Annual report pursuant to section 13 and 15(d)

INCOME TAXES (Details)

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INCOME TAXES (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Deferred tax assets:    
Net operating loss carryforwards $ 266,000 $ 85,000
Non-deductible start-up costs 530,000 318,000
Total deferred tax assets 796,000 403,000
Total deferred tax assets 366,000 185,000
Less: Valuation Allowance (366,000) (185,000)
Net Deferred Tax Assets      
Reconciliation between the statutory rate and the effective tax rate:    
Federal statutory tax rate (35.00%) (35.00%)
State and city tax rate (11.00%) (11.00%)
Change in valuation allowance 46.00% 46.00%
Effective tax rate 0.00% 0.00%