Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 165,165 $ 13,416
Advanced commissions 349,250 300,750
Prepaid expenses and other current assets 655,487 357,312
Total current assets 1,169,902 671,478
FIXED ASSETS    
EV charging stations, net of accumulated depreciation of $968,677 and $363,918, respectively 5,852,106 960,234
Automobiles, net of accumulated depreciation of $26,762 and $15,292 respectively 87,931 99,400
Office and computer equipment, net of accumulated depreciation of $42,550 and $26,604, respectively 55,963 36,717
Total fixed assets, net 5,996,000 1,096,351
DEPOSITS 42,265 42,265
INTANGIBLE ASSETS, net 4,022,727   
GOODWILL 2,725,235   
OTHER ASSETS 405,814 232,727
TOTAL ASSETS 14,361,943 2,042,821
CURRENT LIABILITIES    
Current portion of notes payable 324,164 12,105
Current portion of note payable related party 120,000   
Convertible note payable-related party, net of discount of $0 and $4,918    82
Convertible note, net of discount of $0 and $168,567 respectively 150,000 122,433
Accounts payable and accrued expenses 4,896,058 547,874
Accrued interest- related party    5
Stock subscription payable 525,000   
Warrants payable 187,000   
Current portion of deferred revenue 2,702,304 19,996
Current portion of deferred rent 11,633 9,731
Total current liabilities 8,916,159 712,226
DEFERRED REVENUE 798,932 34,747
DEFERRED RENT 14,441 20,445
NOTE PAYABLE 245,914 44,836
TOTAL LIABILITIES 9,975,446 812,254
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Common Stock, 500,000,000 shares authorized at $0.001 par value; 51,743,228 and 42,434,705 shares issued and outstanding as of June 30, 2013 and December 31, 2012, respectively 51,743 42,435
Additional paid-in capital 31,127,658 20,117,559
Deficit accumulated during development stage (26,803,904) (18,940,427)
TOTAL STOCKHOLDERS' EQUITY 4,386,497 1,230,567
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 14,361,943 2,042,821
Series A
    
STOCKHOLDERS' EQUITY    
Convertible Preferred Stock 10,000 10,000
Series B
    
STOCKHOLDERS' EQUITY    
Convertible Preferred Stock $ 1,000 $ 1,000