Exhibit 99.2

e-biofuels, LLC

Comparative Balance Sheets

For the Years Ended

12/31/09 and 12/31/08

UNAUDITED

	31-Dec 2009			31-Dec 2008
ASSETS
Current Assets
Cash	$	449,365		$	49,883
Accounts Receivable		162,983			249,021
Inventories		87,665			166,131
Prepaids		38,225			86,490
Total Current Assets	$	738,238		$	551,525
Property, Plant & Equipment
Fixed Assets		10,750,084			10,215,617
		10,750,084			10,215,617
Less: accumulated DD&A		(1,459,030	)		(796,282	)
Net property, plant & equipment		9,291,054			9,419,335
Other Assets		—			—
Total Assets	$	10,029,292		$	9,970,860
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts Payable	$	3,206,258		$	1,976,304
Accrued expenses		2,345,038			830,231
Notes payable-current portion		11,278,908			—
Notes payable- related parties		89,211			—
Line of credit		—			3,248,397
Total current liabilities		16,919,415			6,054,932
Long Term Liabilities
Senior debt		2,306,547			10,795,262
Long Term Notes		1,406,947			1,453,956
Total long term liabilities		3,713,494			12,249,218
STOCKHOLDERS’ EQUITY
Paid In Capital		(745,925	)		(343,231	)
Retained Deficit		(9,857,692	)		(7,990,059	)
Treasury Stock		—			—
Total Stockholders’ Equity		(10,603,617	)		(8,333,290	)
Total Liabilities and Stockholders’ Equity	$	10,029,292		$	9,970,860

e-biofuels, LLC

Income Statement

For the fiscal years ending

12/31/08 and 12/31/09

UNAUDITED

	Fiscal Year Ending 12/31/2009			Fiscal Year Ending 12/31/2008
Operating income:
Biofuels Revenue	$	20,433,951		$	45,002,187
Total operating income		20,433,951			45,002,187
Operating expenses:
Biofuels Expenses		18,739,743			44,120,402
General and administrative expenses		1,604,139			2,831,776
Depreciation, depletion and amortization		698,286			564,579
Total operating expenses		21,042,168			47,516,757
Gain/ Loss from operations		(608,217	)		(2,514,570	)
Other income(loss):
Interest expense		(898,061	)		(1,065,761	)
Interest income		—			4,370
Amortization of loan fees		—			(40,000	)
Other income (expense)		(458,650	)		(2,956,643	)
Gain (loss) on sale of assets		—			—
Total other income and (expense)		(1,356,711	)		(4,058,034	)
Net income (loss) before income taxes		(1,964,928	)		(6,572,604	)
Provision for income taxes:		—			—
Net Income (Loss)	$	(1,964,928	)	$	(6,572,604	)