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NOTE 6 - INCOME TAXES (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Income Tax Disclosure [Abstract]    
Company's deferred tax assets

 

Net operating loss carry forwards   $ 17, 343,000  
Valuation allowance     (17,343,000)  
         
Net deferred tax asset   $  

The Company’s total deferred tax asset as of December 31, 2012 is as follows:

 

Net operating loss carry forwards   $ 16,060,000  
Valuation allowance     (16,060,000)  
         
Net deferred tax asset   $  

 

Reconciliation of income taxes - Fedaral and state statutory rate

 

Income tax computed at the federal statutory rate 34%
Income tax computed at the state statutory rate 5%
Valuation allowance (39%)
Total deferred tax asset 0%

Income tax computed at the federal statutory rate 34%
Income tax computed at the state statutory rate 5%
Valuation allowance (39%)
Total deferred tax asset 0%