General form of registration statement for all companies including face-amount certificate companies

Note 5 - Income Taxes (Tables)

v3.5.0.2
Note 5 - Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Components of net deferred income tax assets
    December 31,  
    2015     2014  
Deferred tax assets:            
Federal net operating loss carryforward   $ 15,400,000     $ 14,481,000  
Other     1,028,000       871,000  
Patent amortization     (13,000 )     (15,000 )
Deferred tax assets before valuation     16,415,000       15,337,000  
Valuation allowance     (16,415,000 )     (15,337,000 ))
Net deferred income tax assets   $ —     $ —