Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

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Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows From Operating Activities    
Net gain (loss) for the period $ (21,782) $ 11,929
Depreciation and amortization 24,881 3,585
Unrealized (gain) loss on trading securities (180,621) 75,653
(Gain) Loss on sale of marketable securities 78,609 (162,077)
Decrease (Increase) in receivables 1,409 366
Decrease (Increase) in inventory      
Decrease (Increase) in prepaid expense 418   
Decrease (Increase) in security deposit    (15,000)
(Decrease) Increase in accrued interest payable 69,177 74,135
(Decrease) Increase in accounts payable and accrued liabilities (20,855) 26,299
Net Cash Provided by (Used) in Operating Activities (48,764) 14,890
Cash Flows From Investing Activities    
Advance to investment company    (320,000)
Purchases of trading securities (63,569) (180)
Purchases of available-for-sale securities (83,000)   
Proceeds from sale of trading securities 251,876 480,487
Proceeds from sale of available-for-sale securities      
Purchase of property and equipment (6,923) (351,796)
Net Cash Provided (Used) by Investing Activities 98,384 (191,489)
Cash Flows From Financing Activities    
Repayment of notes, advances and related party payables (122,000) (7,500)
Net Cash Provided (Used) by Financing Activities (122,000) (7,500)
Increase (Decrease) in Cash (72,380) (184,099)
Cash at beginning of period 712,648 1,212,018
Cash at end of period 640,268 1,027,919
Supplemental Disclosure of Interest and Income Taxes Paid    
Interest paid during the period      
Income taxes paid during the period      
Marketable securities acquired through related party notes and contributed capital    685,000
Unrealized gain (loss) on trading securities $ (180,621) $ 75,653