Income Taxes

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Income Taxes

NOTE 4 – INCOME TAXES

We did not provide any current or deferred U.S. federal income tax provision or benefit for any of the periods presented because we reported no activity the first two years and have experienced operating losses in 2015 and 2014. Under ACS 740 “Income Taxes”, when it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carryforwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carryforward period. The component of the Company’s deferred tax asset as of December 31, 2015 and 2014 are as follows:

The component of the Company’s deferred tax asset as of December 31, 2015 and 2014 are as follows:

	December 31, 2015			December 31, 2014
Net opening loss carry forward	$	910,784		$	121,054
Valuation allowance		(910,784	)		(121,054	)
Net deferred asset	$	—		$	—

A reconciliation of income taxes computed at the 35% statutory rate to the income tax recorded is as follow:

	December 31, 2015			December 31, 2014
Net opening loss carry forward	$	318,774		$	42,369
Valuation allowance		(318,774	)		(42,369	)
Net deferred asset	$	—		$	—

The Company did not pay any income taxes during the years ended December 31, 2015 or 2014.

The net federal operating loss carry forward will expire between December 31, 2033 and December 31, 2035.