Marketable Securities

6 Months Ended

Jun. 30, 2019

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Note 3 – Marketable Securities

The Company owns marketable securities (common stock) as of June 30, 2019, and December 31, 2018 is outlined below:

	June 30, 2019		December 31, 2018
Beginning balance	$	8,703	$	41,862
Unrealized gain (loss) marked to fair value		12,669		(33,159	)
Ending balance	$	21,372	$	8,703

Petrogress Inc. (f/k/a 800 Commerce, Inc), was a commonly controlled entity until February 29, 2016, owed the Company $282,947 as of February 29, 2016, as a result of advances received from or payments made by the Company on behalf of Petrogress Inc. These advances were non-interest bearing and were due on demand. Effective February 29, 2016, the Company received 11,025 shares of common stock of Petrogress Inc. as settlement of the $282,947 owed to the Company. The market value on the date the Company received the shares of common stock was $16,525.