Annual report pursuant to section 13 and 15(d)

INCOME TAX (Tables)

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INCOME TAX (Tables)
 12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]  
SCHEDULE OF INCOME TAX PROVISION BENEFIT
    2012
  Current:          
     Federal     $ (51,655 )
             
  Deferred:          
     Federal       (290,168 )
  Total     $ (341,823 )
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION
    2012
   Tax provision/(benefit) computed at the federal statutory rate   $ 97,966  
   Allowance for doubtful accounts     (737 )
   Inventories     1,021  
   Employee benefits     (1,688 )
   Share based compensation     6,616  
   Fixed assets     10,434  
   Intangible assets     35,651  
   Permanent items     5,570  
   Research and development credit     11,639  
   Net operating loss     (166,472 )
   Valuation allowance     (341,823 )
          Income tax provision (benefit)   $ (341,823 )
SCHEDULE OF DEFERRED TAX ASSETS
    2012
Deferred Tax Assets:        
   Allowance for doubtful accounts   $ 15,478  
   Inventories     11,513  
   Employee benefits     17,832  
   Share based compensation     6,616  
   Fixed assets     47,949  
   Foreign tax credits     48,986  
   General business credits     31,802  
   Net operating losses     255,982  
   Other     736  
   Total deferred tax assets before valuation allowance     436,894  
   Valuation allowance     (48,986 )
         Total deferred tax assets     387,908  
         
Deferred Tax Liabilities:        
   Fixed assets     10,434  
   Intangible assets     35,651  
          Total deferred tax liabilities     46,085  
Net deferred tax assets   $ 341,823