RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

3 Months Ended

Jun. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

NOTE 14. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

On September 9, 2013 the Company determined that certain items included within the Company’s Consolidated Statement of Cash Flows for the nine months ended June 30, 2013 and for the period from inception to June 30, 2013 constituted noncash activities which do not affect Net Income and these items have been eliminated from the Company’s Statements of Cash Flows for the periods below indicated

Consolidated Statement of Cash Flows for the nine months ended June 30 2013 CASH FLOWS FROM OPERATING ACTIVITIES	As originally presented (873,795)	Elimination: 2,000 Increase (Decrease) in Other Comprehensive Income	As Restated (875,795)
Consolidated Statement of Cash Flows from inception to June 30, 2013 CASH FLOWS FROM OPERATING ACTIVITIES	As originally presented (50,384,390)	Elimination: (41,362,361)  Increase (Decrease) in Other Comprehensive Income	As Restated (9,022,029)

Consolidated Statement of Cash Flows for the nine months ended June 30, 2013 CASH FLOWS FROM FINANCING ACTIVITIES	As originally presented 808,325	Elimination: (2000) (Increase) Decrease in Securities available for Sale	As Restated 810,325
Consolidated Statement of Cash Flows from inception to June 30, 2013 CASH FLOWS FROM FINANCING ACTIVITIES	As originally presented 50,401,539	Elimination: 41,336,361 Increase (Decrease) in Investment in Subsidiary Elimination: 26,000 (Increase) Decrease in Securities available for Sale	As Restated 9,039,178

On September 9, 2013 the Company determined that certain items included within the Company’s Consolidated Statement of Cash Flows for the nine months ended June 30, 2012 constituted noncash activities which do not affect Net Income and these items have been eliminated from the Company’s Statements of Cash Flows for the periods below indicated

Consolidated Statement of Cash Flows for the nine months ended June 30 2012 CASH FLOWS FROM OPERATING ACTIVITIES   As originally presented (42,437,014) Elimination: (41,216,361) Increase (Decrease) in Other Comprehensive Income As Restated (1,220,653)

Consolidated Statement of Cash Flows for the nine months ended June 30, 2012 CASH FLOWS FROM FINANCING ACTIVITIES   As originally presented 42,466,570   Elimination: (120,000) (Increase) Decrease in Securities available for Sale Elimination: 41,336,361 Increase (Decrease) in Investment in Subsidiary   As Restated 1,250,209