Marketable securities

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Cash Cash Equivalents And Marketable Securities [Text Block]

NOTE 3 : Marketable Securities

The Company has investments in available-for-sale marketable equity securities which are recorded at fair market value and measured using quoted prices in their respective active market, thus representing a level 1 fair value measurement as defined in ASC 820. Unrealized gains and losses are recorded as other comprehensive income (loss) in shareholders’ equity, net of income tax effects.

The value at cost, gross unrealized holding gains or losses, and fair value of the Company’s available-for-sale marketable securities are summarized below as of December 31:

	2015		2014
Value at cost	$	79,885	$	53,272
Gross unrealized holding gains		-		-
Gross unrealized holding losses		(147)		(198)
Fair value	$	79,738	$	53,074