Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Schedule of Asset Retirement Obligation

The asset retirement obligation is as follows:

	3/31/2018		12/31/2017
Previous Balance	$	101,250	$	101,250
Increases/(decreases) current period		-		-
Ending Balance	$	101,250	$	101,250

Schedule of Investments at Cost

Investments are as follows:

Balance, December 31, 2017	$	0
Realized gains and losses		-
Unrealized gains and losses		-
Balance, March 31, 2018	$	0

Schedule of Marketable Securities

Marketable securities are as follows at March 31, 2018:

Balance at December 31, 2017:	$	176,345
Change in market value at March 31, 2018		(16,348	)
Balance at March 31, 2018:	$	159,997

Schedule of Fair Value Assets and Liabilities Measured

The following table presents the Company’s Marketable securities and Notes Payable within the fair value hierarchy utilized to measure fair value on a recurring basis as of March 31, 2018 and December 31, 2017:

	Level 1		Level 2		Level 3
Marketable Securities – 2017		176,345		-0-		-0-
Marketable Securities – 2016		159,997		-0-		-0-
Notes payable - 2017		-0-		-0-		1,822,236
Notes payable - 2016		-0-		-0-		1,822,236

Schedule of Reconciliation of Beginning and Ending Balances

The following table presents a Level 3 reconciliation of the beginning and ending balances of the fair value measurements using significant unobservable inputs as of September 30, 2017 and December 31, 2016:

	Notes payable
Balance, December 31, 2017	$	1,822,236
Note issuances		-0-
Note payments		-0-
Balance, March 31, 2018	$	1,822,236

Schedule of Earnings Per Share

The ESOP shares issued during 2012 and 2011 have also been excluded from the calculation as they were issued but not outstanding.

	For the three months
	Ended March 31, 2018			Ended March 31, 2017
Income (Loss) (numerator)	$	(227,295	)	$	(145,583	)
Shares (denominator)		155,577,996			114,527,990
Basic and diluted income (loss) per share	$	(0.00	)	$	(0.00	)