Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOW

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CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Statement of Cash Flows [Abstract]    
Net income (loss) for the period $ 349,829 $ 22,361
Adjustments to reconcile net loss to net cash Provided by operating activities:    
Depreciation 12,775 12,330
Unrealized (gain) loss on trading securities (303,361) (130,935)
(Gain) Loss on sale of marketable securities (131,495) 69,826
Decrease (Increase) in receivables 630 1,381
Decrease (Increase) in prepaid expense 348 418
(Decrease) Increase in accrued interest payable 33,353 35,080
(Decrease) Increase in accounts payable and accrued liabilities 6,832 (21,736)
Net Cash Provided by (Used) in Operating Activities (31,089) (11,275)
Cash Flows From Investing Activities:    
Purchases of trading securities 2,770 44,080
Purchases of available-for-sale securities 22,500 22,500
Proceeds from sale of trading securities 201,414 177,040
Purchase of property and equipment 273 3,224
Net Cash Provided by Investing Activities 175,871 107,236
Cash Flows From Financing Activities:    
Repayment of notes, advances and related party payables 20,000 72,000
Net Cash Provided by Financing Activities (20,000) (72,000)
Increase (Decrease) in Cash 124,782 23,961
Cash at beginning of period 382,946 712,648
Cash at end of period 507,728 736,609
Supplemental Disclosure of Interest and Income Taxes Paid:    
Interest paid during the period      
Income taxes paid during the period      
Supplemental Disclosure of Non-cash Investing and Financing Activities:    
Unrealized gain (loss) on available-for-sale securities $ 119,370 $ 70,780