Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations

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Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement [Abstract]        
Revenues $ 289,503 $ 163,881 $ 602,472 $ 334,973
Cost of Revenues 94,373 22,861 184,141 84,935
Gross Margin 195,130 141,020 418,331 250,038
Expenses        
Labor and Related Expenses 66,028 67,101 188,489 133,039
Rent 53,061 20,705 105,587 55,844
Depreciation and Amortization 12,551 2,499 24,881 3,585
Other General and Administrative 114,908 27,789 154,914 59,858
Total Operating Expenses 246,548 118,094 473,871 252,326
Net Operating Income (Loss) (51,418) 22,926 (55,540) (2,288)
Other Income (Expense)        
Interest income 469 796 923 1,917
Dividend income    9    11
Interest expense (34,097) (38,060) (69,177) (74,135)
Unrealized gain (loss) on Trading securities 49,686 4,899 180,621 (75,653)
Gain (Loss) on sale of Marketable Securities (8,783) 162,077 (78,609) 162,077
Net Other Income (Expense) 7,275 129,721 33,758 14,217
Net Income (Loss) Before Income Taxes (44,143) 152,647 (21,782) 11,929
Income Tax (Expense) Benefit            
Net Income (Loss) (44,143) 152,647 (21,782) 11,929
Other Comprehensive Income (Loss)        
Unrealized gain (loss) on available-for-sale securities 76,940 113,610 147,720 154,520
Comprehensive Income (Loss) $ 32,797 $ 266,257 $ 125,938 $ 166,449
Basic & Diluted Income (Loss) Per Common Share: $ 0.0 $ 0.0 $ 0.0 $ 0.0
Weighted Average Common Shares 106,577,710 106,577,710 106,577,710 106,577,710