v3.7.0.1
Statements of Cash Flows For the Years Ended December 31, 2014 and 2013 - USD ($)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (89,132) $ (4,393,183)
Adjustments to reconcile net income (loss) to net cash (used) by operating activities:    
Non-cash compensation   266,667
Loss on sale of securities   283,266
Impairment loss   3,630,000
Changes in operating assets and liabilities    
Increase (decrease) in accounts payable (2,425) 3,430
Increase in accounts payable - related parties 13,356 19,796
Increase in accrued interest - related parties 36,851 26,580
Net cash flows (used by) operating activities (41,350) (163,444)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of marketable securities   93,841
Net cash flows provided by investing activities   93,841
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from notes payable from a related party 51,000 65,000
Net cash flows (used in) provided by financing activities 51,000 65,000
NET CHANGE IN CASH 9,650 (4,603)
CASH - BEGINNING OF PERIOD 3,337 7,940
CASH - END OF PERIOD $ 12,987 $ 3,337