Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 34,704 $ 191,544
Accounts receivable 10,160 211,195
Inventory 26,544 27,783
Other current assets 36,846 7,727
Current assets of discontinued operations 218,015 86,979
Total Current Assets 326,269 525,228
PROPERTY AND EQUIPMENT, NET 7,868 456,319
INTANGIBLE ASSETS, NET 3,482,498 3,727,724
Noncurrent assets of discontinued operations 0 13,377,936
Other noncurrent assets 2,626 5,744
TOTAL ASSETS 3,819,261 18,092,951
CURRENT LIABILITIES    
Accounts payable and accrued expenses 3,041,612 3,388,533
Accrued payroll and payroll taxes 1,380,155 1,231,519
Notes payable - current portion 1,369,856 1,337,089
Convertible notes payable 697,000 697,000
Derivative Liability 106,000 0
Current liabilities from discontinued operations 0 281,369
Total Current Liabilities 6,594,623 6,935,510
LONG-TERM LIABILITIES    
Accrued interest payable 455,029 253,742
Noncurrent liabilities from discontinued operations 0 19,124,134
Total Long Term Liabilities 455,029 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; 341,405,545 and 339,187,545 issued and outstanding, respectively 341,405 339,187
Additional paid-in capital 30,533,184 25,657,177
Accumulated deficit (34,210,969) (28,946,103)
Accumulated other comprehensive loss 105,976 (66,586)
Total Global Clean Energy Holdings, Inc. Stockholders' Deficit (3,230,391) (3,016,312)
Noncontrolling interests 0 (5,204,123)
Total Stockholders' Deficit (3,230,391) (8,220,435)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 3,819,261 $ 18,092,951