Annual report pursuant to Section 13 and 15(d)

Tax Rate Reconciliation (Details)

v2.4.0.6
Tax Rate Reconciliation (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Tax at federal statutory rate (34%) $ (669,666) $ 24,306
Non-deductible expenses 1,098 (24,306)
Effect of offset from Kansas property acquisitions. 406,946 0
States taxes, net of Federal benefit (93,950) 0
Effect of tax rates lower than statutory rate 55,248 0
Total Rate Reconciliation $ (300,324) $ 0