations in the future. The estimated net tax loss carry-forward was approximately $279,000 at October 31, 2011, resulting in a potential tax benefit of approximately $108,835.

The significant components of the deferred tax asset as of October 31, 2011 and July 31, 2011 are as follows:

	Oct 31, 2011			Jul 31, 2011
Net operating loss carry-forwards		108,835			62,537
Valuation allowance		(108,835	)		(62,537	)
Net deferred tax asset	$	-		$	-