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Condensed Consolidated Statements of Cash Flows (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income (loss) | $ (183,589)us-gaap_ProfitLoss | $ 1,156,493us-gaap_ProfitLoss |
| Adjustments to reconcile net income (loss) to net cash provided by (used by) operating activities: | ||
| Depreciation and amortization | 7,494us-gaap_DepreciationAndAmortization | 9,459us-gaap_DepreciationAndAmortization |
| Amortization of discount on investment in account receivable | (2,250)us-gaap_AmortizationOfDebtDiscountPremium | 0us-gaap_AmortizationOfDebtDiscountPremium |
| Change in unrealized gain on securities | 0us-gaap_UnrealizedGainLossOnInvestments | 0us-gaap_UnrealizedGainLossOnInvestments |
| Accrued investment interest income | (326)us-gaap_InterestIncomeOperating | 0us-gaap_InterestIncomeOperating |
| Gain recognized on purchase of majority interest in WCI | 0fil_GainRecognizedOnPurchaseOfMajorityInterestInWci1 | (1,250,000)fil_GainRecognizedOnPurchaseOfMajorityInterestInWci1 |
| Decrease (increase) in operating assets | ||
| Accounts receivable - trade | (838)us-gaap_IncreaseDecreaseInAccountsReceivable | 22,499us-gaap_IncreaseDecreaseInAccountsReceivable |
| Prepaid expenses and other current assets | 14,655us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 176,990us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Increase (decrease) in operating liabilities | ||
| Accounts payable | (11,303)us-gaap_IncreaseDecreaseInAccountsPayable | (22,832)us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued expenses | (18,750)us-gaap_IncreaseDecreaseInAccruedLiabilities | 31,210us-gaap_IncreaseDecreaseInAccruedLiabilities |
| Income tax payable | 0us-gaap_IncreaseDecreaseInAccruedTaxesPayable | 0us-gaap_IncreaseDecreaseInAccruedTaxesPayable |
| Accrued salary, retirement and benefits - related party | 32,171us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (150,899)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Net cash provided by (used by) operating activities | (162,736)us-gaap_NetCashProvidedByUsedInOperatingActivities | (27,080)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of property and equipment | (1,221)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (3,443)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Investment in securities | (2,347)us-gaap_PaymentsToAcquireInvestments | (3,319)us-gaap_PaymentsToAcquireInvestments |
| Proceeds from investment in securities | 1,053us-gaap_PaymentsForProceedsFromInvestments | 0us-gaap_PaymentsForProceedsFromInvestments |
| Receivable - Bhang Chocolate Company shareholders | 0us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties | (800,000)us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties |
| Receipt of investment in receivable | 117,000us-gaap_PaymentsToAcquireOtherReceivables | 0us-gaap_PaymentsToAcquireOtherReceivables |
| Investment in convertible note receivable | 0us-gaap_PaymentsToAcquireNotesReceivable | (100,000)us-gaap_PaymentsToAcquireNotesReceivable |
| Proceeds from long term investment | 0us-gaap_PaymentsForProceedsFromLongtermInvestments | 1,150us-gaap_PaymentsForProceedsFromLongtermInvestments |
| Effect of consolidating WCI on January 1, 2014, net of cash | 0fil_EffectOfConsolidatingWciOnJanuary12014NetOfCash | (45,921)fil_EffectOfConsolidatingWciOnJanuary12014NetOfCash |
| Employee advances repaid | 1,200fil_EmployeeAdvancesRepaid1 | 1,354fil_EmployeeAdvancesRepaid1 |
| Net cash provided by (used by) investing activities | 115,694us-gaap_NetCashProvidedByUsedInInvestingActivities | (950,179)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Warrants converted to common stock, net of costs | 99,855fil_WarrantsConvertedToCommonStockNetOfCosts | 3,056,120fil_WarrantsConvertedToCommonStockNetOfCosts |
| Payments on long-term debt | (5,187)us-gaap_RepaymentsOfLongTermDebt | (10,175)us-gaap_RepaymentsOfLongTermDebt |
| Contribution by subsidiary minority interest | 0us-gaap_ProceedsFromContributionsFromAffiliates | 8,300us-gaap_ProceedsFromContributionsFromAffiliates |
| Distribution to non-controlling interest | (25,060)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders | (3,210)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders |
| Shares retired | 0fil_SharesRetired2 | (161)fil_SharesRetired2 |
| Net cash provided by (used by) financing activities | 69,608us-gaap_NetCashProvidedByUsedInFinancingActivities | 3,050,874us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Net change in cash | 22,566us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 2,073,614us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Beginning cash | 326,228us-gaap_CashAndCashEquivalentsAtCarryingValue | 40,184us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Ending cash | 348,794us-gaap_CashAndCashEquivalentsAtCarryingValue | 2,113,798us-gaap_CashAndCashEquivalentsAtCarryingValue |
| SUPPLEMENTARY INFORMATION: | ||
| Cash paid for interest | 1,852us-gaap_InterestPaid | 4,000us-gaap_InterestPaid |
| Cash paid for income taxes | 0us-gaap_IncomeTaxesPaidNet | 0us-gaap_IncomeTaxesPaidNet |
| NON-CASH INVESTING AND FINANCING TRANSACTION: | ||
| Shareholder exercise of warrants by decrease in Liability to shareholder | 0fil_ShareholderExerciseOfWarrantsByDecreaseInLiabilityToShareholder | 433,851fil_ShareholderExerciseOfWarrantsByDecreaseInLiabilityToShareholder |
| Shareholder assumption of warrant liability resulting in Increased liability to shareholder | $ (24,074)fil_ShareholderAssumptionOfWarrantLiabilityResultingInIncreasedLiabilityToShareholder | $ 0fil_ShareholderAssumptionOfWarrantLiabilityResultingInIncreasedLiabilityToShareholder |
| X | ||||||||||
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- Definition
Effect of consolidating WCI on January 1, 2014, net of cash No definition available.
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- Definition
Employee advances repaid during the period No definition available.
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- Definition
Gain recognized on purchase of majority interest in WCI No definition available.
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- Definition
Shareholder assumption of warrant liability resulting in Increased liability to shareholderduring the period No definition available.
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- Definition
hareholder exercise of warrants by decrease in Liability to shareholder during the period No definition available.
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- Definition
Value of shares retired No definition available.
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- Definition
Warrants converted to common stock, net of costs No definition available.
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- Details
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amount due to the reporting entity for good and services provided to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period of all taxes owed but not paid, including income, property and other taxes. No definition available.
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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| X | ||||||||||
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- Definition
The net cash paid (received) associated with the acquisition or disposal of all investments, including securities and other assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount paid (received) by the reporting entity through acquisition or sale and maturities of long-term investments which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, beyond the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the long-term. No definition available.
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- Definition
The cash outflow associated with the purchase of all investments (debt, security, other) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to acquire an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date. Such amount may include accrued interest receivable in accordance with the terms of the note. The note also may contain provisions including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among myriad other features and characteristics. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for the purchase of other receivables not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from an entity that is affiliated with the entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of investments, not including unrealized gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, held at each balance sheet date and included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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