Income Taxes

12 Months Ended

Jun. 30, 2011

Income Taxes

Income Tax Disclosure [Text Block]

NOTE 5 – INCOME TAXES

The Company has losses carried forward for income tax purposes for June 30, 2011.  There are no current or deferred tax expenses for the period ended June 30, 2011 due to the Company’s loss position.  The Company has fully reserved for any benefits of these losses.  The deferred tax consequences of temporary differences in reporting items for financial statement and income tax purposes are recognized, as appropriate.  Realization of the future tax benefits related to the deferred tax assets is dependent on many factors, including the Company’s ability to generate taxable income within the net operating loss carryforward period.

Management has considered these factors in reaching its conclusion as to the valuation allowance for financial reporting purposes. 

	June 30, 2011	June 30, 2010
Net operating loss carry forward	20,408	5,438
Effective Tax Rate	35%	35%
Deferred Tax Assets	7,143	1,903
Less: Valuation Allowance	(7,143)	(1,903)
Net deferred tax asset	$     0	$     0

The net federal operating loss carry forward will expire between 2029 and 2030.  This carry forward may be limited upon the consummation of a business combination under IRC Section 381.