INVESTMENT IN EQUITY SECURITIES
3 Months Ended
Mar. 31, 2013
INVESTMENT IN EQUITY SECURITIES [Text Block]

NOTE 5 – INVESTMENT IN EQUITY SECURITIES

Investments in equity securities ( 150,000 shares of Alterra Power Corp, a publicly traded renewable energy company) activities consisted of the following:

    Amount  
Available-for-sale equity securities:      
         Cost basis $ 88,515  
                 Net unrealized losses   (22,355 )
                   Foreign exchange losses   (609 )
         Fair value at December 31, 2012   65,551  
       
                   Net unrealized losses   (18,293 )
                   Foreign exchange losses   (1,372 )
         Fair value at March 31, 2013 $ 45,886