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Schedule of effective tax rate (Tables)
12 Months Ended
Dec. 31, 2014
Schedule of effective tax rate (Tables):  
Schedule of effective tax rate (Tables)

The following table presents the principal reasons for the difference between the Company's effective tax rate and the United States statutory income tax rate.

 

 

 

2014

 

 

2013

 

 

2012

 

Federal income tax at statutory rate per books

 

$

0

 

 

$

149

 

 

$

59

 

Change in valuation allowance

 

 

0

 

 

 

0

 

 

 

0

 

Net operating loss

 

 

0

 

 

 

(149

)

 

 

(59

)

Federal income tax per tax return

 

$

0

 

 

$

0

 

 

$

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective income tax rate

 

 

0.00

%

 

 

0.00

%

 

 

0.00

%