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NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Investments (Policies)
6 Months Ended
Jun. 30, 2021
Policies  
Investments

Investments

 

On December 24, 2020, the Company acquired a 9.8% interest in the outstanding stock of a privately held company for $200,000.  As the stock has no readily determinable fair values, the Company accounts for this stock received using the cost method, less adjustments for impairment.  At each reporting period, management reviews the status of the investment to determine if any indicators of impairment have occurred.

 

There were no impairment charges recorded related to investments during the six months ended June 30, 2021.