Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2015
Dec. 31, 2014
 [1]
Current assets:    
Cash $ 304,100 $ 229,200
Cash - restricted 147,800 213,800
Accounts receivable, net of allowance for doubtful accounts of $246,500 and $263,600, respectively 1,599,500 3,017,800
Costs and estimated earnings in excess of billings on uncompleted contracts 185,400 61,100
Prepaid expenses and other current assets 298,900 202,500
Total current assets 2,535,700 3,724,400
Property and equipment, net 5,160,800 4,848,800
Intangible assets, net 357,600 371,400
Other assets 53,600 52,500
TOTAL ASSETS 8,107,700 8,997,100
Current liabilities:    
Accounts payable 1,549,700 1,675,900
Accrued liabilities 688,400 925,700
Billings in excess of costs and estimated earnings on uncompleted contracts 466,400 308,500
Deferred revenue 833,100 456,600
Payroll taxes payable 959,100 947,700
Customer deposits 380,000 380,000
Current portion of notes payable and capital lease obligations 286,800 363,000
Notes payable - related parties, including accrued interest 48,300 73,800
Total current liabilities 5,211,800 5,131,200
Notes payable and capital lease obligations, net of current portion 157,600 60,900
Total liabilities $ 5,369,400 $ 5,192,100
Commitments and contingencies    
Stockholders' Equity:    
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued    
Common stock; $.001 par value; 70,000,000 shares authorized; 52,362,015 and 51,726,316 shares issued and outstanding 2015 and 2014, respectively $ 52,400 $ 51,700
Common stock subscribed 50,000 50,000
Additional paid-in capital 17,513,400 17,108,100
Stock subscription receivable (25,000) (25,000)
Accumulated deficit (13,699,700) (12,499,800)
Total stockholders' equity 3,891,100 4,685,000
Non-controlling interest (1,152,800) (880,000)
Total equity 2,738,300 3,805,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 8,107,700 $ 8,997,100
[1] These numbers were derived from the audited financial statements for the year ended December 31, 2014. See accompanying notes