NOTE 6 - INCOME TAXES (Details Narrative) (USD $)
|
Jun. 30, 2012
|
Jun. 30, 2011
|
---|---|---|
Notes to Financial Statements | ||
Net operating loss | $ 645,000 | |
valuation allowance | $ 103,000 | $ 104,000 |
X | ||||||||||
- Definition
The sum of domestic, foreign and state and local operating loss carryforwards, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of the valuation allowance recorded as of the balance sheet date pertaining to the specified deferred tax asset for which an assessment was made that it is more likely than not that all or a portion of such deferred tax asset will not be realized through related deductions on future tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|