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1. Summary of Significant Accounting Policies: Income tax provisions (Tables)
12 Months Ended
Jun. 30, 2012
Income tax provisions:  
Income tax provisions

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 39% to net loss before provision for income taxes for the following reasons:

 

 

 

For the Year Ending June 30, 2012

 

For the Year Ending June 30, 2011

Net (Loss)

$(26,060)

 

$(21,254)

Income tax expense at statutory rate

(10,163)

 

(8,290)

Net deferred tax asset

10,163

 

8,290

Income tax expense per books

$-)

 

$-)

 

Net deferred tax assets consist of the following components as of:

 

 

For the Year Ending

June 30, 2012

 

For the Year Ending

 June 30, 2011

NOL carryover

$10,163)

 

$8,290)

Valuation allowance

( 10,163)

 

(8,290)

Net deferred tax asset

$-

 

$-

 

The Company’s net operating losses are schedule to expire between 2029 and 2032.