Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 240,319 $ 238,485
Accounts receivable 40,398 213,962
Inventory 36,197 35,201
Other current assets 42,234 37,580
Total Current Assets 359,148 525,228
PROPERTY AND EQUIPMENT, NET 13,210,193 13,834,255
INTANGIBLE ASSETS, NET 3,605,111 3,727,724
OTHER NONCURRENT ASSETS 5,566 5,744
TOTAL ASSETS 17,180,018 18,092,951
CURRENT LIABILITIES    
Accounts payable and accrued expenses 3,325,172 3,651,606
Accrued payroll and payroll taxes 1,307,425 1,249,815
Notes payable - current portion 1,337,089 1,337,089
Convertible notes payable, net of debt discount 657,500 697,000
Derivative Liability 61,000 0
Total Current Liabilities 6,688,186 6,935,510
LONG-TERM LIABILITIES    
Accrued interest payable 4,743,068 4,166,607
Accrued return on noncontrolling interest 11,450,293 10,101,080
Mortgage notes payable 5,110,189 5,110,189
Total Long Term Liabilities 21,303,550 19,377,876
STOCKHOLDERS' DEFICIT    
Preferred stock - $0.001 par value; 50,000,000 shares authorized Series B, convertible; 13,000 shares issued and outstanding(aggregate liquidation preference of $1,300,000) 13 13
Common stock, $0.001 par value; 500,000,000 shares authorized; 339,187,545 issued and outstanding 339,187 339,187
Additional paid-in capital 25,771,297 25,657,177
Accumulated deficit (29,282,852) (28,946,103)
Accumulated other comprehensive loss (74,612) (66,586)
Total Global Clean Energy Holdings, Inc. Stockholders' Deficit (3,246,967) (3,016,312)
Noncontrolling interests (7,564,751) (5,204,123)
Total Stockholders' Deficit (10,811,718) (8,220,435)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 17,180,018 $ 18,092,951