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Income Tax Disclosure (Tables)
12 Months Ended
Dec. 31, 2013
Tables/Schedules  
Schedule of Deferred Tax Assets and Liabilities

 

 

 

 

 

 

2012

 

2012

Deferred tax assets:

     

 

     

NOL Carryover

$1,533,900

 

$1,515,600

Amortization

0

 

300

Related Party Accruals

6,000

 

3,500

Deferred tax liabilities

0

 

0

Valuation Allowance

(1,539,900)

 

(1,519,400)

Net deferred tax asset

$                0

 

$                0

Schedule of Effective Income Tax Rate Reconciliation

 

 

 

 

 

 

2012

 

2012

Book Income

$     60,200

 

$     (140,100)

Amortization

(300)

 

200

Related Party Interest

2,500

 

1,800

Stock for Services/Contributed services

(80,600)

 

13,000

Valuation Allowance

(18,200)

 

(125,000)

Provision for Income Taxes

$                 0

 

$                 0