NOTE 8 - TRADING SECURITIES (Details Narrative) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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Note 8 - Trading Securities Details Narrative | ||
Unrealized loss | $ 3,838 | $ 10,355 |
Unrealized gain | 480 | 343 |
Reallized gain | $ 5,404 |
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- Definition This item represents the amount of the total change in unrealized (holding) gains or losses for the period which are included in the statement of income (or changes in net assets) in other income. Such unrealized (holding) gains or losses relate to those assets still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3). No definition available.
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- Definition The increase (decrease), resulting in a gain, in the difference between the fair value and the carrying value, or in the comparative fair values, of securities held at each balance sheet date, that was included in earnings for the period. No definition available.
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- References No definition available.
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- References No definition available.
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