INCOME TAXES

3 Months Ended

Sep. 30, 2011

INCOME TAXES [Abstract]

INCOME TAXES

NOTE 3. INCOME TAXES

The Company provides for income taxes under ASC Topic 740 which requires the use

of an asset and liability approach in accounting for income taxes. Deferred tax

assets and liabilities are recorded based on the differences between the

financial statement and tax bases of assets and liabilities and the tax rates in

effect currently.

ASC Topic 740 requires the reduction of deferred tax assets by a valuation

allowance if, based on the weight of available evidence, it is more likely than

not that some or all of the deferred tax assets will not be realized. In the

Company's opinion, it is uncertain whether they will generate sufficient taxable

income in the future to fully utilize the net deferred tax asset.

The Company utilizes the asset and liability method for financial reporting of

income taxes. Deferred tax assets and liabilities are determined based on

temporary differences between financial reporting and the tax basis of assets

and liabilities, and are measured by applying enacted rates and laws to taxable

years in which such differences are expected to be recovered or settled. Any

changes in tax rates or laws are recognized in the period when such changes are

enacted.

As of September 30, 2011, the Company has $5,739 in gross deferred tax assets

resulting from net operating loss carry-forwards. A valuation allowance has been

recorded to fully offset these deferred tax assets because the Company's

management believes future realization of the related income tax benefits is

uncertain. Accordingly, the net provision for income taxes is zero for the

period June 18, 2010 (inception) to September 30, 2011. As of September 30,

2011, the Company has federal net operating loss carry forwards of approximately

$14,715 available to offset future taxable income through 2030. The difference

between the tax provision at the statutory federal income tax rate on September

30, 2011 and the tax provision attributable to loss before income taxes is as

follows:

                                                      For the period

                                                      June 18, 2010

                                                   (inception) through

                                                    September 30, 2011

                                                   -------------------

         Statutory federal income taxes ........                 34.0%

         State taxes, net of federal benefits ..                  5.0%

         Valuation allowance ...................                -39.0%

                                                   -------------------

         Income tax rate .......................                     -

                                                   ===================

The Company has not been required to file income tax returns since the date of

inception.

As of September 30, 2011, the Company had estimated net loss carry forwards of

approximately $14,715 which expires through its tax year ending 2031.

Utilization of these net operating loss carry forwards may be limited in

accordance with IRCD Section 382 in the event of certain shifts in ownership.