Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating Activities    
Net Loss $ (477,131)us-gaap_ProfitLoss $ (698,218)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Foreign currency transaction gain   (85)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Gain on settlement of liabilities (270,323)fil_GcehGainOnSettlementOfLiabilities  
Share-based compensation 87,279us-gaap_ShareBasedCompensation 44,287us-gaap_ShareBasedCompensation
Depreciation and amortization 117,472us-gaap_DepreciationAndAmortization 128,726us-gaap_DepreciationAndAmortization
Amortization of debt discount 18,250us-gaap_AmortizationOfDebtDiscountPremium  
Change in fair value of derivative (8,000)us-gaap_DerivativeGainLossOnDerivativeNet  
Changes in operating assets and liabilities:    
Accounts receivable 200,330us-gaap_IncreaseDecreaseInAccountsReceivable 4,751us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory (2,569)us-gaap_IncreaseDecreaseInInventories (1,357)us-gaap_IncreaseDecreaseInInventories
Other current assets (38,761)us-gaap_IncreaseDecreaseInOtherCurrentAssets (25,824)us-gaap_IncreaseDecreaseInOtherCurrentAssets
Accounts payable and accrued expenses 270,963us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 216,153us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other noncurrent assets (87)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets 42,204us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Net Cash Used in Operating Activities (102,577)us-gaap_NetCashProvidedByUsedInOperatingActivities (289,363)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing Activities    
Plantation development costs (75,996)fil_GcehPlantationDevelopmentCosts (207,131)fil_GcehPlantationDevelopmentCosts
Net Cash Used in Investing Activities (75,996)us-gaap_NetCashProvidedByUsedInInvestingActivities (207,131)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing Activities    
Proceeds from issuance of preferred membership in GCE Mexico I, LLC 127,000us-gaap_ProceedsFromContributedCapital 432,137us-gaap_ProceedsFromContributedCapital
Proceeds from notes payable   130,000us-gaap_ProceedsFromNotesPayable
Payments on capital leases and notes payable   (12,264)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Net Cash Provided by Financing Activities 127,000us-gaap_NetCashProvidedByUsedInFinancingActivities 549,873us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash 4,037us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (4,597)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net change in Cash and Cash Equivalents (47,536)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 48,782us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents at Beginning of Period 238,485us-gaap_CashAndCashEquivalentsAtCarryingValue 216,531us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents at End of Period 190,949us-gaap_CashAndCashEquivalentsAtCarryingValue 265,313us-gaap_CashAndCashEquivalentsAtCarryingValue
Noncash Investing and Financing activities:    
Accrual of return on noncontrolling interest 669,486fil_GcehAccrualOfReturnOnNoncontrollingInterest 643,672fil_GcehAccrualOfReturnOnNoncontrollingInterest
Estimated fair value of derivative liability $ 73,000fil_EstimatedFairValueOfDerivativeLiability