1. Organization of The Company and Significant Accounting Policies: Use of Estimates (Policies)	9 Months Ended
Sep. 30, 2014
Policies
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make reasonable estimates and assumptions that affect the reported amounts of the assets and liabilities and disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses at the date of the consolidated financial statements and for the period they include. Actual results may differ from these estimates.

1. Organization of The Company and Significant Accounting Policies: Use of Estimates (Policies)

9 Months Ended

Sep. 30, 2014

Use of Estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make reasonable estimates and assumptions that affect the reported amounts of the assets and liabilities and disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses at the date of the consolidated financial statements and for the period they include. Actual results may differ from these estimates.

MONDIAL VENTURES, INC. 10-Q