Income Taxes

9 Months Ended

Sep. 30, 2011

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

4.  Income Taxes

The provision (benefit) for income taxes for the period ended September 30, 2011 and 2010, was as follows (assuming a 23% effective tax rate):

	2011			2010
Current Tax Provision:
Federal-
Taxable income	$	-		$	-
Total current tax provision	$	-		$	-
Deferred Tax Provision:
Federal-
Loss carryforwards	$	5,389		$	3,426
Change in valuation allowance		(5,389	)		(3,426	)
Total deferred tax provision	$	-		$	-

The Company had deferred income tax assets as of September 30, 2011, and December 31, 2010, as follows:

	2011			2010
Loss carryforwards	$	12,223		$	3,215
Less - Valuation allowance		(12,223	)		(3,215	)
Total net deferred tax assets	$	-		$	-

The Company provided a valuation allowance equal to the deferred income tax assets for the period ended September 30, 2011 and for the year ended December 31, 2010 because it is not presently known whether future taxable income will be sufficient to utilize the loss carryforwards.

As of September 30, 2011, the Company had approximately $53,145 in tax loss carryforwards that can be utilized future periods to reduce taxable income, and expire by the year 2031.

The Company did not identify any material uncertain tax positions on tax returns that will be filed.  The Company did not recognize any interest or penalties for unrecognized tax benefits.

The federal income tax returns of the Company are subject to examination by the IRS, generally for three years after they are filed.