Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Statement of Cash Flows [Abstract]    
Net income (loss) for the period $ 3,621,806 $ (21,782)
Adjustments to reconcile net loss to net cash Provided by operating activities:    
Depreciation 25,246 24,881
Unrealized (gain) loss on trading securities (2,006,760) (180,621)
(Gain) Loss on sale of marketable securities (1,738,071) 78,609
Decrease (Increase) in receivables (47) 1,409
Decrease (Increase) in prepaid expense 233 418
(Decrease) Increase in accrued interest payable 65,595 69,177
(Decrease) Increase in accounts payable and accrued liabilities (22,952) (20,855)
Net Cash Provided by (Used) in Operating Activities (54,950) (48,764)
Cash Flows From Investing Activities:    
Purchases of trading securities 92,770 63,569
Purchases of available-for-sale securities 1,631,031 83,000
Proceeds from sale of trading securities 2,274,065 251,876
Purchase of property and equipment 273 6,923
Net Cash Provided by Investing Activities 549,991 98,384
Cash Flows From Financing Activities:    
Repayment of notes, advances and related party payables 310,000 122,000
Net Cash Provided by Financing Activities (310,000) (122,000)
Increase (Decrease) in Cash 185,041 (72,380)
Cash at beginning of period 382,946 712,648
Cash at end of period 567,987 640,268
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:    
Marketable securities acquired through related party notes 202,306   
Unrealized gain (loss) on available-for-sale securities $ 9,480 $ (180,621)