Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.4.0.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 2,256 $ 34,704
Accounts receivable 13,595 10,160
Inventory 25,921 26,544
Other current assets 36,230 36,846
Current assets of discontinued operations 63,919 218,015
Total Current Assets 141,921 326,269
PROPERTY AND EQUIPMENT, NET 7,094 7,868
INTANGIBLE ASSETS, NET $ 3,421,191 $ 3,482,498
Noncurrent assets of discontinued operations
Other noncurrent assets $ 2,626 $ 2,626
TOTAL ASSETS 3,572,832 3,819,261
CURRENT LIABILITIES    
Accounts payable and accrued expenses 3,060,695 3,041,612
Accrued payroll and payroll taxes $ 1,435,216 $ 1,380,155
Deferred revenue
Accrued interest payable $ 528,573 $ 455,029
Notes payable 1,369,856 1,369,856
Convertible notes payable 697,000 697,000
Derivative Liability $ 106,000 $ 106,000
Current liabilities from discontinued operations
Total Current Liabilities $ 7,197,340 $ 7,049,652
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; 341,405,545 issued and outstanding 341,405 341,405
Additional paid-in capital 30,559,890 30,533,184
Accumulated deficit (34,629,719) (34,210,969)
Accumulated other comprehensive gain (loss) 103,903 105,976
Total Global Clean Energy Holdings, Inc. Stockholders' Deficit (3,624,508) (3,230,391)
Total Stockholders' Deficit (3,624,508) (3,230,391)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 3,572,832 $ 3,819,261