Note F - Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

	2012		2011
Deferred income tax assets
Basis difference in property and equipment and intangible assets		$   281,000		$    311,000
Deferred revenue		76,000		67,000
Net operating loss		999,000		945,000
Deferred compensation and other		14,000		(9,000)
Valuation allowance		(1,370,000)		(1,314,000)
Net deferred income tax asset		-		-
Change in valuation allowance		$     56,000		$  (378,000)