Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 6,994,180us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,628,529us-gaap_CashAndCashEquivalentsAtCarryingValue
Inventory 14,499us-gaap_InventoryNet 16,500us-gaap_InventoryNet
Prepaid expenses and other current assets 65,090us-gaap_PrepaidExpenseAndOtherAssetsCurrent 18,572us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Prepaid stock purchase    43,750us-gaap_PrepaidExpenseCurrent
Trading securities, at market value 6,026,780us-gaap_TradingSecurities 1,717,436us-gaap_TradingSecurities
Available-for-sale securities    2,900,090us-gaap_AvailableForSaleSecuritiesCurrent
Deferred income taxes - current    758,000us-gaap_DeferredIncomeTaxesAndOtherAssetsCurrent
Total Current Assets 13,100,549us-gaap_AssetsCurrent 7,082,877us-gaap_AssetsCurrent
Property and equipment, net 155,250us-gaap_PropertyPlantAndEquipmentNet 227,298us-gaap_PropertyPlantAndEquipmentNet
Other assets 20,000us-gaap_OtherAssetsNoncurrent 15,000us-gaap_OtherAssetsNoncurrent
Deferred income taxes - non-current    282,000us-gaap_DeferredIncomeTaxesAndOtherAssetsNoncurrent
TOTAL ASSETS 13,275,799us-gaap_Assets 7,607,175us-gaap_Assets
Current Liabilities:    
Accounts payable and accrued liabilities 72,550us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 39,378us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Related party accounts payable 270,000us-gaap_AccountsPayableRelatedPartiesCurrent   
Related party notes payable    1,882,648us-gaap_NotesPayableRelatedPartiesClassifiedCurrent
Total Current Liabilities 342,550us-gaap_LiabilitiesCurrent 1,922,026us-gaap_LiabilitiesCurrent
Noncurrent related party notes payable    8,562,355us-gaap_NotesPayableRelatedPartiesNoncurrent
Total Liabilities 342,550us-gaap_Liabilities 10,484,381us-gaap_Liabilities
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 and 0 Series A shares issued and outstanding as of December 31, 2014 and 2013; 20,000 Series E shares issued and outstanding as of December 31, 2014 and 2013 13us-gaap_PreferredStockValue 2us-gaap_PreferredStockValue
Common stock, $0.0001 par value, 250,000,000 shares authorized 140,627,710 and 136,627,710 shares issued and outstanding as of December 31, 2014 and 2013 14,063us-gaap_CommonStockValue 13,663us-gaap_CommonStockValue
Common stock issuable, 5,500,000 shares 987,500us-gaap_CommonStockSharesSubscriptions   
Additional paid-in capital 26,681,601us-gaap_AdditionalPaidInCapital 14,049,715us-gaap_AdditionalPaidInCapital
Cummulative unrealized loss on available-for-sale securities    1,285,009us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
Accumulated deficit (14,749,928)us-gaap_RetainedEarningsAccumulatedDeficit (15,655,577)us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders' Equity (Deficit) 12,933,249us-gaap_StockholdersEquity (2,877,206)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 13,275,799us-gaap_LiabilitiesAndStockholdersEquity 7,607,175us-gaap_LiabilitiesAndStockholdersEquity
Series A Preferred Stock    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 and 0 Series A shares issued and outstanding as of December 31, 2014 and 2013; 20,000 Series E shares issued and outstanding as of December 31, 2014 and 2013 11us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
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Total Stockholders' Equity (Deficit) 11us-gaap_StockholdersEquity
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TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 11us-gaap_LiabilitiesAndStockholdersEquity
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Series E Preferred Stock    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 and 0 Series A shares issued and outstanding as of December 31, 2014 and 2013; 20,000 Series E shares issued and outstanding as of December 31, 2014 and 2013 2us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
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Total Stockholders' Equity (Deficit) 2us-gaap_StockholdersEquity
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2us-gaap_StockholdersEquity
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TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 2us-gaap_LiabilitiesAndStockholdersEquity
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$ 2us-gaap_LiabilitiesAndStockholdersEquity
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