Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenue    
Service fees $ 2,144,336us-gaap_CostOfServices $ 0us-gaap_CostOfServices
Publication revenue 5,390us-gaap_SubscriptionRevenue 0us-gaap_SubscriptionRevenue
Other revenue 0us-gaap_OtherSalesRevenueNet 32,000us-gaap_OtherSalesRevenueNet
Total revenue 2,149,726us-gaap_Revenues 32,000us-gaap_Revenues
Cost of sales 1,376,565us-gaap_CostOfGoodsAndServicesSold 0us-gaap_CostOfGoodsAndServicesSold
Gross profit 773,161us-gaap_GrossProfit 32,000us-gaap_GrossProfit
Selling, general and administrative expenses 1,859,359us-gaap_SellingGeneralAndAdministrativeExpense 292,899us-gaap_SellingGeneralAndAdministrativeExpense
Operating income (1,086,198)us-gaap_OperatingIncomeLoss (260,899)us-gaap_OperatingIncomeLoss
Other income and (expense)    
Gain recognized on purchase of majority interest in WCI 1,250,000fil_GainRecognizedOnPurchaseOfMajorityInterestInWci 0fil_GainRecognizedOnPurchaseOfMajorityInterestInWci
Interest income 35,648us-gaap_InvestmentIncomeInterest 4,597us-gaap_InvestmentIncomeInterest
Interest expense (20,836)us-gaap_InterestExpense (1,852)us-gaap_InterestExpense
Loan costs (635,851)us-gaap_LoanProcessingFee 0us-gaap_LoanProcessingFee
Gain (loss) on investments (7,181)us-gaap_GainLossOnInvestments 170us-gaap_GainLossOnInvestments
Gain (loss) on equipment disposals (873)us-gaap_GainLossOnDispositionOfAssets1 0us-gaap_GainLossOnDispositionOfAssets1
Other income (expense) 165us-gaap_OtherOperatingIncome 0us-gaap_OtherOperatingIncome
Total other income and (expense) 621,072us-gaap_OtherOperatingIncomeExpenseNet 2,915us-gaap_OtherOperatingIncomeExpenseNet
Income (loss) before provision for income taxes (465,126)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (257,984)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 35,820us-gaap_IncomeTaxExpenseBenefit 800us-gaap_IncomeTaxExpenseBenefit
Net income (loss) (500,945)us-gaap_NetIncomeLoss (258,784)us-gaap_NetIncomeLoss
Loss attributable to non-controlling interest (28,023)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 0us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Net income (loss) attributable to controlling interest $ (472,922)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest $ (258,784)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Basic and diluted net loss per common share:    
Basic $ (0.042)us-gaap_EarningsPerShareBasic $ (0.045)us-gaap_EarningsPerShareBasic
Diluted $ 0us-gaap_EarningsPerShareDiluted $ 0us-gaap_EarningsPerShareDiluted
Weighted average number of shares of common stock outstanding:    
Basic 11,368,461us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 5,741,161us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 0us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 0us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding