|
NOTE 8 - TRADING SECURITIES
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2013
|
|||||||||||||||||||||||||||||||||||||||||||
| Marketable Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||
| NOTE 8 - TRADING SECURITIES |
NOTE 8 - Trading Securities
Fair market measurement at December 31, 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.
The unrealized gain 18,550, the unrealized losses of $2,696, and the realized gain $6,684 are included in the Company Statements of Operations for the periods ended December 31, 2013. The unrealized loss of $32,000, and the $2,753 realized loss are included in the Company Statements of Operations for the periods ended December 31, 2012. |
||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Disclosure of accounting policy for investments in debt and equity securities that are classified as trading securities. This policy also may describe the entity's accounting treatment for transfers between investment categories and how the fair values of such securities are determined. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|