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INCOME TAXES
6 Months Ended
Jun. 30, 2012
INCOME TAXES [Abstract]  
INCOME TAXES

10. INCOME TAXES

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We have had losses since our Inception (January 1, 2011), and therefore have not

been subject to federal or state income taxes since our Inception.

 

Following our reorganization into a holding company structure and the sales of

our subsidiary company, CCAPS, we disposed of the majority of our brought

forward net operating losses ("NOLS".

 

Consequently, effective June 30, 2012, we had NOLS of approximately $154,000,

which expire in 2031 and 2032.