Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Summary of significant accounting policies: Policy 7 - Investments (Policies)

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Note 2 - Summary of significant accounting policies: Policy 7 - Investments (Policies)
9 Months Ended
Sep. 30, 2017
Policies  
Policy 7 - Investments

Investments

 

Available-for-sale investment securities consist of readily marketable debt and equity securities. Unrealized gains or losses are generally recorded in other comprehensive income.

 

The Company’s investments in entities where it is a minority owner and does not have the ability to exercise significant influence are recorded at fair value if readily determinable. If the fair market value is not readily determinable, the investment is recorded under the cost-method. Under this method, the Company’s share of the earnings or losses of such investee company is not included in the Company’s financial statements. The Company reviews the carrying value of its long term investments for impairment each reporting period.