Annual report pursuant to Section 13 and 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net (loss) $ (535,607) $ (809,540)
Adjustments to reconcile net (loss) to net cash provided by operating activities    
Realized gain on trading securities (6,684)   
Realized loss on trading securities    6,523
Unrealized loss on trading securities 2,696 35,500
Unrealized gain on trading securities (18,550)   
Common stock issued for services rendered 94,000 164,000
Fair value of stock options issued to Directors 3,198 181,646
Acounts payable and accrued expenses 289,034 210,841
Accounts payable related party 161,259 90,835
Net cash (used in) operating activities: (10,653) (127,465)
Cash flows from investing activities:    
Cash used for traiding securities (3,077)   
Proceeds from trading securities 13,684 17,247
Net cash provided by investing activities: 10,607 17,247
Net cash provided by financing activities      
Net (decrease) in cash and cash equivalents (46) (110,238)
Cash and cash equivalents beginning of period 8,585 118,803
Cash and cash equivalents end of period 8,538 8,585
Non-cash financing activities:    
Common stock issued for accrued expenses 33,383 14,813
Common stock issued for prepaid compensation   228,000
Cash paid during the period for:    
Interest      
Income taxes