INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2013

Income Taxes Tables

Expected Amount of Income tax Statuary

The actual income tax provisions differ from the expected amounts calculated by applying the combined income tax statutory rates applicable in each jurisdiction to the Company’s loss before income taxes and non-controlling interest. The components of these differences are as follows:

	Three Months Ended March 31,
	2013			2012
Corporate income tax rate		34%			34%
Expected income tax (recovery)	$	(70,818	)	$	(81,163	)
Non-deductible stock based compensation		37,400			47,600
Change in valuation allowance		33,418			33,563
State income tax net of federal benefit		-			-
Income tax (benefit) expense	$	-		$	-

Deferred Income Tax Assets And Liability

The Company's tax-effected deferred income tax assets and liabilities are estimated as follows:

	March 31, 2013			December 31, 2012
Net operating loss carryforward	$	445,332		$	429,039
Accrued expenses		98,346			81,220
Total deferred assets		543,678			510,259
Less: valuation allowance		(543,678	)		(510,259	)
Net deferred tax assets	$	-		$	-