INCOME TAXES	3 Months Ended
Mar. 31, 2012
Notes to Financial Statements
INCOME TAXES	NOTE 8. INCOME TAXES The Company accounts for income taxes in accordance with FASB guidance now codified as ASC 740 “Income Taxes”. The Company's effective tax rate differs from the statutory rate primarily due to the fact that no income tax benefit was recorded as a result of the net loss for the first three months of fiscal year 2012 or 2011. Because of the Company's recurring losses, the deferred tax assets have been fully offset by a valuation allowance.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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+ Details