Quarterly report pursuant to Section 13 or 15(d)

NOTE 8 - TRADING SECURITIES

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NOTE 8 - TRADING SECURITIES
6 Months Ended
Jun. 30, 2013
Marketable Securities [Abstract]  
NOTE 8 - TRADING SECURITIES

 

NOTE 8 - Trading Securities

Marketable equity securities     Cost       Market value       Unrealized Loss  
    $ 75,000     $ 20,625     $ 34,375  

 

Fair market measurement at June 30, 2013 were computed using quoted prices in an active market for identified assets, (level 1). The shares were obtained as compensation for performing consulting services.

 

During the six months ended June 30, 2012 the Company sold 100,000 shares of marketable equity securities for a loss of $6,523.

 

The unrealized gain for the six months ended June 30, 2013 is $1,375 and the unrealized loss for the six months ended June 30, 2012 is $25,500 and are included in the Statement of Operations.