History and Basis of Presentation (Tables)
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12 Months Ended |
Dec. 31, 2012
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Tables/Schedules |
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Schedule of Condensed Balance Sheet |
GCE MEXICO I, LLC AND SUBSIDIARIES | CONSOLIDATED BALANCE SHEETS | | | December 31, | December 31, | | 2012 | 2011 | | | | | | | CURRENT ASSETS | $1,184,194 | $791,426 | PROPERTY AND EQUIPMENT, NET | 14,209,193 | 11,391,682 | DEFERRED GROWING COST | 3,378,990 | 2,780,871 | OTHER NONCURRENT ASSETS | 7,872 | 7,314 | | | | TOTAL ASSETS | $18,780,249 | $14,971,293 | | | | CURRENT LIABILITIES | $437,540 | $456,793 | | | | LONG-TERM LIABILITIES | 12,186,218 | 9,360,013 | | | | TOTAL LIABILITIES | $12,623,758 | $9,816,806 |
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Schedule of Earnings Per Share, Basic and Diluted |
| | For the Year ended December 31, | | | 2012 | | 2011 | Net Income | | $63,287 | | $271,136 | | | | | | Basic Weighted-Average Common Shares Outstanding | | 292,244,373 | | 277,120,926 | Effect of dilutive securities | | | | | Convertible preferred stock - Series B | | 11,818,181 | | 11,818,181 | Warrants | | 9,306,783 | | 16,146,608 | Options | | 5,593,018 | | 13,972,912 | Diluted Weighted-Average Common Shares Outstanding | 318,962,355 | | 319,058,627 | | | | | | Basic Income Per Common Share | | | | | Net Income | | 0.0002 | | 0.0010 | Diluted Income Per Common Share | | | | | Net Income | | 0.0002 | | 0.0008 |
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Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
| | December 31, | | | 2012 | | 2011 | | | | | | Convertible notes | | 18,900,000 | | 19,028,671 | Warrants | | 1,708,184 | | 1,708,184 | Compensation-based stock options and warrants | | 54,860,000 | | 28,395,500 | | | 75,468,184 | | 49,132,355 |
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