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Note 2. Significant Accounting Policies: Revenue Recognition (Policies)
12 Months Ended
Dec. 31, 2013
Policies  
Revenue Recognition

Revenue recognition

 

Revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist, and collectability is reasonably assured.  Payments received before all of the relevant criteria for revenue recognition are satisfied are recorded as advances from customers. No revenues have been recognized in the mining segment or manufacturing segment.