NOTE 8 - TRADING SECURITIES |
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Dec. 31, 2015 | ||||||||||||||||||||||||||||||||||||||||
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| NOTE 8 - TRADING SECURITIES |
NOTE 8 - Trading Securities
Fair market measurement at December 31, 2015 were computed using quoted prices in an active market for identified assets, (level 1). The shares were obtained as compensation for performing consulting services. An unrealized loss of $3,838, and a $480 unrealized gain are included in the Company Statements of Operations for the periods ended December 31, 2015. An unrealized loss of $10,355, an unrealized gain of $343 and a $5,404 realized gain are included in the Company Statements of Operations for the periods ended December 31, 2014.
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- References No definition available.
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- 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
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