Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

v3.8.0.1
Investments (Tables)
6 Months Ended
Jun. 30, 2017
Investments Tables  
Schedule of Investments

Pursuant to the Agreement, the Company is committed to raising one million dollars for the joint venture based on the following schedule:

 

April 4, 2017 $75,000
April 17, 2017 $125,000
May 1, 2017 $513,750
June 1, 2017 $17,250
July 1, 2017 $19,000
August 1, 2017 $250,000
Schedule of Standalone Unaudited Financial Information of BV-MCOA Management LLC Joint Venture

The standalone unaudited balance sheet of the BV- MCOA Management LLC Joint Venture as of June 30, 2017 and December 31, 2016 are as follows:

 

   

June 30,

2017

 

December 31,

2016

ASSETS                
                 
Cash     82.00       —    
Total Cash     82.00          
Other Current Assets                
Bougainville Ventures Inc. Receivable     (100.00 )     —    
Total Other Current Assets     (100.00 )     —    
Total Current Assets     (18.00 )     —    
Fixed Assets                
Land Deposit     75,000.00       —    
Total Fixed Assets     75,000.00       —    
TOTAL ASSETS     74,982.00       —    
LIABILITIES & EQUITY                
Equity                
MCOA  Capital Contribution     75,000.00       —    
Net Income     (18.00 )     —    
TOTAL LIABILITIES AND EQUITY     74,982        —    

 

The standalone unaudited statement of operations of the BV- MCOA Management LLC Joint Venture for the six months ended June 30, 2017 and June 30, 2016 are as follows:

 

 

    For the
Six Months
Ended
June 30, 2017
  For the
Six Months
Ended
June 30, 2016
Income     0.00       —    
Expense                 
Bank Service Charges     18.00       —    
Total Expense     18.00       —    
Net Income     (18.00 )     —