Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 57,066 $ 13,416
Advanced commissions, net of an allowance of $350,000 and $0 19,000 300,750
Prepaid expenses and other current assets 632,638 357,312
Assets held for sale, net 2,596,281  
Total current assets 3,304,985 671,478
FIXED ASSETS    
EV charging stations, net of accumulated depreciation of $1,230,928 and $363,918, respectively 4,050,342 960,234
Automobiles, net of accumulated depreciation of $32,496 and $15,292 respectively 82,196 99,400
Office and computer equipment, net of accumulated depreciation of $58,646 and $26,604, respectively 41,044 36,717
Total fixed assets, net 4,173,582 1,096,351
Deposits 42,275 42,265
INTANGIBLE ASSETS, net 3,996,450   
GOODWILL 1,509,376   
Other assets 358,620 232,727
TOTAL ASSETS 13,385,288 2,042,821
CURRENT LIABILITIES    
Current portion of note payable 330,428 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 an allowance of $350,000 and $0    122,433
Accounts payable and accrued expenses 4,607,438 547,874
Accrued interest- related party    5
Warrants payable 309,000   
Current portion of deferred revenue 1,648,296 19,996
Current portion of deferred rent 12,757 9,731
Liabilities held for sale 2,922,564  
Total current liabilities 9,950,483 712,226
Deferred revenue 645,027 34,747
Deferred rent 10,503 20,445
NOTE PAYABLE 188,401 44,836
TOTAL LIABILITIES 10,794,414 812,254
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Common Stock, 500,000,000 shares authorized at $0.001 par value; 57,409,360 and 42,434,705 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively 57,409 42,435
Additional paid-in capital 40,546,159 20,117,559
Deficit accumulated during development stage (37,572,694) (18,940,427)
Treasury stock, at cost (450,000)   
TOTAL STOCKHOLDERS' EQUITY 2,590,874 1,230,567
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 13,385,288 2,042,821
Series A
    
STOCKHOLDERS' EQUITY    
Convertible Preferred Stock 10,000 10,000
Series B
    
STOCKHOLDERS' EQUITY    
Convertible Preferred Stock    $ 1,000