Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Statement of Cash Flows [Abstract]    
Net income (loss) for the period $ (1,380,103) $ 2,847,793
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 72,394 50,423
Gain on extraordinary item    (2,354,988)
Common stock issued for services    180,300
Unrealized (gain) loss on trading securities 1,725,771 (97,977)
(Gain) loss on sale of marketable securities (1,117,705) 80,456
Deferred Income tax expense (benefit) 179,000 (1,219,000)
Decrease (increase) in receivables (211) 11,995
(Increase) in inventory (3,100) (1,300)
Decrease in prepaid expense 248 62
Increase in accrued interest payable 535,674 430,299
(Decrease) increase in accounts payable and accrued liabilities (4,079) 1,147
Net Cash Provided by (Used) in Operating Activities 7,889 (70,790)
Cash Flows From Investing Activities:    
Purchases of trading securities 528,112 161,807
Purchases of available-for-sale securities 93,750 125,000
Prepayment on purchase of available-for-sale securities 3,043,750   
Proceeds from sale of trading securities 5,365,534 286,934
Purchase of property and equipment 2,228 7,039
Net Cash Provided by (Used) Investing Activities 1,697,694 (6,912)
Cash Flows From Financing Activities:    
Repayment of notes, advances and related party payables 460,000 252,000
Net Cash (Used) by Financing Activities (460,000) (252,000)
Increase (Decrease) in Cash 1,245,583 (329,702)
Cash at beginning of period 382,946 712,648
Cash at end of period 1,628,529 382,946
Supplemental Disclosure of Interest and Income Taxes Paid:    
Interest paid during the period 73,974 65,085
Income taxes paid during the period      
Supplemental Disclosure of Non-cash Investing and Financing Activities:    
Marketable securities acquired through related party notes and contributed capital 2,605,218 5,250,000
Forgiveness of related party debt 301,937  
Unrealized gain (loss) on trading securities $ (1,725,771) $ 97,977