Quarterly report pursuant to Section 13 or 15(d)

Note 16 - Derivative Liability: Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Tables)

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Note 16 - Derivative Liability: Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Tables)
6 Months Ended
Jun. 30, 2015
Tables/Schedules  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis are summarized below and disclosed on the balance sheets:

 

 

Fair Value Measurement Using

 

Carrying Value

Level 1

Level 2

Level 3

Total

Derivative liabilities on conversion feature

65,902

-

-

65,902

65,902

Total derivative liabilities

$65,902

-

-

$65,902

$65,902