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XML - IDEA: XBRL DOCUMENT - Saleen Automotive, INC.R17.htm
EXCEL - IDEA: XBRL DOCUMENT - Saleen Automotive, INC.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - Saleen Automotive, INC.R6.htm
XML - IDEA: XBRL DOCUMENT - Saleen Automotive, INC.R2.htm
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EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATION - Saleen Automotive, INC.f10k063012_ex32z1.htm
EX-31.2 - EXHIBIT 31.2 SECTION 302 CERTIFICATION - Saleen Automotive, INC.f10k063012_ex31z2.htm
EX-31.1 - EXHIBIT 31.1 SECTION 302 CERTIFICATION - Saleen Automotive, INC.f10k063012_ex31z1.htm
EX-23.1 - EXHIBIT 23.1 CONSENT OF PLS CPA - Saleen Automotive, INC.f10k063012_ex23z1.htm
10-K - FORM 10-K ANNUAL REPORT JUNE 30 2012 - Saleen Automotive, INC.f10k063012_10k.htm
XML - IDEA: XBRL DOCUMENT - Saleen Automotive, INC.R4.htm
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v2.4.0.6
INCOME TAXES
12 Months Ended
Jun. 30, 2012
Income Tax Disclosure [Abstract]  
INCOME TAXES

As of June 30, 2012 and 2011, the Company had net operating loss carry forwards of $46,964 and $5,615, respectively, that may be available to reduce future years’ taxable income through 2031.

 

 

   As of June 30, 2012  As of June 30, 2011
           
Deferred tax assets:          
Net operating tax carryforwards  $18,316   $2,190 
Other   —      —   
Gross deferred tax assets   18,316    2,190 
Valuation allowance   (18,316)   (2,190)
           
Net deferred tax assets  $—     $—   


Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carryforwards are expected to be available to reduce taxable income. As the achievement of required future taxable income is uncertain, the Company recorded a valuation allowance