Interim Reporting

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Interim Reporting

Note 1

Interim Reporting

While the information presented in the accompanying interim six months consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim periods presented in accordance with accounting principles generally accepted in the United States of America. These interim financial statements follow the same accounting policies and methods of their application as the Company’s December 31, 2015 annual consolidated financial statements. All adjustments are of a normal recurring nature. It is suggested that these interim financial statements be read in conjunction with the Company’s December 31, 2015 annual financial statements. Operating results for the six months ended June 30, 2016 are not necessarily indicative of the results that can be expected for the year ended December 31, 2016.