Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue $ 55,501 $ 111,328 $ 209,436 $ 99,552
Subsidy Income     465,586 272,000
Total Revenue 55,501 111,328 675,022 371,552
Operating Expenses        
General and administrative 624,910 518,665 1,252,377 1,089,194
Plantation operating costs 198,460 18,140 351,244 126,371
Total Operating Expenses 823,370 536,805 1,603,621 1,215,565
Loss from Operations (767,869) (425,477) (928,599) (844,013)
Other Income (Expenses)        
Other income 48 29 57 48
Interest expense (215,327) (124,272) (408,127) (264,068)
Gain on settlement of liabilities     514,473  
Foreign currency transaction gain (1,044)   (1,044) 2,440
Net Other Income (Loss) (216,323) (124,243) 105,359 (261,580)
Income (Loss) from Continuing Operations (984,192) (549,720) (823,240) (1,105,593)
Income (Loss) from Discontinued Operations 340 (9,421) (1,698) (32,214)
Net Income (Loss) (983,852) (559,141) (824,938) (1,137,807)
Less Net Loss Attributable to the Noncontrolling Interest (580,969) (310,232) (781,019) (684,422)
Net Income Loss attributable to Global Clean Energy Holdings, Inc. (402,883) (248,909) (43,919) (453,385)
Amounts attributable to Global Clean Energy Holdings, Inc. common shareholders:        
Income (Loss) from Continuing Operations (403,223) (239,488) (42,221) (421,171)
Income (Loss) from Discontinued Operations 340 (9,421) (1,698) (32,214)
Net Income (Loss) $ (402,883) $ (248,909) $ (43,919) $ (453,385)
Basic Income (Loss) per Common Share:        
Income (Loss) from Continuing Operations $ (0.0014) $ (0.0009) $ (0.0001) $ (0.0015)
Income (Loss) from Discontinued Operations $ 0.0000 $ 0.0000 $ 0.0000 $ (0.0001)
Net Income (Loss) per Common Share $ (0.0014) $ (0.0009) $ (0.0002) $ (0.0016)
Basic Weighted-Average Common Shares Outstanding 293,304,571 272,523,214 289,183,691 271,499,533
Diluted Income (Loss) per Common Share:        
Income (Loss) from Continuing Operations $ (0.0014) $ (0.0007) $ (0.0001) $ (0.0017)
Income (Loss) from Discontinued Operations $ 0.0000 $ 0.0000 $ 0.0000 $ (0.0001)
Net Income (Loss) per Common Share $ (0.0014) $ (0.0007) $ (0.0001) $ (0.0018)
Diluted Weighted-Average Common Shares Outstanding 293,304,571 272,523,214 312,701,359 271,499,533