Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 340,052 $ 108,642
Accounts receivable, net 189,633 105,625
Other current assets 2,660 3,685
Due from related party 8,400 8,400
Total current assets 540,745 226,352
Property and equipment, net 692,302 744,405
Other assets:    
Intangible assets, net 51,516 36,325
Secured letter of credit 324,950 $ 324,950
Deposits on landfill acquisition 150,000  
Other deposits 8,750 $ 17,412
Total other assets 535,216 378,687
Total assets 1,768,263 1,349,444
Current liabilities:    
Accounts payable and accrued expenses 71,437 19,336
Current portion of capital lease obligations 23,098 21,228
Due to related party - accrued interest 26,080 22,308
Income taxes payable 95,986 32,242
Total current liabilities 216,601 95,114
Long-term liabilities:    
Capital lease obligations, net of current portion 116,024 128,060
Environmental remediation obligation 424,596 424,596
Loan from shareholder 704,547 756,337
Long term deferred tax liability 48,709 48,709
Total liabilities $ 1,510,477 $ 1,452,816
Commitments and Contingencies (see note 5)    
Stockholders' equity (deficit):    
Common stock, no pair value; 250,000,000 shares authorized, 61,000,000 and 47,500,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively    
Preferred stock, no par value; 10,000,000 shares authorized, 1 share and 0 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively    
Additional paid-in capital $ 12,054 $ 9,454
Common stock subscribed 255,442  
Accumulated deficit (9,710) $ (112,826)
Total stockholders' equity (deficit) 257,786 (103,372)
Total liabilities and stockholders' equiy (deficit) $ 1,768,263 $ 1,349,444