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INCOME TAXES	3 Months Ended
Mar. 31, 2015
Notes to Financial Statements
Note 2 - Income Taxes	2. INCOME TAXES At March 31, 2015, the Company had net operating loss carry-forwards for Federal income tax purposes of which may be available to offset future Federal taxable income, if any. These net operating loss carry forwards are subject to an annual limitation and utilization of these loss carryforwards is subject to further limitation as a result of change in ownership of the Company, as defined by Federal tax law. Management believes these loss-carryforwards will likely not be fully realized. The Company's income tax returns remain subject to examination for the years 2011 through 2014 for federal and state purposes.

INCOME TAXES

3 Months Ended

Mar. 31, 2015

2. INCOME TAXES

At March 31, 2015, the Company had net operating loss carry-forwards for Federal income tax purposes of which may be available to offset future Federal taxable income, if any. These net operating loss carry forwards are subject to an annual limitation and utilization of these loss carryforwards is subject to further limitation as a result of change in ownership of the Company, as defined by Federal tax law. Management believes these loss-carryforwards will likely not be fully realized.

The Company's income tax returns remain subject to examination for the years 2011 through 2014 for federal and state purposes.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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