Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Summary of Significant Accounting Policies: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

v2.4.0.8
Note 2 - Summary of Significant Accounting Policies: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)
 9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule of Deferred Tax Assets and Liabilities

 

 

 

 

Net deferred tax assets consist of the following components as of

 

 

 

 

9/30/2013

12/31/2012

    Deferred tax assets:

 

 

       Beginning  NOL Carryover

13,549,431

14,401,359

 

 

 

Adjusted Taxable Income(loss)

(99,969)

851,928

 

 

 

    Valuation allowance

0

0

 

 

 

       Ending  NOL Carryover

13,649,400

13,549,431

 

 

 

    Tax Benefit Carryforward

4,640,796

4,606,807

 

 

 

    Valuation allowance

(4,616,200)

(4,606,807)

 

 

 

    Net deferred tax asset

0

0