0001511164-18-000234.txt : 20180416 0001511164-18-000234.hdr.sgml : 20180416 20180416153403 ACCESSION NUMBER: 0001511164-18-000234 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 70 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180416 DATE AS OF CHANGE: 20180416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREENKRAFT, INC. CENTRAL INDEX KEY: 0001398529 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 208767728 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53047 FILM NUMBER: 18756552 BUSINESS ADDRESS: STREET 1: 2530 S. BIRCH STREET CITY: SANTA ANA STATE: CA ZIP: 92797 BUSINESS PHONE: 714-545-7777 MAIL ADDRESS: STREET 1: 2530 S. BIRCH STREET CITY: SANTA ANA STATE: CA ZIP: 92797 FORMER COMPANY: FORMER CONFORMED NAME: Sunrise Global Inc. DATE OF NAME CHANGE: 20070504 10-K 1 greenkraft10-kdraftv4revised.htm FORM 10-K Converted by EDGARwiz

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-K

 

þ ANNUAL REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


For the fiscal year ended December 31, 2017

 

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from ___________ to ___________.

 

Commission file number 000-30291

  

GREENKRAFT, INC.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

 

Nevada

 

20-8767728

(State or Other Jurisdiction of Incorporation of Organization)

 

(I.R.S. Employer Identification No.)

 

2530 S. Birch Street

Santa Ana, California 92707

(Address of principal executive offices)

 

(714) 545-7777

(Registrant’s telephone number, including area code)

 

Securities registered under Section 12(b) of the Exchange Act: None

Securities registered under Section 12(g) of the Exchange Act: Common Stock, $0.001 par value


Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes o     No þ


Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes o       No þ


Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days Yes þ    No o



1





Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files) Yes þ    No o


Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definition of large accelerated filer and accelerated filer” and smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one):


Large accelerated filer o Accelerated filer o Non-accelerated filer oEmerging growth reporting company þ Smaller reporting Company o


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act) yes o No þ


As of June 30, 2017, which was the last business day of the registrant’s most recent second fiscal quarter, the aggregate market value of the registrant’s Common Stock held by non-affiliates of the registrant was $9,279,244.62 based on our closing price of $0.09 per share.  For the purposes of the foregoing calculation only, all directors, executive officers, related parties and holders of more than 10% of the issued and outstanding common stock of the registrant have been deemed affiliates.


As of April 16, 2018 the registrant’s outstanding stock consisted of 103,102,718 common shares.




2





GREENKRAFT, INC.


Form 10-K


TABLE OF CONTENTS


 

 

 

 

PART I

                                                                             Page                                       

 

Item 1.

Description of Business

4

Item 1A.

Risk Factors

12

Item 1B.

Unresolved Staff Comments

12

Item 2.

Properties

12

Item 3.

Legal Proceedings

12

Item 4.

Mine Safety Disclosures

12

 

 

 

PART II

 

 

 

 

 

Item 5.

Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities

12

Item 6.

Selected Financial Data

13

Item 7.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

14

Item 8.

Financial Statements and Supplementary Data

17

Item 9.

Changes in and Disagreements with Accountant on Accounting and Financial Disclosure

18

Item 9A.

Controls and Procedures

18

Item 9B.

Other Information

20

 

 

 

PART III

 

 

 

 

 

Item 10.

Directors, Executive Officers and Corporate Governance

21

Item 11.

Executive Compensation

25

Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

26

Item 13.

Certain Relationships and Related Transactions, and Director Independence

27

Item 14.

Principal Accountant Fees and Services

27

 

 

 

PART IV

 

 

 

 

 

Item 15.

Exhibits, Financial Statements Schedules

28

 

 

 



3




PART I


ITEM 1.  DESCRIPTION OF BUSINESS

 

Forward-looking Statements

 

This annual report contains forward-looking statements.  These statements relate to future events or our future financial performance.  In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology.  These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

 

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Except as required by applicable laws, including the securities laws of the United States, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results.

 

As used in this annual report, the terms "we", "us", "our", “the Company”, and "Greenkraft" mean Greenkraft, Inc., unless otherwise indicated.

 

All dollar amounts refer to US dollars unless otherwise indicated.

 

Overview

 We were incorporated on September 27, 2006 in Nevada as Sunrise Global, Inc.  Until closing of the Acquisition of Greenkraft on December 6, 2013 (as described below), we were a recycled industrial waste resale company.  On December 27, 2013, we changed our corporate name to Greenkraft, Inc. from Sunrise Global, Inc., which name change reflects our acquisition of Greenkraft resulting in us now conducting Greenkraft’s business. Concurrent with the name change, we effectuated a 2-for-1 forward split, also effective December 27, 2013. .


We are a manufacturer and distributor of automotive products. We manufacture commercial forward trucks for vehicle classes 4, 5, 6, and 7 (GVW ranging from 14,001 lbs. to 33,000 lbs.) in alternative fuels. We also manufacture and sell alternative fuel systems to convert petroleum based fuels to natural gas and propane fuels.


Our executive offices are located at 2530 S. Birch Street, Santa Ana, CA 92707. Our telephone number is (714) 545-7777 and our Internet address is www.greenkraftinc.com.



4




Acquisition of Greenkraft, Inc.

 

On December 5, 2013, we entered into a Share Exchange Agreement (the “Purchase Agreement”) with the sole stockholder (the “Stockholder”) of Greenkraft, Inc., a California corporation (“Greenkraft”), pursuant to which, on December 6, 2013 (the “Closing Date”), we issued 83,000,000 shares of our common stock to the Stockholder in consideration of the Stockholder’s transfer of all of his Greenkraft shares to our wholly-owned acquisition subsidiary, Greenkraft, Inc, a Nevada corporation (the “Acquisition Subsidiary)., at which time Greenkraft became Acquisition Subsidiary’s  wholly owned subsidiary (the “Acquisition”).

 

Prior to the Acquisition, Greenkraft was our controlling stockholder, owning approximately 68% of our common stock which it purchased in May 2014.  In addition, George Gemayel, Greenkraft’s sole shareholder, president and director, was appointed as our president and sole director in connection with their purchase of the controlling interest in May 2013.  

 

As a condition to the closing of the Acquisition, on the Closing Date, 4,600,000 sharesof our issued and outstanding common stock previously held by Greenkraft were cancelled pursuant to the terms of the Purchase Agreement (the “Cancelled Shares”).


Following the Acquisition, we now conduct operations through our wholly-owned subsidiary, Greenkraft.


Industry Overview


The combination of environmental pressures, regulations, and alternative fuel vehicle initiatives has resulted in the transportation industry offering environmentally friendly, fuel-efficient vehicles.  Currently automotive manufacturers are actively engaged in the competitive pursuit of innovative, clean, alternative fuel vehicles – particularly as they strive to meet new emissions rules and contribute to reducing greenhouse gases. These alternative fuel vehicles can provide needed performance, sustained mobility, and immediate emissions reductions in the industry.  Compressed natural gas (CNG) and liquefied petroleum gas (LPG) are abundantly available in the US, and a growing network of fueling stations exists in California. Light- and medium-duty service trucks are utilized by a growing business sector.  Developing these vehicles to run on CNG, LPG, and electric will offer a cleaner fuel choice for these business operators without sacrificing availability, safety, or convenience.


Natural gas powers about 112,000 vehicles in the United State and roughly 14.8 million vehicles worldwide.  Natural gas vehicles which can run on compressed natural gas are good choices for high mileage centrally fueled fleets which operate within a limited area. For vehicles needing to travel long distances, liquefied natural gas is a good choice. CNG and LNG are considered alternative fuels under the Energy Policy Act of 1992.


Today’s fleets are increasingly interested in medium and heavy duty vehicles that use alternative fuels or advanced technologies that can help reduce operating costs, meet emission requirements and support US energy independence. Vehicle and engine manufacturers are responding to this interest with a wide range of options across a steadily growing number of vehicle applications.

 



5




In the absence of federal legislation, individual states have initiated and passed bills to provide incentives to encourage the use of domestic energy sources such as natural gas. Texas Senate Bills 20 and 385 have been passed and authorize funding for approximately. $16 million for natural gas vehicle rebates, which includes converting heavy-duty fleet vehicles to natural gas, and $4 million per year for the next two years for the establishment of natural gas stations between the cities of Dallas, San Antonio and Houston. California, through the California Energy Commission CEC with funds through Assembly Bill 118, has established the Natural Gas Vehicle Buy-Down Program, a rebate program to incentivize the deployment of natural gas and propane vehicles in all weight classes in California.  


Our Principal Products and Services


We currently offer three main products and services at this time:


1.

Commercial forward cabin trucks that run on alternative fuels such as compressed natural gas (CNG) or liquefied propane gas (LPG)


2.

Conversion of existing vehicles to run on alternative fuels such as CNG, or LPG.


3.

Alternative fuel engines


Commercial Forward Cab Trucks with Alternative Fuels


We currently offer commercial trucks (Classes 4, 5, 6, 7) with dedicated natural gas and propane fuel system for 6.0 liter Greenkraft/General Motor (GM) engines for 14,000 lbs. and above gross vehicle weight rating (GVWR) trucks and custom chassis manufacturers. We offer a range of Class 4-7 cab-forward trucks based on chassis from JAC, China’s Anhui Jianghuai Automobile Company. We then install 6.0-liter GM engines and our CNG or LPG fuel systems and  for CNG we add Quantum Technologies’ tanks in the vehicle. The CNG fuel systems are assembled by Greenkraft using parts manufactured by various suppliers.  The chassis and cabin are imported from overseas and the powertrain is assembled in the chassis.  Prior to order of the chassis, we provided specific design specifications to JAC to ensure that the chassis comply with US guidelines and specifications.  We have received California Air Resources Board (CARB) and U.S. Environmental Protection Agency (EPA) certification of 2016 and 2017 dedicated-compressed natural gas fuel systems for its 6.0-liter GM engines for 14,000 lbs. and above GVWR trucks.   We use our strategic partner, CEE, LLC for the testing of its engines prior to applying for the CARB and EPA certifications referred to above.  In addition, we used CEE, LLC and G&K Automotive, another strategic partner, in connection with research and development activities.  See “—Strategic Partners” below.


Customers


Our customers include Ryder, Superior Transportation, AR Natural Gas Fueling systems, Propane distribution companies, dealers and others.



6





Funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC) and the Mobile Source for Pollution Reduction Review Committee.  The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR.  These funds are paid directly to us and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue.  We have received $2,024,0004 million from the CEC related to the sale of CNG and propane trucks.


In addition, we have dealer relationships with each of (i) Superior Transportation for sales of CNG and LPG vehicles in Texas (ii) A.R. Natural Gas Fueling Systems for sales of our CNG vehicles in Pennsylvania, (iii) Demary Trucks, (iv) Taylor Trucks in Indiana, and (v) AZ commercial trucks in Arizona, We are adding new dealers in 2018. We have had discussions with other dealers throughout the United States and intend to enter into formal relationships with these dealers upon completion and assembly of additional truck inventory.  There is no guarantee that we will enter into additional contracts or formal relationships with its current customers and additional dealers.


Convert Vehicles for Alternative Fuels


In addition to our offering of new commercial trucks in alternative fuels, we can convert other existing vehicles (such as vehicles manufactured by Ford or GM that do not currently run on alternative fuels) to allow engines to run on CNG or LPG instead of gas or diesel. We have converted vehicles for other dealers including, without limitation, Tom’s Truck Center, Borhner Trucks, Rush Trucks and Rentals, RWC group, Reynolds, and Thorson Motors.  


Suppliers


We have supplier relationships with each of Anhui Jianghuai Automobile Company (JAC Motors), General Motors and Quantum Technologies for supply of the chassis, engine and CNG tanks, respectively.


Anhui Jianghuai Automobile Company (JAC Motors)—Chassis


In October 2012, Greenkraft entered into an agreement with JAC Motors, a Chinese Truck Chassis Manufacturer for the supply of its chassis and cabins.  Greenkraft is entitled to use the JAC brand name for manufacturing and distribution of its trucks.  The Agreement is for a term of 5-years and was renewed for an additional 5-years.

Greenkraft has relationships with other chassis suppliers.  In the event that its relationship with JAC Motors is terminated, Greenkraft is confident that it could procure a relationship with an alternative chassis supplier on commercially reasonable terms.



7





General Motors (GM)—Engines/Power Trains


In October 2011, Greenkraft entered into an agreement with GM under which Greenkraft will have access to GM motors and power trains for insertion into their alternative fuel trucks.  The agreement is for a 3-year term and is renewable every three years. The current agreement is until December 31, 2020.  Greenkraft has relationships with other suppliers of engines and power trains.  In the event that Greenkraft’s agreement with GM is terminated, it is confident that it could execute agreements with other suppliers for its engines on commercially reasonable terms.


Quantum Technologies—CNG tanks and tank assemblies


In December 2012, Greenkraft entered into $2.5 million purchase order and summary of terms with Quantum Fuel Systems, Inc. under which Quantum agreed to supply Greenkraft with 250 Type 4 30 GGE CNG cylinder tanks including assembly. Greenkraft would be placing orders as needed for its trucks and conversions. Greenkraft would continue placing purchase orders up to the 250 tank packages.  


Greenkraft obtains most components for the alternative fuel trucks from various suppliers as discussed above.  In addition, the fuel systems are put together with different components from various suppliers.  All components are either procured from suppliers or made specifically by suppliers for Greenkraft.  Greenkraft does design certain components and brackets for use in its alternative fuel trucks and conversion systems and then contracts suppliers to make these items based on Greenkraft’s design and specification.


Strategic Partners


We have a strategic relationship with CEE, LLC, an emission laboratory of which George Gemayel is the managing member.  CEE, LLC is recognized by EPA and CARB and has certified vehicles for over 30 years.  Greenkraft will continue to use CEE for testing of its engines to ensure CARB and EPA compliance.


We also work with an automotive technical division in the automotive safety compliance industry called G&K Automotive Conversion Inc. (“G&K”).  G&K is a California based company founded in 1982 to modify and certify foreign motor vehicles to meet the stringent vehicle safety and emission standards of the United States. G&K is certified as a Registered Importer (“RI”) by the Department of Transportation (“DOT”) and is certified as an Independent Commercial Importer (“ICI”) by the Environmental Protection Agency (“EPA”). G&K is also recognized by the California Air Resources board (“CARB”) as an approved motor vehicle modifier.  G&K is able to provide DOT, EPA, and CARB certification services at a full-service state-of-the-art facility in Santa Ana, California.  Mr. George Gemayel is the president and controlling shareholder of G&K.  We do not have a written agreement with G&K governing this relationship.



8




Sales Distribution Strategy


As discussed above, we already have distribution agreements in place with each of (i) Superior Transportation for sales of CNG and LPG vehicles in Texas and (ii) A.R. Natural Gas Fueling Systems for sales of our CNG vehicles in Pennsylvania, (iii) Demary Trucks Ohio, (iv) Taylor trucks in Indiana, and (v) AZ commercial trucks in Arizona. In the event that our relationship with any of these dealers terminated, we have relationships with other dealers that we can activate and believe we could enter into additional agreements on commercially reasonable terms. We intend to enter into distribution agreements with other dealers for other territories in the United States. We already had discussions with distributors in New York, New Jersey, California and Oregon for formal distribution relationships, which we intend to formalize upon reaching a critical mass of inventory of our alternative fuel trucks.  We believe partnering with dealers for distribution of its trucks will have certain advantages such as, experienced trained sales force, service network, and existing customer base and should also serve to reduce marketing costs.

 

Employees

 

As of December 31, 2017, we have 8 employees.

 

Intellectual Property

 

We believe that intellectual property protection will be important to our ability to successfully compete in the alternative fuel truck industry. We currently own all rights and patents associated with the Invention “LPG Fuel System” described under Application Number 61908022. This invention relates to the conversion of vehicles to run on LPG. We are currently in the process of recording a formal notice of assignment related to this invention with the United States Patent and Trademark Office.


We intend to rely on a combination of trademark, copyright, certifications and trade secret laws and disclosure restrictions to protect our intellectual property rights. We intend to maintain a policy requiring our employees, consultants and other third parties to enter into confidentiality and proprietary rights agreements and to control access to software, documentation and other proprietary information.

  

We will enter into confidentiality and invention assignment agreements with our employees and contractors, and nondisclosure agreements with parties with whom we conduct business in order to limit access to and disclosure of our proprietary information.

 

We will aggressively protect our intellectual property rights by relying on federal, state and common law rights, as well as a variety of administrative procedures. We will pursue the registration of our trademarks, copyrights, and domain names in the U.S. and international jurisdictions.

 

The steps we have taken to protect our intellectual property rights may not be adequate. Third parties may infringe or misappropriate our proprietary rights. Competitors may also independently develop technologies that are substantially equivalent or superior to the technologies we employ in our services.  Failure to protect our proprietary rights adequately could significantly harm our competitive position and results of operations.

 



9





Governmental Programs, Incentives and Regulations


California Energy Commission (CEC)


The California Energy Commission was providing buy-downs related to the purchase of alternative fuel trucks to cover the incremental cost of purchasing alternative fuel vehicles.  Greenkraft received $2,024,000 from the CEC of which (i) $400,000 was applied to the buy-down of 20 CNG vehicles; (ii) $340,000 was applied to the buy down of 17 CNG vehicles (iii) $400,000 was applied to the buy down of 40 propane vehicles of 14,500 lbs and $884,000 was applied to large CNG vehicles.  These amounts were recognized as deferred revenue. These amounts were to be used per truck.  Several incentives were received and revenues were recognized.  From the amounts received $1.284 million was in the company’s books as deferred income.  In 3rd quarter the company agreed to return these amounts because of the age of the incentives and apply for new ones.  Therefore, the company has converted this amount from deferred income to debt and once new incentives are received the company will apply the new incentives as income per vehicle once the vehicles are sold.  The Company will return the funds to the CEC at a rate of $20,000 per month.  

 

California Alternative Energy and Advanced Transportation Financing Authority Tax Incentives

 

We intend to apply for an arrangement with the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) that could result in an exemption from California state sales and use taxes for sale of our trucks.

 

Regulatory Credits

 

In connection with the delivery and placement into service of our alternative fuel vehicles in the United States, we may be able to earn various tradable regulatory credits that can be sold to other manufacturers.

 

Under the Environmental Protection Agency’s (EPA) national greenhouse gas (GHG) emission standards, vehicle manufacturers are required to meet fleet-wide average carbon dioxide emissions standards for cars and trucks at increasingly lower levels annually from 2012 – 2025. Those manufacturers whose fleet wide average fails to meet such standards have a deficit in their emission profile. Those manufacturers whose fleet wide average performs better than such standards may earn credits. Manufacturers may sell excess credits to other manufacturers who can apply such credits to comply with these regulatory requirements.  As a manufacturer if we earn GHG credits established by this standard we may enter into contracts for the sale of credits with several automotive manufacturers, if and when such credits are earned by us.

 



10





Regulation—EPA Emissions & Certificate of Conformity

 

Our products are sold to commercial users.  Our alternative fuel engines are subject to approval for the U.S. EPA as well as state agencies such as the CARB.  We have received Certificates of Conformity from the EPA and Executive Order from CARB for our natural gas and propane fuel engines that go into vehicles (in excess of 14,000 lbs.) We have received certificates for the past few years for the following engines GM 4.8 liter, 6.0 liter, 8.0 liter and Ford 6.8 liter.  


Competition

 

Competition in the automotive industry is intense and evolving. We believe the impact of new regulatory requirements for vehicle emissions, technological advances in powertrain and shifting customer needs and expectations are causing the industry to evolve in the direction of alternative fuel vehicles. We believe the primary competitive factors in our markets include but are not limited to:


·

product quality and safety;

·

service options;

·

product performance;

·

product price; and

·

manufacturing efficiency.


The worldwide automotive market, particularly for alternative fuel vehicles, is highly competitive today and we expect it will become even more so in the future.


Most of our current and potential competitors have significantly greater financial, technical, manufacturing, marketing and other resources than we do and may be able to devote greater resources to the design, development, manufacturing, distribution, promotion, sale and support of their products.  Virtually all of our competitors have more extensive customer bases and broader customer and industry relationships than we do.  In addition, almost all of these companies have longer operating histories and greater name recognition than we do.  Our competitors may be in a stronger position to respond quickly to new technologies and may be able to design, develop, market and sell their products more effectively.



11





ITEM 1A.  RISK FACTORS


Not required.


ITEM 1B.  UNRESOLVED STAFF COMMENTS


None.


ITEM 2.  PROPERTIES


Our corporate headquarters are located at 2530 S. Birch Street, Santa Ana, CA 92707 and our telephone number is (714) 545-7777. The property where our corporate offices are located is owned by First Standard Real Estate LLC, an entity which is controlled by our President George Gemayel.  We have a lease agreement with First Standard Real Estate, LLC, which lease a portion of the building as 20,000 square feet of garage area at a rate of $10,000 per month for a term of 5 years with one month free.  The property at our headquarters has space for expansion that Greenkraft may use in the future.  We had a lease for approximately 51,942 square feet of office and warehouse space at a rate of $27,500 per month with First Warner Properties, LLC, an entity controlled by our President George Gemayel in 2016. The lease was modified to a lower rate of $17,500 in 2017. In mid 2017 the lease was terminated.


ITEM 3.  LEGAL PROCEEDINGS


We know of no material pending or active legal proceedings to which we are a party or concerning any of our properties.  We are not aware of any legal proceedings contemplated by any governmental authority against us.


ITEM 4.  MINE SAFETY DISCLOSURES

 

Not applicable.


PART II

  

ITEM 5.  MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 

Market Information


There is a limited public market for our common shares. Our common shares are quoted on the OTCQB Sheets under the symbol “GKIT”. Trading in stocks quoted on the OTCQB is often thin and is characterized by wide fluctuations in trading prices due to many factors that may be unrelated to a company’s operations or business prospects.  We cannot assure you that there will be a market in the future for our common stock.



12





OTCQB securities are not listed or traded on the floor of an organized national or regional stock exchange. Instead, OTCQB securities transactions are conducted through a telephone and computer network connecting dealers in stocks. OTCQB issuers are traditionally smaller companies that do not meet the financial and other listing requirements of a regional or national stock exchange.


Number of Holders


As of December 31, 2017, we had approximately 94 shareholders of record of our common stock.


Dividend Policy


We have not declared any cash dividends on our common stock since our inception and do not anticipate paying such dividends in the foreseeable future. We plan to retain any future earnings for use in our business.  Any decisions as to future payments of dividends will depend on our earnings and financial position and such other facts, as the Board of Directors deems relevant.


Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities


An amount originally in Accounts payable was converted to promissory note that was issued in the aggregate amount of $15,000 in October 2015 for the marketing and advertising services received in 2016. During the quarter ended March 31, 2016, the Company re-classed the balance from accounts payable to notes payable. The term of the notes is due on demand. Simple interest of 1% is payable upon demand. Prior to maturity the notes may be converted for common stock at a conversion price of $0.001. On April 22, 2016, the holder of convertible note converted $7,500 of convertible note payable to 7,500,000 common shares.


Equity Compensation Plan Information


We do not have in effect any compensation plans under which our equity securities are authorized for issuance and we do not have any outstanding stock options.


Purchase of Equity Securities by the Issuer and Affiliated Purchasers


We did not purchase any of our shares of common stock or other securities during our fourth quarter of our fiscal year ended December 31, 2017.


ITEM 6.  SELECTED FINANCIAL DATA


Not applicable.



13




ITEM 7.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

Safe Harbor

 

This Annual Report on Form 10-K contains forward-looking statements that involve risks and uncertainties.  These statements relate to future events or our future financial performance.  In some cases, you can identify forward-looking statements by terminology including, "could" "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology.  These statements are only predictions.  Actual events or results may differ materially.

 

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this Annual Report.


Overview


RESULTS OF OPERATIONS


Working Capital


 

 

 

 

 

 

 

 Year ended

 

Year ended

  

 

December  31,

 

December 31,

  

 

2017

 

2016

Current Assets

 

$

2,027,386

 

$

1,781,735 

Current Liabilities

 

1,060,870

 

4,842,865 

Working Capital (Deficit)

 

966,516

 

(3,061,130)


Cash Flows 

 

 

 

 

  

 

Year ended December 31, 2017

 

Year ended
December 31,
2016

 

 

 

 

 

Cash Flows Provided by (Used in) Operating Activities

    

$

(360,739)

 

$

(1,389,872)

Cash Flows Provided by (Used in) Investing Activities

 

 

1,506,152 

Cash Flows Used in Financing Activities

 

 

(1,998,850)

Net Increase (Decrease) in Cash During Period

 

(360,739)

 

(1,882,570)


Operating Revenues


During the year ended December 31, 2017 we earned revenues of $1,153,429 compared to revenues of $846,957 at the year ended December 31, 2016.



14





Operating Expenses and Net Loss


During the year ended December 31, 2017, we incurred operating expenses of $1,420,196 compared with operating expenses of $935,968 during the year ended December 31, 2016. The reason for the increase is due to company has share compensation expense of $867,100.  


For the year ended December 31, 2017, we incurred a loss from operations of $1,031,877 compared with a net loss of $792,962 for the year ended December 31, 2016.


Liquidity and Capital Resources


As at December 31, 2017, we had a cash and cash equivalents balance of $18,339 and total assets of $2,027,386 compared with $ $379,078 of cash and total assets of $2,394,577 as at December 31, 2016. The decrease in cash was due to the line of credit and accounts payable being paid off in 2017.


As at December 31, 2017, we had total liabilities of $4,711,120 compared with total liabilities of $4,850,865 at December 31, 2016.  The decrease in total liabilities was due to the line of credit and accounts payable being paid off in 2017.


As at December 31, 2017, we had a working capital deficit of $966,516 compared with a working capital deficit of $3,061,130 as at December 31, 2016.   


Cash flow from Operating Activities


During the year ended December 31, 2017, the cash used by operating activities total $360,739 compared to the cash provided by total $1,389,872 during the year ended December 31, 2016. The cash was primarily used to pay out accounts payable in 2017 related to the inventory purchase for the e-vehicle project.

 

Cash flow from Investing Activities


During the year ended December 31, 2017, the cash provided by investing activities total $0 compared to the cash used in total $1,506,152 during the year ended December 31, 2016. Annual amounts primarily consist of capital expenditures to support our manufacturing efforts. Also included in investing cash flows for the years ended December 31, 2017 and 2016, are $0 and $1.5 million, respectively, related to changes in restricted cash to support collateral requirements for our line of credit facility.


Cash flow from Financing Activities


During the year ended December 31, 2017, the cash used by financing activities total $0 compared with total $1,998,850 during the year ended December 31, 2016. The 2017 result is due to an offset by $1,998,850 in repayment under the line of credit facility.



15





Liquidity


The accompanying financial statements have been prepared in accordance to FASB Subtopic 205-40, Presentation of Financial Statements—Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). Greenkraft’s management evaluated the current financial situation of the company and believes the company has no going concern within one year.


During the year ended December 31, 2017, the Company incurred a loss from continuing operation of $1,031,794 and a net loss $1,031,877, and the stockholders’ deficit was $2,621,065 and the working capital deficit was $966,516. The working capital deficit have been majority funded by accounts payable to its related parties and related party debt.  Based on the financial support letter from the CEO of Greenkraft, he and his related party entities, has no present or future plans or intentions to (A) liquidate Greenkraft, Inc.; (B) sell or otherwise dispose of all, or a significant portion of, its investment in the Company or otherwise change its capital structure; (C) discontinue providing financial support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues. Based on the cash burn calculation, the Company is expected to have sufficient cash flow to cover the normal business operations for the twelve months-ended December 31, 2018. for the next 12 months following this filing, the Company will continue to receive sales orders, recognize revenue by selling the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligation as they become due.


Management believes they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers’ contracts and delivering alternative fuel trucks to them; (b) reclassify accounts payable- related parties and related parties’ debt as non- current liabilities in amount of $816,334 and $1,901,916, respectively, which is related to the financial support letter from the CEO,  and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on terms acceptable to the Company.


The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.


Off-Balance Sheet Arrangements

 

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.



16





ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 

 

 

GREENKRAFT, INC.


Index to Financial Statements




Report of Independent Registered Public Accounting Firm

F-1

 

 

Report of Independent Registered Public Accounting Firm

F-2

 

 

Balance Sheets as of December 31, 2017 and 2016

F-3

 

 

Statements of Operations for the years ended December 31, 2017 and 2016

F-4

 

 

Statements of Changes in Stockholders’ Deficit for the years ended December 31, 2017 and 2016

F-5

 

 

Statements of Cash Flows for the years ended December 31, 2017 and 2016  

F-6

 

 

Notes to the Financial Statements

F-7





17




[greenkraft10kdraftv4revis2.gif]

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors and Shareholders of Greenkraft, Inc.


Opinion on the Financial Statements

We have audited the accompanying balance sheet of Greenkraft, Inc. (“the Company”) as of December 31, 2017, and the related statements of operations, changes in stockholders’ deficit, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2017, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America.


Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.


/s/ Fruci & Associates II, PLLC

Fruci & Associates II, PLLC


We have served as the Company’s auditor since 2018.


Spokane, Washington

April 16, 2018

 




F-1




REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



To the Board of Directors and Shareholders of

Greenkraft, Inc.


Santa Ana, California


We have audited the accompanying balance sheet of Greenkraft, Inc. (the “Company”) as of December 31, 2016, and the related statement of operations, stockholders’ deficit, and cash flow for the year ended December 31, 2016. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audit.


We conducted our audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.


In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2016, and the related result of its operations and its cash flow for the year ended December 31, 2016, in conformity with accounting principles generally accepted in the United States of America.


/s/ Simon & Edward, LLP

Diamond Bar

May 1, 2017




F-2







GREENKRAFT, INC.

BALANCE SHEET

12/31/2017

 

 

 As of

 

As of

 

 

12/31/2017

 

12/31/16

Assets

 

 

 

 

Current Assets

 

 

 

 

     Cash

 

$

18,339 

 

$

379,078 

Cash restricted

 

 

 Accounts receivable, net of allowance for doubtful account of $0

 

3,600 

 

47,791 

 Inventories, net

 

1,496,082 

 

1,354,866 

Prepaid Inventory

 

509,365 

 

Total Current Assets

 

2,027,386 

 

1,781,735 

 

 

 

 

 

 Inventories long term, net

 

 

539,229 

 Property and equipment, net

 

62,669 

 

73,613 

Total Non- Current Assets

 

62,669 

 

612,842 

 

 

 

 

 

Total Assets

 

$

2,090,055 

 

$

2,394,577 

 

 

 

 

 

Liabilities and Stockholders' Deficit

 

 

 

 

Current Liabilities

 

 

 

 

     Accounts payable

 

$

23,325 

 

$

85,745 

     Accounts payable - related party

 

130,000 

 

846,334 

 Accrued liabilities

 

108,219 

 

139,743 

 Deferred income

 

475,995 

 

1,785,295 

 Convertible notes payable

 

7,500 

 

7,500 

 Other liabilities

 

75,000 

 

75,000 

Line of credit

 

 

 Related party debt

 

 

1,901,916 

 Short term debt

 

240,000 

 

 Deferred rent- current

 

831 

 

1,332 

Total Current Liabilities

 

1,060,870 

 

4,842,865 

 

 

 

 

 

Non-Current Liabilities

 

 

 

 

Deferred rent - net of current

 

8,000 

 

8,000 

Long term payable - related party Defiance

 

285,389 

 

Long term payable - related party FWP

 

525,000 

 

Long term payable - related party CEE

 

5,945 

 

Long term loan - related party

 

1,901,916 

 

Long term debt CEC

 

924,000 

 

Total Non-Current Liabilities

 

3,650,250 

 

8,000 

 

 

 

 

 

Total Liabilities

 

4,711,120 

 

4,850,865 

 

 

 

 

 

Commitments and Contingencies

 

 

Shareholders' Deficit

 

 

 

 

   Common Stock, 400,000,000 shares authorized, 103,102, 718 and 96,432,718 shares issued and outstanding, respectively

 

103,103 

 

96,433 

   Additional Paid-In Capital

 

4,105,577 

 

3,245,147 

   Accumulated Deficit

 

(6,829,745)

 

(5,797,868)

Total Stockholders' Deficit

 

(2,621,065)

 

(2,456,288)

 

 

 

 

 

Total Liabilities and Stockholders' Deficit

 

$

2,090,055 

 

$

2,394,577 

The accompanying notes are an integral part of these financial statements.



F-3





GREENKRAFT, INC.

STATEMENTS OF OPERATIONS

 

 

 

 

 

 

 

 

 

December 31 2017

 

 

2017

2016

Revenue

 

 

$

1,153,429 

 

$

846,957 

 

 

 

 

 

 

Cost of revenue

 

 

765,027 

 

688,405 

Gross Profit

 

 

388,402 

 

158,552 

Costs and expenses:

 

 

 

Research and development

 

162 

 

17,545 

Selling, general and administrative

 

 

552,934 

 

918,423 

share compensation expense

 

 

867,100 

 

Total costs and expenses

 

1,420,196

935,968 

Income (Loss) from operations

 

(1,031,794)

 

(777,416)

 

 

 

 

 

 

Other income (expense)

 

 

 

 

 

Interest (expense)

 

 

(87)

 

(16,305)

Interest income

 

 

 

759 

Total Other income (expense)

 

 

(83)

 

(15,546)

 

 

 

 

 

 

Net Income / (Loss)

 

 

$

(1,031,877)

 

$

(792,962)

 

 

 

 

 

 

Basic and Diluted Income (Loss) per share

 

 

(0.01)

 

(0.01)

Weighted average number of common shares outstanding- Basic & Diluted

 

 

100,452,992 

 

94,137,786 


The accompanying notes are an integral part of these financial statements.



F-4





GREENKRAFT, INC.

STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

Total

 

Common Stock

 

Paid-In

 

Accumulated

 

Stockholders’

 

Shares

 

Amount

 

Capital

 

Deficit

 

Deficit

Balance December 31, 2015

88,882,718

 

$

88,883

 

$

3,194,197 

 

$

(5,004,906)

 

$

(1,721,826)

 

 

 

 

 

 

 

 

 

 

Contributed Officer Salary

-

 

-

 

36,000 

 

 

36,000 

 

 

 

 

 

 

 

 

 

 

Amortization of Convertible Notes Payable

-

 

-

 

15,000 

 

 

15,000 

 

 

 

 

 

 

 

 

 

 

Reclassification for Shares Issued in Q2

50,000

 

50

 

(50)

 

 

 

 

 

 

 

 

 

 

 

 

Shares Issued from Convertible Notes Payable

7,500,000

 

7,500

 

 

 

 

7,500 

 

 

 

 

 

 

 

 

 

 

Net Loss

-

 

-

 

 

(792,962)

 

(792,962)

 

 

 

 

 

 

 

 

 

 

Balance December 31, 2016

96,432,718

 

$

96,433

 

$

3,245,147 

 

$

(5,797,868)

 

$

(2,456,288)

 

 

 

 

 

 

 

 

 

 

Shares issued compensation

6,670,000

 

6,670

 

860,430 

 

 

867,100 

 

 

 

 

 

 

 

 

 

 

Net Loss

-

 

-

 

 

(1,031,877)

 

(1,031,877)

 

 

 

 

 

 

 

 

 

 

Balance December 31, 2017

103,102,718

 

$

103,103

 

$

4,105,577 

 

$

(6,829,745)

 

$

(2,621,065)


The accompanying notes are an integral part of these financial statements.




F-5





GREENKRAFT, INC.

STATEMENT OF CASH FLOWS

12/31/2017

 

 

 

 

 

 

 

 

 

 

 

12.31.2017

 

 

2017

 

 

2016

 

 

 

 

 

 

Operating Activities:

 

 

 

 

 

Net loss

 

 

$

(1,031,877)

 

 

 

$

(792,962)

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

 

 

 

    Contributed officer salary

 

 

 

 

 

36,000 

    Amortization of debt discount from beneficial conversion feature

 

 

 

 

 

15,000 

Share-based compensation

 

 

 

867,100 

 

 

 

 

Depreciation expense

 

 

10,944 

 

 

 

8,205 

Change in operating assets and liabilities

 

 

 

 

 

 

 

    Accounts receivable

   

44,191 

 

 

 

276,134 

    Inventory

 

 

398,013 

 

 

 

180,062 

    Accounts payable

 

 

(62,420)

 

 

 

(1,148,032)

    Accounts payable- related party

 

 

100,000 

 

 

 

87,500 

    Accrued expense

 

 

(31,524)

 

 

 

39,364 

    Deferred income

 

 

(145,300)

 

 

 

(100,475)

    Deferred Rent Expense

 

 

(501)

 

 

 

9,332 

    Prepaid Expense

 

 

 

(509,365)

 

 

 

 

Net cash used in operating activities

 

 

(360,739)

 

 

 

(1,389,872)

 

 

 

 

 

 

 

 

Investing Activities:

 

 

 

 

 

 

 

        Decrease in restricted cash

 

 

 

 

 

1,506,152 

Net cash provided by investing activities

 

 

 

 

 

1,506,152 

 

 

 

 

 

 

 

 

Financing Activities:

 

 

 

 

 

 

 

(Repayments) under lines of credit

 

 

 

 

 

(1,998,850)

Net cash used in financing activities

 

 

 

 

 

(1,998,850)

 

 

 

 

 

 

 

 

Net decrease in cash

 

 

(360,739)

 

 

 

(1,882,570)

 

 

 

 

 

 

 

 

Cash, Beginning of period

 

 

379,078 

 

 

 

2,261,648 

 

 

 

 

 

 

 

 

Cash, End of period

 

 

$

18,339 

 

 

 

$

379,078 

Cash paid for interest

 

 

 

$

87 

 

 

 

$

15,394 

Cash paid for income taxes

 

 

 

$

 

 

 

$


The accompanying notes are an integral part of these financial statements.



F-6




GREENKRAFT, INC.

NOTES TO THE FINANCIAL STATEMENTS

December 31, 2017



NOTE 1—ORGANIZATION AND BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES


Nature of Business.  Greenkraft, Inc. is a manufacturer and distributor of automotive products.  We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels.  We also manufacture and sell alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels.


Basis of Presentation – The accompanying financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).


Reclassifications - Certain prior year amounts have been reclassified to conform with the current year presentation. 


Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.


Concentration of credit risk –Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade receivables. The Company places its cash with high credit quality financial institutions. At times, such cash may be in excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its customers and, as a consequence, believes that the receivable credit risk exposure is limited.


Cash and cash equivalents – Cash equivalents are highly liquid investments with an original maturity of three months or less.


Accounts Receivable – Trade accounts receivable consist of amounts due from the sale of trucks. Accounts receivable are uncollateralized customer obligations due under normal trade terms requiring payment within 90 days of receipt of the invoice. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. At December 31, 2017 and 2016, the Company characterized $3,600 and $47,791 as uncollectible, respectively. At December 31, 2017, the accounts receivable represents one customer from sales of parts.



F-7





Inventories – Inventories are primarily raw materials. Inventories are valued at the lower of, cost as determined on a weighted average cost basis, or market.  Market value is determined by reference to selling prices after the balance sheet date or to management’s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition of its inventories to identify slow-moving and obsolete inventories to determine if valuation allowance is required. Costs of raw material inventories include purchase and related costs incurred in bringing the products to their present location and condition. The estimated cost of inventory not expected to be converted to cash within one year is reflected as “Inventory, long term” in the balance sheet.


Property and equipment – Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of $10,944 and $8,205 are recognized for the year ended December 31, 2017 and 2016.


Research and development – Costs incurred in connection with the development of new products and manufacturing methods are charged to selling, general and administrative expenses as incurred. During the years ended December 31, 2017 and 2016, $162 and $17,545, respectively, were expensed as research and development costs.


Long Lived Assets - In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, Property, Plant and Equipment, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicated that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.


Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances.



F-8





Revenue recognition - Greenkraft recognizes revenue when persuasive evidence of an arrangement exists, products and/or services have been delivered, the sales price is fixed or determinable, and collectability is reasonably assured. This typically occurs when the product is shipped or delivered to the customer. Cash payments received prior to delivery of products are deferred until the products are delivered. Also, there was funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC). The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR. These funds are paid directly to the Company and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue. The Company has received previously $2,024,000 million from the CEC related to the sale of CNG and propane trucks as of December 31, 2017 and December 31, 2016.  Because of the age of the incentives received, the previously received $1.284 million from CEC will be returned in order to be replaced with new current incentives that buyers can apply for.  Therefore, company has converted the deferred income of $1.284 million to debt as of December 31, 2017. This incentive amount will be returned at a rate of $20,000 per month for 64 months.  The company has already returned $120,000. The new current incentives are available at a rate of $11,000 per vehicle for over 14,000 lbs that buyers can apply to for Greenkraft CNG truck purchases.  There are also other new incentives available for Greenkraft trucks through other agencies from $25,000 to $100,000. The amount of short term debt is $240,000 and long term debt is $924,000 as of December 31, 2017.


Income taxes - Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. These assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to reverse.


We have net operating loss carry forwards available to reduce future taxable income. Future tax benefits for these net operating losses carry forwards are recognized to the extent that realization of these benefits is considered more likely than not. To the extent that we will not realize a future tax benefit, a valuation allowance is established.


Earning or Loss per Share - The Company accounts for earnings per share pursuant to ASC 260, Earnings per Share, which requires disclosure on the financial statements of "basic" and "diluted" earnings (loss) per share. Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the year. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding plus common stock equivalents (if dilutive) related to stock options and warrants for each year. As there was a net loss for the year ended December 31, 2017 and 2016, basic and diluted losses per share are the same for the year ended December 31, 2017 and 2016 as any potentially dilutive shares would be considered anti-dilutive.



F-9





Related Parties - A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.


Recently issued accounting pronouncements


In August 2014, the Financial Accounting Standards Board ("FASB") issued a new standard on disclosure of uncertainties about an entity's ability to continue as a going concern. The new standard provides guidance on determining when and how reporting entities must disclose going concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity's ability to continue as a going concern within one year of the date of issuance of the entity's financial statements. Additionally, an entity must provide certain disclosures if there is substantial doubt about the entity's ability to continue as a going concern. The new standard will be effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2016, and for annual period and interim periods thereafter. The adoption of this guidance did not have a significant impact on the Company’s financial statement.


In May 2014, the FASB issued an accounting standards update (ASC 606) which modifies the requirements for identifying, allocating, and recognizing revenue related to the achievement of performance conditions under contracts with customers. This update also requires additional disclosure related to the nature, amount, timing, and uncertainty of revenue that is recognized under contracts with customers. This guidance is effective for fiscal and interim periods beginning after December 15, 2016 and is required to be applied retrospectively to all revenue arrangements. The Company is currently assessing the effects this guidance may have on its financial statements.

 

Other recently issued accounting standards are not expected to have a material effect on the Company's financial statements.

 

NOTE 2 – RELATED PARTY TRANSACTIONS


The Defiance Company, LLC is a distribution company owned by the Company’s president and controlling stockholder. As of December 31, 2017 and December 31, 2016, accounts payable to the Defiance was $285,389 and $285,389, respectively.  The amount of $285,389 was reclassified to long term accounts payable related party in first quarter 2017.  This debt does not require interest and there is no maturity date at this time.



F-10





As of December 31, 2017 and December 31, 2016, the Company has note payable for the amount of $1,901,916 and $1,901,916, to its President and his related entities.  All amounts are due, are unsecured and do not bear interest.   This amount was reclassified to long term related party debt because the company’s president does not expect repayment during the next 12 months.

The Company’s president is a member of CEE, LLC which performs emission testing services. During the 12 months ended December 31, 2017, Greenkraft did not have any services performed by CEE, LLC.  Greenkraft owes $ 5,944.91, to CEE, LLC as of December 31, 2017 and December 31, 2016, for previous service services provided by CEE, LLC however this amount was also reclassified to long term related party debt in 2017.  This debt does not require interest and there is no maturity date at this time.


G&K Automotive Conversion Inc. is an automotive safety compliance company that can provide services to Greenkraft as necessary.  The president of the company is also the president and controlling shareholder of G&K.  There is no amount due to G&K for Greenkraft as of December 31, 2017 and December 31, 2016.


First Warner Properties LLC is the owner of 2215 S. Standard Ave Santa Ana Ca 92707. The company’s president is a member of First Warner. Greenkraft leased the property as assembly plant from First Warner. The term of the lease agreement is from July 2014 to July 2019, with a monthly rent of $27,500. As of December 31, 2016, Greenkraft owed $525,000 to First Warner Properties LLC.  Greenkraft terminated the lease agreement with First Warner Properties LLC at the end of August 2016.  As of December 31, 2017 and December 31, 2016, Greenkraft owed First Warner Properties $525,000 and $525,000, respectively. This debt does not require interest and there is no maturity date at this time.


First Standard Real Estate LLC is the owner of 2530 South Birch Street, Santa Ana, CA 92707. Greenkraft president is a member of First Standard Real Estate LLC. Greenkraft leased a portion of the building designated as 20,000 square feet garage area. The term of the lease agreement is from September 1, 2016 to December 31, 2021, with a monthly rent of $10,000. As of December 31, 2017 and December 31, 2016, Greenkraft owes rent expense of $130,000 and $30,000 to First Standard Real Estate LLC, respectively.


Gem Works LLC is a separate company in the automotive business for vehicles and its owner is related to our Company’s CEO.  Greenkraft charged Gem Work, LLC $180, 152 net sales of e-vehicle acting as agent after gross and net revenue analysis.

 

The Company reclassified accounts payable- related parties of $816,334 and related parties’ debt of $1,901,916 as non- current liabilities as of March 31, 2017. These amounts were reclassified to long term related party debt because the company’s president does not expect repayment through 2018. This debt does not require interest and there is no maturity date at this time.


The CEO contributed his payroll to the company about $0 and $36,000 for 12 months ended December 31, 2016. The CEO did not charge the Company salary for the year ended December 31, 2017.



F-11





NOTE 3- PROPERTY AND EQUIPMENT


For the years ended December 31, 2017 and 2016, depreciation expense of fixed assets totaled approximately $10,944 and $8,205, respectively. For the year 2017 we did not purchase fixed assets. Fixed assets comprised the following as of December 31, 2017 and 2016.  


 

 

December 31, 2017

 

December 31, 2016

Equipment

 

 

$

109,428 

 

 

 

$

109,428 

Less Accumulated Depreciation

 

 

(46,758)

 

 

 

(35,815)

Total

 

 

$

62,669 

 

 

 

$

73,613 


NOTE 4 – INVENTORIES


Greenkraft’s 2017 inventory is $2,005,447.  For Greenkraft’s 2016, the inventory was $1,894,095.


 

 

December 31, 2017

 

December 31, 2016

Raw materials

 

 

1,496,082

 

 

 

1,894,095

Prepaid Inventory

 

 

509,365

 

 

 

 

 

 

 

 

 

 

 

 

Total Inventory

 

 

2,005,447

 

 

 

1,894,095

Less carrying value of inventory

 

 

 

 

 

 

 

Not deemed to be current

 

 

0

 

 

 

539,229

 

 

 

 

 

 

 

 

Inventories, included in current assets

 

 

2,005,447

 

 

 

1,354,866


At the end of each reporting period, management has estimated that portion of inventory not expected to be converted to cash within one year and reflected that amount as “Inventory, long term” in the accompanying balance sheets.


NOTE 5 – LINE OF CREDIT


In March 2016, the Company cancelled the line of credit of $3,500,000 and paid off the line of credit balance of $2,000,000 with Pacific Premier Bank. Due to the cancellation of line of credit, the Company is no longer required to maintain a restricted cash balance.


NOTE 6 – CONVERTIBLE NOTES


Convertible promissory notes were issued in the aggregate amount of $15,000 in October 2015 for the marketing and advertising services received in 2015. The term of the notes is due on demand. Simple interest of 1% is payable upon demand. Prior to maturity the notes may be converted for common stock at a conversion price of $0.001.



F-12





The Company evaluated the embedded conversion feature within the above convertible notes under ASC 815-15 and ASC 815-40 and determined embedded conversion feature does not meet the definition of a liability. Then the Company evaluated the conversion feature for a beneficial conversion feature at inception. The Company accounted for the intrinsic value of a Beneficial Conversion Feature inherent to the convertible note payable and a total debt discount of $15,000 was recorded.  $15,000 was recorded, directly to interest expense at inception.


On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.


As of December 31, 2017, convertible note has a balance of $7,500 net of $0 unamortized debt discount.


NOTE 7- COMMON STOCK


As of December 31 2017 and 2016, the Company had 400,000,000 Common shares authorized with a par value of $.0001 per share, of which 103,102,718 and 96,432,718 shares were issued and outstanding, respectively. On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.


NOTE 8 – MAJOR CUSTOMERS


In 2017, the Company revenues were from several vehicle dealers for conversions of Isuzu and truck sales to Greenkraft dealers.


In 2016, the Company had two customers each making up 10% or more of total truck sales revenue. The customers individually made up 52% and 21%.


NOTE 9 - LONG TERM DEBT


The Company has long term debt of $924,000 from amounts converted from deferred income of $1.284 million to long term debt which consist of incentives received by the CEC that were converted to debt due to age of incentives and for the company to apply to new incentives available by the CEC. The payment terms require $20,000 per month for approximately 64 months and the terms do not require interest.


NOTE 10 - SHORT TERM DEBT


Company has short term debt of $240,000 which is part of 12 months of amounts to be paid for incentives from the 1.284 million company received in the past.



F-13




NOTE 11 – COMMITMENT AND CONTINGENCIES


The Company leases space for its offices and warehouse under lease expiring 5 years after September 1, 2016. Rent expense was $120,000 per year, payable in installments of $10,000 per month. The future minimum lease payments under these operating leases are as follows below,


Years ending December 31,

 

Amount

 

 

 

2018

 

120,000

2019

 

120,000

2020

 

120,000

2021 and thereafter

 

70,000

 

 

 

Total

 

$

430,000


NOTE 12 - STOCK ISSUANCE


On May 27, 2017, the Company issued 6,670,000 shares of its common stock pursuant to a Board Resolution that provided for the stock issuance to officers, employees, and directors of the Company. There is no vesting period, or restriction to sell in 12 months. As a result the Company recorded the stock based compensation expense $867,100 based on the closed price on the grant date.


NOTE 13 – PROVISION FOR INCOME TAXES


Greenkraft uses the liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. During fiscal 2017, the company incurred net losses and, therefore, had no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. As of December 31, 2017, the tax years 2013 through 2016, and 2011 through 2016 are subject to examination by the federal and California taxing authorities, respectively. At December 31, 2017 and 2016, deferred tax assets consisted of the following:


 

 

December 31,

 

 

December 31,

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Deferred tax assets

 

 

$

1,201,199 

 

 

 

$

1,593,960 

Less: Valuation allowance

 

 

(1,201,199)

 

 

 

(1,593,960)

Net deferred tax assets

 

 

$

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

December 31,

 

 

 

2017

 

 

 

2016

Accumulated net operating loss

 

 

$

5,719,996  

 

 

 

$

4,688,119  

Tax rate

 

 

21%

 

 

 

34%

Deferred tax assets

 

 

$

1,201,199  

 

 

 

$

1,593,960  



F-14





NOTE 14 - LIQUIDITY


The accompanying financial statements have been prepared in accordance to FASB Subtopic 205-40, Presentation of Financial Statements—Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). Greenkraft’s management evaluated the current financial situation of the company and believes the company has no going concern within one year.


During the year ended December 31, 2017, the Company incurred a loss from continuing operation of $1,031,794 and a net loss $1,031,877 and the stockholders’ deficit was $2,621,065 and the working capital was $966,516. The working capital deficit have been majority funded by accounts payable to its related parties and related party debt.  Based on the financial support letter from the CEO of Greenkraft, he and his related party entities, has no present or future plans or intentions to (A) liquidate Greenkraft, Inc.; (B) sell or otherwise dispose of all, or a significant portion of, its investment in the Company or otherwise change its capital structure; (C) discontinue providing financial support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues. Based on the cash burn calculation, the Company is expected to have sufficient cash flow to cover the normal business operation for the twelve month-ended December 31, 2018. In the next 12 months, the Company will continue to receive sales orders, recognize revenue by selling the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligation as they become due.


Management believes they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers’ contracts and delivering alternative fuel trucks to them; (b) reclassify accounts payable- related parties and related parties’ debt as non- current liabilities in amount of $816,334 and $1,901,916, respectively,  which is related to the financial support letter from the CEO,  and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on terms acceptable to the Company.


The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.


NOTE 13 – SUBSEQUENT EVENTS


On January 24, 2018 $2,000 of an existing promissory note in the amount of $7,500 was converted to 2 million in stocks.


In first quarter 2018 our CEO provided Greenkraft with $100,000 line of credit.




F-15




ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 

In February 2018 we changed auditors from Simon & Edward LLP to Fruci & Associated II, PLLC. There were no disagreements with either firm.


ITEM 9A.  CONTROLS AND PROCEDURES


Evaluation of Disclosure Controls and Procedures


Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms.  Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports filed under the Exchange Act is accumulated and communicated to management, including the Chief Executive Officer covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of December 31, 2017 (the “Evaluation Date”). Based upon the evaluation of our disclosure controls and procedures as of the Evaluation Date, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting which is identified below, which we view as an integral part of our disclosure controls and procedures.


Management’s Report on Internal Control over Financial Reporting


Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Rule 13a-15(f).  Our internal control over financial reporting is a process designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America.


Our internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, and our receipts and expenditures of are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on the financial statements.



18





Because of its inherent limitations, internal controls over financial reporting may not prevent or detect misstatements.  All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error and the circumvention of overriding controls.  Accordingly, even effective internal control over financial reporting can provide only reasonable assurance with respect to financial statement preparation.  Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.


Our management assessed the effectiveness of our internal control over financial reporting as of December 31, 2017.  In making this assessment, it used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO-2013) in Internal Control-Integrated Framework.  Based on its evaluation, our management concluded that there is a material weakness in our internal control over financial reporting and Management has concluded that our internal controls over financial reporting are ineffective as of December 31, 2017.  A material weakness is a deficiency, or a combination of control deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.


The material weaknesses which existed as of December 31, 2017 are:


Financial Reporting Systems: We did not have a robust financial consolidation system throughout the period and as a result, adjustments were required in order to produce financial statements for external reporting purposes.


Segregation of Duties: A complete accounting system is needed to support standalone external financial reporting under public company or SEC requirements. Specifically, the Company did not segregate certain accounting duties due to the small size of its accounting staff.


Fruci & Associates II, PLLC our registered independent public accounting firm, was not required to and has not issued a report concerning the effectiveness of our internal control over financial reporting as of December 31, 2017.


Changes in Internal Control over Financial Reporting


There were no changes in our internal control over financial reporting during the fiscal year ended December 31, 2017 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.



19





Limitations on the Effectiveness of Controls


Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that our Disclosure Controls and internal controls will prevent all errors and all fraud.  A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.  Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs.  Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected.  These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of a simple error or mistake.  Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management or board override of the control.


The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.  Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.


ITEM 9B.  OTHER INFORMATION

 

None.

 


20




PART III

 

ITEM 10.  DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE


Directors and Officers

 

Our bylaws allow the number of directors to be fixed by the Board of Directors.  Our Board of Directors has fixed the number of directors at five.

 

Our current directors and officers are as follows:


 

 

 

 

 

NAME

  

AGE

  

POSITION

Executive Officers and Directors:

  

  

  

  

George Gemayel

  

67

  

Chairman, President and Secretary

Sosi Bardakjian

  

39

  

Chief Financial Officer and Director

Evan Ginsburg

  

75

  

Director

Assadour (Ace) Sarafian

  

60

  

Director

Miguel Pulido

  

61

  

Director


The directors will serve as directors until our next shareholder meeting or until a successor is elected who accepts the position.  Officers hold their positions at the will of the Board of Directors.  There are no arrangements, agreements or understandings between non-management shareholders and management under which non-management shareholders may directly or indirectly participate in or influence the management of our affairs.

 

George Gemayel, President, Secretary and Chairman of the Board of Directors.  Mr. Gemayel was appointed as President, Secretary and Chairman of our Board of Directors on May 16, 2013.  Mr. Gemayal has extensive knowledge and experience in the automotive industry and in the fields of automotive emissions and testing. In 2008, Mr. Gemayel founded Greenkraft, Inc., a privately held manufacturer of trucks, engines, and alternative fuel systems that are powered by natural gas and propane fuels, and has been its Chief Executive Officer since that time.  Since 1982, Mr. Gemayel has also been the President and sole director and shareholder of G & K Automotive, Inc., a California corporation that modifies and certifies foreign motor vehicles. Since 2000, Mr. Gemayel has been a member of CEE, LLC, a California limited liability company and full service vehicle and engine testing facility.

 

Sosi Bardakjian, Chief Financial Officer and Director. Ms. Bardakjian was appointed as our Chief Financial Officer and as a director in connection with the consummation of the Acquisition.  Ms. Bardakjian has been Chief Financial Officer of Greenkraft since its formation in October 2008.  Ms. Bardakjian graduated with double major in international business & finance from California State University Long Beach.

 



21





Evan Ginsburg, Director.  Mr. Ginsburg was appointed as a Director in connection with the consummation of the Acquisition.  Mr. Ginsburg is an attorney, licensed to practice and in good standing in the State of California.  Since 1998, Mr. Ginsburg has been the name partner in the Evan L. Ginsburg Law Offices.  Mr. Ginsburg received his undergraduate degree from Western Michigan University and his law degree from Western State University.

  

Assadour (Ace) Sarafian, Director.  Mr. Sarafian was appointed as a Director in connection with the consummation of the Acquisition. Since 1990, Mr. Sarafian has owned and operated Media Imports, Inc., a wholesale jewelry company.

 

Miguel Pulido, Director.  Mr. Pulido was appointed as a Director in connection with the consummation of the Acquisition.  Mr. Pulido currently serves as the Mayor of Santa Ana, a position he has occupied since 1994.  Prior to his election as Mayor of Santa Ana, Mr. Pulido served on the Santa Ana City Council from 1986 to 1994.  Mr. Pulido also currently serves on the Governing Board of the South Coast Air Quality Management District (AQMD), which is responsible for air pollution control and clean air standards to protect public health.  Mr. Pulido also serves as the Chair of the Energy Committee within the U.S. Conference of Mayors, a national organization dedicated to advocating public policy initiatives and funding programs to benefit cities.  He is also a board member of the Fullerton Community Bank, Great Park Corporation, Pacific Symphony, Discovery Science Center, the UCI Foundation, and the Bowers Museum President’s Advisory Council.


Director Independence and Qualifications


Our Board of Directors has determined that Messrs. Ginsburg, Sarafian and Pulido are “independent” as defined under the standards set forth in Section 121A of the American Stock Exchange Company Guide.  In making this determination, the Board of Directors considered all transactions set forth under “Certain Relationships and Related Transactions” below.


We considered Mr. Gemayel’s prior experience in the automotive industry, including his positions with G & K Automotive, Inc., a California corporation that modifies and certifies foreign motor vehicles and CEE, LLC, a California limited liability company and full service vehicle and engine testing facility in concluding that he was qualified to serve as one of our directors.  Regarding Ms. Bardakjian, we considered her experience in financial and accounting experience as important factors in concluding that she was qualified to serve as one of our directors.  Regarding Mr. Ginsburg, we considered his legal experience as an important factor in concluding that he was qualified to serve on our board of directors.  Regarding Mr. Sarafian, we considered his experience in owning and operating a successful business for over 30 years as important factors in concluding that he was qualified to serve on our board of directors.  Regarding Mr. Pulido, we considered his experience on the Energy Committee as well as the contacts and experience as Mayor of Santa Ana as important factors in concluding that he was qualified to serve as one of our directors.



22





Significant Employees

 

There are no individuals other than our directors and officers who make a significant contribution to our business.


Family Relationships

 

There are no family relationships among our officers or directors.


Legal Proceedings

 

None of our directors, executive officers, promoters or control persons has been involved in any of the following events during the past five years:


·

any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;


·

any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);


·

being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or


·

being found by a court of competent jurisdiction (in a civil action), the SEC or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.


Section 16(a) Beneficial Ownership Compliance Reporting


Section 16(a) of the Securities Exchange Act of 1934 requires a company’s directors and officers, and persons who own more than ten-percent (10%) of our common stock, to file with the Securities and Exchange Commission reports of ownership on Form 3 and reports of change in ownership on Forms 4 and 5.  Such officers, directors and ten-percent stockholders are also required to furnish the company with copies of all Section 16(a) reports they file.  Based solely on our review of the copies of such forms received by us and on written representations from certain reporting persons, we believe that all Section 16(a) reports applicable to our officers, directors and ten-percent stockholders with respect to the fiscal year ended December 31, 2017 were filed.



23





Code of Ethics

 

We have not yet adopted a code of ethics that applies to our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions because we have not yet finalized the content of such a code.  Companies whose equity securities are listed for trading on the OTCQB are not currently required to implement a code of ethics.

 

Director Nominees


As of December 31, 2017 there have been no material changes to the procedures by which security holders may recommend nominees to our Board of Directors.


Audit Committee

 

The functions of the Audit Committee are currently carried out by our Board of Directors.  Our Board of Directors has determined that we do not presently need an audit committee financial expert on our Board of Directors carrying out the duties of the Audit Committee.  Our Board of Directors has determined that the cost of hiring a financial expert to act as one of our directors and to be a member of the Audit Committee or otherwise perform Audit Committee functions outweighs the benefits of having a financial expert on the Audit Committee.



24





ITEM 11.  EXECUTIVE COMPENSATION

 

The table below shows the compensation summary for all offices and board directors. None of our other executive officers received compensation except for a minimal administrative amount for the CFO during the fiscal year ended December 31, 2017.


Summary Compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name and Principal Position

Year

Salary

($)

Bonus

($)

Stock Awards

($)

Option Awards

($)

Non-Equity Incentive

Plan Compensation

($)

Non-qualified Deferred

Compensation Earnings

($)

All Other Compensation

($)

Total

($)

George Gemayel, Chairman, President, Secretary

2017

-

-

-

-

-

-

-

-

Sosi Bardakjian,

Chief Financial Officer, Director

2017

19,5000

-

-

-

-

-

-

19,500

Evan Ginsburg, 

Director

2017

-

-

-

-

-

-

-

-

Assadour (Ace) Sarafian, Director

2017

-

-

-

-

-

-

-

-

Miguel Pulido,

Director

2017

-

-

-

-

-

-

-

-


Our executive officers and directors did not receive any other compensation as directors or officers or any benefits.

  

Outstanding Equity Awards at Fiscal Year End


As of December 31, 2017, we did not have any unexercised stock options held by any of our shareholders.



25





ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

 

The following table sets forth certain information known to us with respect to the beneficial ownership (as defined in Instruction 4 to Item 403 of Regulation S-K under the Securities Exchange Act of 1934) of our common stock as of April 14, 2017 by (i) each person who is known by us to be the beneficial owner of more than 5% of any class of our voting securities, (ii) each of our directors and named executive officers, and (iii) all of our executive officers and directors as a group.  Except as otherwise listed below, the address of each person is 2530 S. Birch Street, Santa Ana, CA 92707.


 

 

 

 

 

 

 

 

Title of Class

Name and Address of Beneficial Owner

Amount and Nature of Beneficial Ownership

Percent of Class (1)

Common

George Gemayel

82,110,673

79.64%

Common

Sosi Bardakjian

250,000

0.24%

Common

Evan Ginsburg

100,000

0.1%

Common

Assadour (Ace) Sarafian

5,000,000

4.85%

Common

Miguel Pulido

100,000

0.1%

 

All Executive Officers and Directors as a Group

87,560,673

84.93%



1)

Calculated based on issued and outstanding shares of 103,102,718 as December 31, 2017.


Pension, Retirement or Similar Benefit Plans


There are no arrangements or plans in which we provide pension, retirement or similar benefits to our directors or executive officers.  We have no material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of the Board of Directors or a committee thereof.


Compensation Committee


We currently do not have a compensation committee of the Board of Directors or a committee performing a similar function.  It is the view of the Board that it is appropriate for us not to have such a committee because of our size and because the Board as a whole determines executive compensation.  Each of our directors is also is a senior officer of the company.



26




Compensation Committee Report


Our Board of Directors as a whole have revised and discussed the compensation discussion and analysis disclosed in this Form 10-K and based on this review and discussion, have determined that the disclosure be included in this annual report.  


Compensation of Directors

 

We do not pay our directors any fees for attendance at Board meetings or similar remuneration or reimburse them for any out-of-pocket expenses incurred by them in connection with our business.


Change of Control


As of December 31, 2017 we had no pension plans or compensatory plans or other arrangements which provide compensation in the event of a termination of employment or a change in our control.


ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE


Director Independence

 

The OTCQB on which our common shares are listed on does not have any director independence requirements.  We also do not have a definition of independence as our directors also hold positions executive officer positions with us.  Once we engage further directors and officers, we plan to develop a definition of independence and scrutinize our Board of Directors with regards to this definition.

  



27




Item 14.  PRINCIPAL ACCOUNTING FEES AND SERVICES

 

Audit, Audit-Related and Non-Audit Fees


On February 20, 2018, the Board of Directors of the Company approved the appointment of Fruci & Associates II, PLLC as the Company's independent registered public accounting firm, to audit the financial statements of the Company for the year end Audit December 31, 2017.  On February 22, 2018, the Board of Directors of Greenkraft Inc. (the "Company") dismissed Benjamin & Young LLP (B&Y).


The following table represents fees for the professional audit services and fees billed for other services rendered by our current auditors and predecessor auditor.


Description of service

Fruci & Associates II, PLLC

 

2017

Audit fees

$

16,000

Audit- related fees

-

Tax fees

-

All other fees

-

Total

$

16,000



Audit Committee Approval


Since our inception, our Board of Directors, performing the duties of the audit committee, have reviewed all audit and non-audit related fees at least annually.  The Board, acting as the audit committee, pre-approved all audit related services for the year ended December 31, 2017.



28




PART IV


ITEM 15.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES


The financial statement schedules are omitted because they are inapplicable or the requested information is shown in our financial statements or related notes thereto.


Exhibits

 

Exhibit

Number

Exhibit

Description

2.1

Securities Purchase Agreement dated as of December 5, 2013 by and among Sunrise Global, Inc., Greenkraft, Inc. and the shareholders of Greenkraft, Inc. (1)

3.1

Articles of Incorporation of Greenkraft, Inc. (f/k/a Sunrise Global, Inc.), a Nevada corporation  (2)

3.2

Articles of Incorporation of Greenkraft, Inc., a California corporation (1)

3.3

Bylaws of Greenkraft, Inc.(f/k/a Sunrise Global, Inc.), a Nevada corporation (2)

3.4

Bylaws of Greenkraft, Inc., a California corporation (1)

3.5

Articles of Merger dated December 11, 2013 between Sunrise Global, Inc., a Nevada corporation and Greenkraft, Inc., a Nevada corporation.  (3)

3.6

Certificate of Change dated December 13, 2013 filed with the Nevada Secretary of State (3)

 4.1

Promissory Note dated March 13, 2012 in the amount of up to $3,500,000 issued by Greenkraft, Inc. in favor of Pacific Premier Bank.(1)

10.1

Investment Agreement dated February 6, 2014 between Greenkraft, Inc. a Nevada corporation and Kodiak Capital LLC.  (5)

10.2

Registration Rights Agreement dated February 6, 2014 between Greenkraft Inc., a Nevada corporation and Kodiak Capital LLC.(5)

10.3

Business Loan Agreement dated March 13, 2012 between Greenkraft, Inc. and Pacific Premier Bank.(4)

10.4

Commercial Security Agreement dated March 31, 2012 between Greenkraft, Inc. and Pacific Premier Bank.(4)

10.5

Commercial Lease Agreement dated April 1, 2013 between First Warner Properties and Greenkraft, Inc. (1)

10.6

Loan Modification Agreement dated July 15, 2013 between Greenkraft, Inc. and Pacific Premier Bank.(4)

10.7

Loan Modification Agreement dated December 26, 2013 between Greenkraft, Inc. and Pacific Premier Bank (4)

10.8

Commercial Guaranty dated December 26, 2013 by Greenkraft, Inc., a Nevada corporation in favor of Pacific Premier Bank (4)

21.1

Subsidiaries (6)

31.1

Certification of the Chief Executive Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

31.2

Certification of the Chief Financial Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1  

Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

32.2

Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002



29







EX-101.INS

XBRL Instance Document

EX-101.SCH

XBRL Taxonomy Extension Schema

EX-101.CAL

XBRL Taxonomy Extension Calculation Linkbase

EX-101.LAB

XBRL Taxonomy Extension Label Linkbase

EX-101.PRE

XBRL Taxonomy Extension Presentation Linkbase

EX-101.DEF

XBRL Taxonomy Extension Definition Linkbase



 

 

(1)  

Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on December 10, 2013 (File No. 000-53047) and incorporated herein by reference.

(2)  

Filed as an exhibit to our Registration Statement on Form SB-2 filed with the SEC on May 11, 2007 (File No. 333-142836) and incorporated herein by reference.

(3)  

Filed as an exhibit to our Quarterly Report on Form 10-Q filed with the SEC on December 16, 2013 (File No. 000-53047) and incorporated herein by reference.

(4)  

Filed as an exhibit to our Amendment No. 1 to Current Report on Form 8-K filed with the SEC on January 29, 2014 and incorporated herein by reference.

(5)  

Filed as an exhibit to our Current Report on Form 8-K filed with the SEC on February 12, 2014 and incorporated herein by reference.

(6)  

Filed as an exhibit to our Current Report on Form 10-K filed with the SEC on April 3, 2014 and incorporated herein by reference.




30





SIGNATURES


Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act, the Registrant has duly caused this Annual Report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

 

 

  GREENKRAFT, INC.

 

 

 

Date: April 16, 2018

By:

/s/ George Gemayel

 

 

George Gemayel

 

 

President, Chief Executive Officer and Director

(Principal Executive Officer)



Pursuant to the requirements of the Exchange Act this Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


 

 

 

  Signature  

Title    

Date

 

 

 

 /s/ George Gemayel

George Gemayel

President, Chief Executive Officer and Director

(Principal Executive Officer)

April 16, 2018

 

 

 

 

 

 

 /s/ Sosi Bardakjian

Sosi Bardakjian

Chief Financial Officer and Director

(Principal Financial and Accounting Officer)

April 14,, 2018

 

 

 

 

 

 

 /s/ Evan Ginsburg

Director

April 16, 2018

Evan Ginsburg

 

 

 

 

 

 /s/ Assadour Sarafian

Director

April 16, 2018

Assadour Sarafian

 

 

 

 

 

 /s/ Miguel A. Pulido

Director

April 16, 2018

Miguel A. Pulido

 

 





31



EX-101.INS 2 gkit-20171231.xml XBRL INSTANCE DOCUMENT 400000000 103102718 96432718 88883 3194197 -5004906 -1721826 88882718 36000 15000 15000 50 -50 50000 7500 7500 7500000 -792962 96433 3245147 -5797868 -2456288 96432718 6670 860430 867100 6670000 -1031877 103103 4105577 -6829745 -2621065 103102718 18339 379078 3600 47791 1496082 1354866 2027386 1781735 539229 62669 73613 62669 612842 2090055 2394577 23325 85745 130000 846334 108219 139743 475995 1785295 7500 7500 75000 75000 1901916 240000 831 1332 1060870 4842865 8000 8000 285389 525000 5945 1901916 924000 3650250 8000 4711120 4850865 103103 96433 4105577 3245147 -6829745 -5797868 -2621065 -2456288 2090055 2394577 36000 15000 44191 276134 398013 180062 -32420 -1148032 100000 87500 -31524 39364 -145300 -100475 -501 9332 -509365 -360739 -1389872 1506152 1506152 -1998850 -1998850 -360739 -1882570 2261648 18339 379078 87 15394 1153429 846957 765027 688405 388402 158552 552934 918423 1420196 935968 -1031794 -777416 -87 -16305 4 759 -83 -15546 -1031877 -792962 -0.01 -0.01 100452992 94137786 10-K 2017-12-31 false GREENKRAFT, INC. 0001398529 gkit --12-31 103102718 1 Smaller Reporting Company Yes No No 2017 FY <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>NOTE 1 - ORGANIZATION AND BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Nature of Business</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Greenkraft, Inc. is a manufacturer and distributor of automotive products.&nbsp;&nbsp;We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels.&nbsp;&nbsp;We also manufacture and sell alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Basis of Presentation</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The accompanying financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Reclassifications</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Certain prior year amounts have been reclassified to conform with the current year presentation.&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Use of estimates</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The preparation of financial statements in conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Concentration of credit risk</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade receivables. The Company places its cash with high credit quality financial institutions. At times, such cash may be in excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its customers and, as a consequence, believes that the receivable credit risk exposure is limited.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Cash and cash equivalents</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Cash equivalents are highly liquid investments with an original maturity of three months or less. </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Accounts Receivable</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Trade accounts receivable consist of amounts due from the sale of trucks. Accounts receivable are uncollateralized customer obligations due under normal trade terms requiring payment within 90 days of receipt of the invoice. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. At December 31, 2017 and 2016, the Company characterized $3,600 and $47,791 as uncollectible, respectively. At December 31, 2017, the accounts receivable represents one customer from sales of parts.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Inventories</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Inventories are primarily raw materials. Inventories are valued at the lower of, cost as determined on a weighted average cost basis, or market.&nbsp;&nbsp;Market value is determined by reference to selling prices after the balance sheet date or to management&#146;s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition of its inventories to identify slow-moving and obsolete inventories to determine if valuation allowance is required. Costs of raw material inventories include purchase and related costs incurred in bringing the products to their present location and condition. The estimated cost of inventory not expected to be converted to cash within one year is reflected as &#147;Inventory, long term&#148; in the balance sheet.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Property and equipment</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of&nbsp;$10,944 and $8,205 are recognized for the year ended December 31, 2017 and 2016.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Research and development</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Costs incurred in connection with the development of new products and manufacturing methods are charged to selling, general and administrative expenses as incurred. During the years ended December 31, 2017 and 2016, $162 and $17,545, respectively, were expensed as research and development costs.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Long Lived Assets</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In accordance with Financial Accounting Standards Board (&#147;FASB&#148;) Accounting Standards Codification (&#147;ASC&#148;) 360, Property, Plant and<b><i>&nbsp;</i></b>Equipment, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicated that their<b><i>&nbsp;</i></b>carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the<b><i>&nbsp;</i></b>market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the<b><i>&nbsp;</i></b>amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of<b><i>&nbsp;</i></b>losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold<b><i>&nbsp;</i></b>or disposed significantly before the end of its estimated useful life.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><b><i>Revenue recognition</i></b></p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>Greenkraft recognizes revenue when persuasive evidence of an arrangement exists, products and/or services have been delivered, the sales price is fixed or determinable, and collectability is reasonably assured. This typically occurs when the product is shipped or delivered to the customer. Cash payments received prior to delivery of products are deferred until the products are delivered. Also, there was funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC). The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR. These funds are paid directly to the Company and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue. The Company has received previously $2,024,000 million from the CEC related to the sale of CNG and propane trucks as of December 31, 2017 and December 31, 2016. &nbsp;Because of the age of the incentives received, the previously received $1.284 million from CEC will be returned in order to be replaced with new current incentives that buyers can apply for. &nbsp;Therefore, company has converted the deferred income of $1.284 million to debt as of December 31, 2017. This incentive amount will be returned at a rate of $20,000 per month for 64 months. &nbsp;The company has already returned $120,000. The new current incentives are available at a rate of $11,000 per vehicle for over 14,000 lbs that buyers can apply to for Greenkraft CNG truck purchases. &nbsp;There are also other new incentives available for Greenkraft trucks through other agencies from $25,000 to $100,000. The amount of short term debt is $240,000 and long term debt is $924,000 as of December 31, 2017.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Income taxes</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. These assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to reverse.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>We have net operating loss carry forwards available to reduce future taxable income. Future tax benefits for these net operating losses carry forwards are recognized to the extent that realization of these benefits is considered more likely than not. To the extent that we will not realize a future tax benefit, a valuation allowance is established.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Earning or Loss per Share</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Company accounts for earnings per share pursuant to ASC 260, Earnings per Share, which requires disclosure on the financial statements of &quot;basic&quot; and &quot;diluted&quot; earnings (loss) per share. Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the year. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding plus common stock equivalents (if dilutive) related to stock options and warrants for each year. As there was a net loss for the year ended December 31, 2017 and 2016, basic and diluted losses per share are the same for the year ended December 31, 2017 and 2016 as any potentially dilutive shares would be considered anti-dilutive.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Related Parties</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Recently issued accounting pronouncements</i></b> </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In August 2014, the Financial Accounting Standards Board (&quot;FASB&quot;) issued a new standard on disclosure of uncertainties about an entity's ability to continue as a going concern. The new standard provides guidance on determining when and how reporting entities must disclose going concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity's ability to continue as a going concern within one year of the date of issuance of the entity's financial statements. Additionally, an entity must provide certain disclosures if there is substantial doubt about the entity's ability to continue as a going concern. The new standard will be effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2016, and for annual period and interim periods thereafter. The adoption of this guidance did not have a significant impact on the Company&#146;s financial statement. </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>In May 2014, the FASB issued an accounting standards update (ASC 606) which modifies the requirements for identifying, allocating, and recognizing revenue related to the achievement of performance conditions under contracts with customers. This update also requires additional disclosure related to the nature, amount, timing, and uncertainty of revenue that is recognized under contracts with customers. This guidance is effective for fiscal and interim periods beginning after December 15, 2016 and is required to be applied retrospectively to all revenue arrangements. The Company is currently assessing the effects this guidance may have on its financial statements.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>Other recently issued accounting standards are not expected to have a material effect on the Company's financial statements.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 2 &#150; RELATED PARTY TRANSACTIONS</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Defiance Company, LLC is a distribution company owned by the Company&#146;s president and controlling stockholder.&nbsp;As of December 31, 2017 and December 31, 2016, accounts payable to the Defiance was $285,389 and $285,389, respectively. &nbsp;The amount of $285,389 was reclassified to long term accounts payable related party in first quarter 2017. &nbsp;This debt does not require interest and there is no maturity date at this time.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:6.65pt;text-align:justify;line-height:normal'>As of December 31, 2017 and December 31, 2016, the Company has note payable for the amount of $1,901,916 and $1,901,916, to its President and his related entities. &nbsp;All amounts are due, are unsecured and do not bear interest.&nbsp;&nbsp;&nbsp;This amount was reclassified to long term related party debt because the company&#146;s president does not expect repayment during the next 12 months.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Company&#146;s president is a member of CEE, LLC which performs emission testing services. During the 12 months ended December 31, 2017, Greenkraft did not have any services performed by CEE, LLC. &nbsp;Greenkraft owes $ 5,944.91, to CEE, LLC as of December 31, 2017 and December 31, 2016, for previous service services provided by CEE, LLC however this amount was also reclassified to long term related party debt in 2017. &nbsp;This debt does not require interest and there is no maturity date at this time.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>G&amp;K Automotive Conversion Inc. is an automotive safety compliance company that can provide services to Greenkraft as necessary. &nbsp;The president of the company is also the president and controlling shareholder of G&amp;K. &nbsp;There is no amount due to G&amp;K for Greenkraft as of December 31, 2017 and December 31, 2016. </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>First Warner Properties LLC is the owner of 2215 S. Standard Ave Santa Ana Ca 92707. The company&#146;s president is a member of First Warner. Greenkraft leased the property as assembly plant from First Warner. The term of the lease agreement is from July 2014 to July 2019, with a monthly rent of $27,500. As of December 31, 2016, Greenkraft owed $525,000 to First Warner Properties LLC.&nbsp; Greenkraft terminated the lease agreement with First Warner Properties LLC at the end of August 2016. &nbsp;As of December 31, 2017 and December 31, 2016, Greenkraft owed First Warner Properties $525,000 and $525,000, respectively. This debt does not require interest and there is no maturity date at this time.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>First Standard Real Estate LLC is the owner of 2530 South Birch Street, Santa Ana, CA 92707. Greenkraft president is a member of First Standard Real Estate LLC. Greenkraft leased a portion of the building designated as 20,000 square feet garage area. The term of the lease agreement is from September 1, 2016 to December 31, 2021, with a monthly rent of $10,000. As of December 31, 2017 and December 31, 2016, Greenkraft owes rent expense of $130,000 and $30,000 to First Standard Real Estate LLC, respectively. </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Gem Works LLC is a separate company in the automotive business for vehicles and its owner is related to our Company&#146;s CEO. &nbsp;Greenkraft charged Gem Work, LLC $180, 152 net sales of e-vehicle acting as agent after gross and net revenue analysis.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&#160;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Company reclassified accounts payable- related parties of $816,334 and related parties&#146; debt of $1,901,916 as non- current liabilities as of March 31, 2017. These amounts were reclassified to long term related party debt because the company&#146;s president does not expect repayment through 2018. This debt does not require interest and there is no maturity date at this time.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The CEO contributed his payroll to the company about $0 and $36,000 for 12 months ended December 31, 2016. The CEO did not charge the Company salary for the year ended December 31, 2017.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 3- PROPERTY AND EQUIPMENT</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>For the years ended December 31, 2017 and 2016, depreciation expense of fixed assets totaled approximately $10,944 and $8,205, respectively. For the year 2017 we did not purchase fixed assets. Fixed assets comprised the following as of December 31, 2017 and 2016. &nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="294" style='width:220.5pt;padding:0'></td> <td width="22" style='width:2.25pt;padding:0'></td> <td width="22" style='width:8.25pt;padding:0'></td> <td width="136" style='width:102.0pt;padding:0'></td> <td width="20" style='width:8.25pt;padding:0'></td> <td width="22" style='width:8.25pt;padding:0'></td> <td width="20" style='width:8.25pt;padding:0'></td> <td width="135" style='width:101.25pt;padding:0'></td> <td width="11" style='width:8.25pt;padding:0'></td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="178" colspan="3" valign="top" style='width:119.25pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2017</b></p> </td> <td width="22" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="166" colspan="3" valign="top" style='width:117.75pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2016</b></p> </td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Equipment</p> </td> <td width="22" valign="bottom" style='width:2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="136" valign="bottom" style='width:102.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 109,428&nbsp;</p> </td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="146" colspan="2" valign="bottom" style='width:109.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 109,428&nbsp;</p> </td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Less Accumulated Depreciation</p> </td> <td width="22" valign="bottom" style='width:2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="136" valign="bottom" style='width:102.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (46,758)</p> </td> <td width="20" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'></td> <td width="22" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'></td> <td width="20" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'></td> <td width="146" colspan="2" valign="bottom" style='width:109.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (35,815)</p> </td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Total</p> </td> <td width="22" valign="bottom" style='width:2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="136" valign="bottom" style='width:102.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 62,669&nbsp;</p> </td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="146" colspan="2" valign="bottom" style='width:109.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 73,613&nbsp;</p> </td> </tr> </table> </div> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>NOTE 4 &#150; INVENTORIES</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Greenkraft&#146;s 2017 inventory is $2,005,447. &#160;For Greenkraft&#146;s 2016, the inventory was $1,894,095.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:8.35pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="268" style='width:200.95pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="29" style='width:21.9pt;padding:0'></td> <td width="128" style='width:96.15pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="29" style='width:21.9pt;padding:0'></td> <td width="127" style='width:95.5pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="180" colspan="3" valign="top" style='width:134.95pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2017</b></p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="179" colspan="3" valign="top" style='width:134.3pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2016</b></p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Raw materials</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,496,082</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,894,095</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Prepaid Inventory</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>509,365&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'></td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Total Inventory</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>2,005,447</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,894,095</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Less carrying value of inventory not deemed to be current</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>0</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>539,229</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>Inventories, included in current assets</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="128" valign="bottom" style='width:96.15pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>2,005,447</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="127" valign="bottom" style='width:95.5pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,354,866</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> </table> </div> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>At the end of each reporting period, management has estimated that portion of inventory not expected to be converted to cash within one year and reflected that amount as &#147;Inventory, long term&#148; in the accompanying balance sheets.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 5 &#150; LINE OF CREDIT</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In March 2016, the Company cancelled the line of credit of $3,500,000 and paid off the line of credit balance of $2,000,000 with Pacific Premier Bank. Due to the cancellation of line of credit, the Company is no longer required to maintain a restricted cash balance.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 6 &#150; CONVERTIBLE NOTES</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>Convertible promissory notes were issued in the aggregate amount of $15,000 in October 2015 for the marketing and advertising services received in 2015. The term of the notes is due on demand. Simple interest of 1% is payable upon demand. Prior to maturity the notes may be converted for common stock at a conversion price of $0.001.</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>The Company evaluated the embedded conversion feature within the above convertible notes under ASC 815-15 and ASC 815-40 and determined embedded conversion feature does not meet the definition of a liability. Then the Company evaluated the conversion feature for a beneficial conversion feature at inception. The Company accounted for the intrinsic value of a Beneficial Conversion Feature inherent to the convertible note payable and a total debt discount of $15,000 was recorded. &nbsp;$15,000 was recorded, directly to interest expense at inception. </p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>As of December 31, 2017, convertible note has a balance of $7,500 net of $0 unamortized debt discount.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 7- COMMON STOCK</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>As of December 31 2017 and 2016, the Company had 400,000,000 Common shares authorized with a par value of $0.0001 per share, of which 103,102,718 and 96,432,718 shares were issued and outstanding, respectively. On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 8 &#150; MAJOR CUSTOMERS</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In 2017, the Company revenues were from several vehicle dealers for conversions of Isuzu and truck sales to Greenkraft dealers.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In 2016, the Company had two customers each making up 10% or more of total truck sales revenue. The customers individually made up 52% and 21%. </p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>NOTE 9 - LONG TERM DEBT</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Company has long term debt of $924,000 from amounts converted from deferred income of $1.284 million to long term debt which consist of incentives received by the CEC that were converted to debt due to age of incentives and for the company to apply to new incentives available by the CEC. The payment terms require $20,000 per month for approximately 64 months and the terms do not require interest.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 10 - SHORT TERM DEBT</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Company has short term debt of $240,000 which is part of 12 months of amounts to be paid for incentives from the 1.284 million company received in the past. </p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 11 &#150; COMMITMENT AND CONTINGENCIES</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Company leases space for its offices and warehouse under lease expiring 5 years after September 1, 2016. Rent expense was $120,000 per year, payable in installments of $10,000 per month. The future minimum lease payments under these operating leases are as follows below,</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="174" style='width:130.5pt;padding:0'></td> <td width="26" style='width:19.4pt;padding:0'></td> <td width="106" style='width:79.5pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> </tr> <tr align="left"> <td width="174" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="106" style='width:79.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Years ending December 31,</p> </td> <td width="26" valign="bottom" style='width:19.4pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="151" colspan="3" valign="bottom" style='width:113.3pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;Amount</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2018</p> </td> <td width="26" valign="bottom" style='width:19.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="top" style='width:96.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>120,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2019</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="top" style='width:96.4pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>120,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2020</p> </td> <td width="26" valign="bottom" style='width:19.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="top" style='width:96.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>120,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2021 and thereafter</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>70,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:19.4pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Total</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>430,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> </table> </div> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>NOTE 12 - STOCK ISSUANCE</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>On May 27, 2017, the Company issued 6,670,000 shares of its common stock pursuant to a Board Resolution that provided for the stock issuance to officers, employees, and directors of the Company. There is no vesting period, or restriction to sell in 12 months. As a result the Company recorded the stock based compensation expense $867,100&nbsp;based on the closed price on the grant date.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 13 &#150; PROVISION FOR INCOME TAXES</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Greenkraft uses the liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. During fiscal 2017, the company incurred net losses and, therefore, had no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. As of December 31, 2017, the tax years 2013 through 2016, and 2011 through 2016 are subject to examination by the federal and California taxing authorities, respectively.&nbsp;At December 31, 2017 and 2016, deferred tax assets consisted of the following:</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0" width="100%" style='width:100.0%'> <tr align="left"> <td style='padding:0'></td> <td width="22" style='width:4.5pt;padding:0'></td> <td width="26" style='width:5.25pt;padding:0'></td> <td width="131" style='width:97.5pt;padding:0'></td> <td width="22" style='width:4.5pt;padding:0'></td> <td width="22" style='width:4.5pt;padding:0'></td> <td width="26" style='width:4.5pt;padding:0'></td> <td width="149" style='width:111.75pt;padding:0'></td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2017</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2016</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Deferred tax assets</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,201,199</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,593,960</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Less: Valuation allowance</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>(1,201,199)</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>(1,593,960)</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Net deferred tax assets</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>-</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>-</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2017</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2016</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Accumulated net operating loss</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>5,719,996</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>4,688,119</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Tax rate</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>21%</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>34%</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Deferred tax assets</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,201,199</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,593,960</p> </td> </tr> </table> </div> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>NOTE 14 - LIQUIDITY</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The accompanying financial statements have been prepared in accordance to FASB Subtopic 205-40, Presentation of Financial Statements&#151;Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity&#146;s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity&#146;s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). Greenkraft&#146;s management evaluated the current financial situation of the company and believes the company has no going concern within one year<b>.</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>During the year ended December 31, 2017, the Company incurred a loss from continuing operation of $1,031,794 and a net loss $1,031,877 and the stockholders&#146; deficit was $2,621,065 and the working capital was $966,516. The working capital deficit have been majority funded by accounts payable to its related parties and related party debt. &nbsp;Based on the financial support letter from the CEO of Greenkraft, he and his related party entities, has no present or future plans or intentions to (A) liquidate Greenkraft, Inc.; (B) sell or otherwise dispose of all, or a significant portion of, its investment in the Company or otherwise change its capital structure; (C) discontinue providing financial support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues. Based on the cash burn calculation, the Company is expected to have sufficient cash flow to cover the normal business operation for the twelve month-ended December 31, 2018. In the next 12 months, the Company will continue to receive sales orders, recognize revenue by selling the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligation as they become due. </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Management believes they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers&#146; contracts and delivering alternative fuel trucks to them; (b) reclassify accounts payable- related parties and related parties&#146; debt as non- current liabilities in amount of $816,334 and $1,901,916, respectively, &nbsp;which is related to the financial support letter from the CEO, &nbsp;and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on terms acceptable to the Company.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b>NOTE 13 &#150; SUBSEQUENT EVENTS</b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>On January 24, 2018 $2,000 of an existing promissory note in the amount of $7,500 was converted to 2 million in stocks.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>In first quarter 2018 our CEO provided Greenkraft with $100,000 line of credit.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Nature of Business</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Greenkraft, Inc. is a manufacturer and distributor of automotive products.&nbsp;&nbsp;We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels.&nbsp;&nbsp;We also manufacture and sell alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Basis of Presentation</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The accompanying financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Reclassifications</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Certain prior year amounts have been reclassified to conform with the current year presentation.&nbsp;</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Use of estimates</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The preparation of financial statements in conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Concentration of credit risk</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade receivables. The Company places its cash with high credit quality financial institutions. At times, such cash may be in excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its customers and, as a consequence, believes that the receivable credit risk exposure is limited.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Cash and cash equivalents</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Cash equivalents are highly liquid investments with an original maturity of three months or less. </p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Accounts Receivable</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Trade accounts receivable consist of amounts due from the sale of trucks. Accounts receivable are uncollateralized customer obligations due under normal trade terms requiring payment within 90 days of receipt of the invoice. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. At December 31, 2017 and 2016, the Company characterized $3,600 and $47,791 as uncollectible, respectively. At December 31, 2017, the accounts receivable represents one customer from sales of parts.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Inventories</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Inventories are primarily raw materials. Inventories are valued at the lower of, cost as determined on a weighted average cost basis, or market.&nbsp;&nbsp;Market value is determined by reference to selling prices after the balance sheet date or to management&#146;s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition of its inventories to identify slow-moving and obsolete inventories to determine if valuation allowance is required. Costs of raw material inventories include purchase and related costs incurred in bringing the products to their present location and condition. The estimated cost of inventory not expected to be converted to cash within one year is reflected as &#147;Inventory, long term&#148; in the balance sheet.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Property and equipment</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of&nbsp;$10,944 and $8,205 are recognized for the year ended December 31, 2017 and 2016.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Research and development</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Costs incurred in connection with the development of new products and manufacturing methods are charged to selling, general and administrative expenses as incurred. During the years ended December 31, 2017 and 2016, $162 and $17,545, respectively, were expensed as research and development costs.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Long Lived Assets</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In accordance with Financial Accounting Standards Board (&#147;FASB&#148;) Accounting Standards Codification (&#147;ASC&#148;) 360, Property, Plant and<b><i>&nbsp;</i></b>Equipment, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicated that their<b><i>&nbsp;</i></b>carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the<b><i>&nbsp;</i></b>market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the<b><i>&nbsp;</i></b>amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of<b><i>&nbsp;</i></b>losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold<b><i>&nbsp;</i></b>or disposed significantly before the end of its estimated useful life.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><b><i>Revenue recognition</i></b></p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'>Greenkraft recognizes revenue when persuasive evidence of an arrangement exists, products and/or services have been delivered, the sales price is fixed or determinable, and collectability is reasonably assured. This typically occurs when the product is shipped or delivered to the customer. Cash payments received prior to delivery of products are deferred until the products are delivered. Also, there was funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC). The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR. These funds are paid directly to the Company and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue. The Company has received previously $2,024,000 million from the CEC related to the sale of CNG and propane trucks as of December 31, 2017 and December 31, 2016. &nbsp;Because of the age of the incentives received, the previously received $1.284 million from CEC will be returned in order to be replaced with new current incentives that buyers can apply for. &nbsp;Therefore, company has converted the deferred income of $1.284 million to debt as of December 31, 2017. This incentive amount will be returned at a rate of $20,000 per month for 64 months. &nbsp;The company has already returned $120,000. The new current incentives are available at a rate of $11,000 per vehicle for over 14,000 lbs that buyers can apply to for Greenkraft CNG truck purchases. &nbsp;There are also other new incentives available for Greenkraft trucks through other agencies from $25,000 to $100,000. The amount of short term debt is $240,000 and long term debt is $924,000 as of December 31, 2017.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Income taxes</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. These assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to reverse.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>We have net operating loss carry forwards available to reduce future taxable income. Future tax benefits for these net operating losses carry forwards are recognized to the extent that realization of these benefits is considered more likely than not. To the extent that we will not realize a future tax benefit, a valuation allowance is established.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Earning or Loss per Share</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>The Company accounts for earnings per share pursuant to ASC 260, Earnings per Share, which requires disclosure on the financial statements of &quot;basic&quot; and &quot;diluted&quot; earnings (loss) per share. Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the year. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding plus common stock equivalents (if dilutive) related to stock options and warrants for each year. As there was a net loss for the year ended December 31, 2017 and 2016, basic and diluted losses per share are the same for the year ended December 31, 2017 and 2016 as any potentially dilutive shares would be considered anti-dilutive.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Related Parties</i></b></p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><i>Recently issued accounting pronouncements</i></b> </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:normal'>In August 2014, the Financial Accounting Standards Board (&quot;FASB&quot;) issued a new standard on disclosure of uncertainties about an entity's ability to continue as a going concern. The new standard provides guidance on determining when and how reporting entities must disclose going concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity's ability to continue as a going concern within one year of the date of issuance of the entity's financial statements. Additionally, an entity must provide certain disclosures if there is substantial doubt about the entity's ability to continue as a going concern. The new standard will be effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2016, and for annual period and interim periods thereafter. The adoption of this guidance did not have a significant impact on the Company&#146;s financial statement. </p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>In May 2014, the FASB issued an accounting standards update (ASC 606) which modifies the requirements for identifying, allocating, and recognizing revenue related to the achievement of performance conditions under contracts with customers. This update also requires additional disclosure related to the nature, amount, timing, and uncertainty of revenue that is recognized under contracts with customers. This guidance is effective for fiscal and interim periods beginning after December 15, 2016 and is required to be applied retrospectively to all revenue arrangements. The Company is currently assessing the effects this guidance may have on its financial statements.</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;line-height:11.0pt'>Other recently issued accounting standards are not expected to have a material effect on the Company's financial statements.</p> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="294" style='width:220.5pt;padding:0'></td> <td width="22" style='width:2.25pt;padding:0'></td> <td width="22" style='width:8.25pt;padding:0'></td> <td width="136" style='width:102.0pt;padding:0'></td> <td width="20" style='width:8.25pt;padding:0'></td> <td width="22" style='width:8.25pt;padding:0'></td> <td width="20" style='width:8.25pt;padding:0'></td> <td width="135" style='width:101.25pt;padding:0'></td> <td width="11" style='width:8.25pt;padding:0'></td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="178" colspan="3" valign="top" style='width:119.25pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2017</b></p> </td> <td width="22" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="166" colspan="3" valign="top" style='width:117.75pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2016</b></p> </td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Equipment</p> </td> <td width="22" valign="bottom" style='width:2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="136" valign="bottom" style='width:102.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 109,428&nbsp;</p> </td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="146" colspan="2" valign="bottom" style='width:109.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 109,428&nbsp;</p> </td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Less Accumulated Depreciation</p> </td> <td width="22" valign="bottom" style='width:2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="136" valign="bottom" style='width:102.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (46,758)</p> </td> <td width="20" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'></td> <td width="22" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'></td> <td width="20" valign="bottom" style='width:8.25pt;padding:0in .1in 0in .1in'></td> <td width="146" colspan="2" valign="bottom" style='width:109.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (35,815)</p> </td> </tr> <tr align="left"> <td width="294" valign="bottom" style='width:220.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Total</p> </td> <td width="22" valign="bottom" style='width:2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="136" valign="bottom" style='width:102.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 62,669&nbsp;</p> </td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="22" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="20" valign="bottom" style='width:8.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="146" colspan="2" valign="bottom" style='width:109.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&#160;&#160; $&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 73,613&nbsp;</p> </td> </tr> </table> </div> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:8.35pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="268" style='width:200.95pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="29" style='width:21.9pt;padding:0'></td> <td width="128" style='width:96.15pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="29" style='width:21.9pt;padding:0'></td> <td width="127" style='width:95.5pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="180" colspan="3" valign="top" style='width:134.95pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2017</b></p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'><b>&nbsp;</b></p> </td> <td width="179" colspan="3" valign="top" style='width:134.3pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31, 2016</b></p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Raw materials</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,496,082</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,894,095</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Prepaid Inventory</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>509,365&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'></td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Total Inventory</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>2,005,447</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,894,095</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'></td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Less carrying value of inventory not deemed to be current</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>0</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>539,229</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="128" valign="bottom" style='width:96.15pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="127" valign="bottom" style='width:95.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="268" valign="bottom" style='width:200.95pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>Inventories, included in current assets</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="128" valign="bottom" style='width:96.15pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>2,005,447</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="29" valign="bottom" style='width:21.9pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;$</p> </td> <td width="127" valign="bottom" style='width:95.5pt;border:none;border-bottom:double black 2.25pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,354,866</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> </table> </div> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="174" style='width:130.5pt;padding:0'></td> <td width="26" style='width:19.4pt;padding:0'></td> <td width="106" style='width:79.5pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> <td width="23" style='width:16.9pt;padding:0'></td> </tr> <tr align="left"> <td width="174" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="106" style='width:79.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Years ending December 31,</p> </td> <td width="26" valign="bottom" style='width:19.4pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="151" colspan="3" valign="bottom" style='width:113.3pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;Amount</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2018</p> </td> <td width="26" valign="bottom" style='width:19.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="top" style='width:96.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>120,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2019</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="top" style='width:96.4pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>120,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2020</p> </td> <td width="26" valign="bottom" style='width:19.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="top" style='width:96.4pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>120,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>2021 and thereafter</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>70,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:19.4pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="23" valign="bottom" style='width:16.9pt;border:none;border-top:solid black 1.0pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="174" valign="bottom" style='width:130.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Total</p> </td> <td width="26" valign="bottom" style='width:19.4pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="129" colspan="2" valign="bottom" style='width:96.4pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>430,000</p> </td> <td width="23" valign="bottom" style='width:16.9pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> </table> </div> <!--egx--><p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0" width="100%" style='width:100.0%'> <tr align="left"> <td style='padding:0'></td> <td width="22" style='width:4.5pt;padding:0'></td> <td width="26" style='width:5.25pt;padding:0'></td> <td width="131" style='width:97.5pt;padding:0'></td> <td width="22" style='width:4.5pt;padding:0'></td> <td width="22" style='width:4.5pt;padding:0'></td> <td width="26" style='width:4.5pt;padding:0'></td> <td width="149" style='width:111.75pt;padding:0'></td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2017</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2016</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="157" colspan="2" valign="bottom" style='width:103.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="175" colspan="2" valign="bottom" style='width:116.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Deferred tax assets</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,201,199</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,593,960</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Less: Valuation allowance</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>(1,201,199)</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>(1,593,960)</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Net deferred tax assets</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>-</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>-</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>December 31,</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2017</b></p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:solid black 1.5pt;padding:0in .1in 0in .1in'> <p align="center" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:center;line-height:normal'><b>2016</b></p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Accumulated net operating loss</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>5,719,996</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>4,688,119</p> </td> </tr> <tr align="left"> <td valign="bottom" style='padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Tax rate</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>21%</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:solid black 1.0pt;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>34%</p> </td> </tr> <tr align="left"> <td valign="bottom" style='background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>Deferred tax assets</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:5.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="131" valign="bottom" style='width:97.5pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,201,199</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="22" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> </td> <td width="26" valign="bottom" style='width:4.5pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;line-height:normal'>$</p> </td> <td width="149" valign="bottom" style='width:111.75pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0in .1in 0in .1in'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;line-height:107%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal'>1,593,960</p> </td> </tr> </table> </div> 162 17545 285389 285389 1901916 1901916 525000 36000 10944 8205 109428 109428 -46758 -35815 62669 73613 1496082 1894095 509365 2005447 1894095 0 539229 3500000 2000000 15000 0.001 7500 7500000 7500 0 400000000 0.0001 103102718 96432718 120000 120000 120000 70000 430000 6670000 867100 1201199 1593960 -1201199 -1593960 5719996 4688119 0.2100 0.3400 1201199 1593960 0001398529 2016-12-31 0001398529 2015-12-31 0001398529 2017-01-01 2017-12-31 0001398529 2017-06-30 0001398529 2017-12-31 0001398529 2016-01-01 2016-12-31 0001398529 us-gaap:CommonStockMember 2016-01-01 2016-12-31 0001398529 us-gaap:AdditionalPaidInCapitalMember 2016-01-01 2016-12-31 0001398529 fil:AccumulatedDeficitMember 2016-01-01 2016-12-31 0001398529 us-gaap:CommonStockMember 2015-12-31 0001398529 us-gaap:AdditionalPaidInCapitalMember 2015-12-31 0001398529 fil:AccumulatedDeficitMember 2015-12-31 0001398529 us-gaap:CommonStockMember 2016-12-31 0001398529 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0001398529 fil:AccumulatedDeficitMember 2016-12-31 0001398529 us-gaap:CommonStockMember 2017-01-01 2017-12-31 0001398529 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-12-31 0001398529 fil:AccumulatedDeficitMember 2017-01-01 2017-12-31 0001398529 us-gaap:CommonStockMember 2017-12-31 0001398529 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001398529 fil:AccumulatedDeficitMember 2017-12-31 0001398529 fil:PacificPremierBankMember 2016-03-01 2016-03-31 0001398529 2015-10-31 0001398529 2016-04-22 0001398529 2017-05-27 0001398529 fil:DefianceCompanyLlcOwnedByPresidentMember 2017-12-31 0001398529 fil:DefianceCompanyLlcOwnedByPresidentMember 2016-12-31 0001398529 fil:PresidentAndHisRelatedEntitiesMember 2017-12-31 0001398529 fil:PresidentAndHisRelatedEntitiesMember 2016-12-31 0001398529 fil:FirstWarnerPropertiesLlcRelatedByPresidentMemberfil:LeaseAgreements1Member 2016-12-31 iso4217:USD shares iso4217:USD shares pure Net of allowance for doubtful accounts of $0 EX-101.SCH 3 gkit-20171231.xsd XBRL TAXONOMY EXTENSION SCHEMA 000500 - Disclosure - Note 7- Common Stock (Details) link:presentationLink link:definitionLink link:calculationLink 000270 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Cash and Cash Equivalents (Policies) link:presentationLink link:definitionLink link:calculationLink 000200 - Disclosure - Note 14 - Liquidity link:presentationLink link:definitionLink link:calculationLink 000070 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 000390 - Disclosure - Note 4 - Inventories: Schedule of Inventory, Current (Tables) link:presentationLink link:definitionLink link:calculationLink 000370 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Recently Issued Accounting Pronouncements (Policies) link:presentationLink link:definitionLink link:calculationLink 000100 - Disclosure - Note 4 - Inventories link:presentationLink link:definitionLink link:calculationLink 000290 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Inventories (Policies) link:presentationLink link:definitionLink link:calculationLink 000450 - Disclosure - Note 3- Property and Equipment (Details) link:presentationLink link:definitionLink link:calculationLink 000220 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Nature of Business (Policies) link:presentationLink link:definitionLink link:calculationLink 000530 - Disclosure - Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) link:presentationLink link:definitionLink link:calculationLink 000380 - Disclosure - Note 3- Property and Equipment: Property, Plant and Equipment (Tables) link:presentationLink link:definitionLink link:calculationLink 000170 - Disclosure - Note 11 - Commitment and Contingencies link:presentationLink link:definitionLink link:calculationLink 000190 - Disclosure - Note 13 - Provision For Income Taxes link:presentationLink link:definitionLink link:calculationLink 000230 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Basis of Presentation (Policies) link:presentationLink link:definitionLink link:calculationLink 000210 - Disclosure - Note 13 - Subsequent Events link:presentationLink link:definitionLink link:calculationLink 000520 - Disclosure - Note 12 - Stock Issuance (Details) link:presentationLink link:definitionLink link:calculationLink 000510 - Disclosure - Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Details) link:presentationLink link:definitionLink link:calculationLink 000340 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Income Taxes (Policies) link:presentationLink link:definitionLink link:calculationLink 000140 - Disclosure - Note 8 - Major Customers link:presentationLink link:definitionLink link:calculationLink 000460 - Disclosure - Note 3- Property and Equipment: Property, Plant and Equipment (Details) link:presentationLink link:definitionLink link:calculationLink 000310 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Policies) link:presentationLink link:definitionLink link:calculationLink 000160 - Disclosure - Note 10 - Short Term Debt link:presentationLink link:definitionLink link:calculationLink 000080 - Disclosure - Note 2 - Related Party Transactions link:presentationLink link:definitionLink link:calculationLink 000030 - Statement - Statement of Financial Position - Parenthetical link:presentationLink link:definitionLink link:calculationLink 000350 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Earning Or Loss Per Share (Policies) link:presentationLink link:definitionLink link:calculationLink 000060 - Statement - GREENKRAFT, INC. - Statements of Cash Flows link:presentationLink link:definitionLink link:calculationLink 000020 - Statement - GREENKRAFT, INC. - Balance Sheets link:presentationLink link:definitionLink link:calculationLink 000320 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Long Lived Assets (Policies) link:presentationLink link:definitionLink link:calculationLink 000250 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Use of Estimates (Policies) link:presentationLink link:definitionLink link:calculationLink 000470 - Disclosure - Note 4 - Inventories: Schedule of Inventory, Current (Details) link:presentationLink link:definitionLink link:calculationLink 000300 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Policies) link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 000280 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Accounts Receivable (Policies) link:presentationLink link:definitionLink link:calculationLink 000440 - Disclosure - Note 2 - Related Party Transactions (Details) link:presentationLink link:definitionLink link:calculationLink 000360 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Related Parties (Policies) link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - GREENKRAFT, INC. - Statements of Operations link:presentationLink link:definitionLink link:calculationLink 000330 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Revenue Recognition (Policies) link:presentationLink link:definitionLink link:calculationLink 000180 - Disclosure - Note 12 - Stock Issuance link:presentationLink link:definitionLink link:calculationLink 000430 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Details) link:presentationLink link:definitionLink link:calculationLink 000260 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Concentration of Credit Risk (Policies) link:presentationLink link:definitionLink link:calculationLink 000150 - Disclosure - Note 9 - Long Term Debt link:presentationLink link:definitionLink link:calculationLink 000110 - Disclosure - Note 5 - Line of Credit link:presentationLink link:definitionLink link:calculationLink 000050 - Statement - GREENKRAFT, INC.- Statements of Changes in Stockholders' Deficit link:presentationLink link:definitionLink link:calculationLink 000420 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Details) link:presentationLink link:definitionLink link:calculationLink 000120 - Disclosure - Note 6 - Convertible Notes link:presentationLink link:definitionLink link:calculationLink 000400 - Disclosure - Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Tables) link:presentationLink link:definitionLink link:calculationLink 000480 - Disclosure - Note 5 - Line of Credit (Details) link:presentationLink link:definitionLink link:calculationLink 000090 - Disclosure - Note 3- Property and Equipment link:presentationLink link:definitionLink link:calculationLink 000410 - Disclosure - Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables) link:presentationLink link:definitionLink link:calculationLink 000130 - Disclosure - Note 7- Common Stock link:presentationLink link:definitionLink link:calculationLink 000490 - Disclosure - Note 6 - Convertible Notes (Details) link:presentationLink link:definitionLink link:calculationLink 000240 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Reclassifications (Policies) link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 4 gkit-20171231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 gkit-20171231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 gkit-20171231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Debt Instrument, Unamortized Discount Inventory, Gross Related Party Transactions 2 Note 5 - Line of Credit Represents the textual narrative disclosure of Note 5 - Line of Credit, during the indicated time period. (Repayments) under lines of credit Statement [Line Items] Common Stock Share-based compensation Revenue Common stock Total Non-Current Assets Deferred Tax Assets, Gross Cash, at beginning of period Cash, at beginning of period Cash, at end of period Investing Activities: Amortization of Convertible Notes Payable Represents the monetary amount of Amortization of Convertible Notes Payable, during the indicated time period. Balance, Value Balance, Value Balance, Value Interest income TOTAL COSTS AND EXPENSES Cost of revenue Long term debt CEC Represents the monetary amount of Long term debt CEC, as of the indicated date. Short term debt Accounts payable - related party ASSETS Entity Filer Category Deferred Tax Assets, Operating Loss Carryforwards Common Stock, Par or Stated Value Per Share Long-term Debt, Gross Use of Estimates Note 8 - Major Customers Represents the textual narrative disclosure of Note 8 - Major Customers, during the indicated time period. Accounts payable {1} Accounts payable Additional Paid-in Capital Total non-current liabilities Total Current Liabilities Document Fiscal Year Focus Amendment Flag Entity Registrant Name Long-term Debt, Maturities, Repayments of Principal in Year Four Convertible Debt Debt Instrument, Convertible, Conversion Price Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Schedule of Deferred Tax Assets and Liabilities Basis of Presentation Note 4 - Inventories Net cash provided by Investing Activities Net cash provided by Investing Activities Research and development Deferred rent - net of current Accounts payable Total Assets Total Assets Cash Entity Well-known Seasoned Issuer Long-term Debt President and His Related Entities Related Party Transacations [Axis] Schedule of Future Minimum Rental Payments for Operating Leases Net decrease in cash Net decrease in cash Decrease in restricted cash Inventory Contributed Officer Salary Stockholders' Deficit Deferred rent - current Statement of Financial Position Long-term Debt, Maturities, Repayments of Principal in Year Two Property, Plant and Equipment, Other, Gross Policies Financing Activities: Deferred income {1} Deferred income Accounts payable - related party {1} Accounts payable - related party Shares Issued from Convertible Notes Payable, Shares Represents the SharesIssuedFromConvertibleNotesPayableShares (number of shares), during the indicated time period. Reclassification for Shares Issued, Value Represents the monetary amount of Reclassification for Shares Issued, Value, during the indicated time period. TOTAL STOCKHOLDERS' DEFICIT Long term loan - related party Inventory long term, net Represents the monetary amount of Inventory long term, net, as of the indicated date. Deferred Tax Assets, Net of Valuation Allowance Details Revenue Recognition Reclassifications Note 2 - Related Party Transactions Accrued expense Change in operating assets and liabilities: Reclassification for Shares Issued, Shares Represents the Reclassification for Shares Issued, Shares (number of shares), during the indicated time period. Equity Component Total Other income (expense) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT Prepaid Inventory Represents the monetary amount of Prepaid Inventory, as of the indicated date. Trading Symbol Document Period End Date First Warner Properties LLC - Related by President Property and Equipment Note 6 - Convertible Notes Cash paid for interest Interest (expense) Common Stock, Shares Authorized Accumulated deficit TOTAL LIABILITIES TOTAL LIABILITIES Accrued liabilities LIABILITIES AND STOCKHOLDERS' DEFICIT Entity Central Index Key Cancellation of Letter of Credit Cancellation of Letter of Credit. Line of Credit [Axis] Recently Issued Accounting Pronouncements Long Lived Assets Nature of Business Note 11 - Commitment and Contingencies Balance, Shares Balance, Shares Balance, Shares Gross Profit Gross Profit Non-Current Liabilities Other liabilities Covertible notes payable Document Fiscal Period Focus Entity Common Stock, Shares Outstanding Deferred Tax Assets, Valuation Allowance Line of Credit Property, Plant and Equipment Cash paid for income taxes Supplemental Cash Flow Information: Contributed officer salary Represents the monetary amount of Contributed officer salary, during the indicated time period. Statement [Table] Property and equipment, net Inventory, Raw Materials, Gross Note 10 - Short Term Debt Note 3- Property and Equipment Deferred rent Statement of Stockholders Equity Long term payable - related party defiance Represents the monetary amount of Long term payable - related party defiance, as of the indicated date. Inventories, net Current Assets: Document Type Deferred Tax Assets, Net of Valuation Allowance, Current Lease Agreements Accounts Receivable Note 13 - Provision For Income Taxes Represents the textual narrative disclosure of Note 13 - Provision For Income Taxes, during the indicated time period. Net Cash used in Financing Activities Net Cash used in Financing Activities Accounts receivable Amortization of debt discount from beneficial conversion feature Statement of Cash Flows Shares issued compensation, Value Represents the monetary amount of Shares issued compensation, Value, during the indicated time period. Weighted average number of common shares outstanding - Basic and Diluted Costs and Expenses: Commitments and Contingencies TOTAL CURRENT ASSETS TOTAL CURRENT ASSETS Entity Public Float Notes Payable, Current Defiance Company, LLC - Owned by President Related Party Transacations Note 7- Common Stock Shares issued compensation, Shares Represents the Shares issued compensation, Shares (number of shares), during the indicated time period. Net loss Income (Loss) from operations Income (Loss) from operations Common Stock, Shares Outstanding Common Stock, Shares Issued Entity Voluntary Filers Long-term Debt, Maturities, Repayments of Principal in Year Three Income Taxes Inventories Note 13 - Subsequent Events Prepaid Expense {1} Prepaid Expense Depreciation expense Additional paid-in capital Long term debt - related party CEE Represents the monetary amount of Long term debt - related party CEE, as of the indicated date. Related party debt Current Liabilities: Other Inventory, Noncurrent Research and Development Cash and Cash Equivalents Note 12 - Stock Issuance Represents the textual narrative disclosure of Note 12 - Stock Issuance, during the indicated time period. Note 9 - Long Term Debt Net cash used in Operating Activities Net cash used in Operating Activities Adjustments to reconcile net loss to net cash used in operating activities: Accumulated (Deficit) Basic and Diluted Income (Loss) per share Long term loan - related party FWP Represents the monetary amount of Long term loan - related party FWP, as of the indicated date. Current Fiscal Year End Date Repayments of Lines of Credit Related Party Transactions 2 [Axis] Tables/Schedules Concentration of Credit Risk Note 14 - Liquidity Represents the textual narrative disclosure of Note 14 - Liquidity, during the indicated time period. Note 1 - Organization and Business and Significant Accounting Policies Notes Income Statement Deferred Tax Assets Tax Rate Represents the Deferred Tax Assets Tax Rate, as of the indicated date. Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months Pacific Premier Bank Machinery and Equipment, Gross Schedule of Inventory, Current Related Parties Represents the textual narrative disclosure of Related Parties, during the indicated time period. Earning Or Loss Per Share Shares Issued from Convertible Notes Payable, Value Represents the monetary amount of Shares Issued from Convertible Notes Payable, Value, during the indicated time period. Equity Components [Axis] Selling, general, and administrative Deferred income Accounts receivable, net of allowance for doubtful accounts Entity Current Reporting Status Document and Entity Information: EX-101.PRE 7 gkit-20171231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 8 greenkraft10kdraftv4revis2.gif IMAGE begin 644 greenkraft10kdraftv4revis2.gif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

N7;MV[=JU M:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU M:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU M:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU M:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;N&[MJU:]>N7;MV[=JU:]>N7;MV[=JU M:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU M:]>N7;MV[=JU:]>N7?^[=NW:M6O7KEV[=NW:M6O7KEV[=NW:M6O7KEV[=NW: MM6O77'/--==<<\TUUUQSS3777'/--==<<\TUUYQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUZ%QSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/.-==<<\TUUUS_ M@\XUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--=>@<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/-->A<<\TUUUQSS3777'/--==<_W/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777(/.-==<<\TUUUQSS377 M7'/.-==<<\TUUUQSS34 N7;MVK5KUZY=NW;M&CITUZY=NW;MVK5KUZY=NW;M MVK5KUZY=NW;MVK5KUZY=NW;MVK5KUZY=NW;MVK5KUZY=NW;MVK5KUZY=NW;M MVK5KUZY=NW;MVK5KUZY=N_]V[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV M[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV M[=JU:]>N7;MV[=JU:]>N7;MV[=JU:^?0H4-W[=JU:]>N7;MV[=JU:]>N7;MV M[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV M[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N77/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS37_UUQSS3777'/--==<<\TUUUQSS3777'/--==<@\XUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQS#3K77'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M@\XUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TU_]=<@PXZZ%QSS377 M7(,..M=<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7(,..M=<<\TUUUQSS3777'/--==<<\TUZ%QSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777',-.M=<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUPC"R*L ML,**+*W(PHHLK,@BBRRLR,(**X?,(R,)**]9<<\TU MUP!D%B)6LEC)8B4+$2M9UJY=NW;MVK5KUZY=NW;M&KIKUZY=NW;MVK5KUZY= MNW;MVK5KUZXAZH+#00,<#2@X<.# @0,'#G XH-" E:Q 77 X<(##00,'#1HT M<- 1Y=#K*Y=NW;MVC56A[K@<-" @HP&.+H@NG;MVK5HUZY=BW;M&J(N7!PT MD$&A09&@@0,'.'#@D$'!@8,Q0P,'%R[5KUUB- MD>' 87_!@YP=$%T[=JU:]>N7;MV[=JU:]?0H;MV[=JU:]>N7;MV[=JU:]>N M7;MVS=JU:]<..7#@P &7+ERZ<.G"!8>#!@ZN7;MVC14%!PT<'&+%BA6K+C@< M-'" X]"U:]>N7;MV[=HL' X:.,#!RC777'/--==8<\TUUUQSS3777',-(A0T MX$ 7UUQSS36R7'/-->BPDH,##CC !2*RL&(-*[.P(@LKAW2!@P,.-. #M=< M8\TUUUR#@P,-.( #*]=<$\TUUUQSS3777'/--=><@PXZZ%QSS3777'/--==< M<\TUUUQSS3777'/--==<A<<\TUUUQSS3777'/--==<<\TUUUQS33377(,.*Q0XT( #UUQSS377 M7'/--=<@@L,UUUASS35=.. #JQ<<\TUUUQSS36'-$"! S(@N7@@\XUUUQSS377 M7'/--==<<\TUUUQSS3776'/--=>P@H,##5!PS3777'/--==<<\TUUUQSS377 M7-.% P[((,LUUUQSS3777'/--3A,X( #K%QSS3777'/-(0XXT$ 7UUQSS377 M7'/--==<<\TUUUQSS3777(.# S+(P0H$# M#2!RS3777'/--=%<<\TUUUQSS37G7'/--==<<\TUUUQSS3767'/--8@TX( # MAUQSS3777'/--=?_7'/--==<<\TUUUR#SC777'/--==<<\TUUUQSS3777'/- M-==<<\TUU[!"@0,-.'#--==<<\TUUUQSS3777'/--==P@H,#.,ARS3777'/--=<@@T@##C@0R#777'/--==<<\TUUUQSS3777'/-->A<<\TU MUUQSS3777'/--==<<\TUUUQSS3777'.-+#(X, $%K!QR""*'K(+((3G(P,HU MUUQSS35=.- !=!<<\TUUUQSS377'.* X=<<\TUUUQSS377'.) PYT<P0D$##C@0R#777'.--==<N M75M5"E I:.A8X7" ]JU:]<..6C@P &K4JNN7;MV[=JU:__7KEV[=NU:M&O6 MKEV[=NW:M6O7KEV[MLK!! ==KEV[=NW:M6O7KEV[=NW:M7/HT*&[=NW:M6O7 MKEV[=NW:M6O7KEV[=NW:M6O79,EH0 ''M6O7KEV[=NW:M6NSHEV[=NU:%P<. M*+"Z=NW:M6O7KK&BX* !!437KEV[=NW:-6L.'#3 P>K:M6O7KEV[=NV:K%* M2@%B=0V1@P9=KEV[=HT5#@<3'. HQ>K:M6O7KEV[=NW:M6O7KEV[=NW:M6O7 MHEV[=NW:M6N(*#AH<.C:M6O7KEV[=NW:M6O7KEV[=NT:NFO7KEV[=NW:M6O7 MKEV[=NW:M6O7KEV[A@XK%#C0@ /_UUQSS3717'/--==<8\TUUUQSS36!3." M#+)<<\TUUEQSS377!#*! PXT@,@UUUQSS3777(.# Q,XP,HUUUQSS3777'/- M-=>44@HII4!SS2$..##&-==<<\TU733@@ ,.<&'--==<<\TUUUQSC3777'/- M-==<<\TUUUQSC2S77'/--==<A<<\TUUUQSS3777'/--==<<\TUUUQSS3777',-*S@XX .UUQSS3777'/- M-==<<\TUUUQSS35C.- !:Q<<\TUUUQSC2S77--% Q0X@ ,KUUQSS3777!.( M PXT,,8U_]=<<\TUUUQSS370!%(*(*6L<@T7#># RC777'/--=?@T( ##5# MRC777'/--==<<\TUT5QSC3777'/--==<(TL7UUQSS3777(.(#!,X,,8UUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS M#3044-" ]=<<\TUUU@SRS717'/--==<<\TU733@ ZL7'/--==<<\TUUUQS M31<.-. #JQ<<\TUUUPCBP,3.""#+-=<<\TUUEQSS377K$)**8"4P@H%#N!P MS3777'.--=>P@H,#$S@@ RO77'/--==<<\TUUUQSS2S77'/--?_77-,%#M>< M<\TUUUQSB ,.--#%-==<8\TUUUQSS3777'/--==<<\TUZ%QSS3777'/--==< M<\TUUUQSS3777'.--==<N7;O6Q4$#"EVN7;MV[=JU M:]>LE0I$JA2I' TN74/DP &%!A0.7;MV[=JU:]>N7;MV[=JU M:]>N6N7;MV[=JU:]>N7;MV[=JU:^C07;MV[=JU M:]>N7;MV[=JU:]>N7;MV[=JU:ZQP.'#_@$/6M6O7KEV[=NW:M6O7KEV[=BU' M PH.$%V[=NW:M6O1KEV[=HT5C@8.'.!@=>W:M6O6<#AHX.#0M6O7KEV[=NT: M*U*E G%IX.#0M6O7KEV[=NW:M6NL<#1PX&!"%U;6KEV[=NW:M6O7KEV[=NW: M& >!KEV[=NW:M4,.&CC <>W:M6O7KEV[=NW:M6O7KIU#AP[=M6O7KEV[=NW: M-==<<\TUUUQSS3777'/--=<@TH #$SC RC777'/--=9<<\TUT5QSS3777(.# M PTX<,@UUUQSS3777'/--;-<L7'/- M-==<<\TUI0""_X,##01RS3776'/--=%<<\TUUUS#2A<.-.! PYT@8@UUUQS MS3777'/--=>PPH4##LARS3777'/--5TT0($#.%QSS3777'/--==<<\TUUUQS MS3777(/.-==<<\TUUUQSS3777'/--==<<\TUUUQSS377=.% PXXT(4UUUQS MS3777'/--==<<\TUU[#2@ ,.--"%+-=<<\TUUUQCS3777'/--:S@X( ##CC M!2O77'.-+%PXT$ #.'2!B"S77,/*(3@TX( ,7)0BRS777'/--==8<\TUUEQS MC36LX." PTXT ..71QR"&''')(%S@XX$ #.+!RS3777',-*S@XX/] PX@ MN7;MV[=JU:]>N76/%"M&A,5VX=.G2 MAN7;MV[=JU:^BN7;MV M[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;,VZ]JU:]>N7;MV M[=JU:]>N7;MV[9JU:]>N7;MV[=JU:[.N7;MV[=JU:]=:6;MV[=JU:]>N6;MV M[=JJ4J4 E2(5B!2K_VO7KEV[=NW:M6O7KEV[=NW:M6O7KEV[=NW:-6O7KEV[ M=NW:M6O7KEV[=NW:M6O7KEV[=NW:M6O7KEV[=NW:M6O77',-.NA<<\TUUUQS MS3777'/--==<<\TUUUQS33377'/--==<<\TUUUQSS3777'/--=%<<\TUUT1S MS3777'/--==$,XLUUT1SS3777'/--==<<\TUUUASS3776'/--==<<\TUUUQS MC3777'/--;*40DHIJ[!"2B"D!$(**]9<N7;MV[=JU:]>N7;O&BA2I0*16 M7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N M7;MV[=JU:]>N7;MV[=JU:]>N7;MV[5JT:]>N7;MV[=JU:]>N7;MV[=JU:]>N M7;MV[=JU:]>N7;MV[9JU:]>N7;MV[=JU:]>N0;MV[=JU:]>N7;MV[=HU:X%( M!2IU[=JU:]>N7;-6"E"I4H!*K;IV[=JU:]>N7;MV[=JU:]9*!2I%BM6U:]>N M7;MV[=JU:]>B7;MF[=JU:]>N77/--==<<\TUUUQSS3777'/--==<@\XUUUQS MS?\UUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<8\TUUUQSS3777'/--==< M<\TUUUQ32BFED&+--==8<\TUUUQS#2NED!((*:644LHUUUQSS37H7'/--==< M<\TUI9!22BG07'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS377H(/.-==<<\TUUUQSS3777'/--==<<\TUUUQCS3777'.-+-9< M<\TUUEQSS376R(((*ZS(P8LTUK)1"2BF M +((:RP(@LKYN7;MV[=JU:]>N7;MV[1H.' U87;MV[1HK!X>N7;LFZ]JU M:UTH6+MV[9JL:]>N'7)PZ-JU:]>N7;.&PP&K<]<..4!T[=JU:]>N71M3JA0I M+@X.7;MV[=JU:UPH.#AT[=HU:*M(!2K%I4$@:->NL;IV#5$#0*4 E;IV[5H7 M'+.N7;O&RC777'/--==<" R#777'/-(0YT<( !ZMKUZY=N\8* MAP,9LJY=NW;M&B(9#<9N78L& MJ!0@!X!67;MV#4<75HA8'6K0Y=JU:]>N73O4(! I4H%(E2K%Q<$AUUQSS377 M7'/--==P(@,.K5S#RC77 M7',-*SCD<,TUK*!SS377(-( (M=<@T,#8UQSS3777'/--6,XP,HUU^300!?7 M7'/--==<PX@ KUUQS#2LY.&#--==<<\TU75!P2"FE ME )(*:1PX< AUUQSS3777,/*-==<>@@PY T*%#APX=.G3HT*%#A^[:M6O7KEU#).@0HE;7KEV[QNJ0H$.($'49 MTP41JVO7KK'J,J;+(437KEV;=>W:-59CNG3I@<\TUUUQSS3777'/--=%<<\TUUUQS_\TUUUQSS3777'/--==<<\TU MUUQS#3KHH(,..NB@@PXZZ*"##CKHH'/--==<<\TUUUQSC3777'.--==<<\TU MUEQS#3377'/--==<<\TUUT1SS3777'/--==<<\TUUUQSS3777'----=8<\TU MUT1SS3777&/--=%<8\TUUUQ3"BF!D%(**8&4L@HKUUQSS3777'/--== LTHI M@9!2"BO77',-*Z60$@@II 1"2BFKL'+--==<<\TUUUQSC3777'/--;-<<\TU MUUQSS3777'/--==<<\TUUUQS#3K7H(,..NB@@PXZZ*"##CKH7',..M=<<\TU MUUASS3777'/--==<<__--==<<\TUUUQCS3717'/--==<<\TUUUASS3776'/- M-==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--=%<(XLII 12"B"ED!(( M*:6L8LHJT+!2RBJED!((*:6L=<N7;MV_^W:M6C7KEV[=NW: MM6O7KEV[=NW:-73HT*%#A^[:M6O7KEV[=@W=M6O7KEV[=NW:M6O7KEV[=NW: MM6O7KEV[=NW:M6O7KEF[=NW:M6O7KEV[=NV:M6O7K%V[=NW:M6O7K%V[=NW: MM6O7KEV[=LW:M6O7KEV[=NW:M6O7KEF[=NW:M6O7KEV[=NW:-6O7KEV[=BW: M-6O7KEVS=NW:M6O7K%V[=LW:M6O7K%V[=LW:M6O7KEV[9NW:M6O7KEV[=NW: MM6O7KJ%#APX=.G37KJ%#=^W:M6O7KEV[AN[:M6O7K%V[=NV:M6O7KEV[=LW: MM6O7KEV[=NW:M6O7KEV[=NW:M?]KUZY=NW;MVK5KUZY=NW;MVK5KUZY=NW;- M-==<<\TUUUQCS3777'/--==<<\TUUUQSS3776'/--==<<\TUUUQSS3767'/- M-==<<\TUUUQS33377'/--==<<\TUUUQSS3777'/--==<<<\TUUUQSS3777'/- M-==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--=><<\TUUUQSS3777'/- M-==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/- M-==<<\W_-==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/-->B@@PXZZ*"##CKH7'/--==<<\TUZ*!S MS3777'/--=>PPLHUUUQ32BFL7'/--==<<\TUK)1B#3K77'/--==<@@\XUUUQSS377D%+*-==<0PHKI;!RC3770'/--:NP M<@TKT5QCS377R'*-+-!< XTLUUQS#337S +--="PLL;IV#=JU:]>@7;L6[=JU:]>N7;MV M[=JU:]>NH4.'#ATZ=.BN7;MV[=JU:]>N7;MV[=JU:]=8E5H%[=JU4K)6E2K% M:E6I5= "06.U:A6T4JR@E8(&C16K5?^EH*TJ5I:J56EHK&"MHK5LT"K2EEC M!>U:*5;7KEDK58J5K%*E5I5B!:W4JE+75I6"5FI5*5:KKI6R=NW:M6O7KEV[ M=NW:-73HT*%#=^W:M6O7KEV[=NW:M6O7KEV[=FW5JE*LKEDK5:J4M4#05ETK MQ:J4-5*E2JTJ98U5*6NL5I6Z]HQ5*5:K6+%:%0@:*]= $\@UUZP"32#6E +- M*JN4 LTJK9"R2BFEL&)-*:Q<4PHKZ+!2RC6KD,+**M&LPLHJK)2R"BNE6,-* M*:RPL DTILI0B2RFLE")+*=>4P@HTJ[!R32G67+,*-->P4LHJI00" MS2K7K,+**M"L4@HKI5S3"BFK7'--*:M<<\TJK%Q3"BNK7%/*-:6PLLHUJY2R M2BFKE')-*:RP4@HKUUQSS3777'/--==<<\TUUZ"##CK77'/--==<_W/--==< M<\TUUUQSS3770%.*-=>48LTUI4!S#2NK7%/*(:5$LPHTK)3""BNKE,+**J6P MPLHJI93"2BG0F+)**:64PLHJUT0#2"FLK,)**=&4 LTJK)3""BFLK%(**[*4 M4DH@T%Q32B"KK%+**J64PDHIJY0232FLE+(**ZN4@ M@\XUUUQSS3777'/--==<<\TUUUQSS3777&/--== <\TUUEQSC3716',---=8 M<\TUUD!SC3707&,---=8<\TUT%ASC3776/]S#3376'/--==< \TUT%QCS377 M6'/--=%8L78-F[1HT:]>N6;MF[=HU5J6N6;L&S=HU:->L15O%ZMJU:]>N M7;MV[=JU:]>N7;N&[MJU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N M7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;-V[=JU:]>N M7;MVS=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=JU:ZQ6 M7;MV[=JU:]>N7;O_=NW:M6O7KEV#MNK:M6O7KEV[=NW:M570KEV[=NW:M6O7 MKEV[=NW:M6O7KEV[=NW:M6O7KEV[=NW:M6O7KEV[=NW:M6O7KEV[=NW:M6O7 MKEV[=NW:M6O7KEV[=NW:M6O77'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQS MS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TU_]=< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUZ*!SS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==< M<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--?_77'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS377 M7'/--==<<\TUUUQSS3777'/--==<<\TUUUQSS34 N7;MVK5KUZY=NW;MVK5K MUZY=NW;MVK5KUZY=NW;_[=JU:]>N7;MV[=JU:]>N7;MV[=JU:]>N7;MV[=HU M=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ M=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ M=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ M=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ M=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ=.C0H4.'#ATZ MG73HT*&##CKHH(,..NB@@PXZZ*"##CKHH(,..NB@@PXZZ*"##CKHH(,..NB@ M@PXZZ*"##CKHH(,..NB@@PXZZ*"##CKHH(,..NB@@PXZZ*"##CKHH(,..NB@ M@PXZZ*"##CKHH(,..NB@@PXZZ*"##CKHH(,..NB@@PXZZ*"##CKHH(,..NB@ 9@PXZZ*"##CKHH(,..NB@@PXZZ*"#3D .P$! end EX-31.1 9 f311.htm CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14 OR 15D-14 OF THE EXCHANGE ACT PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 Converted by EDGARwiz


Exhibit 31.1

 

Certification Of The Chief Executive Officer - Pursuant to Rule 13a-14 or 15d-14 of the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 

I, George Gemayel, certify that:

 

 

 

 

1.

I have reviewed this Annual Report on Form 10-K of Greenkraft, Inc.

 

 

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.

 

 

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report.

 

 

 

4.

I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15(d)-15(f)) for the Registrant and have:

 

 

 

 

a.

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

 

 

b.

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

 

 

c.

Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

 

 

d.

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's fourth fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

 

 

5.

I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

 

 

 

 

a.

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

 

 

 

 

b.

Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

 

By: /s/ George Gemayel

George Gemayel

President and Chief Executive Officer

April 16, 2018



EX-31.2 10 f312.htm CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14 OR 15D-14 OF THE EXCHANGE ACT PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 Converted by EDGARwiz

Exhibit 31.2

 

Certification Of The Chief Financial Officer - Pursuant to Rule 13a-14 or 15d-14 of the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 

I, Sosi Bardakjian, certify that:

 

 

 

 

1.

I have reviewed this Annual Report on Form 10-K of Greenkraft, Inc.

 

 

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.

 

 

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report.

 

 

 

4.

I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15(d)-15(f)) for the Registrant and have:

 

 

 

 

a.

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

 

 

b.

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

 

 

c.

Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

 

 

d.

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's fourth fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

 

 

5.

I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

 

 

 

 

a.

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

 

 

 

 

b.

Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

 

By: /s/ Sosi Bardakjian

Sosi Bardakjian

Chief Financial Officer, Principal Accounting Officer

April 16, 2018




EX-32.1 11 f321.htm CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 Converted by EDGARwiz

Exhibit 32.1

 

Certification Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

In connection with the Annual Report of Greenkraft, Inc., (the “Company”) on Form 10-K for the year ended December 31, 2017, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, George Gemayel, Chief Executive Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

 

 

1.

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

 

2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

By: /s/ George Gemayel

George Gemayel

President and Chief Executive Officer

 

April 16, 2018



EX-32.2 12 f322.htm CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 Converted by EDGARwiz

Exhibit 32.2

 

Certification Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

In connection with the Annual Report of Greenkraft, Inc., (the “Company”) on Form 10-K for the year ended December 31, 2017, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Sosi Bardakjian, Chief Financial Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

 

 

1.

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

 

2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

By: /s/ Sosi Bardakjian

Sosi Bardakjian

Chief Financial Officer

 

April 16, 2017



XML 13 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document and Entity Information - USD ($)
12 Months Ended
Dec. 31, 2017
Jun. 30, 2017
Document and Entity Information:    
Entity Registrant Name GREENKRAFT, INC.  
Document Type 10-K  
Document Period End Date Dec. 31, 2017  
Trading Symbol gkit  
Amendment Flag false  
Entity Central Index Key 0001398529  
Current Fiscal Year End Date --12-31  
Entity Common Stock, Shares Outstanding 103,102,718  
Entity Public Float   $ 1
Entity Filer Category Smaller Reporting Company  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Well-known Seasoned Issuer No  
Document Fiscal Year Focus 2017  
Document Fiscal Period Focus FY  
XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
GREENKRAFT, INC. - Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 18,339 $ 379,078
Accounts receivable, net of allowance for doubtful accounts [1] 3,600 47,791
Inventories, net 1,496,082 1,354,866
Prepaid Inventory 509,365  
TOTAL CURRENT ASSETS 2,027,386 1,781,735
Inventory long term, net   539,229
Property and equipment, net 62,669 73,613
Total Non-Current Assets 62,669 612,842
Total Assets 2,090,055 2,394,577
Current Liabilities:    
Accounts payable 23,325 85,745
Accounts payable - related party 130,000 846,334
Accrued liabilities 108,219 139,743
Deferred income 475,995 1,785,295
Covertible notes payable 7,500 7,500
Other liabilities 75,000 75,000
Related party debt   1,901,916
Short term debt 240,000  
Deferred rent - current 831 1,332
Total Current Liabilities 1,060,870 4,842,865
Non-Current Liabilities    
Deferred rent - net of current 8,000 8,000
Long term payable - related party defiance 285,389  
Long term loan - related party FWP 525,000  
Long term debt - related party CEE 5,945  
Long term loan - related party 1,901,916  
Long term debt CEC 924,000  
Total non-current liabilities 3,650,250 8,000
TOTAL LIABILITIES 4,711,120 4,850,865
Commitments and Contingencies
Stockholders' Deficit    
Common stock 103,103 96,433
Additional paid-in capital 4,105,577 3,245,147
Accumulated deficit (6,829,745) (5,797,868)
TOTAL STOCKHOLDERS' DEFICIT (2,621,065) (2,456,288)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 2,090,055 $ 2,394,577
[1] Net of allowance for doubtful accounts of $0
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statement of Financial Position - Parenthetical - shares
Dec. 31, 2017
May 27, 2017
Dec. 31, 2016
Statement of Financial Position      
Common Stock, Shares Authorized 400,000,000   400,000,000
Common Stock, Shares Issued 103,102,718 6,670,000 96,432,718
Common Stock, Shares Outstanding 103,102,718   96,432,718
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
GREENKRAFT, INC. - Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement    
Revenue $ 1,153,429 $ 846,957
Cost of revenue 765,027 688,405
Gross Profit 388,402 158,552
Costs and Expenses:    
Research and development 162 17,545
Selling, general, and administrative 552,934 918,423
Share-based compensation 867,100  
TOTAL COSTS AND EXPENSES 1,420,196 935,968
Income (Loss) from operations (1,031,794) (777,416)
Interest (expense) (87) (16,305)
Interest income 4 759
Total Other income (expense) (83) (15,546)
Net loss $ (1,031,877) $ (792,962)
Basic and Diluted Income (Loss) per share $ (0.01) $ (0.01)
Weighted average number of common shares outstanding - Basic and Diluted 100,452,992 94,137,786
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
GREENKRAFT, INC.- Statements of Changes in Stockholders' Deficit - USD ($)
Common Stock
Additional Paid-in Capital
Accumulated (Deficit)
Total
Balance, Value at Dec. 31, 2015 $ 88,883 $ 3,194,197 $ (5,004,906) $ (1,721,826)
Balance, Shares at Dec. 31, 2015 88,882,718      
Contributed Officer Salary   36,000   36,000
Amortization of Convertible Notes Payable   15,000   15,000
Reclassification for Shares Issued, Value $ 50 (50)    
Reclassification for Shares Issued, Shares 50,000      
Shares Issued from Convertible Notes Payable, Value $ 7,500     7,500
Shares Issued from Convertible Notes Payable, Shares 7,500,000      
Net loss     (792,962) (792,962)
Balance, Value at Dec. 31, 2016 $ 96,433 3,245,147 (5,797,868) $ (2,456,288)
Balance, Shares at Dec. 31, 2016 96,432,718      
Shares Issued from Convertible Notes Payable, Shares       7,500,000
Net loss     (1,031,877) $ (1,031,877)
Shares issued compensation, Value $ 6,670 860,430   867,100
Shares issued compensation, Shares 6,670,000      
Balance, Value at Dec. 31, 2017 $ 103,103 $ 4,105,577 $ (6,829,745) $ (2,621,065)
Balance, Shares at Dec. 31, 2017 103,102,718      
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
GREENKRAFT, INC. - Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Statement of Cash Flows    
Net loss $ (1,031,877) $ (792,962)
Adjustments to reconcile net loss to net cash used in operating activities:    
Contributed officer salary   36,000
Amortization of debt discount from beneficial conversion feature   15,000
Share-based compensation 867,100  
Depreciation expense 10,944 8,205
Change in operating assets and liabilities:    
Accounts receivable 44,191 276,134
Inventory 398,013 180,062
Accounts payable (32,420) (1,148,032)
Accounts payable - related party 100,000 87,500
Accrued expense (31,524) 39,364
Deferred income (145,300) (100,475)
Deferred rent (501) 9,332
Prepaid Expense (509,365)  
Net cash used in Operating Activities (360,739) (1,389,872)
Investing Activities:    
Decrease in restricted cash   1,506,152
Net cash provided by Investing Activities   1,506,152
Financing Activities:    
(Repayments) under lines of credit   (1,998,850)
Net Cash used in Financing Activities   (1,998,850)
Net decrease in cash (360,739) (1,882,570)
Cash, at beginning of period 379,078 2,261,648
Cash, at end of period 18,339 379,078
Supplemental Cash Flow Information:    
Cash paid for interest 87 15,394
Cash paid for income taxes
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies
12 Months Ended
Dec. 31, 2017
Notes  
Note 1 - Organization and Business and Significant Accounting Policies

NOTE 1 - ORGANIZATION AND BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

 

Nature of Business

 

Greenkraft, Inc. is a manufacturer and distributor of automotive products.  We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels.  We also manufacture and sell alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels.

 

Basis of Presentation

 

The accompanying financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).

 

Reclassifications

 

Certain prior year amounts have been reclassified to conform with the current year presentation. 

 

Use of estimates

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.

 

Concentration of credit risk

 

Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade receivables. The Company places its cash with high credit quality financial institutions. At times, such cash may be in excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its customers and, as a consequence, believes that the receivable credit risk exposure is limited.

 

Cash and cash equivalents

 

Cash equivalents are highly liquid investments with an original maturity of three months or less.

 

Accounts Receivable

 

Trade accounts receivable consist of amounts due from the sale of trucks. Accounts receivable are uncollateralized customer obligations due under normal trade terms requiring payment within 90 days of receipt of the invoice. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. At December 31, 2017 and 2016, the Company characterized $3,600 and $47,791 as uncollectible, respectively. At December 31, 2017, the accounts receivable represents one customer from sales of parts.

 

Inventories

 

Inventories are primarily raw materials. Inventories are valued at the lower of, cost as determined on a weighted average cost basis, or market.  Market value is determined by reference to selling prices after the balance sheet date or to management’s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition of its inventories to identify slow-moving and obsolete inventories to determine if valuation allowance is required. Costs of raw material inventories include purchase and related costs incurred in bringing the products to their present location and condition. The estimated cost of inventory not expected to be converted to cash within one year is reflected as “Inventory, long term” in the balance sheet.

 

Property and equipment

 

Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of $10,944 and $8,205 are recognized for the year ended December 31, 2017 and 2016.

 

Research and development

 

Costs incurred in connection with the development of new products and manufacturing methods are charged to selling, general and administrative expenses as incurred. During the years ended December 31, 2017 and 2016, $162 and $17,545, respectively, were expensed as research and development costs.

 

Long Lived Assets

 

In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, Property, Plant and Equipment, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicated that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.

 

Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances.

 

Revenue recognition

 

Greenkraft recognizes revenue when persuasive evidence of an arrangement exists, products and/or services have been delivered, the sales price is fixed or determinable, and collectability is reasonably assured. This typically occurs when the product is shipped or delivered to the customer. Cash payments received prior to delivery of products are deferred until the products are delivered. Also, there was funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC). The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR. These funds are paid directly to the Company and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue. The Company has received previously $2,024,000 million from the CEC related to the sale of CNG and propane trucks as of December 31, 2017 and December 31, 2016.  Because of the age of the incentives received, the previously received $1.284 million from CEC will be returned in order to be replaced with new current incentives that buyers can apply for.  Therefore, company has converted the deferred income of $1.284 million to debt as of December 31, 2017. This incentive amount will be returned at a rate of $20,000 per month for 64 months.  The company has already returned $120,000. The new current incentives are available at a rate of $11,000 per vehicle for over 14,000 lbs that buyers can apply to for Greenkraft CNG truck purchases.  There are also other new incentives available for Greenkraft trucks through other agencies from $25,000 to $100,000. The amount of short term debt is $240,000 and long term debt is $924,000 as of December 31, 2017.

 

Income taxes

 

Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. These assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to reverse.

 

We have net operating loss carry forwards available to reduce future taxable income. Future tax benefits for these net operating losses carry forwards are recognized to the extent that realization of these benefits is considered more likely than not. To the extent that we will not realize a future tax benefit, a valuation allowance is established.

 

Earning or Loss per Share

 

The Company accounts for earnings per share pursuant to ASC 260, Earnings per Share, which requires disclosure on the financial statements of "basic" and "diluted" earnings (loss) per share. Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the year. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding plus common stock equivalents (if dilutive) related to stock options and warrants for each year. As there was a net loss for the year ended December 31, 2017 and 2016, basic and diluted losses per share are the same for the year ended December 31, 2017 and 2016 as any potentially dilutive shares would be considered anti-dilutive.

 

Related Parties

 

A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

 

Recently issued accounting pronouncements

 

In August 2014, the Financial Accounting Standards Board ("FASB") issued a new standard on disclosure of uncertainties about an entity's ability to continue as a going concern. The new standard provides guidance on determining when and how reporting entities must disclose going concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity's ability to continue as a going concern within one year of the date of issuance of the entity's financial statements. Additionally, an entity must provide certain disclosures if there is substantial doubt about the entity's ability to continue as a going concern. The new standard will be effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2016, and for annual period and interim periods thereafter. The adoption of this guidance did not have a significant impact on the Company’s financial statement.

 

In May 2014, the FASB issued an accounting standards update (ASC 606) which modifies the requirements for identifying, allocating, and recognizing revenue related to the achievement of performance conditions under contracts with customers. This update also requires additional disclosure related to the nature, amount, timing, and uncertainty of revenue that is recognized under contracts with customers. This guidance is effective for fiscal and interim periods beginning after December 15, 2016 and is required to be applied retrospectively to all revenue arrangements. The Company is currently assessing the effects this guidance may have on its financial statements.

 

Other recently issued accounting standards are not expected to have a material effect on the Company's financial statements.

XML 20 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 2 - Related Party Transactions
12 Months Ended
Dec. 31, 2017
Notes  
Note 2 - Related Party Transactions

NOTE 2 – RELATED PARTY TRANSACTIONS

 

The Defiance Company, LLC is a distribution company owned by the Company’s president and controlling stockholder. As of December 31, 2017 and December 31, 2016, accounts payable to the Defiance was $285,389 and $285,389, respectively.  The amount of $285,389 was reclassified to long term accounts payable related party in first quarter 2017.  This debt does not require interest and there is no maturity date at this time.

 

As of December 31, 2017 and December 31, 2016, the Company has note payable for the amount of $1,901,916 and $1,901,916, to its President and his related entities.  All amounts are due, are unsecured and do not bear interest.   This amount was reclassified to long term related party debt because the company’s president does not expect repayment during the next 12 months.

The Company’s president is a member of CEE, LLC which performs emission testing services. During the 12 months ended December 31, 2017, Greenkraft did not have any services performed by CEE, LLC.  Greenkraft owes $ 5,944.91, to CEE, LLC as of December 31, 2017 and December 31, 2016, for previous service services provided by CEE, LLC however this amount was also reclassified to long term related party debt in 2017.  This debt does not require interest and there is no maturity date at this time.

 

G&K Automotive Conversion Inc. is an automotive safety compliance company that can provide services to Greenkraft as necessary.  The president of the company is also the president and controlling shareholder of G&K.  There is no amount due to G&K for Greenkraft as of December 31, 2017 and December 31, 2016.

 

First Warner Properties LLC is the owner of 2215 S. Standard Ave Santa Ana Ca 92707. The company’s president is a member of First Warner. Greenkraft leased the property as assembly plant from First Warner. The term of the lease agreement is from July 2014 to July 2019, with a monthly rent of $27,500. As of December 31, 2016, Greenkraft owed $525,000 to First Warner Properties LLC.  Greenkraft terminated the lease agreement with First Warner Properties LLC at the end of August 2016.  As of December 31, 2017 and December 31, 2016, Greenkraft owed First Warner Properties $525,000 and $525,000, respectively. This debt does not require interest and there is no maturity date at this time.

 

First Standard Real Estate LLC is the owner of 2530 South Birch Street, Santa Ana, CA 92707. Greenkraft president is a member of First Standard Real Estate LLC. Greenkraft leased a portion of the building designated as 20,000 square feet garage area. The term of the lease agreement is from September 1, 2016 to December 31, 2021, with a monthly rent of $10,000. As of December 31, 2017 and December 31, 2016, Greenkraft owes rent expense of $130,000 and $30,000 to First Standard Real Estate LLC, respectively.

 

Gem Works LLC is a separate company in the automotive business for vehicles and its owner is related to our Company’s CEO.  Greenkraft charged Gem Work, LLC $180, 152 net sales of e-vehicle acting as agent after gross and net revenue analysis.

 

The Company reclassified accounts payable- related parties of $816,334 and related parties’ debt of $1,901,916 as non- current liabilities as of March 31, 2017. These amounts were reclassified to long term related party debt because the company’s president does not expect repayment through 2018. This debt does not require interest and there is no maturity date at this time.

 

The CEO contributed his payroll to the company about $0 and $36,000 for 12 months ended December 31, 2016. The CEO did not charge the Company salary for the year ended December 31, 2017.

XML 21 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3- Property and Equipment
12 Months Ended
Dec. 31, 2017
Notes  
Note 3- Property and Equipment

NOTE 3- PROPERTY AND EQUIPMENT

 

For the years ended December 31, 2017 and 2016, depreciation expense of fixed assets totaled approximately $10,944 and $8,205, respectively. For the year 2017 we did not purchase fixed assets. Fixed assets comprised the following as of December 31, 2017 and 2016.  

 

 

 

December 31, 2017

 

December 31, 2016

Equipment

 

 

   $             109,428 

   $                109,428 

Less Accumulated Depreciation

 

 

                    (46,758)

                       (35,815)

Total

 

 

   $                 62,669 

   $                    73,613 

XML 22 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Inventories
12 Months Ended
Dec. 31, 2017
Notes  
Note 4 - Inventories

NOTE 4 – INVENTORIES

 

Greenkraft’s 2017 inventory is $2,005,447.  For Greenkraft’s 2016, the inventory was $1,894,095.

 

 

 

December 31, 2017

 

December 31, 2016

Raw materials

 

 $

1,496,082

 

 

 $

1,894,095

 

Prepaid Inventory

 

 

509,365 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Inventory

 

 

2,005,447

 

 

 

1,894,095

 

 

 

 

 

 

 

 

 

Less carrying value of inventory not deemed to be current

 

 

0

 

 

 

539,229

 

 

 

 

 

 

 

 

 

 

Inventories, included in current assets

 

 $

2,005,447

 

 

 $

1,354,866

 

 

At the end of each reporting period, management has estimated that portion of inventory not expected to be converted to cash within one year and reflected that amount as “Inventory, long term” in the accompanying balance sheets.

XML 23 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 5 - Line of Credit
12 Months Ended
Dec. 31, 2017
Notes  
Note 5 - Line of Credit

NOTE 5 – LINE OF CREDIT

 

In March 2016, the Company cancelled the line of credit of $3,500,000 and paid off the line of credit balance of $2,000,000 with Pacific Premier Bank. Due to the cancellation of line of credit, the Company is no longer required to maintain a restricted cash balance.

XML 24 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 6 - Convertible Notes
12 Months Ended
Dec. 31, 2017
Notes  
Note 6 - Convertible Notes

NOTE 6 – CONVERTIBLE NOTES

 

Convertible promissory notes were issued in the aggregate amount of $15,000 in October 2015 for the marketing and advertising services received in 2015. The term of the notes is due on demand. Simple interest of 1% is payable upon demand. Prior to maturity the notes may be converted for common stock at a conversion price of $0.001.

 

The Company evaluated the embedded conversion feature within the above convertible notes under ASC 815-15 and ASC 815-40 and determined embedded conversion feature does not meet the definition of a liability. Then the Company evaluated the conversion feature for a beneficial conversion feature at inception. The Company accounted for the intrinsic value of a Beneficial Conversion Feature inherent to the convertible note payable and a total debt discount of $15,000 was recorded.  $15,000 was recorded, directly to interest expense at inception.

 

On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.

 

As of December 31, 2017, convertible note has a balance of $7,500 net of $0 unamortized debt discount.

XML 25 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 7- Common Stock
12 Months Ended
Dec. 31, 2017
Notes  
Note 7- Common Stock

NOTE 7- COMMON STOCK

 

As of December 31 2017 and 2016, the Company had 400,000,000 Common shares authorized with a par value of $0.0001 per share, of which 103,102,718 and 96,432,718 shares were issued and outstanding, respectively. On April 22, 2016, the holder of convertible note converted $7,500 of principal to 7,500,000 common shares.

XML 26 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 8 - Major Customers
12 Months Ended
Dec. 31, 2017
Notes  
Note 8 - Major Customers

NOTE 8 – MAJOR CUSTOMERS

 

In 2017, the Company revenues were from several vehicle dealers for conversions of Isuzu and truck sales to Greenkraft dealers.

 

In 2016, the Company had two customers each making up 10% or more of total truck sales revenue. The customers individually made up 52% and 21%.

XML 27 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 9 - Long Term Debt
12 Months Ended
Dec. 31, 2017
Notes  
Note 9 - Long Term Debt

NOTE 9 - LONG TERM DEBT

 

The Company has long term debt of $924,000 from amounts converted from deferred income of $1.284 million to long term debt which consist of incentives received by the CEC that were converted to debt due to age of incentives and for the company to apply to new incentives available by the CEC. The payment terms require $20,000 per month for approximately 64 months and the terms do not require interest.

XML 28 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Short Term Debt
12 Months Ended
Dec. 31, 2017
Notes  
Note 10 - Short Term Debt

NOTE 10 - SHORT TERM DEBT

 

Company has short term debt of $240,000 which is part of 12 months of amounts to be paid for incentives from the 1.284 million company received in the past.

XML 29 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 11 - Commitment and Contingencies
12 Months Ended
Dec. 31, 2017
Notes  
Note 11 - Commitment and Contingencies

NOTE 11 – COMMITMENT AND CONTINGENCIES

 

The Company leases space for its offices and warehouse under lease expiring 5 years after September 1, 2016. Rent expense was $120,000 per year, payable in installments of $10,000 per month. The future minimum lease payments under these operating leases are as follows below,

 

 

 

 

 

 

Years ending December 31,

 

 Amount

 

 

 

 

2018

 

120,000

 

2019

 

120,000

 

2020

 

120,000

 

2021 and thereafter

 

70,000

 

 

 

 

 

Total

$

430,000

 

XML 30 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 12 - Stock Issuance
12 Months Ended
Dec. 31, 2017
Notes  
Note 12 - Stock Issuance

NOTE 12 - STOCK ISSUANCE

 

On May 27, 2017, the Company issued 6,670,000 shares of its common stock pursuant to a Board Resolution that provided for the stock issuance to officers, employees, and directors of the Company. There is no vesting period, or restriction to sell in 12 months. As a result the Company recorded the stock based compensation expense $867,100 based on the closed price on the grant date.

XML 31 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 13 - Provision For Income Taxes
12 Months Ended
Dec. 31, 2017
Notes  
Note 13 - Provision For Income Taxes

NOTE 13 – PROVISION FOR INCOME TAXES

 

Greenkraft uses the liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. During fiscal 2017, the company incurred net losses and, therefore, had no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. As of December 31, 2017, the tax years 2013 through 2016, and 2011 through 2016 are subject to examination by the federal and California taxing authorities, respectively. At December 31, 2017 and 2016, deferred tax assets consisted of the following:

 

 

 

December 31,

 

 

December 31,

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Deferred tax assets

 

$

1,201,199

 

 

$

1,593,960

Less: Valuation allowance

 

 

(1,201,199)

 

 

 

(1,593,960)

Net deferred tax assets

 

$

-

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

December 31,

 

 

 

2017

 

 

 

2016

Accumulated net operating loss

 

$

5,719,996

 

 

$

4,688,119

Tax rate

 

 

21%

 

 

 

34%

Deferred tax assets

 

$

1,201,199

 

 

$

1,593,960

XML 32 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 14 - Liquidity
12 Months Ended
Dec. 31, 2017
Notes  
Note 14 - Liquidity

NOTE 14 - LIQUIDITY

 

The accompanying financial statements have been prepared in accordance to FASB Subtopic 205-40, Presentation of Financial Statements—Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). Greenkraft’s management evaluated the current financial situation of the company and believes the company has no going concern within one year.

 

During the year ended December 31, 2017, the Company incurred a loss from continuing operation of $1,031,794 and a net loss $1,031,877 and the stockholders’ deficit was $2,621,065 and the working capital was $966,516. The working capital deficit have been majority funded by accounts payable to its related parties and related party debt.  Based on the financial support letter from the CEO of Greenkraft, he and his related party entities, has no present or future plans or intentions to (A) liquidate Greenkraft, Inc.; (B) sell or otherwise dispose of all, or a significant portion of, its investment in the Company or otherwise change its capital structure; (C) discontinue providing financial support to Greenkraft, Inc; or (D) pursue the collection if the company has cash flow issues. Based on the cash burn calculation, the Company is expected to have sufficient cash flow to cover the normal business operation for the twelve month-ended December 31, 2018. In the next 12 months, the Company will continue to receive sales orders, recognize revenue by selling the qualified trucks for the government incentive program, committed financial support from the owner and his related parties to fund its ongoing operation until the Company is able to meet its own obligation as they become due.

 

Management believes they will have sufficient funds to support their business based on the following: (a) revenues derived from signing up new dealers’ contracts and delivering alternative fuel trucks to them; (b) reclassify accounts payable- related parties and related parties’ debt as non- current liabilities in amount of $816,334 and $1,901,916, respectively,  which is related to the financial support letter from the CEO,  and (c) the CEO can raise additional funds needed to support our business plan. Management intends to seek new capital from owners and related parties to provide needed funds, as necessary. However, there can be no assurance that the Company can raise any additional funds, or if it can, that such funds will be on terms acceptable to the Company.

 

The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

XML 33 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 13 - Subsequent Events
12 Months Ended
Dec. 31, 2017
Notes  
Note 13 - Subsequent Events

NOTE 13 – SUBSEQUENT EVENTS

 

On January 24, 2018 $2,000 of an existing promissory note in the amount of $7,500 was converted to 2 million in stocks.

 

In first quarter 2018 our CEO provided Greenkraft with $100,000 line of credit.

XML 34 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Nature of Business (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Nature of Business

Nature of Business

 

Greenkraft, Inc. is a manufacturer and distributor of automotive products.  We manufacture commercial forward cabin trucks for vehicles weighing from 14,001 lbs. to 33,000 lbs. in alternative fuels.  We also manufacture and sell alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels.

XML 35 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Basis of Presentation (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Basis of Presentation

Basis of Presentation

 

The accompanying financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).

XML 36 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Reclassifications (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Reclassifications

Reclassifications

 

Certain prior year amounts have been reclassified to conform with the current year presentation. 

XML 37 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Use of Estimates (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Use of Estimates

Use of estimates

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States necessarily requires management to make estimates and assumptions that affect the amounts reported in the financial statements. We regularly evaluate estimates and judgments based on historical experience and other relevant facts and circumstances. Actual results could differ from those estimates.

XML 38 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Concentration of Credit Risk (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Concentration of Credit Risk

Concentration of credit risk

 

Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade receivables. The Company places its cash with high credit quality financial institutions. At times, such cash may be in excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its customers and, as a consequence, believes that the receivable credit risk exposure is limited.

XML 39 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Cash and Cash Equivalents (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Cash and Cash Equivalents

Cash and cash equivalents

 

Cash equivalents are highly liquid investments with an original maturity of three months or less.

XML 40 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Accounts Receivable (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Accounts Receivable

Accounts Receivable

 

Trade accounts receivable consist of amounts due from the sale of trucks. Accounts receivable are uncollateralized customer obligations due under normal trade terms requiring payment within 90 days of receipt of the invoice. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts based on historical collection experience and a review of the current status of trade accounts receivable. At December 31, 2017 and 2016, the Company characterized $3,600 and $47,791 as uncollectible, respectively. At December 31, 2017, the accounts receivable represents one customer from sales of parts.

XML 41 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Inventories (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Inventories

Inventories

 

Inventories are primarily raw materials. Inventories are valued at the lower of, cost as determined on a weighted average cost basis, or market.  Market value is determined by reference to selling prices after the balance sheet date or to management’s estimates based on prevailing market conditions. Management writes down the inventories to market value if it is below cost. Management also regularly evaluates the composition of its inventories to identify slow-moving and obsolete inventories to determine if valuation allowance is required. Costs of raw material inventories include purchase and related costs incurred in bringing the products to their present location and condition. The estimated cost of inventory not expected to be converted to cash within one year is reflected as “Inventory, long term” in the balance sheet.

XML 42 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Property and Equipment

Property and equipment

 

Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is provided using the straight-line method over the estimated useful lives of the assets, which are ten years for all the equipment held by the Company. Depreciation expense of $10,944 and $8,205 are recognized for the year ended December 31, 2017 and 2016.

XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Research and Development

Research and development

 

Costs incurred in connection with the development of new products and manufacturing methods are charged to selling, general and administrative expenses as incurred. During the years ended December 31, 2017 and 2016, $162 and $17,545, respectively, were expensed as research and development costs.

XML 44 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Long Lived Assets (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Long Lived Assets

Long Lived Assets

 

In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, Property, Plant and Equipment, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicated that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.

 

Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances.

XML 45 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Revenue Recognition (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Revenue Recognition

Revenue recognition

 

Greenkraft recognizes revenue when persuasive evidence of an arrangement exists, products and/or services have been delivered, the sales price is fixed or determinable, and collectability is reasonably assured. This typically occurs when the product is shipped or delivered to the customer. Cash payments received prior to delivery of products are deferred until the products are delivered. Also, there was funding for the incremental cost of the vehicles was provided by the California Energy Commission (CEC). The CEC provides up to (i) $20,000 per vehicle that are up to 26,000 LBS GVWR and (ii) $26,000 per vehicle that are over 26,000 LBS GVWR. These funds are paid directly to the Company and taken in as deposits until actual delivery of the vehicles at which time it is deemed revenue. The Company has received previously $2,024,000 million from the CEC related to the sale of CNG and propane trucks as of December 31, 2017 and December 31, 2016.  Because of the age of the incentives received, the previously received $1.284 million from CEC will be returned in order to be replaced with new current incentives that buyers can apply for.  Therefore, company has converted the deferred income of $1.284 million to debt as of December 31, 2017. This incentive amount will be returned at a rate of $20,000 per month for 64 months.  The company has already returned $120,000. The new current incentives are available at a rate of $11,000 per vehicle for over 14,000 lbs that buyers can apply to for Greenkraft CNG truck purchases.  There are also other new incentives available for Greenkraft trucks through other agencies from $25,000 to $100,000. The amount of short term debt is $240,000 and long term debt is $924,000 as of December 31, 2017.

XML 46 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Income Taxes (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Income Taxes

Income taxes

 

Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. These assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to reverse.

 

We have net operating loss carry forwards available to reduce future taxable income. Future tax benefits for these net operating losses carry forwards are recognized to the extent that realization of these benefits is considered more likely than not. To the extent that we will not realize a future tax benefit, a valuation allowance is established.

XML 47 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Earning Or Loss Per Share (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Earning Or Loss Per Share

Earning or Loss per Share

 

The Company accounts for earnings per share pursuant to ASC 260, Earnings per Share, which requires disclosure on the financial statements of "basic" and "diluted" earnings (loss) per share. Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the year. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding plus common stock equivalents (if dilutive) related to stock options and warrants for each year. As there was a net loss for the year ended December 31, 2017 and 2016, basic and diluted losses per share are the same for the year ended December 31, 2017 and 2016 as any potentially dilutive shares would be considered anti-dilutive.

XML 48 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Related Parties (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Related Parties

Related Parties

 

A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.

XML 49 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Recently Issued Accounting Pronouncements (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Recently Issued Accounting Pronouncements

Recently issued accounting pronouncements

 

In August 2014, the Financial Accounting Standards Board ("FASB") issued a new standard on disclosure of uncertainties about an entity's ability to continue as a going concern. The new standard provides guidance on determining when and how reporting entities must disclose going concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity's ability to continue as a going concern within one year of the date of issuance of the entity's financial statements. Additionally, an entity must provide certain disclosures if there is substantial doubt about the entity's ability to continue as a going concern. The new standard will be effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2016, and for annual period and interim periods thereafter. The adoption of this guidance did not have a significant impact on the Company’s financial statement.

 

In May 2014, the FASB issued an accounting standards update (ASC 606) which modifies the requirements for identifying, allocating, and recognizing revenue related to the achievement of performance conditions under contracts with customers. This update also requires additional disclosure related to the nature, amount, timing, and uncertainty of revenue that is recognized under contracts with customers. This guidance is effective for fiscal and interim periods beginning after December 15, 2016 and is required to be applied retrospectively to all revenue arrangements. The Company is currently assessing the effects this guidance may have on its financial statements.

 

Other recently issued accounting standards are not expected to have a material effect on the Company's financial statements.

XML 50 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3- Property and Equipment: Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Property, Plant and Equipment

 

 

 

December 31, 2017

 

December 31, 2016

Equipment

 

 

   $             109,428 

   $                109,428 

Less Accumulated Depreciation

 

 

                    (46,758)

                       (35,815)

Total

 

 

   $                 62,669 

   $                    73,613 

XML 51 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Inventories: Schedule of Inventory, Current (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Schedule of Inventory, Current

 

 

 

December 31, 2017

 

December 31, 2016

Raw materials

 

 $

1,496,082

 

 

 $

1,894,095

 

Prepaid Inventory

 

 

509,365 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Inventory

 

 

2,005,447

 

 

 

1,894,095

 

 

 

 

 

 

 

 

 

Less carrying value of inventory not deemed to be current

 

 

0

 

 

 

539,229

 

 

 

 

 

 

 

 

 

 

Inventories, included in current assets

 

 $

2,005,447

 

 

 $

1,354,866

 

XML 52 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Schedule of Future Minimum Rental Payments for Operating Leases

 

 

 

 

 

 

Years ending December 31,

 

 Amount

 

 

 

 

2018

 

120,000

 

2019

 

120,000

 

2020

 

120,000

 

2021 and thereafter

 

70,000

 

 

 

 

 

Total

$

430,000

 

XML 53 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Schedule of Deferred Tax Assets and Liabilities

 

 

 

December 31,

 

 

December 31,

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Deferred tax assets

 

$

1,201,199

 

 

$

1,593,960

Less: Valuation allowance

 

 

(1,201,199)

 

 

 

(1,593,960)

Net deferred tax assets

 

$

-

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

December 31,

 

 

 

2017

 

 

 

2016

Accumulated net operating loss

 

$

5,719,996

 

 

$

4,688,119

Tax rate

 

 

21%

 

 

 

34%

Deferred tax assets

 

$

1,201,199

 

 

$

1,593,960

XML 54 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Details    
Depreciation expense $ 10,944 $ 8,205
XML 55 R43.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Details    
Research and development $ 162 $ 17,545
XML 56 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 2 - Related Party Transactions (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Accounts payable - related party $ 846,334 $ 130,000
Contributed Officer Salary 36,000  
Defiance Company, LLC - Owned by President    
Accounts payable - related party 285,389 285,389
President and His Related Entities    
Notes Payable, Current 1,901,916 $ 1,901,916
First Warner Properties LLC - Related by President | Lease Agreements    
Accounts payable - related party $ 525,000  
XML 57 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3- Property and Equipment (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Details    
Depreciation expense $ 10,944 $ 8,205
XML 58 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3- Property and Equipment: Property, Plant and Equipment (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Details    
Machinery and Equipment, Gross $ 109,428 $ 109,428
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment (46,758) (35,815)
Property, Plant and Equipment, Other, Gross $ 62,669 $ 73,613
XML 59 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Inventories: Schedule of Inventory, Current (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Details    
Inventory, Raw Materials, Gross $ 1,496,082 $ 1,894,095
Prepaid Inventory 509,365  
Inventory, Gross 2,005,447 1,894,095
Other Inventory, Noncurrent $ 0 $ 539,229
XML 60 R48.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 5 - Line of Credit (Details) - Pacific Premier Bank
1 Months Ended
Mar. 31, 2016
USD ($)
Cancellation of Letter of Credit $ 3,500,000
Repayments of Lines of Credit $ 2,000,000
XML 61 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 6 - Convertible Notes (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Apr. 22, 2016
Oct. 31, 2015
Details        
Long-term Debt, Gross       $ 15,000
Debt Instrument, Convertible, Conversion Price       $ 0.001
Covertible notes payable $ 7,500 $ 7,500 $ 7,500  
Shares Issued from Convertible Notes Payable, Shares 7,500,000      
Convertible Debt $ 7,500      
Debt Instrument, Unamortized Discount $ 0      
XML 62 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 7- Common Stock (Details) - $ / shares
Dec. 31, 2017
Dec. 31, 2016
Details    
Common Stock, Shares Authorized 400,000,000 400,000,000
Common Stock, Par or Stated Value Per Share $ 0.0001  
Common Stock, Shares Outstanding 103,102,718 96,432,718
XML 63 R51.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Details)
Dec. 31, 2017
USD ($)
Details  
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months $ 120,000
Long-term Debt, Maturities, Repayments of Principal in Year Two 120,000
Long-term Debt, Maturities, Repayments of Principal in Year Three 120,000
Long-term Debt, Maturities, Repayments of Principal in Year Four 70,000
Long-term Debt $ 430,000
XML 64 R52.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 12 - Stock Issuance (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
May 27, 2017
Dec. 31, 2016
Details      
Common Stock, Shares Issued 103,102,718 6,670,000 96,432,718
Share-based compensation $ 867,100    
XML 65 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Details    
Deferred Tax Assets, Net of Valuation Allowance $ 1,201,199 $ 1,593,960
Deferred Tax Assets, Valuation Allowance (1,201,199) (1,593,960)
Deferred Tax Assets, Operating Loss Carryforwards $ 5,719,996 $ 4,688,119
Deferred Tax Assets Tax Rate 21.00% 34.00%
Deferred Tax Assets, Gross $ 1,201,199 $ 1,593,960
EXCEL 66 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 67 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 68 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 70 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 30 154 1 true 8 0 false 4 false false R1.htm 000010 - Document - Document and Entity Information Sheet http://www.greenkraftinc.com/20171231/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 000020 - Statement - GREENKRAFT, INC. - Balance Sheets Sheet http://www.greenkraftinc.com/20171231/role/idr_GREENKRAFTINCBalanceSheets GREENKRAFT, INC. - Balance Sheets Statements 2 false false R3.htm 000030 - Statement - Statement of Financial Position - Parenthetical Sheet http://www.greenkraftinc.com/20171231/role/idr_StatementOfFinancialPositionParenthetical Statement of Financial Position - Parenthetical Statements 3 false false R4.htm 000040 - Statement - GREENKRAFT, INC. - Statements of Operations Sheet http://www.greenkraftinc.com/20171231/role/idr_GREENKRAFTINCStatementsOfOperations GREENKRAFT, INC. - Statements of Operations Statements 4 false false R5.htm 000050 - Statement - GREENKRAFT, INC.- Statements of Changes in Stockholders' Deficit Sheet http://www.greenkraftinc.com/20171231/role/idr_GREENKRAFTINCStatementsOfChangesInStockholdersDeficit GREENKRAFT, INC.- Statements of Changes in Stockholders' Deficit Statements 5 false false R6.htm 000060 - Statement - GREENKRAFT, INC. - Statements of Cash Flows Sheet http://www.greenkraftinc.com/20171231/role/idr_GREENKRAFTINCStatementsOfCashFlows GREENKRAFT, INC. - Statements of Cash Flows Statements 6 false false R7.htm 000070 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies Note 1 - Organization and Business and Significant Accounting Policies Notes 7 false false R8.htm 000080 - Disclosure - Note 2 - Related Party Transactions Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote2RelatedPartyTransactions Note 2 - Related Party Transactions Notes 8 false false R9.htm 000090 - Disclosure - Note 3- Property and Equipment Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote3PropertyAndEquipment Note 3- Property and Equipment Notes 9 false false R10.htm 000100 - Disclosure - Note 4 - Inventories Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote4Inventories Note 4 - Inventories Notes 10 false false R11.htm 000110 - Disclosure - Note 5 - Line of Credit Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote5LineOfCredit Note 5 - Line of Credit Notes 11 false false R12.htm 000120 - Disclosure - Note 6 - Convertible Notes Notes http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote6ConvertibleNotes Note 6 - Convertible Notes Notes 12 false false R13.htm 000130 - Disclosure - Note 7- Common Stock Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote7CommonStock Note 7- Common Stock Notes 13 false false R14.htm 000140 - Disclosure - Note 8 - Major Customers Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote8MajorCustomers Note 8 - Major Customers Notes 14 false false R15.htm 000150 - Disclosure - Note 9 - Long Term Debt Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote9LongTermDebt Note 9 - Long Term Debt Notes 15 false false R16.htm 000160 - Disclosure - Note 10 - Short Term Debt Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote10ShortTermDebt Note 10 - Short Term Debt Notes 16 false false R17.htm 000170 - Disclosure - Note 11 - Commitment and Contingencies Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote11CommitmentAndContingencies Note 11 - Commitment and Contingencies Notes 17 false false R18.htm 000180 - Disclosure - Note 12 - Stock Issuance Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote12StockIssuance Note 12 - Stock Issuance Notes 18 false false R19.htm 000190 - Disclosure - Note 13 - Provision For Income Taxes Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote13ProvisionForIncomeTaxes Note 13 - Provision For Income Taxes Notes 19 false false R20.htm 000200 - Disclosure - Note 14 - Liquidity Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote14Liquidity Note 14 - Liquidity Notes 20 false false R21.htm 000210 - Disclosure - Note 13 - Subsequent Events Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote13SubsequentEvents Note 13 - Subsequent Events Notes 21 false false R22.htm 000220 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Nature of Business (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesNatureOfBusinessPolicies Note 1 - Organization and Business and Significant Accounting Policies: Nature of Business (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 22 false false R23.htm 000230 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Basis of Presentation (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesBasisOfPresentationPolicies Note 1 - Organization and Business and Significant Accounting Policies: Basis of Presentation (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 23 false false R24.htm 000240 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Reclassifications (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesReclassificationsPolicies Note 1 - Organization and Business and Significant Accounting Policies: Reclassifications (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 24 false false R25.htm 000250 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Use of Estimates (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesUseOfEstimatesPolicies Note 1 - Organization and Business and Significant Accounting Policies: Use of Estimates (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 25 false false R26.htm 000260 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Concentration of Credit Risk (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesConcentrationOfCreditRiskPolicies Note 1 - Organization and Business and Significant Accounting Policies: Concentration of Credit Risk (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 26 false false R27.htm 000270 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Cash and Cash Equivalents (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesCashAndCashEquivalentsPolicies Note 1 - Organization and Business and Significant Accounting Policies: Cash and Cash Equivalents (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 27 false false R28.htm 000280 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Accounts Receivable (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesAccountsReceivablePolicies Note 1 - Organization and Business and Significant Accounting Policies: Accounts Receivable (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 28 false false R29.htm 000290 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Inventories (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesInventoriesPolicies Note 1 - Organization and Business and Significant Accounting Policies: Inventories (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 29 false false R30.htm 000300 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesPropertyAndEquipmentPolicies Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 30 false false R31.htm 000310 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesResearchAndDevelopmentPolicies Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 31 false false R32.htm 000320 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Long Lived Assets (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesLongLivedAssetsPolicies Note 1 - Organization and Business and Significant Accounting Policies: Long Lived Assets (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 32 false false R33.htm 000330 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Revenue Recognition (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesRevenueRecognitionPolicies Note 1 - Organization and Business and Significant Accounting Policies: Revenue Recognition (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 33 false false R34.htm 000340 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Income Taxes (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesIncomeTaxesPolicies Note 1 - Organization and Business and Significant Accounting Policies: Income Taxes (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 34 false false R35.htm 000350 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Earning Or Loss Per Share (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesEarningOrLossPerSharePolicies Note 1 - Organization and Business and Significant Accounting Policies: Earning Or Loss Per Share (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 35 false false R36.htm 000360 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Related Parties (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesRelatedPartiesPolicies Note 1 - Organization and Business and Significant Accounting Policies: Related Parties (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 36 false false R37.htm 000370 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Recently Issued Accounting Pronouncements (Policies) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesRecentlyIssuedAccountingPronouncementsPolicies Note 1 - Organization and Business and Significant Accounting Policies: Recently Issued Accounting Pronouncements (Policies) Policies http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPolicies 37 false false R38.htm 000380 - Disclosure - Note 3- Property and Equipment: Property, Plant and Equipment (Tables) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote3PropertyAndEquipmentPropertyPlantAndEquipmentTables Note 3- Property and Equipment: Property, Plant and Equipment (Tables) Tables 38 false false R39.htm 000390 - Disclosure - Note 4 - Inventories: Schedule of Inventory, Current (Tables) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote4InventoriesScheduleOfInventoryCurrentTables Note 4 - Inventories: Schedule of Inventory, Current (Tables) Tables 39 false false R40.htm 000400 - Disclosure - Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Tables) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote11CommitmentAndContingenciesScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTables Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Tables) Tables 40 false false R41.htm 000410 - Disclosure - Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote13ProvisionForIncomeTaxesScheduleOfDeferredTaxAssetsAndLiabilitiesTables Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables) Tables 41 false false R42.htm 000420 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesPropertyAndEquipmentDetails Note 1 - Organization and Business and Significant Accounting Policies: Property and Equipment (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesPropertyAndEquipmentPolicies 42 false false R43.htm 000430 - Disclosure - Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesResearchAndDevelopmentDetails Note 1 - Organization and Business and Significant Accounting Policies: Research and Development (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote1OrganizationAndBusinessAndSignificantAccountingPoliciesResearchAndDevelopmentPolicies 43 false false R44.htm 000440 - Disclosure - Note 2 - Related Party Transactions (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote2RelatedPartyTransactionsDetails Note 2 - Related Party Transactions (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote2RelatedPartyTransactions 44 false false R45.htm 000450 - Disclosure - Note 3- Property and Equipment (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote3PropertyAndEquipmentDetails Note 3- Property and Equipment (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote3PropertyAndEquipmentPropertyPlantAndEquipmentTables 45 false false R46.htm 000460 - Disclosure - Note 3- Property and Equipment: Property, Plant and Equipment (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote3PropertyAndEquipmentPropertyPlantAndEquipmentDetails Note 3- Property and Equipment: Property, Plant and Equipment (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote3PropertyAndEquipmentPropertyPlantAndEquipmentTables 46 false false R47.htm 000470 - Disclosure - Note 4 - Inventories: Schedule of Inventory, Current (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote4InventoriesScheduleOfInventoryCurrentDetails Note 4 - Inventories: Schedule of Inventory, Current (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote4InventoriesScheduleOfInventoryCurrentTables 47 false false R48.htm 000480 - Disclosure - Note 5 - Line of Credit (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote5LineOfCreditDetails Note 5 - Line of Credit (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote5LineOfCredit 48 false false R49.htm 000490 - Disclosure - Note 6 - Convertible Notes (Details) Notes http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote6ConvertibleNotesDetails Note 6 - Convertible Notes (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote6ConvertibleNotes 49 false false R50.htm 000500 - Disclosure - Note 7- Common Stock (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote7CommonStockDetails Note 7- Common Stock (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote7CommonStock 50 false false R51.htm 000510 - Disclosure - Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote11CommitmentAndContingenciesScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesDetails Note 11 - Commitment and Contingencies: Schedule of Future Minimum Rental Payments for Operating Leases (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote11CommitmentAndContingenciesScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTables 51 false false R52.htm 000520 - Disclosure - Note 12 - Stock Issuance (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote12StockIssuanceDetails Note 12 - Stock Issuance (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote12StockIssuance 52 false false R53.htm 000530 - Disclosure - Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) Sheet http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote13ProvisionForIncomeTaxesScheduleOfDeferredTaxAssetsAndLiabilitiesDetails Note 13 - Provision For Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) Details http://www.greenkraftinc.com/20171231/role/idr_DisclosureNote13ProvisionForIncomeTaxesScheduleOfDeferredTaxAssetsAndLiabilitiesTables 53 false false All Reports Book All Reports gkit-20171231.xml gkit-20171231.xsd gkit-20171231_cal.xml gkit-20171231_def.xml gkit-20171231_lab.xml gkit-20171231_pre.xml http://fasb.org/us-gaap/2017-01-31 http://xbrl.sec.gov/dei/2014-01-31 true true ZIP 72 0001511164-18-000234-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001511164-18-000234-xbrl.zip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