INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2012

INCOMES TAX

Operating Loss Carryforwards

 Accordingly, the potential tax benefits of the loss carryforwards are offset by a valuation allowance of the same amount.

	2011			2010
Net Operating (Profit) Losses	$	819,000		$	903,000
Valuation Allowance		(819,000	)		(903,000	)
	$	-		$	-

Income Taxes

The provision for income taxes differ from the amount computed using the federal US statutory income tax rate as follows:

	2011			2010
Provision (Benefit) at US Statutory Rate	$	121,000		$	(155,000	)
Depreciation and Other		(37,000	)		-
Increase (Decrease) in Valuation Allowance		(84,000	)		155,000
	$	-		$	-