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Investment in Meatball Obsession, LLC
1 Months Ended
Jan. 31, 2014
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Investment in Meatball Obsession, LLC

Note 4 - Investment in Meatball Obsession, LLC

 

During 2011 the Company acquired a 34.62% interest in Meatball Obsession, LLC (“MO”) for a total investment of $27,032. At December 31, 2011 the investment was brought down to $0 due to losses incurred by MO. Based on the below ownership interests, this investment is currently accounted for using the cost method of accounting.

 

During 2013 the Company’s ownership interest in MO fell to 15.8% due to dilution.

 

At January 31, 2014 the Company’s ownership interest in MO was 15.8%.