Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (11,080,241) $ (3,788,687)
Adjustment to reconcile net loss to net cash used in operating activities:    
Amortization of debt discounts 376,950 738,791
Loan default and standstill fees added to principal 300,157 0
Shares issued for services 842,980 728,633
Option expense 0 19,494
Loss on change in fair value of derivative liabilities 8,651,815 1,094,470
Changes in operating assets and liabilities:    
Accounts payable 226,559 216,564
Accrued expenses 404,846 681,229
Net Cash Used in Operating Activities (276,934) (309,506)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for construction in progress (873,026) (12,471)
Net Cash Used in Investing Activities (873,026) (12,471)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on debt 0 15,527
Borrowings on convertible debt, net of original issue discounts 1,886,000 292,000
Borrowings on related party debt 50,000 29,017
Payments on related party debt (47,200) (30,000)
Payments on debt and convertible debt (705,302) (20,000)
Net Cash Provided by Financing Activities 1,183,498 286,544
NET CHANGE IN CASH AND CASH EQUIVALENTS 35,537 (35,433)
CASH AND CASH EQUIVALENTS - beginning of period 1,130 35,642
CASH AND CASH EQUIVALENTS - end of period 34,667 209
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 0 19,775
Cash paid for income taxes 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued with debt 97,375 8,319
Common stock issued for conversion 50,000  
Reclassification of warrants as derivative liabilities 0 6,026
Resolution of derivative liabilities 0 656,622
Debt discounts due to derivative liabilities 1,867,258 565,080
Capitalized interest 75,334 0
Conversion of Debt and Interest [Member]    
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued for conversion 50,000 967,793
Conversion of Accrued Liabilities [Member]    
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued for conversion $ 0 $ 1,539,826