Annual report pursuant to section 13 and 15(d)

Note 9 - Income Tax Provision (Tables)

Note 9 - Income Tax Provision (Tables)

12 Months Ended

Mar. 31, 2013

Notes to Financial Statements

Deferred tax assets

		March 31, 2013				March 31, 2012

Net deferred tax assets – Non-current:

Expected income tax benefit from NOL carry-forwards		$	26,585			$	4,432

Less valuation allowance			(26,585	)			(4,432	)

Deferred tax assets, net of valuation allowance		$	-			$	-

Income tax provision

		For the Fiscal Year Ended March 31, 2013				For the Period from January 30, 2012 (Re-capitalization) through March 31, 2012

Federal statutory income tax rate			34.0	%			34.0	%

Change in valuation allowance on net operating loss carry-forwards			(34.0	)			(34.0	)

Effective income tax rate			0.0	%			0.0	%

Pro forma deferred tax assets

		March 31, 2012

Net deferred tax assets – Non-current:

Expected income tax benefit from NOL carry-forwards		$	3,310

Less valuation allowance			(3,310	)

Deferred tax assets, net of valuation allowance		$	-

Pro forma income tax provision

		For the Fiscal Year Ended March 31, 2012

Federal statutory income tax rate			34.0	%

Increase (reduction) in income taxes resulting from:

Net operating loss (“NOL”) carry-forwards			(34.0	)

Effective income tax rate			0.0	%