10-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended   December 31, 2015

[] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Commission File No. 0-53030

WESTMOUNTAIN COMPANY

 (Exact Name of Small Business Issuer as specified in its charter)

WestMountain Asset Management, Inc.

(Previous Name of Small Business Issuer as specified in its charter)

Colorado	26-1315305
(State or other jurisdiction	(IRS Employer File Number)
of incorporation)

1001-A E. Harmony Road, #366
Fort Collins, Colorado	80525
(Address of principal executive offices)	(zip code)

(970) 223-4499

 (Registrant's telephone number, including area code)

Securities to be Registered Pursuant to Section 12(b) of the Act: None

Securities to be Registered Pursuant to Section 12(g) of the Act:

Common Stock, $.001 per share par value

Indicate by check mark if registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes []   No [X].

Indicate by check mark if registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act.

Yes [] No [X].

Indicate by check mark whether the registrant (1) has filed all Reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes: [X]    No: [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit and post such files. Yes [X]  No [ ]

Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation S-K is contained in this form and no disclosure will be contained, to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K. [X]

Indicate by check mark whether the registrant is a large accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer," and "small reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer []	Accelerated filer []
Non-accelerated filer   [] (Do not check if a smaller reporting company)	Smaller reporting company  [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act):  Yes []  No [X].

As of April 13, 2016, the Registrant had outstanding 9,517,402 common shares. State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter: approximately $251,378.

FORM 10-K

WestMountain Company

INDEX

PART I	Page
Item 1. Business	4
Item 1A. Risk Factors	6
Item 2. Property	10
Item 3. Legal Proceedings	10
Item 4. Mine Safety Disclosures	10
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	10
Item 6. Selected Financial Data	13
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations	13
Item 7A. Quantitative and Qualitative Disclosures About Market Risk	17
Item 8. Financial Statements and Supplementary Data	F-1
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosures	18
Item 9A. Controls and Procedures	18
Item 9B. Other Information	19
PART III
Item 10. Directors, Executive Officers and Corporate Governance	19
Item 11. Executive Compensation	20
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	20
Item 13. Certain Relationships and Related Transactions, and Director Independence	21
Item 14. Principal Accountant Fees and Services	23
Item 15. Exhibits Financial Statement Schedules	24
Financial Statements pages	F-1 TO F-19
Signatures	25

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For purposes of this report, unless otherwise indicated or the context otherwise requires, all references herein to "WestMountain Company," "we," "us," and "our," refer to WestMountain Company,  a Colorado corporation, and our wholly-owned subsidiaries WestMountain Business Consulting, Inc., WestMountain Valuation Services, Inc., and WestMountain Allocation Analysis, Inc.

Forward-Looking Statements

The following discussion contains forward-looking statements regarding us, our business, prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause our actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Factors that may affect such forward-looking statements include, without limitation: our ability to successfully develop new products and services for new markets; the impact of competition on our revenues, changes in law or regulatory requirements that adversely affect or preclude clients from using us for certain applications; delays our introduction of new products or services; and our failure to keep pace with our competitors.

When used in this discussion, words such as "believes", "anticipates", "expects", "intends" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. We undertake no obligation to revise any forward-looking statements in order to reflect events or circumstances that may subsequently arise. Readers are urged to carefully review and consider the various disclosures made by us in this report and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect our business.

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PART I

Item 1. DESCRIPTION OF BUSINESS.

Narrative Description of the Business 

We are a fee-based marketing, media and investor relations consultant to public and private companies. We may also invest in companies from time to time, including our clients as a secondary activity.

We operate out of one office in Colorado. Currently, our principal business address is 181 W. Boardwalk, Suite 202, Fort Collins, Colorado 80525. As of April 1, 2016 our new address will be 1001-A E. Harmony Road, #366, Fort Collins, Colorado 80525. We have no specific plans at this point for additional offices.  

On January 1, 2008, we entered into a Service Agreement with Bohemian Companies, LLC to provide us with certain defined services. These services included financial, bookkeeping, accounting, legal and tax matters, as well as cash management, custody of assets, preparation of financial documents, including tax returns and checks, and coordination of professional service providers as may be necessary to carry out the matters covered by the Service Agreement.  We compensated Bohemian Companies, LLC by reimbursing this entity for the allocable portion of the direct and indirect costs of each employee of Bohemian Companies, LLC that performed services on our behalf. This Service Agreement was terminated by mutual agreement of the parties on March 31, 2014. 

On February 26, 2014, we amended our Articles of Incorporation to change our name to WestMountain Company. We were formerly known as WestMountain Asset Management, Inc. No other changes were made to our Articles of Incorporation.

Operations

  We act as a fee-based marketing, media and investor relations consultant to public and private companies. We may also invest in companies from time to time, including our clients as a secondary activity.

Formerly, we also acted as an investment asset manager. Historically, we earned management fees based on the size of the funds managed, and incentive income based on the performance of the funds. We had an asset management services contract between WestMountain Prime, LLC and us, which was terminated as of September 30, 2013. With the termination of the asset management services contract between us and WestMountain Prime, LLC, we no longer provide asset management services to any clients. We have elected not to seek any new asset management services clients in the future but to concentrate solely on providing fee-based consulting services for marketing and media clients.

As a consultant to both public and private companies, we promote public visibility and market acceptance for our clients. We use a number of techniques to achieve these objectives for our clients, including developing public recognition of their business plans and strategic goals, managing investor relations, and engaging in website development and media production. We also utilize various social media outlets and services to deliver our client's message.  We are paid fees for our services by our clients under written consulting agreements.

Approximately 73.9% of the revenues of our clients in fiscal year 2015 came from entities which were under common principal ownership with our majority shareholder. For the years ended December 31, 2015 and 2014, we recorded advisory/consulting revenue of $205,667 and $189,200 respectively. Of the $205,667 and $189,200 recorded advisory/consulting revenue in 2015 and 2014, $152,000 and $152,000 is related party revenue. This advisory/consulting fee revenue relates to services performed on behalf of Nexcore Group, LP and Bohemian Asset Management, Inc. We and the related parties have common affiliates.

As of December 31, 2015 and 2014, the Company recorded $6,000 and $41,125, respectively, as accounts receivable related party on its balance sheet. In 2015, one of the Company's investments declared a distribution of $274,715.  In 2014, one of the Company's investments declared a distribution of $41,125. The receivable was collected in January, 2015.

Our principal executive office is located on 181 W. Boardwalk, Suite 202, Fort Collins, Colorado 80525. We signed a two year lease for a total of 565 square feet of office space at a price of $188 per month plus costs associated with monthly common area fees. Effective April 1, 2016, our new address will be 1001-A E. Harmony Road, #366, Fort Collins, Colorado 80525.

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Currently, we believe that we have sufficient capital to sustain our business operations through December 31, 2016. We were not profitable for the fiscal year ended December 31, 2015 but were profitable for the fiscal year ended December 31, 2014. If we can sustain ongoing profitability, we could operate at our present level indefinitely. To date, we have never had any discussions with any possible acquisition candidate nor have we any intention of doing so.

Markets

We believe that the primary reason that clients would work with us rather than competitors would be the existing relationships that we can develop. We believe that client loyalty and satisfaction can be the basis for success in this business. Therefore, we believe that we have developed and expanded on already existing relationships to develop a competitive edge. We utilize the expertise of our principal officer to develop our business.

Raw Materials

The use of raw materials is not a material factor in our operations at the present time. The use of raw materials may become a material factor in the future as we develop operations.

Customers and Competition

Our business involves acting as a fee-based marketing and media consultant and, secondarily, as an investor. Both businesses are highly competitive. There are numerous similar companies providing such services in the United States of America. Our competitors will have greater financial resources and more expertise in this business. Our ability to develop our business will depend on our ability to successfully develop our business plan in this highly competitive environment. We cannot guarantee that we will be able to continue to do so successfully.

Backlog

At December 31, 2015, we had no backlogs.

Employees

             We have one full-time employee: Mr. Steve Anderson, our President. We also have a part-time employee, Ms. Joni Troska, our corporate Secretary; however, we reimburse our employees for all necessary and customary business related expenses.  We have no plans or agreements which provide health care, insurance or compensation on the event of termination of employment or change in our control.  We do not pay our Director for any Board meeting he attends.

Proprietary Information

We have a proprietary investment screening process to make our investments.  Otherwise, we own no proprietary information.

Government Regulation

We are not currently subject to any material government regulation. We do not expect government regulations to have any material impact on us.

Research and Development

We have never spent any amount in research and development activities.

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Environmental Compliance

We believe that we are not subject to any material costs for compliance with any environmental laws.

How to Obtain our SEC Filings

We file annual, quarterly, and special reports, proxy statements, and other information with the Securities Exchange Commission (SEC). Reports, proxy statements and other information filed with the SEC can be inspected and copied at the public reference facilities of the SEC at 100 F Street N.E., Washington, DC 20549. Such material may also be accessed electronically by means of the SEC's website at www.sec.gov.

We also have a corporate website, www.westmountainam.com, on which we post our regulatory filings.

Effective April 1, 2016, our investor relations department can be contacted at our principal executive office located at 1001-A E. Harmony Road, #366, Fort Collins, Colorado 80525.  Our telephone number is (970) 223-4499.

Item 1A.  RISK FACTORS

You should carefully consider the risks and uncertainties described below and the other information in this document before deciding to invest in shares of our common stock.

The occurrence of any of the following risks could materially and adversely affect our business, financial condition and operating result. In this case, the trading price of our common stock could decline and you might lose all or part of your investment.

Risks Related to Our Business and Industry

We have a limited operating history. While we have been profitable for the fiscal year ended December 31, 2014, we were not profitable for the fiscal year ended December 31, 2015 and prior to 2013.  If we never achieve sustained profitability, we could go out of business.

We were formed as a Colorado business entity in October, 2007. In the past, we have been profitable. While we have been profitable for the fiscal year ended December 31, 2014, we were not profitable for the fiscal year ended December 31, 2015 and prior to 2013. We recognize that we must achieve ongoing profitability to be viable over the long term. If we never achieve sustained profitability, we could go out of business.

We currently rely upon clients under common principal control of our majority shareholder for approximately 74% of our revenues, which means that we could be severally impacted if the current arrangement does not continue and we cannot replace our current clients with other clients.

Approximately 73.9% of the revenues of our clients in fiscal year 2015 came from entities which were under common principal ownership with our majority shareholder. This was down from 80.34% in 2014. Our revenue projections are subject to greater uncertainty than if we had revenue commitments from a number of clients not under common principal ownership. We could be materially impacted if the current arrangement does not continue, and we cannot replace our current clients with other clients. While we have no basis to believe that we will not continue to generate revenue from this arrangement, we cannot assure you that these clients or any of our clients, will continue to purchase our products or services in significant volume, or at all.

Our lack of operating history makes it difficult for us to evaluate our future business prospects and make decisions based on those estimates of our future performance. An investor could lose his entire investment.

We have a limited operating history. An investor has no frame of reference to evaluate our future business prospects. This makes it difficult, if not impossible, to evaluate us as an investment. An investor could lose his entire investment if our future business prospects do not result in our ever sustaining profitability.

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 If we do not continue to generate adequate revenues to finance our operations, our business may fail.

As of December 31, 2015, we had a cash position of $579,971. We anticipate that operating costs will range between $300,000 and $400,000, for the fiscal year ending December 31, 2016. These operating costs include payroll, contract services, marketing costs, and all other costs of operations. We will use contract employees who will be paid on an hourly or monthly fee basis. However, the operating costs and expected revenue generation are difficult to predict. We expect to continue to generate revenues in the next twelve months from our fee-based marketing, media and investor relations consulting services. Since there can be no assurances that revenues will be sufficient to cover operating costs for the foreseeable future, it may be necessary to raise additional funds. Due to our lack of operating history, raising additional funds may be difficult.

Competition in our industry is intense.

Our business plan involves acting as a fee-based marketing and media consultant to public and private companies. This business is highly competitive. There are numerous similar companies providing such services in the United States of America. Our competitors will have greater financial resources and more expertise in this business. Our ability to develop our business will depend on our ability to successfully market our services in this highly competitive environment. We cannot guarantee that we will be able to do so successfully.

The share control position of WestMountain Blue, LLC will limit the ability of other shareholders to influence corporate actions.

Our largest shareholder, WestMountain Blue, LLC, of which Mr. Klemsz is a 16.8% member, owns 8,505,652 shares and thereby controls approximately 90% of our outstanding shares. Because WestMountain Blue, LLC individually beneficially controls more than a majority of the outstanding shares, other shareholders, individually or as a group, will be limited in their ability to effectively influence the election or removal of our directors, the supervision and management of our business or a change in control of or sale of our company, even if they believed such changes were in the best interest of our shareholders generally.

Our future success depends, in large part, on the continued service of our President and Treasurer

We depend almost entirely on the efforts and continued employment of Mr. Anderson, our President, and Mr. Klemsz, our Treasurer. Mr. Anderson is our primary executive officer, and we will depend on him for nearly all aspects of our operations. We do not have an employment contract with either Mr. Anderson or Mr. Klemsz, and we do not carry key person insurance on the life of either gentleman. The loss of the services of either Mr. Anderson or Mr. Klemsz through incapacity or otherwise, would have a material adverse effect on our business. It would be very difficult to find and retain qualified personnel such as either Mr. Anderson or Mr. Klemsz.

Our success also depends upon our ability to develop relationships with our clients. If we cannot develop sufficient relationships, we may never become profitable.  An investor could lose his entire investment.

We now have one line of business. We operate as a fee-based marketing and media consultant to client companies, which include both public and private entities.  Our success now depends, in large part, on our ability to develop relationships with potential consulting services clients. We have no long-term contracts or other contractual assurances of consulting services. We may never develop sufficient consulting services clients, which would negatively impact our proposed operations. As a result, we may never become profitable or be able to sustain profitability. An investor could lose his or her entire investment.

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Risks Related to an Investment in Our Common Stock

The lack of a broker or dealer to create or maintain a market in our stock could adversely impact the price and liquidity of our securities.

We have no agreement with any broker or dealer to act as a market maker for our securities and there is no assurance that we will be successful in obtaining any market makers. Thus, no broker or dealer will have an incentive to make a market for our stock. The lack of a market maker for our securities could adversely influence the market for and price of our securities, as well as your ability to dispose of, or to obtain accurate information about, and/or quotations as to the price of, our securities.

We have limited experience as a public company.

We have only operated as a public company since January, 2009. We trade on the OTC Bulletin Board under the trading symbol WASM. Thus, we have limited experience in complying with the various rules and regulations which are required of a public company. As a result, we may not be able to operate successfully as a public company, even if our operations are successful. We plan to comply with all of the various rules and regulations which are required of a public company. However, if we cannot operate successfully as a public company, your investment may be materially adversely affected. Our inability to operate as a public company could be the basis of your losing your entire investment in us.

We may be required to register under the Investment Company Act of 1940, or the Investment Advisors Act, which could increase the regulatory burden on us and could negatively affect the price and trading of our securities.

Because our proposed business may involve the identification, acquisition and development of investments, we may be required to register as an investment company under the Investment Company Act of 1940 or the Investment Advisors Act and analogous state law. While we believe that we are currently either not an investment company or an investment advisor or are exempt from registration as an investment company under the Investment Company Act of 1940 or the Investment Advisors Act and analogous state law, either the SEC or state regulators, or both, may disagree and could require registration either immediately or at some point in the future. As a result, there could be an increased regulatory burden on us, which could negatively affect the price and trading of our securities.

Our stock has a limited public trading market and there is no guarantee an active trading market will ever develop for our securities.

There has been, and continues to be, a limited public market for our common stock. An active trading market for our shares has not, and may never develop or be sustained. If you purchase shares of common stock, you may not be able to resell those shares at or above the initial price you paid. The market price of our common stock may fluctuate significantly in response to numerous factors, some of which are beyond our control, including the following:

*	actual or anticipated fluctuations in our operating results;
*	changes in financial estimates by securities analysts or our failure to perform in line with such estimates;
*	changes in market valuations of other companies, particularly those that market services such as ours;
*	announcements by us or our competitors of significant innovations,  acquisitions, strategic partnerships, joint ventures or capital commitments;
*	introduction of product enhancements that reduce the need for the products our projects may develop;
*	departures of key personnel.

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Of our total outstanding shares as of December 31, 2015, a total of 8,755,652, or approximately 91.99%, will be restricted from immediate resale but may be sold into the market in the near future. This could cause the market price of our common stock to drop significantly, even if our business is doing well.

As restrictions on resale end, the market price of our stock could drop significantly if the holders of restricted shares sell them or are perceived by the market as intending to sell them.

Applicable SEC rules governing the trading of "Penny Stocks" limit the liquidity of our common stock, which may affect the trading price of our common stock.

Our common stock is currently quoted on the Over-the-Counter Bulletin Board and trades well below $5.00 per share. As a result, our common stock is considered a "penny stock" and is subject to SEC rules and regulations that impose limitations upon the manner in which our shares can be publicly traded.  These regulations require the delivery, prior to any transaction involving a penny stock, of a disclosure schedule explaining the penny stock and the associated risks.  Under these regulations, certain brokers who recommend such securities to persons other than established customers or certain accredited investors must make a special written suitability determination for the purchaser and receive the written purchaser's agreement to a transaction prior to purchase.  These regulations have the effect of limiting the trading activity of our common stock and reducing the liquidity of an investment in our common stock.

The over-the-counter market for stock such as ours is subject to extreme price and volume fluctuations.

The securities of companies such as ours have historically experienced extreme price and volume fluctuations during certain periods. These broad market fluctuations and other factors, such as new product developments and trends in the our industry and in the investment markets generally, as well as economic conditions and quarterly variations in our operational results, may have a negative effect on the market price of our common stock.

Buying low-priced penny stocks is very risky and speculative.

Our common shares are defined as a penny stock under the Securities and Exchange Act of 1934, and rules of the Commission. The Exchange Act and such penny stock rules generally impose additional sales practice and disclosure requirements on broker-dealers who sell our securities to persons other than certain accredited investors who are, generally, institutions with assets in excess of $5,000,000 or individuals with net worth in excess of $1,000,000 or annual income exceeding $200,000, or $300,000 jointly with spouse, or in transactions not recommended by the broker-dealer. For transactions covered by the penny stock rules, a broker-dealer must make a suitability determination for each purchaser and receive the purchaser's written agreement prior to the sale. In addition, the broker-dealer must make certain mandated disclosures in penny stock transactions, including the actual sale or purchase price and actual bid and offer quotations, the compensation to be received by the broker-dealer and certain associated persons, and deliver certain disclosures required by the Commission. Consequently, the penny stock rules may affect the ability of broker-dealers to make a market in or trade our common stock and may also affect your ability to resell any shares you may purchase in the public markets. 

Issuances of our stock could dilute current shareholders and adversely affect the market price of our common stock, if an active public trading market develops.

We have the authority to issue up to 50,000,000 shares of common stock, 1,000,000 shares of preferred stock, and to issue options and warrants to purchase shares of our common stock without stockholder approval. Although no financing is planned currently, we may need to raise additional capital to fund operating losses. If we raise funds by issuing equity securities, our existing stockholders may experience substantial dilution. In addition, we could issue large blocks of our common stock to fend off unwanted tender offers or hostile takeovers without further stockholder approval.

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The issuance of preferred stock by our board of directors could adversely affect the rights of the holders of our common stock. An issuance of preferred stock could result in a class of outstanding securities that would have preferences with respect to voting rights and dividends and in liquidation over the common stock and could, upon conversion or otherwise, have all of the rights of our common stock. Our board of directors' authority to issue preferred stock could discourage potential takeover attempts or could delay or prevent a change in control through merger, tender offer, proxy contest or otherwise by making these attempts more difficult or costly to achieve.

Colorado law and our Articles of Incorporation protect our directors from certain types of lawsuits, which could make it difficult for us to recover damages from them in the event of a lawsuit.

       Colorado law provides that our directors will not be liable to our company or to our stockholders for monetary damages for all but certain types of conduct as directors. Our Articles of Incorporation require us to indemnify our directors and officers against all damages incurred in connection with our business to the fullest extent provided or allowed by law. The exculpation provisions may have the effect of preventing stockholders from recovering damages against our directors caused by their negligence, poor judgment or other circumstances. The indemnification provisions may require our company to use our assets to defend our directors and officers against claims, including claims arising out of their negligence, poor judgment, or other circumstances.

We do not expect to pay dividends on common stock.

We have not paid any cash dividends with respect to our common stock, and it is unlikely that we will pay any dividends on our common stock in the foreseeable future. Earnings, if any, that we may realize will be retained in the business for further development and expansion.

ITEM 2. DESCRIPTION OF PROPERTY.

Our principal executive offices are located at 181 W. Boardwalk, Suite 202, Fort Collins, Colorado 80525, and our telephone number is (970) 223-4499.Our office is leased from an unaffiliated third party under a monthly lease at the rate of $323 per month.  Effective April 1, 2016, our office will be located at 1001-A E. Harmony Road, #366, Fort Collins, Colorado 80525. We own no real estate nor have plans to acquire any real estate.

ITEM 3. LEGAL PROCEEDINGS.

We are not a party to any material legal proceedings, nor is our property the subject of any material legal proceeding.

ITEM 4. MINE SAFETY DISCLOSURES.

Not applicable to smaller reporting companies.

PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Holders

As of December 31, 2015, there were fifty-two record holders of our common stock and there were 9,517,402 shares of our common stock outstanding.

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Market Information

A limited public market currently exists for shares of our common stock. We began trading on the Over-the-Counter Bulletin Board under the trading symbol WASM in January, 2009. The following table sets forth the high and low closing bid prices of our common stock on for the period indicated in 2015 and 2014.

	Closing Bid Price
	High		Low
2015
First Quarter	$	0.55	$	0.55
Second Quarter	$	0.55	$	0.40
Third Quarter	$	0.40	$	0.40
Fourth Quarter	$	0.40	$	0.35

	Closing Bid Price
	High		Low
2014
First Quarter	$	0.75	$	0.33
Second Quarter	$	0.75	$	0.75
Third Quarter	$	0.75	$	0.75
Fourth Quarter	$	0.75	$	0.55

The last date that our common stock was traded was on December 18, 2015. On that date, the most recent date that the stock traded, the closing bid price of our common stock in the OTC Bulletin Board was $0.35 per share, volume was 138 shares, and the number of shares issued and outstanding was 9,517,402.

The Securities Enforcement and Penny Stock Reform Act of 1990

The Securities and Exchange Commission has also adopted rules that regulate broker-dealer practices in connection with transactions in penny stocks. Penny stocks are generally equity securities with a price of less than $5.00 (other than securities registered on certain national securities exchanges or quoted on the Nasdaq system, provided that current price and volume information with respect to transactions in such securities is provided by the exchange or system).

A purchaser is purchasing penny stock, which limits the ability to sell the stock. Our shares constitute penny stock under the Securities and Exchange Act. The shares will remain penny stock for the foreseeable future. The classification of penny stock makes it more difficult for a broker-dealer to sell the stock into a secondary market, which makes it more difficult for a purchaser to liquidate his/her investment. Any broker-dealer engaged by the purchaser for the purpose of selling his or her shares in us will be subject to Rules 15g-1 through 15g-10 of the Securities and Exchange Act. Rather than creating a need to comply with those rules, some broker-dealers will refuse to attempt to sell penny stock.

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The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from those rules, to deliver a standardized risk disclosure document prepared by the Commission, which:

● contains a description of the nature and level of risk in the market for penny stocks in both public offerings and secondary trading;

● contains a description of the broker's or dealer's duties to the customer and of the rights and remedies available to the customer with respect to a violation to such duties or other requirements of the Securities Act of 1934, as amended;

● contains a brief, clear, narrative description of a dealer market, including "bid" and "ask" prices for penny stocks and the significance of the spread between the bid and ask price;

● contains a toll-free telephone number for inquiries on disciplinary actions;

● defines significant terms in the disclosure document or in the conduct of trading penny stocks; and

● contains such other information and is in such form (including language, type, size and format) as the Securities and Exchange Commission shall require by rule or regulation;

The broker-dealer also must provide, prior to effecting any transaction in a penny stock, to the customer:

● the bid and offer quotations for the penny stock;

● the compensation of the broker-dealer and its salesperson in the transaction;

● the number of shares to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the market for such stock; and

● monthly account statements showing the market value of each penny stock held in the customer's account.

In addition, the penny stock rules require that prior to a transaction in a penny stock not otherwise exempt from those rules; the broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written acknowledgment of the receipt of a risk disclosure statement, a written agreement to transactions involving penny stocks, and a signed and dated copy of a written suitability statement. These disclosure requirements will have the effect of reducing the trading activity in the secondary market for our stock because it will be subject to these penny stock rules. Therefore, stockholders may have difficulty selling their securities.

Equity Compensation Plan Information

On August 15, 2011, the Company approved the employee compensation plan and granted a total of 200,000 common stock options to our employees. As stated in the compensation plan, these options have a four year term. Fifty percent of the options were vested and exercisable immediately, 25% on the first anniversary date of August 15, 2012 and 25% on the second anniversary date of August 15, 2013. The options have an exercise price of $0.27 per share, which was the fair value of the stock on the day of the grant. Given a risk free rate of 0.99% a volatility input of 99.96% and using the simplified method, the maturity time used in the calculation is 2.375 years.  All of the options have expired as of December 31, 2015.

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Stock Transfer Agent

The stock transfer agent for our securities is Corporate Stock Transfer of Denver, Colorado.  Their address is 3200 Cherry Creek Drive South, Suite 430, Denver, Colorado 80209. Their phone number is (303) 282-4800.

Dividend Policy

We have not previously declared or paid any dividends on our common stock and do not anticipate declaring any dividends in the foreseeable future. The payment of dividends on our common stock is within the discretion of our board of directors. We intend to retain any earnings for use in our operations and the expansion of our business. Payment of dividends in the future will depend on our future earnings, future capital needs and our operating and financial condition, among other factors that our board of directors may deem relevant. We are not under any contractual restriction as to our present or future ability to pay dividends.

ITEM 6. SELECTED FINANCIAL DATA

A smaller reporting company is not required to provide the information in this Item.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This Management's Discussion and Analysis or Plan of Operation contains forward-looking statements that involve future events, our future performance and our expected future operations and actions. In some cases, you can identify forward-looking statements by the use of words such as "may", "will", "should", "anticipate", "believe", "expect", "plan", "future", "intend", "could", "estimate", "predict", "hope", "potential", "continue", or the negative of these terms or other similar expressions. These forward-looking statements are only our predictions and involve numerous assumptions, risks and uncertainties. Our actual results or actions may differ materially from these forward-looking statements for many reasons, including, but not limited to, the matters discussed in this report under the caption "Risk Factors". We urge you not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update any forward looking-statements, whether as a result of new information, future events or otherwise.

The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this report.

Results of Operations

For the fiscal year ended December 31, 2015 we had revenue of $205,667. In comparison for the fiscal year ended December 31, 2014 we had revenue of $189,200.  In 2015, we recorded consulting fees of $205,667, of which $152,000 were from a related party. We also recorded $-0- in management fees from a related party. We recorded consulting fees of $189,200 in the fiscal year ended December 31, 2014, of which $152,000 were from a related party, and $-0- in management fees from a related party.

Operating expenses were $395,416 and $379,604, respectively for the years ended December 31, 2015 and 2014. Of the $395,416, $446,346 was mostly related to payroll and contract services.  The remaining was a $60,937 write-off of notes receivable.   

For the year ended December 31, 2015 we had a net loss of $91,486. In comparison for the year ended December 31, 2014 we had net income of $122,954. The decrease in net income was a result of a write-off of an investment in Omni Bio Pharmaceutical, Inc. of $193,634 in Other Income (Expense) and a write-off of note receivables of $60,937. For the fiscal year ended December 31, 2015, we received dividend and distribution income of $280,225, compared to dividend and distribution income of $305,059 for the fiscal year ended December 31, 2014, a decrease of $24,834.

- 13 -

As of December 31, 2015, we hold nine investment positions. All the companies classified as marketable securities are publicly traded and listed on the OTC Bulletin Board. Those classified as nonmarketable are private companies or do not have an active market for their shares. The table below lists the investments and total shares owned by us as of December 31, 2015.

Company Name	Shares		Units
Marketable Securities:
Omni Bio Pharmaceutical, Inc.		-		-
Hangover Joe's Holding Corporation		868,463		-
Silver Verde May Mining Co., Inc.		246,294		-
WestMountain Gold, Inc.		918,000		-
Total Shares or Units		2,032,757		-
Nonmarketable Securities:
SKRP 16, Inc.		200,000		-
NexCore Real Estate LLC (Class B Units)		-		1,645,000
WestMountain Distressed Debt		80,000
Total Shares or Units		280,000		1,645,000
Total		2,312,757		1,645,000

Our ninth position involves Marine Exploration, Inc. In 2008 the Company invested $50,000 for 175,000,000 shares of common stock in Marine Exploration, which represented 39% of the outstanding common stock of Marine Exploration. The Company recorded this long-term investment using the equity method of accounting for investments. Any net income or net loss must be recorded against the Company's investment, not to exceed the original investment of $50,000. Marine Exploration incurred significant losses during 2008, and the investment was reduced to zero. On August 24, 2010, Marine Exploration authorized a reverse split of 1 new share for 500 old shares of their common stock. As of this date, the Company has less than 1% ownership in Marine Exploration.

Liquidity and Capital Resources.

As of December 31, 2015, we had cash or cash equivalents of $579,971.

For the fiscal year ended December 31, 2015 net cash provided by operating activities was $171,272 compared to net cash provided by operating activities for the fiscal year ended December 31, 2014 of $417,708. The difference of $246,436 over the two years, was mainly associated with Accounts receivable, related parties change in 2014 of $352,738. This amount was mainly associated with dividends and distributions recorded in 2013 and respective cash was deposited in 2014. In addition, all but a $41,125 dividend for 2014 was received and deposited in 2014.  This $41,125 was collected during January 2015.

For the fiscal year ended December 31, 2015 net cash used by investing activities was $36,712 compared to net cash used in investing activities for the fiscal year ended December 31, 2014 of $30,289. In 2015 and 2014, we loaned $35,000 and $25,000 to a related party, respectively. In 2015, we wrote off all the related party notes receivable in the amount of $60,937,

For the fiscal years ended December 31, 2015 and 2014 net cash flows provided by financing activities were $-0-.  

Over the next twelve months we do not expect any material or capital costs to develop operations.

Our daily operational expenses in 2015, excluding the write off of related party notes, decreased over 2015 as in 2014 we were paying marketing and social media expenses to raise awareness of our Company through our website, Facebook, and YouTube. Part of the marketing services increase was associated with outside marketing contractors that we used to assist us in meeting client deadlines.

- 14 -

On November 4, 2015, the Board of Directors of NexCore Companies LLC, authorized a $0.167 per unit cash distribution payable to unit holders of record as of December 15, 2015. On December 18, 2015, we deposited a check in the amount of $274,715 as a result of that distribution. In addition, we posted the related tax impact of $5,510.

On January 3, 2014, NexCore Healthcare Capital Corp. declared a $0.10 per share cash dividend to holders of NexCore common stock of record on January 16, 2014. As of that date, the Company owned 1,645,000 shares of common stock and received a cash dividend of $164,500.

In March 2014, the Company received an additional distribution from Nexcore Real Estate in the amount of $1,425.

On December 15, 2014, the Board of Directors of NexCore Healthcare Capital Corp, as manager of NexCore Real Estate, authorized a $0.0675 per unit cash distribution payable to holders of NexCore Real Estate Class B Units of record on December 1, 2014. On December 30, 2014, we deposited a check in the amount of $111,038 as a result of that distribution.

In addition, on December 15, 2014 the Board of Directors for NexCore Healthcare Capital Corp, authorized a $0.025 per share cash dividend payable to holders of NexCore common stock of record on December 1, 2014. We recorded a $41,125 receivable and respective dividend income in December 2014. On January 7, 2015 we deposited a check in the amount of $41,125 as a result of that cash dividend.

In November 2014 we were notified by Nexcore Real Estate that we had received an over distribution in the amount of $29,478 that we paid back to Nexcore Real Estate in December 2014. The over distribution was associated with Illinois tax that was disbursed to the State of Illinois on the Company's behalf. This payment has been recorded against dividend income on non- marketable securities in the other income and expense section of the income statement.

Currently, we believe that we have sufficient capital to implement our business operations or to sustain them at our present level indefinitely. To date, we have never had any discussions with any possible acquisition candidate nor have we any intention of doing so.

We operate out of one office in Colorado. We have no specific plans at this point for additional offices.   

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements with any party.

 Critical Accounting Policies

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, or GAAP, requires management to use judgment in the application of accounting policies, including making estimates and assumptions. We base our estimates on historical experience and on various other assumptions believed to be reasonable under the circumstances. These judgments affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. If our judgment or interpretation of the facts and circumstances relating to various transactions had been different, it is possible that different accounting policies would have been applied resulting in a different presentation of our financial statements. From time to time, we evaluate our estimates and assumptions. In the event estimates or assumptions prove to be different from actual results, adjustments are made in subsequent periods to reflect more current information. Below is a discussion of accounting policies that we consider critical in that they may require complex judgment in their application or require estimates about matters that are inherently uncertain.

- 15 -

Fair Value Measurements

ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC 820 also requires disclosure about how fair value is determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows:

Level 1:	Quoted prices in active markets for identical assets or liabilities;
Level 2:	Quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability; or
Level 3:	Unobservable inputs in which there is little or no market data, which requires the reporting entity to develop its own assumptions.

The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

Revenue Recognition

We provide investor relations, website development, video production, and associated marketing and media services to clients. We are paid fees for our services by our clients under written consulting agreements.  As a secondary source of revenue, we raise, invest and manage private equity and direct investment funds for third parties including high net worth individuals and institutions. We earn management fees based on the size of the funds that we manage and incentive income based on the performance of these funds. We do not focus on any particular industry but look at any and all opportunities. We will screen investments with emphasis towards finding opportunities with long term potential.

Revenue is recognized under the full accrual method. Under the full accrual method, profit may be realized in full when funds are invested and managed, provided (1) the profit is determinable and (2) the earnings process is virtually complete (the Company is not obligated to perform significant activities).

Recently Issued Accounting Pronouncements

In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. The new standard requires management to assess an entity's ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740)" providing guidance on the balance sheet classification of deferred taxes. The guidance requires that deferred tax assets and liabilities to be classified as noncurrent in the Balance Sheet. The guidance is effective for fiscal years beginning after December 15, 2016 and for interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

- 16 -

In February 2015, the FASB issued Accounting Standards Update No. 2015-02 (ASU 2015-02), Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") — The evaluation of limited partnerships or similar entities as variable interest entities ("VIEs"), was modified. The revised requirements may affect the method of consolidation for reporting entities involved with such entities. All legal entities are subject to reevaluation under the revised consolidation mode. ASU 2015-02 affects the following areas: (1) limited partnerships and similar legal entities; (2) evaluating fees paid to a decision maker or a service provider as a variable interest; (3) the effect of fee arrangements on the primary beneficiary determination; (4) the effect of related parties on the primary beneficiary determination; and (5) certain investment funds. ASU 2015-02 is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the guidance in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. A reporting entity may apply the amendments in this guidance using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption. A reporting entity also may apply the amendments retrospectively. The adoption of ASU 2015-02 is not expected to have any impact on the Company's financial statement presentation or disclosures.

Management believes there were various other accounting standards and interpretations issued during 2015 and 2014, none of which are expected to have a material impact on the Company's consolidated financial position, operations, or cash flows.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK.

A smaller reporting company is not required to provide the information in this Item.

- 17 -

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

TABLE OF CONTENTS

	Page
Report of Independent Registered Public Accounting Firm		F - 2
Consolidated Balance Sheets at December 31, 2015 and 2014		F - 3
Consolidated Statements of Operations and Comprehensive Income (Loss) for the Years    ended December 31, 2015 and  December 31, 2014		F - 4
Consolidated Statement of Shareholders' Equity for the Years ended December 31, 2015 and December 31, 2014		F - 5
Consolidated Statements of Cash Flows for the Years ended December 31, 2015 and  December 31, 2014		F - 6
Notes to Consolidated Financial Statements		F - 7

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors

WestMountain Company

Fort Collins, Colorado

We have audited the accompanying consolidated balance sheets of WestMountain Company and its subsidiaries (collectively, the "Company") as of December 31, 2015 and 2014, and the related consolidated statements of operations and comprehensive income (loss), changes in shareholders' equity, and cash flows for each of the years then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform an audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of WestMountain Company and its subsidiaries as of December 31, 2015 and 2014, and the results of their operations and their cash flows for each of the years then ended in conformity with accounting principles generally accepted in the United States of America.

/s/MaloneBailey, LLP

www.malonebailey.com

Houston, Texas

April 13, 2016

F-2

WestMountain Company
Consolidated Balance Sheets
	December 31,			December 31,
	2015			2014
Assets
Current Assets:
Cash and cash equivalents	$	579,971		$	445,411
Investments in marketable securities		117,022			1,006,230
Accounts receivable, related party		6,000			41,125
Accounts receivable		16,435			12,300
Note receivable, related parties		-			25,937
Income tax receivable		19,873			-
Prepaid expenses		2,308			9,807
Deferred tax asset, net		106,208			-
Total current assets		847,817			1,540,810
Property and equipment, net of accumulated depreciation of		5,827			6,173
$11,531 and $9,473, respectively
Investments in nonmarketable securities, at cost		31,645			31,645
Total assets	$	885,289		$	1,578,628
Liabilities and Shareholders' Equity
Current Liabilities:
Accounts payable and accrued liabilities	$	44,133		$	37,293
Accounts payable and accrued liabilities, related parties		5,751			-
Deferred tax liability		-			107,958
Income tax payable		-			68,662
Total current liabilities		49,884			213,913
Total liabilities		49,884			213,913
Shareholders' Equity:
Preferred stock, $0.10 par value; 1,000,000 shares authorized,		-			-
none issued and outstanding
Common stock, $.001 par value; 50,000,000 shares authorized,
9,517,402 shares issued and outstanding		9,518			9,518
Additional paid-in-capital		927,355			927,355
Accumulated earnings (deficit)		(82,534	)		8,952
Other comprehensive income (loss), net		(18,934	)		418,890
Total shareholders' equity		835,405			1,364,715
Total liabilities and shareholders' equity	$	885,289		$	1,578,628

The accompanying notes are an integral part of these consolidated financial statements.

F-3

WestMountain Company
Consolidated Statements of Operations and Comprehensive Income (Loss)
	Years Ended
	December 31,
	2015			2014
Revenue:
Advisory/consulting fees, related parties	$	152,000		$	152,000
Advisory/consulting fees		53,667			37,200
Total revenue		205,667			189,200
Operating expenses:
Selling, general and administrative expenses		334,479			379,604
Write-off of note receivable, related party		60,937			-
Total operating expenses		395,416			379,604
Loss from operations		(189,749	)		(190,404	)
Other income (expense)
Interest income		-			937
Dividend income on non marketable securities		-			205,625
Distribution income on non marketable securities		280,225			99,434
Impairment loss on available for sale marketable securities		(193,634	)		-
Realized loss on available for sale marketable securities		-			(5,955	)
Total other income (expense)		86,591			300,041
Net (loss) income before income taxes		(103,158	)		109,637
Income tax (benefit)		(11,672	)		(13,317	)
Net (loss) income	$	(91,486	)	$	122,954
Other comprehensive (loss)
Unrealized loss on investments in marketable equity securities, net of tax		(437,824	)		(231,515	)
Comprehensive (loss)	$	(529,310	)	$	(108,561	)
Basic net (loss) income per share	$	(0.01	)	$	0.01
Diluted net (loss) income per share	$	(0.01	)	$	0.01
Basic weighted average common shares outstanding		9,517,402			9,517,402
Diluted weighted average common shares outstanding		9,517,402			9,636,805

The accompanying notes are an integral part of these consolidated financial statements.

F-4

.

WestMountain Company
Consolidated Statement of Shareholders' Equity
Years Ended December 31, 2015 and 2014
																		Accumulated
	Preferred Stock					Common Stock					Additional			Accumulated				Other
			Par					Par			Paid-in			(Deficit)				Comprehensive
	Shares		Value			Shares		Value			Capital			Earnings				Income (Loss)				Total
Balance at December 31, 2013		-		$	-		9,517,402		$	9,518		$	927,355		$	(114,002	)		$	650,405			$	1,473,276
Unrealized loss on investments																				(231,515	)			(231,515	)
Net income		-			-		-			-			-			122,954								122,954
Balance at December 31, 2014		-		$	-		9,517,402		$	9,518		$	927,355		$	8,952			$	418,890			$	1,364,715
Unrealized loss on investments																				(437,824	)			(437,824	)
Net loss		-			-		-			-			-			(91,486	)							(91,486	)
Balance at December 31, 2015		-		$	-		9,517,402		$	9,518		$	927,355		$	(82,534	)		$	(18,934	)		$	835,405

The accompanying notes are an integral part of these consolidated financial statements.

F-5

WestMountain Company
Consolidated Statements of Cash Flows
	Years Ended
	December 31,
	2015			2014
Cash flows from operating activities:
Net (loss) income	$	(91,486	)	$	122,954
Adjustments to reconcile net (loss) income to net cash provided by   operating activities:
Depreciation and amortization		2,058			793
Realized loss on available for sale marketable securities		-			5,955
Impairment loss on available for sale marketable securities		193,634			-
Deferred income tax (benefit) expense		43,584			(59,077	)
Write-off of note receivable, related party		60,937			-
Changes in operating assets and operating liabilities:
Prepaid expenses and other current assets		7,499			(6,522	)
Accounts receivable		(4,135	)		2,483
Accounts receivable, related parties		35,125			352,738
Accounts payable and accrued liabilities		6,840			(36,719	)
Accounts payable, related parties		5,751			-
Income tax receivable		(88,535	)		35,103
Net cash provided by operating activities		171,272			417,708
Cash flows from investing activities:
Purchases of equipment		(1,712	)		(6,173	)
Loan to related party		(35,000	)		(25,000	)
Purchases of investments		-			(52	)
Proceeds from the sale of available for sale securities		-			936
Net cash (used in) investing activities		(36,712	)		(30,289	)
Net change in cash and cash equivalents		134,560			387,419
Cash and cash equivalents, beginning of period		445,411			57,992
Cash and cash equivalents, end of period	$	579,971		$	445,411
Supplemental disclosure of cash flow information:
Cash paid during the period for:
Income taxes	$	62,650		$	43,690
Interest		-			-
Non cash investing and financing activities
Unrealized loss on investments in marketable equity securities, net of tax	$	437,824		$	231,515

The accompanying notes are an integral part of these consolidated financial statements.

F-6

WestMountain Company

Notes to Consolidated Financial Statements

(1)    Nature of Organization and Summary of Significant Accounting Policies

Nature of Organization and Basis of Presentation

WestMountain Company ("we", "our" or the "Company"), formerly known as WestMountain Asset Management, Inc. was incorporated in the state of Colorado on October 18, 2007 and on this date approved its business plan and commenced operations.

As a consultant to both public and private companies, we promote public visibility and market acceptance for our clients. We use a number of techniques to achieve these objectives for our clients, including developing public recognition of their business plans and strategic goals, managing investor relations, and engaging in website development and media production. We also utilize various social media outlets and services to deliver our client's message. We are paid fees for our services by our clients under written consulting agreements.

Principles of Consolidation

Property holding entities and other subsidiaries of which we own 100% of the equity or have a controlling financial interest evidenced by ownership of a majority voting interest are consolidated. All inter-company balances and transactions are eliminated.

The accompanying consolidated financial statements include the accounts of WestMountain Company and the following 100% owned subsidiaries, which were active at December 31, 2015:

       WestMountain Business Consulting, Inc.

       WestMountain Allocation Analytics, Inc.

       WestMountain Valuation Services, Inc.

Reclassifications

Certain prior period amounts have been reclassified to conform to current period presentation.

Use of Estimates

The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents.  There were no cash equivalents as of December 31, 2015 and December 31, 2014. 

Accounts Receivable

Accounts receivable consists of amounts due from consulting fees associated with marketing and media consulting and dividends due from a related party. The Company considers accounts more than 30 days old to be past due. The Company uses the allowance method for recognizing bad debts. When an account is deemed uncollectible, it is written off against the allowance. Management records reasonable allowances to fairly represent accounts receivable amounts that are collectible.  For the years ended December 31, 2015 and 2014, the Company did not record any allowance against our accounts receivable balance.

Notes Receivable, Related Party

Notes receivable consists of unsecured loans to a related party and are reported at the outstanding principal balance including accrued interest. As of December 31, 2015 and 2014, the outstanding principal and accrued interest balance was $60,937, net of an allowance of $60,937 and $25,937, net of an allowance of $0, respectively.

F-7

Allowance for Loss on Note Receivable, Related Party

The allowance for loss on note receivable is the amount that, in the opinion of management, is necessary to absorb probable losses inherent in the note receivable.  The allowance is determined based upon numerous considerations including local economic conditions, a review of the value of collateral supporting the note receivable and the collectability of the note receivable. As a result of the test of adequacy, required adjustments to the allowance for loan losses are made periodically by changes to the provision for loss on note receivable. As of December 31, 2015 and 2014, the allowance for loss on note receivable was $60,937 and $0, respectively. A write-off of note receivable, related party was recognized in 2015 resulting in a loss of $60,937.

Related Parties

A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

The Company had three unsecured promissory notes from WestMountain Distressed Debt. On December 31, 2015 management evaluated the collectability of the notes and determined it was necessary to write the balances off. A total of $60,937 was expensed to the income statement.

Revenue

We act primarily as a fee-based marketing and media consultant to public companies. As a consultant, we provide investor relations, website development, video production, and associated marketing and media services to clients. We are paid fees for our services by our clients under written consulting agreements.

The Company recognizes revenue for its services generally when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable and collectability is reasonably assured.

In the general course of business, we receive stock-based compensation for our services. In many cases, the underlying stock is thinly traded and determining the value of revenue requires substantial judgment. If the underlying stock is traded in an active market, the value used to record revenue is based on the quoted market value of the stock. If there is not an active market, then the value is determined using other inputs.

Concentrations

During the year ended December 31, 2015, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 74% of total revenue (39% and 35%, respectively). In addition, during 2015, one third party customer accounted for 23% of total revenue. During the year ended December 31, 2014, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 80% of total revenue (42% and 38%, respectively).

Fair Value of Financial Instruments

On January 1, 2008, the Company adopted ASC 820 Fair Value Measures.  ASC820 defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. The Company's estimates of fair value for financial assets and financial liabilities are based on the framework established in SFAS 157. The framework is based on the inputs used in valuation and gives the highest priority to quoted prices in active markets and requires that observable inputs be used in the valuations when available. The disclosure of fair value estimates in the ASC 820 hierarchy is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect the Company's significant market assumptions. The three levels of the hierarchy are as follows:

F-8

Level 1: Unadjusted quoted market prices for identical assets or liabilities in active markets that the Company has the ability to access.

Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets in inactive markets; or valuations based on models where the significant inputs are observable (e.g., interest rates, yield curves, default rates, etc.) or can be corroborated by observable market data.

Level 3: Valuations based on models where significant inputs are not observable. The unobservable inputs reflect the Company's own assumptions about the assumptions that market participants would use.

The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of financial assets require to be measured at fair value on a recurring basis including our major assets that approximates fair value as determined by using the future expected net cash flows on the sale of the investments.

The following methods and assumptions were used to estimate the fair value of the Company's investments in available-for-sale marketable securities:

Available-for-sale securities are recorded at fair value. We primarily own securities in smaller public companies that are thinly traded. Determining fair value requires substantial judgment. For common stock securities, we first determine whether or not the stock is traded in an active market. Securities traded in an active market are marked-to-market using the quoted market price of the stock and are classified as Level 1 inputs. Securities that do not have an active market are measured using unobservable inputs, and are classified as Level 3 inputs.

Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and are reported as a separate component of other comprehensive income (loss) until realized.  Realized gains and losses from the sale of available-for-sale securities are determined on a specific identification basis.

A decline in the market value of any available-for-sale security below cost that is deemed to be other than temporary results in a reduction in carrying amount to fair value. The impairment is charged to earnings and a new cost basis for the security is established.  Premiums and discounts are amortized or accreted over the life of the related available-for-sale security as an adjustment to yield using the effective interest method.  Dividend and interest income are recognized when earned.

Available-for-sale securities are accounted for on a specific identification basis.  As of December 31, 2015 and 2014, the Company held available-for-sale securities with an aggregate fair value of $117,022 and $1,006,230, respectively.  As of December 31, 2015 and 2014, all of our available-for-sale securities were invested in publically traded equity holdings. The Company recognized unrealized losses, net of tax, in accumulated other comprehensive income as of December 31, 2015 and 2014 in the amounts of $437,824 and $231,515, respectively. (See Note 2 for details of available for sale investments).

 The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2015, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2015
Assets:
Available-for-sale
marketable securities	$117,022	$                   -	$                   -	$117,022

The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2014, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2014
Assets:
Available-for-sale
marketable securities	$             1,006,230	$                   -	$                   -	$             1,006,230

F-9

Property and Equipment and Intangibles

Computers and intangibles are stated at cost. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the related assets, ranging from three to seven years. Expenditures for repairs and maintenance are charged to expense when incurred. Expenditures for major renewals and betterments, which extend the useful lives of existing computers and intangibles, are capitalized and depreciated or amortized. Upon retirement or disposition of computers and intangibles, the cost and related accumulated depreciation and amortization are removed from the accounts and any resulting gain or loss is recognized in the statements of operations.

Long-Lived Assets

All long-lived assets are reviewed when events or changes in circumstances indicate that the carrying amounts of such assets may not be recoverable. An impairment loss is recognized when estimated undiscounted cash flows that can be generated by those assets are less than the carrying value of the assets. When an impairment loss is recognized, the carrying amount is reduced to its estimated fair value based on appraisals or other reasonable methods to estimate fair value. There was no impairment of long-lived assets as of December 31, 2015 and 2014.

Investments in Marketable and Nonmarketable Securities

The Company reports its investments in marketable securities on the balance sheet as available for sale.  Investments are deemed to be marketable when they are investments in public companies. Some of the investments reflect the original cost of the investment due to low volume of trading of the investment, and other investments reflect the original cost of the investments and unrealized gain/loss amounts based on the market price as of the date of the financial statements.  Any tax adjustment related to the unrealized gain/loss is reflected as a deferred tax asset or liability on the balance sheet.

Other comprehensive income (OCI) is made up of the unrealized gain/loss amounts related to the available for sale investments of the Company.  The OCI balance is recorded net of tax.

The Company reports its investments in nonmarketable securities on balance sheet using the cost method. Investments are deemed to be nonmarketable when they are investments in private companies. Investments in nonmarketable securities reflect the original cost of the investment

Equity Method Investments 

For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the financial statements.  Under this method, any net income or net loss must be recorded against the Company's investment, not to exceed the original investment and recognized as additional income or loss on the Company's income statement. In 2008 the Company acquired 39% of the outstanding shares of Marine Exploration, Inc. for $50,000 and accounted for this investment under the equity method. As of December 31, 2015 and 2014, the Company's investment in Marine Exploration is zero due to significant losses of the investee.

Income Taxes

Deferred income tax assets and liabilities are recognized for the expected future income tax consequences of events that have been included in the consolidated financial statements or income tax returns. Deferred income tax assets and liabilities are determined based on differences between the financial statement and tax bases of assets and liabilities using tax rates in effect for the years in which the differences are expected to reverse.

In evaluating the ultimate realization of deferred income tax assets, management considers whether it is more likely than not that the deferred income tax assets will be realized. Management establishes a valuation allowance if it is more likely than not that all or a portion of the deferred income tax assets will not be utilized. The ultimate realization of deferred income tax assets is dependent on the generation of future taxable income, which must occur prior to the expiration of the net operating loss carry forwards.

F-10

The Company has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions.  The Company has identified its federal tax return and its state tax return in Colorado as "major" tax jurisdictions, as defined.  The Company is not currently under examination by the Internal Revenue Service or any other jurisdiction.  The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company's financial condition, results of operations, or cash flow.  Therefore, no reserves for uncertain income tax positions have been recorded. 

Earnings per Share

Basic income per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted income per share is determined by dividing the net income by the sum of (1) the weighted average number of common shares outstanding and (2) if not anti-dilutive, the effect of stock awards determined utilizing the treasury stock method.  The dilutive effect of the outstanding awards for the years ended December 31, 2015 and 2014 was $-0- and 119,403 shares, respectively.

Recently Issued Accounting Pronouncements

In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. The new standard requires management to assess an entity's ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740)" providing guidance on the balance sheet classification of deferred taxes. The guidance requires that deferred tax assets and liabilities to be classified as noncurrent in the Balance Sheet. The guidance is effective for fiscal years beginning after December 15, 2016 and for interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In February 2015, the FASB issued Accounting Standards Update No. 2015-02 (ASU 2015-02), Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") — The evaluation of limited partnerships or similar entities as variable interest entities ("VIEs"), was modified. The revised requirements may affect the method of consolidation for reporting entities involved with such entities. All legal entities are subject to reevaluation under the revised consolidation mode. ASU 2015-02 affects the following areas: (1) limited partnerships and similar legal entities; (2) evaluating fees paid to a decision maker or a service provider as a variable interest; (3) the effect of fee arrangements on the primary beneficiary determination; (4) the effect of related parties on the primary beneficiary determination; and (5) certain investment funds. ASU 2015-02 is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the guidance in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. A reporting entity may apply the amendments in this guidance using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption. A reporting entity also may apply the amendments retrospectively. The adoption of ASU 2015-02 is not expected to have any impact on the Company's financial statement presentation or disclosures.

F-11

There were various other accounting standards and interpretations issued during 2015 and 2014. However, management does not expect any of these to have a material impact on the Company's consolidated financial position, operations, or cash flows.

(2)    Investments

Equity Method Investments

In 2008 the Company invested $50,000 for 175,000,000 shares of common stock in Marine Exploration, which represented 39% of the outstanding common stock of Marine Exploration. The Company recorded this long-term investment using the equity method of accounting for investments. Any net income or net loss must be recorded against the Company's investment, not to exceed the original investment of $50,000. Marine Exploration incurred significant losses during 2008, and the investment was reduced to zero. On August 24, 2010, Marine Exploration authorized a reverse split of 1 new share for 500 old shares of their common stock. As of this date, the Company has less than 1% ownership in Marine Exploration.

Investments in Available for Sale Marketable Securities

The Company's investments in available for sale marketable securities as of December 31, 2015 and 2014 are summarized below.

						As of December 31, 2015
											Accumulated
						Share		Market/Cost			Unrealized
Company Name	Shares		Cost			Price		Value			Gain/(Loss)
Hangover Joe's Holding Corporation		868,463			99,750		0.0021			1,824			(97,926	)
Silver Verde May Mining Co., Inc.		246,294			46,488		0.1770			43,594			(2,894	)
WestMountain Gold, Inc.		918,000			918		0.0780			71,604			70,686
Totals		2,032,757		$	147,156				$	117,022		$	(30,134	)

F-12

 

					As of December 31, 2014
									Accumulated
					Share		Market/Cost		Unrealized
Company Name	Shares		Cost		Price		Value		Gain/(Loss)
Omni Bio Pharmaceutical, Inc.		1,707,107	$	193,635	$	0.3695	$	630,776	$	437,141
Hangover Joe's Holding Corporation		868,463		99,750		0.0028		2,432		(97,318	)
Silver Verde May Mining Co., Inc.		246,294		46,488		0.2100		51,722		5,234
WestMountain Gold, Inc.		918,000		918		0.3500		321,300		320,382
Totals		3,739,864	$	340,791			$	1,006,230	$	665,439

On May 7, 2015 Omni Bio Pharmaceutical, Inc. filed a Form 8K announcing it has been unsuccessful in its fundraising and partnering/licensing efforts and does not anticipate being able to raise sufficient capital to continue operations. Consequently, the Board of Directors of Omni Bio approved an orderly wind down, including negotiations with its senior secured creditor, Bohemian Investments, LLC. During the year ended December 31, 2015, the Company's investment in Omni Bio Pharmaceutical, Inc. was determined to have other than temporary decline in value. The investment was fully impaired resulting in a loss on impairment of available for sale marketable securities of $193,634.

Investments in Nonmarketable Securities

In June 2014, the Company received 80,000 common shares ofWestMountain Distressed Debt, Inc., a related party, for services provided.This investment is recorded at our cost of $-0- and is accounted for under the cost method because, although WestMountain Distressed Debt, Inc. is a public company, an active market does not exist for the shares.

On November 1, 2015, our 1,645,000 common shares in NexCore Healthcare Capital Corp and our Class B units of NexCore Real Estate LLC was exchanged for 1,645,000 of common units of NexCore Companies LLC.

The Company's investments in nonmarketable securities accounted for under the cost method as of December 31, 2015 are summarized below.

Nonmarketable Securities:	Shares		Units		Cost
SKRP 16, Inc.		200,000		-	$	30,000
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt		80,000		-		-
Total Shares or Units		280,000		1,645,000	$	31,645

The Company's investments in nonmarketable securities accounted for under the cost method as of December 31, 2014 are summarized below.

Nonmarketable Securities:	Shares		Units		Cost
SKRP 16, Inc.		200,000		-	$	30,000
NexCore Real Estate LLC (Class B Units)		-		1,645,000		1,645
WestMountain Distressed Debt		80,000		-		-
Total Shares or Units		280,000		1,645,000	$	31,645

(3)    Related Parties

Bohemian Companies, LLC and BOCO Investments, LLC are two companies under common control.  Mr. Klemsz, our President, has been the Chief Investment Officer of BOCO Investments, LLC since March 2007.  Since there is common control between the two companies and a relationship with our Company President, we are considering all transactions with Bohemian Companies, LLC and BOCO Investments, LLC, related party transactions.

 On January 1, 2008, we entered into a Service Agreement with Bohemian Companies, LLC to provide us with certain defined services. These services included financial, bookkeeping, accounting, legal and tax matters, as well as cash management, custody of assets, preparation of financial documents, including tax returns and checks, and coordination of professional service providers as may be necessary to carry out the matters covered by the Service Agreement.  We compensated Bohemian Companies, LLC by reimbursing this entity for the allocable portion of the direct and indirect costs of each employee of Bohemian Companies, LLC that performed services on our behalf. We received invoices monthly from Bohemian Companies, LLC. This Service Agreement was terminated by mutual agreement of the parties on March 31, 2014. Total expenses incurred with Bohemian Companies were $0 and $2,000 for the years ending December 31, 2015 and 2014.  As of December 31, 2015 and 2014, the Company had a balance due to Bohemian Companies, LLC of $-0- and $-0-, respectively.

F-13

Revenue  

For the years ended December 31, 2015 and 2014, the Company recorded aggregate advisory/consulting revenue of $205,667 and $189,200 respectively. Of the $205,667 and $189,200 recorded advisory/consulting revenue in 2015 and 2014, $152,000 and $152,000 is related party revenue. This advisory/ onsulting fee revenue relates to services performed on behalf of Nexcore Group LP and WestMountain Gold, Inc. The related parties and the Company have common affiliates. As of December 31, 2015 and 2014, the Company had outstanding accounts receivables from related parties of $6,000 and $41,125, respectively.

Investments in Marketable and Nonmarketable Securities

On January 3, 2014, NexCore Healthcare Capital Corp. declared a $0.10 per share cash dividend to holders of NexCore common stock of record on January 16, 2014. As of that date, the Company owned 1,645,000 shares of common stock and received a cash dividend of $164,500.

In March 2014, the Company received an additional distribution from Nexcore Real Estate in the amount of $1,425.

On December 15, 2014, the Board of Directors of NexCore Healthcare Capital Corp, as manager of NexCore Real Estate, authorized a $0.0675 per unit cash distribution payable to holders of NexCore Real Estate Class B Units of record on December 1, 2014. On December 30, 2014, we deposited a check in the amount of $111,038 as a result of that distribution.

In addition, on December 15, 2014 the Board of Directors for NexCore Healthcare Capital Corp, authorized a $0.025 per share cash dividend payable to holders of NexCore common stock of record on December 1, 2014. We recorded a $41,125 receivable and respective dividend income in December 2014. On January 7, 2015 we deposited a check in the amount of $41,125 as a result of that cash dividend.

In November 2014 we were notified by Nexcore Real Estate that we had received an over distribution in the amount of $29,478 that we paid back to Nexcore Real Estate in December 2014. The over distribution was associated with Illinois tax that was disbursed to the State of Illinois on the Company's behalf. This payment has been recorded against dividend income on non- marketable securities in the other income and expense section of the income statement.

On November 1, 2015, our 1,645,000 common shares in NexCore Healthcare Capital Corp and our Class B units of NexCore Real Estate LLC was exchanged for 1,645,000 of common units of NexCore Companies LLC. On November 4, 2015, the Board of Directors of NexCore Companies LLC, authorized a $0.167 per unit cash distribution payable to unit holders of record as of December 15, 2015. On December 18, 2015, we deposited a check in the amount of $274,715 as a result of that distribution.  In addition, we posted the related tax impact of $5,510.

F-14

As of December 31, 2015 and 2014, the following investments in marketable and nonmarketable securities were held in related parties due to common principal ownership:

	December 31, 2015						December 31, 2014
					Market/Cost						Market/Cost
Company Name	Shares		Units		Value		Shares		Units		Value
Marketable Securities:
Hangover Joe's Holding Corp.		868,463		-	$	1,824		868,463		-	$	2,432
WestMountain Gold, Inc.		918,000		-		71,604		918,000		-		321,300
Total Shares or Units		1,786,463		-	$	73,428		1,786,463		-	$	323,732
Nonmarketable Securities:
Nexcore Real Estate LLC (Class B Units)		-		-	$	-		-		1,645,000	$	-
Nexcore Healthcare Capital Corp		-		-		-		1,645,000		-		1,645
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt, Inc.		80,000		-		-		80,000		-		-
Totals Shares or Units		80,000		1,645,000	$	1,645		1,725,000		1,645,000	$	1,645

Notes Receivable 

On October 17, 2014, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before April 16, 2015. On April 18, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of April 18, 2015. The new principal amount was $27,256. The new note carried an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before October 18, 2015.  On October 18, 2015 we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of October 18, 2015. The new principal amount is $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before April 18, 2016. As of December 31, 2015, the total principal and interest due on this note is $30,814. A full allowance has been recognized against this note and the accrued interest.

On January 27, 2015, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before July 27, 2015. On July 27, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of July 27, 2015. The new principal amount is $27,244. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before January 27, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. On January 27, 2016, we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of January 27, 2016. The new principal amount was $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before July 29, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. A full allowance has been recognized against this note and the accrued interest.

On May 4, 2015, we entered into an additional Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $10,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before November 4, 2015. On November 4, 2015 we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of November 4, 2015. The new principal amount is $10,740. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before May 4, 2016. As of December 31, 2015, principal and interest due on this note is $11,219. A full allowance has been recognized against this note and the accrued interest.

F-15

On December 31, 2015 management evaluated the collectability of the notes and determined it was necessary to write the balances off. A total of $60,937 was expensed to the income statement.

The Company has determined that WestMountain Distressed Debt, Inc., (WMDS) is considered a "variable interest entity", however, WestMountain Company is not the primary beneficiary.

WestMountain Company provided funding to WMDS to assist in paying their current operational expenses. The Company is not the only financial supporter to WMDS. The first note was dated October 17, 2014. Below is a summary of the current notes with WMDS that have been written off as of December 31, 2015.

AS OF DECEMBER 31, 2015					AS OF DECEMBER 31, 2014
Note	Due		Accrued		Note	Due		Accrued
Date	Date	Principal	Interest	TOTALS	Date	Date	Principal	Interest	TOTALS
10/19/2015	4/19/2016	$29,729	$1,085	$30,814	10/17/2014	4/17/2015	$25,000	$937	$25,937
7/27/2015	1/28/2016	27,244	2,109	29,353
11/5/2015	5/5/2016	10,740	479	11,219
TOTAL DUE		$67,713	$3,673	$71,386	TOTAL DUE		$25,000	$937	$25,937
Allowance for doubtful accounts				$(71,386)
Note receivable, related parties				$ -

The total funding at risk is not sufficient to permit this entity to finance its activities without additional subordinated financial support.

WestMountain Company is not a majority equity stakeholder in WMDS, nor does it have voting control, control of the board of directors, or substantive management rights. Given that the Company does not have the power to direct their activities that most significantly impact its economic performance, the Company determined that it is not the primary beneficiary of WMDS and therefore is not required to consolidate this entity. 

The Company will access any additional transactions with WMDS to determine if the entity will need to be consolidated with the Company based on the VIE disclosure requirements.

F-16

 (4)    Stockholders Equity

Common stock

No common shares were issued or retired during the years ended December 31, 2015 and 2014.

Stock options

On August 15, 2011, the Company approved the employee compensation plan and granted a total of 200,000 common stock options, to our employees. As stated in the compensation plan, these options have a four year term. 50% of the options will become vested and exercisable immediately, 25% on the first anniversary date of August 15, 2011, and 25% on the second anniversary date of August 15, 2012. The options have an exercise price of $0.27 per share, which was the fair value of the stock on the day of the grant. The fair value of the options was determined to be $41,038 using the Black-Scholes option pricing model and the following key assumptions: market price of common stock of $0.27, a risk free rate of 0.99%, a volatility of 99.96% and an expected term of 2.375 years using the simplified method. During the years ended December 31, 2015 and 2014, $-0- and $-0-, respectively was expensed. 

The following table presents the activity stock options during the years ended December 31, 2015 and 2014:

				Weighted
				Average
	Options			Exercise Price
Outstanding - December 31, 2013		200,000		$	0.27
Granted		-			-
Forfeited/canceled		-			-
Exercised		-			-
Outstanding - December 31, 2014		200,000		$	0.27
Granted		-			-
Forfeited/canceled		-			-
Exercised		(200,000	)		0.27
Outstanding - December 31, 2015		-		$	-

All outstanding options expired during the year ended December 31, 2015.

The following table presents the composition of options outstanding and exercisable as of December 31, 2015 and December 31, 2014. The exercisable options have an intrinsic value of $-0- and $96,000 as of December 31, 2015 and December 31, 2014.

As of December 31, 2015:
		Options Outstanding		Options Exercisable
	Range of Exercise Prices	Number	Life	Number	Price
	-	-	.-	-	-
As of December 31, 2014:
		Options Outstanding		Options Exercisable
	Range of Exercise Prices	Number	Life	Number	Price
	0.27	200,000	.6	200,000	0.27

F-17

(5)    Commitments and Contingencies

Based on currently available information, the Company believes that it is remote that future costs related to known contingent liability exposures will exceed current accruals by an amount that would have a material adverse impact on our financial statements. As the Company learns new facts concerning contingencies, the Company reassesses its position both with respect to accrued liabilities and other potential exposures. In the case of all known contingencies, the Company accrues a liability when the loss is probable and the amount is reasonably estimable. The Company does not reduce these liabilities for potential insurance or third-party recoveries.

(6)   Income Taxes

The Company records deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.

The provision of income taxes consists of the following for the years ended December 31, 2015 and 2014:

Provision for taxes
	2015			2014
Current:
Federal	$	(60,831	)	$	39,461
State		5,574			6,299
Total current		(55,257	)		45,760
Deferred:
Federal		32,152			(58,863	)
State		11,433			(214	)
Total deferred		43,585			(59,077	)
Income tax expense (benefit)	$	(11,672	)	$	(13,317	)

Deferred tax assets and liabilities consisted of the following as of December 31, 2015 and 2014:

Deferred taxes consists of:
	December 31,
	2015			2014
Deferred tax assets (liabilities):
Current
Compensation Accruals	$	8,164		$	8,330
Investments in Flow Through Entities		33,077			94,708
Bad Deb Reserve		22,233			22,233
Prepaid Expenses		(856	)		(3,634	)
Fixed Assets		(64	)		2,411
Unrealized Losses		-			-
Interest Payable - Related Party		26,452			-
Other		(609	)		(609	)
Equity / Option Compensation		15,207			15,207
Accumulated OCI		11,147			(246,604	)
Net operating loss carryforwards		27,538			-
Total current deferred tax asset		142,289			(107,958	)
Long-term
Net operating loss carryforwards		-			-
Other Liabilities		-			-
Total long-term deferred tax asset net		-			-
Total deferred tax assets (liabilities)		142,289			(107.958	)
Valuation allowance		(36,081	)		-
Net deferred tax assets (liabilities)	$	106,208		$	(107,958	)

F-18

The benefit for income taxes differs from the amount computed by applying the U.S. federal income tax rate of 35% to loss before income taxes as follows for the years ended December 31, 2015 and 2014:

	2015			2014
U.S. federal income tax expense\(benefit) at statutory rates	$	(35,074	)	$	37,277
Permanent differences		2,062			(20,337	)
State income tax expense\(benefit), net of federal impact		18,264			4,196
Effect of Change in Estimated Federal Rate from 22% to 34%		4,155			(34,453	)
Other		(1,206	)		-
Change in valuation allowance		-			-
	$	(11,799	)	$	(13,317	)

(7) Subsequent Events

On February 17, 2016, we paid $30,000 for 6.98 of RavenBrick Class C unit shares. RavenBrick is an existing customer we provide advisory services to. These services consist of, but not limited to, developing public recognition of their business plans and strategic goals, and engaging in website development and media production.

Our principal executive offices are located at 181 W. Boardwalk, Suite 202, Fort Collins, Colorado 80525, and our telephone number is (970) 223-4499.  Effective April 1, 2016, our office will be located at 1001-A E. Harmony Road, #366, Fort Collins, Colorado 80525.

On January 27, 2015, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before July 27, 2015. On July 27, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of July 27, 2015. The new principal amount was $27,244. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before January 27, 2016. On January 28, 2016, we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of January 27, 2016. The new principal amount was $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before July 29, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. A full allowance has been recognized against this note and the accrued interest.

F-19

ITEM 9. DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

We did not have any disagreements on accounting and financial disclosures with our present accounting firm during the reporting period.

ITEM 9A. CONTROLS AND PROCEDURES.

Conclusion Regarding the Effectiveness of Disclosure Controls and Procedures

Under the supervision and with the participation of our principal executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934, as amended (the Exchange Act. As a result of this evaluation, we identified no material weaknesses in our internal control over financial reporting as of December 31, 2015.  Accordingly, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were not effective as of December 31, 2015 due to the material weaknesses described below.

Management's Annual Report on Internal Control Over Financial Reporting.

Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f) and 15d-(f) under the Exchange Act. Our internal control over financial reporting are designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with U. S. generally accepted accounting principles. Our internal control over financial reporting includes those policies and procedures that:

i.             pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets;

ii.            provide reasonable assurance that transactions are recorded as necessary to permit the preparation of our  consolidated financial statements in  accordance with U. S. generally accepted accounting principles, and  that our receipts and expenditures are being made only in accordance with  authorizations of our management and directors; and

iii.           provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the consolidated financial statements.

Management assessed the effectiveness of the Company's internal control over financial reporting as of December 31, 2015. In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated Framework.

Management has concluded that our internal control over financial reporting was not effective as December 31, 2015 due to the following material weaknesses:

i. Inadequate procedures to evaluate notes receivables for collectability.   The Company has put new procedures in place to evaluate their accounts receivable and notes receivable.  The Company will provide an allowance for any receivable over 90 days if there are special circumstances that will eliminate the need for an allowance or write-off, it will be documented and reviewed on a quarterly basis

ii. Inadequate procedures to evaluate certain interests held for variable interest entity considerations.   Management will create a VIE checklist for all disclosure elements. This checklist will be used for future investment and receivable transactions. Depending on the analysis of the results from the checklist, we will record the transactions accordingly.

Inherent Limitations Over Internal Controls

Internal control over financial reporting cannot provide absolute assurance of achieving financial reporting objectives because of its inherent limitations, including the possibility of human error and circumvention by collusion or overriding of controls. Accordingly, even an effective internal control system may not prevent or detect material misstatements on a timely basis. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate.

Changes in Internal Control Over Financial Reporting.

We have made no change in our internal control over financial reporting during the last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Attestation Report of the Registered Public Accounting Firm.

This annual report does not include an attestation report of our independent registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by our independent registered public accounting firm pursuant to temporary rules of the SEC that permit us to provide only management's report in this annual report on Form 10-K.

- 18 -

ITEM 9B. OTHER INFORMATION.

Nothing to report.

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE

Set forth below is the name of the sole director and officer of the Company, all positions and offices with the Company held, the period during which he has served as such, and the business experience during at least the last five years:

Name	Age	Positions and Offices Held
Steven Anderson	55	President
Brian L. Klemsz	57	Treasurer, Director
Joni K Troska	56	Secretary

Mr. Anderson has been our President since May, 2011. He was director of Marketing and Development for EnviroPest, a large privately owned pest control company from June 2009 to May 2011. From June 2008 to June 2009 he served as Marketing Director for Pillar Capital, LLC and from December 1996 to May 2007 was Pastor of Media Ministries at Resurrection Fellowship church in Loveland, Colorado. He also served as radio play-by-play announcer for Colorado State University football and basketball from 1989 to 1997. Mr. Anderson received his Bachelor of Science in Communications from Oral Roberts University in 1983.

Mr. Klemsz has been our Treasurer and sole Director since our inception and President from inception until May, 2011. Since March, 2007, he has been the Chief Investment Officer of BOCO Investments, LLC.  He was President and Chief Investment Officer for GDBA Investments, LLLP, a private investment partnership from May 2000 until February 2007. He is currently also the President, Treasurer, and sole Director of WestMountain Distressed Debt, Inc., and WestMountain Alternative Energy, Inc., which are public companies. Mr. Klemsz received a Masters of Science in Accounting and Taxation in 1993 and a Masters of Science in Finance in 1990 from Colorado State University. He received his Bachelor of Science degree from the University of Colorado in 1981.

Ms. Troska has been the Company's Secretary since March 2010. She currently serves as corporate Secretary of WestMountain Alternative Energy, Inc. and WestMountain Distressed Debt, Inc., both public companies. She started SP Business Solutions, a business consulting service, in April, 2002. Prior to that period, she was employed for fourteen years as the General Accounting Manager and financial liaison for software implementations and acquisition integration by Advanced Energy Industries, Inc., a public international electronics manufacturing company, in Fort Collins, Colorado.  While employed by Advanced Energy, she obtained her business degree in July 2001.

Family Relationships

There are no family relationships among our directors and executive officers. No director or executive officer has been a director or executive officer of any business which has filed a bankruptcy petition or had a bankruptcy petition filed against it. No director or executive officer has been convicted of a criminal offense within the past five years or is the subject of a pending criminal proceeding. No director or executive officer has been the subject of any order, judgment or decree of any court permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities. No director or officer has been found by a court to have violated a federal or state securities or commodities law.

Committees of the Board of Directors

There are no committees of the Board of Directors.

- 19 -

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934 (the "34 Act") requires our officers and directors and persons owning more than ten percent of the Common Stock, to file initial reports of ownership and changes in ownership with the Securities and Exchange Commission ("SEC"). Additionally, Item 405 of Regulation S-K under the 34 Act requires us to identify in its Form 10-K and proxy statement those individuals for whom one of the above referenced reports was not filed on a timely basis during the most recent year or prior years. We have nothing to report in this regard.

Code of Ethics

Our board of directors has not adopted a code of ethics but plans to do so in the future.

Options/SAR Grants and Fiscal Year End Option Exercises and Values

Effective August 15, 2011, our board of directors adopted and approved a new Equity Compensation Plan.(the 2011 Plan) . Our shareholders approved this Plan in December, 2011.  A total of 500,000 common shares have been reserved under the 2011 Plan.

The purpose of the 2011 Plan is to provide a means for us and our subsidiaries and other designated affiliates, which we refer to as Related Entities, to attract key personnel to provide services to our company and the Related Entities, as well as, to provide a means whereby those key persons can acquire and maintain stock ownership, thereby strengthening their commitment to the welfare of our company and its Related Entities and promoting the mutuality of interests between participants and our shareholders. A further purpose of the 2011 Plan is to provide participants with additional incentive and reward opportunities designed to enhance the profitable growth of our company and its Related Entities, and provide participants with annual and long term performance incentives to expend their maximum efforts in the creation of shareholder value.

The terms of the 2011 Plan provide for grants of stock options and restricted stock awards and performance awards that may be settled in cash, stock or other property. As of September 1, 2011, two awards have been granted under the 2011 Plan. Mr. Steve Anderson received an option to acquire a total of 160,000 common shares of the Company, all at a price of $ 0.27 per share. Ms Joni Troska received an option to acquire a total of 40,000 common shares of the Company, all at a price of $ 0.27 per share. All of the options have been expensed as of December 31, 2015.

Otherwise, we have not had a stock option plan or other similar incentive compensation plan for officers, directors and employees, and no stock options, restricted stock or SAR grants were granted or were outstanding at any time. 

Item 11. EXECUTIVE COMPENSATION

Beginning in May, 2011, our President, Mr. Anderson receives a salary of $120,000 per annum, plus a stock option to acquire a total of 160,000 common shares of the Company, all at a price of $ 0.27 per share. These options expired in 2015. We reimburse Mr. Anderson for all necessary and customary business related expenses. We have no plans or agreements which provide health care, insurance or compensation on the event of termination of employment or change in our control.

Ms. Joni Troska, was appointed our corporate Secretary on March 19, 2009. In May 2011, she was hired as a part-time accountant and receives a salary of $48,000. Ms Troska also received an option to acquire a total of 40,000 common shares of the Company, all at a price of $ 0.27 per share. These options expired in 2015.

Otherwise, our officers and director are not accruing any compensation pursuant to any agreement with us.

Finally, no retirement, pension, profit sharing, or insurance programs or other similar programs have been adopted by us for the benefit of our employees.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The following sets forth the number of shares of our $0.001 par value common stock beneficially owned by (i) each person who, as of December 31, 2014, was known by us to own beneficially more than five percent (5%) of its common stock; (ii) our individual Directors and (iii) our Officers and Directors as a group. A total of 9,517,402 common shares were issued and outstanding as of December 31, 2015.

- 20 -

Name and Address	Amount and Nature of	Percent
of Beneficial Owner	Beneficial Ownership(1)(2)	of Class
WestMountain Blue, LLC(3)	8,505,652	89.4%
1001-A E. Harmony Road, #366
Fort Collins, Colorado 80525
Brian L. Klemsz	(3)	-0-
1001-A E. Harmony Road, #366
Fort Collins, Colorado 80525
Steve Anderson 1001-A E. Harmony Road, #366 Fort Collins, Colorado 80525	-0-	-0-
Joni K. Troska	100,000	1.05%
1001-A E. Harmony Road, #366
Fort Collins, Colorado 80525
All Officers and Directors as a Group	1,528,950	16.0%
(three persons)

______________

   (1)  All ownership is beneficial and of record, unless indicated otherwise.

   (2)  The Beneficial owner has sole voting and investment power with respect to the shares shown. 

   (3)  Mr. Klemsz owns 16.8% of WestMountain Blue, LLC.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

Bohemian Companies, LLC and BOCO Investments, LLC are two companies under common control.  Mr. Klemsz, our President, has been the Chief Investment Officer of BOCO Investments, LLC since March 2007.  Since there is common control between the two companies and a relationship with our Company President, we are considering all transactions with Bohemian Companies, LLC and BOCO Investments, LLC, related party transactions.

On January 1, 2008, we entered into a Service Agreement with Bohemian Companies, LLC to provide us with certain defined services. These services included financial, bookkeeping, accounting, legal and tax matters, as well as cash management, custody of assets, preparation of financial documents, including tax returns and checks, and coordination of professional service providers as may be necessary to carry out the matters covered by the Service Agreement.  We compensated Bohemian Companies, LLC by reimbursing this entity for the allocable portion of the direct and indirect costs of each employee of Bohemian Companies, LLC that performed services on our behalf. We received invoices monthly from Bohemian Companies, LLC. This Service Agreement was terminated by mutual agreement of the parties on March 31, 2014. Total expenses incurred with Bohemian Companies were $-0- and $2,000 for the years ending December 31, 2015 and 2014.  As of December 31, 2015 and 2014, the Company had a balance due to Bohemian Companies, LLC of $-0- and $-0-, respectively.

Revenue  

For the years ended December 31, 2014 and 2013, the Company recorded aggregate advisory/consulting revenue of $205,667 and $189,200 respectively. Of the $205,667 and $189,200 recorded advisory/consulting revenue in 2015 and 2014, $152,000 and $152,000 is related party revenue. This advisory/consulting fee revenue relates to services performed on behalf of Nexcore Group LP and WestMountain Gold, Inc. The related parties and the Company have common affiliates. As of December 31, 2015 and 2014, the Company had outstanding accounts receivables from related parties of $6,000 and $41,125, respectively.

- 21 -

Investments in Marketable and Nonmarketable Securities

On January 3, 2014, NexCore Healthcare Capital Corp. declared a $0.10 per share cash dividend to holders of NexCore common stock of record on January 16, 2014. As of that date, the Company owned 1,645,000 shares of common stock and received a cash dividend of $164,500.

In March 2014, the Company received an additional distribution from Nexcore Real Estate in the amount of $1,425.

On December 15, 2014, the Board of Directors of NexCore Healthcare Capital Corp, as manager of NexCore Real Estate, authorized a $0.0675 per unit cash distribution payable to holders of NexCore Real Estate Class B Units of record on December 1, 2014. On December 30, 2014, we deposited a check in the amount of $111,038 as a result of that distribution.

In addition, on December 15, 2014 the Board of Directors for NexCore Healthcare Capital Corp, authorized a $0.025 per share cash dividend payable to holders of NexCore common stock of record on December 1, 2014. We recorded a $41,125 receivable and respective dividend income in December 2014. On January 7, 2015 we deposited a check in the amount of $41,125 as a result of that cash dividend.

In November 2014 we were notified by Nexcore Real Estate that we had received an over distribution in the amount of $29,478 that we paid back to Nexcore Real Estate in December 2014. The over distribution was associated with Illinois tax that was disbursed to the State of Illinois on the Company's behalf. This payment has been recorded against dividend income on non- marketable securities in the other income and expense section of the income statement.

On November 1, 2015, our 1,645,000 common shares in NexCore Healthcare Capital Corp and our Class B units of NexCore Real Estate LLC was exchanged for 1,645,000 of common units of NexCore Companies LLC. On November 4, 2015, the Board of Directors of NexCore Companies LLC, authorized a $0.167 per unit cash distribution payable to unit holders of record as of December 15, 2015. On December 18, 2015, we deposited a check in the amount of $274,715 as a result of that distribution. In addition, we posted the related tax impact of $5,510.

As of December 31, 2015 and 2014, the following investments in marketable and nonmarketable securities were held in related parties due to common principal ownership:

	December 31, 2015						December 31, 2014
					Market/Cost						Market/Cost
Company Name	Shares		Units		Value		Shares		Units		Value
Marketable Securities:
Hangover Joe's Holding
Corporation		868,463		-	$	1,824		868,463		-	$	2,432
WestMountain Gold, Inc.		918,000		-		71,604		918,000		-		321,300
Total Shares or Units		1,786,463		-	$	73,428		1,786,463		-	$	323,732
Nonmarketable Securities:
Nexcore Real Estate LLC (Class B Units)		-		-	$	-		-		1,645,000	$	-
Nexcore Healthcare Capital Corp		-		-		-		1,645,000		-		1,645
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt, Inc.		80,000		-		-		80,000		-		-
Totals Shares or Units		80,000		1,645,000	$	1,645		1,725,000		1,645,000	$	1,645

- 22 -

Notes Receivable 

On October 17, 2014, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before April 16, 2015. On April 18, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of April 18, 2015. The new principal amount was $27,256. The new note carried an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before October 18, 2015.  On October 18, 2015 we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of October 18, 2015. The new principal amount is $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before April 18, 2016. As of December 31, 2015, the total principal and interest due on this note is $30,814. A full allowance has been recognized against this note and the accrued interest.

On January 27, 2015, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before July 27, 2015. On July 27, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of July 27, 2015. The new principal amount is $27,244. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before January 27, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. On January 27, 2016, we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of January 27, 2016. The new principal amount was $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before July 29, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. A full allowance has been recognized against this note and the accrued interest.

On May 4, 2015, we entered into an additional Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $10,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before November 4, 2015. On November 4, 2015 we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of November 4, 2015. The new principal amount is $10,740. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before May 4, 2016. As of December 31, 2015, principal and interest due on this note is $11,219. A full allowance has been recognized against this note and the accrued interest.

On December 31, 2015 management evaluated the collectability of the notes and determined it was necessary to write the balances off. A total of $60,937 was expensed to the income statement.

ITEM 14: PRINCIPAL ACCOUNTANT FEES AND SERVICES

Our independent auditor, MaloneBailey, LLP, Certified Public Accountants billed an aggregate of $27,000 for the year ended December 31, 2015 and for professional services rendered for the audit of the Company's annual financial statements and review of the financial statements included in our quarterly reports. MaloneBailey, LLP, Certified Public Accountants, billed an aggregate of $35,000 for the year ended December 31, 2014 and for professional services rendered for the audit of the Company's annual financial statements and review of the financial statements included in our quarterly reports.

We do not have an audit committee and as a result our board of directors performs the duties of an audit committee. Our board of directors evaluates the scope and cost of the engagement of an auditor before the auditor renders audit and non-audit services.

- 23 -

ITEM 15. EXHIBITS FINANCIAL STATEMENT SCHEDULES.

The following financial information is filed as part of this report:

(a)               (1) FINANCIAL STATEMENTS

(2) SCHEDULES

(3) EXHIBITS. The following exhibits required by Item 601 to be filed herewith are incorporated by reference to previously filed documents:

Exhibit Number	Description
3.1*	Articles of Incorporation
3.2*	Bylaws
3.3 ***	Amendment to Articles of Incorporation
10.1**	Service Agreement With Bohemian Companies, LLC
31.1	Certification of CEO/CFO pursuant to Sec. 302
32.1	Certification of CEO/CFO pursuant to Sec. 906

            * Previously filed with Form SB-2 Registration Statement, January 2, 2008

          ** Previously filed with Form 10-KSB Registration Statement, February 29, 2008

        *** Previously filed under cover of Form 8K, February 27, 2014.

- 24 -

SIGNATURES

In accordance with Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on  April 13, 2016.

WESTMOUNTAIN COMPANY
By:	/s/ Brian L. Klemsz
	Brian L. Klemsz,
	Chief Executive Officer and  Chief Financial Officer (principal executive officer and principal financial and accounting officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant and in the capacity and on the date indicated.

Date: April 13, 2016	By:	/s/ Brian L. Klemsz
		Brian L. Klemsz,
		Director

- 25 -

EX-31.1

   Exhibit 31.1

CERTIFICATION PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

     I, Brian L. Klemsz, certify that:

1)   I have reviewed this annual report of WestMountain Company on Form 10-K;

2)   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3)   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4)    I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))  for the Registrant and have;

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure the material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation.

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5)   I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant's auditors and the audit committee of the Registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant's ability to record, process summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal controls over financial reporting.

Date: April 13, 2016	/s/ Brian L. Klemsz
	Brian L. Klemsz
	Chief Executive Officer

EX-31.2

   Exhibit 31.2

CERTIFICATION PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

     I, Brian L. Klemsz, certify that:

1)   I have reviewed this annual report of WestMountain Company on Form 10-K;

2)   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3)   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4)    I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))  for the Registrant and have;

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure the material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation.

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5)   I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant's auditors and the audit committee of the Registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant's ability to record, process summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal controls over financial reporting.

Date: April 13, 2016	/s/ Brian L. Klemsz
	Brian L. Klemsz
	Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT 0F 2002

In connection with the Annual Report of WestMountain Company (the Company") on Form 10-K for the period ended herein as filed with the Securities and Exchange Commission (the "Report"), I. Brian L. Klemsz, Chief Executive and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. ss.1350, as adopted pursuant to ss.906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fully presents, in all material respects, the financial condition and results of operations or the Company.

		WestMountain Company
Date: April 13, 2016	By:	/s/ Brian L. Klemsz
		Brian L. Klemsz
		Chief Executive Officer
		Chief Financial Officer

XML

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Apr. 13, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Entity Registrant Name	Westmountain Company
Entity Central Index Key	0001421603
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2015
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		9,517,402
Entity Public Float			$ 251,378
Current Reporting Status	Yes
WellKnown Seasoned Issuer	No
Voluntary Filers	No

XML

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 579,971	$ 445,411
Investments in marketable securities	117,022	1,006,230
Accounts receivable, related parties	6,000	41,125
Accounts receivable	$ 16,435	12,300
Note receivable, related parties		$ 25,937
Income tax receivable	$ 19,873
Prepaid expenses	2,308	$ 9,807
Deferred tax asset, net	106,208
Total current assets	847,817	$ 1,540,810
Property and equipment, net of accumulated depreciation of $11,531 and $9,473, respectively	5,827	6,173
Investments in nonmarketable securities, at cost	31,645	31,645
Total assets	885,289	1,578,628
Current Liabilities:
Accounts payable and accrued liabilities	44,133	$ 37,293
Accounts payable and accrued liabilities, related parties	$ 5,751
Deferred tax liability		$ 107,958
Income tax payable		68,662
Total current liabilities	$ 49,884	213,913
Total liabilities	$ 49,884	$ 213,913
Shareholders' Equity:
Preferred stock, $0.10 par value; 1,000,000 shares authorized, none issued and outstanding
Common stock, $.001 par value; 50,000,000 shares authorized, 9,517,402 shares issued and outstanding	$ 9,518	$ 9,518
Additional paid-in-capital	927,355	927,355
Accumulated earnings (deficit)	(82,534)	8,952
Other comprehensive income, net	(18,934)	418,890
Total shareholders' equity	835,405	1,364,715
Total liabilities and shareholders' equity	$ 885,289	$ 1,578,628

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Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Accumulated depreciation	$ 11,531	$ 9,473
Accumulated amortization	$ 2,058	$ 793
Shareholders' Equity:
Preferred stock, par value per share	$ 0.10	$ 0.10
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	9,517,402	9,517,402
Common stock, shares outstanding	9,517,402	9,517,402

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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenue:
Advisory/consulting fees, related parties	$ 152,000	$ 152,000
Advisory/consulting fees	53,667	37,200
Total revenue	205,667	189,200
Operating expenses:
Selling, general and administrative expenses	334,479	$ 379,604
Write-off of note receivable, related party	60,937
Total operating expenses	395,416	$ 379,604
Loss from operations	$ (189,749)	(190,404)
Other income (expense):
Interest income		937
Dividend income on nonmarketable securities		205,625
Distribution income on non marketable securities	$ 280,225	$ 99,434
Impairment loss on available for sale marketable securities	$ (193,634)
Realized loss on available for sale marketable securities		$ (5,955)
Total other income (expense)	$ 86,591	300,041
Net (loss) income before income taxes	(103,158)	109,637
Income tax (benefit) expense	(11,672)	(13,317)
Net income	(91,486)	122,954
Other comprehensive (loss)income
Unrealized loss on investments in marketable equity securities, net of tax	(437,824)	(231,515)
Comprehensive (loss) income	$ (529,310)	$ (108,561)
Basic net (loss)income per share	$ (0.01)	$ 0.01
Diluted net (loss)income per share	$ (0.01)	$ 0.01
Basic weighted average common shares outstanding	9,517,402	9,517,402
Diluted weighted average common shares outstanding	9,517,402	9,636,805

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Shareholders Equity - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance - Shares at Dec. 31, 2013	9,517,402
Beginning Balance - Amount at Dec. 31, 2013	$ 9,518	$ 927,355	$ (114,002)	$ 650,405	$ 1,473,276
Unrealized loss on investments				(231,515)	(102,234)
Net income/loss			122,954		122,954
Ending Balance, Shares at Dec. 31, 2014	9,517,402
Ending Balance, Amount at Dec. 31, 2014	$ 9,518	927,355	8,952	418,890	1,364,715
Unrealized loss on investments				(437,824)	(437,824)
Net income/loss			(91,486)		(91,486)
Ending Balance, Shares at Dec. 31, 2015	9,517,402
Ending Balance, Amount at Dec. 31, 2015	$ 9,518	$ 927,355	$ (82,534)	$ (18,934)	$ 835,405

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Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net (loss) income	$ (91,486)	$ 122,954
Adjustments to reconcile net (loss) income to net cash provided by
Depreciation and amortization	$ 2,058	793
Realized loss on available for sale marketable securities		$ 5,955
Impairment loss on available for sale marketable securities	$ 193,634
Deferred income tax (benefit) expense	43,584	$ (59,077)
Write-off of note receivable, related party	60,937
Changes in operating assets and operating liabilities:
Prepaid expenses and other current assets	7,499	$ (6,522)
Accounts receivable	(4,135)	2,483
Accounts receivable, related parties	35,125	352,738
Accounts payable and accrued liabilities	6,840	$ (36,719)
Accounts payable, related parties	5,751
Income tax refund receivable	(88,535)	$ 35,103
Net cash provided by operating activities	171,272	417,708
Cash flows from investing activities:
Purchases of equipment	(1,712)	(6,173)
Loan to related party	$ (35,000)	(25,000)
Purchases of investments		(52)
Proceeds from the sale of available for sale marketable securities		936
Net cash (used in) provided by investing activities	$ (36,712)	(30,289)
Net change in cash and cash equivalents	134,560	387,419
Cash and cash equivalents, beginning of period	445,411	57,992
Cash and cash equivalents, end of period	579,971	445,411
Supplemental disclosure of cash flow information:
Cash paid during the period for Income tax	$ 62,650	$ 43,690
Cash paid during the period for Interest
Non cash investing and financing activities:
Unrealized loss on investments in marketable equity securities, net of tax	$ 437,824	$ 231,515

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Nature of Organization and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Organization and Summary of Significant Accounting Policies

(1)    Nature of Organization and Summary of Significant Accounting Policies

Nature of Organization and Basis of Presentation

WestMountain Company ("we", "our" or the "Company"), formerly known as WestMountain Asset Management, Inc. was incorporated in the state of Colorado on October 18, 2007 and on this date approved its business plan and commenced operations.

As a consultant to both public and private companies, we promote public visibility and market acceptance for our clients. We use a number of techniques to achieve these objectives for our clients, including developing public recognition of their business plans and strategic goals, managing investor relations, and engaging in website development and media production. We also utilize various social media outlets and services to deliver our client's message. We are paid fees for our services by our clients under written consulting agreements.

Principles of Consolidation

Property holding entities and other subsidiaries of which we own 100% of the equity or have a controlling financial interest evidenced by ownership of a majority voting interest are consolidated. All inter-company balances and transactions are eliminated.

The accompanying consolidated financial statements include the accounts of WestMountain Company and the following 100% owned subsidiaries, which were active at December 31, 2015:

       WestMountain Business Consulting, Inc.

       WestMountain Allocation Analytics, Inc.

       WestMountain Valuation Services, Inc.

Reclassifications

Certain prior period amounts have been reclassified to conform to current period presentation.

Use of Estimates

The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents.  There were no cash equivalents as of December 31, 2015 and December 31, 2014. 

Accounts Receivable

Accounts receivable consists of amounts due from consulting fees associated with marketing and media consulting and dividends due from a related party. The Company considers accounts more than 30 days old to be past due. The Company uses the allowance method for recognizing bad debts. When an account is deemed uncollectible, it is written off against the allowance. Management records reasonable allowances to fairly represent accounts receivable amounts that are collectible.  For the years ended December 31, 2015 and 2014, the Company did not record any allowance against our accounts receivable balance.

Notes Receivable, Related Party

Notes receivable consists of unsecured loans to a related party and are reported at the outstanding principal balance including accrued interest. As of December 31, 2015 and 2014, the outstanding principal and accrued interest balance was $60,937, net of an allowance of $60,937 and $25,937, net of an allowance of $0, respectively.

Allowance for Loss on Note Receivable, Related Party

The allowance for loss on note receivable is the amount that, in the opinion of management, is necessary to absorb probable losses inherent in the note receivable.  The allowance is determined based upon numerous considerations including local economic conditions, a review of the value of collateral supporting the note receivable and the collectability of the note receivable. As a result of the test of adequacy, required adjustments to the allowance for loan losses are made periodically by changes to the provision for loss on note receivable. As of December 31, 2015 and 2014, the allowance for loss on note receivable was $60,937 and $0, respectively. A write-off of note receivable, related party was recognized in 2015 resulting in a loss of $60,937.

Related Parties

A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

The Company had three unsecured promissory notes from WestMountain Distressed Debt. On December 31, 2015 management evaluated the collectability of the notes and determined it was necessary to write the balances off. A total of $60,937 was expensed to the income statement.

Revenue

We act primarily as a fee-based marketing and media consultant to public companies. As a consultant, we provide investor relations, website development, video production, and associated marketing and media services to clients. We are paid fees for our services by our clients under written consulting agreements.

The Company recognizes revenue for its services generally when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable and collectability is reasonably assured.

In the general course of business, we receive stock-based compensation for our services. In many cases, the underlying stock is thinly traded and determining the value of revenue requires substantial judgment. If the underlying stock is traded in an active market, the value used to record revenue is based on the quoted market value of the stock. If there is not an active market, then the value is determined using other inputs.

Concentrations

During the year ended December 31, 2015, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 74% of total revenue (39% and 35%, respectively). In addition, during 2015, one third party customer accounted for 23% of total revenue. During the year ended December 31, 2014, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 80% of total revenue (42% and 38%, respectively).

Fair Value of Financial Instruments

On January 1, 2008, the Company adopted ASC 820 Fair Value Measures.  ASC820 defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. The Company's estimates of fair value for financial assets and financial liabilities are based on the framework established in SFAS 157. The framework is based on the inputs used in valuation and gives the highest priority to quoted prices in active markets and requires that observable inputs be used in the valuations when available. The disclosure of fair value estimates in the ASC 820 hierarchy is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect the Company's significant market assumptions. The three levels of the hierarchy are as follows:

Level 1: Unadjusted quoted market prices for identical assets or liabilities in active markets that the Company has the ability to access.

Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets in inactive markets; or valuations based on models where the significant inputs are observable (e.g., interest rates, yield curves, default rates, etc.) or can be corroborated by observable market data.

Level 3: Valuations based on models where significant inputs are not observable. The unobservable inputs reflect the Company's own assumptions about the assumptions that market participants would use.

The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of financial assets require to be measured at fair value on a recurring basis including our major assets that approximates fair value as determined by using the future expected net cash flows on the sale of the investments.

The following methods and assumptions were used to estimate the fair value of the Company's investments in available-for-sale marketable securities:

Available-for-sale securities are recorded at fair value. We primarily own securities in smaller public companies that are thinly traded. Determining fair value requires substantial judgment. For common stock securities, we first determine whether or not the stock is traded in an active market. Securities traded in an active market are marked-to-market using the quoted market price of the stock and are classified as Level 1 inputs. Securities that do not have an active market are measured using unobservable inputs, and are classified as Level 3 inputs.

Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and are reported as a separate component of other comprehensive income (loss) until realized.  Realized gains and losses from the sale of available-for-sale securities are determined on a specific identification basis.

A decline in the market value of any available-for-sale security below cost that is deemed to be other than temporary results in a reduction in carrying amount to fair value. The impairment is charged to earnings and a new cost basis for the security is established.  Premiums and discounts are amortized or accreted over the life of the related available-for-sale security as an adjustment to yield using the effective interest method.  Dividend and interest income are recognized when earned.

 Available-for-sale securities are accounted for on a specific identification basis.  As of December 31, 2015 and 2014, the Company held available-for-sale securities with an aggregate fair value of $117,022 and $1,006,230, respectively.  As of December 31, 2015 and 2014, all of our available-for-sale securities were invested in publically traded equity holdings. The Company recognized unrealized losses, net of tax, in accumulated other comprehensive income as of December 31, 2015 and 2014 in the amounts of $437,824 and $231,515, respectively. (See Note 2 for details of available for sale investments).

The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2015, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2015
Assets:
Available-for-sale
marketable securities	$117,022	$                   -	$                   -	$117,022

The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2014, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2014
Assets:
Available-for-sale
marketable securities	$             1,006,230	$                   -	$                   -	$             1,006,230

Property and Equipment and Intangibles

Computers and intangibles are stated at cost. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the related assets, ranging from three to seven years. Expenditures for repairs and maintenance are charged to expense when incurred. Expenditures for major renewals and betterments, which extend the useful lives of existing computers and intangibles, are capitalized and depreciated or amortized. Upon retirement or disposition of computers and intangibles, the cost and related accumulated depreciation and amortization are removed from the accounts and any resulting gain or loss is recognized in the statements of operations.

Long-Lived Assets

All long-lived assets are reviewed when events or changes in circumstances indicate that the carrying amounts of such assets may not be recoverable. An impairment loss is recognized when estimated undiscounted cash flows that can be generated by those assets are less than the carrying value of the assets. When an impairment loss is recognized, the carrying amount is reduced to its estimated fair value based on appraisals or other reasonable methods to estimate fair value. There was no impairment of long-lived assets as of December 31, 2015 and 2014.

Investments in Marketable and Nonmarketable Securities

The Company reports its investments in marketable securities on the balance sheet as available for sale.  Investments are deemed to be marketable when they are investments in public companies. Some of the investments reflect the original cost of the investment due to low volume of trading of the investment, and other investments reflect the original cost of the investments and unrealized gain/loss amounts based on the market price as of the date of the financial statements.  Any tax adjustment related to the unrealized gain/loss is reflected as a deferred tax asset or liability on the balance sheet.

Other comprehensive income (OCI) is made up of the unrealized gain/loss amounts related to the available for sale investments of the Company.  The OCI balance is recorded net of tax.

The Company reports its investments in nonmarketable securities on balance sheet using the cost method. Investments are deemed to be nonmarketable when they are investments in private companies. Investments in nonmarketable securities reflect the original cost of the investment

Equity Method Investments 

For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the financial statements.  Under this method, any net income or net loss must be recorded against the Company's investment, not to exceed the original investment and recognized as additional income or loss on the Company's income statement. In 2008 the Company acquired 39% of the outstanding shares of Marine Exploration, Inc. for $50,000 and accounted for this investment under the equity method. As of December 31, 2015 and 2014, the Company's investment in Marine Exploration is zero due to significant losses of the investee.

Income Taxes

Deferred income tax assets and liabilities are recognized for the expected future income tax consequences of events that have been included in the consolidated financial statements or income tax returns. Deferred income tax assets and liabilities are determined based on differences between the financial statement and tax bases of assets and liabilities using tax rates in effect for the years in which the differences are expected to reverse.

In evaluating the ultimate realization of deferred income tax assets, management considers whether it is more likely than not that the deferred income tax assets will be realized. Management establishes a valuation allowance if it is more likely than not that all or a portion of the deferred income tax assets will not be utilized. The ultimate realization of deferred income tax assets is dependent on the generation of future taxable income, which must occur prior to the expiration of the net operating loss carry forwards.

The Company has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions.  The Company has identified its federal tax return and its state tax return in Colorado as "major" tax jurisdictions, as defined.  The Company is not currently under examination by the Internal Revenue Service or any other jurisdiction.  The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company's financial condition, results of operations, or cash flow.  Therefore, no reserves for uncertain income tax positions have been recorded. 

Earnings per Share

Basic income per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted income per share is determined by dividing the net income by the sum of (1) the weighted average number of common shares outstanding and (2) if not anti-dilutive, the effect of stock awards determined utilizing the treasury stock method.  The dilutive effect of the outstanding awards for the years ended December 31, 2015 and 2014 was 0 and 119,403 shares, respectively.

Recently Issued Accounting Pronouncements

In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. The new standard requires management to assess an entity's ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740)" providing guidance on the balance sheet classification of deferred taxes. The guidance requires that deferred tax assets and liabilities to be classified as noncurrent in the Balance Sheet. The guidance is effective for fiscal years beginning after December 15, 2016 and for interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In February 2015, the FASB issued Accounting Standards Update No. 2015-02 (ASU 2015-02), Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") — The evaluation of limited partnerships or similar entities as variable interest entities ("VIEs"), was modified. The revised requirements may affect the method of consolidation for reporting entities involved with such entities. All legal entities are subject to reevaluation under the revised consolidation mode. ASU 2015-02 affects the following areas: (1) limited partnerships and similar legal entities; (2) evaluating fees paid to a decision maker or a service provider as a variable interest; (3) the effect of fee arrangements on the primary beneficiary determination; (4) the effect of related parties on the primary beneficiary determination; and (5) certain investment funds. ASU 2015-02 is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the guidance in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. A reporting entity may apply the amendments in this guidance using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption. A reporting entity also may apply the amendments retrospectively. The adoption of ASU 2015-02 is not expected to have any impact on the Company's financial statement presentation or disclosures.

There were various other accounting standards and interpretations issued during 2015 and 2014. However, management does not expect any of these to have a material impact on the Company's consolidated financial position, operations, or cash flows.

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Investments

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Investments

(2)    Investments

Equity Method Investments

In 2008 the Company invested $50,000 for 175,000,000 shares of common stock in Marine Exploration, which represented 39% of the outstanding common stock of Marine Exploration. The Company recorded this long-term investment using the equity method of accounting for investments. Any net income or net loss must be recorded against the Company's investment, not to exceed the original investment of $50,000. Marine Exploration incurred significant losses during 2008, and the investment was reduced to zero. On August 24, 2010, Marine Exploration authorized a reverse split of 1 new share for 500 old shares of their common stock. As of this date, the Company has less than 1% ownership in Marine Exploration.

Investments in Available for Sale Marketable Securities

The Company's investments in available for sale marketable securities as of December 31, 2015 and 2014 are summarized below.

						As of December 31, 2015
											Accumulated
						Share		Market/Cost			Unrealized
Company Name	Shares		Cost			Price		Value			Gain/(Loss)
Hangover Joe's Holding Corporation		868,463			99,750		0.0021			1,824			(97,926	)
Silver Verde May Mining Co., Inc.		246,294			46,488		0.1770			43,594			(2,894	)
WestMountain Gold, Inc.		918,000			918		0.0780			71,604			70,686
Totals		2,032,757		$	147,156				$	117,022		$	(30,134	)

					As of December 31, 2014
									Accumulated
					Share		Market/Cost		Unrealized
Company Name	Shares		Cost		Price		Value		Gain/(Loss)
Omni Bio Pharmaceutical, Inc.		1,707,107	$	193,635	$	0.3695	$	630,776	$	437,141
Hangover Joe's Holding Corporation		868,463		99,750		0.0028		2,432		(97,318	)
Silver Verde May Mining Co., Inc.		246,294		46,488		0.2100		51,722		5,234
WestMountain Gold, Inc.		918,000		918		0.3500		321,300		320,382
Totals		3,739,864	$	340,791			$	1,006,230	$	665,439

On May 7, 2015 Omni Bio Pharmaceutical, Inc. filed a Form 8K announcing it has been unsuccessful in its fundraising and partnering/licensing efforts and does not anticipate being able to raise sufficient capital to continue operations. Consequently, the Board of Directors of Omni Bio approved an orderly wind down, including negotiations with its senior secured creditor, Bohemian Investments, LLC. During the year ended December 31, 2015, the Company's investment in Omni Bio Pharmaceutical, Inc. was determined to have other than temporary decline in value. The investment was fully impaired resulting in a loss on impairment of available for sale marketable securities of $193,634.

Investments in Nonmarketable Securities

In June 2014, the Company received 80,000 common shares ofWestMountain Distressed Debt, Inc., a related party, for services provided.This investment is recorded at our cost of $-0- and is accounted for under the cost method because, although WestMountain Distressed Debt, Inc. is a public company, an active market does not exist for the shares.

On November 1, 2015, our 1,645,000 common shares in NexCore Healthcare Capital Corp and our Class B units of NexCore Real Estate LLC was exchanged for 1,645,000 of common units of NexCore Companies LLC.

The Company's investments in nonmarketable securities accounted for under the cost method as of December 31, 2015 are summarized below.

Nonmarketable Securities:	Shares		Units		Cost
SKRP 16, Inc.		200,000		-	$	30,000
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt		80,000		-		-
Total Shares or Units		280,000		1,645,000	$	31,645

The Company's investments in nonmarketable securities accounted for under the cost method as of December 31, 2014 are summarized below.

Nonmarketable Securities:	Shares		Units		Cost
SKRP 16, Inc.		200,000		-	$	30,000
NexCore Real Estate LLC (Class B Units)		-		1,645,000		-
NexCore Healthcare Capital Corp.		1,645,000		-		1,645
WestMountain Distressed Debt		80,000		-		-
Total Shares or Units		280,000		1,645,000	$	31,645

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Related Parties

12 Months Ended

Dec. 31, 2015

Related Party Transactions [Abstract]

Related Parties

(3)    Related Parties

Bohemian Companies, LLC and BOCO Investments, LLC are two companies under common control.  Mr. Klemsz, our President, has been the Chief Investment Officer of BOCO Investments, LLC since March 2007.  Since there is common control between the two companies and a relationship with our Company President, we are considering all transactions with Bohemian Companies, LLC and BOCO Investments, LLC, related party transactions.

 On January 1, 2008, we entered into a Service Agreement with Bohemian Companies, LLC to provide us with certain defined services. These services included financial, bookkeeping, accounting, legal and tax matters, as well as cash management, custody of assets, preparation of financial documents, including tax returns and checks, and coordination of professional service providers as may be necessary to carry out the matters covered by the Service Agreement.  We compensated Bohemian Companies, LLC by reimbursing this entity for the allocable portion of the direct and indirect costs of each employee of Bohemian Companies, LLC that performed services on our behalf. We received invoices monthly from Bohemian Companies, LLC. This Service Agreement was terminated by mutual agreement of the parties on March 31, 2014. Total expenses incurred with Bohemian Companies were $0 and $2,000 for the years ending December 31, 2015 and 2014.  As of December 31, 2015 and 2014, the Company had a balance due to Bohemian Companies, LLC of $-0- and $-0-, respectively.

Revenue  

For the years ended December 31, 2015 and 2014, the Company recorded aggregate advisory/consulting revenue of $205,667 and $189,200 respectively. Of the $205,667 and $189,200 recorded advisory/consulting revenue in 2015 and 2014, $152,000 and $152,000 is related party revenue. This advisory/ onsulting fee revenue relates to services performed on behalf of Nexcore Group LP and WestMountain Gold, Inc. The related parties and the Company have common affiliates. As of December 31, 2015 and 2014, the Company had outstanding accounts receivables from related parties of $6,000 and $41,125, respectively.

Investments in Marketable and Nonmarketable Securities

On January 3, 2014, NexCore Healthcare Capital Corp. declared a $0.10 per share cash dividend to holders of NexCore common stock of record on January 16, 2014. As of that date, the Company owned 1,645,000 shares of common stock and received a cash dividend of $164,500.

In March 2014, the Company received an additional distribution from Nexcore Real Estate in the amount of $1,425.

On December 15, 2014, the Board of Directors of NexCore Healthcare Capital Corp, as manager of NexCore Real Estate, authorized a $0.0675 per unit cash distribution payable to holders of NexCore Real Estate Class B Units of record on December 1, 2014. On December 30, 2014, we deposited a check in the amount of $111,038 as a result of that distribution.

In addition, on December 15, 2014 the Board of Directors for NexCore Healthcare Capital Corp, authorized a $0.025 per share cash dividend payable to holders of NexCore common stock of record on December 1, 2014. We recorded a $41,125 receivable and respective dividend income in December 2014. On January 7, 2015 we deposited a check in the amount of $41,125 as a result of that cash dividend.

In November 2014 we were notified by Nexcore Real Estate that we had received an over distribution in the amount of $29,478 that we paid back to Nexcore Real Estate in December 2014. The over distribution was associated with Illinois tax that was disbursed to the State of Illinois on the Company's behalf. This payment has been recorded against dividend income on non- marketable securities in the other income and expense section of the income statement.

On November 1, 2015, our 1,645,000 common shares in NexCore Healthcare Capital Corp and our Class B units of NexCore Real Estate LLC was exchanged for 1,645,000 of common units of NexCore Companies LLC. On November 4, 2015, the Board of Directors of NexCore Companies LLC, authorized a $0.167 per unit cash distribution payable to unit holders of record as of December 15, 2015. On December 18, 2015, we deposited a check in the amount of $274,715 as a result of that distribution.  In addition, we posted the related tax impact of $5,510.

As of December 31, 2015 and 2014, the following investments in marketable and nonmarketable securities were held in related parties due to common principal ownership:

	December 31, 2015						December 31, 2014
					Market/Cost						Market/Cost
Company Name	Shares		Units		Value		Shares		Units		Value
Marketable Securities:
Hangover Joe's Holding Corp.		868,463		-	$	1,824		868,463		-	$	2,432
WestMountain Gold, Inc.		918,000		-		71,604		918,000		-		321,300
Total Shares or Units		1,786,463		-	$	73,428		1,786,463		-	$	323,732
Nonmarketable Securities:
Nexcore Real Estate LLC (Class B Units)		-		-	$	-		-		1,645,000	$	-
Nexcore Healthcare Capital Corp		-		-		-		1,645,000		-		1,645
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt, Inc.		80,000		-		-		80,000		-		-
Totals Shares or Units		80,000		1,645,000	$	1,645		1,725,000		1,645,000	$	1,645

Notes Receivable 

On October 17, 2014, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before April 16, 2015. On April 18, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of April 18, 2015. The new principal amount was $27,256. The new note carried an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before October 18, 2015.  On October 18, 2015 we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of October 18, 2015. The new principal amount is $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before April 18, 2016. As of December 31, 2015, the total principal and interest due on this note is $30,814. A full allowance has been recognized against this note and the accrued interest.

On January 27, 2015, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before July 27, 2015. On July 27, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of July 27, 2015. The new principal amount is $27,244. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before January 27, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. On January 27, 2016, we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of January 27, 2016. The new principal amount was $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before July 29, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. A full allowance has been recognized against this note and the accrued interest.

On May 4, 2015, we entered into an additional Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $10,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before November 4, 2015. On November 4, 2015 we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of November 4, 2015. The new principal amount is $10,740. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before May 4, 2016. As of December 31, 2015, principal and interest due on this note is $11,219. A full allowance has been recognized against this note and the accrued interest.

On December 31, 2015 management evaluated the collectability of the notes and determined it was necessary to write the balances off. A total of $60,937 was expensed to the income statement.

The Company has determined that WestMountain Distressed Debt, Inc., (WMDS) is considered a "variable interest entity", however, WestMountain Company is not the primary beneficiary.

WestMountain Company provided funding to WMDS to assist in paying their current operational expenses. The Company is not the only financial supporter to WMDS. The first note was dated October 17, 2014. Below is a summary of the current notes with WMDS that have been written off as of December 31, 2015.

AS OF DECEMBER 31, 2015					AS OF DECEMBER 31, 2014
Note	Due		Accrued		Note	Due		Accrued
Date	Date	Principal	Interest	TOTALS	Date	Date	Principal	Interest	TOTALS
10/19/2015	4/19/2016	$29,729	$1,085	$30,814	10/17/2014	4/17/2015	$25,000	$937	$25,937
7/27/2015	1/28/2016	27,244	2,109	29,353
11/5/2015	5/5/2016	10,740	479	11,219
TOTAL DUE		$67,713	$3,673	$71,386	TOTAL DUE		$25,000	$937	$25,937
Allowance for doubtful accounts				$(71,386)
Note receivable, related parties				$ -

The total funding at risk is not sufficient to permit this entity to finance its activities without additional subordinated financial support.

WestMountain Company is not a majority equity stakeholder in WMDS, nor does it have voting control, control of the board of directors, or substantive management rights. Given that the Company does not have the power to direct their activities that most significantly impact its economic performance, the Company determined that it is not the primary beneficiary of WMDS and therefore is not required to consolidate this entity. 

The Company will access any additional transactions with WMDS to determine if the entity will need to be consolidated with the Company based on the VIE disclosure requirements.

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Stockholders Equity

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Stockholders Equity

(4)    Stockholders Equity

Common stock

No common shares were issued or retired during the years ended December 31, 2015 and 2014.

Stock options

On August 15, 2011, the Company approved the employee compensation plan and granted a total of 200,000 common stock options, to our employees. As stated in the compensation plan, these options have a four year term. 50% of the options will become vested and exercisable immediately, 25% on the first anniversary date of August 15, 2011, and 25% on the second anniversary date of August 15, 2012. The options have an exercise price of $0.27 per share, which was the fair value of the stock on the day of the grant. The fair value of the options was determined to be $41,038 using the Black-Scholes option pricing model and the following key assumptions: market price of common stock of $0.27, a risk free rate of 0.99%, a volatility of 99.96% and an expected term of 2.375 years using the simplified method. During the years ended December 31, 2015 and 2014, $-0- and $-0-, respectively was expensed. 

The following table presents the activity stock options during the years ended December 31, 2015 and 2014:

				Weighted
				Average
	Options			Exercise Price
Outstanding - December 31, 2013		200,000		$	0.27
Granted		-			-
Forfeited/canceled		-			-
Exercised		-			-
Outstanding - December 31, 2014		200,000		$	0.27
Granted		-			-
Forfeited/canceled		-			-
Exercised		(200,000	)		0.27
Outstanding - December 31, 2015		-		$	0.00

All outstanding options expired during the year ended December 31, 2015.

The following table presents the composition of options outstanding and exercisable as of December 31, 2015 and December 31, 2014. The exercisable options have an intrinsic value of $-0- and $96,000 as of December 31, 2015 and December 31, 2014.

As of December 31, 2015:
		Options Outstanding		Options Exercisable
	Range of Exercise Prices	Number	Life	Number	Price
	-	-	.0	-	-
As of December 31, 2014:
		Options Outstanding		Options Exercisable
	Range of Exercise Prices	Number	Life	Number	Price
	0.27	200,000	.6	200,000	0.27

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Commitments and Contingencies

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

(5)    Commitments and Contingencies

Based on currently available information, the Company believes that it is remote that future costs related to known contingent liability exposures will exceed current accruals by an amount that would have a material adverse impact on our financial statements. As the Company learns new facts concerning contingencies, the Company reassesses its position both with respect to accrued liabilities and other potential exposures. In the case of all known contingencies, the Company accrues a liability when the loss is probable and the amount is reasonably estimable. The Company does not reduce these liabilities for potential insurance or third-party recoveries.

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Income Taxes

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Income Taxes

(6)   Income Taxes

The Company records deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.

The provision of income taxes consists of the following for the years ended December 31, 2015 and 2014:

Provision for taxes
	2015			2014
Current:
Federal	$	(60,831	)	$	39,461
State		5,574			6,299
Total current		(55,257	)		45,760
Deferred:
Federal		32,152			(58,863	)
State		11,433			(214	)
Total deferred		43,585			(59,077	)
Income tax expense (benefit)	$	(11,672		$	(13,317	)

Deferred tax assets and liabilities consisted of the following as of December 31, 2015 and 2014:

Deferred taxes consists of:
	December 31,
	2015			2014
Deferred tax assets (liabilities):
Current
Compensation Accruals	$	8,164		$	8,330
Investments in Flow Through Entities		33,077			94,708
Bad Deb Reserve		22,233			22,233
Prepaid Expenses		(856	)		(3,634	)
Fixed Assets		(64	)		2,411
Unrealized Losses		-			-
Interest Payable - Related Party		26,452			-
Other		(609	)		(609	)
Equity / Option Compensation		15,207			15,207
Accumulated OCI		11,147			(246,604	)
Net operating loss carryforwards		27,538			-
Total current deferred tax asset		142,289			(107,958	)
Long-term
Net operating loss carryforwards		-			-
Other Liabilities		-			-
Total long-term deferred tax asset net		-			-
Total deferred tax assets (liabilities)		142,289			(107.958	)
Valuation allowance		(36,081	)		-
Net deferred tax assets (liabilities)	$	106,208		$	(107,958	)

The benefit for income taxes differs from the amount computed by applying the U.S. federal income tax rate of 35% to loss before income taxes as follows for the years ended December 31, 2015 and 2014:

	2015			2014
U.S. federal income tax expense\(benefit) at statutory rates	$	(35,074	)	$	37,277
Permanent differences		2,062			(20,337	)
State income tax expense\(benefit), net of federal impact		18,264			4,196
Effect of Change in Estimated Federal Rate from 22% to 34%		4,155			(34,453	)
Other		(1,206	)		-
Change in valuation allowance		-			-
	$	(11,799	)	$	(13,317	)

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Subsequent Event

12 Months Ended

Dec. 31, 2015

Subsequent Events [Abstract]

Subsequent Event

(7) Subsequent Events

On February 17, 2016, we paid $30,000 for 6.98 of RavenBrick Class C unit shares. RavenBrick is an existing customer we provide advisory services to. These services consist of, but not limited to, developing public recognition of their business plans and strategic goals, and engaging in website development and media production.

Our principal executive offices are located at 181 W. Boardwalk, Suite 202, Fort Collins, Colorado 80525, and our telephone number is (970) 223-4499.  Effective April 1, 2016, our office will be located at 1001-A E. Harmony Road, #366, Fort Collins, Colorado 80525.

On January 27, 2015, we entered into a Promissory Note Agreement with WestMountain Distressed Debt, Inc., a related party, in the amount of $25,000. The note bears an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before July 27, 2015. On July 27, 2015, we entered into a new Promissory Note Agreement for the total principal and interest due on the original note as of July 27, 2015. The new principal amount was $27,244. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan was due on or before January 27, 2016. On January 28, 2016, we entered into a new Promissory Note Agreement for the total principal and interest due on the extension as of January 27, 2016. The new principal amount was $29,729. The new note carries an interest rate of 18% per annum until paid in full. Repayment of the loan is due on or before July 29, 2016. As of December 31, 2015, principal and interest due on this note is $29,353. A full allowance has been recognized against this note and the accrued interest.

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Nature of Organization and Summary of Significant Accounting Policies (Policy)

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Organization and Basis of Presentation

Nature of Organization and Basis of Presentation

WestMountain Company ("we", "our" or the "Company"), formerly known as WestMountain Asset Management, Inc. was incorporated in the state of Colorado on October 18, 2007 and on this date approved its business plan and commenced operations.

As a consultant to both public and private companies, we promote public visibility and market acceptance for our clients. We use a number of techniques to achieve these objectives for our clients, including developing public recognition of their business plans and strategic goals, managing investor relations, and engaging in website development and media production. We also utilize various social media outlets and services to deliver our client's message. We are paid fees for our services by our clients under written consulting agreements.

Principles of Consolidation

Principles of Consolidation

Property holding entities and other subsidiaries of which we own 100% of the equity or have a controlling financial interest evidenced by ownership of a majority voting interest are consolidated. All inter-company balances and transactions are eliminated.

The accompanying consolidated financial statements include the accounts of WestMountain Company and the following 100% owned subsidiaries, which were active at December 31, 2015:

       WestMountain Business Consulting, Inc.

       WestMountain Allocation Analytics, Inc.

       WestMountain Valuation Services, Inc.

Reclassifications

Reclassifications

Certain prior period amounts have been reclassified to conform to current period presentation.

Use of Estimates

Use of Estimates

The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and Cash Equivalents

The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents.  There were no cash equivalents as of December 31, 2014. 

Accounts Receivable

Accounts Receivable

Accounts receivable consists of amounts due from consulting fees associated with marketing and media consulting and dividends due from a related party. The Company considers accounts more than 30 days old to be past due. The Company uses the allowance method for recognizing bad debts. When an account is deemed uncollectible, it is written off against the allowance. Management records reasonable allowances to fairly represent accounts receivable amounts that are collectible.  For the years ended December 31, 2015 and 2014, the Company did not record any allowance against our accounts receivable balance.

Notes Receivable, Related Party

Notes Receivable

Notes receivable consist of secured loans to unrelated third parties and are reported at the outstanding principal balance. As of December 31, 2011, the principal balance was $30,000, net of an allowance of $60,000. In February 2012, the Company converted its $30,000 convertible note receivable into 200,000 common shares of common stock of SRKP 16, Inc. (see Note 2). As of December 31, 2015 our net note receivable balance was $-0-. Our principal balance is $60,000, with a full allowance against the principal of $60,000.

Allowance for Loss on Note Receivable, Related Party

Allowance for Loss on Note Receivable, Related Party

The allowance for loss on note receivable is the amount that, in the opinion of management, is necessary to absorb probable losses inherent in the note receivable.  The allowance is determined based upon numerous considerations including local economic conditions, a review of the value of collateral supporting the note receivable and the collectability of the note receivable. As a result of the test of adequacy, required adjustments to the allowance for loan losses are made periodically by changes to the provision for loss on note receivable. As of December 31, 2015 and 2014, the allowance for loss on note receivable was $60,937 and $0, respectively. A write-off of note receivable, related party was recognized in 2015 resulting in a loss of $60,937.

Related Parties

Related Parties

A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

The Company had three unsecured promissory notes from WestMountain Distressed Debt. On December 31, 2015 management evaluated the collectability of the notes and determined it was necessary to write the balances off. A total of $60,937 was expensed to the income statement.

Revenue

Revenue

We act primarily as a fee-based marketing and media consultant to public companies. As a consultant, we provide investor relations, website development, video production, and associated marketing and media services to clients. We are paid fees for our services by our clients under written consulting agreements.

The Company recognizes revenue for its services generally when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable and collectability is reasonably assured.

In the general course of business, we receive stock-based compensation for our services. In many cases, the underlying stock is thinly traded and determining the value of revenue requires substantial judgment. If the underlying stock is traded in an active market, the value used to record revenue is based on the quoted market value of the stock. If there is not an active market, then the value is determined using other inputs.

Concentrations

Concentrations

During the year ended December 31, 2015, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 74% of total revenue (39% and 35%, respectively). In addition, during 2015, one third party customer accounted for 23% of total revenue. During the year ended December 31, 2014, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 80% of total revenue (42% and 38%, respectively).

Fair Value of Financial Instruments

Fair Value of Financial Instruments

On January 1, 2008, the Company adopted ASC 820 Fair Value Measures.  ASC820 defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. The Company's estimates of fair value for financial assets and financial liabilities are based on the framework established in SFAS 157. The framework is based on the inputs used in valuation and gives the highest priority to quoted prices in active markets and requires that observable inputs be used in the valuations when available. The disclosure of fair value estimates in the ASC 820 hierarchy is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect the Company's significant market assumptions. The three levels of the hierarchy are as follows:

Level 1: Unadjusted quoted market prices for identical assets or liabilities in active markets that the Company has the ability to access.

Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets in inactive markets; or valuations based on models where the significant inputs are observable (e.g., interest rates, yield curves, default rates, etc.) or can be corroborated by observable market data.

Level 3: Valuations based on models where significant inputs are not observable. The unobservable inputs reflect the Company's own assumptions about the assumptions that market participants would use.

The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of financial assets require to be measured at fair value on a recurring basis including our major assets that approximates fair value as determined by using the future expected net cash flows on the sale of the investments.

The following methods and assumptions were used to estimate the fair value of the Company's investments in available-for-sale marketable securities:

Available-for-sale securities are recorded at fair value. We primarily own securities in smaller public companies that are thinly traded. Determining fair value requires substantial judgment. For common stock securities, we first determine whether or not the stock is traded in an active market. Securities traded in an active market are marked-to-market using the quoted market price of the stock and are classified as Level 1 inputs. Securities that do not have an active market are measured using unobservable inputs, and are classified as Level 3 inputs.

Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and are reported as a separate component of other comprehensive income (loss) until realized.  Realized gains and losses from the sale of available-for-sale securities are determined on a specific identification basis.

A decline in the market value of any available-for-sale security below cost that is deemed to be other than temporary results in a reduction in carrying amount to fair value. The impairment is charged to earnings and a new cost basis for the security is established.  Premiums and discounts are amortized or accreted over the life of the related available-for-sale security as an adjustment to yield using the effective interest method.  Dividend and interest income are recognized when earned.

Available-for-sale securities are accounted for on a specific identification basis.  As of December 31, 2015 and 2014, the Company held available-for-sale securities with an aggregate fair value of $117,022 and $1,006,230, respectively.  As of December 31, 2015 and 2014, all of our available-for-sale securities were invested in publically traded equity holdings. The Company recognized unrealized losses, net of tax, in accumulated other comprehensive income as of December 31, 2015 and 2014 in the amounts of $437,824 and $231,515, respectively. (See Note 2 for details of available for sale investments).

 The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2015, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2015
Assets:
Available-for-sale
marketable securities	$117,022	$                   -	$                   -	$117,022

The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2014, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2014
Assets:
Available-for-sale
marketable securities	$             1,006,230	$                   -	$                   -	$             1,006,230

Property and Equipment and Intangibles

Property and Equipment and Intangibles

Computers and intangibles are stated at cost. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the related assets, ranging from three to seven years. Expenditures for repairs and maintenance are charged to expense when incurred. Expenditures for major renewals and betterments, which extend the useful lives of existing computers and intangibles, are capitalized and depreciated or amortized. Upon retirement or disposition of computers and intangibles, the cost and related accumulated depreciation and amortization are removed from the accounts and any resulting gain or loss is recognized in the statements of operations.

Long-Lived Assets

Long-Lived Assets

All long-lived assets are reviewed when events or changes in circumstances indicate that the carrying amounts of such assets may not be recoverable. An impairment loss is recognized when estimated undiscounted cash flows that can be generated by those assets are less than the carrying value of the assets. When an impairment loss is recognized, the carrying amount is reduced to its estimated fair value based on appraisals or other reasonable methods to estimate fair value. There was no impairment of long-lived assets as of December 31, 2015 and 2014.

Investments in Marketable and Nonmarketable Securities

Investments in Marketable and Nonmarketable Securities

The Company reports its investments in marketable securities on the balance sheet as available for sale.  Investments are deemed to be marketable when they are investments in public companies. Some of the investments reflect the original cost of the investment due to low volume of trading of the investment, and other investments reflect the original cost of the investments and unrealized gain/loss amounts based on the market price as of the date of the financial statements.  Any tax adjustment related to the unrealized gain/loss is reflected as a deferred tax asset or liability on the balance sheet.

Other comprehensive income (OCI) is made up of the unrealized gain/loss amounts related to the available for sale investments of the Company.  The OCI balance is recorded net of tax.

The Company reports its investments in nonmarketable securities on balance sheet using the cost method. Investments are deemed to be nonmarketable when they are investments in private companies. Investments in nonmarketable securities reflect the original cost of the investment

Equity Method Investments

Equity Method Investments 

For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the financial statements.  Under this method, any net income or net loss must be recorded against the Company's investment, not to exceed the original investment and recognized as additional income or loss on the Company's income statement. In 2008 the Company acquired 39% of the outstanding shares of Marine Exploration, Inc. for $50,000 and accounted for this investment under the equity method. As of December 31, 2015 and 2014, the Company's investment in Marine Exploration is zero due to significant losses of the investee.

Income Taxes

Income Taxes

Deferred income tax assets and liabilities are recognized for the expected future income tax consequences of events that have been included in the consolidated financial statements or income tax returns. Deferred income tax assets and liabilities are determined based on differences between the financial statement and tax bases of assets and liabilities using tax rates in effect for the years in which the differences are expected to reverse.

In evaluating the ultimate realization of deferred income tax assets, management considers whether it is more likely than not that the deferred income tax assets will be realized. Management establishes a valuation allowance if it is more likely than not that all or a portion of the deferred income tax assets will not be utilized. The ultimate realization of deferred income tax assets is dependent on the generation of future taxable income, which must occur prior to the expiration of the net operating loss carry forwards.

The Company has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions.  The Company has identified its federal tax return and its state tax return in Colorado as "major" tax jurisdictions, as defined.  The Company is not currently under examination by the Internal Revenue Service or any other jurisdiction.  The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company's financial condition, results of operations, or cash flow.  Therefore, no reserves for uncertain income tax positions have been recorded. 

Earnings per Share

Earnings per Share

Basic income per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted income per share is determined by dividing the net income by the sum of (1) the weighted average number of common shares outstanding and (2) if not anti-dilutive, the effect of stock awards determined utilizing the treasury stock method.  The dilutive effect of the outstanding awards for the years ended December 31, 2015 and 2014 was $-0- and 119,403 shares, respectively.

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. The new standard requires management to assess an entity's ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740)" providing guidance on the balance sheet classification of deferred taxes. The guidance requires that deferred tax assets and liabilities to be classified as noncurrent in the Balance Sheet. The guidance is effective for fiscal years beginning after December 15, 2016 and for interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the impact this guidance may have on our financial statements.

In February 2015, the FASB issued Accounting Standards Update No. 2015-02 (ASU 2015-02), Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") — The evaluation of limited partnerships or similar entities as variable interest entities ("VIEs"), was modified. The revised requirements may affect the method of consolidation for reporting entities involved with such entities. All legal entities are subject to reevaluation under the revised consolidation mode. ASU 2015-02 affects the following areas: (1) limited partnerships and similar legal entities; (2) evaluating fees paid to a decision maker or a service provider as a variable interest; (3) the effect of fee arrangements on the primary beneficiary determination; (4) the effect of related parties on the primary beneficiary determination; and (5) certain investment funds. ASU 2015-02 is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the guidance in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. A reporting entity may apply the amendments in this guidance using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption. A reporting entity also may apply the amendments retrospectively. The adoption of ASU 2015-02 is not expected to have any impact on the Company's financial statement presentation or disclosures.

There were various other accounting standards and interpretations issued during 2015 and 2014. However, management does not expect any of these to have a material impact on the Company's consolidated financial position, operations, or cash flows.

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Nature of Organization and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Financial Assets Measured at Fair Value on a Recurring Basis

 The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2015, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2015
Assets:
Available-for-sale
marketable securities	$117,022	$                   -	$                   -	$117,022

The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at December 31, 2014, were as follows:

	Quoted Prices in	Significant
	Active Markets for	Other	Significant
	Identical Assets and	Observable	Unobservable	Balance as of
	Liabilities	Inputs	Inputs	December 31,
Description	(Level 1)	(Level 2)	(Level 3)	2014
Assets:
Available-for-sale
marketable securities	$             1,006,230	$                   -	$                   -	$             1,006,230

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Investments (Tables)

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments in Available for Sale Marketable Securities

The Company's investments in available for sale marketable securities as of December 31, 2015 and 2014 are summarized below.

						As of December 31, 2015
											Accumulated
						Share		Market/Cost			Unrealized
Company Name	Shares		Cost			Price		Value			Gain/(Loss)
Hangover Joe's Holding Corporation		868,463			99,750		0.0021			1,824			(97,926	)
Silver Verde May Mining Co., Inc.		246,294			46,488		0.1770			43,594			(2,894	)
WestMountain Gold, Inc.		918,000			918		0.0780			71,604			70,686
Totals		2,032,757		$	147,156				$	117,022		$	(30,134	)

					As of December 31, 2014
									Accumulated
					Share		Market/Cost		Unrealized
Company Name	Shares		Cost		Price		Value		Gain/(Loss)
Omni Bio Pharmaceutical, Inc.		1,707,107	$	193,635	$	0.3695	$	630,776	$	437,141
Hangover Joe's Holding Corporation     (formerly Accredited Members     Holding Corporation)		868,463		99,750		0.0028		2,432		(97,318	)
Silver Verde May Mining Co., Inc.		246,294		46,488		0.2100		51,722		5,234
WestMountain Gold, Inc. (formerly     WestMountain Index Advisor, Inc.)		918,000		918		0.3500		321,300		320,382
Totals		3,739,864	$	340,791			$	1,006,230	$	665,439

Schedule of Cost Method Investments

The Company's investments in nonmarketable securities accounted for under the cost method as of December 31, 2015 are summarized below.

Nonmarketable Securities:	Shares		Units		Cost
SKRP 16, Inc.		200,000		-	$	30,000
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt		80,000		-		-
Total Shares or Units		280,000		1,645,000	$	31,645

The Company's investments in nonmarketable securities accounted for under the cost method as of December 31, 2014 are summarized below.

Nonmarketable Securities:	Shares		Units		Cost
SKRP 16, Inc.		200,000		-	$	30,000
NexCore Real Estate LLC (Class B Units)		-		1,645,000		-
NexCore Healthcare Capital Corp.		1,645,000		-		1,645
WestMountain Distressed Debt		80,000		-		-
Total Shares or Units		280,000		1,645,000	$	31,645

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Related Parties (Tables)

12 Months Ended

Dec. 31, 2015

Related Parties Tables

Securities held in related parties due to common principal ownership

	December 31, 2015						December 31, 2014
					Market/Cost						Market/Cost
Company Name	Shares		Units		Value		Shares		Units		Value
Marketable Securities:
Hangover Joe's Holding Corp.		868,463		-	$	1,824		868,463		-	$	2,432
WestMountain Gold, Inc.		918,000		-		71,604		918,000		-		321,300
Total Shares or Units		1,786,463		-	$	73,428		1,786,463		-	$	323,732
Nonmarketable Securities:
Nexcore Real Estate LLC (Class B Units)		-		-	$	-		-		1,645,000	$	-
Nexcore Healthcare Capital Corp		-		-		-		1,645,000		-		1,645
Nexcore Companies LLC (Common Units)		-		1,645,000		1,645
WestMountain Distressed Debt, Inc.		80,000		-		-		80,000		-		-
Totals Shares or Units		80,000		1,645,000	$	1,645		1,725,000		1,645,000	$	1,645

Summary of the current notes with WMDS that have been written off as of December 31, 2015

AS OF DECEMBER 31, 2015					AS OF DECEMBER 31, 2014
Note	Due		Accrued		Note	Due		Accrued
Date	Date	Principal	Interest	TOTALS	Date	Date	Principal	Interest	TOTALS
10/19/2015	4/19/2016	$29,729	$1,085	$30,814	10/17/2014	4/17/2015	$25,000	$937	$25,937
7/27/2015	1/28/2016	27,244	2,109	29,353
11/5/2015	5/5/2016	10,740	479	11,219
TOTAL DUE		$67,713	$3,673	$71,386	TOTAL DUE		$25,000	$937	$25,937
Allowance for doubtful accounts				$(71,386)
Note receivable, related parties				$ -

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Stockholders Equity (Tables)

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Schedule of Common Stock Option Activity

 The following table presents the activity stock options during the years ended December 31, 2012 through 2015:

				Weighted
				Average
	Options			Exercise Price
Outstanding - December 31, 2013		200,000		$	0.27
Granted		-			-
Forfeited/canceled		-			-
Exercised		-			-
Outstanding - December 31, 2014		200,000		$	0.27
Granted		-			-
Forfeited/canceled		-			-
Exercised		(200,000	)		-
Outstanding - December 31, 2015		-		$	0.27

Schedule of Options Outstanding and Exercisable, by Exercise Price Range

As of December 31, 2015:
		Options Outstanding		Options Exercisable
	Range of Exercise Prices	Number	Life	Number	Price
	-	-	.0	-	-
As of December 31, 2014:
		Options Outstanding		Options Exercisable
	Range of Exercise Prices	Number	Life	Number	Price
	0.27	200,000	.6	200,000	0.27

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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision

Provision for taxes
	2014			2013
Current:
Federal	$	39,461		$	31,976
State		6,299			1,583
Total current		45,760			33,559
Deferred:
Federal		(58,863	)		25,883
State		(214	)		7,585
Total deferred		(59,077	)		33,468
Income tax expense (benefit)	$	(13,317	)	$	67,027

Schedule of Deferred Tax Assets and Liabilities

Deferred taxes consists of:
	December 31,
	2015			2014
Deferred tax assets (liabilities):
Current
Compensation Accruals	$	8,164		$	8,330
Investments in Flow Through Entities		33,077			94,708
Bad Deb Reserve		22,233			22,233
Prepaid Expenses		(856	)		(3,634	)
Fixed Assets		(64	)		2,411
Unrealized Losses		-			-
Interest Payable - Related Party		26,452			-
Other		(609	)		(609	)
Equity / Option Compensation		15,207			15,207
Accumulated OCI		11,147			(246,604	)
Net operating loss carryforwards		27,538			-
Total current deferred tax asset		142,289			(107,958	)
Long-term
Net operating loss carryforwards		-			-
Other Liabilities		-			-
Total long-term deferred tax asset net		-			-
Total deferred tax assets (liabilities)		142,289			(107.958	)
Valuation allowance		(36,081	)		-
Net deferred tax assets (liabilities)	$	106,208		$	(107,958	)

Schedule of Effective Income Tax Rate Reconciliation

	2014			2013
U.S. federal income tax expense\(benefit) at statutory rates	$	37,277		$	53,698
Permanent differences		(20,337	)		19
State income tax expense\(benefit), net of federal impact		4,196			8,820
Effect of Change in Estimated Federal Rate from 22% to 34%		(34,453	)		-
Other		-			4,490
Change in valuation allowance		-			-
	$	(13,317	)	$	67,027

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Nature of Organization and Summary of Significant Accounting Policies (Fair Value of Financial Instruments) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized loss on investments in marketable equity securities, net of tax	$ (437,824)	$ (231,515)
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	117,022	1,006,230
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 117,022	$ 1,006,230
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities

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Investments (Available for Sale Marketable Securities) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Shares	1,786,463	1,786,463
Cost	$ 147,156	$ 340,791
Share Price
Market/Cost Value	117,022	$ 1,006,230
Accumulated Unrealized Gain/(Loss)	$ (30,134)	$ 665,439
Hangover Joe's Holding Corporation [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares	868,463	868,463
Cost	$ 99,750	$ 99,750
Share Price	$ 0.0021	$ 0.0028
Market/Cost Value	$ 1,824	$ 2,432
Accumulated Unrealized Gain/(Loss)	$ (97,926)	$ (97,318)
Silver Verde May Mining Co., Inc [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares	246,294	246,294
Cost	$ 46,488	$ 46,488
Share Price	$ 0.1770	$ 0.2100
Market/Cost Value	$ 43,594	$ 51,722
Accumulated Unrealized Gain/(Loss)	$ (2,894)	$ 5,234
WestMountain Gold, Inc. [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares	918,000	918,000
Cost	$ 918	$ 918
Share Price	$ 0.0780	$ 0.3500
Market/Cost Value	$ 71,604	$ 321,300
Accumulated Unrealized Gain/(Loss)	$ 70,686	$ 320,382
Omni Bio Pharmaceutical, Inc. [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares		1,707,107
Cost		$ 193,635
Share Price		$ 0.3695
Market/Cost Value		$ 630,776
Accumulated Unrealized Gain/(Loss)		$ 437,141

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Investments (Cost Method Investments) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Cost-method Investments [Line Items]
Shares	280,000	280,000
Units	1,645,000	1,645,000
Cost	$ 31,645	$ 31,645
Service agreement services provided	$ 0	$ 2,000
SRKP 16, Inc. [Member]
Schedule of Cost-method Investments [Line Items]
Shares	200,000	200,000
Cost	$ 30,000	$ 30,000
Nexcore Companies, LLC [Member]
Schedule of Cost-method Investments [Line Items]
Units	1,645,000
Cost	$ 1,645
WestMountain Distressed Debt [Member]
Schedule of Cost-method Investments [Line Items]
Shares	80,000	80,000
Cost
NexCore Real Estate LLC (Class B Units) Member
Schedule of Cost-method Investments [Line Items]
Units		1,645,000
NexCore Healthcare Capital Corp. [Member]
Schedule of Cost-method Investments [Line Items]
Shares		1,645,000
Cost		$ 1,645

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Stockholders Equity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Aug. 15, 2012
Stockholders' Equity Note [Abstract]
Outstanding shares	9,517,402	9,517,402
Shares authorized under stock option plan	200,000				200,000
Terms of options per compensation plan agreement (in years)	4 years
Percentage of options that vest and are exercisable immediately					50.00%
Percentage of options that vest on the first anniversary date of August 15, 2011					25.00%
Percentage of options that vest on the second anniversary date of August 15, 2012					25.00%
Exercise price	$ 0.27	$ 0.27	$ 0.27	$ 0.27
Fair value	$ 41,038
Risk free interest rate	0.99%
Volatility rate	99.96%
Expected life in years	2 years 3 months 6 days
Share-based compensation expense recognized during the period	$ 0

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Stockholders Equity (Stock Option Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock option activity
Outstanding, beginning	200,000	200,000	200,000	200,000
Forfeited/cancelled	(200,000)
Outstanding, ending	0	200,000	200,000	200,000
Weighted average exercise price, beginning	$ 0.27	$ 0.27	$ 0.27
Weighted average exercise price, ending	$ 0.27	$ 0.27	$ 0.27	$ 0.27
Expiration date	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015

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Stockholders Equity (Exercisable and Outstanding Options by Exercise Price Range) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2015	Dec. 31, 2014
Options by exercise price range
Options exercisable, intrinsic value		$ 0	$ 96,000
Minimum exercise price	$ 0.27	$ 0.27
Options outstanding		200,000	200,000
Options exercisable outstanding		200,000	100,000

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Related Parties (Schedule of Related Party Investments) (Details) (USD $) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Marketable Securities:
Shares	1,786,463	1,786,463
Market cost/value	$ 73,428	$ 323,732
Nonmarketable Securities:
Shares	80,000	1,725,000
Units	1,645,000	1,645,000
Market cost/value	$ 1,645	$ 1,645
Hangover Joes Holding Corp [Member]
Marketable Securities:
Shares	868,463	868,463
Market cost/value	$ 1,824	$ 2,432
WestMountain Gold, Inc.
Marketable Securities:
Shares	918,000	918,000
Market cost/value	$ 71,604	$ 321,300
Nexcore Real Estate LLC Class B Units [Member]
Nonmarketable Securities:
Units		1,645,000
Nexcore Healthcare Capital Corp [Member]
Nonmarketable Securities:
Shares		1,645,000
Market cost/value	$ 1,645	$ 1,645
WestMountain Distressed Debt, Inc. (Member)
Nonmarketable Securities:
Shares	80,000	80,000

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Subsequent Events (Details Narrative)	Feb. 15, 2016 USD ($)
Subsequent Events [Abstract]
RavenBrick Class C unit shares purchased	$ 30,000

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Income Taxes (Components of Income Tax) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal	$ (60,831)	$ 39,461
State	5,574	6,299
Total current	(55,257)	45,760
Deferred:
Federal	32,152	(58,863)
State	11,433	(214)
Total deferred	43,585	(59,077)
Income tax benefit	$ (11,672)	$ (13,317)

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Income Taxes (Deferred Tax Assets) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets (liabilities):
Compensation Accruals	$ 8,164	$ 8,330
Investments in Flow Through Entities	33,077	94,708
Bad debt reserve	22,233	22,233
Prepaid expenses	(856)	(3,634)
Fixed assets	$ (64)	$ 2,411
Unrealized losses
Interest Payable - Related Party	$ 26,452
Other	(609)	$ (609)
Equity / Option Compensation	15,207	15,207
Accumulated OCI	11,147	$ (246,604)
Net operating loss carryforwards	27,538
Total current deferred tax asset	142,289	$ (107,958)
Long-term
Net operating loss carryforwards	$ (27,538)
Other Liabilities
Total long-term deferred tax asset net
Total deferred tax assets (liabilities)	$ 142,289	$ (108)
Valuation allowance	(36,081)
Net deferred tax assets (liabilities)	$ 106,208	$ (107,958)

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Income Taxes (Effective Income Tax Rate Reconciliation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
U.S. federal income tax benefit at statutory rates	$ (35,074)	$ 37,277
Permanent differences	2,062	(20,337)
State income tax benefit, net of federal impact	18,264	4,196
Effect of Change in Estimated Federal Rate from 22% to 34%	4,155	$ (34,453)
Other	$ (1,206)
Change in valuation allowance
Income tax benefit	$ (11,799)	$ (13,317)