0001628280-16-016183.txt : 20160512 0001628280-16-016183.hdr.sgml : 20160512 20160511190828 ACCESSION NUMBER: 0001628280-16-016183 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 70 CONFORMED PERIOD OF REPORT: 20160331 FILED AS OF DATE: 20160512 DATE AS OF CHANGE: 20160511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vertex Energy Inc. CENTRAL INDEX KEY: 0000890447 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 943439569 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-11476 FILM NUMBER: 161641302 BUSINESS ADDRESS: STREET 1: 1331 GEMINI STREET STREET 2: SUITE 250 CITY: HOUSTON STATE: TX ZIP: 77058 BUSINESS PHONE: 866-660-8156 MAIL ADDRESS: STREET 1: 1331 GEMINI STREET STREET 2: SUITE 250 CITY: HOUSTON STATE: TX ZIP: 77058 FORMER COMPANY: FORMER CONFORMED NAME: WORLD WASTE TECHNOLOGIES INC DATE OF NAME CHANGE: 20040830 FORMER COMPANY: FORMER CONFORMED NAME: VOICE POWERED TECHNOLOGY INTERNATIONAL INC DATE OF NAME CHANGE: 19940831 10-Q 1 a0331201610-qdocument.htm 10-Q SEC Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-Q
 
þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal quarter ended March 31, 2016
  
¨ 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 001-11476
 
———————
VERTEX ENERGY, INC.
(Exact name of registrant as specified in its charter)
———————
NEVADA
94-3439569
(State or other jurisdiction of
(I.R.S. Employer Identification No.)
incorporation or organization)
 
 
 
1331 GEMINI STREET, SUITE 250
HOUSTON, TEXAS
77058
(Address of principal executive offices)
(Zip Code)
 
Registrant's telephone number, including area code: 866-660-8156

 
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 ý No  ¨   
 
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  ý    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, and accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer  ¨
Accelerated filer   ¨
Non-accelerated filer  ¨
Smaller reporting company ý

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.
Yes   ¨ No   ý

State the number of shares of the issuer’s common stock outstanding, as of the latest practicable date: 29,765,702 shares of common stock issued and outstanding as of May 10, 2016 (which number includes 1,108,928 shares of common stock held in escrow in order to satisfy the indemnification obligations of a certain prior acquisition and sale transaction undertaken by us).



TABLE OF CONTENTS

 
 
 
 
 
Page
 
 
PART I
 
Item 1.
 
Financial Statements
 
 
 
 
 
 
 
Consolidated  Balance Sheets (unaudited)
 
 
 
 
 
 
Consolidated  Statements of  Operations (unaudited)
 
 
 
 
 
 
Consolidated  Statements of Cash Flows (unaudited)
 
 
 
 
 
 
Notes to Consolidated Financial Statements (unaudited)
 
 
 
 
Item 2
 
Management’s Discussion and Analysis of Financial Condition and Results of Operations
 
 
 
 
Item 3.
 
Quantitative and Qualitative Disclosures About Market Risk
 
 
 
 
Item 4.
 
Controls and Procedures
 
 
 
 
 
 
PART II
 
Item 1.
 
Legal Proceedings
 
 
 
 
Item 1A.
 
Risk Factors
 
 
 
 
Item 2.
 
Unregistered Sales of Equity Securities and Use of Proceeds
 
 
 
 
Item 3.
 
Defaults Upon Senior Securities
 
 
 
 
Item 4.
 
Mine Safety Disclosures
 
 
 
 
Item 5.
 
Other Information
 
 
 
 
Item 6.
 
Exhibits




PART I – FINANCIAL INFORMATION
Item 1. Financial Statements
VERTEX ENERGY, INC.
CONSOLIDATED BALANCE SHEETS
(UNAUDITED)

 
March 31,
2016
 
December 31,
2015
ASSETS
 
 
 
Current assets
 
 
 
Cash and cash equivalents
$
1,782,395

 
$
765,364

Accounts receivable, net
3,678,156

 
6,315,414

Inventory
4,563,132

 
3,548,311

Prepaid expenses
938,484

 
1,367,442

Assets being held for sale

 
11,170,243

Total current assets
10,962,167

 
23,166,774

 
 
 
 
Noncurrent assets
 

 
 

Fixed assets, at cost
61,997,364

 
60,846,824

    Less accumulated depreciation
(8,918,048
)
 
(7,818,217
)
    Fixed assets, net
53,079,316

 
53,028,607

Escrow - noncurrent restricted cash and cash equivalents
1,500,434

 

Intangible assets, net
16,520,425

 
16,967,985

Other assets
482,750

 
481,450

Total noncurrent assets
71,582,925

 
70,478,042

TOTAL ASSETS
$
82,545,092

 
$
93,644,816

 
 
 
 
LIABILITIES, TEMPORARY EQUITY, AND EQUITY
 

 
 

Current liabilities
 

 
 

Accounts payable and accrued expenses
$
7,563,438

 
$
13,244,388

Dividends payable
373,706

 
376,571

Capital leases
190,703

 
186,948

Current portion of long-term debt, net of unamortized finance costs
8,937,054

 
18,118,142

Revolving note
550,457

 
1,744,122

Deferred revenue
1,046,681

 
323,891

        Total current liabilities
18,662,039

 
33,994,062

Long-term liabilities
 

 
 

  Long-term debt, net of unamortized finance costs
4,488,934

 
5,211,008

Derivative liability
3,534,924

 
1,548,604

Total liabilities
26,685,897

 
40,753,674

 
 
 
 
COMMITMENTS AND CONTINGENCIES

 

 
 
 
 
TEMPORARY EQUITY
 
 
 
Series B preferred shares, $0.001 par value per share;
10,000,000 shares authorized, 8,283,234 and 8,160,809 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively with a liquidation preference of $25,678,025 at March 31, 2016.
12,718,435

 
11,955,207

 
 
 
 

F-1



 
March 31,
2016
 
December 31,
2015
EQUITY
 

 
 

50,000,000 of total Preferred shares authorized:
 

 
 

Series A Convertible Preferred Stock, $0.001 par value;
5,000,000 shares authorized, 492,716 and 612,943 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively with a liquidation preference of $734,147 and $913,285 at March 31, 2016 and December 31, 2015, respectively.
493

 
613

 
 
 
 
Series C Convertible Preferred Stock, $0.001 par value;
44,000 shares designated in 2016, 44,000 and 0 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively with a liquidation preference of $4,400,000 at March 31, 2016.
44

 

 
 
 
 
Common stock, $0.001 par value per share;
750,000,000 shares authorized; 29,765,702 and 28,239,276 issued and outstanding at March 31, 2016 and December 31, 2015, respectively, with 1,108,928 shares held in escrow at March 31, 2016 .
29,765

 
28,239

Additional paid-in capital
57,381,203

 
53,014,054

Accumulated deficit
(14,270,745
)
 
(12,106,971
)
Total Equity
$
43,140,760

 
$
40,935,935

TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY
$
82,545,092

 
$
93,644,816





































See accompanying notes to the consolidated financial statements

F-2



VERTEX ENERGY, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)

 
Three Months Ended
March 31,
 
2016
 
2015
Revenues
$
14,132,604

 
$
37,684,339

Cost of revenues
14,371,128

 
38,008,456

Gross loss
(238,524
)
 
(324,117
)
Operating expenses:
 
 
 
Selling, general and administrative expenses
  (exclusive of acquisition related expenses)
5,495,987

 
5,370,028

  Depreciation and amortization expense
1,593,584

 
1,556,982

  Acquisition related expenses
49,376

 
157,678

Total operating expenses
7,138,947

 
7,084,688

Loss from operations
(7,377,471
)
 
(7,408,805
)
  Other income (expense):
 

 
 

Provision for doubtful accounts

 
(2,650,000
)
Interest income
476

 
8

Gain (loss) on sale of assets
9,701,834

 
(70,478
)
Loss on change in value of derivative liability
(1,986,320
)
 

Gain on futures contracts
55,916

 

Interest expense
(1,915,492
)
 
(1,531,180
)
Total other income (expense)
5,856,414

 
(4,251,650
)
Loss before income tax
(1,521,057
)
 
(11,660,455
)
Income tax benefit/(expense)
117,646

 
(5,306,000
)
Net loss
$
(1,403,411
)
 
$
(16,966,455
)
Net loss attributable to Vertex Energy, Inc.
$
(1,403,411
)
 
$
(16,966,455
)
 
 
 
 
  Accretion of discount on Series B Preferred Stock
$
(386,658
)
 
$

  Accrual of dividends on Series B Preferred Stock
(373,705
)
 

Net loss available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Loss per common share
 

 
 

Basic
$
(0.07
)
 
$
(0.60
)
Diluted
$
(0.07
)
 
$
(0.60
)
Shares used in computing earnings per share
 

 
 

Basic
29,304,722

 
28,118,396

Diluted
29,304,722

 
28,118,396








See accompanying notes to the consolidated financial statements

F-3



VERTEX ENERGY, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2016 AND 2015
(UNAUDITED)
 
Three Months Ended
 
March 31,
2016
 
March 31,
2015
Cash flows from operating activities
 
 
 
Net loss
$
(1,403,411
)
 
$
(16,966,455
)
  Adjustments to reconcile net loss to cash
  used in operating activities
 

 
 

Stock based compensation expense
124,599

 
88,214

Depreciation and amortization
2,885,457

 
1,556,982

Payment-in-kind interest

 
577,440

Rent paid by common stock
244,000

 

Gain on sale of assets
(9,748,562
)
 

Loss on sale of assets
46,725

 
70,478

Increase in fair value of derivative liability
1,986,320

 

Deferred federal income tax expense/(gain)

 
5,306,000

Changes in operating assets and liabilities
 
 
 
Accounts receivable
2,637,258

 
(418,097
)
Allowance for doubtful accounts

 
2,650,000

Inventory
(1,016,556
)
 
1,095,357

Prepaid expenses
428,958

 
(364,309
)
Costs in excess of billings

 
779,285

Accounts payable and accrued expenses
(3,770,626
)
 
661,617

Deferred revenue
722,789

 
2,447,730

Net cash used in operating activities
(6,863,049
)
 
(2,515,758
)
Cash flows from investing activities
 

 
 

Purchase of fixed assets
(1,216,916
)
 
(312,659
)
Proceeds from sale of Bango assets
29,788,114

 
4,500

Costs related to sale of Bango assets
(10,792,446
)
 

Establish escrow account - restricted cash
(1,500,000
)
 

Proceeds from sale of assets
20,900

 

Net cash provided by (used in) investing activities
16,299,652

 
(308,159
)
Cash flows from financing activities
 

 
 

Proceeds from sale of Series C Preferred stock
4,000,000

 

Proceeds from note payable
5,366,584

 

Payments on notes payable
(16,592,492
)
 
(449,818
)
Proceeds from revolving note
20,720,000

 
1,437,500

Payments on revolving note
(21,913,664
)
 

Notes receivable

 
(500,000
)
Net cash provided by (used in) financing activities
(8,419,572
)
 
487,682

Net change in cash and cash equivalents
1,017,031

 
(2,336,235
)
Cash and cash equivalents at beginning of the period
765,364

 
6,017,076

Cash and cash equivalents at end of period
$
1,782,395

 
$
3,680,841

 
 
 
 






F-4



SUPPLEMENTAL INFORMATION
 
 
 
Cash paid for interest
474,573

 
953,115

Cash paid (received) for income tax expense (benefit)
(117,646
)
 

NON-CASH INVESTING AND FINANCING TRANSACTIONS
 
 
 
Conversion of Series A Preferred Stock into common stock
120

 
17

Accretion of discount on Series B Preferred stock
386,658

 

Series B Preferred dividends accrued
373,706

 

















































 See accompanying notes to the consolidated financial statements

F-5



VERTEX ENERGY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2016
(UNAUDITED)

NOTE 1.  BASIS OF PRESENTATION AND NATURE OF OPERATIONS

The accompanying unaudited consolidated interim financial statements of Vertex Energy, Inc. (the "Company" or "Vertex Energy") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC") and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's annual consolidated financial statements as filed with the SEC on Form 10-K on April 4, 2016 (the "Form 10-K"). The December 31, 2015 balance sheet was derived from the audited financial statement of our 2015 Form 10-K. In the opinion of management all adjustments, consisting of normal recurring adjustments necessary for a fair presentation of financial position and the results of operations for the interim periods presented, have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Certain prior period amounts have been reclassified to conform to current period presentation. Notes to the consolidated financial statements which would substantially duplicate the disclosures contained in the audited consolidated financial statements for the most recent fiscal year 2015 as reported in Form 10-K have been omitted.

NOTE 2. GOING CONCERN

During the year ended December 31, 2014, events of default occurred under our Credit Agreement with Goldman Sachs Bank USA (as described in Note 9), which were subsequently waived by Goldman Sachs Bank USA pursuant to amendments to the Credit Agreement. Operating losses in 2014, 2015 and continuing into the first quarter of 2016 have inhibited the Company's ability to generate sufficient cash flows to meet its operating needs. These circumstances raise substantial doubt about the Company's ability to continue as a going concern.  To address the cash flow deficiency and operating losses the Company is currently pursuing a number of actions, including: 1) working on inventory strategies related to charging for collection services in this new low oil cost environment; 2) seeking to obtain additional funds through public or private financing sources; 3) restructuring existing debts from lenders; 4) seeking to reduce operating costs; 5) minimizing projected capital costs for 2016 and 6) exploring opportunities to sell or lease any non-income producing assets. There can be no assurances that sufficient liquidity can be generated from one or more of these initiatives or that these initiatives can be consummated within the period needed to meet certain obligations.
The Company's consolidated financial statements have been prepared under the assumption that it will continue as a going concern, which assumes the continuity of operations, the realization of assets and the satisfaction of liabilities as they come due in the normal course of business. Although the Company believes that it will be able to generate sufficient liquidity from the measures described above, its current circumstances raise substantial doubt about its ability to continue to operate as a going concern. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

NOTE 3.  SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES

Inventory

Inventories of products consist of feedstocks and refined petroleum products and are reported at the lower of cost or market.   Cost is determined using the first-in, first-out (“FIFO”) method. The Company reviews its inventory commodities whenever events or circumstances indicate that the value may not be recoverable.

Impairment of long-lived assets
The Company evaluates the carrying value and recoverability of its long-lived assets when circumstances warrant such evaluation by applying the provisions of the Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") regarding long-lived assets. It requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets.  Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.

Fair value of financial instruments

F-6



Under the FASB ASC, we are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Consistent with the Fair Value Measurement Topic of the FASB ASC, we implemented guidelines relating to the disclosure of our methodology for periodic measurement of our assets and liabilities recorded at fair market value.
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier fair value hierarchy prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include:
Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;
Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and
Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

Our Level 1 assets primarily include our cash and cash equivalents. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. The carrying amounts of accounts receivable, accounts payable and accrued liabilities approximate their fair values due to the immediate or short-term maturities of these financial instruments.
Income Taxes

The Company accounts for income taxes in accordance with the FASB ASC Topic 740. The Company records a valuation allowance against net deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and when temporary differences become deductible. The Company considers, among other available information, uncertainties surrounding the recoverability of deferred tax assets, scheduled reversals of deferred tax liabilities, projected future taxable income, and other matters in making this assessment.
As part of the process of preparing its consolidated financial statements, the Company is required to estimate its income taxes in each of the jurisdictions in which it operates. This process requires the Company to estimate its actual current tax liability and to assess temporary differences resulting from differing book versus tax treatment of items, such as deferred revenue, compensation and benefits expense and depreciation. These temporary differences result in deferred tax assets and liabilities, which are included within the Company’s consolidated statements of financial condition. Significant management judgment is required in determining the Company’s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized and, when necessary, valuation allowances are established. The ultimate realization of the deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences become deductible. Management considers the level of historical taxable income, scheduled reversals of deferred taxes, projected future taxable income and tax planning strategies that can be implemented by the Company in making this assessment. If actual results differ from these estimates or the Company adjusts these estimates in future periods, the Company may need to adjust its valuation allowance, which could materially impact the Company’s consolidated financial position and results of operations.
Tax contingencies can involve complex issues and may require an extended period of time to resolve. Changes in the level of annual pre-tax income can affect the Company’s overall effective tax rate. Significant management judgment is required in determining the Company’s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. Furthermore, the Company’s interpretation of complex tax laws may impact its recognition and measurement of current and deferred income taxes.
The loss during the quarter ended March 31, 2016 put the Company in an accumulated loss position for the cumulative 12 quarters then ended. The Company did not have sufficient positive evidence to overcome the recent losses and determined it was more likely than not the deferred tax assets would not be realized as of December 31, 2015. As a result, we created a net valuation reserve of $(5,306,000) to offset our entire balance of deferred tax assets of $11,702,000 less our $6,436,000 balance of deferred tax liabilities. This resulted in a net book tax expense of $(5,306,000) in 2015. The March 31, 2016 current income tax benefit is the result of a federal income tax refund.


F-7



Derivative liabilities
The Company, in accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing from Equity, convertible preferred shares are accounted for net, outside of shareholders' equity and warrants are accounted for as liabilities at their fair value during periods where they can be net cash settled in case of a change in control transaction. The warrants are accounted for as a liability at their fair value at each reporting period. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, a Dynamic Black Scholes model is utilized that computes the impact of a possible change in control transaction upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect.


NOTE 4. CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES
 
At March 31, 2016 and 2015 and for each of the three months then ended, the Company’s revenues and receivables were comprised of the following customer concentrations:
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
% of
Revenues
 
% of
Receivables
 
% of
Revenues
 
% of
Receivables
Customer 1
15%
 
13%
 
2%
 
6%
Customer 2
12%
 
1%
 
14%
 
13%
Customer 3
11%
 
8%
 
7%
 
8%
Customer 4
11%
 
—%
 
—%
 
—%
Customer 5
1%
 
7%
 
26%
 
25%
Customer 6
—%
 
20%
 
—%
 
—%
 
At March 31, 2016 and 2015 and for each of the three months then ended, the Company's segment revenues were comprised of the following customer concentrations:

 
% of Revenue by Segment
 
% Revenue by Segment
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
100%
 
—%
 
—%
 
100%
 
—%
 
—%
Customer 2
100%
 
—%
 
—%
 
40%
 
60%
 
—%
Customer 3
—%
 
100%
 
—%
 
—%
 
100%
 
—%
Customer 4
100%
 
—%
 
—%
 
—%
 
—%
 
—%
Customer 5
100%
 
—%
 
—%
 
100%
 
—%
 
—%
Customer 6
—%
 
—%
 
100%
 
—%
 
—%
 
—%

The Company purchases goods and services from one company that represented 15% of total purchases for the three months ended March 31, 2016 and one company that represented 11% of total purchases for the three months ended March 31, 2015

The Company has had various debt facilities available for use, of which there was $14,551,271 and $26,954,092 outstanding as of March 31, 2016 and December 31, 2015, respectively. See Note 9 for further details.

In February 2013, Bank of America agreed to lease the Company equipment to enhance the TCEP operation, which went into effect in April 2013.  Under the current terms of the lease agreement, 25 monthly payments remain of approximately $13,328 each.

F-8




The Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing prices for petroleum-based products. Historically, the energy markets have been very volatile, and there can be no assurance that these prices will not be subject to wide fluctuations in the future. A substantial or extended decline in such prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, and access to capital and on the quantities of petroleum-based products that the Company can economically produce.

The Company, in its normal course of business, is involved in various other claims and legal action. In the opinion of management, the outcome of these claims and actions will not have a material adverse impact upon the financial position of the Company.

Litigation:
The Company, in its normal course of business, is involved in various other claims and legal action. In the opinion of management, the outcome of these claims and actions will not have a material adverse impact upon the financial position of the Company. We are currently party to the following material litigation proceedings:
Vertex Refining, NV, LLC ("Vertex Refining, NV"), the wholly-owned subsidiary of Vertex Operating, and the Company were named as defendants in a lawsuit filed on or about August 3, 2015, in the Tenth Judicial District Court in the State of Nevada, in and for the County of Churchill, case #15-10DC-0502, by Republic Bank N.A. alleging breach of contract and unjust enrichment with respect to the Asset Purchase Agreement dated May 2, 2014 between the defendants and Omega Refining, LLC, regarding the sale of refinery assets in Fallon, Nevada. This case has been settled and a stipulation for dismissal was filed on or about March 10, 2016.

Vertex Refining LA, LLC ("Vertex Refining LA"), the wholly-owned subsidiary of Vertex Operating, was named as a defendant, along with numerous other parties, in five lawsuits filed on or about February 12, 2016, in the Second Parish Court for the Parish of Jefferson, State of Louisiana, Case No. 121749, by Russell Doucet et. al., Case No. 121750, by Kendra Cannon et. al., Case No. 121751, by Lashawn Jones et. al., Case No. 121752, by Joan Strauss et. al. and Case No. 121753, by Donna Allen et. al. The suits relate to alleged noxious and harmful emissions from our facility located in Marrero, Louisiana. The suits seek damages for physical and emotional injuries, pain and suffering, medical expenses and deprivation of the use and enjoyment of plaintiffs’ homes. We intend to vigorously defend ourselves and oppose the relief sought in the complaints, provided that at this stage of the litigation, the Company has no basis for determining whether there is any likelihood of material loss associated with the claims and/or the potential and/or the outcome of the litigation.


NOTE 5. DISPOSITION

On January 28, 2016, the Company entered into an Asset Purchase Agreement (the “Sale Agreement”) with Bango Oil, LLC (“Bango Oil”) and Safety-Kleen Systems Inc. (“Safety-Kleen”) pursuant to which the Company agreed to sell to Safety-Kleen the used oil re-refining plant on approximately 40 acres in Churchill County, Nevada (the “Bango Plant”), which we previously rented, and all equipment, tools and other tangible personal property located at the Bango Plant, which relate to or are used in connection with the operations of the Bango Plant (collectively, the “Bango Assets”) for an aggregate purchase price of $35 million. As shown in the table below, a gain on sale of approximately $9.7 million was recorded associated with the sale. The gain on sale is included in the accompanying consolidated statement of operations.

Sales price (fair value)
$
35,000,000

Release of lien on certain equipment at the Bango Plant
(3,100,000
)
Transaction Fees
(2,112,000
)
Net Proceeds
29,788,000

Book Value at January 29, 2016 (date transaction closed)
20,039,438

Gain on Sale
9,748,562

Net proceeds were used to pay an aggregate of $16.1 million toward the Credit Agreement with Goldman Sachs Bank (described in Note 9), $9.3 million to exercise the Purchase Option (described below) and $1.5 million for equipment and rail park lease acquisitions subsequently included in the Sale Agreement.


F-9



Additionally, at the closing, we placed $1.5 million in cash and $1 million worth of our common stock (1,108,928 shares) into escrow with 50% of the shares to be released to us 12 months following the closing and such cash and the remainder of the shares held in escrow to be released to us 18 months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $1 million, based on the then market price of our common stock, we are required to increase the number of shares of common stock held in escrow to total $1 million in aggregate value.

Finally, the Sale Agreement required the Company to use sale proceeds to exercise the purchase option set forth in that certain Lease With Option For Membership Interest Purchase (the “Bango Lease”) entered into on April 30, 2015, by and between us, Vertex Refining NV and Bango Oil, whereby, we had the option at any time during the term of the lease to purchase all of the equity interests of Bango Oil (the “Purchase Option”), effectively acquiring ownership of the Bango Plant for $9.3 million. The Membership Interest Purchase Agreement contains standard and customary representations of the parties and indemnification rights, subject in each case to a $3 million cap on aggregate indemnification. Upon the closing of the Membership Interest Purchase Agreement, we effectively obtained ownership of the Bango Plant, which we then sold to Safety-Kleen, and Bango Oil became a wholly- owned subsidiary of Vertex Refining NV.

NOTE 6. ACCOUNTS RECEIVABLE

Accounts receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Accounts receivable
$5,643,500
 
$8,280,749
Allowance for doubtful accounts
(1,965,344)
 
(1,965,335)
Accounts receivable, net
$3,678,156
 
$6,315,414

Accounts receivable represents amounts due from customers. Accounts receivable are recorded at invoiced amounts, net of reserves and allowances, and do not bear interest. The Company uses its best estimate to determine the required allowance for doubtful accounts based on a variety of factors, including the length of time receivables are past due, economic trends and conditions affecting its customer base, significant one-time events and historical write-off experience. Specific provisions are recorded for individual receivables when we become aware of a customer’s inability to meet its financial obligations. The Company reviews the adequacy of its reserves and allowances quarterly.

Receivable balances greater than 30 days past due are individually reviewed for collectability and if deemed uncollectible, are charged off against the allowance accounts after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any significant off balance sheet credit exposure related to its customers. 

NOTE 7. NOTES RECEIVABLE

Current portion of notes receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Notes receivable (collateralized by invoiced accounts receivable)
$

 
$
5,346,452

Allowance for doubtful accounts

 
(3,654,790
)
Notes receivable (collateralized by invoiced accounts receivable), net
$

 
$
1,691,662


The current notes receivable represents amounts due from Omega Holdings, LLC. Of the total notes receivable balance, $1,691,662 represents invoiced amounts that did not bear interest as of December 31, 2015.

The remaining portion of the term notes receivable balance of $8,308,000 at December 31, 2015 also represents amounts due from Omega Holdings, LLC. The $8,308,000 balance was based on the purchase price allocated to the Nevada facility ("Bango facility"). The note carried an interest rate of 9.5% per annum and was collateralized by assets at the Bango facility.

F-10



Both of the Omega Holdings, LLC notes receivable (with balances of $1,691,662 and $8,308,000) were re-classified as "Assets held for sale" on the Balance Sheet at December 31, 2015. The Company sold the Bango facility in January, 2016 at which time the note was satisfied in full.

F-11



NOTE 8. ASSETS HELD FOR SALE

During 2015 the Company reclassified amounts due from Omega Holdings, LLC to the Company based on the portion of the acquisition purchase price that was allocated to the Bango facility (see Note 5 - Disposition). The Company sold the Bango facility in January 2016 so the following assets were re-classified as "Assets held for sale" at December 31, 2015. The balance of "Assets held for sale" at March 31, 2016 is zero.
    
Accounts Receivable
$
1,691,662

Note Receivable - Current
8,308,000

Fixed Assets - Construction in Process
1,170,581

  Total Assets held for sale at December 31, 2015
11,170,243

January 2016 sale of assets
(11,170,243
)
  Total Assets held for sale as of March 31, 2016
$


NOTE 9. LINE OF CREDIT AND LONG-TERM DEBT

In May, 2014, the Company entered into a Credit and Guaranty Agreement with Goldman Sachs Bank USA (as amended, the “Credit Agreement”). Pursuant to the agreement, Goldman Sachs Bank USA loaned the Company $40,000,000 in the form of a term loan. As set forth in the Credit Agreement, the Company has the option to select whether loans made under the Credit Agreement bear interest at (a) the greater of (i) the prime rate in effect, (ii) the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System plus ½ of 1%, (iii) the sum of (A) the Adjusted LIBOR Rate and (B) 1%, and (iv) 4.5% per annum; or (b) the greater of (i) 1.50% and (ii) the applicable ICE Benchmark Administration Limited interest rate, divided by (x) one minus, (y) the Adjusted LIBOR Rate. Interest on the Credit Agreement is payable monthly in arrears.

The Credit Agreement is secured by all of the assets of the Company.
On March 26, 2015, the Company entered into a Second Amendment with Goldman Sachs Bank USA to amend the Credit Agreement to among other things, provide for the waiver of the prior defaults and to restructure certain covenants and other financial requirements of the Credit Agreement and to allow for our entry into the MidCap Loan Agreement.
The Credit Agreement contains customary representations, warranties, and covenants for facilities of similar nature and size as the Credit Agreement. The Credit Agreement also includes various covenants binding the Company including limits on indebtedness the Company may incur and maintenance of certain financial ratios relating to consolidated EBITDA and debt leverage. As each credit facility contains cross-default provisions, the default under each lender credit agreement constitutes a default under the agreement with the other lender.
On January 29, 2016, we, Vertex Operating, certain of our other subsidiaries, Goldman Sachs Specialty Lending Holdings, Inc., as lender (“Lender”) and Goldman Sachs Bank USA, a New York State-Chartered Bank, as Administrative Agent, Lead Arranger and Collateral Agent (“Agent”) entered into an Amended and Restated Credit and Guaranty Agreement (the “Restated Credit Agreement”), which amended and restated the Credit Agreement. The Restated Credit Agreement changed the Credit Agreement to an $8.9 million multi-draw term loan credit facility (of which approximately $6.4 million was outstanding and $2.5 million was available to be drawn pursuant to the terms of the Restated Credit Agreement on substantially similar terms as the currently outstanding amounts owed to the Lender); modified the Credit Agreement to adjust certain EBITDA calculations in connection with the purchase of Bango Oil and the sale of the Bango Plant as described above; provided for approval for us to exercise the Purchase Option, enter into and effect the transactions contemplated by a Membership Interest Purchase Agreement, Subscription Agreement, and the Sale Agreement, and allowed for the issuance of the Fox Note (defined below) and the Mortgage (defined below) confirmed that we are required to make payments of $800,000 per quarter from June 30, 2016 through maturity (May 2, 2019); provided us a moratorium on the prepayment of amounts owed under the Restated Credit Agreement as a result of various financial ratios we are required to meet through December 31, 2016; provided for us to retain any business interruption insurance proceeds received in connection with the Bango Plant; provided for us to pay $16 million received at closing from the sale of the Bango Assets, all amounts released from escrow and any other cash proceeds in excess of $500,000 received from the Sale Agreement after closing to the Lender as prepayment of amounts due under the Restated Credit Agreement; allowed us the right to make certain permitted acquisitions moving forward, without further consent of the Lender, provided that among other requirements, such acquisitions are in the same business or line of business as the Company, that such acquired businesses have

F-12



generated consolidated adjusted EBITDA for the four fiscal quarters preceding such acquisition in excess of capital expenditures for such period (taking into account adjustments acceptable to the Agent for synergies expected to be achieved within the 90 days following the closing of such acquisition), and that the funding for such acquisition comes from certain limited sources set forth in greater detail in the Restated Credit Agreement; adjusted certain fixed charge coverage ratios and leverage ratios we are required to meet on a quarterly basis from September 30, 2016 to maturity; required us to maintain at least $2 million of liquidity at all times; provided that events of default under the Credit Agreement include events of default under the Fox Note; and made various other updates and changes to take into account transactions which had occurred through the date of such agreement, and to remove expired and non-material terms of the prior Credit Agreement. The balance under the Credit Agreement was $6,400,000 at March 31, 2016 and principal payments in the amounts of $2,400,000, $3,200,000 and $800,000 are due in 2016, 2017 and 2018, respectively.
Effective March 27, 2015, the Company, Vertex Operating and all of the Company’s other subsidiaries other than E-Source Holdings, LLC ("E-Source") and Golden State Lubricant Works, LLC entered into a Loan and Security Agreement with MidCap Business Credit LLC (“MidCap” and the “MidCap Loan Agreement”). Pursuant to the MidCap Loan Agreement, MidCap agreed to loan us up to the lesser of (i) $7 million; and (ii) 85% of the amount of accounts receivable due to us which meet certain requirements set forth in the MidCap Loan Agreement (“Qualified Accounts”), plus the lesser of (y) $3 million and (z) 50% of the cost or market value, whichever is lower, of our raw material and finished goods which have not yet been sold, subject to the terms and conditions of the MidCap Loan Agreement (“Eligible Inventory”), minus any amount which MidCap may require from time to time in order to over secure amounts owed to MidCap under the MidCap Loan Agreement, as long as no event of default has occurred or is continuing under the terms of the MidCap Loan Agreement. The requirement of MidCap to make loans under the MidCap Loan Agreement is subject to certain standard conditions and requirements.

On November 9, 2015, we and certain of our subsidiaries entered into a First Amendment to Loan and Security Agreement (the “Midcap First Amendment”). The Midcap First Amendment amended the Midcap Loan Agreement to add Vertex Refining OH, LLC ("Vertex OH") as a party thereto; remove Vertex OH’s requirement to enter into a negative pledge agreement with MidCap; created separate maximum borrowing base credit limits for Vertex OH’s accounts and customers ($100,000 maximum per customer, subject to certain exceptions); excluded customers who are based outside of the U.S. or Canada from the credit limits if backed by a bank letter of credit or covered by a foreign receivables insurance policy; removed inventory of Vertex OH from the definition of Eligible Inventory under the Midcap Loan Agreement; and provided that additional affiliates of the Company may become party to the Midcap Loan Agreement by executing an assumption agreement and revolving note in favor of Midcap.

On January 29, 2016, Vertex OH, borrowed $5.15 million from Fox Encore 05 LLC, the prior owner of Bango Oil ("Fox Encore") and provided a Promissory Note to Fox Encore to reflect such borrowed funds (the “Fox Note”). The Fox Note bears interest at 10% percent per annum (15% upon the occurrence of an event of default), payable monthly in arrears beginning on February 29, 2016. The principal and all accrued and unpaid interest on the Fox Note is due on the earlier of (a) July 31, 2016 (as may be extended by Vertex OH as discussed below, the “Maturity Date”), or (b) upon acceleration of the Fox Note during the existence of an event of default as discussed therein. Provided that no event of default is then existing on the Fox Note or under any other loan document associated therewith, and certain other requirements as described in the Fox Note are met, Vertex OH has the right to three (3) extension options (each, an “Extension Option”) pursuant to which Vertex OH may extend the Maturity Date for six (6) months each. The first extension will extend the Maturity Date of the Fox Note until January 31, 2017, the second extension will extend the Maturity Date of the Fox Note until July 31, 2017, and the third extension will extend the Maturity Date of the Fox Note until January 29, 2018. Upon exercising an Extension Option, Vertex OH is required to pay Fox Encore an extension fee equal to 3% of the then outstanding principal amount of the Fox Note, which amount is separate from, and is not applied toward, the outstanding indebtedness owed under the Fox Note; provided, however, that if Vertex OH elects to exercise the Extension Option to extend the Maturity Date to January 31, 2017, the 3% fee for such extension is not to be paid in cash but is instead added to the outstanding principal balance of the Fox Note. The Fox Note may be prepaid in whole or in part at any time without penalty, provided that if repaid in full by July 31, 2016, the amount to be repaid is decreased by $150,000. The Fox Note is secured by the Mortgage described below. The Fox Note includes certain standard and customary financial reporting requirements, notice requirements, indemnification requirements, covenants and events of default. The Fox Note also includes a provision allowing the Lender (or any other lender party to the Restated Credit Agreement) to purchase the Fox Note upon the occurrence of an event of default under the Restated Credit Agreement.
On January 29, 2016, Vertex OH, entered into an Open-End Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents agreement (the “Mortgage”) with Fox Encore in order to secure the amount owed under the Fox Note discussed above. Pursuant to the Mortgage, Vertex OH granted Fox Encore a security interest in the Columbus, Ohio refinery owned by Vertex OH.

F-13



The Company has notes payable to Texas Citizens Bank bearing interest at 5.5% per annum, maturing on January 7, 2020.  The balance of the notes payable is $1,865,624 at March 31, 2016.

The Company financed insurance premiums through various financial institutions bearing interest rates from 4% to 4.52%. All such premium finance agreements have maturities of less than one year and have a balance of $515,762 at December 31, 2015 and a balance of $310,440 at March 31, 2016.

On May 2, 2014, in connection with the closing of the Omega Refining acquisition, the Company assumed two capital leases totaling $3,154,860. Payments made since 2014 have reduced the balance to $274,750 at March 31, 2016.

For the quarter ending March 31, 2016, we reported interest expense of approximately $1.9 million of which $0.5 million is interest expense on our currently outstanding debt and the remaining $1.3 million is a one-time write off of the Goldman Sachs deferred finance costs and one-time interest related expenses of $.1 million on the Fox Encore Note. The write off of these deferred finance costs was due to the accelerated $16 million payment made on the Goldman Sachs loan as noted above.

The Company's outstanding debt facilities as of March 31, 2016 are summarized as follows:

Creditor
Loan Type
 
Origination Date
 
Maturity Date
 
Loan Amount
 
Balance on March 31, 2016
MidCap Revolving Line of Credit
Revolving Note
 
March, 2015
 
March, 2017
 
$
7,000,000

 
$
550,457

Goldman Sachs USA
Term Loan - Restated Credit Agreement
 
January 29, 2016
 
May 2, 2019
 
8,900,000

 
6,400,000

Fox Encore Promissory Note
Promissory Note
 
January 29, 2016
 
July 31, 2016
 
5,150,000

 
5,150,000

Pacific Western Bank
Capital Lease
 
September, 2012
 
August, 2017
 
3,154,860

 
274,750

Texas Citizens Bank
Term Note
 
January, 2015
 
January, 2020
 
2,045,500

 
1,865,624

Various institutions
Insurance premiums financed
 
Various
 
< 1 year
 
1,789,481

 
310,440

Total
 
 
 
 
 
 
 
 
$
14,551,271

Deferred Finance Cost, Net
 
 
 
 
 
 
 
 
(384,121
)
Total, net of Deferred Finance Costs, Net
 
 
 
 
 
 
$
28,039,841

 
$
14,167,150


Future contractual maturities of notes payable are summarized as follows:

Creditor
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
MidCap Revolving Line of Credit
$
550,457

 
$

 
$

 
$

 
$

 
$

Goldman Sachs USA
2,400,000

 
3,200,000

 
800,000

 

 

 

Fox Encore Promissory Note
5,150,000

 

 

 

 

 

Pacific Western Bank
141,596

 
133,154

 

 

 

 

Texas Citizens Bank
334,118

 
468,225

 
495,013

 
523,333

 
44,935

 

Various institutions
310,440

 

 

 

 

 

Totals
$
8,886,611

 
$
3,801,379

 
$
1,295,013

 
$
523,333

 
$
44,935

 
$

NOTE 10. EARNINGS PER SHARE

Basic earnings per share includes no dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the periods presented. The calculation of basic earnings per share for the three months ended March 31, 2016 includes the weighted average of common shares outstanding. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity, such as convertible preferred stock, stock

F-14



options, warrants or convertible securities. Due to their anti-dilutive effect, the calculation of diluted earnings per share for the three months ended March 31, 2016 excludes: 1) options to purchase 2,607,552 shares of common stock, 2) warrants to purchase 4,252,135 shares of common stock, 3) Series B Preferred stock which is convertible into 8,283,234 shares of common stock and 4) Series A Preferred and Series C Preferred stock, also convertible to common stock.

The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three months ended March 31, 2016 and 2015

 
Three Months Ended March 31,
 
2016
 
2015
Basic Earnings per Share
 
 
 
Numerator:
 
 
 
Net (loss) income available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Denominator:
 
 
 
Weighted-average shares outstanding
29,304,722

 
28,118,396

Basic earnings per share
$
(0.07
)
 
$
(0.60
)
 
 
 
 
Diluted Earnings per Share
 
 
 
Numerator:
 
 
 
Net (loss) income available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Denominator:
 
 
 
Weighted-average shares outstanding
29,304,722

 
28,118,396

Effect of dilutive securities
 
 
 
Stock options and warrants

 

Preferred stock

 

Diluted weighted-average shares outstanding
29,304,722

 
28,118,396

Diluted earnings per share
$
(0.07
)
 
$
(0.60
)
NOTE 11. COMMON STOCK

The total number of authorized shares of the Company’s common stock is 750,000,000 shares, $0.001 par value per share. As of March 31, 2016, there were 29,765,702 common shares issued and outstanding (which number does not include the 1,108,928 shares of common stock held in escrow in order to satisfy the indemnification obligations of certain prior acquisition and sale transactions undertaken by us).

Each share of the Company's common stock is entitled to equal dividends and distributions per share with respect to the common stock when, as and if declared by the Company's board of directors. No holders of any shares of the Company's common stock have a preemptive right to subscribe for any of the Company's securities, nor are any shares of the Company's common stock subject to redemption or convertible into other securities. Upon liquidation, dissolution or winding-up of the Company and after payment of creditors and preferred shareholders of the Company, if any, the assets of the Company will be divided pro rata on a share-for-share basis among the holders of the Company's common stock. Each share of the Company's common stock is entitled to one vote. Shares of the Company's common stock do not possess any cumulative voting rights.

Common stock activity during the three months ended March 31, 2016 was as follows:

On January 21, 2016, the Company issued 244,000 shares of common stock to pay the January 2016 rent due pursuant to the terms of our lease on our Fallon, Nevada plant.
On January 29, 2016, the Company issued 1,108,928 shares of common stock as part of the escrow fulfillment of the sale of the Vertex Refining Nevada assets to Safety-Kleen Systems, Inc. (the "Bango Sale").
On February 4, 2016, the Company issued 53,271 shares of common stock in connection with a former employee's cashless exercise of stock options to purchase 100,000 shares of common stock.
On February 5, 2016, the Company issued 120,227 shares of common stock in the conversion of an equal amount of Series A Preferred shares into common stock.

F-15



NOTE 12.  PREFERRED STOCK AND DETACHABLE WARRANTS

The total number of authorized shares of the Company’s preferred stock is 50,000,000 shares, $0.001 par value per share. The total number of designated shares of the Company’s Series A Convertible Preferred Stock is 5,000,000 (“Series A Preferred”). The total number of designated shares of the Company’s Series B Preferred Stock is 10,000,000. The number of designated shares of the Company's Series C Preferred Stock is 44,000. As of March 31, 2016 and December 31, 2015, there were 492,716 shares and 612,943 shares of Series A Preferred Stock issued and outstanding, respectively. As of March 31, 2016 and December 31, 2015, there were 8,283,234 and 8,160,809 shares of Series B Preferred Stock issued and outstanding, respectively. As of March 31, 2016 and December 31, 2015 there were 44,000 and 0 shares of Series C Preferred Stock issued and outstanding, respectively.
Series A Preferred
Holders of outstanding shares of Series A Preferred are entitled to receive dividends, when, as, and if declared by our Board of Directors. No dividends or similar distributions may be made on shares of capital stock or securities junior to our Series A Preferred until dividends in the same amount per share on our Series A Preferred have been declared and paid. In connection with a liquidation, winding-up, dissolution or sale of the Company, each share of our Series A Preferred is entitled to receive $1.49 prior to similar liquidation payments due on shares of our common stock or any other class of securities junior to the Series A Preferred. Shares of Series A Preferred are not entitled to participate with the holders of our common stock with respect to the distribution of any remaining assets of the Company.
Each share of Series A Preferred is entitled to that number of votes equal to the number of whole shares of common stock into which it is convertible. Generally, holders of our common stock and Series A Preferred vote together as a single class.
Shares of Series A Preferred automatically convert into shares of our common stock on the earliest to occur of the following:
The affirmative vote or written consent of the holders of a majority of the then-outstanding shares of Series A Preferred;
If the closing market price of our common stock averages at least $15.00 per share over a period of 20 consecutive trading days and the daily trading volume averages at least 7,500 shares over such period;
If we consummate an underwritten public offering of our securities at a price per share not less than $10.00 and for a total gross offering amount of at least $10 million; or
If a sale of the Company occurs resulting in proceeds to the holders of Series A Preferred of a per share amount of at least $10.00.
Each share of Series A Preferred converts into one share of common stock, subject to adjustment.

Series B Preferred Stock and Temporary Equity
Dividends on our Series B Preferred Stock accrue at an annual rate of 6% of the original issue price of the preferred stock ($3.10 per share), subject to increase under certain circumstances, and are payable on a quarterly basis. The dividends are payable by the Company, at the Company’s election, in registered common stock of the Company (if available) or cash. In the event dividends are paid in registered common stock of the Company, the number of shares payable will be calculated by dividing (a) the accrued dividend by (b) 90% of the arithmetic average of the volume weighted average price (VWAP) of the Company’s common stock for the 10 trading days immediately prior to the applicable date of determination (the “Dividend Stock Payment Price”). Notwithstanding the foregoing, in no event may the Company pay dividends in common stock unless the applicable Dividend Stock Payment Price is above $2.91. If the Company is prohibited from paying the dividend in cash (due to contractual senior credit agreements or other restrictions) or is unable to pay the dividend in registered common stock, the dividend will be paid in kind in Series B Preferred Stock shares at $3.10 per share.
 
The Series B Preferred Stock include a liquidation preference (in the amount of $3.10 per share) which is junior to the Company’s previously outstanding shares of preferred stock, senior credit facilities and other debt holders as provided in further detail in the designation.

The Series B Preferred Stock (including accrued and unpaid dividends) is convertible into shares of the Company’s common stock at the holder’s option at $3.10 per share (initially a one-for-one basis). If the Company’s common stock trades at or above $6.20

F-16



per share for a period of 20 consecutive trading days, the Company may at such time force conversion of the Series B Preferred Stock (including accrued and unpaid dividends) into common stock of the Company.

The Series B Preferred Stock votes together with the common stock on an as-converted basis, provided that each holder’s voting rights are subject to and limited by the Series B Beneficial Ownership Limitation described below.

The Company has the option to redeem the outstanding shares of Series B Preferred Stock at $3.10 per share, plus any accrued and unpaid dividends on such Series B Preferred Stock redeemed, at any time beginning on June 24, 2017, and the Company is required to redeem the Series B Preferred Stock at $3.10 per share, plus any accrued and unpaid dividends, on June 24, 2020. Notwithstanding either of the foregoing, the Series B Preferred Stock may not be redeemed unless and until amounts outstanding under the Company’s senior credit facility have been paid in full.

The Series B Preferred Stock contains a provision prohibiting the conversion of such Series B Preferred Stock into common stock of the Company, if upon such conversion, the holder thereof would beneficially own more than 9.999% of the Company’s then outstanding common stock (the “Series B Beneficial Ownership Limitation”). The Series B Beneficial Ownership Limitation does not apply to forced conversions undertaken by the Company pursuant to the terms of the Designation (summarized above).

On June 24, 2015, we closed the transactions contemplated by the June 19, 2015 Unit Purchase Agreement (the “Purchase Agreement”) we entered into with certain institutional investors (the “Investors”), pursuant to which the Company sold the Investors an aggregate of 8,064,534 units (the “Units”), each consisting of (i) one share of Series B Preferred Stock and (ii) one warrant to purchase one-half of a share of common stock of the Company (each a “Warrant” and collectively, the “Warrants”). The Units were sold at a price of $3.10 per Unit (the “Unit Price”) (a 6.1% premium to the closing bid price of the Company’s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was $2.91 per share (the “Closing Bid Price”)). The Warrants have an exercise price of $2.92 per share ($0.01 above the Closing Bid Price). Total gross proceeds from the offering of the Units (the “Offering”) were $25.0 million.

The Placement Agent received a commission equal to 6.5% of the gross proceeds (less $4.0 million raised from certain investors in the Offering for which they received no fee) from the Offering, for an aggregate commission of $1.365 million which was netted against the proceeds.

We used the net proceeds from the Offering to repay amounts owed under the Credit Agreement in the amount of $15.1 million.
 
In addition, under the Purchase Agreement, the Company agreed to register the shares of common stock issuable upon conversion of the Series B Preferred Stock and upon exercise of the Warrants under the Securities Act of 1933, as amended, for resale by the Investors. The Company committed to file a registration statement on Form S-1 by the 30th day following the closing of the Offering (which filing date was met) and to cause the registration statement to become effective by the 90th day following the closing (or, in the event of a “full review” by the Securities and Exchange Commission, the 120th day following the closing), which registration statement was declared effective by the Securities and Exchange Commission on August 6, 2015. The Purchase Agreement provides for liquidated damages upon the occurrence of certain events, including, but not limited to, the failure by the Company to cause the registration statement to become effective by the deadlines set forth above. The amount of the liquidated damages is 1.0% of the aggregate subscription amount paid by an Investor for the Units affected by the event that are still held by the Investor upon the occurrence of the event, due on the date immediately following the event that caused such failure (or the 30th day following such event if the event relates to the suspension of the registration statement as described in the Purchase Agreement), and each 30 days thereafter, with such payments to be prorated on a daily basis during each 30 day period, subject to a maximum of an aggregate of 6% per annum.
 
Under the Purchase Agreement, the Company agreed to indemnify the Investors for liabilities arising out of or relating to (i) any untrue statement of a material fact contained in the registration statement, (ii) any inaccuracy in the representations and warranties of the Company contained in the Purchase Agreement or the failure of the Company to perform its obligations under the Purchase Agreement and (iii) any failure by the Company to fulfill any undertaking included in the registration statement, subject to certain exceptions. The Investors, severally, and not jointly agreed to indemnify the Company against (i) any failure by such Investor to comply with the covenants and agreements contained in the Purchase Agreement and (ii) any untrue statement of a material fact contained in the registration statement to the extent such untrue statement was made in reliance upon and in conformity with written information furnished by or on behalf of that Investor specifically for use in preparation of the registration statement, subject to certain exceptions.
The Company agreed pursuant to the Purchase Agreement, that until 60 days following effectiveness of the registration statement filed, to register the shares of common stock underlying the Series B Preferred Stock and Warrants (the “Lock-Up Period”), to not

F-17



offer or sell any common stock or securities convertible or exercisable into common stock, except pursuant to certain exceptions described in the Purchase Agreement, and each of the Company’s officers and directors agreed to not sell or offer for sale any shares of common stock until the end of the Lock-Up Period, subject to certain exceptions.
The warrants were valued using the dynamic Black Scholes Merton formula pricing model that computes the impact of share dilution upon the exercise of the warrant shares at approximately $7,028,067. The Black-Scholes inputs used were: expected dividend rate of 0%, expected volatility of 70%-100%, risk free interest rate of 1.59%, and expected term of 5.5 years. This valuation resulted in a beneficial conversion feature on the convertible preferred stock of approximately $5,682,741. This amount will be accreted over the term as a deemed dividend. Fees in the amount of $1.4 million relating to the stock placement were netted against proceeds. The warrants are exercisable beginning on December 26, 2015, and expire December 24, 2020.
The following table represents the carrying amount of the Series B Preferred Stock, classified as Temporary Equity on the Balance Sheet, at inception and as of March 31, 2016 and December 31, 2015 :
Temporary Equity:
 
 
 
At Inception
June 24, 2015
 

Face amount of Series B Preferred
$
25,000,000

 
 
Less: warrant value
7,028,067

 
 
Less: beneficial conversion feature
5,737,796

 
 
Less: issuance costs and fees
1,442,462

 
 
Carrying amount at inception
$
10,791,675

 
 
 
 
 
 
 
March 31, 2016
 
December 31, 2015
Face amount of Series B Preferred
$
25,000,000

 
$
25,000,000

Less: unaccreted discount
(12,281,565
)
 
(13,044,793
)
Carrying amount at March 31, 2016
$
12,718,435

 
$
11,955,207


In accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing Liabilities from Equity as approved by shareholders, the convertible preferred shares are accounted for net outside of stockholders’ equity at $12,718,435 with the warrants accounted for as liabilities at their fair value of $3,534,924 as of March 31, 2016. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, the Company utilized a dynamic Black Scholes Merton formula that computes the impact of share dilution upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect. In the event the convertible preferred shares are redeemed, any redemption price in excess of the carrying amount of the convertible preferred stock would be treated as a dividend.
The changes in liabilities measured using significant unobservable inputs for the three months ended March 31, 2016 were as follows:
Level Three Roll-Forward
Item
 
Level 3
Balance at December 31, 2014
 
$

Warrants issued June 24, 2015
 
7,028,067

Change in valuation of warrants
 
(5,479,463
)
Balance at December 31, 2015
 
$
1,548,604

Change in valuation of warrants
 
1,986,320

Balance at March 31, 2016
 
$
3,534,924


The warrants related to the Series B Preferred Stock were revalued at March 31, 2016 and December 31, 2015 using the Dynamic Black Scholes model that computes the impact of a possible change in control transaction upon the exercise of the warrant shares

F-18



at approximately $3,534,924. The dynamic Black-Scholes inputs used were: expected dividend rate of 0%, expected volatility of 70%-100%, risk free interest rate of 1.21%, and expected term of 4.16 years.
The Certificate of Designation contains customary anti-dilution protection for proportional adjustments (e.g. stock splits).
The beneficial conversion feature (BCF) relates to potential difference between the effective conversion price (measured based on proceeds allocated to the Series B Preferred Stock) and the fair value of the stock into which Preferred B Shares are currently convertible (common stock).
If a conversion option embedded in a debt host instrument does not require separate accounting as a derivative instrument under ASC 815, the convertible hybrid instrument must be evaluated under ASC 470-20 for the identification of a possible BCF.
The BCF will be initially recognized as an offsetting reduction to Series B Preferred Stock (debit) - Temporary Equity, with the credit being recognized in equity (additional paid-in capital).
The resulting debt issuance costs, debt discount, value allocated to warrants, and BCF should be accreted to the Series B Preferred Stock to ensure that the Series B Preferred Stock balance is equal to its face value as of the redemption or conversion date, if conversion is expected earlier.
The BCF was determined by calculating the intrinsic value of the conversion feature as follows:
Face amount of Series B Preferred Stock
$
25,000,000

Less: allocated value of Warrants
7,028,067

Allocated value of Series B Preferred Stock
$
17,971,933

Shares of Common stock to be converted
8,064,534

Effective conversion price
$
2.23

Market price
$
2.94

Intrinsic value per share
$
0.7115

Intrinsic value of beneficial conversion feature
$
5,682,741

For the quarters ending March 31, 2016 and December 31, 2015, respectively, a total of $ $373,706 and 376,571 of dividends were accrued on our outstanding Series B Preferred Stock (not including shares of Series B Preferred Stock converted into common stock in August 2015, as described above). We were prohibited from paying such dividends in shares of common stock because the applicable Dividend Stock Payment Price was below $2.91. The “Dividend Stock Payment Price” is calculated by dividing (a) the accrued dividends by (b) 90% of the arithmetic average of the volume weighted average price (VWAP) of the Company’s common stock for the 10 trading days immediately prior to the applicable date of determination. In the event the applicable Dividend Stock Payment Price is below $2.91 we are required to pay such dividend in cash or in-kind in additional shares of Series B Preferred Stock. Pursuant to the terms of our Credit Agreement, we are prohibited from paying the dividend in cash and therefore we paid the accrued dividends in-kind for the quarters ending March 31, 2016 and December 31, 2015, respectively, by way of the issuance of restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock totaling 124,258 and 122,425 in April 2016 and January 2016, respectively. If converted in full, the 124,258 and 122,425 shares of restricted Series B Preferred Stock would convert into 124,258 and 122,425, respectively, shares of our common stock.
Series C Convertible Preferred Stock

On January 29, 2016, we sold 44,000 shares of newly-designated Series C Preferred Stock (as described below) in consideration for $4 million.

The Series C Convertible Preferred Stock ("Series C Preferred Stock"), authorized on January 29, 2016, does not accrue a dividend, but has participation rights on an as-converted basis, to any dividends paid on the Company’s common stock (other than dividends paid solely in common stock). Each Series C Preferred Stock share has a $100 face value, and a liquidation preference (in the amount of $100 per share) which is junior to the Company’s previously outstanding shares of preferred stock, senior credit facilities and other debt holders as provided in further detail in the designation, but senior to the common stock.

The Series C Preferred Stock is convertible into shares of the Company’s common stock at the holder’s option at any time at $1.00 per share (initially a 100:1 basis (subject to adjustments for stock splits and recapitalizations)). The Series C Preferred Stock votes

F-19



together with the common stock on an as-converted basis (the "Voting Rights"), provided that each holder’s voting rights are subject to and limited by the Series C Beneficial Ownership Limitation described below and provided further that notwithstanding any of the foregoing, solely for purposes of determining the Voting Rights, the Voting Rights accorded to such Series C Convertible Preferred Stock will be determined as if converted at $1.05 per share (the market value of the common stock as of the close of trading on the day prior to the original issuance date of the Series C Preferred Stock), and subject to equitable adjustment as discussed in the designation. There are no redemption rights associated with the Series C Preferred Stock.

The Series C Preferred Stock contains a provision prohibiting the conversion of the Series C Preferred Stock into common stock of the Company, if upon such conversion or exercise, as applicable, the holder thereof would beneficially own more than 4.999% of the Company’s then outstanding common stock (the “Series C Beneficial Ownership Limitation”). The Series C Beneficial Ownership Limitation may be increased up and down on a per holder basis, with 61 days prior written notice from any holder, provided the Series C Beneficial Ownership Limitation may never be higher than 9.999%.

So long as any shares of Series C Preferred Stock are outstanding, we are prohibited from undertaking any of the following without first obtaining the approval of the holders of a majority of the outstanding shares of Series C Preferred Stock: (a) increasing or decreasing (other than by redemption or conversion) the total number of authorized shares of Series C Preferred Stock; (b) re-issuing any shares of Series C Preferred Stock converted; (c) creating, or authorizing the creation of, or issuing or obligating the Company to issue shares of, any class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series C Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company, or increasing the authorized number of shares of any additional class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series C Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company; (d) effecting an exchange, reclassification, or cancellation of all or a part of the Series C Preferred Stock (except pursuant to the terms of the designation); (e) effecting an exchange, or creating a right of exchange, of all or part of the shares of another class of shares into shares of Series C Preferred Stock (except pursuant to the terms of the designation); (f) issuing any additional shares of Series C Preferred Stock; (g) altering or changing the rights, preferences or privileges of the shares of Series C Preferred Stock so as to affect adversely the shares of such series; or (h) amending or waiving any provision of the Company’s Articles of Incorporation or Bylaws relative to the Series C Preferred Stock so as to affect adversely the shares of Series C Preferred Stock in any material respect as compared to holders of other series of shares.

F-20



NOTE 13.  SEGMENT REPORTING
 
The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions. Segment information for the three months ended March 31, 2016 and 2015 is as follows:

THREE MONTHS ENDED MARCH 31, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
10,133,494

 
$
2,626,455

 
$
1,372,655

 
$
14,132,604

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(6,983,184
)
 
$
(276,304
)
 
$
(117,983
)
 
$
(7,377,471
)

THREE MONTHS ENDED MARCH 31, 2015
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
24,913,976

 
$
8,266,120

 
$
4,504,243

 
$
37,684,339

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(7,893,676
)
 
$
55,049

 
$
429,822

 
$
(7,408,805
)

NOTE 14. INCOME TAXES
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Income tax expense (benefit) attributable to income from continuing operations differed from the amounts computed by applying the U.S. federal income tax of 34% to pretax income from continuing operations as a result of the following for the estimated fiscal years 2016 and 2015
 
 
2016
 
2015
Statutory tax on book  income
 
$
(477,000
)
 
$
(5,852,000
)
Permanent differences
 
571,000

 
(3,428,000
)
Net operating loss utilization
 

 

Change in valuation allowance
 
(211,000
)
 
15,109,000

Other
 
(646
)
 
(523,000
)
Income tax expense (benefit)
 
$
(117,646
)
 
$
5,306,000

NOTE 15. SUBSEQUENT EVENTS

Issuance of Series B Preferred Stock Shares In-Kind

Pursuant to the terms of our Credit Agreement with our senior lender, we are prohibited from paying dividends in cash and therefore we paid the accrued dividends in-kind by way of the issuance of 124,258 restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock in April 2016. If converted in full, the 124,258 shares of restricted Series B Preferred Stock would convert into 124,258 shares of our common stock.

Amendment No. 1 to Amended and Restated Credit and Guaranty Agreement
On May 9, 2016, we entered into Amendment No. 1 to the Amended and Restated Credit Agreement (“Amendment No. 1”), which amended the Restated Credit Agreement. Pursuant to Amendment No. 1, we, Vertex Operating, substantially all of our other wholly-owned subsidiaries, the Lender and the Agent, agreed to amend the Restated Credit Agreement to (a) change the threshold constituting a change of control under the Restated Credit Agreement, from any time that Benjamin P. Cowart, our Chief Executive Officer, Chairman and largest stockholder, ceases to beneficially own and control at least 20% on a fully diluted basis of the

F-21



economic and voting interests of our capital stock (“Fully-Diluted Capital Stock”), to any time that Mr. Cowart beneficially owns less than 10% of our Fully-Diluted Capital Stock; (b) extend the date that we are required to meet certain fixed charge coverage ratios from the quarter ending September 30, 2016, to the quarter ending March 31, 2017; (c) adjust the calculation of leverage ratio described in the Restated Credit Agreement; (d) allow for the Offering (described below) and the required payment of $800,000 to the Lender in connection with such Offering (representing the payment originally due June 30, 2016); (e) provide that the financial covenants relating to fixed charge ratios and leverage ratios would not be tested for the quarters ending September 30, 2016 and December 31, 2016, in the event we make the $800,000 payment to the Lender described below (f) amend the required timing for certain other post-closing events to occur under the terms of the Restated Credit Agreement; and (g) include a release whereby we (and substantially all of our wholly-owned subsidiaries) released the Investor and Agent for any claims which we had, or could have had, as of the date the parties entered into Amendment No. 1.

Unit Offering
On May 10, 2016, we entered into a Unit Purchase Agreement (the “Purchase Agreement”) with certain accredited investors (the “Investors”), pursuant to which the Company agreed to sell to the Investors an aggregate of approximately 12 million units (the “Units”), each consisting of (i) one share of to-be designated Series B1 Preferred Stock of the Company, $0.001 par value per share (the “Series B1 Preferred Stock”) and (ii) one warrant to purchase one-quarter of a share of common stock of the Company, $0.001 par value per share (each a “Warrant” and collectively, the “Warrants”). The Units were agreed to be sold at a price of $1.56 per Unit (the “Unit Price”) (a 2.6% premium to the closing bid price of the Company’s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was $1.52 per share (the “Closing Bid Price”)). The Warrants have an exercise price of $1.53 per share ($0.01 above the Closing Bid Price). Total gross proceeds from the offering of the Units (the “Offering”) will be approximately $19.3 million.

A total of approximately $18.6 million of the securities sold in the Offering came from investors who participated in the Company’s prior June 2015 offering of Series B Preferred Stock and warrants to purchase shares of common stock. 60% of the funds received from such investors will be used to immediately repurchase such investors’ Series B Preferred Stock. As a result, a total of approximately $11.2 million of the proceeds raised in the Offering will be used to immediately repurchase and retire approximately 3.6 million shares of Series B Preferred Stock and pay accrued interest on such repurchased shares through the closing date (the “Repurchases”), leaving net proceeds of approximately $8.1 million, before deducting placement agents’ fees and estimated offering expenses. Of these net proceeds, $800,000 will be used to pay amounts owed to the Lender, as discussed above and the remaining proceeds for working capital purposes and potential acquisitions.

Craig-Hallum Capital Group LLC (the “Placement Agent”) acted as exclusive placement agent in connection with the Offering. The Placement Agent will receive a commission equal to 6.5% of the net proceeds after affecting the Repurchases described above, from the Offering, for an aggregate commission of approximately $530,000.

The Company’s Chief Executive Officer and Chairman, Benjamin P. Cowart and the Company’s Chief Financial Officer and Secretary, Chris Carlson, each agreed to purchase 32,052 Units ($50,000 of Units) in the Offering and in connection with such purchases will be issued 32,052 shares of Series B1 Preferred Stock and Warrants to purchase 8,013 shares at the closing of the Offering.

The Purchase Agreement contains customary representations and warranties and covenants of the Company and is subject to customary closing conditions. The Company anticipates that the Offering will close on or about May 13, 2016, subject to the satisfaction or waiver of the closing conditions.

F-22



Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this Report. These factors include:

risks associated with our outstanding credit facilities, including amounts owed, restrictive covenants, security interests thereon and our ability to repay such facilities and amounts due thereon when due;
the level of competition in our industry and our ability to compete;
our ability to respond to changes in our industry;
the loss of key personnel or failure to attract, integrate and retain additional personnel;
our ability to protect our intellectual property and not infringe on others’ intellectual property;
our ability to scale our business;
our ability to maintain supplier relationships and obtain adequate supplies of feedstocks;
our ability to obtain and retain customers;
our ability to produce our products at competitive rates;
material weaknesses in our internal controls over financial reporting;
our ability to execute our business strategy in a very competitive environment;
trends in, and the market for, the price of oil and gas and alternative energy sources;
our ability to maintain our relationship with KMTEX;
the impact of competitive services and products;
our ability to integrate acquisitions;
our ability to complete future acquisitions;
our ability to maintain insurance;
potential future litigation, judgments and settlements;
rules and regulations making our operations more costly or restrictive;
changes in environmental and other laws and regulations and risks associated with such laws and regulations;
economic downturns both in the United States and globally;
risk of increased regulation of our operations and products;
negative publicity and public opposition to our operations;
disruptions in the infrastructure that we and our partners rely on;
an inability to identify attractive acquisition opportunities and successfully negotiate acquisition terms;
our ability to effectively integrate acquired assets, companies, employees or businesses;
liabilities associated with acquired companies, assets or businesses;
interruptions at our facilities;
required earn-out payments and other contingent payments we are required to make;
unexpected changes in our anticipated capital expenditures resulting from unforeseen required maintenance, repairs, or upgrades;

1



our ability to acquire and construct new facilities;
certain events of default which have occurred under our debt facilities and previously been waived;
prohibitions on borrowing and other covenants of our debt facilities;
our ability to effectively manage our growth;
repayment of and covenants in our debt facilities;
the lack of capital available on acceptable terms to finance our continued growth; and
other risk factors included under “Risk Factors” below and in our Annual Report on Form 10-K.

You should read the matters described in “Risk Factors” below and disclosed in the Company’s Annual Report on Form 10-K, filed with the Commission on April 4, 2016 and the other cautionary statements made in this Report as being applicable to all related forward-looking statements wherever they appear in this Report. We cannot assure you that the forward-looking statements in this Report will prove to be accurate and therefore prospective investors are encouraged not to place undue reliance on forward-looking statements. Other than as required by law, we undertake no obligation to update or revise these forward-looking statements, even though our situation may change in the future.

Please see the “Glossary of Selected Terms” incorporated by reference hereto as Exhibit 99.1, for a list of abbreviations and definitions used throughout this Report.

Certain capitalized terms used below and otherwise defined below, have the meanings given to such terms in the footnotes to our consolidated financial statements included above under “Part I - Financial Information” - “Item 1. Financial Statements”.

In this Quarterly Report on Form 10-Q, we may rely on and refer to information regarding the refining, re-refining, used oil and oil and gas industries in general from market research reports, analyst reports and other publicly available information.  Although we believe that this information is reliable, we cannot guarantee the accuracy and completeness of this information, and we have not independently verified any of it.

Where You Can Find Other Information

We file annual, quarterly, and current reports, proxy statements and other information with the Securities and Exchange Commission (“SEC”). Our SEC filings are available to the public over the Internet at the SEC’s website at www.sec.gov and are available for download, free of charge, soon after such reports are filed with or furnished to the SEC, on the “Investor Relations,” “SEC Filings” page of our website at www.vertexenergy.com. Information on our website is not part of this Report, and we do not desire to incorporate by reference such information herein. You may also read and copy any documents we file with the SEC at the SEC’s Public Reference Room at 100 F Street N.E., Washington, D.C. 20549. You can also obtain copies of the document upon the payment of a duplicating fee to the SEC. Please call the SEC at 1-800-SEC-0330 for further information on the operation of the Public Reference Room. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC like us. Our SEC filings are also available to the public from the SEC’s website at http://www.sec.gov. Copies of documents filed by us with the SEC are also available from us without charge, upon oral or written request to our Secretary, who can be contacted at the address and telephone number set forth on the cover page of this Report.

Corporate History:
Vertex Energy, Inc. (the “Company,” “we,” “us,” and “Vertex”) was formed as a Nevada corporation on May 14, 2008. Pursuant to an Amended and Restated Agreement and Plan of Merger dated May 19, 2008, by and between Vertex Holdings, L.P. (formerly Vertex Energy, L.P.), a Texas limited partnership (“Holdings”), us, World Waste Technologies, Inc., a California corporation (“WWT” or “World Waste”), Vertex Merger Sub, LLC, a California limited liability company and our wholly-owned subsidiary (“Merger Subsidiary”), and Benjamin P. Cowart, our Chief Executive Officer, as agent for our shareholders (as amended from time to time, the “Merger Agreement”). Effective on April 16, 2009, World Waste merged with and into Merger Subsidiary, with Merger Subsidiary continuing as the surviving corporation and becoming our wholly-owned subsidiary (the “Merger”). In connection with the Merger, (i) each outstanding share of World Waste common stock was canceled and exchanged for 0.10 shares of our common stock; (ii) each outstanding share of World Waste Series A preferred stock was canceled and exchanged for 0.4062 shares of our Series A preferred stock; and (iii) each outstanding share of World Waste Series B preferred stock was canceled and exchanged for 11.651 shares of our Series A preferred stock.

2



Description of Business Activities:
We are an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Our primary focus is recycling used motor oil and other petroleum by-products. We are engaged in operations across the entire petroleum recycling value chain including collection, aggregation, transportation, storage, re-refinement, and sales of aggregated feedstock and re-refined products to end users. We operate in three divisions Black Oil, Refining and Marketing, and Recovery.
We currently provide our services in 15 states, primarily in the Gulf Coast and Central Midwest regions of the United States. For the rolling twelve month period ending March 31, 2016, we aggregated approximately 108.6 million gallons of used motor oil and other petroleum by-product feedstocks and managed the re-refining of approximately 69.5 million gallons of used motor oil with our proprietary Thermal Chemical Extraction Process (“TCEP”), VGO and Base Oil processes.
Our Black Oil division collects and purchases used motor oil directly from third-party generators, aggregates used motor oil from an established network of local and regional collectors, and sells used motor oil to our customers for use as a feedstock or replacement fuel for industrial burners.
Our Refining and Marketing division aggregates and manages the re-refinement of used motor oil and other petroleum by-products and sells the re-refined products to end customers. We operate a refining facility that uses our proprietary TCEP and we also utilize third-party processing facilities. We also acquired our Marrero, Louisiana facility, which facility re-refines used motor oil and also produces vacuum gas oil ("VGO") and our Myrtle Grove re-refining complex in Belle Chasse, Louisiana in May 2014. At the same time we acquired Golden State Lubricant Works, LLC ("Golden State"), a blending and storage facility in Bakersfield, California which is no longer in operation as of the date of this report.
Our Recovery division includes a generator solutions company for the proper recovery and management of hydrocarbon streams as well as a company named E-Source. E-Source provides dismantling, demolition, decommission and marine salvage services at industrial facilities throughout the Gulf Coast. E-Source also owns and operates a fleet of trucks and other vehicles that are used for shipping and handling equipment and scrap materials.
Black Oil Division
Our Black Oil division is engaged in operations across the entire used motor oil recycling value chain including collection, aggregation, transportation, storage, refinement, and sales of aggregated feedstock and re-refined products to end users. We collect and purchase used oil directly from generators such as oil change service stations, automotive repair shops, manufacturing facilities, petroleum refineries, and petrochemical manufacturing operations. We own a fleet of 26 collection vehicles, which routinely visit generators to collect and purchase used motor oil. We also aggregate used oil from a diverse network of approximately 50 suppliers who operate similar collection businesses to ours.
We manage the logistics of transport, storage and delivery of used oil to our customers. We own a fleet of 15 transportation trucks and more than 150 aboveground storage tanks with over 7.3 million gallons of storage capacity. These assets are used by both the Black Oil division and the Refining and Marketing division. In addition, we also utilize third parties for the transportation and storage of used oil feedstocks. Typically, we sell used oil to our customers in bulk to ensure efficient delivery by truck, rail, or barge. In many cases, we have contractual purchase and sale agreements with our suppliers and customers, respectively. We believe these contracts are beneficial to all parties involved because it ensures that a minimum volume is purchased from collectors and generators, a minimum volume is sold to our customers, and we are able to minimize our inventory risk by a spread between the costs to acquire used oil and the revenues received from the sale and delivery of used oil. We also use our proprietary TCEP technology to re-refine used oil into marine fuel cutterstock and a higher-value feedstock for further processing; however we are currently not utilizing our TCEP technology due to market conditions. In addition, at our Marrero facility we produce a Vacuum Gas Oil (VGO) product that is sold to refineries as well as to the marine fuels market. At our Columbus, Ohio facility (Heartland Petroleum) we produce a base oil product that is sold to lubricant packagers and distributors.
Refining and Marketing Division
Our Refining and Marketing division is engaged in the aggregation of feedstock, re-refining it into higher value end products, and selling these products to our customers, as well as related transportation and storage activities. We aggregate a diverse mix of feedstocks including used motor oil, petroleum distillates, transmix and other off-specification chemical products. These feedstock streams are purchased from pipeline operators, refineries, chemical processing facilities and third-party providers, and are also transferred from our Black Oil division. We have a toll-based processing agreement in place with KMTEX to re-refine feedstock streams, under our direction, into various end products that we specify. KMTEX uses industry standard processing

3



technologies to re-refine our feedstocks into pygas, gasoline blendstock and marine fuel cutterstock. We sell all of our re-refined products directly to end-customers or to processing facilities for further refinement.
Recovery Division
The Recovery division is a generator solutions company for the proper recovery and management of hydrocarbon streams. The Recovery division also provides industrial dismantling, demolition, decommissioning, investment recovery and marine salvage services in industrial facilities. The Company (through this division) owns and operates a fleet of eight trucks and heavy equipment used for processing, shipping and handling of reusable process equipment and other scrap commodities.
Biomass Renewable Energy
We are also continuing to work on joint development commercial projects which focus on the separation of municipal solid waste into feedstocks for energy production. We are very selective in choosing opportunities that we believe will result in value for our shareholders. We can provide no assurance that the ongoing venture will successfully bring any projects to a point of financing or successful construction and operation.
Thermal Chemical Extraction Process
We own the intellectual property for our patented TCEP. TCEP is a technology which utilizes thermal and chemical dynamics to extract impurities from used oil which increases the value of the feedstock. We intend to continue to develop our TCEP technology and design with the goal of producing additional re-refined products, including lubricating base oil.
TCEP differs from conventional re-refining technologies, such as vacuum distillation and hydrotreatment, by relying more heavily on chemical processes to remove impurities rather than temperature and pressure. Therefore, the capital requirements to build a TCEP plant are typically much less than a traditional re-refinery because large feed heaters, vacuum distillation columns, and a hydrotreating unit are not required. The end product currently produced by TCEP is used as fuel oil cutterstock. Conventional re-refineries produce lubricating base oils or product grades slightly lower than base oil that can be used as industrial fuels or transportation fuel blendstocks.
We currently estimate the cost to construct a new, fully-functional, commercial facility using our TCEP technology, with annual processing capacity of between 25 and 50 million gallons at another location would be approximately $10 - $15 million, which could fluctuate based on throughput capacity. The facility infrastructure would require additional capitalized expenditures which would depend on the location and site specifics of the facility. As noted above, we are currently not utilizing this technology.
Products and Services
We generate substantially all of our revenue from the sale of five product categories. All of these products are commodities that are subject to various degrees of product quality and performance specifications.
Used Motor Oil
Used motor oil is a petroleum-based or synthetic lubricant that contains impurities such as dirt, sand, water, and chemicals.
Fuel Oil
Fuel Oil is a distillate fuel which is typically blended with lower quality fuel oils. The distillation of used oil and other petroleum by-products creates a fuel with low viscosity, as well as low sulfur, ash, and heavy metal content, making it an ideal blending agent.
Pygas
Pygas, or pyrolysis gasoline, is a product that can be blended with gasoline as an octane booster or that can be distilled and separated into its components, including benzene and other hydrocarbons.

4



Gasoline Blendstock
Naphthas and various distillate products used for blending or compounding into finished motor gasoline. These components can include reformulated gasoline blendstock for oxygenate blending (RBOB) but exclude oxygenates (alcohols and ethers), butane, and pentanes plus.
Base Oil
An oil to which other oils or substances are added to produce a lubricant. Typically the main substance in lubricants, base oils are refined from crude oil.
Acquisitions:
Effective as of August 31, 2012, we acquired 100% of the outstanding equity interests of Vertex Acquisition Sub, LLC (“Acquisition Sub”), a special purpose entity consisting of substantially all of the assets of Holdings and real-estate properties of B & S Cowart Family L.P. (“B&S LP” and the “Acquisition”). Prior to closing the Acquisition, Holdings contributed to Acquisition Sub substantially all of its assets and liabilities relating to the business of transporting, storing, processing and re-refining petroleum products, crudes and used lubricants, including all of the outstanding equity interests in Holdings’ wholly-owned operating subsidiaries, Cedar Marine Terminals, L.P. (“CMT”); Crossroad Carriers, L.P. (“Crossroad”); Vertex Recovery, L.P. (“Vertex Recovery”); and H&H Oil, L.P. (“H&H Oil”) and B&S LP contributed real estate associated with the operations of H&H Oil.
Cedar Marine Terminals, L.P. ("Cedar Marine Terminals") operates a 19-acre bulk liquid storage facility on the Houston Ship Channel. The terminal serves as a truck-in, barge-out facility and provides throughput terminal operations. Cedar Marine Terminals is also the site of our proprietary, patented, TCEP (described above).
Crossroad Carriers, L.P. is a third-party common carrier that provides transportation and logistical services for liquid petroleum products, as well as other hazardous materials and product streams.
Vertex Recovery L.P. ("Vertex Recovery") is a generator solutions company for the recycling and collection of used oil and oil-related residual materials from large regional and national customers throughout the U.S. and Canada. It facilitates its services through a network of independent recyclers and franchise collectors.
H&H Oil, L.P. collects and recycles used oil and residual materials from customers based in Austin, Baytown, San Antonio and Corpus Christi, Texas.

Benjamin P. Cowart, our Chief Executive Officer, President, Chairman and largest shareholder, directly or indirectly owned a 77% interest in Holdings and a 100% interest in B&S LP. Additionally, Chris Carlson, our Chief Financial Officer, owned a 10% interest in Holdings.
We had numerous relationships and related-party transactions with Holdings and its subsidiaries prior to closing the Acquisition, including, but not limited to, our lease of a storage facility, our subletting of office space, and agreements to operate the TCEP facility and to transport and store feedstock and end products. The closing of the Acquisition eliminated these related party transactions. The description of our operations below reflects the closing of the Acquisition, unless otherwise stated or the discussion requires otherwise.
Effective October 1, 2013, Vertex acquired a 51% interest in E-Source Holdings, LLC (“E-Source”), a company that leases and operates a facility located in Houston, Texas, and provides dismantling, demolition, decommission and marine salvage services at industrial facilities throughout the Gulf Coast. E-Source also owns and operates a fleet of trucks and other vehicles used for shipping and handling equipment and scrap materials. E-Source falls under our Recovery division. Effective January 1, 2014, the Company purchased an additional 19% ownership interest in E-Source. On September 4, 2014, the Company acquired the remaining 30% interest in E-Source and as of such date the Company owns 100% of E-Source.
On May 2, 2014, we completed the Initial Closing (defined below) contemplated under that certain Asset Purchase Agreement entered into on March 17, 2014 (as amended, the “Omega Purchase Agreement”) by and among the Company, Vertex Refining LA, LLC and Vertex Refining NV, LLC (“Vertex Refining Nevada”), both wholly-owned subsidiaries of Vertex Energy Operating, LLC, our wholly-owned subsidiary (“Vertex Operating”), Louisiana LV OR LLC f/k/a Omega Refining, LLC (“Omega Refining”), Bango Refining NV, LLC (“Bango Refining”) and Omega Holdings Company LLC (“Omega Holdings” and collectively with Omega Refining and Bango Refining, “Omega” or the “sellers”).

5



Pursuant to the Omega Purchase Agreement, we agreed to acquire certain of Omega’s assets related to (1) the operation of oil re-refineries and, in connection therewith, purchasing used lubricating oils and re-refining such oils into processed oils and other products for the distribution, supply and sale to end-customers and (2) the provision of related products and support services. Specifically, the assets included Omega’s Marrero, Louisiana and Bango, Nevada, re-refineries (which re-refine approximately 80 million gallons of used motor oil per year). Additionally, the Marrero, Louisiana plant produces vacuum gas oil (VGO) and the Bango, Nevada plant produces base lubricating oils. Omega also operated Golden State Lubricants Works, LLC, a strategic blending and storage facility located in Bakersfield, California, which we acquired in the acquisition and have since ceased operations at. In connection with the acquisition, we also acquired certain of Omega's prepaid assets and inventory.
The acquisition was to close in two separate closings, the first of which relating to the acquisition of Omega Refining (including the Marrero, Louisiana re-refinery and Omega’s Myrtle Grove complex in Belle Chaise, Louisiana) and ownership of Golden State, as described above (the “Acquired Business”), closed on May 2, 2014 (the “Initial Closing”), and the second of which relating to the acquisition of Bango Refining and the Bango, Nevada plant, was planned to close thereafter, subject to certain closing conditions being met prior to closing (the “Final Closing”).
The purchase price paid at the Initial Closing was $30,750,000 in cash, 500,000 shares of our restricted common stock (valued at approximately $4 million) and the assumption of certain capital lease obligations and other liabilities relating to contracts and leases of Omega Refining in connection with the Initial Closing. We also agreed to provide Omega a loan in the amount of up to approximately $13.8 million (described below).
The required closing date of the Final Closing was extended by the parties until January 31, 2015, provided that such Final Closing failed to occur by such date, and on February 25, 2015, we provided Omega Refining, Bango Refining, and Omega Holdings, formal notice of the termination of the Company’s rights to complete the Final Closing, provided that as disclosed below under “Recent Events” in January 2016, we acquired and then immediately sold the Bango Plant.
In connection with the Initial Closing, Omega Refining and Bango Refining provided Vertex Refining Nevada a Secured Promissory Note (the “Omega Secured Note”) in the aggregate amount of $13,858,067, which was due and payable on March 31, 2015, which was not paid on such date, which is in default and which accrues interest at 18% per annum until paid in full. The repayment of the Omega Secured Note is guaranteed by Omega Holdings pursuant to a Guaranty Agreement and secured by a security interest granted pursuant to the terms of the Omega Secured Note and a Leasehold Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing.
The assets and operations acquired from Omega fall under our Black Oil division.
On December 5, 2014 (the “Closing”), we closed the transactions contemplated by the October 21, 2014 Asset Purchase Agreement by and among the Company; Vertex Refining OH, LLC (“Vertex OH”), a wholly-owned subsidiary of Vertex Operating; Vertex Operating and Warren Ohio Holdings Co., LLC, f/k/a Heartland Group Holdings, LLC (“Heartland”)(as amended, the “Heartland Purchase Agreement”).
In connection with the Closing, we acquired substantially all of the assets of Heartland related to and used in an oil re-refinery and, in connection with the collecting, aggregating and purchasing of used lubricating oils and the re-refining of such oils into processed oils and other products for the distribution, supply and sale to end-customers, including raw materials, finished products and work-in-process, equipment and other fixed assets, customer lists and marketing information, the name ‘Heartland’ and other related trade names, Heartland’s real property relating to its used oil refining facility located in Columbus, Ohio, used oil storage and transfer facilities located in Columbus, Zanesville and Norwalk, Ohio (provided that the acquisition of the Norwalk, Ohio location is subject to the terms and conditions of the Second Amendment), and leases related to storage and transfer facilities located in Zanesville, Ohio, Mount Sterling, Kentucky, and Ravenswood, West Virginia (collectively, the “Heartland Assets”) and assumed certain liabilities of Heartland associated with certain assumed and acquired agreements (collectively, the “Acquired Business”). The main assets excluded from the purchased assets pursuant to the Heartland Purchase Agreement were Heartland’s cash and cash equivalents, receivables, certain prepaid expenses, refunds and related claims, rights to certain tax refunds, certain assets used in the operations of Heartland which are used more than incidentally by Heartland’s majority equity owner (Warren Distribution, Inc. (“Warren”)) in connection with the operation of its other businesses and certain real property.
The purchase price paid in consideration for the Heartland Assets was the assumption of the assumed liabilities and an aggregate of 2,257,467 shares of restricted common stock (the “Heartland Shares”), representing a total of 1,189,637 shares valued at $8,276,792, as agreed pursuant to the terms of the original Heartland Purchase Agreement, 303,957 shares which were due in consideration for the purchase of various inventory of Heartland acquired by the Company at the closing in connection with the purchase of inventory, valued at $792,270, and a total of 763,873 shares due in consideration for the Reimbursement of Operating Losses (described below). A total of 150,000 shares of restricted common stock issued at Closing are being held in escrow and

6



will be used to satisfy indemnification claims (the “Escrow Shares”). An aggregate of an additional $200,000 was owed to Heartland in connection with an inventory true-up after Closing and as such, we issued Heartland an additional 56,180 shares of restricted common stock ($200,000 divided by $3.56).
Pursuant to a Consulting Agreement previously entered into with Heartland in July 2014, Vertex Operating agreed to provide consulting services to Heartland while the parties negotiated the definitive terms of the Heartland Purchase Agreement (the “Consulting Agreement”), and to reimburse Heartland for its operating losses (on a cash basis net of interest, depreciation, corporate overhead expenses and insurance proceeds received), which totaled $2,716,561 as of closing (the “Reimbursement for Operating Losses”).
Heartland also has the right pursuant to the terms of the Heartland Purchase Agreement to earn additional earn-out consideration of up to a maximum of $8,276,792, based on total EBITDA related to the Heartland Business during the twelve month period beginning on January 1, 2016 (the “Earnout Period”), as follows (as applicable, the “Contingent Payment”):
EBITDA generated during Earnout Period
Contingent Payment Due
Less than $1,650,000
$0
At least $1,650,000
$4,138,396
More than $1,650,000 and less than $3,300,000
Pro-rated between $4,138,396 and $8,276,792
$3,300,000
$8,276,792
Any Contingent Payment due is payable 50% in cash and 50% in shares of the Company’s common stock based on VWAP commencing on the trading day immediately following the last day of the Earnout Period and ending on such tenth trading day thereafter. Additionally, the amount of any Contingent Payment is reduced by two-thirds of the cumulative total of required capital expenditures incurred at Heartland’s refining facility in Columbus, Ohio, which are paid or funded by Vertex OH after the closing, not to exceed $866,667, which capital expenditures are estimated to total $1.3 million in aggregate. In December 2015 the Company wrote off the $6,069,000 that was included in liabilities as a contingency because the projections indicated there would more likely than not be a payout during the Earnout Period.
Notwithstanding the above, the maximum number of shares of common stock to be issued pursuant to the Heartland Purchase Agreement (including shares sold in connection with certain Subscription Agreements entered into with trusts beneficially owned by our Chief Executive Officer on or around the same date) cannot (i) exceed 19.9% of the outstanding shares of common stock outstanding on October 21, 2014, (ii) exceed 19.9% of the combined voting power of the Company on October 21, 2014, or (iii) otherwise exceed such number of shares of common stock that would violate applicable listing rules of the NASDAQ Stock Market in the event the Company’s stockholders do not approve the issuance of such shares (the “Share Cap”). In the event the number of shares to be issued exceeds the Share Cap, then Vertex OH is required to instead pay any such additional consideration in cash or obtain the approval of the Company’s stockholders under applicable rules and requirements of the NASDAQ Capital Market for the additional issuance of shares.
The assets and operations acquired from Heartland fall under our Black Oil division.
Aaron Oil Acquisition
Effective August 6, 2015, H&H Oil acquired a collection route consisting of collecting, shipping and selling used oil, oil filters, antifreeze and other related services in the state of Louisiana, but excluding industrial customers, maritime customers, off shore customers, dockside locations, industrial services, used absorbent services, wastewater generating customers and collectors/transporters of crankcase used oil, petroleum fuel reclamation customers and crude oil producers/processing/recovery/reclamation customers of Aaron Oil Company, Inc. (“Aaron Oil”). Included in the purchase were certain trucks and other assets owned by Aaron Oil and certain contract rights. The President, Chief Executive Officer and owner of Aaron Oil is Dan Cowart, the brother of our Chief Executive Officer and largest stockholder, Benjamin P. Cowart. The acquisition price paid at closing was approximately $1 million, which included a reimbursement for certain prepaid contract rights. Aaron Oil also agreed to provide account servicing services to us for a period of sixty days following the closing at an agreed upon price per gallon of oil serviced. Aaron Oil also agreed to a non-compete provision prohibiting Aaron Oil from competing against the Company in the Louisiana market for a period of two years from the closing.


7



Recent Events:
Purchase and Sale Agreement, Churchill County, Nevada Plant
On January 28, 2016, we entered into an Asset Purchase Agreement (the “Sale Agreement”) with Vertex Operating and its wholly-owned subsidiary, Vertex Refining Nevada, Bango Oil, LLC (“Bango Oil”)(provided that Bango Oil did not become a party to the agreement until we exercised the Purchase Option, described below) and Safety-Kleen Systems, Inc. (“Safety-Kleen”).
Pursuant to the Sale Agreement, which closed on January 29, 2016, we (through Bango Oil after we acquired Bango Oil as described below pursuant to our exercise of the Purchase Option) sold Safety-Kleen the used oil re-refining plant located on approximately 40 acres in Churchill County, Nevada (the “Bango Plant”), which we previously rented, and all equipment, tools and other tangible personal property located at the Bango Plant, which relate to or are used in connection with the operations of the Bango Plant (collectively, the “Bango Assets”). Safety-Kleen assumed certain liabilities associated with contracts assumed in the purchase and related to bringing the Bango Plant back into operational status. The aggregate purchase price for the Bango Assets was $35 million, subject to adjustment as described in the Sale Agreement for certain taxes, costs and expenses incurred by Safety-Kleen after closing. A total of $1.3 million of the purchase price was used by us in order to exercise the options we had pursuant to two Lease and Purchase Agreements (the “Equipment Leases”) we were party to, which provided for the use of a rail facility and related equipment and a pre-fabricated metal building located at the Fallon, Nevada, facility, and which provided us (through Vertex Refining Nevada) the right to acquire the applicable property/equipment subject to each Equipment Lease at any time prior to the expiration of the leases for $914,000 and $400,000, respectively. Additionally, $100,000 of the purchase price was retained by Safety-Kleen to acquire certain water rights necessary for operation of the Bango Plant. Finally, a required closing condition of the Sale Agreement was that we use a portion of the purchase price to exercise the purchase option set forth in that certain Lease With Option For Membership Interest Purchase (the “Bango Lease”) entered into on April 30, 2015, by and between us, Vertex Refining Nevada and Bango Oil, whereby, we had the option at any time during the term of the lease to purchase all of the equity interests of Bango Oil (the “Purchase Option”), effectively acquiring ownership of the Bango Plant. The Purchase Option was exercised by us on January 29, 2016, in connection with the closing of the Sale Agreement, at which time Bango Oil became a wholly-owned subsidiary of Vertex Refining Nevada, and we paid approximately $9 million of consideration to Bango Oil in connection with the Purchase Option as described in greater detail below under “Membership Interest Purchase Agreement”. The terms of the Bango Lease and Equipment Leases are described in greater detail in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on May 5, 2015. Additionally, an aggregate of $16 million of the purchase price paid by Safety-Kleen in connection with the Sale Agreement was required to be paid by us to our senior lender, Goldman Sachs Bank USA, at closing, which amount was paid at closing, and which funds were used to pay down amounts owed to Goldman Sachs Bank USA under our Credit Agreement, as described in greater detail below under “Amended and Restated Credit and Guaranty Agreement”.
Additionally, at the closing, we placed $1.5 million in cash and $1 million worth of our common stock (1,108,928 shares) into escrow with 50% of the shares to be released 12 months following the closing and such cash and the remainder of the shares held in escrow to be released 18 months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $1 million, based on the then market price of our common stock, we are required to increase the number of shares of common stock held in escrow to total $1 million in aggregate value.
The Sale Agreement includes standard indemnification obligations of the parties, subject to certain caps on indemnification and deductibles. The closing of the transactions contemplated by the Sale Agreement was subject to usual and customary closing conditions, including requiring that we and Safety-Kleen enter into a Swap Agreement and Base Oil Agreement (each as described in greater detail below), all of which were satisfied prior to or at closing.
The Sale Agreement includes a provision preventing us from directly or indirectly, hiring or soliciting any person who is or was employed in the operations conducted at the Bango Plant for a period of five (5) years after the closing, except pursuant to a general solicitation which is not directed specifically to any such employees; provided, that nothing prohibits the Company from hiring (i) any employee whose employment has been terminated by Safety-Kleen or (ii) after 180 days from the date of termination of employment, any employee whose employment has been terminated by the employee.
Houlihan Lokey acted as exclusive financial advisor to the Company in connection with the transaction.
The Company received net cash of approximately $17.3 million in connection with the transactions contemplated by the Sale Agreement, after deducting legal, administrative and banker fees; amounts paid in connection with the exercise of the Purchase Option; cash amounts set aside in escrow; and the purchase price of the equipment related to the Bango Plant as described above,

8



of which $16 million was immediately paid to the Lender (defined below under “Amended and Restated Credit and Guaranty Agreement”) to pay down amounts owed to Lender under the Credit Agreement (defined below under “Amended and Restated Credit and Guaranty Agreement”).
Swap Agreement and Base Oil Agreement
A required condition to closing the transactions contemplated by the Sale Agreement was that we (through Vertex Operating) and Safety-Kleen enter into a Swap Agreement (the “Swap Agreement”), which was entered into on January 29, 2016. The Swap Agreement has a term of five years, beginning when the Bango Plant is operational, and automatically renews for additional one year terms thereafter unless either party provides the other 90 days prior written notice of their intention not to renew prior to any automatic extension. Pursuant to the Swap Agreement, we and Safety-Kleen agreed to swap certain quantities of used oil feedstock (the agreement includes monthly maximums, quarterly minimums and maximums, and annual maximums of used oil feedstock volume required to be ‘swapped’) between the Bango Plant (which will then be owned and operated by Safety-Kleen) and our Marrero, Louisiana plant and/or the Cedar Marine Terminal in Baytown, Texas, on a monthly, quarterly and annual basis, with any shortfall in the amount of used oil feedstock ‘swapped’ on a quarterly basis, being paid for in cash based on a discount to U.S. Platts mid-range per gallon rate for Gulf Coast No. 6, 3% oil (the “Platts”). The Swap Agreement can be terminated with 30 days prior written notice in the event either party fails to meet the specifications for oil feedstock set forth in the agreement, a party fails to deliver the required minimum quarterly volumes of oil feedstock during any three consecutive quarters, or a party materially breaches a term of the agreement.
Additionally, we (through Vertex Operating) and Safety-Kleen also entered into a Base Oil Agreement in connection with, and as a required condition of, the closing (the “Base Oil Agreement”). The Base Oil Agreement provides for us to purchase from Safety-Kleen, and Safety-Kleen to sell to us, certain required quantities of base oils and other finished lubricants described in greater detail in the Base Oil Agreement (the “Base Oil”)(the agreement contains quarterly and annual maximum volumes of Base Oil to be acquired by us). The agreement has a term of five years and automatically renews for additional one year terms thereafter unless either party provides the other 90 days prior written notice of their intention not to renew prior to any automatic extension.
Membership Interest Purchase Agreement
Pursuant to a Membership Interest Purchase Agreement entered into in connection with the closing of the Sale Agreement, by and among Vertex Refining Nevada, as buyer, Fox Encore 05 LLC, the sole owner of Bango Oil, as seller (“Fox Encore”), and certain other parties, Vertex Refining Nevada acquired 100% of Bango Oil pursuant to the Purchase Option described above under “Purchase and Sale Agreement, Churchill County, Nevada Plant”. The purchase price payable by Vertex Refining Nevada to Fox Encore was approximately $9 million, which funds were paid with proceeds received pursuant to the Sale Agreement. The Membership Interest Purchase Agreement contains standard and customary representations of the parties and indemnification rights, subject in each case to a $3 million cap on aggregate indemnification. Upon the closing of the Membership Interest Purchase Agreement, we effectively obtained ownership of the Bango Plant, which we then sold to Safety-Kleen, and Bango Oil became a wholly-owned subsidiary of Vertex Refining Nevada.
Subscription Agreement
On January 29, 2016, separate from and subsequent to the closing of the transactions contemplated by the Membership Interest Purchase Agreement, Fox Encore entered into a Subscription Agreement with the Company whereby Fox Encore subscribed for and purchased 44,000 shares of newly-designated Series C Preferred Stock (as described below) in consideration for $4 million. The 44,000 shares of Series C Preferred Stock are convertible into 4,400,000 shares of the Company’s common stock subject to the terms of a Certificate of Designation of the Series C Preferred Stock (see terms of the Series C Preferred Stock described in greater detail below in Note 12 to the financial statements included in “Part I” - “Item 1. Financial Statements”.

9



$5.15 Million Promissory Note
On January 29, 2016, following the closing of, and separate from the transactions contemplated by, the Membership Interest Purchase Agreement, Vertex OH, borrowed $5.15 million from Fox Encore and provided a Promissory Note to Fox Encore to reflect such borrowed funds (the “Fox Note”). The Fox Note bears interest at 10% percent per annum (15% upon the occurrence of an event of default), payable monthly in arrears beginning on February 29, 2016. The principal and all accrued and unpaid interest on the Fox Note is due on the earlier of (a) July 31, 2016 (as may be extended by Vertex OH as discussed below, the “Maturity Date”), or (b) upon acceleration of the Fox Note during the existence of an event of default as discussed therein. Provided that no event of default is then existing on the Fox Note or under any other loan document associated therewith, and certain other requirements as described in the Fox Note are met, Vertex OH has the right to three (3) extension options (each, an “Extension Option”) pursuant to which Vertex OH may extend the Maturity Date for six (6) months each. The first extension will extend the Maturity Date of the Fox Note until January 31, 2017, the second extension will extend the Maturity Date of the Fox Note until July 31, 2017, and the third extension will extend the Maturity Date of the Fox Note until January 29, 2018. Upon exercising an Extension Option, Vertex OH is required to pay Fox Encore an extension fee equal to 3% of the then outstanding principal amount of the Fox Note, which amount is separate from, and is not applied toward, the outstanding indebtedness owed under the Fox Note; provided, however, that if Vertex OH elects to exercise the Extension Option to extend the Maturity Date to January 31, 2017, the 3% fee for such extension is not to be paid in cash but is instead added to the outstanding principal balance of the Fox Note. The Fox Note may be prepaid in whole or in part at any time without penalty, provided that if repaid in full by July 31, 2016, the amount to be repaid is decreased by $150,000. The Fox Note is secured by the Mortgage described below. The Fox Note includes certain standard and customary financial reporting requirements, notice requirements, indemnification requirements, covenants and events of default. The Fox Note also includes a provision allowing the Lender (or any other lender party to the Restated Credit Agreement each as described below under “Amended and Restated Credit and Guaranty Agreement”) to purchase the Fox Note upon the occurrence of an event of default under the Restated Credit Agreement.
Open-End Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents
On January 29, 2016, Vertex OH, entered into an Open-Open-End Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents agreement (the “Mortgage”) with Fox Encore in order to secure the amount owed under the Fox Note discussed above. Pursuant to the Mortgage, Vertex OH granted Fox Encore a security interest in the Columbus, Ohio refinery owned by Vertex OH.
Unit Offering
On May 10, 2016, we entered into a Unit Purchase Agreement (the “Purchase Agreement”) with certain accredited investors (the “Investors”), pursuant to which the Company agreed to sell to the Investors an aggregate of approximately 12 million units (the “Units”), each consisting of (i) one share of to-be designated Series B1 Preferred Stock of the Company, $0.001 par value per share (the “Series B1 Preferred Stock”) and (ii) one warrant to purchase one-quarter of a share of common stock of the Company, $0.001 par value per share (each a “Warrant” and collectively, the “Warrants”). The Units were agreed to be sold at a price of $1.56 per Unit (the “Unit Price”) (a 2.6% premium to the closing bid price of the Company’s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was $1.52 per share (the “Closing Bid Price”)). The Warrants have an exercise price of $1.53 per share ($0.01 above the Closing Bid Price). Total gross proceeds from the offering of the Units (the “Offering”) will be approximately $19.3 million.
A total of approximately $18.6 million of the securities sold in the Offering came from investors who participated in the Company’s prior June 2015 offering of Series B Preferred Stock and warrants to purchase shares of common stock. 60% of the funds received from such investors will be used to immediately repurchase such investors’ Series B Preferred Stock. As a result, a total of approximately $11.2 million of the proceeds raised in the Offering will be used to immediately repurchase and retire approximately 3.6 million shares of Series B Preferred Stock and pay accrued interest on such repurchased shares through the closing date (the “Repurchases”), leaving net proceeds of approximately $8.1 million, before deducting placement agents’ fees and estimated offering expenses. Of these net proceeds, $800,000 will be used to pay amounts owed to the Lender, as discussed above and the remaining proceeds for working capital purposes and potential acquisitions.
Craig-Hallum Capital Group LLC (the “Placement Agent”) acted as exclusive placement agent in connection with the Offering. The Placement Agent will receive a commission equal to 6.5% of the net proceeds after affecting the Repurchases described above, from the Offering, for an aggregate commission of approximately $530,000.
The Company’s Chief Executive Officer and Chairman, Benjamin P. Cowart, and the Company’s Chief Financial Officer and Secretary, Chris Carlson, each agreed to purchase 32,052 Units ($50,000 of Units) in the Offering and in connection with such purchases will be issued 32,052 shares of Series B1 Preferred Stock and Warrants to purchase 8,013 shares at the closing of the Offering.

10



The Purchase Agreement contains customary representations and warranties and covenants of the Company and is subject to customary closing conditions. The Company anticipates that the Offering will close on or about May 13, 2016, subject to the satisfaction or waiver of the closing conditions. The Offering terms and the terms of the Series B1 Preferred Stock is described in greater detail in the Current Report on Form 8-K filed with the Securities and Exchange Commission on May 10, 2016.
Amended and Restated Credit and Guaranty Agreement
On January 29, 2016, we, Vertex Operating, certain of our other subsidiaries, Goldman Sachs Specialty Lending Holdings, Inc., as lender (“Lender”) and Goldman Sachs Bank USA, a New York State-Chartered Bank, as Administrative Agent, Lead Arranger and Collateral Agent (“Agent”) entered into an Amended and Restated Credit and Guaranty Agreement (the “Restated Credit Agreement”), which amended and restated that certain $40 million Credit and Guaranty Agreement entered into between the parties on May 2, 2014 (as amended and modified to date, the “Credit Agreement”). The Restated Credit Agreement changed the Credit Agreement to an $8.9 million multi-draw term loan credit facility (of which approximately $6.4 million was outstanding and $2.5 million was available to be drawn pursuant to the terms of the Restated Credit Agreement on substantially similar terms as the currently outstanding amounts owed to the Lender); modified the Credit Agreement to adjust certain EBITDA calculations in connection with the purchase of Bango Oil and the sale of the Bango Plant as described above; provided for approval for us to exercise the Purchase Option, enter into and effect the transactions contemplated by the Membership Interest Purchase Agreement, Subscription Agreement, and the Sale Agreement, and allowed for the issuance of the Fox Note and the Mortgage; confirmed that we are required to make payments of $800,000 per quarter from June 30, 2016 through maturity (May 2, 2019); provided us a moratorium on the prepayment of amounts owed under the Restated Credit Agreement as a result of various financial ratios we are required to meet through December 31, 2016; provided for us to retain any business interruption insurance proceeds received in connection with the Bango Plant; provided for us to pay $16 million received at closing from the sale of the Bango Assets, all amounts released from escrow and any other cash proceeds in excess of $500,000 received from the Sale Agreement after closing to the Lender as prepayment of amounts due under the Restated Credit Agreement; allowed us the right to make certain permitted acquisitions moving forward, without further consent of the Lender, provided that among other requirements, such acquisitions are in the same business or line of business as the Company, that such acquired businesses have generated consolidated adjusted EBITDA for the four fiscal quarters preceding such acquisition in excess of capital expenditures for such period (taking into account adjustments acceptable to the Agent for synergies expected to be achieved within the 90 days following the closing of such acquisition), and that the funding for such acquisition comes from certain limited sources set forth in greater detail in the Restated Credit Agreement; adjusted certain fixed charge coverage ratios and leverage ratios we are required to meet on a quarterly basis from September 30, 2016 to maturity; required us to maintain at least $2 million of liquidity at all times; provided that events of default under the Credit Agreement include events of default under the Fox Note; and made various other updates and changes to take into account transactions which had occurred through the date of such agreement, and to remove expired and non-material terms of the prior Credit Agreement.
Amendment No. 1 to Amended and Restated Credit and Guaranty Agreement
On May 9, 2016, we entered into Amendment No. 1 to the Amended and Restated Credit Agreement (“Amendment No. 1”), which amended the Restated Credit Agreement. Pursuant to Amendment No. 1, we, Vertex Operating, substantially all of our other wholly-owned subsidiaries, the Lender and the Agent, agreed to amend the Restated Credit Agreement to (a) change the threshold constituting a change of control under the Restated Credit Agreement, from any time that Benjamin P. Cowart, our Chief Executive Officer, Chairman and largest stockholder, ceases to beneficially own and control at least 20% on a fully diluted basis of the economic and voting interests of our capital stock (“Fully-Diluted Capital Stock”), to any time that Mr. Cowart beneficially owns less than 10% of our Fully-Diluted Capital Stock; (b) extend the date that we are required to meet certain fixed charge coverage ratios from the quarter ending September 30, 2016, to the quarter ending March 31, 2017; (c) adjust the calculation of leverage ratio described in the Restated Credit Agreement; (d) allow for the Offering (described below) and the required payment of $800,000 to the Lender in connection with such Offering (representing the payment originally due June 30, 2016); (e) provide that the financial covenants relating to fixed charge ratios and leverage ratios would not be tested for the quarters ending September 30, 2016 and December 31, 2016, in the event we make the $800,000 payment to the Lender described herein; (f) amend the required timing for certain other post-closing events to occur under the terms of the Restated Credit Agreement; and (g) include a release whereby we (and substantially all of our wholly-owned subsidiaries) released the Investor and Agent for any claims which we had, or could have had, as of the date the parties entered into Amendment No. 1.


11



RESULTS OF OPERATIONS
Description of Material Financial Line Items:
Revenues
We generate revenues from three existing operating divisions as follows:
BLACK OIL - Revenues for our Black Oil division are comprised primarily of product sales from our re-refineries and feedstock sales (used motor oil) which are purchased from generators of used motor oil such as oil change shops and garages, as well as a network of local and regional suppliers.  Volumes are consolidated for efficient delivery and then sold to third-party re-refiners and fuel oil blenders for the export market.  In addition, through used oil re-refining, we re-refine used oil into different commodity products.  The Houston, Texas TCEP facility finished product is then sold by barge as a fuel oil cutterstock. Through the operations at our Marrero, Louisiana facility, we produce a Vacuum Gas Oil (VGO) product from used oil re-refining which is then sold via barge to crude refineries to be utilized as an intermediate feedstock in the refining process. Through the operations at our Columbus, Ohio facility we produce a base oil finished product which is then sold via truck or rail car to end users for blending, packaging and marketing of lubricants.
REFINING AND MARKETING - The Refining and Marketing division generates revenues relating to the sales of finished products. The Refining and Marketing division gathers hydrocarbon streams in the form of petroleum distillates, transmix and other chemical products that have become off-specification during the transportation or refining process. These feedstock streams are purchased from pipeline operators, refineries, chemical processing facilities and third-party providers, and then processed at a third-party facility under our direction. The end products are typically three distillate petroleum streams (gasoline blendstock, pygas and fuel oil cutterstock), which are sold to major oil companies or to large petroleum trading and blending companies. The end products are delivered by barge and truck to customers.
RECOVERY - The Recovery division is a generator solutions company for the proper recovery and management of hydrocarbon streams. This division also provides dismantling, demolition, decommission and marine salvage services at industrial facilities. We own and operate a fleet of trucks and other vehicles used for shipping and handling equipment and scrap materials.
Our revenues are affected by changes in various commodity prices including crude oil, natural gas, #6 oil and metals.
Cost of Revenues
BLACK OIL - Cost of revenues for our Black Oil division are comprised primarily of feedstock purchases from a network of providers. Other cost of revenues include processing costs, transportation costs, purchasing and receiving costs, analytical assessments, brokerage fees and commissions, and surveying and storage costs.
REFINING AND MARKETING - The Refining and Marketing division incurs cost of revenues relating to the purchase of feedstock, purchasing and receiving costs, and inspection and processing of the feedstock into gasoline blendstock, pygas and fuel oil cutter by a third party. Cost of revenues also includes broker’s fees, inspection and transportation costs.
RECOVERY - The Recovery division incurs cost of revenues relating to the purchase of hydrocarbon products, purchasing and receiving costs, inspection, demolition and transporting of metals and other salvage and materials. Cost of revenues also includes broker’s fees, inspection and transportation costs.
Our cost of revenues are affected by changes in various commodity indices, including crude oil, natural gas, #6 oil and metals. For example, if the price for crude oil increases, the cost of solvent additives used in the production of blended oil products, and fuel cost for transportation cost from third party providers will generally increase. Similarly, if the price of crude oil falls, these costs may also decline.
General and Administrative Expenses
Our general and administrative expenses consist primarily of salaries and other employee-related benefits for executive, administrative, legal, financial and information technology personnel, as well as outsourced and professional services, rent, utilities, and related expenses at our headquarters, as well as certain taxes.

12



Depreciation and Amortization Expenses
Our depreciation and amortization expenses are primarily related to the property, plant and equipment and intangible assets acquired in connection with the Holdings, E-Source, Omega Refining acquisitions and Warren Ohio Holdings Co., LLC f/k/a Heartland Group Holdings, LLC ("Heartland") asset purchase, described in greater detail above under "Part 1"-"Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations"-"Material Acquisitions".

13



RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2016 COMPARED TO THE THREE MONTHS ENDED MARCH 31, 2015
 
Set forth below are our results of operations for the three months ended March 31, 2016 as compared to the same period in 2015.

 
Three Months Ended March 31,
 
 
 
 
 
2016
 
2015
 
$ Change
 
% Change
Revenues
$
14,132,604

 
$
37,684,339

 
$
23,551,735

 
62
 %
Cost of revenues
14,371,128

 
38,008,456

 
23,637,328

 
62
 %
Gross profit (loss)
(238,524
)
 
(324,117
)
 
85,593

 
(26
)%
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
(exclusive of acquisition related expenses)
5,495,987

 
5,370,028

 
(125,959
)
 
(2
)%
Depreciation and amortization
1,593,584

 
1,556,982

 
(36,602
)
 
(2
)%
Acquisition related expenses
49,376

 
157,678

 
108,302

 
69
 %
Total operating expenses
7,138,947

 
7,084,688

 
(54,259
)
 
(1
)%
 
 
 
 
 
 
 
 
Loss from operations
(7,377,471
)
 
(7,408,805
)
 
31,334

 
 %
 
 
 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
 
 
Provision for doubtful accounts

 
(2,650,000
)
 
2,650,000

 
100
 %
Other income (loss)
476

 
8

 
468

 
5,850
 %
Gain on change in value of derivative liability
(1,986,320
)
 

 
(1,986,320
)
 
100
 %
Gain (loss) asset sales
9,701,834

 
(70,478
)
 
9,772,312

 
13,866
 %
Gain on futures contracts
55,916

 

 
55,916

 
100
 %
Interest expense
(1,915,492
)
 
(1,531,180
)
 
(384,312
)
 
(25
)%
Total other income (expense)
5,856,414

 
(4,251,650
)
 
10,108,064

 
(238
)%
 
 
 
 
 
 
 
 
Loss before income tax
(1,521,057
)
 
(11,660,455
)
 
10,139,398

 
(87
)%
 
 
 
 
 
 
 
 
Income tax benefit (expense)
117,646

 
(5,306,000
)
 
5,423,646

 
102
 %
 
 
 
 
 
 
 
 
Net loss
$
(1,403,411
)
 
$
(16,966,455
)
 
$
15,563,044

 
92
 %


14



Each of our segments’income (loss) from operations during the three months ended March 31, 2016 and 2015 was as follows: 

Three Months Ended
March 31,




Black Oil Segment
2016

2015

$ Change

% Change
Total revenue
$
10,133,494


$
24,913,976


$
(14,780,482
)

(59
)%
Total cost of revenue
11,202,238


27,141,124


15,938,886


59
 %
Gross profit (loss)
(1,068,744
)

(2,227,148
)

1,158,404


52
 %
Reduction in contingent consideration

 

 

 
100
 %
Selling general and administrative expense
4,630,169

 
4,295,805

 
(334,364
)
 
(8
)%
Depreciation and amortization
1,234,895

 
1,213,045

 
(21,850
)
 
(2
)%
Acquisition related expenses
49,376

 
157,678

 
108,302

 
69
 %
Loss from operations
$
(6,983,184
)
 
$
(7,893,676
)
 
$
(910,492
)
 
(12
)%
 
 
 
 
 
 
 
 
Refining Segment











Total revenue
$
2,626,455

 
$
8,266,120


$
(5,639,665
)
 
(68
)%
Total cost of revenue
2,099,665

 
7,305,402


5,205,737

 
71
 %
Gross profit
526,790


960,718


(433,928
)
 
(45
)%
Selling general and administrative expense
568,977

 
685,818

 
116,841

 
17
 %
Depreciation and amortization
234,117

 
219,851

 
(14,266
)
 
100
 %
Income from operations
$
(276,304
)
 
$
55,049

 
$
(331,353
)
 
(602
)%
 
 
 
 
 
 
 
 
Recovery Segment











Total revenue
$
1,372,655

 
$
4,504,243


$
3,131,588

 
70
 %
Total cost of revenue
1,069,225

 
3,561,930


2,492,705

 
70
 %
Gross profit
303,430


942,313


(638,883
)
 
(68
)%
Selling general and administrative expense
296,841

 
388,405

 
(91,564
)
 
(24
)%
Depreciation and amortization
124,572

 
124,086

 
486

 
 %
Income (loss) from operations
$
(117,983
)
 
$
429,822

 
$
(547,805
)
 
127
 %
 

The following schedule separates revenues and gross profit contributed by our recently acquired business entities and operations, Omega Refining and Heartland, during the three month period ending March 31, 2016. The isolated figures are presented in dollars and as a percentage of total consolidated revenue.
 
Three Months Ended March 31, 2016
 
Consolidated Results
 
Omega Refining
 
% Contributed by Omega Refining
Total revenue
$
14,132,604

 
$
6,153,253

 
44%
Gross profit (loss)
(238,524
)
 
(917,155
)
 
385%
 
 
 
 
 
 
 
Consolidated Results
 
Heartland
 
% Contributed by Heartland
Total revenue
14,132,604

 
2,882,301

 
20%
Gross loss
(282,524
)
 
(182,023
)
 
76%
Our revenues and cost of revenues are significantly impacted by fluctuations in commodity prices; decreases in commodity prices typically result in decreases in revenue and cost of revenues. Our gross profit is to a large extent a function of the market discount we are able to obtain in purchasing feedstock, as well as how efficiently management conducts operations.

Total revenues decreased by 62% for the three months ended March 31, 2016 compared to the same period in 2015, due to lower commodity prices and volumes during the three months ended March 31, 2016 compared to the same period in 2015. Total volume decreased 30% largely as a result of not running TCEP during the first quarter of 2016, as well as the impact of not running the Heartland facility due to the fire for the second half of the quarter compared to the same period in 2015. Gross profit increased

15



by 26% for the three months ended March 31, 2016 compared to the three months ended March 31, 2015. Prices of our finished products continue to be impacted across the industry by the lower commodity prices. Additionally, our per barrel margin decreased 6% relative to the three months ended March 31, 2015. This decrease was a result of decreased volumes related to our TCEP, Refining and Marketing division, as well as our Heartland facilities, we've seen improvement in our feedstock pricing and finished product values during the three months ended March 31, 2016, compared to the same period during 2015. The 62% decrease in cost of revenues for the three months ended March 31, 2016 compared to the three months ended March 31, 2015 is mainly a result of the overall decrease in commodity prices along with the transition to charging for our services versus paying for the feedstocks which has an impact on our cost of revenues.

Our Black Oil division's volume decreased approximately 33% during the three months ended March 31, 2016 compared to the same period in 2015. This decrease was due to the decreased amount of volume managed through our TCEP and Heartland facilities which produces a Cutterstock product and base oil respectively. Volumes collected through our H&H Oil and Heartland collection facilities decreased 1% during the three months ended March 31, 2016 compared to the same period in 2015. Our focus continues to be on growing our own volumes of collected oil and displacing third party oil processed in our facilities.

Overall volumes of product sold decreased 30% for the first quarter of 2016 versus the first quarter of 2015. This is important for our business as it illustrates our reach into the market.

We experienced a 100% decrease in the volume of our TCEP refined product during the three months ended March 31, 2016, compared to the same period in 2015. This decrease was a result of strategic decisions that were made during the quarter not to produce our TCEP finished product and to ship the feedstock we would have otherwise used at our TCEP facility to our Marrero facility due to market pricing impacts on the margins of the product produced in the Houston market vs. the Marrero, Louisiana market, in order to keep the volumes up and move lower priced feedstock through the Marrero facility. In addition, commodity prices decreased approximately 53% for the three months ended March 31, 2016, compared to the same period in 2015. The average posting (U.S. Gulfcoast Residual Fuel No. 6 3%) for the three months ended March 31, 2016 decreased $23.29 per barrel from a three month average of $44.30 for the three months ended March 31, 2015 to $21.01.

Our TCEP technology did not generate any revenues or gross profit during the three months ended March 31, 2016 compared to revenues of $2,257,371 during the three months ended March 31, 2015 with cost of revenues of $2,579,892, producing a gross loss of $322,521.

Overall volume for the Refining and Marketing division decreased 52% during the three months ended March 31, 2016 as compared to the same period in 2015. This division experienced a decrease in production of 78% for its gasoline blendstock for the three months ended March 31, 2016, compared to the same period in 2015. Our fuel oil cutter volumes decreased 53% for the three months ended March 31, 2016, compared to the same period in 2015. Our pygas volumes decreased 35% for the three months ended March 31, 2016 as compared to the same period in 2015.

Our Recovery division includes the business operations of Vertex Recovery as well as the business of E-Source (of which we own a 100% interest). Revenues for this division decreased 70% mostly as a result of decreased commodity prices as well as decreased project work during the period at our E-Source division for the three months ended March 31, 2016, compared to the prior period. Gross profit for the recovery division decreased 68% for the three months ended March 31, 2016, compared to the same period in 2015. Our volumes increased 115% for the three months ended March 31, 2016 as compared to the same period in 2015. This division through E-Source periodically participates in project work that is not ongoing thus we expect to see fluctuations in revenue and gross profit from this division from period to period.

Overall gross profit increased 26% due to improved charge for oil pricing on the street related to the feedstocks at each of our refineries, as well as the impact of lower production at our Heartland facility which eliminated the amount of feedstock we had to purchase for the three months ended March 31, 2016, compared to the same period in 2015.

16



The following table sets forth the high and low spot prices during the three months ended March 31, 2016 for our key benchmarks.

2016
 
 
 
 
 
 
 
 
Benchmark
 
High
 
Date
 
Low
 
Date
U.S. Gulfcoast No. 2 Waterborne (dollars per gallon)
 
$
1.04

 
January 4
 
$
0.78

 
January 20
U.S. Gulfcoast Unleaded 87 Waterborne (dollars per gallon)
 
$
1.38

 
March 24
 
$
0.89

 
February 9
U.S. Gulfcoast Residual Fuel No. 6 3% (dollars per barrel)
 
$
25.23

 
March 22
 
$
16.24

 
January 19
NYMEX Crude oil (Dollars per barrel)
 
$
41.45

 
March 22
 
$
26.21

 
February 9
Reported in Platt's US Marketscan (Gulf Coast)
 
 
 
 

 
 

The following table sets forth the high and low spot prices during the three months ended March 31, 2015 for our key benchmarks.

2015
 
 
 
 
 
 
 
 
Benchmark
 
High
 
Date
 
Low
 
Date
U.S. Gulfcoast No. 2 Waterborne (dollars per gallon)
 
$
1.88

 
March 3
 
$
1.44

 
January 15
U.S. Gulfcoast Unleaded 87 Waterborne (dollars per gallon)
 
$
1.81

 
February 25
 
$
1.21

 
January 13
U.S. Gulfcoast Residual Fuel No. 6 3% (dollars per barrel)
 
$
52.04

 
February 17
 
$
36.89

 
January 13
NYMEX Crude oil (Dollars per barrel)
 
$
53.53

 
February 17
 
$
43.46

 
March 17
Reported in Platt's US Marketscan (Gulf Coast)
 
 
 
 

 
 

We saw a significant decrease during the first three months of 2016 in each of the benchmark commodities we track compared to the same period in 2015.

Our margins are a function of the difference between what we are able to pay for raw materials and the market prices for the range of products produced. The various petroleum products produced are typically a function of crude oil indices and are quoted on multiple exchanges such as the New York Mercantile Exchange ("NYMEX"). These prices are determined by a global market and can be influenced by many factors, including but not limited to supply/demand, weather, politics, and global/regional inventory levels. As such, we cannot provide any assurances regarding results of operations for any future periods, as numerous factors outside of our control affect the prices paid for raw materials and the prices (for the most part keyed to the NYMEX) that can be charged for such products. Additionally, for the near term, results of operations will be subject to further uncertainty, as the global markets and exchanges, including the NYMEX, continue to experience volatility.

As our competitors bring new technologies to the marketplace, which will likely enable them to obtain higher values for the finished products created through their technologies from purchased black oil feedstock, we anticipate that they will be able to pay more for feedstock due to the additional value received from their finished product (i.e., as their margins increase, they are able to increase the prices they are willing to pay for feedstock). If we are not able to continue to refine and improve our technologies and gain efficiencies in the TCEP technology(which is not currently being operated due to market conditions), our VGO technology through our Marrero facility, and our base oil technology at Heartland we could be negatively impacted by the ability of our competitors to bring new processes to market which compete with our processes, as well as their ability to outbid us for feedstock supplies.

If we are unable to effectively compete with additional technologies brought to market by our competitors, our finished products could be worth less and if our competitors are willing to pay more for feedstock than we are, they could drive up prices, which would cause our revenues to decrease (as described above, our revenues track the spread between the prices we purchase feedstock for and the prices we can sell finished product at), and cause our cost of sales to increase, respectively. Additionally, if we are forced to pay more for feedstock, our cash flows will be negatively impacted and our margins will decrease.

We had total operating expenses of $7,138,947 for the three months ended March 31, 2016 which included minimal acquisition related expenses, compared to $7,084,688 of total operating for the prior year’s period (including $157,678 of acquisition related

17



expenses), an increase of $54,259 or 1% from the prior period. This increase is primarily due to an increase of $125,959 in selling, general and administrative expenses as well as an increase of $(36,602) in depreciation and amortization offset by a decrease of $108,302 in acquisition related expenses.

We had a loss from operations of $7,377,471 for the three months ended March 31, 2016, compared to a loss from operations of $7,408,805 for the three months ended March 31, 2015, an increase in loss from operations of $31,334 or 0% from the prior year’s period. The increase was mainly due to market and operational conditions as well as the additional selling general and administrative expenses associated with new product lines, and acquired operations.

We also had interest expense of $1,915,492 for the three months ended March 31, 2016, compared to interest expense of $1,531,180 for the three months ended March 31, 2015, an increase in interest expense of $384,312 or 25% from the prior period mainly due to the $1.3 million write off of "Deferred finance costs, net" offset by a reduction in our debt facilities with Goldman Sachs and Midcap as described below.

We had $1,986,320 of loss on change in value of derivative liability for the three months ended March 31, 2016, in connection with a beneficial conversion feature on certain warrants granted in June 2015, as described in greater detail in Note 12 to the unaudited financial statements included herein under "Part I"-"Item 1. Financial Statements".

We had a gain on futures contracts of $55,916 for the three months ended March 31, 2016, we use futures contracts to offset the effects of the market value changes in our hedged items, as well as to avoid significant volatility that might arise due to market exposure in our inventory.

We had a net loss of $1,403,411 for the three months ended March 31, 2016, compared to a net loss of $16,966,455 for the three months ended March 31, 2015, a decrease in net loss of $15,563,044 or 92% from the prior period for the reasons described above.

During the three months ended March 31, 2016, the processing costs for our Refining and Marketing division located at KMTEX were $544,528. In addition, we have provided the results of operations for this segment of our business below during the same three month period.
Three Months Ended March 31, 2016
 
Refining and Marketing
Revenues
$
2,626,455

 
 
Income from operations
$
(276,304
)




18



     
Set forth below, we have disclosed a quarter-by-quarter summary of our statements of operations and our quarter by quarter gross profit by segment for the first quarter of 2016, fiscal year 2015 and fiscal year 2014.

 
Fiscal 2016
 
Fiscal 2015
 
Fiscal 2014

First
 
Fourth
 
Third
 
Second
 
First
 
Fourth
 
Third
 
Second
 
First

Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
14,132,604

 
$
20,875,827

 
$
39,262,584

 
$
49,119,711

 
$
37,684,339

 
$
62,572,071

 
$
76,903,516

 
$
72,079,622

 
$
47,349,658

Cost of Revenues
14,371,128

 
20,497,691

 
34,104,949

 
43,635,177

 
38,008,456

 
67,049,736

 
73,761,171

 
63,844,569

 
42,343,633

Gross Profit
(238,524
)
 
378,136

 
5,157,635

 
5,484,534

 
(324,117
)
 
(4,477,665
)
 
3,142,345

 
8,235,053

 
5,006,025

Reduction of contingent liability

 
(6,069,000
)
 

 

 

 
(3,371,836
)
 
(1,876,752
)
 

 

Selling, general and administrative expenses
5,495,987

 
6,982,422

 
6,052,764

 
5,641,250

 
5,370,028

 
7,303,475

 
4,706,104

 
4,363,617

 
2,716,349

Depreciation and amortization
1,593,584

 
1,920,416

 
1,597,881

 
1,561,314

 
1,556,982

 
1,296,450

 
1,180,443

 
1,068,273

 
732,677

Acquisition related expenses
49,376

 
11,584

 
5,910

 

 
157,678

 
994,603

 
259,235

 
1,959,418

 
600,412

Inventory Impairment Charge

 

 

 

 

 
467,911

 
 
 
 
 
 
Total selling, general and administrative expenses
7,138,947

 
2,845,422

 
7,656,555

 
7,202,564

 
7,084,688

 
6,690,603

 
4,269,030

 
7,391,308

 
4,049,438

Income (loss) from operations
(7,377,471
)
 
(2,467,286
)
 
(2,498,920
)
 
(1,718,030
)
 
(7,408,805
)
 
(11,168,268
)
 
(1,126,685
)
 
843,745

 
956,587

Other income (expense)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Provision for doubtful accounts

 
1,995,180

 

 

 
(2,650,000
)
 

 

 

 

 Other income
476

 
(4,475
)
 
11

 
10

 
8

 
223,255

 
109,980

 
7

 
370

 Gain (loss) on change in value of derivative liability
(1,986,320
)
 
2,844,430

 
818,051

 
1,816,982

 

 

 

 

 

Gain on bargain purchase

 

 

 

 

 
375,000

 
92,635

 
6,481,051

 

Other expense

 

 

 

 

 

 

 

 

Goodwill impairment loss

 
(4,922,353
)
 

 

 

 

 

 

 

Gain on futures contracts
55,916

 
155,660

 
395,430

 

 

 

 

 

 

Gain on sale of assets
9,701,834

 
92,261

 
(20,657
)
 
12,818

 
(70,478
)
 

 

 
(10,866
)
 

 Interest expense
(1,915,492
)
 
(728,780
)
 
(763,791
)
 
(556,975
)
 
(1,531,180
)
 
(956,319
)
 
(947,325
)
 
(657,235
)
 
(75,811
)
Total other income (expense)
5,856,414

 
(568,077
)
 
429,044

 
1,272,835

 
(4,251,650
)
 
(358,064
)
 
(744,710
)
 
5,812,957

 
(75,441
)
Income (loss) before income taxes
(1,521,057
)
 
(3,035,363
)
 
(2,069,876
)
 
(445,195
)
 
(11,660,455
)
 
(11,526,332
)
 
(1,871,395
)
 
6,656,702

 
881,146

Income tax benefit (expense)
117,646

 

 

 

 
(5,306,000
)
 
46,212

 
(57,975
)
 

 

Net income (loss)
$
(1,403,411
)
 
(3,035,363
)
 
(2,069,876
)
 
$
(445,195
)
 
$
(16,966,455
)
 
$
(11,480,120
)
 
$
(1,929,370
)
 
$
6,656,702

 
$
881,146


19



 
GROSS PROFIT BY SEGMENT BY QUARTER
 
Fiscal 2016
 
Fiscal 2015
 
Fiscal 2014
 
First
 
Fourth
 
Third
 
Second
 
First
 
Fourth
 
Third
 
Second
 
First
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Quarter
Black Oil
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
10,133,494

 
$
17,004,934

 
$
27,632,744

 
$
34,338,534

 
$
24,913,976

 
$
46,028,775

 
$
52,434,252

 
$
48,878,522

 
$
23,571,400

Cost of revenues
11,202,238

 
17,244,210

 
25,128,353

 
30,912,204

 
27,141,124

 
48,709,354

 
50,846,953

 
42,973,852

 
21,227,096

Gross profit
$
(1,068,744
)
 
$
(239,276
)
 
$
2,504,391

 
$
3,426,330

 
$
(2,227,148
)
 
$
(2,680,579
)
 
$
1,587,299

 
$
5,904,670

 
$
2,344,304

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Refining & Marketing
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
2,626,455

 
$
2,687,922

 
$
8,752,135

 
$
11,447,889

 
$
8,266,120

 
$
14,694,971

 
$
19,655,674

 
$
18,517,819

 
$
19,827,459

Cost of revenues
2,099,665

 
2,270,299

 
8,281,753

 
9,956,771

 
7,305,402

 
15,570,210

 
18,680,731

 
16,626,592

 
18,251,891

Gross profit
$
526,790

 
$
417,623

 
$
470,382

 
$
1,491,118

 
$
960,718

 
$
(875,239
)
 
$
974,943

 
$
1,891,227

 
$
1,575,568

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recovery
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,372,655

 
$
1,182,971

 
$
2,877,705

 
$
3,333,288

 
$
4,504,243

 
$
1,848,325

 
$
4,813,590

 
$
4,683,281

 
$
3,950,799

Cost of revenues
1,069,225

 
983,182

 
694,843

 
2,766,202

 
3,561,930

 
2,770,172

 
4,233,487

 
4,244,125

 
2,864,646

Gross profit
$
303,430

 
$
199,789

 
$
2,182,862

 
$
567,086

 
$
942,313

 
$
(921,847
)
 
$
580,103

 
$
439,156

 
$
1,086,153



The graph below charts our total quarterly revenue over time from January 1, 2013 to March 31, 2016:


20



Liquidity and Capital Resources
 
The success of our current business operations has become dependent on repairs, and maintenance to our facilities and our ability to make routine capital expenditures. We also must maintain relationships with feedstock suppliers and end-product customers, and operate with efficient management of overhead costs. Through these relationships, we have historically been able to achieve volume discounts in the procurement of our feedstock, thereby increasing the margins of our segments’ operations. The resulting operating cash flow is crucial to the viability and growth of our existing business lines.

We had total assets of $82,545,092 as of March 31, 2016 compared to $93,644,816 at December 31, 2015. The decrease was mainly due to the sale of the Bango Refinery that reduced current assets, specifically, "Assets being held for sale" by $11,170,243 offset by an increase in Escrow account for the Bango sale of $938,484. The main change in non-current assets is the increase in other assets from December 31, 2015 to March 31, 2016 is the $1,500,434 in the escrow account for the Bango Sale.

We had total current liabilities of $18,662,039 as of March 31, 2016 compared to $33,994,062 at December 31, 2015. This decrease was largely due to approximate $16 million pay down of the Goldman Sachs debt as a result of funds generated from the Bango Sale and an additional $550,457 paid against our revolving note with MidCap as described below.
 
We had total liabilities of $26,685,897 as of March 31, 2016, including current liabilities of $18,662,039 and long-term debt of $4,488,934, which included $1,865,624 related to E-Source debt.
    
We had a working capital deficit of $7,699,872 as of March 31, 2016 compared to a working capital deficit of $10,827,288 as of December 31, 2015. The improvement in working capital deficit from December 31, 2015 to March 31, 2016 is due to an increase of $1,017,031 in cash and cash equivalents, an increase in inventory of $1,016,556 off-set by a decrease in accounts receivable of $2,637,258 as of March 31, 2016, a decrease in accounts payable and accrued expenses of $5,680,950 the reclassification of certain current debt to long-term debt as described above, off-set by the decrease in the balance of the revolving note.
 
Our future operating cash flows will vary based on a number of factors, many of which are beyond our control, including commodity prices, the cost of recovered oil, and the ability to turn our inventory. Other factors that have affected and are expected to continue to affect earnings and cash flow are transportation, processing, and storage costs. Over the long term, our operating cash flows will also be impacted by our ability to effectively manage our administrative and operating costs. Additionally, we may incur future capital expenditures related to new TCEP facilities.

The Company financed insurance premiums through various financial institutions bearing interest rates from 4% to 4.52%. All such premium finance agreements have maturities of less than one year and have a balance of $310,440 at March 31, 2016.
    
The Company's outstanding debt facilities as of March 31, 2016 are summarized as follows:

Creditor
Loan Type
 
Origination Date
 
Maturity Date
 
Loan Amount
 
Balance on March 31, 2016
MidCap Revolving Line of Credit
Revolving Note
 
March, 2015
 
March, 2017
 
$
7,000,000

 
$
550,457

Goldman Sachs USA
Term Loan - Restated Credit Agreement
 
January 29, 2016
 
May 2, 2019
 
8,900,000

 
6,400,000

Fox Encore Promissory Note
Promissory Note
 
January 29, 2016
 
 
 
5,150,000

 
5,150,000

Pacific Western Bank
Capital Lease
 
September, 2012
 
August, 2017
 
3,154,860

 
274,750

Texas Citizens Bank
Term Note
 
January, 2015
 
January, 2020
 
2,045,500

 
1,865,624

Various institutions
Insurance premiums financed
 
Various
 
< 1 year
 
1,789,481

 
310,440

Total
 
 
 
 
 
 
28,039,841

 
14,551,271

Deferred Finance Costs, Net
 
 
 
 
 
 
 
 
(384,121
)
Total, Net of Deferred Finance Costs, Net
 
 
 
 
 
 
28,039,841

 
14,167,150



21



Future contractual maturities of notes payable are summarized as follows:

Creditor
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
MidCap Revolving Line of Credit
$
550,457

 
$

 
$

 
$

 
$

 
$

Goldman Sachs USA
2,400,000

 
3,200,000

 
800,000

 

 

 

Fox Encore Promissory Note
5,150,000

 

 

 

 

 

Pacific Western Bank
141,596

 
133,154

 

 

 

 

Texas Citizens Bank
334,118

 
468,225

 
495,013

 
523,333

 
44,935

 

Various institutions
310,440

 

 

 

 

 

Totals
$
8,886,611

 
$
3,801,379

 
$
1,295,013

 
$
523,333

 
$
44,935

 
$


    
Credit and Guaranty Agreement

On May 2, 2014, the Company entered into a Credit and Guaranty Agreement (as amended from time to time, the “Credit Agreement”) with Goldman Sachs Bank USA. Pursuant to the agreement, Goldman Sachs Bank USA loaned the Company $40,000,000 in the form of a term loan. As set forth in the Credit Agreement, the Company has the option to select whether loans made under the Credit Agreement bear interest at (a) the greater of (i) the prime rate in effect, (ii) the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System plus ½ of 1%, (iii) the sum of (A) the Adjusted LIBOR Rate and (B) 1%, and (iv) 4.5% per annum; or (b) the greater of (i) 1.50% and (ii) the applicable ICE Benchmark Administration Limited interest rate, divided by (x) one minus, (y) the Adjusted LIBOR Rate. Interest on the Credit Agreement is payable monthly in arrears.

The Goldman Sachs Bank USA financing arrangement is secured by all of the assets of the Company.

On January 29, 2016, we, Vertex Operating, certain of our other subsidiaries, Lender and Agent entered into an Amended and Restated Credit and Guaranty Agreement (the “Restated Credit Agreement”), which amended and restated the Credit Agreement. The Restated Credit Agreement changed the Credit Agreement to an $8.9 million multi-draw term loan credit facility (of which approximately $6.4 million was outstanding and $2.5 million was available to be drawn pursuant to the terms of the Restated Credit Agreement on substantially similar terms as the currently outstanding amounts owed to the Lender); modified the Credit Agreement to adjust certain EBITDA calculations in connection with the purchase of Bango Oil and the sale of the Bango Plant as described above; provided for approval for us to exercise the Purchase Option, enter into and effect the transactions contemplated by the Membership Interest Purchase Agreement, Subscription Agreement, and the Sale Agreement, and allow for the issuance of the Fox Note and the Mortgage (each as described and defined above under “Part I” - “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” - “Recent Events”); confirmed that we are required to make payments of $800,000 per quarter from June 30, 2016 through maturity (May 2, 2019); provided us a moratorium on the prepayment of amounts owed under the Restated Credit Agreement as a result of various financial ratios we are required to meet through December 31, 2016; provided for us to retain any business interruption insurance proceeds received in connection with the Bango Plant; provided for us to pay $16 million received at closing from the sale of the Bango Assets, all amounts released from escrow and any other cash proceeds in excess of $500,000 received from the Sale Agreement after closing to the Lender as prepayment of amounts due under the Restated Credit Agreement; allowed us the right to make certain permitted acquisitions moving forward, without further consent of the Lender, provided that among other requirements, such acquisitions are in the same business or line of business as the Company, that such acquired businesses have generated consolidated adjusted EBITDA for the four fiscal quarters preceding such acquisition in excess of capital expenditures for such period (taking into account adjustments acceptable to the Agent for synergies expected to be achieved within the 90 days following the closing of such acquisition), and that the funding for such acquisition comes from certain limited sources set forth in greater detail in the Restated Credit Agreement; adjusted certain fixed charge coverage ratios and leverage ratios we are required to meet on a quarterly basis from September 30, 2016 to maturity; required us to maintain at least $2 million of liquidity at all times; provided that events of default under the Credit Agreement include events of default under the Fox Note; and made various other updates and changes to take into account transactions which had occurred through the date of such agreement, and to remove expired and non-material terms of the prior Credit Agreement.

22



Amendment No. 1 to Amended and Restated Credit and Guaranty Agreement
On May 9, 2016, we entered into Amendment No. 1 to the Amended and Restated Credit Agreement (“Amendment No. 1”), which amended the Restated Credit Agreement. Pursuant to Amendment No. 1, we, Vertex Operating, substantially all of our other wholly-owned subsidiaries, the Lender and the Agent, agreed to amend the Restated Credit Agreement to (a) change the threshold constituting a change of control under the Restated Credit Agreement, from any time that Benjamin P. Cowart, our Chief Executive Officer, Chairman and largest stockholder, ceases to beneficially own and control at least 20% on a fully diluted basis of the economic and voting interests of our capital stock (“Fully-Diluted Capital Stock”), to any time that Mr. Cowart beneficially owns less than 10% of our Fully-Diluted Capital Stock; (b) extend the date that we are required to meet certain fixed charge coverage ratios from the quarter ending September 30, 2016, to the quarter ending March 31, 2017; (c) adjust the calculation of leverage ratio described in the Restated Credit Agreement; (d) allow for the Offering (described below) and the required payment of $800,000 to the Lender in connection with such Offering (representing the payment originally due June 30, 2016); (e) provide that the financial covenants relating to fixed charge ratios and leverage ratios would not be tested for the quarters ending September 30, 2016 and December 31, 2016, in the event we make a $800,000 payment to the Lender in connection with our pending Offering described above; (f) amend the required timing for certain other post-closing events to occur under the terms of the Restated Credit Agreement; and (g) include a release whereby we (and substantially all of our wholly-owned subsidiaries) released the Investor and Agent for any claims which we had, or could have had, as of the date the parties entered into Amendment No. 1.

MidCap Loan Agreement

Effective March 27, 2015, the Company, Vertex Operating and all of the Company’s other subsidiaries other than E-Source and Golden, entered into a Loan and Security Agreement with MidCap Business Credit LLC (“MidCap” and the “MidCap Loan Agreement”). Pursuant to the MidCap Loan Agreement, MidCap agreed to loan us up to the lesser of (i) $7 million; and (ii) 85% of the amount of accounts receivable due to us which meet certain requirements set forth in the MidCap Loan Agreement (“Qualified Accounts”), plus the lesser of (y) $3 million and (z) 50% of the cost or market value, whichever is lower, of our raw material and finished goods which have not yet been sold, subject to the terms and conditions of the MidCap Loan Agreement (“Eligible Inventory”), minus any amount which MidCap may require from time to time in order to over secure amounts owed to MidCap under the MidCap Loan Agreement, as long as no event of default has occurred or is continuing under the terms of the MidCap Loan Agreement. The requirement of MidCap to make loans under the MidCap Loan Agreement is subject to certain standard conditions and requirements.

The MidCap Loan had a balance of $550,457 and $1,744,122 on March 31, 2016 and December 31, 2015, respectively.

We are required to make immediate pre-payments of outstanding principal owed under the MidCap Note in the amount certain thresholds are exceeded as set forth in the MidCap Loan Agreement. We are also required to provide MidCap certain monthly reports and accountings.

We agreed to pay MidCap certain fees in connection with the MidCap Loan Agreement including (a) a non-refundable fee equal to 0.75% of the $7 million credit limit ($52,500), which was due upon our entry into the MidCap Loan Agreement, and is due on each anniversary thereafter; (b) reimbursement for MidCap’s audit fees incurred from time to time; a collateral monitoring charge of 0.20% of the greater of the average outstanding balance of the MidCap Note (as defined below) at the end of each month or $3 million; (c) a fee equal to 0.75% of the difference between the credit limit of $7 million and the greater of (i) the amount actually borrowed, and (ii) $3 million, as calculated in the MidCap Loan Agreement, payable monthly in arrears and added to the balance of the MidCap Note; and (d) a one-time placement fee equal to 0.50% of the $7 million credit limit which we paid upon our entry into the MidCap Loan Agreement.

The MidCap Loan Agreement contains customary representations, warranties, covenants for facilities of similar nature and size as the MidCap Loan Agreement, and requirements for the Company to indemnify MidCap for certain losses. The Credit Agreement also includes various covenants (positive and negative), binding the Company and its subsidiaries, including not permitting the availability for loans under the MidCap Loan Agreement to ever be less than 10% of the credit limit ($700,000); prohibiting us from creating liens on any collateral pledged under the MidCap Loan Agreement, subject to certain exceptions; and prohibiting us from paying any dividends on capital stock, advancing any money to any person, guarantying any debt, creating any indebtedness, and entering into any transactions with affiliates on terms more favorable than those of an arms-length third party transaction.

The MidCap Loan Agreement includes customary events of default for facilities of a similar nature and size as the MidCap Loan Agreement.

The MidCap Loan Agreement continues in effect until the second anniversary of the parties’ entry into the Agreement, subject to right of the parties, via mutual agreement, to extend such rights and agreement, provided that we have the right to terminate the MidCap Loan Agreement at any time with 60 days prior written notice. In the event we desire to terminate the MidCap Loan Agreement,

23



we are required to pay MidCap a termination fee of $70,000, subject to certain exceptions in the MidCap Loan Agreement. We also have the right to terminate the agreement without providing 60 days’ prior notice as long as we pay MidCap the equivalent amount of interest which would have been due (as calculated in the MidCap Loan Agreement) for such 60 day period, along with the $70,000 termination fee. In the event the MidCap Loan Agreement is terminated by MidCap upon the occurrence of an event of default, we are required to pay MidCap a fee of $70,000 upon such termination.

We also entered into a Revolving Note (the “MidCap Note”) to evidence amounts borrowed from MidCap from time to time under the MidCap Loan Agreement. Interest on the MidCap Note accrues at a fluctuating rate equal to the aggregate of: (x) the prime rate then effect, and (y) 1.75% per annum, or at such other rate mutually agreed on from time to time by the parties, based upon the greater of (i) any balance owing under the MidCap Note at the close of each day; or (ii) a minimum assumed average daily loan balance of $3 million. Interest is payable in arrears, on the first day of each month that amounts are outstanding under the MidCap Note.

We and each of our subsidiaries subject to the MidCap Loan Agreement are jointly and severally liable for the repayment of amounts owed under the MidCap Note. Pursuant to the MidCap Loan Agreement, we granted MidCap a security interest in substantially all of our assets and provided MidCap junior mortgages on all real estate which we own, subject to the first priority mortgages of the Lender. Finally, MidCap and the Lender entered into an Intercreditor Agreement, which governs which of the lenders have first and second priority security interests over our assets which are pledged as collateral in order to secure repayment of the amounts owed pursuant to the Credit Agreement and MidCap Loan Agreement.

Also on November 9, 2015, we and certain of our subsidiaries entered into a First Amendment to Loan and Security Agreement (the “Midcap First Amendment”), which amended the Midcap Loan Agreement with Midcap. The Midcap First Amendment amended the Midcap Loan Agreement to add Vertex OH as a party thereto; remove Vertex OH’s requirement to enter into a negative pledge agreement with MidCap; created separate maximum borrowing base credit limits for Vertex OH’s accounts and customers ($100,000 maximum per customer, subject to certain exceptions); excluded customers who are based outside of the U.S. or Canada from the credit limits if backed by a bank letter of credit or covered by a foreign receivables insurance policy; removed inventory of Vertex OH from the definition of Eligible Inventory under the Midcap Loan Agreement; and provided that additional affiliates of the Company may become party to the Midcap Loan Agreement by executing an assumption agreement and revolving note in favor of Midcap.

Omega Secured Note

In connection with the Initial Closing of the Omega Purchase Agreement (described above under “Part I” - “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” - “Material Acquisitions”), Omega Refining and Bango Refining provided Vertex Refining Nevada a Secured Promissory Note (the “Omega Secured Note”) in the aggregate amount of $13,858,067, which had a balance of $13,858,067 as of December 31, 2014, representing (a) a loan to Omega in the amount of approximately $7.56 million (representing the agreed upon value of the amount by which the consideration paid at the Initial Closing (which included consideration relating to the assets acquired at the Initial Closing and which were planned to be acquired at the Final Closing) exceeded the value of assets acquired at the Initial Closing) (the “Purchase Price Loan”); (b) a $750,000 loan related to the delivery of a certain amount of used motor oil inventory at the Initial Closing (the “First Inventory Loan”); (c) a $1,400,000 loan related to the delivery of a certain amount of used motor oil inventory which was planned to be acquired at the Final Closing (the “Second Inventory Loan” and along with the First Inventory Loan, the “Inventory Loans”); (d) advances totaling $4.15 million to satisfy accounts payable and other working capital related obligations of Omega after the Initial Closing (the “Draw Down Loans”); and (e) an additional loan of $1 million for capital expenditures (the “Capital Expenditure Loan”).

The Purchase Price Loan and the Draw Down Loans accrued interest at the short-term federal rate as published by the Internal Revenue Service from time to time (approximately 0.33% per annum as of the Initial Closing) prior to October 30, 2014, and thereafter at 9.5% per annum, payable monthly in arrears and had a maturity date of March 31, 2015, provided that the loan was not paid when due. The First Inventory Loan and the Draw Down Loans accrue interest at the rate of 9.5% per annum beginning on May 31, 2014, were due and payable on March 31, 2015.

The repayment of the Secured Note is guaranteed by Omega Holdings pursuant to a Guaranty Agreement and secured by a security interest granted pursuant to the terms of the Secured Note and a Leasehold Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing. Additionally, we have the right to set-off any amount due upon an event of default under the Secured Note against certain of the shares pledged by Omega in connection with the Initial Closing and the earn-out consideration due to Omega (provided that we have determined that no earn-out consideration will be due to Omega), subject to the terms of the Asset Purchase Agreement.

The Omega Secured Note had an outstanding balance of $0 and $13,858,067 as of March 31, 2016 and December 31, 2015.


24



On January 28, 2016, we entered into and closed the transactions contemplated by the Sale Agreement described in greater detail above under “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” - “Recent Events” - “Purchase and Sale Agreement, Churchill County, Nevada Plant”.

Pursuant to the Sale Agreement, we (through Bango Oil after we acquired Bango Oil as described below pursuant to our exercise of the Purchase Option) sold Safety-Kleen the used oil re-refining plant located on approximately 40 acres in Churchill County, Nevada (the “Bango Plant”), which we previously rented, and all equipment, tools and other tangible personal property located at the Bango Plant, which relate to or are used in connection with the operations of the Bango Plant (collectively, the “Bango Assets”). Safety-Kleen assumed certain liabilities associated with contracts assumed in the purchase and related to bringing the Bango Plant back into operational status. The aggregate purchase price for the Bango Assets was $35 million, subject to adjustment as described in the Sale Agreement for certain taxes, costs and expenses incurred by Safety-Kleen after closing. A total of $1.3 million of the purchase price was used by us in order to exercise the options we had pursuant to two Lease and Purchase Agreements (the “Equipment Leases”) we were party to, which provided for the use of a rail facility and related equipment and a pre-fabricated metal building located at the Fallon, Nevada, facility, and which provided us (through Vertex Refining Nevada) the right to acquire the applicable property/equipment subject to each Equipment Lease at any time prior to the expiration of the leases for $914,000 and $400,000, respectively. Additionally, $100,000 of the purchase price was retained by Safety-Kleen to acquire certain water rights necessary for operation of the Bango Plant. Finally, a required closing condition of the Sale Agreement was that we use a portion of the purchase price to exercise the purchase option set forth in that certain Lease With Option For Membership Interest Purchase (the “Bango Lease”) entered into on April 30, 2015, by and between us, Vertex Refining Nevada and Bango Oil, whereby, we had the option at any time during the term of the lease to purchase all of the equity interests of Bango Oil (the “Purchase Option”), effectively acquiring ownership of the Bango Plant. The Purchase Option was exercised by us on January 29, 2016 in connection with the closing of the Sale Agreement, at which time Bango Oil became a wholly-owned subsidiary of Vertex Refining Nevada, and we paid approximately $9 million of consideration to Bango Oil in connection with the Purchase Option. Additionally, an aggregate of $16 million of the purchase price paid by Safety-Kleen in connection with the Sale Agreement was required to be paid by us to our senior lender, Goldman Sachs Bank USA, at closing, which amount was paid at closing, and which funds were used to pay down amounts owed to Goldman Sachs Bank USA under our Credit Agreement.

Additionally, at the closing, we placed $1.5 million in cash and $1 million worth of our common stock (1,108,928 shares) into escrow with 50% of the shares to be released 12 months following the closing and such cash and the remainder of the shares held in escrow to be released 18 months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $1 million, based on the then market price of our common stock, we are required to increase the number of shares of common stock held in escrow to total $1 million in aggregate value.

The Company received net cash of approximately $17.3 million in connection with the transactions contemplated by the Sale Agreement, after deducting legal, administrative and banker fees; amounts paid in connection with the exercise of the Purchase Option; cash amounts set aside in escrow; and the purchase price of the equipment related to the Bango Plant as described above, of which $16 million was immediately paid to the Lender to pay down amounts owed to Lender under the Credit Agreement.

During 2015 the Company reclassified amounts due from Omega Holdings, LLC to the Company based on the portion of the acquisition purchase price that was allocated to the Nevada facility upon acquisition because the Company sold the facility. The assets held for sale balance of $11,170,243 is made up of (1) accounts receivable of $1,691,662 (2) notes receivable of $8,308,000 and (3) fixed asset construction in progress of $1,170,581.


25



Fox Note

On January 29, 2016, Vertex OH, borrowed $5.15 million from Fox Encore and provided a Promissory Note to Fox Encore to reflect such borrowed funds (the “Fox Note”). The Fox Note bears interest at 10% percent per annum (15% upon the occurrence of an event of default), payable monthly in arrears beginning on February 29, 2016. The principal and all accrued and unpaid interest on the Fox Note is due on the earlier of (a) July 31, 2016 (as may be extended by Vertex OH as discussed below, the “Maturity Date”), or (b) upon acceleration of the Fox Note during the existence of an event of default as discussed therein. Provided that no event of default is then existing on the Fox Note or under any other loan document associated therewith, and certain other requirements as described in the Fox Note are met, Vertex OH has the right to three (3) extension options (each, an “Extension Option”) pursuant to which Vertex OH may extend the Maturity Date for six (6) months each. The first extension will extend the Maturity Date of the Fox Note until January 31, 2017, the second extension will extend the Maturity Date of the Fox Note until July 31, 2017, and the third extension will extend the Maturity Date of the Fox Note until January 29, 2018. Upon exercising an Extension Option, Vertex OH is required to pay Fox Encore an extension fee equal to 3% of the then outstanding principal amount of the Fox Note, which amount is separate from, and is not applied toward, the outstanding indebtedness owed under the Fox Note; provided, however, that if Vertex OH elects to exercise the Extension Option to extend the Maturity Date to January 31, 2017, the 3% fee for such extension is not to be paid in cash but is instead added to the outstanding principal balance of the Fox Note. The Fox Note may be prepaid in whole or in part at any time without penalty, provided that if repaid in full by July 31, 2016, the amount to be repaid is decreased by $150,000. The Fox Note is secured by the Mortgage described above. The Fox Note includes certain standard and customary financial reporting requirements, notice requirements, indemnification requirements, covenants and events of default.

Texas Citizens Bank Loan Agreement

On January 7, 2015, E-Source entered into a loan agreement with Texas Citizens Bank to consolidate various smaller debt obligations. The loan Agreement provides a term note in the amount of $1,865,624 that matures on January 7, 2020. Borrowings bear a fixed interest rate of 5.5% per annum and interest is calculated from the date of each advance until repayment in full or maturity. The loan has 59 scheduled monthly payments of $45,147 which includes principal and interest. The loan is collateralized by all of the assets
of E-Source. The loan contains customary representations, warranties, and covenants for facilities of similar nature and size.
 
Unit Offering
On May 10, 2016, we entered into a Unit Purchase Agreement (the “Purchase Agreement”) with certain accredited investors (the “Investors”), pursuant to which the Company agreed to sell to the Investors an aggregate of approximately 12 million units (the “Units”), each consisting of (i) one share of to-be designated Series B1 Preferred Stock of the Company, $0.001 par value per share (the “Series B1 Preferred Stock”) and (ii) one warrant to purchase one-quarter of a share of common stock of the Company, $0.001 par value per share (each a “Warrant” and collectively, the “Warrants”). The Units were agreed to be sold at a price of $1.56 per Unit (the “Unit Price”) (a 2.6% premium to the closing bid price of the Company’s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was $1.52 per share (the “Closing Bid Price”)). The Warrants have an exercise price of $1.53 per share ($0.01 above the Closing Bid Price). Total gross proceeds from the offering of the Units (the “Offering”) will be approximately $19.3 million.
A total of approximately $18.6 million of the securities sold in the Offering came from investors who participated in the Company’s prior June 2015 offering of Series B Preferred Stock and warrants to purchase shares of common stock. 60% of the funds received from such investors will be used to immediately repurchase such investors’ Series B Preferred Stock. As a result, a total of approximately $11.2 million of the proceeds raised in the Offering will be used to immediately repurchase and retire approximately 3.6 million shares of Series B Preferred Stock and pay accrued interest on such repurchased shares through the closing date (the “Repurchases”), leaving net proceeds of approximately $8.1 million, before deducting placement agents’ fees and estimated offering expenses. Of these net proceeds, $800,000 will be used to pay amounts owed to the Lender, as discussed above and the remaining proceeds for working capital purposes and potential acquisitions.
Craig-Hallum Capital Group LLC (the “Placement Agent”) acted as exclusive placement agent in connection with the Offering. The Placement Agent will receive a commission equal to 6.5% of the net proceeds after affecting the Repurchases described above, from the Offering, for an aggregate commission of approximately $530,000.
The Company’s Chief Executive Officer and Chairman, Benjamin P. Cowart, and the Company’s Chief Financial Officer and Secretary, Chris Carlson, each agreed to purchase 32,052 Units ($50,000 of Units) in the Offering and in connection with such purchases will be issued 32,052 shares of Series B1 Preferred Stock and Warrants to purchase 8,013 shares at the closing of the Offering.
The Purchase Agreement contains customary representations and warranties and covenants of the Company and is subject to customary closing conditions. The Company anticipates that the Offering will close on or about May 13, 2016, subject to the satisfaction or waiver of the closing conditions. The Offering terms and the terms of the Series B1 Preferred Stock is described in greater detail in the Current Report on Form 8-K filed with the Securities and Exchange Commission on May 10, 2016.

26




Need for additional funding

Our re-refining business will require significant capital to design and construct any new facilities. The facility infrastructure would be an additional capitalized expenditure to these proposed process costs and would depend on the location and site specifics of the facility.

Management believes that the amount planned to be raised through the unit offering described above, the amount remaining from the transactions undertaken in January 2016 (described above) and the amount available under our MidCap Loan Agreement, in addition to projected earnings, will provide sufficient liquidity to fund our operations for the foreseeable future, although we may seek additional financing to fund acquisitions or other developments in the future and to repay amounts owed to our senior creditor. We may raise funds in the future through the sale of common stock, preferred stock, debt, or convertible debt, which may include the grant of warrants. We may also seek to obtain sufficient funding to completely refinance the Goldman and/or MidCap debt subsequent to the date of this filing which may take any or all of the forms described above.

Additionally, as part of our ongoing efforts to maintain a capital structure that is closely aligned with what we believe to be the potential of our business and goals for future growth, which is subject to cyclical changes in commodity prices, we will be exploring additional sources of external liquidity.  The receptiveness of the capital markets to an offering of debt or equities cannot be assured and may be negatively impacted by, among other things, debt maturities, current market conditions, and potential stockholder dilution. The sale of additional securities, if undertaken by us and if accomplished, may result in dilution to our shareholders. However, such future financing may not be available in amounts or on terms acceptable to us, or at all.

In addition to the above, we may also seek to acquire additional businesses or assets. In addition, the Company could consider selling assets if a more strategic acquisition presents itself. Finally, in the event we deem such transaction in our best interest, we may enter into a business combination or similar transaction in the future.

There is currently only a limited market for our common stock, and as such, we anticipate that such market will be illiquid, sporadic and subject to wide fluctuations in response to several factors moving forward, including, but not limited to:

(1)
actual or anticipated variations in our results of operations;

(2)
the market for, and volatility in, the market for oil and gas; 

(3)
our ability or inability to generate new revenues; and
(4)
the number of shares in our public float.

Furthermore, because our common stock is traded on the NASDAQ Capital Market, our stock price may be impacted by factors that are unrelated or disproportionate to our operating performance. These market fluctuations, as well as general economic, political and market conditions, such as recessions, interest rates or international currency fluctuations may adversely affect the market price of our common stock. Additionally, at present, we have a limited number of shares in our public float, and as a result, there could be extreme fluctuations in the price of our common stock.

We believe that our stock prices (bid, ask and closing prices) may not relate to the actual value of our company, and may not reflect the actual value of our common stock. Shareholders and potential investors in our common stock should exercise caution before making an investment in our common stock, and should not rely on the publicly quoted or traded stock prices in determining our common stock value, but should instead determine the value of our common stock based on the information contained in our public reports, industry information, and those business valuation methods commonly used to value private companies.


27



Cash flows for the three months ended March 31, 2016 compared to the three months ended March 31, 2015

 
 
Three Months Ended March 31,
 
 
2016
 
2015
Beginning cash and cash equivalents
 
$
765,364

 
$
6,017,076

Net cash provided by (used in):
 
 
 
 
Operating activities
 
(6,863,049
)
 
(2,515,758
)
Investing activities
 
16,299,652

 
(308,159
)
Financing activities
 
(8,419,572
)
 
487,682

Net increase (decrease)  in cash and cash equivalents
 
1,017,031

 
(2,336,235
)
Ending cash and cash equivalents
 
$
1,782,395

 
$
3,680,841


Net cash used by operating activities was $6,863,049 for the three months ended March 31, 2016 as compared to $2,515,758 of net cash used by operating activities during the corresponding period in 2015. Our primary sources of liquidity are cash flows from our operations and the availability to borrow funds under our Credit Agreement, notes payable, and the MidCap Loan Agreement. The primary reason for the increase in cash used by operating activities for the three month period ended March 31, 2016 compared to the same period in 2015 is the $3,502,469 decrease in our net loss adjusted to include only operating activities offset by a $7,849,760 decrease in our net operating assets and liabilities. Our 2016 net operating assets and liabilities decreased mainly because of our pay down of accounts payable and our increased investment in inventory.

Investing activities provided cash of $16,299,652 for the three months ended March 31, 2016 as compared to having used $308,159 of cash during the corresponding period in 2015 due mainly to $1,216,916 of fixed asset expenditures and $29,788,114 of proceeds from our sale of our Nevada facility ("Bango Plant") offset by expenditures of $10,792,446 and the $1,500,000 establishment of an escrow account also related to the Bango Plant sale.

Financing activities used cash of $8,419,572 for the three months ended March 31, 2016 as compared to $487,682 of cash provided during the corresponding period in 2015. Financing activities for the three months ended March 31, 2016 were comprised of proceeds from the Fox Encore note payable of $5,150,000, $237,090 from other notes payable and the sale of Series C Preferred stock of $4,000,000. These financing proceeds were significantly offset by payments on notes payable in the amount of $16,592,492 (including $16,000,000 paid to Goldman Sachs under the Credit Agreement and of $550,895 paid under our other notes payable) plus an additional $243,836 paid to MidCap under our revolving credit agreement.
    
Critical Accounting Policies and Use of Estimates
 
Our financial statements are prepared in accordance with GAAP. The preparation of these financial statements requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. Management regularly evaluates its estimates and judgments, including those related to revenue recognition, goodwill, intangible assets, long-lived assets valuation, and legal matters. Actual results may differ from these estimates. (See Note 2 to the financial statements included herein).
Revenue Recognition.
Revenue for each of our divisions is recognized when persuasive evidence of an arrangement exists, goods are delivered, sales price is determinable, and collection is reasonably assured. Revenue is recognized upon delivery by truck and railcar of feedstock to our re-refining customers and upon product leaving our terminal facilities via barge. Revenue is also recognized as recovered scrap materials are sold.

28



Business Combinations
The Company accounts for business combinations using the acquisition method of accounting. The results of operations for the acquired entities are included in the Company’s consolidated financial results from their associated acquisition dates. The Company allocates the purchase price of acquisitions to the tangible assets, liabilities, and identifiable intangible assets acquired based on their estimated fair values. A portion of purchase price for our acquisitions is contingent upon the realization of certain operating results. The fair values assigned to identifiable intangible assets acquired and contingent consideration were determined by third party specialists engaged by the company on a case by case basis. The excess of the purchase price over the fair value of the identified assets and liabilities has been recorded as goodwill. If the purchase price is under the fair value of the identified assets and liabilities, a bargain purchase is recognized and included in income from continuing operations.
Fair value of financial instruments
Under the Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”), we are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Consistent with the Fair Value Measurement Topic of the FASB ASC, we implemented guidelines relating to the disclosure of our methodology for periodic measurement of our assets and liabilities recorded at fair market value.
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier fair value hierarchy prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include:
Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;
Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and
Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
Our Level 1 assets primarily include our cash and cash equivalents. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities.
Impairment of long-lived assets
The Company evaluates the carrying value and recoverability of its long-lived assets when circumstances warrant such evaluation by applying the provisions of the FASB ASC regarding long-lived assets. It requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets.  Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value. The Company determined that no long-lived asset impairment existed at March 31, 2016 but in 2015 the Company did recognize a long-lived asset impairment related to the Recovery division.
Derivative liabilities.
The Company, in accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing from Equity, convertible preferred shares are accounted for net, outside of shareholders' equity and warrants are accounted for as liabilities at their fair value during periods where they can be net cash settled in case of a change in control transaction. The warrants are accounted for as a liability at their fair value at each reporting period. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, a Dynamic Black Scholes model is utilized that computes the impact of a possible change in control transaction upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect.

29



Preferred Stock Classification.
A mandatorily redeemable financial instrument shall be classified as a liability unless the redemption is required to occur only upon the liquidation or termination of the reporting entity. A financial instrument issued in the form of shares is mandatorily redeemable if it embodies an unconditional obligation requiring the issuer to redeem the instrument by transferring its assets at a specified or determinable date (or dates) or upon an event certain to occur. A financial instrument that embodies a conditional obligation to redeem the instrument by transferring assets upon an event not certain to occur becomes mandatorily redeemable-and, therefore, becomes a liability-if that event occurs, the condition is resolved, or the event becomes certain to occur. The Series B preferred stock requires the Company to redeem such preferred stock on the fifth anniversary of the issuance of the Series B Preferred stock if the redemption would not be subject to then existing restrictions under the Company's senior credit agreement that prohibits redemption. SEC reporting requirements provide that any possible redemption outside of the control of the Company requires the preferred stock to be classified outside of permanent equity.
Market Risk
Our revenues and cost of revenues are affected by fluctuations in the value of energy related products.  We attempt to mitigate much of the risk associated with the volatility of relevant commodity prices by using our knowledge of the market to obtain feedstock at attractive costs, by efficiently managing the logistics associated with our products, by turning our inventory over quickly and by selling our products into markets where we believe we can achieve the greatest value.


30



Item 3. Quantitative and Qualitative Disclosures about Market Risk

We are exposed to interest rate risks primarily through borrowings under various bank facilities.  Interest on these facilities is based upon variable interest rates using LIBOR or Prime as the base rate.

We are exposed to market risks related to the volatility of crude oil and refined oil products. Our financial results can be
significantly affected by changes in these prices which are driven by global economic and market conditions. We attempt to mitigate much of the risk associated with the volatility of relevant commodity prices by using our knowledge of the market to obtain feedstock at attractive costs, by efficiently managing the logistics associated with our products, by turning our inventory over quickly, and by selling our products into markets where we believe we can achieve the greatest value. We believe that the current downward trend in natural gas prices coupled with increasing crude oil prices provides an attractive margin opportunity for our TCEP finished product.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We have established and maintain a system of disclosure controls and procedures that are designed to provide reasonable assurance that information required to be disclosed in our reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934 , as amended, is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Commission and that such information is accumulated and communicated to our management, including our Chief Executive Officer (CEO) and Chief Financial Officer (CFO), as appropriate, to allow timely decisions regarding required disclosures.

Management, with the participation of our CEO and CFO, evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this report. As of March 31, 2016, based on the evaluation of these disclosure controls and procedures, and in light of the material weakness we found in our internal controls over financial reporting as of December 31, 2015 (as described in greater detail in our annual report on Form 10-K for the year ended December 31, 2015), our CEO and CFO have concluded that our disclosure controls and procedures were not effective to provide reasonable assurance that information required to be disclosed in our reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, is recorded properly, processed, summarized and reported within the time periods specified in the rules and forms of the Commission and that such information is accumulated and communicated to our management, including our CEO and CFO, as appropriate, to allow timely decisions regarding required disclosures.

In light of the material weaknesses described above, we have performed additional analysis and other post-quarter procedures to ensure our consolidated financial statements are prepared in accordance with generally accepted accounting principles and we have contracted with experts, where necessary, for assistance in analyzing and determining the proper accounting and financial reporting treatment for various of the Company's complicated business transactions. Accordingly, management has concluded that the financial statements fairly present in all material respects our financial condition, results of operations and cash flows as at, and for, the periods presented in this report.

Changes in Internal Control Over Financial Reporting

We regularly review our system of internal control over financial reporting to ensure we maintain an effective internal control environment. There were no changes in our internal control over financial reporting that occurred during the period covered by this Quarterly Report on Form 10-Q that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.


31



PART II – OTHER INFORMATION
 
Item 1. Legal Proceedings
From time to time, we may become party to litigation or other legal proceedings that we consider to be a part of the ordinary course of our business.
Vertex Refining, NV, LLC, the wholly-owned subsidiary of Vertex Operating, and the Company were named as defendants in a lawsuit filed on or about August 3, 2015, in the Tenth Judicial District Court in the State of Nevada, in and for the County of Churchill, case #15-10DC-0502, by Republic Bank N.A. alleging breach of contract and unjust enrichment with respect to the Asset Purchase Agreement dated May 2, 2014 between the defendants and Omega Refining, regarding the sale of refinery assets in Fallon, Nevada. This case has been settled and a stipulation for dismissal was filed or about March 10, 2016.

Vertex Refining LA, LLC, the wholly-owned subsidiary of Vertex Operating, was named as a defendant, along with numerous other parties, in five lawsuits filed on or about February 12, 2016, in the Second Parish Court for the Parish of Jefferson, State of Louisiana, Case No. 121749, by Russell Doucet et. al., Case No. 121750, by Kendra Cannon et. al., Case No. 121751, by Lashawn Jones et. al., Case No. 121752, by Joan Strauss et. al. and Case No. 121753, by Donna Allen et. al. The suits relate to alleged noxious and harmful emissions from our facility located in Marrero, Louisiana. The suits seek damages for physical and emotional injuries, pain and suffering, medical expenses and deprivation of the use and enjoyment of plaintiffs’ homes. We intend to vigorously defend ourselves and oppose the relief sought in the complaints, provided that at this stage of the litigation, the Company has no basis for determining whether there is any likelihood of material loss associated with the claims and/or the potential and/or the outcome of the litigation.

Item 1A. Risk Factors
There have been no material changes from the risk factors previously disclosed in in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, filed with the Commission on April 4, 2016, under the heading “Risk Factors”, except as discussed below, and investors should review the risks provided in the Form 10-K, prior to making an investment in the Company. The business, financial condition and operating results of the Company can be affected by a number of factors, whether currently known or unknown, including but not limited to those described in the Form 10-K for the year ended December 31, 2015, under “Risk Factors”, and below, any one or more of which could, directly or indirectly, cause the Company’s actual financial condition and operating results to vary materially from past, or from anticipated future, financial condition and operating results. Any of these factors, in whole or in part, could materially and adversely affect the Company’s business, financial condition, operating results and stock price.

The issuance of common stock upon conversion of Series B1 Preferred Stock and exercise of warrants sold in connection therewith will cause immediate and substantial dilution to existing shareholders. The Series B1 Preferred Stock will accrue a dividend, will include certain restrictions on our ability to undertake corporate events and will have a liquidation preference senior to our common stock and other preferred securities other than our Series A Convertible Preferred Stock.

In the event we close our pending Offering of Series B1 Preferred Stock and Warrants, shareholders may suffer substantial dilution. The Series B1 Preferred Stock (including accrued and unpaid dividends) will be convertible into shares of the Company’s common stock at any time at $1.56 per share (initially a one-for-one basis). If the Company’s common stock trades at or above $3.90 per share for a period of 20 consecutive trading days, the Company may at such time force conversion of the Series B1 Preferred Stock (including accrued and unpaid dividends) into common stock of the Company. The Warrants sold in the Offering are exercisable at an exercise price of $1.53 per share, beginning 185 days after the date of the closing of the Offering and have a term of 5.5 years. The issuance of common stock upon conversion of the Series B1 Preferred Stock and exercise of the Warrants will result in immediate and substantial dilution to the interests of other stockholders.

Additionally, the Series B1 Preferred Stock accrues a dividend, payable quarterly in arrears (based on calendar quarters), in the amount of 6% per annum of the original issuance price of the Series B1 Preferred Stock ($1.56 per share or approximately $19.3 million in aggregate), provided that such dividend increases to 9% if certain Consolidated Adjusted EBITDA targets are not met during 2016-2017. We may not have sufficient available cash to pay the dividends as they accrue. The payment of the dividends, or our failure to timely pay the dividends when due, could reduce our available cash on hand, have a material adverse effect on our results of operations and cause the value of our stock to decline in value. Additionally, the issuance of shares of common stock or additional shares of Series B1 Preferred Stock in lieu of cash dividends (and the subsequent conversion of such Series B1 Preferred Stock into common stock pursuant to the terms of such Series B1 Preferred Stock) could cause substantial dilution to the then holders of our common stock.


32



The Series B1 Preferred Stock will prohibit us from (i) increasing or decreasing (other than by redemption or conversion (as described in the designation)) the total number of authorized shares of Series B1 Preferred Stock (except to the extent required to issue payment-in-kind shares); (ii) re-issuing any shares of Series B1 Preferred Stock converted or redeemed; (iii) creating, or authorizing the creation of, or issuing or obligating the Company to issue shares of, any class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series B1 Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company, the payment of dividends and rights of redemption, or increase the authorized number of shares of any additional class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series B1 Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company, the payment of dividends and rights of redemption; (iv) issuing, incurring or obligating the Company to issue or incur any indebtedness that is convertible into, or exchangeable for, any equity security of the Company or instruments derivative of any equity security of the Company; (v) granting any rights to require a mandatory repurchase, retirement or redemption by the Company of any of the Company’s equity securities or instruments derivative of its equity securities on or prior to June 24, 2020, or issuing, incurring or obligating the Company to issue or incur, any indebtedness with a maturity date on or prior to June 24, 2020, that is convertible into, or exchangeable for, equity securities or instruments derivative of the Company’s equity securities; (vi) effecting an exchange, reclassification, or cancellation of all or a part of the Series B1 Preferred Stock (except pursuant to the terms of the designation); (vii) effecting an exchange, or creating a right of exchange, of all or part of the shares of another class of shares into shares of Series B1 Preferred Stock; (viii) issuing any shares of Series B1 Preferred Stock other than pursuant to the Purchase Agreement or as payment-in-kind shares; (ix) altering or changing the rights, preferences or privileges of the Series B1 Preferred Stock so as to affect adversely the shares of such series; or (x) amending or waiving any provision of the Company’s Articles of Incorporation or Bylaws relative to the Series B1 Preferred Stock so as to affect adversely the shares of Series B1 Preferred Stock in any material respect as compared to holders of other series, in each case without the prior written consent of holders of Series B1 Preferred Stock holding a majority of the then outstanding shares of Series B1 Preferred Stock. We may be prohibited from taking actions to raise funding or refinance our outstanding debt due to the above.

The Series B1 Preferred Stock will include a liquidation preference (in the amount of $1.56 per share) which is junior to the Company’s Series A Preferred Stock, will rank senior to the Company’s Series C Preferred Stock and will rank equally with the Series B Preferred Stock. The Series B1 Preferred Stock will also rank junior to the Company’s credit facilities and other debt holders as provided in further detail in the designation. The payment of the liquidation preferences could result in common stock shareholders not receiving any consideration if we were to liquidate, dissolve or wind up, either voluntarily or involuntarily. Additionally, the existence of the liquidation preferences may reduce the value of our common stock, make it harder for us to sell shares of common stock in offerings in the future, or prevent or delay a change of control.


Item 2. Recent Sales of Unregistered Securities

Effective on or around January 21, 2016, we paid the January 2016 rent due pursuant to the terms of the Bango Lease in shares of our common stock, pursuant to the terms of such lease, which allows us to pay 110% of the rent which would otherwise be due in cash (i.e., $268,400 of share based rent compared to $244,000 of cash based rent), as calculated using the volume weighted average price (“VWAP”) of our common stock for the 10-day period preceding the first day of each month, which VWAP for the month of January 2016 was $1.10 per share. As such, we issued the then owner of Bango Oil, Fox Encore, an aggregate of 244,000 shares of our restricted common stock in lieu of cash rent due pursuant to the Bango Lease for the month of January 2016. We claim an exemption from registration for the issuance and sale of such shares pursuant to Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act of 1933, as amended (the “Securities Act”), since the foregoing issuance did not involve a public offering, the recipient was an “accredited investor”, and acquired the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof. The securities were offered without any general solicitation by us or our representatives. No underwriters or agents were involved in the foregoing issuance and we paid no underwriting discounts or commissions. The securities are subject to transfer restrictions, and the certificates evidencing the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom. The securities were not registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.
As described above under “Part I” - “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” - “Recent Events” - “Purchase and Sale Agreement, Churchill County, Nevada Plant”, in connection with the closing of the Sale Agreement, we placed $1.5 million in cash and $1 million worth of our common stock (1,008,928 shares) into escrow with 50% of the shares to be released 12 months following the closing and the remainder of the shares held in escrow to be released 18 months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $1 million, based on the then market price of our common stock, we are

33



required to increase the number of shares of common stock held in escrow to total $1 million in aggregate value. To the extent such shares are deemed “sold or offered”, we claim an exemption from registration pursuant to Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act, since the transaction did not involve a public offering, the recipient was an “accredited investor”, and will acquire the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof. The securities are subject to transfer restrictions, and the certificates evidencing the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom and are further subject to the terms of the escrow agreement. The securities were not registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.
As described above under “Part I” - “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” - “Recent Events” - “Subscription Agreement”, we sold 44,000 shares of Series C Preferred Stock to Fox Encore in consideration for $4 million, which convert into common stock on a 100-for-1 basis, and which if fully converted would convert into 4,400,000 shares of common stock. We claim an exemption from registration for the issuance and sale of such shares pursuant to Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act, since the foregoing issuance did not involve a public offering, the recipient was an “accredited investor”, and acquired the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof. The securities were offered without any general solicitation by us or our representatives. No underwriters or agents were involved in the foregoing issuance and we paid no underwriting discounts or commissions. The securities are subject to transfer restrictions, and the certificates evidencing the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom. The securities were not registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.
In February 2016, a holder of Series A Convertible Preferred Stock of the Company converted 120,227 shares of our Series A Convertible Preferred Stock into 120,227 shares of our common stock. All of the shares of common stock issuable upon conversion of the Series A Preferred Stock shares were exempt from registration pursuant to an exemption from registration afforded by Section 3(a)(9) and 3(a)(10) of the Securities Act.
For the period from December 31, 2015 to March 31, 2016, a total of approximately $385,200 of dividends accrued on our outstanding Series B Preferred Stock. We were prohibited from paying such dividends in shares of common stock because the applicable Dividend Stock Payment Price was below $2.91. The “Dividend Stock Payment Price” is calculated by dividing (a) the accrued dividends by (b) 90% of the arithmetic average of the volume weighted average price (VWAP) of the Company’s common stock for the 10 trading days immediately prior to the applicable date of determination. In the event the applicable Dividend Stock Payment Price is below $2.91, we are required to pay such dividend in cash or in-kind in additional shares of Series B Preferred Stock. Pursuant to the terms of our Credit Agreement with our senior lender, we are prohibited from paying the dividend in cash and therefore we paid the accrued dividends in-kind by way of the issuance of 124,258 restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock in April 2016. If converted in full, the 124,258 shares of restricted Series B Preferred Stock would convert into 124,258 shares of our common stock. As the issuance of the Series B Preferred Stock in-kind in satisfaction of the dividends did not involve a “sale” of securities under Section 2(a)(3) of the Securities Act, we believe that no registration of such securities, or exemption from registration for such securities, was required under the Securities Act. Notwithstanding the above, to the extent such shares are deemed “sold or offered”, we claim an exemption from registration pursuant to Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act, since the transaction did not involve a public offering, the recipients were “accredited investors”, and acquired the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof. The securities are subject to transfer restrictions, and the certificates evidencing the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom and are further subject to the terms of the escrow agreement. The securities were not registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.

Use of Proceeds From Sale of Registered Securities
None.
Issuer Purchases of Equity Securities
None.


34



Item 3.  Defaults Upon Senior Securities

None.

Item 4.  Mine Safety Disclosures

Not applicable.

Item 5.  Other Information.

None.

Item 6.  Exhibits
 
See the Exhibit Index following the signature page to this Quarterly Report on Form 10-Q for a list of exhibits filed or furnished with this report, which Exhibit Index is incorporated herein by reference. 


35



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.

 
VERTEX ENERGY, INC.
 
 
Date: May 11, 2016
By: /s/ Benjamin P. Cowart
 
Benjamin P. Cowart
 
Chief Executive Officer
 
(Principal Executive Officer)
 
 
 
 
Date: May 11, 2016
By: /s/ Chris Carlson
 
Chris Carlson
 
Chief Financial Officer
 
(Principal Financial/Accounting Officer)


36



EXHIBIT INDEX

 
 
 
 
 
 
Incorporated by Reference
Exhibit
Number
 
Description of Exhibit
 
Filed or Furnished Herewith
 
Form
 
Exhibit
 
Filing Date/Period End Date
 
File No.
2.1(+)
 
Asset Purchase Agreement by and among Vertex Energy, Inc., Vertex Energy Operating, LLC, Bango Oil, LLC and Safety-Kleen Systems, Inc. (January 28, 2016)
 
 
 
8-K
 
2.1
 
2/3/2016
 
001-11476
2.2(+)
 
Membership Interest Purchase Agreement (January 29, 2016), by and among Vertex Refining NV, LLC, as buyer and Fox Encore 05 LLC, as seller
 
 
 
8-K
 
2.2
 
2/3/2016
 
001-11476
3.1
 
Certificate of Designation of Vertex Energy, Inc. Establishing the Designation, Preferences, Limitations and Relative Rights of its Series C Convertible Preferred Stock (filed with the Nevada Secretary of State on January 28, 2016)
 
 
 
8-K
 
3.1
 
3/6/2015
 
001-11476
3.2
 
Form of Certificate of Designation of Vertex Energy, Inc. Establishing the Designation, Preferences and Limitations and Relative Rights of Its Series B1 Preferred Stock
 
 
 
8-K
 
3.1
 
5/10/2016
 
001-11476
10.1(#)
 
Second Amendment to Processing Agreement between KMTEX LLC and Vertex Energy, Inc., dated December 3, 2015 and effective January 1, 2016
 
 
 
8-K
 
10.1
 
1/15/2016
 
001-11476
10.2(#)
 
Swap Agreement dated January 29, 2016, by Vertex Energy Operating, LLC and Safety-Kleen Systems, Inc.
 
 
 
8-K
 
10.1
 
2/3/2016
 
001-11476
10.3(#)
 
Base Oil Sales Agreement dated January 29, 2016, by Vertex Energy Operating, LLC and Safety-Kleen Systems, Inc.
 
 
 
8-K
 
10.2
 
2/3/2016
 
001-11476
10.4
 
Subscription Agreement for Series C Convertible Preferred Stock executed by Fox Encore 05 LLC (January 29, 2016)
 
 
 
8-K
 
10.3
 
2/3/2016
 
001-11476
10.5
 
Promissory Note in the amount of $5.15 million dated January 29, 2016, by Vertex Refining OH, LLC, as borrower and Fox Encore 05 LLC as lender
 
 
 
8-K
 
10.4
 
2/3/2016
 
001-11476

37



10.6
 
Open-End Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents by Vertex Refining OH, LLC in favor of Fox Encore 05 LLC (January 29, 2016)
 
 
 
8-K
 
10.5
 
2/3/2016
 
001-11476
10.7
 
Amended and Restated Credit and Guaranty Agreement, dated January 29, 2016, by and among Vertex Energy Operating, LLC, Vertex Energy, Inc., and certain other subsidiaries of Vertex Energy, Inc., as guarantors, various lenders, and Goldman Sachs Bank USA, as Administrative Agent, Collateral Agent, and Lead Arranger
 
 
 
8-K
 
10.6
 
2/3/2016
 
001-11476
10.8
 
Amendment No. 1 to Amended and Restated Credit and Guaranty Agreement dated May 9, 2016 by and among Vertex Energy Operating, LLC, Vertex, Energy, Inc., the other credit parties party thereto, Goldman Sachs Specialty Lending Holdings, Inc., as a lender and Goldman Sachs Bank USA, as administrative agent
 
 
 
8-K
 
10.1
 
5/10/2016
 
001-11476
10.9
 
Form of Unit Purchase Agreement dated May 10, 2016 by and between Vertex Energy, Inc. and the purchasers named therein
 
 
 
8-K
 
10.2
 
5/10/2016
 
001-11476
10.10
 
Form of Warrant (included as Exhibit B to the Form of Unit Purchase Agreement (Exhibit 10.9)
 
 
 
8-K
 
10.3
 
5/10/2016
 
001-11476
31.1
 
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act
 
X
 
 
 
 
 
 
 
 
31.2
 
Certification of Principal Accounting Officer pursuant to Section 302 of the Sarbanes-Oxley Act
 
X
 
 
 
 
 
 
 
 
32.1
 
Certification of Principal Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act**
 
X
 
 
 
 
 
 
 
 
32.2
 
Certification of Principal Accounting Officer Pursuant to Section 906 of the Sarbanes-Oxley Act**
 
X
 
 
 
 
 
 
 
 
99.1
 
Glossary of Selected Terms
 
 
 
10-K
 
99.1
 
12/31/2012
 
001-11476
101.INS++
 
XBRL Instance Document
 
X
 
 
 
 
 
 
 
 
101.SCH++
 
XBRL Taxonomy Extension Schema Document
 
X
 
 
 
 
 
 
 
 
101.CAL++
 
XBRL Taxonomy Extension Calculation Linkbase Document
 
X
 
 
 
 
 
 
 
 
101.DEF++
 
XBRL Taxonomy Extension Definition Linkbase Document
 
X
 
 
 
 
 
 
 
 
101.LAB++
 
XBRL Taxonomy Extension Label Linkbase Document
 
X
 
 
 
 
 
 
 
 

38



101.PRE++
 
XBRL Taxonomy Extension Presentation Linkbase Document
 
X
 
 
 
 
 
 
 
 

*    Filed herewith.

**    Furnished herewith.

#    Certain portions of this document (which portions have been replaced by “***’s”) have been omitted in connection with a request for Confidential Treatment which has been accepted by the Commission. This entire exhibit including the omitted confidential information has been filed separately with the Commission.

+    Certain schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished supplementally to the Securities and Exchange Commission upon request; provided, however that Vertex Energy, Inc. may request confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended, for any schedule or exhibit so furnished.

++    XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.



39
EX-31.1 2 a3-31x2016xex311.htm EXHIBIT 31.1 SEC Exhibit


EXHIBIT 31.1

CERTIFICATION PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Benjamin P. Cowart, certify that:

1.
I have reviewed this Quarterly Report on Form 10-Q of Vertex Energy, 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.
The registrant's other certifying officer and I are 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 15d-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 most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of a Quarterly Report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.
The registrant's other certifying officer and I have disclosed, based on our 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.

Date: May 11, 2016
By:
/s/ Benjamin P. Cowart
 
 
Benjamin P. Cowart
Chief Executive Officer
(Principal Executive Officer)



EX-31.2 3 a3-31x2016xex312.htm EXHIBIT 31.2 SEC Exhibit


EXHIBIT 31.2

CERTIFICATION PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Chris Carlson, certify that:

1.
I have reviewed this Quarterly Report on Form 10-Q of Vertex Energy, 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.
The registrant's other certifying officer and I are 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 15d-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 most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of a Quarterly Report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.
The registrant's other certifying officer and I have disclosed, based on our 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.

Date: May 11, 2016
By:
/s/ Chris Carlson
 
 
Chris Carlson
Chief Financial Officer
(Principal Financial/Accounting Officer)




EX-32.1 4 a3-31x2016xex321.htm EXHIBIT 32.1 SEC Exhibit


EXHIBIT 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SS. 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Vertex Energy, Inc. (the "Company") on Form 10-Q for the period ended March 31, 2016, as filed with the Securities and Exchange Commission (the "Report"), I, Benjamin P. Cowart, Principal Executive Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

(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.

Date: May 11, 2016
By:
/s/ Benjamin P. Cowart
 
 
Benjamin P. Cowart
Chief Executive Officer
(Principal Executive Officer)




EX-32.2 5 a3-31x2016xex322.htm EXHIBIT 32.2 SEC Exhibit


EXHIBIT 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. SS. 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Vertex Energy, Inc. (the "Company") on Form 10-Q for the period ended March 31, 2016, as filed with the Securities and Exchange Commission (the "Report"), I, Chris Carlson, Principal Accounting Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

(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.

Date: May 11, 2016
By:
/s/ Chris Carlson
 
 
Chris Carlson
Chief Financial Officer
(Principal Financial/Accounting Officer)




EX-101.INS 6 vtnr-20160331.xml XBRL INSTANCE DOCUMENT 0000890447 2016-01-01 2016-03-31 0000890447 2016-05-10 0000890447 2016-03-31 0000890447 2015-12-31 0000890447 us-gaap:SeriesAPreferredStockMember 2015-12-31 0000890447 us-gaap:SeriesCPreferredStockMember 2016-03-31 0000890447 us-gaap:SeriesAPreferredStockMember 2016-03-31 0000890447 us-gaap:SeriesCPreferredStockMember 2015-12-31 0000890447 us-gaap:SeriesBPreferredStockMember 2016-03-31 0000890447 us-gaap:SeriesBPreferredStockMember 2015-12-31 0000890447 2015-01-01 2015-03-31 0000890447 2014-12-31 0000890447 2015-03-31 0000890447 2015-01-01 2015-12-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member 2015-01-01 2015-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member 2016-01-01 2016-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member 2016-01-01 2016-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member 2016-01-01 2016-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member 2015-01-01 2015-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member 2015-01-01 2015-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member 2015-01-01 2015-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member 2016-01-01 2016-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member 2015-01-01 2015-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member 2016-01-01 2016-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member 2016-01-01 2016-03-31 0000890447 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member vtnr:RefiningMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member vtnr:RefiningMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member vtnr:RefiningMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member vtnr:RefiningMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member vtnr:RefiningMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member vtnr:RefiningMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member vtnr:RefiningMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member vtnr:RefiningMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member vtnr:RefiningMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member vtnr:RefiningMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer2Member vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member vtnr:RefiningMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer3Member vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer6Member vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer1Member vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer5Member vtnr:RefiningMember 2015-01-01 2015-03-31 0000890447 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember vtnr:Customer4Member vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 us-gaap:CostOfGoodsTotalMember us-gaap:SupplierConcentrationRiskMember vtnr:Supplier2Member 2015-01-01 2015-03-31 0000890447 2013-02-01 2013-02-28 0000890447 us-gaap:CostOfGoodsTotalMember us-gaap:SupplierConcentrationRiskMember vtnr:Supplier1Member 2016-01-01 2016-03-31 0000890447 vtnr:VertexRefiningLALLCMember 2016-02-12 0000890447 us-gaap:DiscontinuedOperationsDisposedOfBySaleMember vtnr:BangoPlantMember 2016-01-28 2016-01-28 0000890447 us-gaap:DiscontinuedOperationsDisposedOfBySaleMember vtnr:BangoPlantMember 2016-01-28 0000890447 us-gaap:DiscontinuedOperationsDisposedOfBySaleMember vtnr:BangoPlantMember 2016-01-29 0000890447 vtnr:EquipmentLeasesMember 2016-01-28 2016-01-28 0000890447 vtnr:BangoOilLLCMember 2016-01-28 0000890447 vtnr:BangoOilLLCMember 2016-01-28 2016-01-28 0000890447 us-gaap:SecuredDebtMember 2016-01-28 2016-01-28 0000890447 us-gaap:DiscontinuedOperationsHeldforsaleMember 2015-12-31 0000890447 vtnr:OmegaHoldingsLLCMember 2015-12-31 0000890447 us-gaap:DiscontinuedOperationsHeldforsaleMember 2016-03-31 0000890447 us-gaap:DiscontinuedOperationsHeldforsaleMember 2016-01-01 2016-03-31 0000890447 vtnr:GoldmanSachsUSAMember 2016-03-31 0000890447 vtnr:FoxEncoreMember 2016-03-31 0000890447 vtnr:MidCapBusinessCreditLLCMember 2016-03-31 0000890447 vtnr:TexasCitizensBankMember 2016-03-31 0000890447 vtnr:PacificWesternBankMember 2016-03-31 0000890447 vtnr:VariousInstitutionsMember 2016-03-31 0000890447 vtnr:MidCapLoanAgreementMember us-gaap:SecuredDebtMember us-gaap:MinimumMember 2015-03-27 0000890447 vtnr:RestatedCreditAgreement2016Member vtnr:GoldmanSachsUSAMember us-gaap:SecuredDebtMember 2016-01-29 0000890447 vtnr:MidCapLoanAgreementMember us-gaap:SecuredDebtMember vtnr:RawMaterialsandFinishedGoodsMember us-gaap:MinimumMember 2015-03-27 2015-03-27 0000890447 vtnr:RestatedCreditAgreement2016Member us-gaap:SecuredDebtMember 2016-01-29 2016-01-29 0000890447 vtnr:VertexRefiningOHLLCMember vtnr:FoxNoteMember us-gaap:NotesPayableOtherPayablesMember 2016-01-29 2016-01-29 0000890447 vtnr:CreditAgreement2014Member us-gaap:SecuredDebtMember us-gaap:MaximumMember 2014-05-31 0000890447 vtnr:MidCapLoanAgreementMember us-gaap:SecuredDebtMember us-gaap:MinimumMember 2015-03-27 2015-03-27 0000890447 vtnr:VertexRefiningOHLLCMember vtnr:FoxNoteMember us-gaap:NotesPayableOtherPayablesMember 2016-01-29 0000890447 vtnr:GoldmanSachsUSAMember us-gaap:SecuredDebtMember 2016-03-31 0000890447 vtnr:VariousInstitutionsMember vtnr:InsurancePremiumFinancingMember 2016-01-01 2016-03-31 0000890447 vtnr:CreditAgreement2014Member us-gaap:SecuredDebtMember us-gaap:MaximumMember vtnr:ICEBenchmarkAdministrationLimitedMember 2014-05-01 2014-05-31 0000890447 vtnr:VariousInstitutionsMember vtnr:InsurancePremiumFinancingMember 2015-12-31 0000890447 vtnr:OmegaRefiningMember 2014-05-02 0000890447 vtnr:TexasCitizensBankLoanMember us-gaap:SecuredDebtMember 2016-03-31 0000890447 vtnr:CreditAgreement2014Member us-gaap:SecuredDebtMember us-gaap:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2014-05-01 2014-05-31 0000890447 vtnr:RestatedCreditAgreement2016Member vtnr:GoldmanSachsUSAMember us-gaap:SecuredDebtMember 2016-01-01 2016-03-31 0000890447 vtnr:MidcapFirstAmendmentMember us-gaap:SecuredDebtMember 2015-11-09 0000890447 vtnr:PacificWesternBankMember us-gaap:CapitalLeaseObligationsMember 2016-03-31 0000890447 vtnr:CreditAgreement2014Member us-gaap:SecuredDebtMember 2014-05-31 0000890447 vtnr:RestatedCreditAgreement2016Member us-gaap:SecuredDebtMember 2016-01-29 0000890447 vtnr:VariousInstitutionsMember vtnr:InsurancePremiumFinancingMember 2016-03-31 0000890447 vtnr:TexasCitizensBankMember us-gaap:SecuredDebtMember 2016-03-31 0000890447 vtnr:VertexRefiningOHLLCMember vtnr:FoxNoteMember us-gaap:NotesPayableOtherPayablesMember 2016-01-01 2016-03-31 0000890447 vtnr:MidCapBusinessCreditLLCMember us-gaap:RevolvingCreditFacilityMember 2016-03-31 0000890447 vtnr:FoxEncoreMember us-gaap:SecuredDebtMember 2016-03-31 0000890447 vtnr:CreditAgreement2014Member us-gaap:NotesPayableToBanksMember us-gaap:MaximumMember us-gaap:FederalFundsEffectiveSwapRateMember 2014-05-01 2014-05-31 0000890447 vtnr:RestatedCreditAgreement2016Member 2016-01-29 2016-01-29 0000890447 us-gaap:CommonStockMember 2016-02-05 2016-02-05 0000890447 us-gaap:DiscontinuedOperationsDisposedOfBySaleMember vtnr:BangoPlantMember 2016-01-29 2016-01-29 0000890447 2016-02-04 2016-02-04 0000890447 2016-01-21 2016-01-21 0000890447 us-gaap:DiscontinuedOperationsDisposedOfBySaleMember vtnr:BangoPlantMember 2016-01-01 2016-03-31 0000890447 us-gaap:CommonStockMember 2016-02-04 2016-02-04 0000890447 us-gaap:SeriesBPreferredStockMember 2015-06-24 0000890447 us-gaap:LiabilityMember 2015-06-24 2015-06-24 0000890447 us-gaap:SeriesCPreferredStockMember 2016-01-29 2016-01-29 0000890447 us-gaap:MinimumMember us-gaap:SeriesAPreferredStockMember 2016-03-31 0000890447 us-gaap:SeriesBPreferredStockMember 2016-01-01 2016-03-31 0000890447 2015-06-24 2015-06-24 0000890447 us-gaap:LiabilityMember us-gaap:SeriesBPreferredStockMember 2016-01-01 2016-03-31 0000890447 us-gaap:RestrictedStockMember us-gaap:SeriesBPreferredStockMember us-gaap:SubsequentEventMember 2016-04-01 2016-04-30 0000890447 us-gaap:LiabilityMember us-gaap:MinimumMember us-gaap:SeriesBPreferredStockMember 2016-01-01 2016-03-31 0000890447 2015-06-24 0000890447 us-gaap:MaximumMember us-gaap:SeriesCPreferredStockMember 2016-01-29 2016-01-29 0000890447 us-gaap:SeriesCPreferredStockMember 2016-01-29 0000890447 vtnr:WarrantsMember 2015-06-24 0000890447 us-gaap:RestrictedStockMember us-gaap:SeriesBPreferredStockMember 2016-01-01 2016-01-31 0000890447 us-gaap:SeriesAPreferredStockMember 2016-01-01 2016-03-31 0000890447 us-gaap:ConvertiblePreferredStockMember 2016-03-31 0000890447 us-gaap:CommonStockMember us-gaap:SubsequentEventMember 2016-04-01 2016-04-30 0000890447 us-gaap:CommonStockMember 2016-01-01 2016-01-31 0000890447 us-gaap:LiabilityMember us-gaap:MaximumMember us-gaap:SeriesBPreferredStockMember 2016-01-01 2016-03-31 0000890447 us-gaap:LiabilityMember us-gaap:MaximumMember 2015-06-24 2015-06-24 0000890447 us-gaap:LiabilityMember us-gaap:MinimumMember 2015-06-24 2015-06-24 0000890447 us-gaap:LiabilityMember us-gaap:SeriesBPreferredStockMember 2015-01-01 2015-12-31 0000890447 us-gaap:LiabilityMember us-gaap:MaximumMember us-gaap:SeriesBPreferredStockMember 2015-01-01 2015-12-31 0000890447 us-gaap:LiabilityMember us-gaap:MinimumMember us-gaap:SeriesBPreferredStockMember 2015-01-01 2015-12-31 0000890447 vtnr:WarrantsMember 2015-06-19 0000890447 us-gaap:OperatingSegmentsMember vtnr:RefiningAndMarketingMember 2016-01-01 2016-03-31 0000890447 us-gaap:OperatingSegmentsMember vtnr:RecoveryMember 2016-01-01 2016-03-31 0000890447 us-gaap:OperatingSegmentsMember vtnr:BlackOilMember 2016-01-01 2016-03-31 0000890447 us-gaap:OperatingSegmentsMember vtnr:RefiningAndMarketingMember 2015-01-01 2015-03-31 0000890447 us-gaap:OperatingSegmentsMember vtnr:RecoveryMember 2015-01-01 2015-03-31 0000890447 us-gaap:OperatingSegmentsMember vtnr:BlackOilMember 2015-01-01 2015-03-31 0000890447 vtnr:WarrantsMember us-gaap:SubsequentEventMember 2016-05-10 0000890447 vtnr:AmendmentNumber1toAmendedCreditAgreementMember us-gaap:SecuredDebtMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2016-05-10 2016-12-31 0000890447 us-gaap:SubsequentEventMember us-gaap:ChiefExecutiveOfficerMember 2016-05-10 2016-05-10 0000890447 us-gaap:SecuredDebtMember 2016-01-29 2016-01-29 0000890447 vtnr:AmendmentNumber1toAmendedCreditAgreementMember us-gaap:SecuredDebtMember us-gaap:SubsequentEventMember 2016-05-09 2016-12-31 0000890447 vtnr:AmendmentNumber1toAmendedCreditAgreementMember us-gaap:SecuredDebtMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2016-05-09 2016-12-31 0000890447 us-gaap:SubsequentEventMember 2016-05-10 2016-05-10 0000890447 vtnr:SeriesB1PreferredStockMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember us-gaap:ChiefExecutiveOfficerMember 2016-12-31 0000890447 vtnr:WarrantsMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember us-gaap:ChiefExecutiveOfficerMember 2016-05-10 0000890447 us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2016-05-10 2016-12-31 0000890447 us-gaap:SeriesBPreferredStockMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2016-05-10 2016-12-31 0000890447 vtnr:SeriesB1PreferredStockMember us-gaap:SubsequentEventMember 2016-05-10 0000890447 us-gaap:SubsequentEventMember 2016-05-10 0000890447 vtnr:PreviousParticipatingInvestorsMember us-gaap:SeriesBPreferredStockMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2016-05-10 2016-12-31 0000890447 vtnr:SeriesB1PreferredStockMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember us-gaap:ChiefFinancialOfficerMember 2016-05-10 0000890447 us-gaap:SubsequentEventMember us-gaap:ChiefFinancialOfficerMember 2016-05-10 2016-05-10 0000890447 vtnr:WarrantsMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember us-gaap:ChiefFinancialOfficerMember 2016-05-10 vtnr:unit vtnr:lawsuit vtnr:trading_days xbrli:shares utreg:acre vtnr:lease vtnr:company iso4217:USD vtnr:Payment iso4217:USD vtnr:unit vtnr:extension vtnr:vote xbrli:shares iso4217:USD xbrli:shares vtnr:warrant xbrli:pure false --12-31 Q1 2016 2016-03-31 10-Q 0000890447 29765702 Smaller Reporting Company Vertex Energy Inc. 13244388 7563438 8280749 5643500 6315414 3678156 7818217 8918048 53014054 57381203 1965335 1965344 3654790 0 93644816 82545092 23166774 10962167 70478042 71582925 11170243 0 157678 49376 3154860 186948 190703 6017076 3680841 765364 1782395 -2336235 1017031 2.92 1.53 0.5 0.5 0.25 8013 8013 0.001 0.001 0.001 750000000 750000000 28239276 29765702 28239276 29765702 28239 29765 0.06 0.13 0.08 0.00 0.25 0.00 0.11 0.02 1.00 0.00 0.00 0.14 0.40 0.00 0.60 0.07 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.26 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.01 0.08 0.00 0.07 0.20 0.15 1.00 0.00 0.00 0.12 1.00 0.00 0.00 0.11 0.00 0.00 1.00 0.11 1.00 0.00 0.00 0.01 1.00 0.00 0.00 0.00 0.00 1.00 0.00 0.15 17 120 120227 1 1 100 38008456 14371128 11170243 0 26954092 14551271 0.005 0.01 14551271 5150000 6400000 550457 274750 1865624 310440 28039841 5150000 8900000 7000000 3154860 2045500 1789481 40000000 5150000.00 0.055 0.045 0.1 0.0452 0.04 800000 384121 5306000 5306000 0 6436000 323891 1046681 11702000 5306000 1556982 1593584 1556982 2885457 0 -1986320 1548604 3534924 35000000 35000000 1170581 376571 373706 0 376571 373706 373706 -0.60 -0.07 -0.60 -0.07 0.34 0.34 0 0 0 P5Y6M P4Y1M28D P4Y1M28D 1.00 0.70 1.00 0.70 1.00 0.70 0.0159 0.0121 0.0121 7028067 0 1548604 3534924 16967985 16520425 0 55916 9748562 9700000 -70478 9701834 5370028 5495987 -324117 -238524 -11660455 -1521057 5306000 5306000 -117646 15109000 -211000 -5852000 -477000 -3428000 571000 -523000 -646 0 -117646 661617 -3770626 418097 -2637258 -11170243 -779285 0 2447730 722789 -1095357 1016556 364309 -428958 0 1500000 0 0 0 0 1531180 1915492 500000 953115 474573 3548311 4563132 8 476 0 244000 40753674 26685897 93644816 82545092 33994062 18662039 6400000 8900000 2500000 1744122 550457 515762 14167150 0 0 0 0 0 0 0 44935 0 0 0 0 44935 0 523333 0 0 0 0 523333 0 1295013 0 800000 0 0 495013 0 3801379 0 3200000 0 133154 468225 0 8886611 5150000 2400000 550457 141596 334118 310440 18118142 8937054 5211008 4488934 487682 -8419572 -308159 16299652 -2515758 -6863049 -16966455 -1403411 -16966455 -2163774 -16966455 -2163774 -4251650 5856414 5346452 0 1691662 0 8308000 -7408805 -7893676 429822 55049 -7377471 -6983184 -117983 -276304 13328 481450 482750 577440 0 1365000 530000 11200000 9300000 1500000 312659 1216916 0.06 122425 124258 3.10 100 913285 734147 4400000 0.001 0.001 0.001 0.001 0.001 100 0.001 3.10 3.10 50000000 5000000 50000000 5000000 10000000 44000 612943 8160809 0 492716 8283234 44000 32052 44000 32052 612943 8160809 0 492716 8283234 44000 613 0 493 44 1367442 938484 29788000 4500 29788114 4000000 15100000 8100000 0 4000000 1437500 20720000 0 5366584 -500000 0 0 20900 -16966455 -1403411 60846824 61997364 53028607 53079316 2650000 0 16100000 16000000 800000 800000 0 21913664 449818 16592492 0 1500434 -12106971 -14270745 37684339 24913976 4504243 8266120 14132604 10133494 1372655 2626455 7084688 7138947 88214 124599 244000 2.91 2.94 1.52 100000 53271 3600000 40935935 43140760 0 386658 11955207 11955207 12718435 12718435 12718435 10791675 0 373705 25678025 0.001 0.001 10000000 10000000 8160809 8283234 8160809 8283234 25000000 25000000 25000000 28118396 29304722 28118396 29304722 100000 1300000 3000000 2 0.01 0.01 1108928 1 8064534 122425 124258 0.09999 0.04999 0.09999 6.20 3.10 P20D 3000000 0.5 0.015 0.2 0.1 7000000 0.85 0.03 0.15 P6M 3 150000 1691662 40 20039438 1500000 0.5 1000000 1000000 8308000 P18M 3100000 2112000 1108928 1108928 1108928 3.10 5479463 -1986320 0.095 0 9748562 500000 2000000 P90D P1Y 100000 5 70478 46725 0 0 25 P20D 1 1 2607552 0 10792446 1.49 15.00 7500 10000000 10.00 10.00 P61D 1.00 10 0.9 2.91 5682741 5737796 5682741 1.05 4000000 0.065 0.065 1400000 25000000 18600000 19300000 2650000 0 17971933 2.23 0.7115 1442462 13044793 12281565 7028067 0.01 0.06 1 1 32052 32052 50000 50000 8064534 12000000 1 1 0.60 0.061 0.026 3.10 1.56 3534924 3534924 7028067 4252135 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION AND NATURE OF OPERATIONS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated interim financial statements of Vertex Energy, Inc. (the "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:10pt;">" or "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Vertex Energy</font><font style="font-family:inherit;font-size:10pt;">") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">SEC</font><font style="font-family:inherit;font-size:10pt;">") and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's annual consolidated financial statements as filed with the SEC on Form 10-K on April 4, 2016 (the "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Form 10-K</font><font style="font-family:inherit;font-size:10pt;">"). The December 31, 2015 balance sheet was derived from the audited financial statement of our 2015 Form 10-K. In the opinion of management all adjustments, consisting of normal recurring adjustments necessary for a fair presentation of financial position and the results of operations for the interim periods presented, have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Certain prior period amounts have been reclassified to conform to current period presentation. Notes to the consolidated financial statements which would substantially duplicate the disclosures contained in the audited consolidated financial statements for the most recent fiscal year 2015 as reported in Form 10-K have been omitted.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">LINE OF CREDIT AND LONG-TERM DEBT</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May, 2014, the Company entered into a Credit and Guaranty Agreement with Goldman Sachs Bank USA (as amended, the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Credit Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;). Pursuant to the agreement, Goldman Sachs Bank USA loaned the Company </font><font style="font-family:inherit;font-size:10pt;">$40,000,000</font><font style="font-family:inherit;font-size:10pt;"> in the form of a term loan. As set forth in the Credit Agreement, the Company has the option to select whether loans made under the Credit Agreement bear interest at (a) the greater of (i) the prime rate in effect, (ii) the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System plus &#189; of 1%, (iii) the sum of (A) the Adjusted LIBOR Rate and (B) </font><font style="font-family:inherit;font-size:10pt;">1%</font><font style="font-family:inherit;font-size:10pt;">, and (iv) </font><font style="font-family:inherit;font-size:10pt;">4.5%</font><font style="font-family:inherit;font-size:10pt;"> per annum; or (b) the greater of (i) </font><font style="font-family:inherit;font-size:10pt;">1.50%</font><font style="font-family:inherit;font-size:10pt;"> and (ii) the applicable ICE Benchmark Administration Limited interest rate, divided by (x) one minus, (y) the Adjusted LIBOR Rate. Interest on the Credit Agreement is payable monthly in arrears. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Credit Agreement is secured by all of the assets of the Company. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 26, 2015, the Company entered into a Second Amendment with Goldman Sachs Bank USA to amend the Credit Agreement to among other things, provide for the waiver of the prior defaults and to restructure certain covenants and other financial requirements of the Credit Agreement and to allow for our entry into the MidCap Loan Agreement. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Credit Agreement contains customary representations, warranties, and covenants for facilities of similar nature and size as the Credit Agreement. The Credit Agreement also includes various covenants binding the Company including limits on indebtedness the Company may incur and maintenance of certain financial ratios relating to consolidated EBITDA and debt leverage. As each credit facility contains cross-default provisions, the default under each lender credit agreement constitutes a default under the agreement with the other lender.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 29, 2016, we, Vertex Operating, certain of our other subsidiaries, Goldman Sachs Specialty Lending Holdings, Inc., as lender (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Lender</font><font style="font-family:inherit;font-size:10pt;">&#8221;) and Goldman Sachs Bank USA, a New York State-Chartered Bank, as Administrative Agent, Lead Arranger and Collateral Agent (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Agent</font><font style="font-family:inherit;font-size:10pt;">&#8221;) entered into an Amended and Restated Credit and Guaranty Agreement (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Restated Credit Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;), which amended and restated the Credit Agreement. The Restated Credit Agreement changed the Credit Agreement to an $</font><font style="font-family:inherit;font-size:10pt;">8.9 million</font><font style="font-family:inherit;font-size:10pt;"> multi-draw term loan credit facility (of which approximately $</font><font style="font-family:inherit;font-size:10pt;">6.4 million</font><font style="font-family:inherit;font-size:10pt;"> was outstanding and $</font><font style="font-family:inherit;font-size:10pt;">2.5 million</font><font style="font-family:inherit;font-size:10pt;"> was available to be drawn pursuant to the terms of the Restated Credit Agreement on substantially similar terms as the currently outstanding amounts owed to the Lender); modified the Credit Agreement to adjust certain EBITDA calculations in connection with the purchase of Bango Oil and the sale of the Bango Plant as described above; provided for approval for us to exercise the Purchase Option, enter into and effect the transactions contemplated by a Membership Interest Purchase Agreement, Subscription Agreement, and the Sale Agreement, and allowed for the issuance of the Fox Note (defined below) and the Mortgage (defined below) confirmed that we are required to make payments of $</font><font style="font-family:inherit;font-size:10pt;">800,000</font><font style="font-family:inherit;font-size:10pt;"> per quarter from June 30, 2016 through maturity (May 2, 2019); provided us a moratorium on the prepayment of amounts owed under the Restated Credit Agreement as a result of various financial ratios we are required to meet through December 31, 2016; provided for us to retain any business interruption insurance proceeds received in connection with the Bango Plant; provided for us to pay $</font><font style="font-family:inherit;font-size:10pt;">16 million</font><font style="font-family:inherit;font-size:10pt;"> received at closing from the sale of the Bango Assets, all amounts released from escrow and any other cash proceeds in excess of $</font><font style="font-family:inherit;font-size:10pt;">500,000</font><font style="font-family:inherit;font-size:10pt;"> received from the Sale Agreement after closing to the Lender as prepayment of amounts due under the Restated Credit Agreement; allowed us the right to make certain permitted acquisitions moving forward, without further consent of the Lender, provided that among other requirements, such acquisitions are in the same business or line of business as the Company, that such acquired businesses have generated consolidated adjusted EBITDA for the four fiscal quarters preceding such acquisition in excess of capital expenditures for such period (taking into account adjustments acceptable to the Agent for synergies expected to be achieved within the </font><font style="font-family:inherit;font-size:10pt;">90 days</font><font style="font-family:inherit;font-size:10pt;"> following the closing of such acquisition), and that the funding for such acquisition comes from certain limited sources set forth in greater detail in the Restated Credit Agreement; adjusted certain fixed charge coverage ratios and leverage ratios we are required to meet on a quarterly basis from September 30, 2016 to maturity; required us to maintain at least $</font><font style="font-family:inherit;font-size:10pt;">2 million</font><font style="font-family:inherit;font-size:10pt;"> of liquidity at all times; provided that events of default under the Credit Agreement include events of default under the Fox Note; and made various other updates and changes to take into account transactions which had occurred through the date of such agreement, and to remove expired and non-material terms of the prior Credit Agreement. The balance under the Credit Agreement was $</font><font style="font-family:inherit;font-size:10pt;">6,400,000</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and principal payments in the amounts of $</font><font style="font-family:inherit;font-size:10pt;">2,400,000</font><font style="font-family:inherit;font-size:10pt;">, $</font><font style="font-family:inherit;font-size:10pt;">3,200,000</font><font style="font-family:inherit;font-size:10pt;"> and $</font><font style="font-family:inherit;font-size:10pt;">800,000</font><font style="font-family:inherit;font-size:10pt;"> are due in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective March 27, 2015, the Company, Vertex Operating and all of the Company&#8217;s other subsidiaries other than E-Source Holdings, LLC ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">E-Source</font><font style="font-family:inherit;font-size:10pt;">") and Golden State Lubricant Works, LLC entered into a Loan and Security Agreement with MidCap Business Credit LLC (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">MidCap</font><font style="font-family:inherit;font-size:10pt;">&#8221; and the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">MidCap Loan Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;). Pursuant to the MidCap Loan Agreement, MidCap agreed to loan us up to the lesser of (i) $</font><font style="font-family:inherit;font-size:10pt;">7 million</font><font style="font-family:inherit;font-size:10pt;">; and (ii) </font><font style="font-family:inherit;font-size:10pt;">85%</font><font style="font-family:inherit;font-size:10pt;"> of the amount of accounts receivable due to us which meet certain requirements set forth in the MidCap Loan Agreement (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Qualified Accounts</font><font style="font-family:inherit;font-size:10pt;">&#8221;), plus the lesser of (y) $</font><font style="font-family:inherit;font-size:10pt;">3 million</font><font style="font-family:inherit;font-size:10pt;"> and (z) </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> of the cost or market value, whichever is lower, of our raw material and finished goods which have not yet been sold, subject to the terms and conditions of the MidCap Loan Agreement (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Eligible Inventory</font><font style="font-family:inherit;font-size:10pt;">&#8221;), minus any amount which MidCap may require from time to time in order to over secure amounts owed to MidCap under the MidCap Loan Agreement, as long as no event of default has occurred or is continuing under the terms of the MidCap Loan Agreement. The requirement of MidCap to make loans under the MidCap Loan Agreement is subject to certain standard conditions and requirements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On November 9, 2015, we and certain of our subsidiaries entered into a First Amendment to Loan and Security Agreement (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Midcap First Amendment</font><font style="font-family:inherit;font-size:10pt;">&#8221;). The Midcap First Amendment amended the Midcap Loan Agreement to add Vertex Refining OH, LLC ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Vertex OH</font><font style="font-family:inherit;font-size:10pt;">") as a party thereto; remove Vertex OH&#8217;s requirement to enter into a negative pledge agreement with MidCap; created separate maximum borrowing base credit limits for Vertex OH&#8217;s accounts and customers ($</font><font style="font-family:inherit;font-size:10pt;">100,000</font><font style="font-family:inherit;font-size:10pt;"> maximum per customer, subject to certain exceptions); excluded customers who are based outside of the U.S. or Canada from the credit limits if backed by a bank letter of credit or covered by a foreign receivables insurance policy; removed inventory of Vertex OH from the definition of Eligible Inventory under the Midcap Loan Agreement; and provided that additional affiliates of the Company may become party to the Midcap Loan Agreement by executing an assumption agreement and revolving note in favor of Midcap.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 29, 2016, Vertex OH, borrowed $</font><font style="font-family:inherit;font-size:10pt;">5.15 million</font><font style="font-family:inherit;font-size:10pt;"> from Fox Encore 05 LLC, the prior owner of Bango Oil ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Fox Encore</font><font style="font-family:inherit;font-size:10pt;">") and provided a Promissory Note to Fox Encore to reflect such borrowed funds (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Fox Note</font><font style="font-family:inherit;font-size:10pt;">&#8221;). The Fox Note bears interest at </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> percent per annum (</font><font style="font-family:inherit;font-size:10pt;">15%</font><font style="font-family:inherit;font-size:10pt;"> upon the occurrence of an event of default), payable monthly in arrears beginning on February 29, 2016. The principal and all accrued and unpaid interest on the Fox Note is due on the earlier of (a) July 31, 2016 (as may be extended by Vertex OH as discussed below, the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Maturity Date</font><font style="font-family:inherit;font-size:10pt;">&#8221;), or (b) upon acceleration of the Fox Note during the existence of an event of default as discussed therein. Provided that no event of default is then existing on the Fox Note or under any other loan document associated therewith, and certain other requirements as described in the Fox Note are met, Vertex OH has the right to </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> (3) extension options (each, an &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Extension Option</font><font style="font-family:inherit;font-size:10pt;">&#8221;) pursuant to which Vertex OH may extend the Maturity Date for </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> (6) months each. The first extension will extend the Maturity Date of the Fox Note until January 31, 2017, the second extension will extend the Maturity Date of the Fox Note until July 31, 2017, and the third extension will extend the Maturity Date of the Fox Note until January 29, 2018. Upon exercising an Extension Option, Vertex OH is required to pay Fox Encore an extension fee equal to </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> of the then outstanding principal amount of the Fox Note, which amount is separate from, and is not applied toward, the outstanding indebtedness owed under the Fox Note; provided, however, that if Vertex OH elects to exercise the Extension Option to extend the Maturity Date to January 31, 2017, the </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> fee for such extension is not to be paid in cash but is instead added to the outstanding principal balance of the Fox Note. The Fox Note may be prepaid in whole or in part at any time without penalty, provided that if repaid in full by July 31, 2016, the amount to be repaid is decreased by $</font><font style="font-family:inherit;font-size:10pt;">150,000</font><font style="font-family:inherit;font-size:10pt;">. The Fox Note is&#160;secured by the Mortgage described below.&#160;The Fox Note includes certain standard and customary financial reporting requirements, notice requirements, indemnification requirements, covenants and events of default. The Fox Note also includes a provision allowing the Lender (or any other lender party to the Restated Credit Agreement) to purchase the Fox Note upon the occurrence of an event of default under the Restated Credit Agreement.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 29, 2016, Vertex OH, entered into an Open-End Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents agreement (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Mortgage</font><font style="font-family:inherit;font-size:10pt;">&#8221;) with Fox Encore in order to secure the amount owed under the Fox Note discussed above. Pursuant to the Mortgage, Vertex OH granted Fox Encore a security interest in the Columbus, Ohio refinery owned by Vertex OH.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has notes payable to Texas Citizens Bank bearing interest at </font><font style="font-family:inherit;font-size:10pt;">5.5%</font><font style="font-family:inherit;font-size:10pt;"> per annum, maturing on January 7, 2020.&#160; The balance of the notes payable is </font><font style="font-family:inherit;font-size:10pt;">$1,865,624</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company financed insurance premiums through various financial institutions bearing interest rates from </font><font style="font-family:inherit;font-size:10pt;">4</font><font style="font-family:inherit;font-size:10pt;">% to </font><font style="font-family:inherit;font-size:10pt;">4.52%</font><font style="font-family:inherit;font-size:10pt;">. All such premium finance agreements have maturities of less than one year and have a balance of $</font><font style="font-family:inherit;font-size:10pt;">515,762</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> and a balance of $</font><font style="font-family:inherit;font-size:10pt;">310,440</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 2, 2014, in connection with the closing of the Omega Refining acquisition, the Company assumed </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> capital leases totaling </font><font style="font-family:inherit;font-size:10pt;">$3,154,860</font><font style="font-family:inherit;font-size:10pt;">. Payments made since 2014 have reduced the balance to $</font><font style="font-family:inherit;font-size:10pt;">274,750</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the quarter ending </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, we reported interest expense of approximately $</font><font style="font-family:inherit;font-size:10pt;">1.9 million</font><font style="font-family:inherit;font-size:10pt;"> of which $</font><font style="font-family:inherit;font-size:10pt;">0.5 million</font><font style="font-family:inherit;font-size:10pt;"> is interest expense on our currently outstanding debt and the remaining $</font><font style="font-family:inherit;font-size:10pt;">1.3 million</font><font style="font-family:inherit;font-size:10pt;"> is a one-time write off of the Goldman Sachs deferred finance costs and one-time interest related expenses of $</font><font style="font-family:inherit;font-size:10pt;">.1 million</font><font style="font-family:inherit;font-size:10pt;"> on the Fox Encore Note. The write off of these deferred finance costs was due to the accelerated $</font><font style="font-family:inherit;font-size:10pt;">16 million</font><font style="font-family:inherit;font-size:10pt;"> payment made on the Goldman Sachs loan as noted above. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's outstanding debt facilities as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> are summarized as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Creditor</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Loan Type</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Origination Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Maturity Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Loan Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balance on March&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MidCap Revolving Line of Credit</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revolving Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goldman Sachs USA</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term Loan - Restated Credit Agreement</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 29, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">May 2, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,900,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,400,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fox Encore Promissory Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Promissory Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 29, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">July 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,150,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,150,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pacific Western Bank</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capital Lease</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September, 2012</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">August, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,154,860</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">274,750</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Texas Citizens Bank</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January, 2020</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,045,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,865,624</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various institutions </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Insurance premiums financed </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&lt; 1 year </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,789,481</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">310,440</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">14,551,271</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred Finance Cost, Net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(384,121</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total, net of Deferred Finance Costs, Net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,039,841</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">14,167,150</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future contractual maturities of notes payable are summarized as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.22027290448344%;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:27%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Creditor</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Thereafter</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MidCap Revolving Line of Credit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goldman Sachs USA</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,400,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">800,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fox Encore Promissory Note</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,150,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pacific Western Bank</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">141,596</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">133,154</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Texas Citizens Bank</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">334,118</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">468,225</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">495,013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523,333</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,935</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various institutions </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">310,440</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Totals</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,886,611</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,801,379</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,295,013</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,935</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivative liabilities</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company, in accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing from Equity, convertible preferred shares are accounted for net, outside of shareholders' equity and warrants are accounted for as liabilities at their fair value during periods where they can be net cash settled in case of a change in control transaction. The warrants are accounted for as a liability at their fair value at each reporting period. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, a Dynamic Black Scholes model is utilized that computes the impact of a possible change in control transaction upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">DISPOSITION</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 28, 2016, the Company entered into an Asset Purchase Agreement (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Sale Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;) with Bango Oil, LLC (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Bango Oil</font><font style="font-family:inherit;font-size:10pt;">&#8221;) and Safety-Kleen Systems Inc. (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Safety-Kleen</font><font style="font-family:inherit;font-size:10pt;">&#8221;) pursuant to which the Company agreed to sell to Safety-Kleen the used oil re-refining plant on approximately </font><font style="font-family:inherit;font-size:10pt;">40</font><font style="font-family:inherit;font-size:10pt;"> acres in Churchill County, Nevada (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Bango Plant</font><font style="font-family:inherit;font-size:10pt;">&#8221;), which we previously rented, and all equipment, tools and other tangible personal property located at the Bango Plant, which relate to or are used in connection with the operations of the Bango Plant (collectively, the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Bango Assets</font><font style="font-family:inherit;font-size:10pt;">&#8221;) for an aggregate purchase price of $</font><font style="font-family:inherit;font-size:10pt;">35 million</font><font style="font-family:inherit;font-size:10pt;">. As shown in the table below, a gain on sale of approximately $</font><font style="font-family:inherit;font-size:10pt;">9.7 million</font><font style="font-family:inherit;font-size:10pt;"> was recorded associated with the sale. The gain on sale is included in the accompanying consolidated statement of operations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:65.4296875%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:78%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales price (fair value)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Release of lien on certain equipment at the Bango Plant</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,100,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transaction Fees</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,112,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Proceeds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,788,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Book Value at January 29, 2016 (date transaction closed)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,039,438</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gain on Sale</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,748,562</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net proceeds were used to pay an aggregate of $</font><font style="font-family:inherit;font-size:10pt;">16.1 million</font><font style="font-family:inherit;font-size:10pt;"> toward the Credit Agreement with Goldman Sachs Bank (described in Note 9), $</font><font style="font-family:inherit;font-size:10pt;">9.3 million</font><font style="font-family:inherit;font-size:10pt;"> to exercise the Purchase Option (described below) and $</font><font style="font-family:inherit;font-size:10pt;">1.5 million</font><font style="font-family:inherit;font-size:10pt;"> for equipment and rail park lease acquisitions subsequently included in the Sale Agreement.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, at the closing, we placed $</font><font style="font-family:inherit;font-size:10pt;">1.5 million</font><font style="font-family:inherit;font-size:10pt;"> in cash and $</font><font style="font-family:inherit;font-size:10pt;">1 million</font><font style="font-family:inherit;font-size:10pt;"> worth of our common stock (</font><font style="font-family:inherit;font-size:10pt;">1,108,928</font><font style="font-family:inherit;font-size:10pt;"> shares) into escrow with </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> of the shares to be released to us </font><font style="font-family:inherit;font-size:10pt;">12</font><font style="font-family:inherit;font-size:10pt;"> months following the closing and such cash and the remainder of the shares held in escrow to be released to us </font><font style="font-family:inherit;font-size:10pt;">18</font><font style="font-family:inherit;font-size:10pt;"> months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $</font><font style="font-family:inherit;font-size:10pt;">1 million</font><font style="font-family:inherit;font-size:10pt;">, based on the then market price of our common stock, we are required to increase the number of shares of common stock held in escrow to total $</font><font style="font-family:inherit;font-size:10pt;">1 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate value.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Finally, the Sale Agreement required the Company to use sale proceeds to exercise the purchase option set forth in that certain Lease With Option For Membership Interest Purchase (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Bango Lease</font><font style="font-family:inherit;font-size:10pt;">&#8221;) entered into on April 30, 2015, by and between us, Vertex Refining NV and Bango Oil, whereby, we had the option at any time during the term of the lease to purchase all of the equity interests of Bango Oil (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Purchase Option</font><font style="font-family:inherit;font-size:10pt;">&#8221;), effectively acquiring ownership of the Bango Plant for $</font><font style="font-family:inherit;font-size:10pt;">9.3 million</font><font style="font-family:inherit;font-size:10pt;">. The Membership Interest Purchase Agreement contains standard and customary representations of the parties and indemnification rights, subject in each case to a $</font><font style="font-family:inherit;font-size:10pt;">3 million</font><font style="font-family:inherit;font-size:10pt;"> cap on aggregate indemnification. Upon the closing of the Membership Interest Purchase Agreement, we effectively obtained ownership of the Bango Plant, which we then sold to Safety-Kleen, and Bango Oil became a wholly- owned subsidiary of Vertex Refining NV.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ASSETS HELD FOR SALE</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During 2015 the Company reclassified amounts due from Omega Holdings, LLC to the Company based on the portion of the acquisition purchase price that was allocated to the Bango facility (see Note 5 - Disposition). The Company sold the Bango facility in January 2016 so the following assets were re-classified as "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Assets held for sale</font><font style="font-family:inherit;font-size:10pt;">" at December 31, 2015. The balance of "Assets held for sale" at March 31, 2016 is zero.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:499px;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:366px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:119px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts Receivable </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,691,662</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note Receivable - Current</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,308,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed Assets - Construction in Process </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,170,581</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Total Assets held for sale at December 31, 2015</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,170,243</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 2016 sale of assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,170,243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Total Assets held for sale as of March 31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">EARNINGS&#160;PER SHARE</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per share includes no dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the periods presented. The calculation of basic earnings per share for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> includes the weighted average of common shares outstanding.&#160;Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity, such as convertible preferred stock, stock options, warrants or convertible securities.&#160;Due to their anti-dilutive effect, the calculation of diluted earnings per share for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> excludes: 1) options to purchase </font><font style="font-family:inherit;font-size:10pt;">2,607,552</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock, 2) warrants to purchase </font><font style="font-family:inherit;font-size:10pt;">4,252,135</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock, 3) Series B Preferred stock which is convertible into </font><font style="font-family:inherit;font-size:10pt;">8,283,234</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock and 4) Series A Preferred and Series C Preferred stock, also convertible to common stock.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">:&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basic Earnings per Share</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Numerator:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net (loss) income&#160;available to common shareholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,163,774</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,966,455</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,304,722</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,118,396</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per share</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.60</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diluted Earnings per Share</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Numerator:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net (loss) income available to common shareholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,163,774</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,966,455</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,304,722</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,118,396</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effect of dilutive securities</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock options and warrants</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preferred stock</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted weighted-average shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,304,722</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,118,396</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted earnings per share</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.60</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The changes in liabilities measured using significant unobservable inputs for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:81%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Level Three Roll-Forward</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at December 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Warrants issued June 24, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,028,067</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in valuation of warrants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,479,463</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at December 31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,548,604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in valuation of warrants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,986,320</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at March 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,534,924</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair value of financial instruments</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the FASB ASC, we are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Consistent with the Fair Value Measurement Topic of the FASB ASC, we implemented guidelines relating to the disclosure of our methodology for periodic measurement of our assets and liabilities recorded at fair market value.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier fair value hierarchy prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:37px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:13px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:37px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:13px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:37px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:13px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Level 1 assets primarily include our cash and cash equivalents. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. The carrying amounts of accounts receivable, accounts payable and accrued liabilities approximate their fair values due to the immediate or short-term maturities of these financial instruments.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ACCOUNTS RECEIVABLE</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net, consists of the following at:</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$5,643,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$8,280,749</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allowance for doubtful accounts</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,965,344)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,965,335)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$3,678,156</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$6,315,414</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable represents amounts due from customers.&#160;Accounts receivable are recorded at invoiced amounts, net of reserves and allowances, and do not bear interest.&#160;The Company uses its best estimate to determine the required allowance for doubtful accounts based on a variety of factors, including the length of time receivables are past due, economic trends and conditions affecting its customer base, significant one-time events and historical write-off experience.&#160;Specific provisions are recorded for individual receivables when we become aware of a customer&#8217;s inability to meet its financial obligations.&#160;The Company reviews the adequacy of its reserves and allowances quarterly.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receivable balances greater than 30 days past due are individually reviewed for collectability and if deemed uncollectible, are charged off against the allowance accounts after all means of collection have been exhausted and the potential for recovery is considered remote.&#160;The Company does not have any significant off balance sheet credit exposure related to its customers.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Impairment of long-lived assets</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company evaluates the carrying value and recoverability of its long-lived assets when circumstances warrant such evaluation by applying the provisions of the Financial Accounting Standards Board Accounting Standards Codification ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">FASB ASC</font><font style="font-family:inherit;font-size:10pt;">") regarding long-lived assets. It requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets.&#160;&#160;Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">INCOME TAXES</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Income tax expense (benefit) attributable to income from continuing operations differed from the amounts computed by applying the U.S. federal income tax of </font><font style="font-family:inherit;font-size:10pt;">34%</font><font style="font-family:inherit;font-size:10pt;"> to pretax income from continuing operations as a result of the following for the estimated fiscal years </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">:&#160;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:91.6015625%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:62%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Statutory tax on book&#160;&#160;income</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(477,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,852,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Permanent differences</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">571,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,428,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating loss utilization</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in valuation allowance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(211,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,109,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(646</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(523,000</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense (benefit)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(117,646</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,306,000</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for income taxes in accordance with the FASB ASC Topic 740. The Company records a valuation allowance against net deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and when temporary differences become deductible. The Company considers, among other available information, uncertainties surrounding the recoverability of deferred tax assets, scheduled reversals of deferred tax liabilities, projected future taxable income, and other matters in making this assessment.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As part of the process of preparing its consolidated financial statements, the Company is required to estimate its income taxes in each of the jurisdictions in which it operates. This process requires the Company to estimate its actual current tax liability and to assess temporary differences resulting from differing book versus tax treatment of items, such as deferred revenue, compensation and benefits expense and depreciation. These temporary differences result in deferred tax assets and liabilities, which are included within the Company&#8217;s consolidated statements of financial condition. Significant management judgment is required in determining the Company&#8217;s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized and, when necessary, valuation allowances are established. The ultimate realization of the deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences become deductible. Management considers the level of historical taxable income, scheduled reversals of deferred taxes, projected future taxable income and tax planning strategies that can be implemented by the Company in making this assessment. If actual results differ from these estimates or the Company adjusts these estimates in future periods, the Company may need to adjust its valuation allowance, which could materially impact the Company&#8217;s consolidated financial position and results of operations.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tax contingencies can involve complex issues and may require an extended period of time to resolve. Changes in the level of annual pre-tax income can affect the Company&#8217;s overall effective tax rate. Significant management judgment is required in determining the Company&#8217;s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. Furthermore, the Company&#8217;s interpretation of complex tax laws may impact its recognition and measurement of current and deferred income taxes.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The loss during the quarter ended March 31, 2016 put the Company in an accumulated loss position for the cumulative 12 quarters then ended. The Company did not have sufficient positive evidence to overcome the recent losses and determined it was more likely than not the deferred tax assets would not be realized as of December 31, 2015.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Inventory</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventories of products consist of feedstocks and refined petroleum products and are reported at the lower of cost or market.&#160;&#160;&#160;Cost is determined using the first-in, first-out (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">FIFO</font><font style="font-family:inherit;font-size:10pt;">&#8221;) method. The Company reviews its inventory commodities whenever events or circumstances indicate that the value may not be recoverable.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES RECEIVABLE</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current portion of notes receivable, net, consists of the following at:</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes receivable (collateralized by invoiced accounts receivable)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,346,452</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allowance for doubtful accounts</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,654,790</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes receivable (collateralized by invoiced accounts receivable), net</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,691,662</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The current notes receivable represents amounts due from Omega Holdings, LLC. Of the total notes receivable balance, $1,691,662 represents invoiced amounts that did not bear interest as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The remaining portion of the term notes receivable balance of $</font><font style="font-family:inherit;font-size:10pt;">8,308,000</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2015 also represents amounts due from Omega Holdings, LLC. The $</font><font style="font-family:inherit;font-size:10pt;">8,308,000</font><font style="font-family:inherit;font-size:10pt;"> balance was based on the purchase price allocated to the Nevada facility ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Bango facility</font><font style="font-family:inherit;font-size:10pt;">"). The note carried an interest rate of </font><font style="font-family:inherit;font-size:10pt;">9.5%</font><font style="font-family:inherit;font-size:10pt;"> per annum and was collateralized by assets at the Bango facility. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Both of the Omega Holdings, LLC notes receivable (with balances of $</font><font style="font-family:inherit;font-size:10pt;">1,691,662</font><font style="font-family:inherit;font-size:10pt;"> and $</font><font style="font-family:inherit;font-size:10pt;">8,308,000</font><font style="font-family:inherit;font-size:10pt;">) were re-classified as "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Assets held for sale</font><font style="font-family:inherit;font-size:10pt;">" on the Balance Sheet at December 31, 2015. The Company sold the Bango facility in January, 2016 at which time the note was satisfied in full.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net, consists of the following at:</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$5,643,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$8,280,749</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allowance for doubtful accounts</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,965,344)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,965,335)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$3,678,156</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$6,315,414</font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current portion of notes receivable, net, consists of the following at:</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes receivable (collateralized by invoiced accounts receivable)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,346,452</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allowance for doubtful accounts</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,654,790</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes receivable (collateralized by invoiced accounts receivable), net</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,691,662</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company sold the Bango facility in January 2016 so the following assets were re-classified as "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Assets held for sale</font><font style="font-family:inherit;font-size:10pt;">" at December 31, 2015. The balance of "Assets held for sale" at March 31, 2016 is zero.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:499px;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:366px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:119px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts Receivable </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,691,662</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note Receivable - Current</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,308,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed Assets - Construction in Process </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,170,581</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Total Assets held for sale at December 31, 2015</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,170,243</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 2016 sale of assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,170,243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Total Assets held for sale as of March 31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">:&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basic Earnings per Share</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Numerator:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net (loss) income&#160;available to common shareholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,163,774</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,966,455</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,304,722</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,118,396</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per share</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.60</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diluted Earnings per Share</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Numerator:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net (loss) income available to common shareholders</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,163,774</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,966,455</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,304,722</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,118,396</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effect of dilutive securities</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock options and warrants</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preferred stock</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted weighted-average shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,304,722</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,118,396</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted earnings per share</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.60</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense (benefit) attributable to income from continuing operations differed from the amounts computed by applying the U.S. federal income tax of </font><font style="font-family:inherit;font-size:10pt;">34%</font><font style="font-family:inherit;font-size:10pt;"> to pretax income from continuing operations as a result of the following for the estimated fiscal years </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">:&#160;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:91.6015625%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:62%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Statutory tax on book&#160;&#160;income</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(477,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,852,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Permanent differences</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">571,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,428,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating loss utilization</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in valuation allowance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(211,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,109,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(646</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(523,000</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense (benefit)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(117,646</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,306,000</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's outstanding debt facilities as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> are summarized as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Creditor</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Loan Type</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Origination Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Maturity Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Loan Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balance on March&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MidCap Revolving Line of Credit</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revolving Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goldman Sachs USA</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term Loan - Restated Credit Agreement</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 29, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">May 2, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,900,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,400,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fox Encore Promissory Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Promissory Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 29, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">July 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,150,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,150,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pacific Western Bank</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capital Lease</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September, 2012</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">August, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,154,860</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">274,750</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Texas Citizens Bank</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term Note</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January, 2020</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,045,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,865,624</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various institutions </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Insurance premiums financed </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&lt; 1 year </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,789,481</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">310,440</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">14,551,271</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred Finance Cost, Net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(384,121</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total, net of Deferred Finance Costs, Net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,039,841</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">14,167,150</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future contractual maturities of notes payable are summarized as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.22027290448344%;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:27%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Creditor</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Thereafter</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MidCap Revolving Line of Credit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goldman Sachs USA</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,400,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">800,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fox Encore Promissory Note</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,150,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pacific Western Bank</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">141,596</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">133,154</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Texas Citizens Bank</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">334,118</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">468,225</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">495,013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523,333</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,935</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various institutions </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">310,440</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Totals</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,886,611</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,801,379</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,295,013</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,935</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s reportable segments include the Black Oil, Refining &amp; Marketing and Recovery divisions.&#160;Segment information for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="17" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THREE MONTHS ENDED MARCH 31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Black Oil</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refining &amp;<br clear="none"/>Marketing</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recovery</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,133,494</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,626,455</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,372,655</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,132,604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income (loss) from operations</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,983,184</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(276,304</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(117,983</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,377,471</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="17" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THREE MONTHS ENDED MARCH 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Black Oil</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refining &amp;<br clear="none"/>Marketing</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recovery</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,913,976</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,266,120</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,504,243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,684,339</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income (loss) from operations</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,893,676</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,049</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">429,822</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,408,805</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and for each of the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months then ended, the Company&#8217;s revenues and receivables were comprised of the following customer concentrations:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Receivables</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Receivables</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 4</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 6</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and for each of the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months then ended, the Company's segment revenues were comprised of the following customer concentrations: </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:35%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of Revenue by Segment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% Revenue by Segment</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Black Oil </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Refining</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recovery</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Black Oil </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Refining</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recovery</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 4</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 6</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SEGMENT REPORTING</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s reportable segments include the Black Oil, Refining &amp; Marketing and Recovery divisions.&#160;Segment information for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="17" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THREE MONTHS ENDED MARCH 31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Black Oil</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refining &amp;<br clear="none"/>Marketing</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recovery</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,133,494</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,626,455</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,372,655</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,132,604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income (loss) from operations</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,983,184</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(276,304</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(117,983</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,377,471</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="17" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THREE MONTHS ENDED MARCH 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Black Oil</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refining &amp;<br clear="none"/>Marketing</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recovery</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,913,976</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,266,120</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,504,243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,684,339</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income (loss) from operations</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,893,676</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,049</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">429,822</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,408,805</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Inventory</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventories of products consist of feedstocks and refined petroleum products and are reported at the lower of cost or market.&#160;&#160;&#160;Cost is determined using the first-in, first-out (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">FIFO</font><font style="font-family:inherit;font-size:10pt;">&#8221;) method. The Company reviews its inventory commodities whenever events or circumstances indicate that the value may not be recoverable.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Impairment of long-lived assets</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company evaluates the carrying value and recoverability of its long-lived assets when circumstances warrant such evaluation by applying the provisions of the Financial Accounting Standards Board Accounting Standards Codification ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">FASB ASC</font><font style="font-family:inherit;font-size:10pt;">") regarding long-lived assets. It requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets.&#160;&#160;Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair value of financial instruments</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the FASB ASC, we are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Consistent with the Fair Value Measurement Topic of the FASB ASC, we implemented guidelines relating to the disclosure of our methodology for periodic measurement of our assets and liabilities recorded at fair market value.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier fair value hierarchy prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:37px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:13px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:37px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:13px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:37px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:13px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Level 1 assets primarily include our cash and cash equivalents. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. The carrying amounts of accounts receivable, accounts payable and accrued liabilities approximate their fair values due to the immediate or short-term maturities of these financial instruments.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for income taxes in accordance with the FASB ASC Topic 740. The Company records a valuation allowance against net deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and when temporary differences become deductible. The Company considers, among other available information, uncertainties surrounding the recoverability of deferred tax assets, scheduled reversals of deferred tax liabilities, projected future taxable income, and other matters in making this assessment.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As part of the process of preparing its consolidated financial statements, the Company is required to estimate its income taxes in each of the jurisdictions in which it operates. This process requires the Company to estimate its actual current tax liability and to assess temporary differences resulting from differing book versus tax treatment of items, such as deferred revenue, compensation and benefits expense and depreciation. These temporary differences result in deferred tax assets and liabilities, which are included within the Company&#8217;s consolidated statements of financial condition. Significant management judgment is required in determining the Company&#8217;s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized and, when necessary, valuation allowances are established. The ultimate realization of the deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences become deductible. Management considers the level of historical taxable income, scheduled reversals of deferred taxes, projected future taxable income and tax planning strategies that can be implemented by the Company in making this assessment. If actual results differ from these estimates or the Company adjusts these estimates in future periods, the Company may need to adjust its valuation allowance, which could materially impact the Company&#8217;s consolidated financial position and results of operations.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tax contingencies can involve complex issues and may require an extended period of time to resolve. Changes in the level of annual pre-tax income can affect the Company&#8217;s overall effective tax rate. Significant management judgment is required in determining the Company&#8217;s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. Furthermore, the Company&#8217;s interpretation of complex tax laws may impact its recognition and measurement of current and deferred income taxes.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The loss during the quarter ended March 31, 2016 put the Company in an accumulated loss position for the cumulative 12 quarters then ended. The Company did not have sufficient positive evidence to overcome the recent losses and determined it was more likely than not the deferred tax assets would not be realized as of December 31, 2015. As a result, we created a net valuation reserve of $</font><font style="font-family:inherit;font-size:10pt;">(5,306,000)</font><font style="font-family:inherit;font-size:10pt;"> to offset our entire balance of deferred tax assets of $</font><font style="font-family:inherit;font-size:10pt;">11,702,000</font><font style="font-family:inherit;font-size:10pt;"> less our $</font><font style="font-family:inherit;font-size:10pt;">6,436,000</font><font style="font-family:inherit;font-size:10pt;"> balance of deferred tax liabilities. This resulted in a net book tax expense of $</font><font style="font-family:inherit;font-size:10pt;">(5,306,000)</font><font style="font-family:inherit;font-size:10pt;"> in 2015. The March 31, 2016 current income tax benefit is the result of a federal income tax refund.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivative liabilities</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company, in accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing from Equity, convertible preferred shares are accounted for net, outside of shareholders' equity and warrants are accounted for as liabilities at their fair value during periods where they can be net cash settled in case of a change in control transaction. The warrants are accounted for as a liability at their fair value at each reporting period. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, a Dynamic Black Scholes model is utilized that computes the impact of a possible change in control transaction upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">PREFERRED STOCK AND DETACHABLE WARRANTS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The total number of authorized shares of the Company&#8217;s preferred stock is </font><font style="font-family:inherit;font-size:10pt;">50,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share. The total number of designated shares of the Company&#8217;s Series&#160;A Convertible Preferred Stock is </font><font style="font-family:inherit;font-size:10pt;">5,000,000</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Series A Preferred</font><font style="font-family:inherit;font-size:10pt;">&#8221;).&#160;The total number of designated shares of the Company&#8217;s Series B Preferred Stock is </font><font style="font-family:inherit;font-size:10pt;">10,000,000</font><font style="font-family:inherit;font-size:10pt;">. The number of designated shares of the Company's Series C Preferred Stock is </font><font style="font-family:inherit;font-size:10pt;">44,000</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and December 31, 2015, there were </font><font style="font-family:inherit;font-size:10pt;">492,716</font><font style="font-family:inherit;font-size:10pt;"> shares and </font><font style="font-family:inherit;font-size:10pt;">612,943</font><font style="font-family:inherit;font-size:10pt;"> shares of Series A Preferred Stock issued and outstanding, respectively. As of March 31, 2016 and December 31, 2015, there were </font><font style="font-family:inherit;font-size:10pt;">8,283,234</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">8,160,809</font><font style="font-family:inherit;font-size:10pt;"> shares of Series B Preferred Stock issued and outstanding, respectively. As of March 31, 2016 and December 31, 2015 there were </font><font style="font-family:inherit;font-size:10pt;">44,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">0</font><font style="font-family:inherit;font-size:10pt;"> shares of Series C Preferred Stock issued and outstanding, respectively.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Series A Preferred </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Holders of outstanding shares of Series&#160;A Preferred are entitled to receive dividends, when, as, and if declared by our Board of Directors. No dividends or similar distributions may be made on shares of capital stock or securities junior to our Series&#160;A Preferred until dividends in the same amount per share on our Series&#160;A Preferred have been declared and paid. In connection with a liquidation, winding-up, dissolution or sale of the Company, each share of our Series&#160;A Preferred is entitled to receive $</font><font style="font-family:inherit;font-size:10pt;">1.49</font><font style="font-family:inherit;font-size:10pt;"> prior to similar liquidation payments due on shares of our common stock or any other class of securities junior to the Series&#160;A Preferred. Shares of Series&#160;A Preferred are not entitled to participate with the holders of our common stock with respect to the distribution of any remaining assets of the Company.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Each share of Series&#160;A Preferred is entitled to that number of votes equal to the number of whole shares of common stock into which it is convertible. Generally, holders of our common stock and Series&#160;A Preferred vote together as a single class.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares of Series&#160;A Preferred automatically convert into shares of our common stock on the earliest to occur of the following:</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:33px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:9px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The affirmative vote or written consent of the holders of a majority of the then-outstanding shares of Series&#160;A Preferred;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:33px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:9px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If the closing market price of our common stock averages at least $</font><font style="font-family:inherit;font-size:10pt;">15.00</font><font style="font-family:inherit;font-size:10pt;"> per share over a period of </font><font style="font-family:inherit;font-size:10pt;">20</font><font style="font-family:inherit;font-size:10pt;"> consecutive trading days and the daily trading volume averages at least </font><font style="font-family:inherit;font-size:10pt;">7,500</font><font style="font-family:inherit;font-size:10pt;"> shares over such period;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:33px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:9px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If we consummate an underwritten public offering of our securities at a price per share not less than $</font><font style="font-family:inherit;font-size:10pt;">10.00</font><font style="font-family:inherit;font-size:10pt;"> and for a total gross offering amount of at least $</font><font style="font-family:inherit;font-size:10pt;">10 million</font><font style="font-family:inherit;font-size:10pt;">; or</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:33px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:9px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If a sale of the Company occurs resulting in proceeds to the holders of Series&#160;A Preferred of a per share amount of at least $</font><font style="font-family:inherit;font-size:10pt;">10.00</font><font style="font-family:inherit;font-size:10pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:33px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:9px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Each share of Series&#160;A Preferred converts into </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> share of common stock, subject to adjustment.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Series B Preferred Stock and Temporary Equity</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends on our Series B Preferred Stock accrue at an annual rate of </font><font style="font-family:inherit;font-size:10pt;">6%</font><font style="font-family:inherit;font-size:10pt;"> of the original issue price of the preferred stock (</font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per share), subject to increase under certain circumstances, and are payable on a quarterly basis. The dividends are payable by the Company, at the Company&#8217;s election, in registered common stock of the Company (if available) or cash. In the event dividends are paid in registered common stock of the Company, the number of shares payable will be calculated by dividing (a) the accrued dividend by (b) </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of the arithmetic average of the volume weighted average price (VWAP) of the Company&#8217;s common stock for the </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> trading days immediately prior to the applicable date of determination (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Dividend Stock Payment Price</font><font style="font-family:inherit;font-size:10pt;">&#8221;). Notwithstanding the foregoing, in no event may the Company pay dividends in common stock unless the applicable Dividend Stock Payment Price is above </font><font style="font-family:inherit;font-size:10pt;">$2.91</font><font style="font-family:inherit;font-size:10pt;">. If the Company is prohibited from paying the dividend in cash (due to contractual senior credit agreements or other restrictions) or is unable to pay the dividend in registered common stock, the dividend will be paid in kind in Series B Preferred Stock shares at </font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per share.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series B Preferred Stock include a liquidation preference (in the amount of </font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per share) which is junior to the Company&#8217;s previously outstanding shares of preferred stock, senior credit facilities and other debt holders as provided in further detail in the designation.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series B Preferred Stock (including accrued and unpaid dividends) is convertible into shares of the Company&#8217;s common stock at the holder&#8217;s option at </font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per share (initially a </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">-for-one basis). If the Company&#8217;s common stock trades at or above </font><font style="font-family:inherit;font-size:10pt;">$6.20</font><font style="font-family:inherit;font-size:10pt;"> per share for a period of </font><font style="font-family:inherit;font-size:10pt;">20</font><font style="font-family:inherit;font-size:10pt;"> consecutive trading days, the Company may at such time force conversion of the Series B Preferred Stock (including accrued and unpaid dividends) into common stock of the Company.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series B Preferred Stock votes together with the common stock on an as-converted basis, provided that each holder&#8217;s voting rights are subject to and limited by the Series B Beneficial Ownership Limitation described below.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has the option to redeem the outstanding shares of Series B Preferred Stock at </font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per share, plus any accrued and unpaid dividends on such Series B Preferred Stock redeemed, at any time beginning on June 24, 2017, and the Company is required to redeem the Series B Preferred Stock at </font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per share, plus any accrued and unpaid dividends, on June 24, 2020. Notwithstanding either of the foregoing, the Series B Preferred Stock may not be redeemed unless and until amounts outstanding under the Company&#8217;s senior credit facility have been paid in full.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series B Preferred Stock contains a provision prohibiting the conversion of such Series B Preferred Stock into common stock of the Company, if upon such conversion, the holder thereof would beneficially own more than </font><font style="font-family:inherit;font-size:10pt;">9.999%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s then outstanding common stock (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Series B Beneficial Ownership Limitation</font><font style="font-family:inherit;font-size:10pt;">&#8221;). The Series B Beneficial Ownership Limitation does not apply to forced conversions undertaken by the Company pursuant to the terms of the Designation (summarized above).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On June 24, 2015, we closed the transactions contemplated by the June 19, 2015 Unit Purchase Agreement (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Purchase Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;) we entered into with certain institutional investors (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Investors</font><font style="font-family:inherit;font-size:10pt;">&#8221;), pursuant to which the Company sold the Investors an aggregate of </font><font style="font-family:inherit;font-size:10pt;">8,064,534</font><font style="font-family:inherit;font-size:10pt;">&#160;units (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Units</font><font style="font-family:inherit;font-size:10pt;">&#8221;), each consisting of (i) </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> share of Series B Preferred Stock and (ii) </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> warrant to purchase one-half of a share of common stock of the Company (each a &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Warrant</font><font style="font-family:inherit;font-size:10pt;">&#8221; and collectively, the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Warrants</font><font style="font-family:inherit;font-size:10pt;">&#8221;). The Units were sold at a price of </font><font style="font-family:inherit;font-size:10pt;">$3.10</font><font style="font-family:inherit;font-size:10pt;"> per Unit (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Unit Price</font><font style="font-family:inherit;font-size:10pt;">&#8221;) (a </font><font style="font-family:inherit;font-size:10pt;">6.1%</font><font style="font-family:inherit;font-size:10pt;"> premium to the closing bid price of the Company&#8217;s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was </font><font style="font-family:inherit;font-size:10pt;">$2.91</font><font style="font-family:inherit;font-size:10pt;"> per share (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Closing Bid Price</font><font style="font-family:inherit;font-size:10pt;">&#8221;)). The Warrants have an exercise price of </font><font style="font-family:inherit;font-size:10pt;">$2.92</font><font style="font-family:inherit;font-size:10pt;"> per share (</font><font style="font-family:inherit;font-size:10pt;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> above the Closing Bid Price). Total gross proceeds from the offering of the Units (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Offering</font><font style="font-family:inherit;font-size:10pt;">&#8221;) were </font><font style="font-family:inherit;font-size:10pt;">$25.0 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Placement Agent received a commission equal to </font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;"> of the gross proceeds (less </font><font style="font-family:inherit;font-size:10pt;">$4.0 million</font><font style="font-family:inherit;font-size:10pt;"> raised from certain investors in the Offering for which they received no fee) from the Offering, for an aggregate commission of </font><font style="font-family:inherit;font-size:10pt;">$1.365 million</font><font style="font-family:inherit;font-size:10pt;"> which was netted against the proceeds.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We used the net proceeds from the Offering to repay amounts owed under the Credit Agreement in the amount of </font><font style="font-family:inherit;font-size:10pt;">$15.1 million</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, under the Purchase Agreement, the Company agreed to register the shares of common stock issuable upon conversion of the Series B Preferred Stock and upon exercise of the Warrants under the Securities Act of 1933, as amended, for resale by the Investors. The Company committed to file a registration statement on Form S-1 by the 30th&#160;day following the closing of the Offering (which filing date was met) and to cause the registration statement to become effective by the 90th&#160;day following the closing (or, in the event of a &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">full review</font><font style="font-family:inherit;font-size:10pt;">&#8221; by the Securities and Exchange Commission, the 120th&#160;day following the closing), which registration statement was declared effective by the Securities and Exchange Commission on August 6, 2015. The Purchase Agreement provides for liquidated damages upon the occurrence of certain events, including, but not limited to, the failure by the Company to cause the registration statement to become effective by the deadlines set forth above. The amount of the liquidated damages is </font><font style="font-family:inherit;font-size:10pt;">1.0%</font><font style="font-family:inherit;font-size:10pt;"> of the aggregate subscription amount paid by an Investor for the Units affected by the event that are still held by the Investor upon the occurrence of the event, due on the date immediately following the event that caused such failure (or the 30th&#160;day following such event if the event relates to the suspension of the registration statement as described in the Purchase Agreement), and each 30 days thereafter, with such payments to be prorated on a daily basis during each 30 day period, subject to a maximum of an aggregate of </font><font style="font-family:inherit;font-size:10pt;">6%</font><font style="font-family:inherit;font-size:10pt;"> per annum.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the Purchase Agreement, the Company agreed to indemnify the Investors for liabilities arising out of or relating to (i) any untrue statement of a material fact contained in the registration statement, (ii) any inaccuracy in the representations and warranties of the Company contained in the Purchase Agreement or the failure of the Company to perform its obligations under the Purchase Agreement and (iii) any failure by the Company to fulfill any undertaking included in the registration statement, subject to certain exceptions. The Investors, severally, and not jointly agreed to indemnify the Company against (i) any failure by such Investor to comply with the covenants and agreements contained in the Purchase Agreement and (ii) any untrue statement of a material fact contained in the registration statement to the extent such untrue statement was made in reliance upon and in conformity with written information furnished by or on behalf of that Investor specifically for use in preparation of the registration statement, subject to certain exceptions.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company agreed pursuant to the Purchase Agreement, that until 60 days following effectiveness of the registration statement filed, to register the shares of common stock underlying the Series B Preferred Stock and Warrants (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Lock-Up Period</font><font style="font-family:inherit;font-size:10pt;">&#8221;), to not offer or sell any common stock or securities convertible or exercisable into common stock, except pursuant to certain exceptions described in the Purchase Agreement, and each of the Company&#8217;s officers and directors agreed to not sell or offer for sale any shares of common stock until the end of the Lock-Up Period, subject to certain exceptions.</font></div><div style="line-height:120%;padding-bottom:13px;padding-top:0px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The warrants were valued using the dynamic Black Scholes Merton formula pricing model that computes the impact of share dilution upon the exercise of the warrant shares at approximately </font><font style="font-family:inherit;font-size:10pt;">$7,028,067</font><font style="font-family:inherit;font-size:10pt;">. The Black-Scholes inputs used were: expected dividend rate of </font><font style="font-family:inherit;font-size:10pt;">0%</font><font style="font-family:inherit;font-size:10pt;">, expected volatility of </font><font style="font-family:inherit;font-size:10pt;">70%</font><font style="font-family:inherit;font-size:10pt;">-</font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;">, risk free interest rate of </font><font style="font-family:inherit;font-size:10pt;">1.59%</font><font style="font-family:inherit;font-size:10pt;">, and expected term of </font><font style="font-family:inherit;font-size:10pt;">5.5 years</font><font style="font-family:inherit;font-size:10pt;">. This valuation resulted in a beneficial conversion feature on the convertible preferred stock of approximately </font><font style="font-family:inherit;font-size:10pt;">$5,682,741</font><font style="font-family:inherit;font-size:10pt;">. This amount will be accreted over the term as a deemed dividend. Fees in the amount of </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> relating to the stock placement were netted against proceeds. The warrants are exercisable beginning on December 26, 2015, and expire December 24, 2020. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents the carrying amount of the Series B Preferred Stock, classified as Temporary Equity on the Balance Sheet, at inception and as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> :</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.24561403508771%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Temporary Equity:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At Inception</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">June 24, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Face amount of Series B Preferred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: warrant value</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,028,067</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: beneficial conversion feature</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,737,796</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: issuance costs and fees</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,442,462</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying amount at inception</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,791,675</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Face amount of Series B Preferred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: unaccreted discount</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,281,565</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,044,793</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying amount at March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,718,435</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,955,207</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing Liabilities from Equity as approved by shareholders, the convertible preferred shares are accounted for net outside of stockholders&#8217; equity at </font><font style="font-family:inherit;font-size:10pt;">$12,718,435</font><font style="font-family:inherit;font-size:10pt;"> with the warrants accounted for as liabilities at their fair value of </font><font style="font-family:inherit;font-size:10pt;">$3,534,924</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, the Company utilized a dynamic Black Scholes Merton formula that computes the impact of share dilution upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect. In the event the convertible preferred shares are redeemed, any redemption price in excess of the carrying amount of the convertible preferred stock would be treated as a dividend. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The changes in liabilities measured using significant unobservable inputs for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:81%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Level Three Roll-Forward</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at December 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Warrants issued June 24, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,028,067</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in valuation of warrants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,479,463</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at December 31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,548,604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in valuation of warrants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,986,320</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at March 31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,534,924</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The warrants related to the Series B Preferred Stock were revalued at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> using the Dynamic Black Scholes model that computes the impact of a possible change in control transaction upon the exercise of the warrant shares at approximately </font><font style="font-family:inherit;font-size:10pt;">$3,534,924</font><font style="font-family:inherit;font-size:10pt;">. The dynamic Black-Scholes inputs used were: expected dividend rate of </font><font style="font-family:inherit;font-size:10pt;">0%</font><font style="font-family:inherit;font-size:10pt;">, expected volatility of </font><font style="font-family:inherit;font-size:10pt;">70%</font><font style="font-family:inherit;font-size:10pt;">-</font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;">, risk free interest rate of </font><font style="font-family:inherit;font-size:10pt;">1.21%</font><font style="font-family:inherit;font-size:10pt;">, and expected term of </font><font style="font-family:inherit;font-size:10pt;">4.16 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Certificate of Designation contains customary anti-dilution protection for proportional adjustments (e.g. stock splits). </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The beneficial conversion feature (BCF) relates to potential difference between the effective conversion price (measured based on proceeds allocated to the Series B Preferred Stock) and the fair value of the stock into which Preferred B Shares are currently convertible (common stock). </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If a conversion option embedded in a debt host instrument does not require separate accounting as a derivative instrument under ASC 815, the convertible hybrid instrument must be evaluated under ASC 470-20 for the identification of a possible BCF.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The BCF will be initially recognized as an offsetting reduction to Series B Preferred Stock (debit) - Temporary Equity, with the credit being recognized in equity (additional paid-in capital). </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The resulting debt issuance costs, debt discount, value allocated to warrants, and BCF should be accreted to the Series B Preferred Stock to ensure that the Series B Preferred Stock balance is equal to its face value as of the redemption or conversion date, if conversion is expected earlier.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The BCF was determined by calculating the intrinsic value of the conversion feature as follows:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:83%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Face amount of Series B Preferred Stock</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: allocated value of Warrants</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,028,067</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allocated value of Series B Preferred Stock</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,971,933</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares of Common stock to be converted</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,064,534</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective conversion price</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.23</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Market price</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.94</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intrinsic value per share</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.7115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intrinsic value of beneficial conversion feature</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,682,741</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the quarters ending </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, a total of $ </font><font style="font-family:inherit;font-size:10pt;">$373,706</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">376,571</font><font style="font-family:inherit;font-size:10pt;"> of dividends were accrued on our outstanding Series B Preferred Stock (not including shares of Series B Preferred Stock converted into common stock in August 2015, as described above). We were prohibited from paying such dividends in shares of common stock because the applicable Dividend Stock Payment Price was below </font><font style="font-family:inherit;font-size:10pt;">$2.91</font><font style="font-family:inherit;font-size:10pt;">. The &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Dividend Stock Payment Price</font><font style="font-family:inherit;font-size:10pt;">&#8221; is calculated by dividing (a) the accrued dividends by (b) </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of the arithmetic average of the volume weighted average price (VWAP) of the Company&#8217;s common stock for the </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> trading days immediately prior to the applicable date of determination. In the event the applicable Dividend Stock Payment Price is below </font><font style="font-family:inherit;font-size:10pt;">$2.91</font><font style="font-family:inherit;font-size:10pt;"> we are required to pay such dividend in cash or in-kind in additional shares of Series B Preferred Stock. Pursuant to the terms of our Credit Agreement, we are prohibited from paying the dividend in cash and therefore we paid the accrued dividends in-kind for the quarters ending March 31, 2016 and December 31, 2015, respectively, by way of the issuance of restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock totaling </font><font style="font-family:inherit;font-size:10pt;">124,258</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">122,425</font><font style="font-family:inherit;font-size:10pt;"> in April 2016 and January 2016, respectively. If converted in full, the </font><font style="font-family:inherit;font-size:10pt;">124,258</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">122,425</font><font style="font-family:inherit;font-size:10pt;"> shares of restricted Series B Preferred Stock would convert into </font><font style="font-family:inherit;font-size:10pt;">124,258</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">122,425</font><font style="font-family:inherit;font-size:10pt;">, respectively, shares of our common stock. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Series C Convertible Preferred Stock</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 29, 2016, we sold </font><font style="font-family:inherit;font-size:10pt;">44,000</font><font style="font-family:inherit;font-size:10pt;"> shares of newly-designated Series C Preferred Stock (as described below) in consideration for </font><font style="font-family:inherit;font-size:10pt;">$4 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series C Convertible Preferred Stock ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Series C Preferred Stock</font><font style="font-family:inherit;font-size:10pt;">"), authorized on January 29, 2016, does not accrue a dividend, but has participation rights on an as-converted basis, to any dividends paid on the Company&#8217;s common stock (other than dividends paid solely in common stock). Each Series C Preferred Stock share has a&#160;</font><font style="font-family:inherit;font-size:10pt;">$100</font><font style="font-family:inherit;font-size:10pt;">&#160;face value, and a liquidation preference (in the amount of&#160;</font><font style="font-family:inherit;font-size:10pt;">$100</font><font style="font-family:inherit;font-size:10pt;">&#160;per share) which is junior to the Company&#8217;s previously outstanding shares of preferred stock, senior credit facilities and other debt holders as provided in further detail in the designation, but senior to the common stock.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series C Preferred Stock is convertible into shares of the Company&#8217;s common stock at the holder&#8217;s option at any time at&#160;</font><font style="font-family:inherit;font-size:10pt;">$1.00</font><font style="font-family:inherit;font-size:10pt;">&#160;per share (initially a&#160;</font><font style="font-family:inherit;font-size:10pt;">100</font><font style="font-family:inherit;font-size:10pt;">:1 basis (subject to adjustments for stock splits and recapitalizations)). The Series C Preferred Stock votes together with the common stock on an as-converted basis (the "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Voting Rights</font><font style="font-family:inherit;font-size:10pt;">"), provided that each holder&#8217;s voting rights are subject to and limited by the Series C Beneficial Ownership Limitation described below and provided further that notwithstanding any of the foregoing, solely for purposes of determining the Voting Rights, the Voting Rights accorded to such Series C Convertible Preferred Stock will be determined&#160;</font><font style="font-family:inherit;font-size:10pt;color:#000333;">as if converted at&#160;</font><font style="font-family:inherit;font-size:10pt;color:#000333;">$1.05</font><font style="font-family:inherit;font-size:10pt;color:#000333;">&#160;per share (</font><font style="font-family:inherit;font-size:10pt;">the market value of the common stock as of the close of trading on the day prior to the</font><font style="font-family:inherit;font-size:10pt;color:#000333;">&#160;</font><font style="font-family:inherit;font-size:10pt;">original issuance date of the Series C Preferred Stock</font><font style="font-family:inherit;font-size:10pt;color:#000333;">), and subject to equitable adjustment as discussed in the designation</font><font style="font-family:inherit;font-size:10pt;">. There are no redemption rights associated with the Series C Preferred Stock.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Series C Preferred Stock contains a provision prohibiting the conversion of the Series C Preferred Stock into common stock of the Company, if upon such conversion or exercise, as applicable, the holder thereof would beneficially own more than&#160;</font><font style="font-family:inherit;font-size:10pt;">4.999%</font><font style="font-family:inherit;font-size:10pt;">&#160;of the Company&#8217;s then outstanding common stock (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Series C Beneficial Ownership Limitation</font><font style="font-family:inherit;font-size:10pt;">&#8221;). The Series C Beneficial Ownership Limitation may be increased up and down on a per holder basis, with&#160;</font><font style="font-family:inherit;font-size:10pt;">61</font><font style="font-family:inherit;font-size:10pt;">&#160;days prior written notice from any holder, provided the Series C Beneficial Ownership Limitation may never be higher than </font><font style="font-family:inherit;font-size:10pt;">9.999%</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">So long as any shares of Series C Preferred Stock are outstanding, we are prohibited from undertaking any of the following without first obtaining the approval of the holders of a majority of the outstanding shares of Series C Preferred Stock: (a) increasing or decreasing (other than by redemption or conversion) the total number of authorized shares of Series C Preferred Stock; (b) re-issuing any shares of Series C Preferred Stock converted; (c) creating, or authorizing the creation of, or issuing or obligating the Company to issue shares of, any class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series C Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company, or increasing the authorized number of shares of any additional class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series C Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company; (d) effecting an exchange, reclassification, or cancellation of all or a part of the Series C Preferred Stock (except pursuant to the terms of the designation); (e) effecting an exchange, or creating a right of exchange, of all or part of the shares of another class of shares into shares of Series C Preferred Stock (except pursuant to the terms of the designation); (f) issuing any additional shares of Series C Preferred Stock; (g) altering or changing the rights, preferences or privileges of the shares of Series C Preferred Stock so as to affect adversely the shares of such series; or (h) amending or waiving any provision of the Company&#8217;s Articles of Incorporation or Bylaws relative to the Series C Preferred Stock so as to affect adversely the shares of Series C Preferred Stock in any material respect as compared to holders of other series of shares.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SUBSEQUENT EVENTS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Issuance of Series B Preferred Stock Shares In-Kind</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the terms of our Credit Agreement with our senior lender, we are prohibited from paying dividends in cash and therefore we paid the accrued dividends in-kind by way of the issuance of </font><font style="font-family:inherit;font-size:10pt;">124,258</font><font style="font-family:inherit;font-size:10pt;"> restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock in April 2016. If converted in full, the </font><font style="font-family:inherit;font-size:10pt;">124,258</font><font style="font-family:inherit;font-size:10pt;"> shares of restricted Series B Preferred Stock would convert into </font><font style="font-family:inherit;font-size:10pt;">124,258</font><font style="font-family:inherit;font-size:10pt;"> shares of our common stock. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Amendment No. 1 to Amended and Restated Credit and Guaranty Agreement</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 9, 2016, we entered into Amendment No. 1 to the Amended and Restated Credit Agreement (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Amendment No. 1</font><font style="font-family:inherit;font-size:10pt;">&#8221;), which amended the Restated Credit Agreement. Pursuant to Amendment No. 1, we, Vertex Operating, substantially all of our other wholly-owned subsidiaries, the Lender and the Agent, agreed to amend the Restated Credit Agreement to (a) change the threshold constituting a change of control under the Restated Credit Agreement, from any time that Benjamin P. Cowart, our Chief Executive Officer, Chairman and largest stockholder, ceases to beneficially own and control at least </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;"> on a fully diluted basis of the economic and voting interests of our capital stock (&#8220;Fully-Diluted Capital Stock&#8221;), to any time that Mr. Cowart beneficially owns less than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of our Fully-Diluted Capital Stock; (b) extend the date that we are required to meet certain fixed charge coverage ratios from the quarter ending September 30, 2016, to the quarter ending March 31, 2017; (c) adjust the calculation of leverage ratio described in the Restated Credit Agreement; (d) allow for the Offering (described below) and the required payment of </font><font style="font-family:inherit;font-size:10pt;">$800,000</font><font style="font-family:inherit;font-size:10pt;"> to the Lender in connection with such Offering (representing the payment originally due June 30, 2016); (e) provide that the financial covenants relating to fixed charge ratios and leverage ratios would not be tested for the quarters ending September 30, 2016 and December 31, 2016, in the event we make the </font><font style="font-family:inherit;font-size:10pt;">$800,000</font><font style="font-family:inherit;font-size:10pt;"> payment to the Lender described below (f) amend the required timing for certain other post-closing events to occur under the terms of the Restated Credit Agreement; and (g) include a release whereby we (and substantially all of our wholly-owned subsidiaries) released the Investor and Agent for any claims which we had, or could have had, as of the date the parties entered into Amendment No. 1.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Unit Offering</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 10, 2016, we entered into a Unit Purchase Agreement (the &#8220;Purchase Agreement&#8221;) with certain accredited investors (the &#8220;Investors&#8221;), pursuant to which the Company agreed to sell to the Investors an aggregate of approximately </font><font style="font-family:inherit;font-size:10pt;">12 million</font><font style="font-family:inherit;font-size:10pt;"> units (the &#8220;Units&#8221;), each consisting of (i) </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> share of to-be designated Series B1 Preferred Stock of the Company, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share (the &#8220;Series B1 Preferred Stock&#8221;) and (ii) </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> warrant to purchase one-quarter of a share of common stock of the Company, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share (each a &#8220;Warrant&#8221; and collectively, the &#8220;Warrants&#8221;). The Units were agreed to be sold at a price of </font><font style="font-family:inherit;font-size:10pt;">$1.56</font><font style="font-family:inherit;font-size:10pt;"> per Unit (the &#8220;Unit Price&#8221;) (a </font><font style="font-family:inherit;font-size:10pt;">2.6%</font><font style="font-family:inherit;font-size:10pt;"> premium to the closing bid price of the Company&#8217;s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was </font><font style="font-family:inherit;font-size:10pt;">$1.52</font><font style="font-family:inherit;font-size:10pt;"> per share (the &#8220;Closing Bid Price&#8221;)). The Warrants have an exercise price of </font><font style="font-family:inherit;font-size:10pt;">$1.53</font><font style="font-family:inherit;font-size:10pt;"> per share (</font><font style="font-family:inherit;font-size:10pt;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> above the Closing Bid Price). Total gross proceeds from the offering of the Units (the &#8220;Offering&#8221;) will be approximately </font><font style="font-family:inherit;font-size:10pt;">$19.3 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A total of approximately </font><font style="font-family:inherit;font-size:10pt;">$18.6 million</font><font style="font-family:inherit;font-size:10pt;"> of the securities sold in the Offering came from investors who participated in the Company&#8217;s prior June 2015 offering of Series B Preferred Stock and warrants to purchase shares of common stock. </font><font style="font-family:inherit;font-size:10pt;">60%</font><font style="font-family:inherit;font-size:10pt;"> of the funds received from such investors will be used to immediately repurchase such investors&#8217; Series B Preferred Stock. As a result, a total of approximately </font><font style="font-family:inherit;font-size:10pt;">$11.2 million</font><font style="font-family:inherit;font-size:10pt;"> of the proceeds raised in the Offering will be used to immediately repurchase and retire approximately </font><font style="font-family:inherit;font-size:10pt;">3.6 million</font><font style="font-family:inherit;font-size:10pt;"> shares of Series B Preferred Stock and pay accrued interest on such repurchased shares through the closing date (the &#8220;Repurchases&#8221;), leaving net proceeds of approximately </font><font style="font-family:inherit;font-size:10pt;">$8.1 million</font><font style="font-family:inherit;font-size:10pt;">, before deducting placement agents&#8217; fees and estimated offering expenses. Of these net proceeds, </font><font style="font-family:inherit;font-size:10pt;">$800,000</font><font style="font-family:inherit;font-size:10pt;"> will be used to pay amounts owed to the Lender, as discussed above and the remaining proceeds for working capital purposes and potential acquisitions.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Craig-Hallum Capital Group LLC (the &#8220;Placement Agent&#8221;) acted as exclusive placement agent in connection with the Offering. The Placement Agent will receive a commission equal to </font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;"> of the net proceeds after affecting the Repurchases described above, from the Offering, for an aggregate commission of approximately </font><font style="font-family:inherit;font-size:10pt;">$530,000</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s Chief Executive Officer and Chairman, Benjamin P. Cowart and the Company&#8217;s Chief Financial Officer and Secretary, Chris Carlson, each agreed to purchase </font><font style="font-family:inherit;font-size:10pt;">32,052</font><font style="font-family:inherit;font-size:10pt;"> Units (</font><font style="font-family:inherit;font-size:10pt;">$50,000</font><font style="font-family:inherit;font-size:10pt;"> of Units) in the Offering and in connection with such purchases will be issued </font><font style="font-family:inherit;font-size:10pt;">32,052</font><font style="font-family:inherit;font-size:10pt;"> shares of Series B1 Preferred Stock and Warrants to purchase </font><font style="font-family:inherit;font-size:10pt;">8,013</font><font style="font-family:inherit;font-size:10pt;"> shares at the closing of the Offering.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Purchase Agreement contains customary representations and warranties and covenants of the Company and is subject to customary closing conditions. The Company anticipates that the Offering will close on or about May 13, 2016, subject to the satisfaction or waiver of the closing conditions.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">GOING CONCERN</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the year ended December&#160;31, 2014, events of default occurred under our Credit Agreement with Goldman Sachs Bank USA (as described in Note 9), which were subsequently waived by Goldman Sachs Bank USA pursuant to amendments to the Credit Agreement. Operating losses in 2014, 2015 and continuing into the first quarter of 2016 have inhibited the Company's ability to generate sufficient cash flows to meet its operating needs. These circumstances raise substantial doubt about the Company's ability to continue as a going concern.&#160; To address the cash flow deficiency and operating losses the Company is currently pursuing a number of actions, including: 1) working on inventory strategies related to charging for collection services in this new low oil cost environment; 2) seeking to obtain additional funds through public or private financing sources; 3) restructuring existing debts from lenders; 4) seeking to reduce operating costs; 5) minimizing projected capital costs for 2016 and 6) exploring opportunities to sell or lease any non-income producing assets. There can be no assurances that sufficient liquidity can be generated from one or more of these initiatives or that these initiatives can be consummated within the period needed to meet certain obligations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's consolidated financial statements have been prepared under the assumption that it will continue as a going concern, which assumes the continuity of operations, the realization of assets and the satisfaction of liabilities as they come due in the normal course of business. Although the Company believes that it will be able to generate sufficient liquidity from the measures described above, its current circumstances raise substantial doubt about its ability to continue to operate as a going concern. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents the carrying amount of the Series B Preferred Stock, classified as Temporary Equity on the Balance Sheet, at inception and as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> :</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.24561403508771%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Temporary Equity:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At Inception</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">June 24, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Face amount of Series B Preferred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: warrant value</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,028,067</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: beneficial conversion feature</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,737,796</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: issuance costs and fees</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,442,462</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying amount at inception</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,791,675</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Face amount of Series B Preferred</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: unaccreted discount</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,281,565</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,044,793</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying amount at March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,718,435</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,955,207</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The BCF was determined by calculating the intrinsic value of the conversion feature as follows:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:83%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Face amount of Series B Preferred Stock</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: allocated value of Warrants</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,028,067</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allocated value of Series B Preferred Stock</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,971,933</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares of Common stock to be converted</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,064,534</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective conversion price</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.23</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Market price</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.94</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intrinsic value per share</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.7115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intrinsic value of beneficial conversion feature</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,682,741</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">COMMON STOCK</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The total number of authorized shares of the Company&#8217;s common stock is </font><font style="font-family:inherit;font-size:10pt;">750,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, there were </font><font style="font-family:inherit;font-size:10pt;">29,765,702</font><font style="font-family:inherit;font-size:10pt;"> common shares issued and outstanding (which number does not include the </font><font style="font-family:inherit;font-size:10pt;">1,108,928</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock held in escrow in order to satisfy the indemnification obligations of certain prior acquisition and sale transactions undertaken by us).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Each share of the Company's common stock is entitled to equal dividends and distributions per share with respect to the common stock when, as and if declared by the Company's board of directors.&#160;No holders of any shares of the Company's common stock have a preemptive right to subscribe for any of the Company's securities, nor are any shares of the Company's common stock subject to redemption or convertible into other securities.&#160;Upon liquidation, dissolution or winding-up of the Company and after payment of creditors and preferred shareholders of the Company, if any, the assets of the Company will be divided pro rata on a share-for-share basis among the holders of the Company's common stock.&#160;Each share of the Company's common stock is entitled to </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> vote.&#160;Shares of the Company's common stock do not possess any cumulative voting rights.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common stock activity during the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2016</font><font style="font-family:inherit;font-size:10pt;"> was as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 21, 2016, the Company issued </font><font style="font-family:inherit;font-size:10pt;">244,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock to pay the January 2016 rent due pursuant to the terms of our lease on our Fallon, Nevada plant.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 29, 2016, the Company issued </font><font style="font-family:inherit;font-size:10pt;">1,108,928</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock as part of the escrow fulfillment of the sale of the Vertex Refining Nevada assets to Safety-Kleen Systems, Inc. (the "</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Bango Sale</font><font style="font-family:inherit;font-size:10pt;">").</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 4, 2016, the Company issued </font><font style="font-family:inherit;font-size:10pt;">53,271</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock in connection with a former employee's cashless exercise of stock options to purchase </font><font style="font-family:inherit;font-size:10pt;">100,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 5, 2016, the Company issued </font><font style="font-family:inherit;font-size:10pt;">120,227</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock in the conversion of an equal amount of Series A Preferred shares into common stock.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and for each of the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months then ended, the Company&#8217;s revenues and receivables were comprised of the following customer concentrations:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Receivables</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Receivables</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 4</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 6</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and for each of the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months then ended, the Company's segment revenues were comprised of the following customer concentrations: </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:35%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% of Revenue by Segment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">% Revenue by Segment</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended<br clear="none"/>March 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Black Oil </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Refining</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recovery</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Black Oil </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Refining</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recovery</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 4</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer 6</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company purchases goods and services from </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> company that represented </font><font style="font-family:inherit;font-size:10pt;">15%</font><font style="font-family:inherit;font-size:10pt;">&#160;of total purchases for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> company that represented </font><font style="font-family:inherit;font-size:10pt;">11%</font><font style="font-family:inherit;font-size:10pt;"> of total purchases for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2015</font><font style="font-family:inherit;font-size:10pt;">.&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has had various debt facilities available for use, of which there was $</font><font style="font-family:inherit;font-size:10pt;">14,551,271</font><font style="font-family:inherit;font-size:10pt;"> and $</font><font style="font-family:inherit;font-size:10pt;">26,954,092</font><font style="font-family:inherit;font-size:10pt;"> outstanding as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively. See Note 9 for further details.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2013, Bank of America agreed to lease the Company equipment to enhance the TCEP operation, which went into effect in April 2013.&#160;&#160;Under the current terms of the lease agreement, </font><font style="font-family:inherit;font-size:10pt;">25</font><font style="font-family:inherit;font-size:10pt;"> monthly payments remain of approximately </font><font style="font-family:inherit;font-size:10pt;">$13,328</font><font style="font-family:inherit;font-size:10pt;"> each.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s revenue, profitability and future rate of growth are substantially dependent on prevailing prices for petroleum-based products.&#160;Historically, the energy markets have been very volatile, and there can be no assurance that these prices will not be subject to wide fluctuations in the future.&#160;A substantial or extended decline in such prices could have a material adverse effect on the Company&#8217;s financial position, results of operations, cash flows, and access to capital and on the quantities of petroleum-based products that the Company can economically produce.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company, in its normal course of business, is involved in various other claims and legal action.&#160;In the opinion of management, the outcome of these claims and actions will not have a material adverse impact upon the financial position of the Company.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Litigation:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company, in its normal course of business, is involved in various other claims and legal action. In the opinion of management, the outcome of these claims and actions will not have a material adverse impact upon the financial position of the Company. We are currently party to the following material litigation proceedings:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vertex Refining, NV, LLC ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Vertex Refining, NV</font><font style="font-family:inherit;font-size:10pt;">"), the wholly-owned subsidiary of Vertex Operating, and the Company were named as defendants in a lawsuit filed on or about August 3, 2015, in the Tenth Judicial District Court in the State of Nevada, in and for the County of Churchill, case #15-10DC-0502, by Republic Bank N.A. alleging breach of contract and unjust enrichment with respect to the Asset Purchase Agreement dated May 2, 2014 between the defendants and Omega Refining, LLC, regarding the sale of refinery assets in Fallon, Nevada. This case has been settled and a stipulation for dismissal was filed on or about March 10, 2016.</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vertex Refining LA, LLC ("</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Vertex Refining LA</font><font style="font-family:inherit;font-size:10pt;">"), the wholly-owned subsidiary of Vertex Operating, was named as a defendant, along with numerous other parties, in </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> lawsuits filed on or about February 12, 2016, in the Second Parish Court for the Parish of Jefferson, State of Louisiana, Case No. 121749, by Russell Doucet et. al., Case No. 121750, by Kendra Cannon et. al., Case No. 121751, by Lashawn Jones et. al., Case No. 121752, by Joan Strauss et. al. and Case No. 121753, by Donna Allen et. al. The suits relate to alleged noxious and harmful emissions from our facility located in Marrero, Louisiana. The suits seek damages for physical and emotional injuries, pain and suffering, medical expenses and deprivation of the use and enjoyment of plaintiffs&#8217; homes. We intend to vigorously defend ourselves and oppose the relief sought in the complaints, provided that at this stage of the litigation, the Company has no basis for determining whether there is any likelihood of material loss associated with the claims and/or the potential and/or the outcome of the litigation.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As shown in the table below, a gain on sale of approximately $</font><font style="font-family:inherit;font-size:10pt;">9.7 million</font><font style="font-family:inherit;font-size:10pt;"> was recorded associated with the sale. The gain on sale is included in the accompanying consolidated statement of operations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:65.4296875%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:78%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales price (fair value)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Release of lien on certain equipment at the Bango Plant</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,100,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transaction Fees</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,112,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Proceeds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,788,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Book Value at January 29, 2016 (date transaction closed)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,039,438</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gain on Sale</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,748,562</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> EX-101.SCH 7 vtnr-20160331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2108100 - Disclosure - ACCOUNTS RECEIVABLE link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - ACCOUNTS RECEIVABLE (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - ACCOUNTS RECEIVABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - ASSETS HELD FOR SALE link:presentationLink link:calculationLink link:definitionLink 2411402 - Disclosure - ASSETS HELD FOR SALE (Details) link:presentationLink link:calculationLink link:definitionLink 2311301 - Disclosure - ASSETS HELD FOR SALE (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - BASIS OF PRESENTATION AND NATURE OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 2117100 - Disclosure - COMMON STOCK link:presentationLink link:calculationLink link:definitionLink 2417401 - Disclosure - COMMON STOCK (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Tables) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - DISPOSITION link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - DISPOSITION (Details 1) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - DISPOSITION (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2116100 - Disclosure - EARNINGS PER SHARE link:presentationLink link:calculationLink link:definitionLink 2416403 - Disclosure - EARNINGS PER SHARE (Details) link:presentationLink link:calculationLink link:definitionLink 2416402 - Disclosure - EARNINGS PER SHARE (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2316301 - Disclosure - EARNINGS PER SHARE (Tables) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - GOING CONCERN link:presentationLink link:calculationLink link:definitionLink 2120100 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 2420403 - Disclosure - INCOME TAXES (Details) link:presentationLink link:calculationLink link:definitionLink 2420402 - Disclosure - INCOME TAXES - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2320301 - Disclosure - INCOME TAXES (Tables) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT link:presentationLink link:calculationLink link:definitionLink 2415403 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Details) link:presentationLink link:calculationLink link:definitionLink 2415404 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Details 1) link:presentationLink link:calculationLink link:definitionLink 2415402 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2315301 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - NOTES RECEIVABLE link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - NOTES RECEIVABLE (Details) link:presentationLink link:calculationLink link:definitionLink 2410403 - Disclosure - NOTES RECEIVABLE (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - NOTES RECEIVABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 2118100 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS link:presentationLink link:calculationLink link:definitionLink 2418403 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details) link:presentationLink link:calculationLink link:definitionLink 2418404 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details 2) link:presentationLink link:calculationLink link:definitionLink 2418405 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details 3) link:presentationLink link:calculationLink link:definitionLink 2418402 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 2318301 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Tables) link:presentationLink link:calculationLink link:definitionLink 2119100 - Disclosure - SEGMENT REPORTING link:presentationLink link:calculationLink link:definitionLink 2419402 - Disclosure - SEGMENT REPORTING (Details) link:presentationLink link:calculationLink link:definitionLink 2319301 - Disclosure - SEGMENT REPORTING (Tables) link:presentationLink link:calculationLink link:definitionLink 2121100 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 2421401 - Disclosure - SUBSEQUENT EVENTS (Details) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Details) link:presentationLink link:calculationLink link:definitionLink 2204201 - Disclosure - SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Policies) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 vtnr-20160331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 9 vtnr-20160331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 10 vtnr-20160331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Debt Disclosure [Abstract] Line of Credit Facility [Table] Line of Credit Facility [Table] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Revolving line of credit Revolving Credit Facility [Member] Secured debt Secured Debt [Member] Capital Lease Capital Lease Obligations [Member] Insurance premiums financed Insurance Premium Financing [Member] Insurance Premium Financing [Member] Lender Name [Axis] Lender Name [Axis] Line of Credit Facility, Lender [Domain] Line of Credit Facility, Lender [Domain] MidCap Business Credit, LLC MidCap Business Credit, LLC [Member] MidCap Business Credit, LLC [Member] Goldman Sachs, USA Goldman Sachs, USA [Member] Goldman Sachs, USA [Member] Fox Encore Fox Encore [Member] Fox Encore Pacific Western Bank Pacific Western Bank [Member] Pacific Western Bank [Member] Texas Citizens Bank Texas Citizens Bank [Member] Texas Citizens Bank [Member] Various institutions Various Institutions [Member] Various Institutions [Member] Line of Credit Facility [Line Items] Line of Credit Facility [Line Items] Loan Amount Debt Instrument, Face Amount Long-term Debt Long-term Debt, Unclassified [Abstract] Long-term debt Long-term Debt, Gross Deferred Finance Costs, Net Deferred Finance Costs, Net Total, net of Deferred Finance Costs, Net Long-term Debt and Capital Lease Obligations, Including Current Maturities Receivables [Abstract] ACCOUNTS RECEIVABLE Financing Receivables [Text Block] Document And Entity Information -- None. No documentation exists for this element. -- Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Amendment Flag Amendment Flag Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Period Focus Document Fiscal Year Focus Document Fiscal Year Focus Accounting Policies [Abstract] Valuation allowance Deferred Tax Assets, Valuation Allowance Deferred tax assets Deferred Tax Assets, Gross Deferred tax liabilities Deferred Tax Liabilities, Gross Deferred tax expense Deferred Income Tax Expense (Benefit) Subsequent Events [Abstract] SUBSEQUENT EVENTS Subsequent Events [Text Block] Earnings Per Share [Abstract] Basic Earnings per Share Earnings Per Share, Basic [Abstract] Numerator: Numerator: -- None. No documentation exists for this element. -- Net (loss) income available to common shareholders Net Income (Loss) Available to Common Stockholders, Basic Denominator: Denominator: Weighted-average shares outstanding Weighted Average Number of Shares Outstanding, Basic Basic earnings per share (in USD per share) Earnings Per Share, Basic Diluted Earnings per Share Earnings Per Share, Diluted [Abstract] Net income available to common shareholders Net Income (Loss) Available to Common Stockholders, Diluted Denominator: Denominator1Abstract -- None. No documentation exists for this element. -- Effect of dilutive securities Effect of dilutive securities -- None. No documentation exists for this element. -- Stock options and warrants (shares) Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants Preferred stock (shares) Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock Diluted weighted-average shares outstanding Weighted Average Number of Shares Outstanding, Diluted Diluted earnings per share (in USD per share) Earnings Per Share, Diluted Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract] Notes, Loans and Financing Receivable, Net, Current [Abstract] Notes, Loans and Financing Receivable, Net, Current [Abstract] Notes receivable (collateralized by invoiced accounts receivable) Notes, Loans and Financing Receivable, Gross, Current Allowance for doubtful accounts Allowance for Notes, Loans and Financing Receivable, Current Notes receivable (collateralized by invoiced accounts receivable), net Notes, Loans and Financing Receivable, Net, Current Schedule of outstanding debt facilities Schedule of Line of Credit Facilities [Table Text Block] Schedule of future maturities of notes payable Schedule of Maturities of Long-term Debt [Table Text Block] Schedule of Accounts, Notes, Loans and Financing Receivable [Table] Schedule of Accounts, Notes, Loans and Financing Receivable [Table] Disposal Group Classification [Axis] Disposal Group Classification [Axis] Disposal Group Classification [Domain] Disposal Group Classification [Domain] Held-for-sale Discontinued Operations, Held-for-sale [Member] Counterparty Name [Axis] Counterparty Name [Axis] Counterparty Name [Domain] Counterparty Name [Domain] Omega Holdings, LLC Omega Holdings, LLC [Member] Omega Holdings, LLC [Member] Accounts, Notes, Loans and Financing Receivable [Line Items] Accounts, Notes, Loans and Financing Receivable [Line Items] Notes receivable Notes, Loans and Financing Receivable, Net, Noncurrent Financing receivable, stated interest rate Financing Receivable, Interest Rate, Stated Percentage Financing Receivable, Interest Rate, Stated Percentage Accounts Receivable Disposal Group, Including Discontinued Operation, Accounts Receivable Disposal Group, Including Discontinued Operation, Accounts Receivable Note Receivable - Current Disposal Group, Including Discontinued Operation, Notes Receivable, Current Disposal Group, Including Discontinued Operation, Notes Receivable, Current Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Class of Stock [Axis] Class of Stock [Axis] Class of Stock [Domain] Class of Stock [Domain] Series B Preferred Stock Series B Preferred Stock [Member] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Options to purchase Options to purchase The number of options to purchase not included in earnings per share due to their anti-dilutive effect. Warrants to purchase Warrants to purchase The number of warrants to purchase not included in earnings per share due to their anti-dilutive effect. Temporary equity, shares outstanding Temporary Equity, Shares Outstanding Equity [Abstract] PREFERRED STOCK AND DETACHABLE WARRANTS Stockholders' Equity Note Disclosure [Text Block] Schedule of reconciliation of basic and diluted earnings per share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Inventory [Axis] Inventory [Axis] Inventory [Domain] Inventory [Domain] Raw Materials and Finished Goods Raw Materials and Finished Goods [Member] Raw Materials and Finished Goods [Member] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Vertex Refining OH, LLC Vertex Refining OH, LLC [Member] Vertex Refining OH, LLC [Member] Range [Axis] Range [Axis] Range [Domain] Range [Domain] Maximum Maximum [Member] Minimum Minimum [Member] Business Acquisition [Axis] Business Acquisition [Axis] Business Acquisition, Acquiree [Domain] Business Acquisition, Acquiree [Domain] Omega Refining Omega Refining [Member] Omega Refining [Member] Term loan Promissory note payable Notes Payable, Other Payables [Member] Notes payable Notes Payable to Banks [Member] Variable Rate [Axis] Variable Rate [Axis] Variable Rate [Domain] Variable Rate [Domain] Federal Funds Rate Federal Funds Effective Swap Rate [Member] London Interbank Offered Rate (LIBOR London Interbank Offered Rate (LIBOR) [Member] ICE Benchmark Administration Limited ICE Benchmark Administration Limited [Member] ICE Benchmark Administration Limited [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] 2014 Goldman Sachs Bank Credit Agreement Credit Agreement 2014 [Member] 2014 Credit Agreement [Member] Restated Credit Agreement, 2016 Restated Credit Agreement, 2016 [Member] Restated Credit Agreement, 2016 [Member] MidCap Loan Agreement MidCap Loan Agreement [Member] MidCap Loan Agreement [Member] Midcap First Amendment Midcap First Amendment [Member] Midcap First Amendment [Member] Fox Note Fox Note [Member] Fox Note [Member] Texas Citizens Bank Loan Texas Citizens Bank Loan [Member] Texas Citizens Bank Loan [Member] Term loan amount Variable rate, basis spread Debt Instrument, Basis Spread on Variable Rate Debt instrument, stated rate Debt Instrument, Interest Rate, Stated Percentage Basis spread on variable rate, numerator component Debt Instrument, Basis Spread on Variable Rate, Component of Numerator Debt Instrument, Basis Spread on Variable Rate, Component of Numerator Line of credit, maximum borrowing capacity Line of Credit Facility, Maximum Borrowing Capacity Line of credit outstanding Long-term Line of Credit Remaining borrowing capacity Line of Credit Facility, Remaining Borrowing Capacity Debit instrument, quarterly principal payment Debt Instrument, Periodic Payment, Principal Repayments of debt Repayments of Debt Additional cash proceeds payable per agreement threshold Line of Credit Facility, Additional Cash Proceeds Payable Per Agreement Threshold Line of Credit Facility, Additional Cash Proceeds Payable Per Agreement Threshold EBITDA measurement period Line of Credit Facility, Earnings before Interest, Taxes, Depreciation, and Amortization, Measurement Period Line of Credit Facility, Earnings before Interest, Taxes, Depreciation, and Amortization, Measurement Period Period for synergies to be achieved Line of Credit Facility, Covenant Terms, Period for Synergies to be Achieved Line of Credit Facility, Covenant Terms, Period for Synergies to be Achieved Minimum liquidity Line of Credit Facility, Covenant Terms, Minimum Liquidity Line of Credit Facility, Covenant Terms, Minimum Liquidity Principal payments, 2016 Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal Remainder of Fiscal Year Principal payments, 2017 Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Two Principal payments, 2018 Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Three Agreed upon amount of loan Debt Instrument, Expected Amount Debt Instrument, Expected Amount Agreed upon amount of loan, percentage of account receivable Debt Instrument, Expected Amount, Percentage of Accounts Receivable Debt Instrument, Expected Amount, Percentage of Accounts Receivable Additional agreed upon loan, amount Debt Instrument, Additional Expected Amount Debt Instrument, Additional Expected Amount Additional agreed upon loan amount, percentage of inventory Debt Instrument, Additional Expected Amount, Percentage of Inventory Debt Instrument, Additional Expected Amount, Percentage of Inventory Maximum borrowing base, per account/customer Line of Credit Facility, Maximum Borrowing Capacity, Per Customer Line of Credit Facility, Maximum Borrowing Capacity, Per Customer Interest rate in the event of a default Debt Instrument, Interest Rate, Event of Default Debt Instrument, Interest Rate, Event of Default Number of extension options (extension) Debt Instrument, Number of Extension Options Debt Instrument, Number of Extension Options Length of extension options Debt Instrument, Length of Extension Options Debt Instrument, Length of Extension Options Extension fee percentage Debt Instrument, Extension Fee, Percentage Debt Instrument, Extension Fee, Percentage Prepayment terms, decrease in amount to be repaid Debt Instrument, Prepayment Terms, Decrease in Amount Repaid Debt Instrument, Prepayment Terms, Decrease in Amount Repaid Effective interest rate Debt Instrument, Interest Rate, Effective Percentage Outstanding debt balance Interest rate, minimum Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum Interest rate, maximum Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum Number of capital leases assumed Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Number of Capital Leases Assumed Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Number of Capital Leases Assumed Capital lease amount assume as part of acquisition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Capital Lease Obligation Interest expense Interest Expense Interest expense related to outstanding debt Interest Expense, Debt Write off of deferred finance costs Write off of Deferred Debt Issuance Cost EARNINGS PER SHARE Earnings Per Share [Text Block] Segment Reporting [Abstract] Schedule of Segment Reporting Information, by Segment [Table] Schedule of Segment Reporting Information, by Segment [Table] Consolidation Items [Axis] Consolidation Items [Axis] Consolidation Items [Domain] Consolidation Items [Domain] Operating segments Operating Segments [Member] Segments [Axis] Segments [Axis] Segments [Domain] Segments [Domain] Black Oil Black Oil [Member] Black Oil Member Refining & Marketing Refining & Marketing Refining And Marketing Member Recovery Recovery [Member] Recovery [Member] Segment Reporting Information [Line Items] Segment Reporting Information [Line Items] Revenues Revenue, Net Income (loss) from operations Operating Income (Loss) Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract] Conversion of Stock [Table] Conversion of Stock [Table] Disposal Group Name [Axis] Disposal Group Name [Axis] Disposal Group Name [Domain] Disposal Group Name [Domain] Bango Plant Bango Plant [Member] Bango Plant [Member] Discontinued Operations, Disposed of by Sale Discontinued Operations, Disposed of by Sale [Member] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Common stock Common Stock [Member] Conversion of Stock [Line Items] Conversion of Stock [Line Items] Common stock, shares authorized Common Stock, Shares Authorized Common stock, par value (in USD per share) Common Stock, Par or Stated Value Per Share Common stock, shares issued Common Stock, Shares, Issued Common stock, shares outstanding Common Stock, Shares, Outstanding Number of votes entitled to each common stock share Common Stock, Voting Rights, Number of Votes Per Each Share Common Stock, Voting Rights, Number of Votes Per Each Share Monthly rent payment, shares issued Share-based Goods and Nonemployee Services Transaction, Quantity of Securities Issued Equity interest issued or issuable placed in escrow, shares Disposal Group, Including Discontinued Operations, Common Stock Placed in Escrow, Shares Disposal Group, Including Discontinued Operations, Common Stock Placed in Escrow, Shares Shares issued as result of the exercise of stock options Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Shares issued as result of share conversion Conversion of Stock, Shares Issued Temporary Equity, by Class of Stock [Table] Temporary Equity, by Class of Stock [Table] Temporary Equity [Line Items] Temporary Equity [Line Items] Face amount of Series B Preferred Temporary Equity, Par Value Less: warrant value Temporary Equity, Warrants Issued, Value Temporary Equity, Warrants Issued, Value Less: beneficial conversion feature Preferred Stock, Terms of Conversion, Beneficial Conversion Feature Preferred Stock, Terms of Conversion, Beneficial Conversion Feature Less: issuance costs and fees Temporary Equity, Issuance Costs and Fees Temporary Equity, Issuance Costs and Fees Less: unaccreted discount Temporary Equity, Unaccreted Discount Temporary Equity, Unaccreted Discount Carrying amount of preferred shares Temporary Equity, Carrying Amount, Attributable to Parent Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Balance at beginning of period Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value Warrants issued June 24, 2015 Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances Change in valuation of warrants Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Change in Valuation Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Change in Valuation Balance at end of period SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES Significant Accounting Policies [Text Block] Summary of Temporary Equity Temporary Equity [Table Text Block] Schedule of Liabilities with Unobservable Inputs Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Organization, Consolidation and Presentation of Financial Statements [Abstract] GOING CONCERN Substantial Doubt about Going Concern [Text Block] Schedule of the Company's reportable segment information Schedule of Segment Reporting Information, by Segment [Table Text Block] COMMON STOCK COMMON STOCK [Text Block] The entire disclosure for common stock. Concentrations, Significant Customers, Commitments And Contingencies Disclosure [Abstract] Concentrations, Significant Customers, Commitments And Contingencies Disclosure [Abstract] Schedule of Revenue by Major Customers, by Reporting Segments [Table] Schedule of Revenue by Major Customers, by Reporting Segments [Table] Refining Refining [Member] Refining [Member] Concentration Risk Type [Axis] Concentration Risk Type [Axis] Concentration Risk Type [Domain] Concentration Risk Type [Domain] Customer concentration risk Customer Concentration Risk [Member] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Domain] Revenues Sales Revenue, Net [Member] Receivables Accounts Receivable [Member] Customer [Axis] Customer [Axis] Customer [Domain] Customer [Domain] Customer 1 Customer 1 [Member] Major Customer 1 Member Customer 2 Customer 2 [Member] Major Customer 2 Member Customer 3 Customer 3 [Member] Major Customer 3 Member Customer 4 Customer 4 [Member] Major Customer 4 Member Customer 5 Customer 5 [Member] Major Customer 5 Member Customer 6 Customer 6 [Member] Customer 6 [Member] Revenue, Major Customer [Line Items] Revenue, Major Customer [Line Items] Concentration percentage Concentration Risk, Percentage LINE OF CREDIT AND LONG-TERM DEBT Debt Disclosure [Text Block] Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract] Schedule of Business Acquisitions, by Acquisition [Table] Schedule of Business Acquisitions, by Acquisition [Table] Bango Oil, LLC Bango Oil, LLC [Member] Bango Oil, LLC [Member] Lease Arrangement, Type [Axis] Lease Arrangement, Type [Axis] Lease Arrangement, Type [Domain] Lease Arrangement, Type [Domain] Equipment Leases Equipment Leases [Member] Equipment Leases [Member] Business Acquisition [Line Items] Business Acquisition [Line Items] Area of land oil re-refining plan is location (acre) Disposal Group, Including Discontinued Operation, Area of Land Disposal Group, Including Discontinued Operation, Area of Land Gain (Loss) on Sale of Asset Purchase Agreement [Abstract] Gain (Loss) on Sale of Asset Purchase Agreement [Abstract] Gain (Loss) on Sale of Asset Purchase Agreement [Abstract] Aggregate purchase price Disposal Group, Including Discontinued Operation, Consideration Release of lien on certain equipment at the Bango Plant Disposal Group, Including Discontinued Operation, Release of Lien on Equipment Disposal Group, Including Discontinued Operation, Release of Lien on Equipment Transaction fees Disposal Group, Including Discontinued Operation, Transaction Fees Disposal Group, Including Discontinued Operation, Transaction Fees Net Proceeds Proceeds from Divestiture of Businesses and Interests in Affiliates Book Value at January 29, 2016 (date transaction closed) Disposal Group, Including Discontinued Operation, Book Value of Assets Disposal Group, Including Discontinued Operation, Book Value of Assets Gain (loss) on sale of assets Gain (Loss) on Disposition of Assets Payments to acquire leased equipment Payments to Acquire Equipment on Lease Cash placed in escrow Disposal Group, Including Discontinued Operation, Cash Placed in Escrow Disposal Group, Including Discontinued Operation, Cash Placed in Escrow Equity interest issued or issuable placed in escrow Disposal Group, Including Discontinued Operation, Common Stock Placed in Escrow, Value Disposal Group, Including Discontinued Operation, Common Stock Placed in Escrow, Value Percentage of equity interest issued or issuable to be released Disposal Group, Including Discontinued Operation, Common Stock Placed in Escrow, Percentage to be Released in the Next Twelve Months Disposal Group, Including Discontinued Operation, Common Stock Placed in Escrow, Percentage to be Released in the Next Twelve Months Release of the remaining equity interest from escrow, period Disposal Group, Including Discontinued Operation, Period for Remaining Common Stock to be Released from Escrow Disposal Group, Including Discontinued Operation, Period for Remaining Common Stock to be Released from Escrow Equity interest issued or issuable required to be maintained in escrow Disposal Group, Including Discontinued Operation, Common Stock to be Maintained in Escrow, Value Disposal Group, Including Discontinued Operation, Common Stock to be Maintained in Escrow, Value Payments to acquire businesses Payments to Acquire Businesses, Gross Aggregate indemnification cap Business Acquisition, Indemnification Assets, Cap Business Acquisition, Indemnification Assets, Cap Discontinued Operations and Disposal Groups [Abstract] Disposal Groups, Including Discontinued Operations [Table] Disposal Groups, Including Discontinued Operations [Table] Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] Fixed Assets - Construction in Process Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current January 2016 sale of assets Increase (Decrease) in Assets Held-for-sale Total Assets held for sale Disposal Group, Including Discontinued Operation, Assets, Current Accounts Receivable, Net, Current [Abstract] Accounts receivable Accounts Receivable, Gross, Current Allowance for doubtful accounts Allowance for Doubtful Accounts Receivable, Current Accounts receivable, net Accounts Receivable, Net, Current Income Tax Disclosure [Abstract] INCOME TAXES Income Tax Disclosure [Text Block] Schedule of Concentrations Schedules of Concentration of Risk, by Risk Factor [Table Text Block] DISPOSITION Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] Schedule of Notes Receivable Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] BASIS OF PRESENTATION AND NATURE OF OPERATIONS Business Description and Basis of Presentation [Text Block] U.S. federal income tax rate Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent Subsequent Event [Table] Subsequent Event [Table] Previous Participating Investors Previous Participating Investors [Member] Previous Participating Investors [Member] Scenario [Axis] Scenario [Axis] Scenario, Unspecified [Domain] Scenario, Unspecified [Domain] Forecast Scenario, Forecast [Member] Amendment No. 1 to Amended Credit Agreement Amendment Number 1 to Amended Credit Agreement [Member] Amendment Number 1 to Amended Credit Agreement [Member] Title of Individual [Axis] Title of Individual [Axis] Relationship to Entity [Domain] Relationship to Entity [Domain] Chief Executive Officer Chief Executive Officer [Member] Chief Financial Officer Chief Financial Officer [Member] Class of Warrant or Right [Axis] Class of Warrant or Right [Axis] Class of Warrant or Right [Domain] Class of Warrant or Right [Domain] Warrants Warrants [Member] Warrants [Member] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent event Subsequent Event [Member] Award Type [Axis] Award Type [Axis] Equity Award [Domain] Equity Award [Domain] Restricted shares Restricted Stock [Member] Series B1 Preferred Stock Series B1 Preferred Stock [Member] Series B1 Preferred Stock [Member] Subsequent Event [Line Items] Subsequent Event [Line Items] Preferred stock dividend issued, shares Preferred Stock Dividends, Shares New shares as a result of stock conversion, if converted Conversion of Stock, Shares Issued If Converted Conversion of Stock, Shares Issued If Converted Threshold ownership by largest stockholder Debt Instrument, Covenant, Change in Control, Threshold Ownership by Largest Stockholder Debt Instrument, Covenant, Change in Control, Threshold Ownership by Largest Stockholder Number of units sold as part of Unit Purchase Agreement Unit Purchase Agreement, Number of Units Sold Unit Purchase Agreement, Number of Units Sold Unit Purchase Agreement, number of shares for each unit Unit Purchase Agreement, Number of Shares Per Unit Unit Purchase Agreement, Number of Shares Per Unit Preferred stock, par value (in USD per share) Preferred Stock, Par or Stated Value Per Share Number of securities called by each warrant (shares) Class of Warrant or Right, Number of Securities Called by Each Warrant or Right Unit Purchase Agreement, number of warrants for each unit Unit Purchase Agreement, Number of Warrants per Unit Unit Purchase Agreement, Number of Warrants per Unit Unit Purchase Agreement, price per unit (in USD per unit) Unit Purchase Agreement, Price per Unit Unit Purchase Agreement, Price per Unit Unit Purchase Agreement, exercise price premium over closing stock price, percentage Unit Purchase Agreement, Premium Over Closing Stock Price, Percentage Unit Purchase Agreement, Premium Over Closing Stock Price, Percentage Closing stock price (in USD per share) Share Price Exercise price of warrants (in USD per share) Class of Warrant or Right, Exercise Price of Warrants or Rights Amount over closing price of warrant exercise price (in USD per share) Class of Warrant or Right, Exercise Price of Warrants or Rights, Amount per Share Above Closing Price Class of Warrant or Right, Exercise Price of Warrants or Rights, Amount per Share Above Closing Price Gross proceeds from unit offering Proceeds from Issuance of Private Placement, Gross Proceeds from Issuance of Private Placement, Gross Percentage of funds used to repurchase stock Unit Purchase Agreement, Percentage of Proceeds Used to Repurchase Stock Unit Purchase Agreement, Percentage of Proceeds Used to Repurchase Stock Payments for repurchase of preferred stock Payments for Repurchase of Preferred Stock and Preference Stock Stock repurchased and retired (shares) Stock Repurchased and Retired During Period, Shares Net proceeds from unit offering Proceeds from Issuance of Private Placement Commission percentage of gross proceeds Private Placement, Commissions, Percentage of Gross Proceeds Private Placement, Commissions, Percentage of Gross Proceeds Commissions payment Payments for Commissions Number of units agreed to be purchased by individual Unit Purchase Agreement, Number of Units Agreed to be Purchased by Individual Unit Purchase Agreement, Number of Units Agreed to be Purchased by Individual Number of units agreed to be purchased by individual, value Unit Purchase Agreement, Number of Units Agreed to be Purchased by Individual, Value Unit Purchase Agreement, Number of Units Agreed to be Purchased by Individual, Value Number of shares to be issued Preferred Stock, Shares Issued Number of securities called by warrants (shares) Class of Warrant or Right, Number of Securities Called by Warrants or Rights ASSETS HELD FOR SALE Statement of Cash Flows [Abstract] Cash flows from operating activities Net Cash Provided by (Used in) Operating Activities [Abstract] Net loss Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Adjustments to reconcile net income to cash used in operating activities, net of acquisitions Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Stock based compensation expense Share-based Compensation Depreciation and amortization Depreciation, Depletion and Amortization Payment-in-kind interest Paid-in-Kind Interest Rent paid by common stock Issuance of Stock and Warrants for Services or Claims Gain on sale of assets Gain on Disposition of Assets Gain on Disposition of Assets Loss on sale of assets Loss on Disposition of Assets Loss on Disposition of Assets Increase in fair value of derivative liability Derivative, Gain (Loss) on Derivative, Net Deferred federal income tax expense/(gain) Changes in operating assets and liabilities Increase (Decrease) in Operating Capital [Abstract] Accounts receivable Increase (Decrease) in Accounts Receivable Allowance for doubtful accounts Provision for Doubtful Accounts Inventory Increase (Decrease) in Inventories Prepaid expenses Increase (Decrease) in Prepaid Expense Costs in excess of billings Increase (Decrease) in Cost in Excess of Billing on Uncompleted Contract Accounts payable and accrued expenses Increase (Decrease) in Accounts Payable Deferred revenue Increase (Decrease) in Deferred Revenue Net cash used in operating activities Net Cash Provided by (Used in) Operating Activities Cash flows from investing activities Net Cash Provided by (Used in) Investing Activities [Abstract] Purchase of fixed assets Payments to Acquire Property, Plant, and Equipment Proceeds from sale of Bango assets Costs related to sale of Bango assets Payments Related to the Sale of Productive Assets Payments Related to the Sale of Productive Assets Establish escrow account - restricted cash Increase in Restricted Cash Proceeds from sale of Bango assets Proceeds from Sale of Productive Assets Net cash provided by (used in) investing activities Net Cash Provided by (Used in) Investing Activities Cash flows from financing activities Net Cash Provided by (Used in) Financing Activities [Abstract] Proceeds from sale of Series C Preferred stock Proceeds from Issuance or Sale of Equity Payments on other short and long-term debt Proceeds from Notes Payable Payments on notes payable Repayments of Notes Payable Proceeds from revolving note Proceeds from Lines of Credit Payments on revolving note Repayments of Lines of Credit Notes receivable Proceeds from (Repayments of) Notes Payable Net cash provided by (used in) financing activities Net Cash Provided by (Used in) Financing Activities Net change in cash and cash equivalents Cash and Cash Equivalents, Period Increase (Decrease) Cash and cash equivalents at beginning of the period Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents at end of period SUPPLEMENTAL INFORMATION Supplemental Cash Flow Information [Abstract] Cash paid for interest Interest Paid Cash paid (received) for income tax expense (benefit) Income Taxes Paid, Net NON-CASH INVESTING AND FINANCING TRANSACTIONS Noncash Investing and Financing Items [Abstract] Conversion of Series A Preferred Stock into common stock Conversion of Stock, Amount Converted Accretion of discount on Series B Preferred stock Temporary Equity, Accretion to Redemption Value, Adjustment Series B Preferred dividends accrued Dividends Payable Schedule of Stock by Class [Table] Schedule of Stock by Class [Table] Liability Class [Axis] Liability Class [Axis] Fair Value by Liability Class [Domain] Fair Value by Liability Class [Domain] Liability Liability [Member] Series A Preferred Stock Series A Preferred Stock [Member] Series C Preferred Stock Series C Preferred Stock [Member] Convertible Preferred Stock Convertible Preferred Stock [Member] Class of Stock [Line Items] Class of Stock [Line Items] Preferred stock, shares authorized Preferred Stock, Shares Authorized Preferred stock, shares issued Preferred stock, shares outstanding Preferred Stock, Shares Outstanding Amount each share of preferred stock is entitled to receive prior to similar liquidation payments (in USD per share) Preferred Stock, Amount Received Prior To Similar Liquidation Payments, Per Share Preferred Stock, Amount Received Prior To Similar Liquidation Payments, Per Share Conversion conditions, average common share market price (minimum) (in USD per share) Preferred Stock, Conditions for Automatic Common Stock Conversion, Average Common Stock Price, Per Share Preferred Stock, Conditions for Automatic Common Stock Conversion, Average Common Stock Price, Per Share Conversion terms, threshold consecutive trading days Number of Consecutive Trading Days, Conditions for Automatic Common Stock Conversion Number of Consecutive Trading Days, Conditions for Automatic Common Stock Conversion Conversion conditions, average daily trading volume (minimum) Preferred Stock, Conditions for Automatic Common Stock Conversion, Average Daily Trading Volume Preferred Stock, Conditions for Automatic Common Stock Conversion, Average Daily Trading Volume Conversion conditions, price per share if Company consummates an underwritten public offering (minimum) (in USD per share) Preferred Stock, Conditions for Automatic Common Stock Conversion, Public Offering Share Price Preferred Stock, Conditions for Automatic Common Stock Conversion, Public Offering Share Price Conversion conditions, minimum gross public offering amount Preferred Stock, Conditions for Automatic Common Stock Conversion, Minimum Gross Public Offering Amount Preferred Stock, Conditions for Automatic Common Stock Conversion, Minimum Gross Public Offering Amount Conversion conditions, minimum proceeds to shareholders if the Company is sold (in USD per share) Preferred Stock, Conditions for Automatic Common Stock Conversion, Minimum Proceeds to Shareholders if Company is Sold, Per Share Preferred Stock, Conditions for Automatic Common Stock Conversion, Minimum Proceeds to Shareholders if Company is Sold, Per Share Number of common shares issued for each convertible share Convertible Preferred Stock, Shares Issued upon Conversion Preferred stock, dividend percentage Preferred Stock, Dividend Rate, Percentage Dividends per share (in USD per share) Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears Average of the volume weighted average price of common stock, percentage Preferred Stock, Dividends, Average of the Volume Weighted Average Price of Common Stock, Percentage Preferred Stock, Dividends, Average of the Volume Weighted Average Price of Common Stock, Percentage Number of trading days used to calculate VWAP Preferred Stock, Dividends, Average of the Volume Weighted Average Price of Common Stock, Number of Trading Days Preferred Stock, Dividends, Average of the Volume Weighted Average Price of Common Stock, Number of Trading Days Minimum dividend payment price (in USD per share) Preferred Stock, Dividends, Minimum Dividend Stock Payment Price Preferred Stock, Dividends, Minimum Dividend Stock Payment Price Dividends payable, paid-in-kind (in USD per share) Dividends Payable, Preferred Stock, Paid-in-kind, Price Per Share Dividends Payable, Preferred Stock, Paid-in-kind, Price Per Share Liquidation preference per share (in USD per share) Preferred Stock, Liquidation Preference Per Share Conversion terms, threshold closing price (in USD per share) Convertible Preferred Stock, Conversion Terms, Threshold Closing Price Convertible Preferred Stock, Conversion Terms, Threshold Closing Price Conversion terms, closing price to force conversion (in USD per share) Convertible Preferred Stock, Conversion Terms, Closing Price to Force Conversion Convertible Preferred Stock, Conversion Terms, Closing Price to Force Conversion Conversion terms, threshold consecutive trading days Convertible Preferred Stock, Conversion Terms, Threshold Consecutive Trading Days Convertible Preferred Stock, Conversion Terms, Threshold Consecutive Trading Days Redemption price per share (in USD per share) Preferred Stock, Redemption Price Per Share Conversion terms, Beneficial Ownership Limitation (percentage) Convertible Preferred Stock, Conversion Terms, Beneficial Ownership Limitation Convertible Preferred Stock, Conversion Terms, Beneficial Ownership Limitation Unit Offering [Abstract] Warrants and Rights Note Disclosure [Abstract] Amount raised from certain investors with no fee Private Placement, Amount Raised from Various Investors for No Fee Private Placement, Amount Raised from Various Investors for No Fee Unit Purchase Agreement, liquidated damages to aggregate subscription amount, percentage Unit Purchase Agreement, Liquidated Damages, Percentage of Aggregate Subscription Amount Unit Purchase Agreement, Liquidated Damages, Percentage of Aggregate Subscription Amount Unit Purchase Agreement, maximum percentage of liquidated damages to aggregate subscription amount Unit Purchase Agreement, Liquidated Damages, Percentage of Aggregate Subscription Amount, Maximum Unit Purchase Agreement, Liquidated Damages, Percentage of Aggregate Subscription Amount, Maximum Warrants issued, Black Scholes model, value Warrants Issued, Black Scholes Model, Value Warrants Issued, Black Scholes Model, Value Expected dividend rate percentage Fair Value Assumptions, Expected Dividend Rate Expected volatility rate percentage Fair Value Assumptions, Expected Volatility Rate Risk free interest rate percentage Fair Value Assumptions, Risk Free Interest Rate Expected term (years) Fair Value Assumptions, Expected Term Convertible preferred stock, beneficial conversion feature Private placement fees Private Placement Fees Private Placement Fees Carrying amount of preferred shares Derivative liability, warrants Derivative Liability, Noncurrent Face amount of Series B Preferred Stock Less: allocated value of Warrants Allocated value of Series B Preferred Stock Temporary Equity, Allocated Value of Preferred Stock Temporary Equity, Allocated Value of Preferred Stock Shares of Common stock to be converted Conversion of Common Stock, Shares to be Converted Conversion of Common Stock, Shares to be Converted Effective conversion price (in USD per share) Temporary Equity, Effective Conversion Price Per Share Temporary Equity, Effective Conversion Price Per Share Market price (in USD per share) Intrinsic value per share (in USD per share) Temporary Equity, Intrinsic Value Per Share Temporary Equity, Intrinsic Value Per Share Intrinsic value of beneficial conversion feature Preferred Stock, Terms of Conversion, Beneficial Conversion Feature, Intrinsic Value Preferred Stock, Terms of Conversion, Beneficial Conversion Feature, Intrinsic Value Summary Assets Held-for-sale Disposal Groups, Including Discontinued Operations [Table Text Block] Schedule of Accounts Receivable Summary of Gain on Sale of Assets Summary of Gain on Sale of Assets [Table Text Block] Summary of Gain on Sale of Assets [Table Text Block] Statement of Financial Position [Abstract] Statement [Table] Statement [Table] Statement [Line Items] Statement [Line Items] ASSETS Assets [Abstract] Current assets Assets, Current [Abstract] Cash and cash equivalents Accounts receivable, net Inventory Inventory, Net Prepaid expenses Prepaid Expense, Current Assets being held for sale Costs in Excess of Billings, Current Total current assets Assets, Current Noncurrent assets Assets, Noncurrent [Abstract] Fixed assets, at cost Property, Plant and Equipment, Gross Less accumulated depreciation Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Fixed assets, net Property, Plant and Equipment, Net Escrow - noncurrent restricted cash and cash equivalents Restricted Cash and Cash Equivalents, Noncurrent Intangible assets, net Finite-Lived Intangible Assets, Net Other assets Other Assets, Noncurrent Total noncurrent assets Assets, Noncurrent TOTAL ASSETS Assets LIABILITIES, TEMPORARY EQUITY, AND EQUITY Liabilities and Equity [Abstract] Current liabilities Liabilities, Current [Abstract] Accounts payable and accrued expenses Accounts Payable and Accrued Liabilities, Current Dividends payable Dividends Payable, Current Capital leases Capital Lease Obligations, Current Current portion of long-term debt, net of unamortized finance costs Long-term Debt, Current Maturities Revolving note Line of Credit, Current Deferred revenue Deferred Revenue, Current Total current liabilities Liabilities, Current Long-term liabilities Liabilities, Noncurrent [Abstract] Long-term debt, net of unamortized finance costs Long-term Debt, Excluding Current Maturities Derivative liability Total liabilities Liabilities Commitments and contingencies Commitments and Contingencies TEMPORARY EQUITY Temporary Equity [Abstract] Series B preferred shares, $0.001 par value per share; 10,000,000 shares authorized, 8,283,234 and 8,160,809 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively with a liquidation preference of $25,678,025 at March 31, 2016. EQUITY Stockholders' Equity Attributable to Parent [Abstract] Preferred stock Preferred Stock, Value, Issued Common stock, $0.001 par value per share; 750,000,000 shares authorized; 29,765,702 and 28,239,276 issued and outstanding at March 31, 2016 and December 31, 2015, respectively, with 1,108,928 shares held in escrow at March 31, 2016 . Common Stock, Value, Issued Additional paid-in capital Additional Paid in Capital Accumulated deficit Retained Earnings (Accumulated Deficit) Total Vertex Energy, Inc. stockholders' equity Stockholders' Equity Attributable to Parent TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY Liabilities and Equity SEGMENT REPORTING Segment Reporting Disclosure [Text Block] Schedule of Effective Income Tax Rate Reconciliation Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES [Text Block] The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact and the disclosure of commitments and contingencies. Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Debt Instrument [Line Items] Debt Instrument [Line Items] Maturities of Long-term Debt and Capital Lease Obligations [Abstract] Maturities of Long-term Debt and Capital Lease Obligations [Abstract] 2016 2017 2018 2019 Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Four 2020 Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Five Thereafter Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal after Year Five Income Statement [Abstract] Revenues Cost of revenues Cost of Revenue Gross loss Gross Profit Operating expenses: Operating Expenses [Abstract] Selling, general and administrative expenses (exclusive of acquisition related expenses) General and Administrative Expense Depreciation and amortization expense Depreciation, Depletion and Amortization, Nonproduction Acquisition related expenses Business Combination, Acquisition Related Costs Total operating expenses Selling, General and Administrative Expense Loss from operations Other income (expense): Nonoperating Income (Expense) [Abstract] Provision for doubtful accounts Provision for Doubtful Accounts, Notes Receivable Provision for Doubtful Accounts, Notes Receivable Interest income Investment Income, Interest Loss on change in value of derivative liability Gain on futures contracts Gain (Loss) on Derivative Instruments, Net, Pretax Interest expense Total other income (expense) Nonoperating Income (Expense) Loss before income tax Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Income tax benefit/(expense) Income Tax Expense (Benefit) Net loss Net loss attributable to Vertex Energy, Inc. Net Income (Loss) Attributable to Parent Accretion of discount on Series B Preferred Stock Accrual of dividends on Series B Preferred Stock Temporary Equity, Dividends, Adjustment Net loss available to common shareholders Loss per common share Basic (in USD per share) Diluted (in USD per share) Shares used in computing earnings per share Weighted Average Number of Shares Outstanding, Diluted [Abstract] Basic (shares) Diluted (shares) Statutory tax on book income Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount Permanent differences Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amount Net operating loss utilization Net operating loss utilization The amount of net operating loss utilization increase in the period. Change in valuation allowance Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount Other Effective Income Tax Rate Reconciliation, Other Adjustments, Amount Income tax expense (benefit) Inventory Inventory, Policy [Policy Text Block] Impairment of long-lived assets Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] Fair value of financial instruments Fair Value of Financial Instruments, Policy [Policy Text Block] Income Taxes Income Tax, Policy [Policy Text Block] Derivative liabilities Derivatives, Policy [Policy Text Block] Proceeds from issuance of preferred stock Proceeds from Issuance of Preferred Stock and Preference Stock Conversion terms, price per share (in USD per share) Preferred Stock, Conversion Terms, Price Per Share Preferred Stock, Conversion Terms, Price Per Share Voting rights, as if converted share price (in USD per share) Preferred Stock, Voting Rights, Assumed Conversion Price Preferred Stock, Voting Rights, Assumed Conversion Price Beneficial ownership limitation, notice period Preferred Stock, Conversion Terms, Beneficial Ownership Limitation, Notice Period Preferred Stock, Conversion Terms, Beneficial Ownership Limitation, Notice Period Temporary equity, par value (in USD per share) Temporary Equity, Par or Stated Value Per Share Temporary equity, shares authorized Temporary Equity, Shares Authorized Temporary equity, shares issued Temporary Equity, Shares Issued Temporary equity, liquidation preference Temporary Equity, Liquidation Preference Preferred stock, liquidation preference Preferred Stock, Liquidation Preference, Value Common stock, shares held in escrow Common Stock, Shares, Held in Escrow Common Stock, Shares, Held in Escrow Vertex Refining LA, LLC Vertex Refining LA, LLC [Member] Vertex Refining LA, LLC [Member] Purchases Cost of Goods, Total [Member] Supplier concentration risk Supplier Concentration Risk [Member] Supplier [Axis] Supplier [Axis] Share-based Goods and Nonemployee Services Transaction, Supplier [Domain] Share-based Goods and Nonemployee Services Transaction, Supplier [Domain] Supplier 1 Supplier 1 [Member] Supplier 1 [Member] Supplier 2 Supplier 2 [Member] Supplier 2 [Member] Number of suppliers Number of Suppliers Exceeding Disclosure Benchmark Number of Suppliers Exceeding Disclosure Benchmark Debt facilities outstanding Debt and Capital Lease Obligations Number of payments Number of payments The number of monthly payments for a the lease of equipment. Monthly lease payments for equipment leased to the company Operating Leases, Rent Expense, Net Number of lawsuits named as defendant Loss Contingency, Number of Lawsuits Named as Defendant Loss Contingency, Number of Lawsuits Named as Defendant NOTES RECEIVABLE Loans, Notes, Trade and Other Receivables Disclosure [Text Block] EX-101.PRE 11 vtnr-20160331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 12 a0331201610_chart-12649.jpg begin 644 a0331201610_chart-12649.jpg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end XML 13 R1.htm IDEA: XBRL DOCUMENT v3.4.0.3
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2016
May. 10, 2016
Document And Entity Information    
Entity Registrant Name Vertex Energy Inc.  
Entity Central Index Key 0000890447  
Document Type 10-Q  
Document Period End Date Mar. 31, 2016  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   29,765,702
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2016  

XML 14 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,782,395 $ 765,364
Accounts receivable, net 3,678,156 6,315,414
Inventory 4,563,132 3,548,311
Prepaid expenses 938,484 1,367,442
Assets being held for sale 0 11,170,243
Total current assets 10,962,167 23,166,774
Noncurrent assets    
Fixed assets, at cost 61,997,364 60,846,824
Less accumulated depreciation (8,918,048) (7,818,217)
Fixed assets, net 53,079,316 53,028,607
Escrow - noncurrent restricted cash and cash equivalents 1,500,434 0
Intangible assets, net 16,520,425 16,967,985
Other assets 482,750 481,450
Total noncurrent assets 71,582,925 70,478,042
TOTAL ASSETS 82,545,092 93,644,816
Current liabilities    
Accounts payable and accrued expenses 7,563,438 13,244,388
Dividends payable 373,706 376,571
Capital leases 190,703 186,948
Current portion of long-term debt, net of unamortized finance costs 8,937,054 18,118,142
Revolving note 550,457 1,744,122
Deferred revenue 1,046,681 323,891
Total current liabilities 18,662,039 33,994,062
Long-term liabilities    
Long-term debt, net of unamortized finance costs 4,488,934 5,211,008
Derivative liability 3,534,924 1,548,604
Total liabilities $ 26,685,897 $ 40,753,674
Commitments and contingencies
TEMPORARY EQUITY    
Series B preferred shares, $0.001 par value per share; 10,000,000 shares authorized, 8,283,234 and 8,160,809 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively with a liquidation preference of $25,678,025 at March 31, 2016. $ 12,718,435 $ 11,955,207
EQUITY    
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 29,765,702 and 28,239,276 issued and outstanding at March 31, 2016 and December 31, 2015, respectively, with 1,108,928 shares held in escrow at March 31, 2016 . 29,765 28,239
Additional paid-in capital 57,381,203 53,014,054
Accumulated deficit (14,270,745) (12,106,971)
Total Vertex Energy, Inc. stockholders' equity 43,140,760 40,935,935
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY 82,545,092 93,644,816
Series A Preferred Stock    
EQUITY    
Preferred stock 493 613
Series C Preferred Stock    
EQUITY    
Preferred stock $ 44 $ 0
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Preferred stock, par value (in USD per share) $ 0.001  
Preferred stock, shares authorized 50,000,000 50,000,000
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, shares authorized 750,000,000 750,000,000
Common stock, shares issued 29,765,702 28,239,276
Common stock, shares outstanding 29,765,702 28,239,276
Common stock, shares held in escrow 1,108,928  
Series A Preferred Stock    
Preferred stock, par value (in USD per share) $ 0.001 $ 0.001
Preferred stock, shares authorized 5,000,000 5,000,000
Preferred stock, shares issued 492,716 612,943
Preferred stock, shares outstanding 492,716 612,943
Preferred stock, liquidation preference $ 734,147 $ 913,285
Series B Preferred Stock    
Temporary equity, par value (in USD per share) $ 0.001 $ 0.001
Temporary equity, shares authorized 10,000,000 10,000,000
Temporary equity, shares issued 8,283,234 8,160,809
Temporary equity, shares outstanding 8,283,234 8,160,809
Temporary equity, liquidation preference $ 25,678,025  
Preferred stock, shares authorized 10,000,000  
Preferred stock, shares issued 8,283,234 8,160,809
Preferred stock, shares outstanding 8,283,234 8,160,809
Series C Preferred Stock    
Preferred stock, par value (in USD per share) $ 0.001 $ 0.001
Preferred stock, shares authorized 44,000  
Preferred stock, shares issued 44,000 0
Preferred stock, shares outstanding 44,000 0
Preferred stock, liquidation preference $ 4,400,000  
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Revenues $ 14,132,604 $ 37,684,339
Cost of revenues 14,371,128 38,008,456
Gross loss (238,524) (324,117)
Operating expenses:    
Selling, general and administrative expenses (exclusive of acquisition related expenses) 5,495,987 5,370,028
Depreciation and amortization expense 1,593,584 1,556,982
Acquisition related expenses 49,376 157,678
Total operating expenses 7,138,947 7,084,688
Loss from operations (7,377,471) (7,408,805)
Other income (expense):    
Provision for doubtful accounts 0 (2,650,000)
Interest income 476 8
Gain (loss) on sale of assets 9,701,834 (70,478)
Loss on change in value of derivative liability (1,986,320) 0
Gain on futures contracts 55,916 0
Interest expense (1,915,492) (1,531,180)
Total other income (expense) 5,856,414 (4,251,650)
Loss before income tax (1,521,057) (11,660,455)
Income tax benefit/(expense) 117,646 (5,306,000)
Net loss (1,403,411) (16,966,455)
Net loss attributable to Vertex Energy, Inc. (1,403,411) (16,966,455)
Accretion of discount on Series B Preferred Stock (386,658) 0
Accrual of dividends on Series B Preferred Stock (373,705) 0
Net loss available to common shareholders $ (2,163,774) $ (16,966,455)
Loss per common share    
Basic (in USD per share) $ (0.07) $ (0.60)
Diluted (in USD per share) $ (0.07) $ (0.60)
Shares used in computing earnings per share    
Basic (shares) 29,304,722 28,118,396
Diluted (shares) 29,304,722 28,118,396
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net loss $ (1,403,411) $ (16,966,455)
Adjustments to reconcile net income to cash used in operating activities, net of acquisitions    
Stock based compensation expense 124,599 88,214
Depreciation and amortization 2,885,457 1,556,982
Payment-in-kind interest 0 577,440
Rent paid by common stock 244,000 0
Gain on sale of assets (9,748,562) 0
Loss on sale of assets 46,725 70,478
Increase in fair value of derivative liability 1,986,320 0
Deferred federal income tax expense/(gain) 0 5,306,000
Changes in operating assets and liabilities    
Accounts receivable 2,637,258 (418,097)
Allowance for doubtful accounts 0 2,650,000
Inventory (1,016,556) 1,095,357
Prepaid expenses 428,958 (364,309)
Costs in excess of billings 0 779,285
Accounts payable and accrued expenses (3,770,626) 661,617
Deferred revenue 722,789 2,447,730
Net cash used in operating activities (6,863,049) (2,515,758)
Cash flows from investing activities    
Purchase of fixed assets (1,216,916) (312,659)
Proceeds from sale of Bango assets 29,788,114 4,500
Costs related to sale of Bango assets (10,792,446) 0
Establish escrow account - restricted cash (1,500,000) 0
Proceeds from sale of Bango assets 20,900 0
Net cash provided by (used in) investing activities 16,299,652 (308,159)
Cash flows from financing activities    
Proceeds from sale of Series C Preferred stock 4,000,000 0
Payments on other short and long-term debt 5,366,584 0
Payments on notes payable (16,592,492) (449,818)
Proceeds from revolving note 20,720,000 1,437,500
Payments on revolving note (21,913,664) 0
Notes receivable 0 (500,000)
Net cash provided by (used in) financing activities (8,419,572) 487,682
Net change in cash and cash equivalents 1,017,031 (2,336,235)
Cash and cash equivalents at beginning of the period 765,364 6,017,076
Cash and cash equivalents at end of period 1,782,395 3,680,841
SUPPLEMENTAL INFORMATION    
Cash paid for interest 474,573 953,115
Cash paid (received) for income tax expense (benefit) (117,646) 0
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Conversion of Series A Preferred Stock into common stock 120 17
Accretion of discount on Series B Preferred stock 386,658 0
Series B Preferred dividends accrued $ 373,706 $ 0
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
BASIS OF PRESENTATION AND NATURE OF OPERATIONS
3 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
BASIS OF PRESENTATION AND NATURE OF OPERATIONS
BASIS OF PRESENTATION AND NATURE OF OPERATIONS

The accompanying unaudited consolidated interim financial statements of Vertex Energy, Inc. (the "Company" or "Vertex Energy") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC") and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's annual consolidated financial statements as filed with the SEC on Form 10-K on April 4, 2016 (the "Form 10-K"). The December 31, 2015 balance sheet was derived from the audited financial statement of our 2015 Form 10-K. In the opinion of management all adjustments, consisting of normal recurring adjustments necessary for a fair presentation of financial position and the results of operations for the interim periods presented, have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Certain prior period amounts have been reclassified to conform to current period presentation. Notes to the consolidated financial statements which would substantially duplicate the disclosures contained in the audited consolidated financial statements for the most recent fiscal year 2015 as reported in Form 10-K have been omitted.
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.4.0.3
GOING CONCERN
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN
GOING CONCERN

During the year ended December 31, 2014, events of default occurred under our Credit Agreement with Goldman Sachs Bank USA (as described in Note 9), which were subsequently waived by Goldman Sachs Bank USA pursuant to amendments to the Credit Agreement. Operating losses in 2014, 2015 and continuing into the first quarter of 2016 have inhibited the Company's ability to generate sufficient cash flows to meet its operating needs. These circumstances raise substantial doubt about the Company's ability to continue as a going concern.  To address the cash flow deficiency and operating losses the Company is currently pursuing a number of actions, including: 1) working on inventory strategies related to charging for collection services in this new low oil cost environment; 2) seeking to obtain additional funds through public or private financing sources; 3) restructuring existing debts from lenders; 4) seeking to reduce operating costs; 5) minimizing projected capital costs for 2016 and 6) exploring opportunities to sell or lease any non-income producing assets. There can be no assurances that sufficient liquidity can be generated from one or more of these initiatives or that these initiatives can be consummated within the period needed to meet certain obligations.
The Company's consolidated financial statements have been prepared under the assumption that it will continue as a going concern, which assumes the continuity of operations, the realization of assets and the satisfaction of liabilities as they come due in the normal course of business. Although the Company believes that it will be able to generate sufficient liquidity from the measures described above, its current circumstances raise substantial doubt about its ability to continue to operate as a going concern. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.4.0.3
SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES
3 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES
SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES

Inventory

Inventories of products consist of feedstocks and refined petroleum products and are reported at the lower of cost or market.   Cost is determined using the first-in, first-out (“FIFO”) method. The Company reviews its inventory commodities whenever events or circumstances indicate that the value may not be recoverable.

Impairment of long-lived assets
The Company evaluates the carrying value and recoverability of its long-lived assets when circumstances warrant such evaluation by applying the provisions of the Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") regarding long-lived assets. It requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets.  Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.

Fair value of financial instruments
Under the FASB ASC, we are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Consistent with the Fair Value Measurement Topic of the FASB ASC, we implemented guidelines relating to the disclosure of our methodology for periodic measurement of our assets and liabilities recorded at fair market value.
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier fair value hierarchy prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include:
Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;
Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and
Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

Our Level 1 assets primarily include our cash and cash equivalents. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. The carrying amounts of accounts receivable, accounts payable and accrued liabilities approximate their fair values due to the immediate or short-term maturities of these financial instruments.
Income Taxes

The Company accounts for income taxes in accordance with the FASB ASC Topic 740. The Company records a valuation allowance against net deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and when temporary differences become deductible. The Company considers, among other available information, uncertainties surrounding the recoverability of deferred tax assets, scheduled reversals of deferred tax liabilities, projected future taxable income, and other matters in making this assessment.
As part of the process of preparing its consolidated financial statements, the Company is required to estimate its income taxes in each of the jurisdictions in which it operates. This process requires the Company to estimate its actual current tax liability and to assess temporary differences resulting from differing book versus tax treatment of items, such as deferred revenue, compensation and benefits expense and depreciation. These temporary differences result in deferred tax assets and liabilities, which are included within the Company’s consolidated statements of financial condition. Significant management judgment is required in determining the Company’s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized and, when necessary, valuation allowances are established. The ultimate realization of the deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences become deductible. Management considers the level of historical taxable income, scheduled reversals of deferred taxes, projected future taxable income and tax planning strategies that can be implemented by the Company in making this assessment. If actual results differ from these estimates or the Company adjusts these estimates in future periods, the Company may need to adjust its valuation allowance, which could materially impact the Company’s consolidated financial position and results of operations.
Tax contingencies can involve complex issues and may require an extended period of time to resolve. Changes in the level of annual pre-tax income can affect the Company’s overall effective tax rate. Significant management judgment is required in determining the Company’s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. Furthermore, the Company’s interpretation of complex tax laws may impact its recognition and measurement of current and deferred income taxes.
The loss during the quarter ended March 31, 2016 put the Company in an accumulated loss position for the cumulative 12 quarters then ended. The Company did not have sufficient positive evidence to overcome the recent losses and determined it was more likely than not the deferred tax assets would not be realized as of December 31, 2015. As a result, we created a net valuation reserve of $(5,306,000) to offset our entire balance of deferred tax assets of $11,702,000 less our $6,436,000 balance of deferred tax liabilities. This resulted in a net book tax expense of $(5,306,000) in 2015. The March 31, 2016 current income tax benefit is the result of a federal income tax refund.

Derivative liabilities
The Company, in accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing from Equity, convertible preferred shares are accounted for net, outside of shareholders' equity and warrants are accounted for as liabilities at their fair value during periods where they can be net cash settled in case of a change in control transaction. The warrants are accounted for as a liability at their fair value at each reporting period. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, a Dynamic Black Scholes model is utilized that computes the impact of a possible change in control transaction upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect.
XML 21 R9.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2016
Concentrations, Significant Customers, Commitments And Contingencies Disclosure [Abstract]  
CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES
CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES
 
At March 31, 2016 and 2015 and for each of the three months then ended, the Company’s revenues and receivables were comprised of the following customer concentrations:
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
% of
Revenues
 
% of
Receivables
 
% of
Revenues
 
% of
Receivables
Customer 1
15%
 
13%
 
2%
 
6%
Customer 2
12%
 
1%
 
14%
 
13%
Customer 3
11%
 
8%
 
7%
 
8%
Customer 4
11%
 
—%
 
—%
 
—%
Customer 5
1%
 
7%
 
26%
 
25%
Customer 6
—%
 
20%
 
—%
 
—%
 
At March 31, 2016 and 2015 and for each of the three months then ended, the Company's segment revenues were comprised of the following customer concentrations:

 
% of Revenue by Segment
 
% Revenue by Segment
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
100%
 
—%
 
—%
 
100%
 
—%
 
—%
Customer 2
100%
 
—%
 
—%
 
40%
 
60%
 
—%
Customer 3
—%
 
100%
 
—%
 
—%
 
100%
 
—%
Customer 4
100%
 
—%
 
—%
 
—%
 
—%
 
—%
Customer 5
100%
 
—%
 
—%
 
100%
 
—%
 
—%
Customer 6
—%
 
—%
 
100%
 
—%
 
—%
 
—%


The Company purchases goods and services from one company that represented 15% of total purchases for the three months ended March 31, 2016 and one company that represented 11% of total purchases for the three months ended March 31, 2015

The Company has had various debt facilities available for use, of which there was $14,551,271 and $26,954,092 outstanding as of March 31, 2016 and December 31, 2015, respectively. See Note 9 for further details.

In February 2013, Bank of America agreed to lease the Company equipment to enhance the TCEP operation, which went into effect in April 2013.  Under the current terms of the lease agreement, 25 monthly payments remain of approximately $13,328 each.

The Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing prices for petroleum-based products. Historically, the energy markets have been very volatile, and there can be no assurance that these prices will not be subject to wide fluctuations in the future. A substantial or extended decline in such prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, and access to capital and on the quantities of petroleum-based products that the Company can economically produce.

The Company, in its normal course of business, is involved in various other claims and legal action. In the opinion of management, the outcome of these claims and actions will not have a material adverse impact upon the financial position of the Company.

Litigation:
The Company, in its normal course of business, is involved in various other claims and legal action. In the opinion of management, the outcome of these claims and actions will not have a material adverse impact upon the financial position of the Company. We are currently party to the following material litigation proceedings:
Vertex Refining, NV, LLC ("Vertex Refining, NV"), the wholly-owned subsidiary of Vertex Operating, and the Company were named as defendants in a lawsuit filed on or about August 3, 2015, in the Tenth Judicial District Court in the State of Nevada, in and for the County of Churchill, case #15-10DC-0502, by Republic Bank N.A. alleging breach of contract and unjust enrichment with respect to the Asset Purchase Agreement dated May 2, 2014 between the defendants and Omega Refining, LLC, regarding the sale of refinery assets in Fallon, Nevada. This case has been settled and a stipulation for dismissal was filed on or about March 10, 2016.

Vertex Refining LA, LLC ("Vertex Refining LA"), the wholly-owned subsidiary of Vertex Operating, was named as a defendant, along with numerous other parties, in five lawsuits filed on or about February 12, 2016, in the Second Parish Court for the Parish of Jefferson, State of Louisiana, Case No. 121749, by Russell Doucet et. al., Case No. 121750, by Kendra Cannon et. al., Case No. 121751, by Lashawn Jones et. al., Case No. 121752, by Joan Strauss et. al. and Case No. 121753, by Donna Allen et. al. The suits relate to alleged noxious and harmful emissions from our facility located in Marrero, Louisiana. The suits seek damages for physical and emotional injuries, pain and suffering, medical expenses and deprivation of the use and enjoyment of plaintiffs’ homes. We intend to vigorously defend ourselves and oppose the relief sought in the complaints, provided that at this stage of the litigation, the Company has no basis for determining whether there is any likelihood of material loss associated with the claims and/or the potential and/or the outcome of the litigation.
XML 22 R10.htm IDEA: XBRL DOCUMENT v3.4.0.3
DISPOSITION
3 Months Ended
Mar. 31, 2016
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]  
DISPOSITION
DISPOSITION

On January 28, 2016, the Company entered into an Asset Purchase Agreement (the “Sale Agreement”) with Bango Oil, LLC (“Bango Oil”) and Safety-Kleen Systems Inc. (“Safety-Kleen”) pursuant to which the Company agreed to sell to Safety-Kleen the used oil re-refining plant on approximately 40 acres in Churchill County, Nevada (the “Bango Plant”), which we previously rented, and all equipment, tools and other tangible personal property located at the Bango Plant, which relate to or are used in connection with the operations of the Bango Plant (collectively, the “Bango Assets”) for an aggregate purchase price of $35 million. As shown in the table below, a gain on sale of approximately $9.7 million was recorded associated with the sale. The gain on sale is included in the accompanying consolidated statement of operations.

Sales price (fair value)
$
35,000,000

Release of lien on certain equipment at the Bango Plant
(3,100,000
)
Transaction Fees
(2,112,000
)
Net Proceeds
29,788,000

Book Value at January 29, 2016 (date transaction closed)
20,039,438

Gain on Sale
9,748,562


Net proceeds were used to pay an aggregate of $16.1 million toward the Credit Agreement with Goldman Sachs Bank (described in Note 9), $9.3 million to exercise the Purchase Option (described below) and $1.5 million for equipment and rail park lease acquisitions subsequently included in the Sale Agreement.

Additionally, at the closing, we placed $1.5 million in cash and $1 million worth of our common stock (1,108,928 shares) into escrow with 50% of the shares to be released to us 12 months following the closing and such cash and the remainder of the shares held in escrow to be released to us 18 months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $1 million, based on the then market price of our common stock, we are required to increase the number of shares of common stock held in escrow to total $1 million in aggregate value.

Finally, the Sale Agreement required the Company to use sale proceeds to exercise the purchase option set forth in that certain Lease With Option For Membership Interest Purchase (the “Bango Lease”) entered into on April 30, 2015, by and between us, Vertex Refining NV and Bango Oil, whereby, we had the option at any time during the term of the lease to purchase all of the equity interests of Bango Oil (the “Purchase Option”), effectively acquiring ownership of the Bango Plant for $9.3 million. The Membership Interest Purchase Agreement contains standard and customary representations of the parties and indemnification rights, subject in each case to a $3 million cap on aggregate indemnification. Upon the closing of the Membership Interest Purchase Agreement, we effectively obtained ownership of the Bango Plant, which we then sold to Safety-Kleen, and Bango Oil became a wholly- owned subsidiary of Vertex Refining NV.
ASSETS HELD FOR SALE

During 2015 the Company reclassified amounts due from Omega Holdings, LLC to the Company based on the portion of the acquisition purchase price that was allocated to the Bango facility (see Note 5 - Disposition). The Company sold the Bango facility in January 2016 so the following assets were re-classified as "Assets held for sale" at December 31, 2015. The balance of "Assets held for sale" at March 31, 2016 is zero.
    
Accounts Receivable
$
1,691,662

Note Receivable - Current
8,308,000

Fixed Assets - Construction in Process
1,170,581

  Total Assets held for sale at December 31, 2015
11,170,243

January 2016 sale of assets
(11,170,243
)
  Total Assets held for sale as of March 31, 2016
$

XML 23 R11.htm IDEA: XBRL DOCUMENT v3.4.0.3
ACCOUNTS RECEIVABLE
3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
ACCOUNTS RECEIVABLE
ACCOUNTS RECEIVABLE

Accounts receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Accounts receivable
$5,643,500
 
$8,280,749
Allowance for doubtful accounts
(1,965,344)
 
(1,965,335)
Accounts receivable, net
$3,678,156
 
$6,315,414


Accounts receivable represents amounts due from customers. Accounts receivable are recorded at invoiced amounts, net of reserves and allowances, and do not bear interest. The Company uses its best estimate to determine the required allowance for doubtful accounts based on a variety of factors, including the length of time receivables are past due, economic trends and conditions affecting its customer base, significant one-time events and historical write-off experience. Specific provisions are recorded for individual receivables when we become aware of a customer’s inability to meet its financial obligations. The Company reviews the adequacy of its reserves and allowances quarterly.

Receivable balances greater than 30 days past due are individually reviewed for collectability and if deemed uncollectible, are charged off against the allowance accounts after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any significant off balance sheet credit exposure related to its customers.
XML 24 R12.htm IDEA: XBRL DOCUMENT v3.4.0.3
NOTES RECEIVABLE
3 Months Ended
Mar. 31, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
NOTES RECEIVABLE
NOTES RECEIVABLE

Current portion of notes receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Notes receivable (collateralized by invoiced accounts receivable)
$

 
$
5,346,452

Allowance for doubtful accounts

 
(3,654,790
)
Notes receivable (collateralized by invoiced accounts receivable), net
$

 
$
1,691,662



The current notes receivable represents amounts due from Omega Holdings, LLC. Of the total notes receivable balance, $1,691,662 represents invoiced amounts that did not bear interest as of December 31, 2015.

The remaining portion of the term notes receivable balance of $8,308,000 at December 31, 2015 also represents amounts due from Omega Holdings, LLC. The $8,308,000 balance was based on the purchase price allocated to the Nevada facility ("Bango facility"). The note carried an interest rate of 9.5% per annum and was collateralized by assets at the Bango facility.
Both of the Omega Holdings, LLC notes receivable (with balances of $1,691,662 and $8,308,000) were re-classified as "Assets held for sale" on the Balance Sheet at December 31, 2015. The Company sold the Bango facility in January, 2016 at which time the note was satisfied in full.
XML 25 R13.htm IDEA: XBRL DOCUMENT v3.4.0.3
ASSETS HELD FOR SALE
3 Months Ended
Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
ASSETS HELD FOR SALE
DISPOSITION

On January 28, 2016, the Company entered into an Asset Purchase Agreement (the “Sale Agreement”) with Bango Oil, LLC (“Bango Oil”) and Safety-Kleen Systems Inc. (“Safety-Kleen”) pursuant to which the Company agreed to sell to Safety-Kleen the used oil re-refining plant on approximately 40 acres in Churchill County, Nevada (the “Bango Plant”), which we previously rented, and all equipment, tools and other tangible personal property located at the Bango Plant, which relate to or are used in connection with the operations of the Bango Plant (collectively, the “Bango Assets”) for an aggregate purchase price of $35 million. As shown in the table below, a gain on sale of approximately $9.7 million was recorded associated with the sale. The gain on sale is included in the accompanying consolidated statement of operations.

Sales price (fair value)
$
35,000,000

Release of lien on certain equipment at the Bango Plant
(3,100,000
)
Transaction Fees
(2,112,000
)
Net Proceeds
29,788,000

Book Value at January 29, 2016 (date transaction closed)
20,039,438

Gain on Sale
9,748,562


Net proceeds were used to pay an aggregate of $16.1 million toward the Credit Agreement with Goldman Sachs Bank (described in Note 9), $9.3 million to exercise the Purchase Option (described below) and $1.5 million for equipment and rail park lease acquisitions subsequently included in the Sale Agreement.

Additionally, at the closing, we placed $1.5 million in cash and $1 million worth of our common stock (1,108,928 shares) into escrow with 50% of the shares to be released to us 12 months following the closing and such cash and the remainder of the shares held in escrow to be released to us 18 months after the closing, in order to satisfy any indemnification claims made by Safety-Kleen pursuant to the terms of the Sale Agreement. On June 30 and December 31 of each year that any of our shares of common stock are in escrow, in the event the value of the shares held in escrow is less than $1 million, based on the then market price of our common stock, we are required to increase the number of shares of common stock held in escrow to total $1 million in aggregate value.

Finally, the Sale Agreement required the Company to use sale proceeds to exercise the purchase option set forth in that certain Lease With Option For Membership Interest Purchase (the “Bango Lease”) entered into on April 30, 2015, by and between us, Vertex Refining NV and Bango Oil, whereby, we had the option at any time during the term of the lease to purchase all of the equity interests of Bango Oil (the “Purchase Option”), effectively acquiring ownership of the Bango Plant for $9.3 million. The Membership Interest Purchase Agreement contains standard and customary representations of the parties and indemnification rights, subject in each case to a $3 million cap on aggregate indemnification. Upon the closing of the Membership Interest Purchase Agreement, we effectively obtained ownership of the Bango Plant, which we then sold to Safety-Kleen, and Bango Oil became a wholly- owned subsidiary of Vertex Refining NV.
ASSETS HELD FOR SALE

During 2015 the Company reclassified amounts due from Omega Holdings, LLC to the Company based on the portion of the acquisition purchase price that was allocated to the Bango facility (see Note 5 - Disposition). The Company sold the Bango facility in January 2016 so the following assets were re-classified as "Assets held for sale" at December 31, 2015. The balance of "Assets held for sale" at March 31, 2016 is zero.
    
Accounts Receivable
$
1,691,662

Note Receivable - Current
8,308,000

Fixed Assets - Construction in Process
1,170,581

  Total Assets held for sale at December 31, 2015
11,170,243

January 2016 sale of assets
(11,170,243
)
  Total Assets held for sale as of March 31, 2016
$

XML 26 R14.htm IDEA: XBRL DOCUMENT v3.4.0.3
LINE OF CREDIT AND LONG-TERM DEBT
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
LINE OF CREDIT AND LONG-TERM DEBT
LINE OF CREDIT AND LONG-TERM DEBT

In May, 2014, the Company entered into a Credit and Guaranty Agreement with Goldman Sachs Bank USA (as amended, the “Credit Agreement”). Pursuant to the agreement, Goldman Sachs Bank USA loaned the Company $40,000,000 in the form of a term loan. As set forth in the Credit Agreement, the Company has the option to select whether loans made under the Credit Agreement bear interest at (a) the greater of (i) the prime rate in effect, (ii) the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System plus ½ of 1%, (iii) the sum of (A) the Adjusted LIBOR Rate and (B) 1%, and (iv) 4.5% per annum; or (b) the greater of (i) 1.50% and (ii) the applicable ICE Benchmark Administration Limited interest rate, divided by (x) one minus, (y) the Adjusted LIBOR Rate. Interest on the Credit Agreement is payable monthly in arrears.

The Credit Agreement is secured by all of the assets of the Company.
On March 26, 2015, the Company entered into a Second Amendment with Goldman Sachs Bank USA to amend the Credit Agreement to among other things, provide for the waiver of the prior defaults and to restructure certain covenants and other financial requirements of the Credit Agreement and to allow for our entry into the MidCap Loan Agreement.
The Credit Agreement contains customary representations, warranties, and covenants for facilities of similar nature and size as the Credit Agreement. The Credit Agreement also includes various covenants binding the Company including limits on indebtedness the Company may incur and maintenance of certain financial ratios relating to consolidated EBITDA and debt leverage. As each credit facility contains cross-default provisions, the default under each lender credit agreement constitutes a default under the agreement with the other lender.
On January 29, 2016, we, Vertex Operating, certain of our other subsidiaries, Goldman Sachs Specialty Lending Holdings, Inc., as lender (“Lender”) and Goldman Sachs Bank USA, a New York State-Chartered Bank, as Administrative Agent, Lead Arranger and Collateral Agent (“Agent”) entered into an Amended and Restated Credit and Guaranty Agreement (the “Restated Credit Agreement”), which amended and restated the Credit Agreement. The Restated Credit Agreement changed the Credit Agreement to an $8.9 million multi-draw term loan credit facility (of which approximately $6.4 million was outstanding and $2.5 million was available to be drawn pursuant to the terms of the Restated Credit Agreement on substantially similar terms as the currently outstanding amounts owed to the Lender); modified the Credit Agreement to adjust certain EBITDA calculations in connection with the purchase of Bango Oil and the sale of the Bango Plant as described above; provided for approval for us to exercise the Purchase Option, enter into and effect the transactions contemplated by a Membership Interest Purchase Agreement, Subscription Agreement, and the Sale Agreement, and allowed for the issuance of the Fox Note (defined below) and the Mortgage (defined below) confirmed that we are required to make payments of $800,000 per quarter from June 30, 2016 through maturity (May 2, 2019); provided us a moratorium on the prepayment of amounts owed under the Restated Credit Agreement as a result of various financial ratios we are required to meet through December 31, 2016; provided for us to retain any business interruption insurance proceeds received in connection with the Bango Plant; provided for us to pay $16 million received at closing from the sale of the Bango Assets, all amounts released from escrow and any other cash proceeds in excess of $500,000 received from the Sale Agreement after closing to the Lender as prepayment of amounts due under the Restated Credit Agreement; allowed us the right to make certain permitted acquisitions moving forward, without further consent of the Lender, provided that among other requirements, such acquisitions are in the same business or line of business as the Company, that such acquired businesses have generated consolidated adjusted EBITDA for the four fiscal quarters preceding such acquisition in excess of capital expenditures for such period (taking into account adjustments acceptable to the Agent for synergies expected to be achieved within the 90 days following the closing of such acquisition), and that the funding for such acquisition comes from certain limited sources set forth in greater detail in the Restated Credit Agreement; adjusted certain fixed charge coverage ratios and leverage ratios we are required to meet on a quarterly basis from September 30, 2016 to maturity; required us to maintain at least $2 million of liquidity at all times; provided that events of default under the Credit Agreement include events of default under the Fox Note; and made various other updates and changes to take into account transactions which had occurred through the date of such agreement, and to remove expired and non-material terms of the prior Credit Agreement. The balance under the Credit Agreement was $6,400,000 at March 31, 2016 and principal payments in the amounts of $2,400,000, $3,200,000 and $800,000 are due in 2016, 2017 and 2018, respectively.
Effective March 27, 2015, the Company, Vertex Operating and all of the Company’s other subsidiaries other than E-Source Holdings, LLC ("E-Source") and Golden State Lubricant Works, LLC entered into a Loan and Security Agreement with MidCap Business Credit LLC (“MidCap” and the “MidCap Loan Agreement”). Pursuant to the MidCap Loan Agreement, MidCap agreed to loan us up to the lesser of (i) $7 million; and (ii) 85% of the amount of accounts receivable due to us which meet certain requirements set forth in the MidCap Loan Agreement (“Qualified Accounts”), plus the lesser of (y) $3 million and (z) 50% of the cost or market value, whichever is lower, of our raw material and finished goods which have not yet been sold, subject to the terms and conditions of the MidCap Loan Agreement (“Eligible Inventory”), minus any amount which MidCap may require from time to time in order to over secure amounts owed to MidCap under the MidCap Loan Agreement, as long as no event of default has occurred or is continuing under the terms of the MidCap Loan Agreement. The requirement of MidCap to make loans under the MidCap Loan Agreement is subject to certain standard conditions and requirements.

On November 9, 2015, we and certain of our subsidiaries entered into a First Amendment to Loan and Security Agreement (the “Midcap First Amendment”). The Midcap First Amendment amended the Midcap Loan Agreement to add Vertex Refining OH, LLC ("Vertex OH") as a party thereto; remove Vertex OH’s requirement to enter into a negative pledge agreement with MidCap; created separate maximum borrowing base credit limits for Vertex OH’s accounts and customers ($100,000 maximum per customer, subject to certain exceptions); excluded customers who are based outside of the U.S. or Canada from the credit limits if backed by a bank letter of credit or covered by a foreign receivables insurance policy; removed inventory of Vertex OH from the definition of Eligible Inventory under the Midcap Loan Agreement; and provided that additional affiliates of the Company may become party to the Midcap Loan Agreement by executing an assumption agreement and revolving note in favor of Midcap.

On January 29, 2016, Vertex OH, borrowed $5.15 million from Fox Encore 05 LLC, the prior owner of Bango Oil ("Fox Encore") and provided a Promissory Note to Fox Encore to reflect such borrowed funds (the “Fox Note”). The Fox Note bears interest at 10% percent per annum (15% upon the occurrence of an event of default), payable monthly in arrears beginning on February 29, 2016. The principal and all accrued and unpaid interest on the Fox Note is due on the earlier of (a) July 31, 2016 (as may be extended by Vertex OH as discussed below, the “Maturity Date”), or (b) upon acceleration of the Fox Note during the existence of an event of default as discussed therein. Provided that no event of default is then existing on the Fox Note or under any other loan document associated therewith, and certain other requirements as described in the Fox Note are met, Vertex OH has the right to three (3) extension options (each, an “Extension Option”) pursuant to which Vertex OH may extend the Maturity Date for six (6) months each. The first extension will extend the Maturity Date of the Fox Note until January 31, 2017, the second extension will extend the Maturity Date of the Fox Note until July 31, 2017, and the third extension will extend the Maturity Date of the Fox Note until January 29, 2018. Upon exercising an Extension Option, Vertex OH is required to pay Fox Encore an extension fee equal to 3% of the then outstanding principal amount of the Fox Note, which amount is separate from, and is not applied toward, the outstanding indebtedness owed under the Fox Note; provided, however, that if Vertex OH elects to exercise the Extension Option to extend the Maturity Date to January 31, 2017, the 3% fee for such extension is not to be paid in cash but is instead added to the outstanding principal balance of the Fox Note. The Fox Note may be prepaid in whole or in part at any time without penalty, provided that if repaid in full by July 31, 2016, the amount to be repaid is decreased by $150,000. The Fox Note is secured by the Mortgage described below. The Fox Note includes certain standard and customary financial reporting requirements, notice requirements, indemnification requirements, covenants and events of default. The Fox Note also includes a provision allowing the Lender (or any other lender party to the Restated Credit Agreement) to purchase the Fox Note upon the occurrence of an event of default under the Restated Credit Agreement.
On January 29, 2016, Vertex OH, entered into an Open-End Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents agreement (the “Mortgage”) with Fox Encore in order to secure the amount owed under the Fox Note discussed above. Pursuant to the Mortgage, Vertex OH granted Fox Encore a security interest in the Columbus, Ohio refinery owned by Vertex OH.
The Company has notes payable to Texas Citizens Bank bearing interest at 5.5% per annum, maturing on January 7, 2020.  The balance of the notes payable is $1,865,624 at March 31, 2016.

The Company financed insurance premiums through various financial institutions bearing interest rates from 4% to 4.52%. All such premium finance agreements have maturities of less than one year and have a balance of $515,762 at December 31, 2015 and a balance of $310,440 at March 31, 2016.

On May 2, 2014, in connection with the closing of the Omega Refining acquisition, the Company assumed two capital leases totaling $3,154,860. Payments made since 2014 have reduced the balance to $274,750 at March 31, 2016.

For the quarter ending March 31, 2016, we reported interest expense of approximately $1.9 million of which $0.5 million is interest expense on our currently outstanding debt and the remaining $1.3 million is a one-time write off of the Goldman Sachs deferred finance costs and one-time interest related expenses of $.1 million on the Fox Encore Note. The write off of these deferred finance costs was due to the accelerated $16 million payment made on the Goldman Sachs loan as noted above.

The Company's outstanding debt facilities as of March 31, 2016 are summarized as follows:

Creditor
Loan Type
 
Origination Date
 
Maturity Date
 
Loan Amount
 
Balance on March 31, 2016
MidCap Revolving Line of Credit
Revolving Note
 
March, 2015
 
March, 2017
 
$
7,000,000

 
$
550,457

Goldman Sachs USA
Term Loan - Restated Credit Agreement
 
January 29, 2016
 
May 2, 2019
 
8,900,000

 
6,400,000

Fox Encore Promissory Note
Promissory Note
 
January 29, 2016
 
July 31, 2016
 
5,150,000

 
5,150,000

Pacific Western Bank
Capital Lease
 
September, 2012
 
August, 2017
 
3,154,860

 
274,750

Texas Citizens Bank
Term Note
 
January, 2015
 
January, 2020
 
2,045,500

 
1,865,624

Various institutions
Insurance premiums financed
 
Various
 
< 1 year
 
1,789,481

 
310,440

Total
 
 
 
 
 
 
 
 
$
14,551,271

Deferred Finance Cost, Net
 
 
 
 
 
 
 
 
(384,121
)
Total, net of Deferred Finance Costs, Net
 
 
 
 
 
 
$
28,039,841

 
$
14,167,150



Future contractual maturities of notes payable are summarized as follows:

Creditor
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
MidCap Revolving Line of Credit
$
550,457

 
$

 
$

 
$

 
$

 
$

Goldman Sachs USA
2,400,000

 
3,200,000

 
800,000

 

 

 

Fox Encore Promissory Note
5,150,000

 

 

 

 

 

Pacific Western Bank
141,596

 
133,154

 

 

 

 

Texas Citizens Bank
334,118

 
468,225

 
495,013

 
523,333

 
44,935

 

Various institutions
310,440

 

 

 

 

 

Totals
$
8,886,611

 
$
3,801,379

 
$
1,295,013

 
$
523,333

 
$
44,935

 
$

XML 27 R15.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Basic earnings per share includes no dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the periods presented. The calculation of basic earnings per share for the three months ended March 31, 2016 includes the weighted average of common shares outstanding. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity, such as convertible preferred stock, stock options, warrants or convertible securities. Due to their anti-dilutive effect, the calculation of diluted earnings per share for the three months ended March 31, 2016 excludes: 1) options to purchase 2,607,552 shares of common stock, 2) warrants to purchase 4,252,135 shares of common stock, 3) Series B Preferred stock which is convertible into 8,283,234 shares of common stock and 4) Series A Preferred and Series C Preferred stock, also convertible to common stock.

The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three months ended March 31, 2016 and 2015

 
Three Months Ended March 31,
 
2016
 
2015
Basic Earnings per Share
 
 
 
Numerator:
 
 
 
Net (loss) income available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Denominator:
 
 
 
Weighted-average shares outstanding
29,304,722

 
28,118,396

Basic earnings per share
$
(0.07
)
 
$
(0.60
)
 
 
 
 
Diluted Earnings per Share
 
 
 
Numerator:
 
 
 
Net (loss) income available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Denominator:
 
 
 
Weighted-average shares outstanding
29,304,722

 
28,118,396

Effect of dilutive securities
 
 
 
Stock options and warrants

 

Preferred stock

 

Diluted weighted-average shares outstanding
29,304,722

 
28,118,396

Diluted earnings per share
$
(0.07
)
 
$
(0.60
)
XML 28 R16.htm IDEA: XBRL DOCUMENT v3.4.0.3
COMMON STOCK
3 Months Ended
Mar. 31, 2016
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]  
COMMON STOCK
COMMON STOCK

The total number of authorized shares of the Company’s common stock is 750,000,000 shares, $0.001 par value per share. As of March 31, 2016, there were 29,765,702 common shares issued and outstanding (which number does not include the 1,108,928 shares of common stock held in escrow in order to satisfy the indemnification obligations of certain prior acquisition and sale transactions undertaken by us).

Each share of the Company's common stock is entitled to equal dividends and distributions per share with respect to the common stock when, as and if declared by the Company's board of directors. No holders of any shares of the Company's common stock have a preemptive right to subscribe for any of the Company's securities, nor are any shares of the Company's common stock subject to redemption or convertible into other securities. Upon liquidation, dissolution or winding-up of the Company and after payment of creditors and preferred shareholders of the Company, if any, the assets of the Company will be divided pro rata on a share-for-share basis among the holders of the Company's common stock. Each share of the Company's common stock is entitled to one vote. Shares of the Company's common stock do not possess any cumulative voting rights.

Common stock activity during the three months ended March 31, 2016 was as follows:

On January 21, 2016, the Company issued 244,000 shares of common stock to pay the January 2016 rent due pursuant to the terms of our lease on our Fallon, Nevada plant.
On January 29, 2016, the Company issued 1,108,928 shares of common stock as part of the escrow fulfillment of the sale of the Vertex Refining Nevada assets to Safety-Kleen Systems, Inc. (the "Bango Sale").
On February 4, 2016, the Company issued 53,271 shares of common stock in connection with a former employee's cashless exercise of stock options to purchase 100,000 shares of common stock.
On February 5, 2016, the Company issued 120,227 shares of common stock in the conversion of an equal amount of Series A Preferred shares into common stock.
XML 29 R17.htm IDEA: XBRL DOCUMENT v3.4.0.3
PREFERRED STOCK AND DETACHABLE WARRANTS
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
PREFERRED STOCK AND DETACHABLE WARRANTS
PREFERRED STOCK AND DETACHABLE WARRANTS

The total number of authorized shares of the Company’s preferred stock is 50,000,000 shares, $0.001 par value per share. The total number of designated shares of the Company’s Series A Convertible Preferred Stock is 5,000,000 (“Series A Preferred”). The total number of designated shares of the Company’s Series B Preferred Stock is 10,000,000. The number of designated shares of the Company's Series C Preferred Stock is 44,000. As of March 31, 2016 and December 31, 2015, there were 492,716 shares and 612,943 shares of Series A Preferred Stock issued and outstanding, respectively. As of March 31, 2016 and December 31, 2015, there were 8,283,234 and 8,160,809 shares of Series B Preferred Stock issued and outstanding, respectively. As of March 31, 2016 and December 31, 2015 there were 44,000 and 0 shares of Series C Preferred Stock issued and outstanding, respectively.
Series A Preferred
Holders of outstanding shares of Series A Preferred are entitled to receive dividends, when, as, and if declared by our Board of Directors. No dividends or similar distributions may be made on shares of capital stock or securities junior to our Series A Preferred until dividends in the same amount per share on our Series A Preferred have been declared and paid. In connection with a liquidation, winding-up, dissolution or sale of the Company, each share of our Series A Preferred is entitled to receive $1.49 prior to similar liquidation payments due on shares of our common stock or any other class of securities junior to the Series A Preferred. Shares of Series A Preferred are not entitled to participate with the holders of our common stock with respect to the distribution of any remaining assets of the Company.
Each share of Series A Preferred is entitled to that number of votes equal to the number of whole shares of common stock into which it is convertible. Generally, holders of our common stock and Series A Preferred vote together as a single class.
Shares of Series A Preferred automatically convert into shares of our common stock on the earliest to occur of the following:
The affirmative vote or written consent of the holders of a majority of the then-outstanding shares of Series A Preferred;
If the closing market price of our common stock averages at least $15.00 per share over a period of 20 consecutive trading days and the daily trading volume averages at least 7,500 shares over such period;
If we consummate an underwritten public offering of our securities at a price per share not less than $10.00 and for a total gross offering amount of at least $10 million; or
If a sale of the Company occurs resulting in proceeds to the holders of Series A Preferred of a per share amount of at least $10.00.
Each share of Series A Preferred converts into one share of common stock, subject to adjustment.

Series B Preferred Stock and Temporary Equity
Dividends on our Series B Preferred Stock accrue at an annual rate of 6% of the original issue price of the preferred stock ($3.10 per share), subject to increase under certain circumstances, and are payable on a quarterly basis. The dividends are payable by the Company, at the Company’s election, in registered common stock of the Company (if available) or cash. In the event dividends are paid in registered common stock of the Company, the number of shares payable will be calculated by dividing (a) the accrued dividend by (b) 90% of the arithmetic average of the volume weighted average price (VWAP) of the Company’s common stock for the 10 trading days immediately prior to the applicable date of determination (the “Dividend Stock Payment Price”). Notwithstanding the foregoing, in no event may the Company pay dividends in common stock unless the applicable Dividend Stock Payment Price is above $2.91. If the Company is prohibited from paying the dividend in cash (due to contractual senior credit agreements or other restrictions) or is unable to pay the dividend in registered common stock, the dividend will be paid in kind in Series B Preferred Stock shares at $3.10 per share.
 
The Series B Preferred Stock include a liquidation preference (in the amount of $3.10 per share) which is junior to the Company’s previously outstanding shares of preferred stock, senior credit facilities and other debt holders as provided in further detail in the designation.

The Series B Preferred Stock (including accrued and unpaid dividends) is convertible into shares of the Company’s common stock at the holder’s option at $3.10 per share (initially a one-for-one basis). If the Company’s common stock trades at or above $6.20 per share for a period of 20 consecutive trading days, the Company may at such time force conversion of the Series B Preferred Stock (including accrued and unpaid dividends) into common stock of the Company.

The Series B Preferred Stock votes together with the common stock on an as-converted basis, provided that each holder’s voting rights are subject to and limited by the Series B Beneficial Ownership Limitation described below.

The Company has the option to redeem the outstanding shares of Series B Preferred Stock at $3.10 per share, plus any accrued and unpaid dividends on such Series B Preferred Stock redeemed, at any time beginning on June 24, 2017, and the Company is required to redeem the Series B Preferred Stock at $3.10 per share, plus any accrued and unpaid dividends, on June 24, 2020. Notwithstanding either of the foregoing, the Series B Preferred Stock may not be redeemed unless and until amounts outstanding under the Company’s senior credit facility have been paid in full.

The Series B Preferred Stock contains a provision prohibiting the conversion of such Series B Preferred Stock into common stock of the Company, if upon such conversion, the holder thereof would beneficially own more than 9.999% of the Company’s then outstanding common stock (the “Series B Beneficial Ownership Limitation”). The Series B Beneficial Ownership Limitation does not apply to forced conversions undertaken by the Company pursuant to the terms of the Designation (summarized above).

On June 24, 2015, we closed the transactions contemplated by the June 19, 2015 Unit Purchase Agreement (the “Purchase Agreement”) we entered into with certain institutional investors (the “Investors”), pursuant to which the Company sold the Investors an aggregate of 8,064,534 units (the “Units”), each consisting of (i) one share of Series B Preferred Stock and (ii) one warrant to purchase one-half of a share of common stock of the Company (each a “Warrant” and collectively, the “Warrants”). The Units were sold at a price of $3.10 per Unit (the “Unit Price”) (a 6.1% premium to the closing bid price of the Company’s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was $2.91 per share (the “Closing Bid Price”)). The Warrants have an exercise price of $2.92 per share ($0.01 above the Closing Bid Price). Total gross proceeds from the offering of the Units (the “Offering”) were $25.0 million.

The Placement Agent received a commission equal to 6.5% of the gross proceeds (less $4.0 million raised from certain investors in the Offering for which they received no fee) from the Offering, for an aggregate commission of $1.365 million which was netted against the proceeds.

We used the net proceeds from the Offering to repay amounts owed under the Credit Agreement in the amount of $15.1 million.
 
In addition, under the Purchase Agreement, the Company agreed to register the shares of common stock issuable upon conversion of the Series B Preferred Stock and upon exercise of the Warrants under the Securities Act of 1933, as amended, for resale by the Investors. The Company committed to file a registration statement on Form S-1 by the 30th day following the closing of the Offering (which filing date was met) and to cause the registration statement to become effective by the 90th day following the closing (or, in the event of a “full review” by the Securities and Exchange Commission, the 120th day following the closing), which registration statement was declared effective by the Securities and Exchange Commission on August 6, 2015. The Purchase Agreement provides for liquidated damages upon the occurrence of certain events, including, but not limited to, the failure by the Company to cause the registration statement to become effective by the deadlines set forth above. The amount of the liquidated damages is 1.0% of the aggregate subscription amount paid by an Investor for the Units affected by the event that are still held by the Investor upon the occurrence of the event, due on the date immediately following the event that caused such failure (or the 30th day following such event if the event relates to the suspension of the registration statement as described in the Purchase Agreement), and each 30 days thereafter, with such payments to be prorated on a daily basis during each 30 day period, subject to a maximum of an aggregate of 6% per annum.
 
Under the Purchase Agreement, the Company agreed to indemnify the Investors for liabilities arising out of or relating to (i) any untrue statement of a material fact contained in the registration statement, (ii) any inaccuracy in the representations and warranties of the Company contained in the Purchase Agreement or the failure of the Company to perform its obligations under the Purchase Agreement and (iii) any failure by the Company to fulfill any undertaking included in the registration statement, subject to certain exceptions. The Investors, severally, and not jointly agreed to indemnify the Company against (i) any failure by such Investor to comply with the covenants and agreements contained in the Purchase Agreement and (ii) any untrue statement of a material fact contained in the registration statement to the extent such untrue statement was made in reliance upon and in conformity with written information furnished by or on behalf of that Investor specifically for use in preparation of the registration statement, subject to certain exceptions.
The Company agreed pursuant to the Purchase Agreement, that until 60 days following effectiveness of the registration statement filed, to register the shares of common stock underlying the Series B Preferred Stock and Warrants (the “Lock-Up Period”), to not offer or sell any common stock or securities convertible or exercisable into common stock, except pursuant to certain exceptions described in the Purchase Agreement, and each of the Company’s officers and directors agreed to not sell or offer for sale any shares of common stock until the end of the Lock-Up Period, subject to certain exceptions.
The warrants were valued using the dynamic Black Scholes Merton formula pricing model that computes the impact of share dilution upon the exercise of the warrant shares at approximately $7,028,067. The Black-Scholes inputs used were: expected dividend rate of 0%, expected volatility of 70%-100%, risk free interest rate of 1.59%, and expected term of 5.5 years. This valuation resulted in a beneficial conversion feature on the convertible preferred stock of approximately $5,682,741. This amount will be accreted over the term as a deemed dividend. Fees in the amount of $1.4 million relating to the stock placement were netted against proceeds. The warrants are exercisable beginning on December 26, 2015, and expire December 24, 2020.
The following table represents the carrying amount of the Series B Preferred Stock, classified as Temporary Equity on the Balance Sheet, at inception and as of March 31, 2016 and December 31, 2015 :
Temporary Equity:
 
 
 
At Inception
June 24, 2015
 

Face amount of Series B Preferred
$
25,000,000

 
 
Less: warrant value
7,028,067

 
 
Less: beneficial conversion feature
5,737,796

 
 
Less: issuance costs and fees
1,442,462

 
 
Carrying amount at inception
$
10,791,675

 
 
 
 
 
 
 
March 31, 2016
 
December 31, 2015
Face amount of Series B Preferred
$
25,000,000

 
$
25,000,000

Less: unaccreted discount
(12,281,565
)
 
(13,044,793
)
Carrying amount at March 31, 2016
$
12,718,435

 
$
11,955,207



In accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing Liabilities from Equity as approved by shareholders, the convertible preferred shares are accounted for net outside of stockholders’ equity at $12,718,435 with the warrants accounted for as liabilities at their fair value of $3,534,924 as of March 31, 2016. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, the Company utilized a dynamic Black Scholes Merton formula that computes the impact of share dilution upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect. In the event the convertible preferred shares are redeemed, any redemption price in excess of the carrying amount of the convertible preferred stock would be treated as a dividend.
The changes in liabilities measured using significant unobservable inputs for the three months ended March 31, 2016 were as follows:
Level Three Roll-Forward
Item
 
Level 3
Balance at December 31, 2014
 
$

Warrants issued June 24, 2015
 
7,028,067

Change in valuation of warrants
 
(5,479,463
)
Balance at December 31, 2015
 
$
1,548,604

Change in valuation of warrants
 
1,986,320

Balance at March 31, 2016
 
$
3,534,924



The warrants related to the Series B Preferred Stock were revalued at March 31, 2016 and December 31, 2015 using the Dynamic Black Scholes model that computes the impact of a possible change in control transaction upon the exercise of the warrant shares at approximately $3,534,924. The dynamic Black-Scholes inputs used were: expected dividend rate of 0%, expected volatility of 70%-100%, risk free interest rate of 1.21%, and expected term of 4.16 years.
The Certificate of Designation contains customary anti-dilution protection for proportional adjustments (e.g. stock splits).
The beneficial conversion feature (BCF) relates to potential difference between the effective conversion price (measured based on proceeds allocated to the Series B Preferred Stock) and the fair value of the stock into which Preferred B Shares are currently convertible (common stock).
If a conversion option embedded in a debt host instrument does not require separate accounting as a derivative instrument under ASC 815, the convertible hybrid instrument must be evaluated under ASC 470-20 for the identification of a possible BCF.
The BCF will be initially recognized as an offsetting reduction to Series B Preferred Stock (debit) - Temporary Equity, with the credit being recognized in equity (additional paid-in capital).
The resulting debt issuance costs, debt discount, value allocated to warrants, and BCF should be accreted to the Series B Preferred Stock to ensure that the Series B Preferred Stock balance is equal to its face value as of the redemption or conversion date, if conversion is expected earlier.
The BCF was determined by calculating the intrinsic value of the conversion feature as follows:
Face amount of Series B Preferred Stock
$
25,000,000

Less: allocated value of Warrants
7,028,067

Allocated value of Series B Preferred Stock
$
17,971,933

Shares of Common stock to be converted
8,064,534

Effective conversion price
$
2.23

Market price
$
2.94

Intrinsic value per share
$
0.7115

Intrinsic value of beneficial conversion feature
$
5,682,741


For the quarters ending March 31, 2016 and December 31, 2015, respectively, a total of $ $373,706 and 376,571 of dividends were accrued on our outstanding Series B Preferred Stock (not including shares of Series B Preferred Stock converted into common stock in August 2015, as described above). We were prohibited from paying such dividends in shares of common stock because the applicable Dividend Stock Payment Price was below $2.91. The “Dividend Stock Payment Price” is calculated by dividing (a) the accrued dividends by (b) 90% of the arithmetic average of the volume weighted average price (VWAP) of the Company’s common stock for the 10 trading days immediately prior to the applicable date of determination. In the event the applicable Dividend Stock Payment Price is below $2.91 we are required to pay such dividend in cash or in-kind in additional shares of Series B Preferred Stock. Pursuant to the terms of our Credit Agreement, we are prohibited from paying the dividend in cash and therefore we paid the accrued dividends in-kind for the quarters ending March 31, 2016 and December 31, 2015, respectively, by way of the issuance of restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock totaling 124,258 and 122,425 in April 2016 and January 2016, respectively. If converted in full, the 124,258 and 122,425 shares of restricted Series B Preferred Stock would convert into 124,258 and 122,425, respectively, shares of our common stock.
Series C Convertible Preferred Stock

On January 29, 2016, we sold 44,000 shares of newly-designated Series C Preferred Stock (as described below) in consideration for $4 million.

The Series C Convertible Preferred Stock ("Series C Preferred Stock"), authorized on January 29, 2016, does not accrue a dividend, but has participation rights on an as-converted basis, to any dividends paid on the Company’s common stock (other than dividends paid solely in common stock). Each Series C Preferred Stock share has a $100 face value, and a liquidation preference (in the amount of $100 per share) which is junior to the Company’s previously outstanding shares of preferred stock, senior credit facilities and other debt holders as provided in further detail in the designation, but senior to the common stock.

The Series C Preferred Stock is convertible into shares of the Company’s common stock at the holder’s option at any time at $1.00 per share (initially a 100:1 basis (subject to adjustments for stock splits and recapitalizations)). The Series C Preferred Stock votes together with the common stock on an as-converted basis (the "Voting Rights"), provided that each holder’s voting rights are subject to and limited by the Series C Beneficial Ownership Limitation described below and provided further that notwithstanding any of the foregoing, solely for purposes of determining the Voting Rights, the Voting Rights accorded to such Series C Convertible Preferred Stock will be determined as if converted at $1.05 per share (the market value of the common stock as of the close of trading on the day prior to the original issuance date of the Series C Preferred Stock), and subject to equitable adjustment as discussed in the designation. There are no redemption rights associated with the Series C Preferred Stock.

The Series C Preferred Stock contains a provision prohibiting the conversion of the Series C Preferred Stock into common stock of the Company, if upon such conversion or exercise, as applicable, the holder thereof would beneficially own more than 4.999% of the Company’s then outstanding common stock (the “Series C Beneficial Ownership Limitation”). The Series C Beneficial Ownership Limitation may be increased up and down on a per holder basis, with 61 days prior written notice from any holder, provided the Series C Beneficial Ownership Limitation may never be higher than 9.999%.

So long as any shares of Series C Preferred Stock are outstanding, we are prohibited from undertaking any of the following without first obtaining the approval of the holders of a majority of the outstanding shares of Series C Preferred Stock: (a) increasing or decreasing (other than by redemption or conversion) the total number of authorized shares of Series C Preferred Stock; (b) re-issuing any shares of Series C Preferred Stock converted; (c) creating, or authorizing the creation of, or issuing or obligating the Company to issue shares of, any class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series C Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company, or increasing the authorized number of shares of any additional class or series of capital stock unless the same ranks junior to (and not pari passu with) the Series C Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company; (d) effecting an exchange, reclassification, or cancellation of all or a part of the Series C Preferred Stock (except pursuant to the terms of the designation); (e) effecting an exchange, or creating a right of exchange, of all or part of the shares of another class of shares into shares of Series C Preferred Stock (except pursuant to the terms of the designation); (f) issuing any additional shares of Series C Preferred Stock; (g) altering or changing the rights, preferences or privileges of the shares of Series C Preferred Stock so as to affect adversely the shares of such series; or (h) amending or waiving any provision of the Company’s Articles of Incorporation or Bylaws relative to the Series C Preferred Stock so as to affect adversely the shares of Series C Preferred Stock in any material respect as compared to holders of other series of shares.
XML 30 R18.htm IDEA: XBRL DOCUMENT v3.4.0.3
SEGMENT REPORTING
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
 
The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions. Segment information for the three months ended March 31, 2016 and 2015 is as follows:

THREE MONTHS ENDED MARCH 31, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
10,133,494

 
$
2,626,455

 
$
1,372,655

 
$
14,132,604

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(6,983,184
)
 
$
(276,304
)
 
$
(117,983
)
 
$
(7,377,471
)

THREE MONTHS ENDED MARCH 31, 2015
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
24,913,976

 
$
8,266,120

 
$
4,504,243

 
$
37,684,339

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(7,893,676
)
 
$
55,049

 
$
429,822

 
$
(7,408,805
)
XML 31 R19.htm IDEA: XBRL DOCUMENT v3.4.0.3
INCOME TAXES
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Income tax expense (benefit) attributable to income from continuing operations differed from the amounts computed by applying the U.S. federal income tax of 34% to pretax income from continuing operations as a result of the following for the estimated fiscal years 2016 and 2015
 
 
2016
 
2015
Statutory tax on book  income
 
$
(477,000
)
 
$
(5,852,000
)
Permanent differences
 
571,000

 
(3,428,000
)
Net operating loss utilization
 

 

Change in valuation allowance
 
(211,000
)
 
15,109,000

Other
 
(646
)
 
(523,000
)
Income tax expense (benefit)
 
$
(117,646
)
 
$
5,306,000

XML 32 R20.htm IDEA: XBRL DOCUMENT v3.4.0.3
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS

Issuance of Series B Preferred Stock Shares In-Kind

Pursuant to the terms of our Credit Agreement with our senior lender, we are prohibited from paying dividends in cash and therefore we paid the accrued dividends in-kind by way of the issuance of 124,258 restricted shares of Series B Preferred Stock pro rata to each of the then holders of our Series B Preferred Stock in April 2016. If converted in full, the 124,258 shares of restricted Series B Preferred Stock would convert into 124,258 shares of our common stock.

Amendment No. 1 to Amended and Restated Credit and Guaranty Agreement
On May 9, 2016, we entered into Amendment No. 1 to the Amended and Restated Credit Agreement (“Amendment No. 1”), which amended the Restated Credit Agreement. Pursuant to Amendment No. 1, we, Vertex Operating, substantially all of our other wholly-owned subsidiaries, the Lender and the Agent, agreed to amend the Restated Credit Agreement to (a) change the threshold constituting a change of control under the Restated Credit Agreement, from any time that Benjamin P. Cowart, our Chief Executive Officer, Chairman and largest stockholder, ceases to beneficially own and control at least 20% on a fully diluted basis of the economic and voting interests of our capital stock (“Fully-Diluted Capital Stock”), to any time that Mr. Cowart beneficially owns less than 10% of our Fully-Diluted Capital Stock; (b) extend the date that we are required to meet certain fixed charge coverage ratios from the quarter ending September 30, 2016, to the quarter ending March 31, 2017; (c) adjust the calculation of leverage ratio described in the Restated Credit Agreement; (d) allow for the Offering (described below) and the required payment of $800,000 to the Lender in connection with such Offering (representing the payment originally due June 30, 2016); (e) provide that the financial covenants relating to fixed charge ratios and leverage ratios would not be tested for the quarters ending September 30, 2016 and December 31, 2016, in the event we make the $800,000 payment to the Lender described below (f) amend the required timing for certain other post-closing events to occur under the terms of the Restated Credit Agreement; and (g) include a release whereby we (and substantially all of our wholly-owned subsidiaries) released the Investor and Agent for any claims which we had, or could have had, as of the date the parties entered into Amendment No. 1.

Unit Offering
On May 10, 2016, we entered into a Unit Purchase Agreement (the “Purchase Agreement”) with certain accredited investors (the “Investors”), pursuant to which the Company agreed to sell to the Investors an aggregate of approximately 12 million units (the “Units”), each consisting of (i) one share of to-be designated Series B1 Preferred Stock of the Company, $0.001 par value per share (the “Series B1 Preferred Stock”) and (ii) one warrant to purchase one-quarter of a share of common stock of the Company, $0.001 par value per share (each a “Warrant” and collectively, the “Warrants”). The Units were agreed to be sold at a price of $1.56 per Unit (the “Unit Price”) (a 2.6% premium to the closing bid price of the Company’s common stock on the NASDAQ Capital Market on the date the Purchase Agreement was entered into which was $1.52 per share (the “Closing Bid Price”)). The Warrants have an exercise price of $1.53 per share ($0.01 above the Closing Bid Price). Total gross proceeds from the offering of the Units (the “Offering”) will be approximately $19.3 million.

A total of approximately $18.6 million of the securities sold in the Offering came from investors who participated in the Company’s prior June 2015 offering of Series B Preferred Stock and warrants to purchase shares of common stock. 60% of the funds received from such investors will be used to immediately repurchase such investors’ Series B Preferred Stock. As a result, a total of approximately $11.2 million of the proceeds raised in the Offering will be used to immediately repurchase and retire approximately 3.6 million shares of Series B Preferred Stock and pay accrued interest on such repurchased shares through the closing date (the “Repurchases”), leaving net proceeds of approximately $8.1 million, before deducting placement agents’ fees and estimated offering expenses. Of these net proceeds, $800,000 will be used to pay amounts owed to the Lender, as discussed above and the remaining proceeds for working capital purposes and potential acquisitions.

Craig-Hallum Capital Group LLC (the “Placement Agent”) acted as exclusive placement agent in connection with the Offering. The Placement Agent will receive a commission equal to 6.5% of the net proceeds after affecting the Repurchases described above, from the Offering, for an aggregate commission of approximately $530,000.

The Company’s Chief Executive Officer and Chairman, Benjamin P. Cowart and the Company’s Chief Financial Officer and Secretary, Chris Carlson, each agreed to purchase 32,052 Units ($50,000 of Units) in the Offering and in connection with such purchases will be issued 32,052 shares of Series B1 Preferred Stock and Warrants to purchase 8,013 shares at the closing of the Offering.

The Purchase Agreement contains customary representations and warranties and covenants of the Company and is subject to customary closing conditions. The Company anticipates that the Offering will close on or about May 13, 2016, subject to the satisfaction or waiver of the closing conditions.
XML 33 R21.htm IDEA: XBRL DOCUMENT v3.4.0.3
SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Policies)
3 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Inventory
Inventory

Inventories of products consist of feedstocks and refined petroleum products and are reported at the lower of cost or market.   Cost is determined using the first-in, first-out (“FIFO”) method. The Company reviews its inventory commodities whenever events or circumstances indicate that the value may not be recoverable.
Impairment of long-lived assets
Impairment of long-lived assets
The Company evaluates the carrying value and recoverability of its long-lived assets when circumstances warrant such evaluation by applying the provisions of the Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") regarding long-lived assets. It requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets.  Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.
Fair value of financial instruments
Fair value of financial instruments
Under the FASB ASC, we are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Consistent with the Fair Value Measurement Topic of the FASB ASC, we implemented guidelines relating to the disclosure of our methodology for periodic measurement of our assets and liabilities recorded at fair market value.
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier fair value hierarchy prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include:
Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;
Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and
Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

Our Level 1 assets primarily include our cash and cash equivalents. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. The carrying amounts of accounts receivable, accounts payable and accrued liabilities approximate their fair values due to the immediate or short-term maturities of these financial instruments.
Income Taxes
Income Taxes

The Company accounts for income taxes in accordance with the FASB ASC Topic 740. The Company records a valuation allowance against net deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and when temporary differences become deductible. The Company considers, among other available information, uncertainties surrounding the recoverability of deferred tax assets, scheduled reversals of deferred tax liabilities, projected future taxable income, and other matters in making this assessment.
As part of the process of preparing its consolidated financial statements, the Company is required to estimate its income taxes in each of the jurisdictions in which it operates. This process requires the Company to estimate its actual current tax liability and to assess temporary differences resulting from differing book versus tax treatment of items, such as deferred revenue, compensation and benefits expense and depreciation. These temporary differences result in deferred tax assets and liabilities, which are included within the Company’s consolidated statements of financial condition. Significant management judgment is required in determining the Company’s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized and, when necessary, valuation allowances are established. The ultimate realization of the deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences become deductible. Management considers the level of historical taxable income, scheduled reversals of deferred taxes, projected future taxable income and tax planning strategies that can be implemented by the Company in making this assessment. If actual results differ from these estimates or the Company adjusts these estimates in future periods, the Company may need to adjust its valuation allowance, which could materially impact the Company’s consolidated financial position and results of operations.
Tax contingencies can involve complex issues and may require an extended period of time to resolve. Changes in the level of annual pre-tax income can affect the Company’s overall effective tax rate. Significant management judgment is required in determining the Company’s provision for income taxes, its deferred tax assets and liabilities and any valuation allowance recorded against its net deferred tax assets. Furthermore, the Company’s interpretation of complex tax laws may impact its recognition and measurement of current and deferred income taxes.
The loss during the quarter ended March 31, 2016 put the Company in an accumulated loss position for the cumulative 12 quarters then ended. The Company did not have sufficient positive evidence to overcome the recent losses and determined it was more likely than not the deferred tax assets would not be realized as of December 31, 2015.
Derivative liabilities
Derivative liabilities
The Company, in accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing from Equity, convertible preferred shares are accounted for net, outside of shareholders' equity and warrants are accounted for as liabilities at their fair value during periods where they can be net cash settled in case of a change in control transaction. The warrants are accounted for as a liability at their fair value at each reporting period. The value of the derivative warrant liability will be re-measured at each reporting period with changes in fair value recorded as earnings. To derive an estimate of the fair value of these warrants, a Dynamic Black Scholes model is utilized that computes the impact of a possible change in control transaction upon the exercise of the warrant shares. This process relies upon inputs such as shares outstanding, estimated stock prices, strike price and volatility assumptions to dynamically adjust the payoff of the warrants in the presence of the dilution effect.
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2016
Concentrations, Significant Customers, Commitments And Contingencies Disclosure [Abstract]  
Schedule of Concentrations
At March 31, 2016 and 2015 and for each of the three months then ended, the Company’s revenues and receivables were comprised of the following customer concentrations:
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
% of
Revenues
 
% of
Receivables
 
% of
Revenues
 
% of
Receivables
Customer 1
15%
 
13%
 
2%
 
6%
Customer 2
12%
 
1%
 
14%
 
13%
Customer 3
11%
 
8%
 
7%
 
8%
Customer 4
11%
 
—%
 
—%
 
—%
Customer 5
1%
 
7%
 
26%
 
25%
Customer 6
—%
 
20%
 
—%
 
—%
 
At March 31, 2016 and 2015 and for each of the three months then ended, the Company's segment revenues were comprised of the following customer concentrations:

 
% of Revenue by Segment
 
% Revenue by Segment
 
Three Months Ended
March 31, 2016
 
Three Months Ended
March 31, 2015
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
100%
 
—%
 
—%
 
100%
 
—%
 
—%
Customer 2
100%
 
—%
 
—%
 
40%
 
60%
 
—%
Customer 3
—%
 
100%
 
—%
 
—%
 
100%
 
—%
Customer 4
100%
 
—%
 
—%
 
—%
 
—%
 
—%
Customer 5
100%
 
—%
 
—%
 
100%
 
—%
 
—%
Customer 6
—%
 
—%
 
100%
 
—%
 
—%
 
—%
XML 35 R23.htm IDEA: XBRL DOCUMENT v3.4.0.3
DISPOSITION (Tables)
3 Months Ended
Mar. 31, 2016
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]  
Summary of Gain on Sale of Assets
As shown in the table below, a gain on sale of approximately $9.7 million was recorded associated with the sale. The gain on sale is included in the accompanying consolidated statement of operations.

Sales price (fair value)
$
35,000,000

Release of lien on certain equipment at the Bango Plant
(3,100,000
)
Transaction Fees
(2,112,000
)
Net Proceeds
29,788,000

Book Value at January 29, 2016 (date transaction closed)
20,039,438

Gain on Sale
9,748,562

XML 36 R24.htm IDEA: XBRL DOCUMENT v3.4.0.3
ACCOUNTS RECEIVABLE (Tables)
3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
Schedule of Accounts Receivable
Accounts receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Accounts receivable
$5,643,500
 
$8,280,749
Allowance for doubtful accounts
(1,965,344)
 
(1,965,335)
Accounts receivable, net
$3,678,156
 
$6,315,414
Current portion of notes receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Notes receivable (collateralized by invoiced accounts receivable)
$

 
$
5,346,452

Allowance for doubtful accounts

 
(3,654,790
)
Notes receivable (collateralized by invoiced accounts receivable), net
$

 
$
1,691,662

XML 37 R25.htm IDEA: XBRL DOCUMENT v3.4.0.3
NOTES RECEIVABLE (Tables)
3 Months Ended
Mar. 31, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of Notes Receivable
Accounts receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Accounts receivable
$5,643,500
 
$8,280,749
Allowance for doubtful accounts
(1,965,344)
 
(1,965,335)
Accounts receivable, net
$3,678,156
 
$6,315,414
Current portion of notes receivable, net, consists of the following at:

 
March 31, 2016
 
December 31, 2015
Notes receivable (collateralized by invoiced accounts receivable)
$

 
$
5,346,452

Allowance for doubtful accounts

 
(3,654,790
)
Notes receivable (collateralized by invoiced accounts receivable), net
$

 
$
1,691,662

XML 38 R26.htm IDEA: XBRL DOCUMENT v3.4.0.3
ASSETS HELD FOR SALE (Tables)
3 Months Ended
Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Summary Assets Held-for-sale
The Company sold the Bango facility in January 2016 so the following assets were re-classified as "Assets held for sale" at December 31, 2015. The balance of "Assets held for sale" at March 31, 2016 is zero.
    
Accounts Receivable
$
1,691,662

Note Receivable - Current
8,308,000

Fixed Assets - Construction in Process
1,170,581

  Total Assets held for sale at December 31, 2015
11,170,243

January 2016 sale of assets
(11,170,243
)
  Total Assets held for sale as of March 31, 2016
$

XML 39 R27.htm IDEA: XBRL DOCUMENT v3.4.0.3
LINE OF CREDIT AND LONG-TERM DEBT (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Schedule of outstanding debt facilities
The Company's outstanding debt facilities as of March 31, 2016 are summarized as follows:

Creditor
Loan Type
 
Origination Date
 
Maturity Date
 
Loan Amount
 
Balance on March 31, 2016
MidCap Revolving Line of Credit
Revolving Note
 
March, 2015
 
March, 2017
 
$
7,000,000

 
$
550,457

Goldman Sachs USA
Term Loan - Restated Credit Agreement
 
January 29, 2016
 
May 2, 2019
 
8,900,000

 
6,400,000

Fox Encore Promissory Note
Promissory Note
 
January 29, 2016
 
July 31, 2016
 
5,150,000

 
5,150,000

Pacific Western Bank
Capital Lease
 
September, 2012
 
August, 2017
 
3,154,860

 
274,750

Texas Citizens Bank
Term Note
 
January, 2015
 
January, 2020
 
2,045,500

 
1,865,624

Various institutions
Insurance premiums financed
 
Various
 
< 1 year
 
1,789,481

 
310,440

Total
 
 
 
 
 
 
 
 
$
14,551,271

Deferred Finance Cost, Net
 
 
 
 
 
 
 
 
(384,121
)
Total, net of Deferred Finance Costs, Net
 
 
 
 
 
 
$
28,039,841

 
$
14,167,150

Schedule of future maturities of notes payable
Future contractual maturities of notes payable are summarized as follows:

Creditor
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
MidCap Revolving Line of Credit
$
550,457

 
$

 
$

 
$

 
$

 
$

Goldman Sachs USA
2,400,000

 
3,200,000

 
800,000

 

 

 

Fox Encore Promissory Note
5,150,000

 

 

 

 

 

Pacific Western Bank
141,596

 
133,154

 

 

 

 

Texas Citizens Bank
334,118

 
468,225

 
495,013

 
523,333

 
44,935

 

Various institutions
310,440

 

 

 

 

 

Totals
$
8,886,611

 
$
3,801,379

 
$
1,295,013

 
$
523,333

 
$
44,935

 
$

XML 40 R28.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of reconciliation of basic and diluted earnings per share
The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three months ended March 31, 2016 and 2015

 
Three Months Ended March 31,
 
2016
 
2015
Basic Earnings per Share
 
 
 
Numerator:
 
 
 
Net (loss) income available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Denominator:
 
 
 
Weighted-average shares outstanding
29,304,722

 
28,118,396

Basic earnings per share
$
(0.07
)
 
$
(0.60
)
 
 
 
 
Diluted Earnings per Share
 
 
 
Numerator:
 
 
 
Net (loss) income available to common shareholders
$
(2,163,774
)
 
$
(16,966,455
)
Denominator:
 
 
 
Weighted-average shares outstanding
29,304,722

 
28,118,396

Effect of dilutive securities
 
 
 
Stock options and warrants

 

Preferred stock

 

Diluted weighted-average shares outstanding
29,304,722

 
28,118,396

Diluted earnings per share
$
(0.07
)
 
$
(0.60
)
XML 41 R29.htm IDEA: XBRL DOCUMENT v3.4.0.3
PREFERRED STOCK AND DETACHABLE WARRANTS (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Summary of Temporary Equity
The following table represents the carrying amount of the Series B Preferred Stock, classified as Temporary Equity on the Balance Sheet, at inception and as of March 31, 2016 and December 31, 2015 :
Temporary Equity:
 
 
 
At Inception
June 24, 2015
 

Face amount of Series B Preferred
$
25,000,000

 
 
Less: warrant value
7,028,067

 
 
Less: beneficial conversion feature
5,737,796

 
 
Less: issuance costs and fees
1,442,462

 
 
Carrying amount at inception
$
10,791,675

 
 
 
 
 
 
 
March 31, 2016
 
December 31, 2015
Face amount of Series B Preferred
$
25,000,000

 
$
25,000,000

Less: unaccreted discount
(12,281,565
)
 
(13,044,793
)
Carrying amount at March 31, 2016
$
12,718,435

 
$
11,955,207

The BCF was determined by calculating the intrinsic value of the conversion feature as follows:
Face amount of Series B Preferred Stock
$
25,000,000

Less: allocated value of Warrants
7,028,067

Allocated value of Series B Preferred Stock
$
17,971,933

Shares of Common stock to be converted
8,064,534

Effective conversion price
$
2.23

Market price
$
2.94

Intrinsic value per share
$
0.7115

Intrinsic value of beneficial conversion feature
$
5,682,741

Schedule of Liabilities with Unobservable Inputs
The changes in liabilities measured using significant unobservable inputs for the three months ended March 31, 2016 were as follows:
Level Three Roll-Forward
Item
 
Level 3
Balance at December 31, 2014
 
$

Warrants issued June 24, 2015
 
7,028,067

Change in valuation of warrants
 
(5,479,463
)
Balance at December 31, 2015
 
$
1,548,604

Change in valuation of warrants
 
1,986,320

Balance at March 31, 2016
 
$
3,534,924

XML 42 R30.htm IDEA: XBRL DOCUMENT v3.4.0.3
SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of the Company's reportable segment information
The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions. Segment information for the three months ended March 31, 2016 and 2015 is as follows:

THREE MONTHS ENDED MARCH 31, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
10,133,494

 
$
2,626,455

 
$
1,372,655

 
$
14,132,604

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(6,983,184
)
 
$
(276,304
)
 
$
(117,983
)
 
$
(7,377,471
)

THREE MONTHS ENDED MARCH 31, 2015
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
24,913,976

 
$
8,266,120

 
$
4,504,243

 
$
37,684,339

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(7,893,676
)
 
$
55,049

 
$
429,822

 
$
(7,408,805
)


XML 43 R31.htm IDEA: XBRL DOCUMENT v3.4.0.3
INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
Income tax expense (benefit) attributable to income from continuing operations differed from the amounts computed by applying the U.S. federal income tax of 34% to pretax income from continuing operations as a result of the following for the estimated fiscal years 2016 and 2015
 
 
2016
 
2015
Statutory tax on book  income
 
$
(477,000
)
 
$
(5,852,000
)
Permanent differences
 
571,000

 
(3,428,000
)
Net operating loss utilization
 

 

Change in valuation allowance
 
(211,000
)
 
15,109,000

Other
 
(646
)
 
(523,000
)
Income tax expense (benefit)
 
$
(117,646
)
 
$
5,306,000

XML 44 R32.htm IDEA: XBRL DOCUMENT v3.4.0.3
SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Accounting Policies [Abstract]      
Valuation allowance     $ 5,306,000
Deferred tax assets     11,702,000
Deferred tax liabilities     6,436,000
Deferred tax expense $ 0 $ 5,306,000 $ 5,306,000
XML 45 R33.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details Narrative)
1 Months Ended 3 Months Ended
Feb. 28, 2013
USD ($)
Payment
Mar. 31, 2016
USD ($)
company
Mar. 31, 2015
company
Feb. 12, 2016
lawsuit
Dec. 31, 2015
USD ($)
Revenue, Major Customer [Line Items]          
Debt facilities outstanding | $   $ 14,551,271     $ 26,954,092
Number of payments | Payment 25        
Monthly lease payments for equipment leased to the company | $ $ 13,328        
Purchases | Supplier concentration risk | Supplier 1          
Revenue, Major Customer [Line Items]          
Number of suppliers | company   1      
Concentration percentage   15.00%      
Purchases | Supplier concentration risk | Supplier 2          
Revenue, Major Customer [Line Items]          
Number of suppliers | company     1    
Concentration percentage     11.00%    
Vertex Refining LA, LLC          
Revenue, Major Customer [Line Items]          
Number of lawsuits named as defendant | lawsuit       5  
XML 46 R34.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details) - Customer concentration risk
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues | Customer 1    
Revenue, Major Customer [Line Items]    
Concentration percentage 15.00% 2.00%
Revenues | Customer 2    
Revenue, Major Customer [Line Items]    
Concentration percentage 12.00% 14.00%
Revenues | Customer 3    
Revenue, Major Customer [Line Items]    
Concentration percentage 11.00% 7.00%
Revenues | Customer 4    
Revenue, Major Customer [Line Items]    
Concentration percentage 11.00% 0.00%
Revenues | Customer 5    
Revenue, Major Customer [Line Items]    
Concentration percentage 1.00% 26.00%
Revenues | Customer 6    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Receivables | Customer 1    
Revenue, Major Customer [Line Items]    
Concentration percentage 13.00% 6.00%
Receivables | Customer 2    
Revenue, Major Customer [Line Items]    
Concentration percentage 1.00% 13.00%
Receivables | Customer 3    
Revenue, Major Customer [Line Items]    
Concentration percentage 8.00% 8.00%
Receivables | Customer 4    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Receivables | Customer 5    
Revenue, Major Customer [Line Items]    
Concentration percentage 7.00% 25.00%
Receivables | Customer 6    
Revenue, Major Customer [Line Items]    
Concentration percentage 20.00% 0.00%
Black Oil | Revenues | Customer 1    
Revenue, Major Customer [Line Items]    
Concentration percentage 100.00% 100.00%
Black Oil | Revenues | Customer 2    
Revenue, Major Customer [Line Items]    
Concentration percentage 100.00% 40.00%
Black Oil | Revenues | Customer 3    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Black Oil | Revenues | Customer 4    
Revenue, Major Customer [Line Items]    
Concentration percentage 100.00% 0.00%
Black Oil | Revenues | Customer 5    
Revenue, Major Customer [Line Items]    
Concentration percentage 100.00% 100.00%
Black Oil | Revenues | Customer 6    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Refining | Revenues | Customer 1    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Refining | Revenues | Customer 2    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 60.00%
Refining | Revenues | Customer 3    
Revenue, Major Customer [Line Items]    
Concentration percentage 100.00% 100.00%
Refining | Revenues | Customer 4    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Refining | Revenues | Customer 5    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Refining | Revenues | Customer 6    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Recovery | Revenues | Customer 1    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Recovery | Revenues | Customer 2    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Recovery | Revenues | Customer 3    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Recovery | Revenues | Customer 4    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Recovery | Revenues | Customer 5    
Revenue, Major Customer [Line Items]    
Concentration percentage 0.00% 0.00%
Recovery | Revenues | Customer 6    
Revenue, Major Customer [Line Items]    
Concentration percentage 100.00% 0.00%
XML 47 R35.htm IDEA: XBRL DOCUMENT v3.4.0.3
DISPOSITION (Details 1)
3 Months Ended
Jan. 29, 2016
USD ($)
shares
Jan. 28, 2016
USD ($)
a
shares
Mar. 31, 2016
USD ($)
shares
Mar. 31, 2015
USD ($)
Gain (Loss) on Sale of Asset Purchase Agreement [Abstract]        
Net Proceeds     $ 29,788,114 $ 4,500
Gain (loss) on sale of assets     $ 9,701,834 $ (70,478)
Secured debt        
Gain (Loss) on Sale of Asset Purchase Agreement [Abstract]        
Repayments of debt   $ 16,100,000    
Equipment Leases        
Gain (Loss) on Sale of Asset Purchase Agreement [Abstract]        
Payments to acquire leased equipment   1,500,000    
Bango Oil, LLC        
Gain (Loss) on Sale of Asset Purchase Agreement [Abstract]        
Payments to acquire businesses   9,300,000    
Aggregate indemnification cap   $ 3,000,000    
Bango Plant | Discontinued Operations, Disposed of by Sale        
Business Acquisition [Line Items]        
Area of land oil re-refining plan is location (acre) | a   40    
Gain (Loss) on Sale of Asset Purchase Agreement [Abstract]        
Aggregate purchase price   $ 35,000,000    
Release of lien on certain equipment at the Bango Plant   (3,100,000)    
Transaction fees   (2,112,000)    
Net Proceeds   29,788,000    
Book Value at January 29, 2016 (date transaction closed) $ 20,039,438      
Gain (loss) on sale of assets   9,748,562    
Cash placed in escrow   1,500,000    
Equity interest issued or issuable placed in escrow   $ 1,000,000    
Equity interest issued or issuable placed in escrow, shares | shares 1,108,928 1,108,928 1,108,928  
Percentage of equity interest issued or issuable to be released   50.00%    
Release of the remaining equity interest from escrow, period   18 months    
Equity interest issued or issuable required to be maintained in escrow   $ 1,000,000    
XML 48 R36.htm IDEA: XBRL DOCUMENT v3.4.0.3
ACCOUNTS RECEIVABLE (Details) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Accounts Receivable, Net, Current [Abstract]    
Accounts receivable $ 5,643,500 $ 8,280,749
Allowance for doubtful accounts (1,965,344) (1,965,335)
Accounts receivable, net $ 3,678,156 $ 6,315,414
XML 49 R37.htm IDEA: XBRL DOCUMENT v3.4.0.3
NOTES RECEIVABLE (Details) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Notes, Loans and Financing Receivable, Net, Current [Abstract]    
Notes receivable (collateralized by invoiced accounts receivable) $ 0 $ 5,346,452
Allowance for doubtful accounts 0 (3,654,790)
Notes receivable (collateralized by invoiced accounts receivable), net $ 0 $ 1,691,662
XML 50 R38.htm IDEA: XBRL DOCUMENT v3.4.0.3
NOTES RECEIVABLE (Details Narrative)
Dec. 31, 2015
USD ($)
Omega Holdings, LLC  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Notes receivable $ 8,308,000
Financing receivable, stated interest rate 9.50%
Held-for-sale  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Accounts Receivable $ 1,691,662
Note Receivable - Current $ 8,308,000
XML 51 R39.htm IDEA: XBRL DOCUMENT v3.4.0.3
ASSETS HELD FOR SALE (Details) - Held-for-sale - USD ($)
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Accounts Receivable   $ 1,691,662
Note Receivable - Current   8,308,000
Fixed Assets - Construction in Process   1,170,581
January 2016 sale of assets $ (11,170,243)  
Total Assets held for sale $ 0 $ 11,170,243
XML 52 R40.htm IDEA: XBRL DOCUMENT v3.4.0.3
LINE OF CREDIT AND LONG-TERM DEBT (Details Narrative)
1 Months Ended 3 Months Ended
Jan. 29, 2016
USD ($)
extension
Jan. 28, 2016
USD ($)
Mar. 27, 2015
USD ($)
May. 31, 2014
USD ($)
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Nov. 09, 2015
USD ($)
May. 02, 2014
USD ($)
lease
Line of Credit Facility [Line Items]                  
Term loan amount         $ 28,039,841        
Long-term debt         14,551,271        
Principal payments, 2016         8,886,611        
Principal payments, 2017         3,801,379        
Principal payments, 2018         1,295,013        
Outstanding debt balance         14,167,150        
Interest expense         1,915,492 $ 1,531,180      
Interest expense related to outstanding debt         $ 500,000        
Restated Credit Agreement, 2016                  
Line of Credit Facility [Line Items]                  
EBITDA measurement period 1 year                
Term loan                  
Line of Credit Facility [Line Items]                  
Repayments of debt   $ 16,100,000              
Term loan | 2014 Goldman Sachs Bank Credit Agreement                  
Line of Credit Facility [Line Items]                  
Term loan amount       $ 40,000,000          
Term loan | Restated Credit Agreement, 2016                  
Line of Credit Facility [Line Items]                  
Debit instrument, quarterly principal payment $ 800,000                
Repayments of debt 16,000,000                
Additional cash proceeds payable per agreement threshold $ 500,000                
Period for synergies to be achieved 90 days                
Minimum liquidity $ 2,000,000                
Term loan | Midcap First Amendment                  
Line of Credit Facility [Line Items]                  
Maximum borrowing base, per account/customer               $ 100,000  
Term loan | Texas Citizens Bank Loan                  
Line of Credit Facility [Line Items]                  
Effective interest rate         5.50%        
Omega Refining                  
Line of Credit Facility [Line Items]                  
Number of capital leases assumed | lease                 2
Capital lease amount assume as part of acquisition                 $ 3,154,860
Maximum | Term loan | 2014 Goldman Sachs Bank Credit Agreement                  
Line of Credit Facility [Line Items]                  
Debt instrument, stated rate       4.50%          
Maximum | Term loan | London Interbank Offered Rate (LIBOR | 2014 Goldman Sachs Bank Credit Agreement                  
Line of Credit Facility [Line Items]                  
Variable rate, basis spread       1.00%          
Maximum | Term loan | ICE Benchmark Administration Limited | 2014 Goldman Sachs Bank Credit Agreement                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate, numerator component       1.50%          
Maximum | Notes payable | Federal Funds Rate | 2014 Goldman Sachs Bank Credit Agreement                  
Line of Credit Facility [Line Items]                  
Variable rate, basis spread       0.50%          
Minimum | Term loan | MidCap Loan Agreement                  
Line of Credit Facility [Line Items]                  
Agreed upon amount of loan     $ 7,000,000            
Agreed upon amount of loan, percentage of account receivable     85.00%            
Additional agreed upon loan, amount     $ 3,000,000            
Goldman Sachs, USA                  
Line of Credit Facility [Line Items]                  
Principal payments, 2016         $ 2,400,000        
Principal payments, 2017         3,200,000        
Principal payments, 2018         800,000        
Goldman Sachs, USA | Term loan                  
Line of Credit Facility [Line Items]                  
Term loan amount         8,900,000        
Long-term debt         6,400,000        
Goldman Sachs, USA | Term loan | Restated Credit Agreement, 2016                  
Line of Credit Facility [Line Items]                  
Line of credit, maximum borrowing capacity 8,900,000                
Line of credit outstanding 6,400,000                
Remaining borrowing capacity 2,500,000                
Write off of deferred finance costs         1,300,000        
Texas Citizens Bank                  
Line of Credit Facility [Line Items]                  
Principal payments, 2016         334,118        
Principal payments, 2017         468,225        
Principal payments, 2018         495,013        
Texas Citizens Bank | Term loan                  
Line of Credit Facility [Line Items]                  
Term loan amount         2,045,500        
Long-term debt         1,865,624        
Various institutions                  
Line of Credit Facility [Line Items]                  
Principal payments, 2016         310,440        
Principal payments, 2017         0        
Principal payments, 2018         0        
Various institutions | Insurance premiums financed                  
Line of Credit Facility [Line Items]                  
Term loan amount         1,789,481        
Long-term debt         $ 310,440        
Outstanding debt balance             $ 515,762    
Interest rate, minimum         4.00%        
Interest rate, maximum         4.52%        
Pacific Western Bank                  
Line of Credit Facility [Line Items]                  
Principal payments, 2016         $ 141,596        
Principal payments, 2017         133,154        
Principal payments, 2018         0        
Pacific Western Bank | Capital Lease                  
Line of Credit Facility [Line Items]                  
Term loan amount         3,154,860        
Long-term debt         274,750        
Vertex Refining OH, LLC | Promissory note payable | Fox Note                  
Line of Credit Facility [Line Items]                  
Term loan amount $ 5,150,000.00                
Debt instrument, stated rate 10.00%                
Interest rate in the event of a default 15.00%                
Number of extension options (extension) | extension 3                
Length of extension options 6 months                
Extension fee percentage 3.00%                
Prepayment terms, decrease in amount to be repaid $ 150,000                
Write off of deferred finance costs         $ 100,000        
Raw Materials and Finished Goods | Minimum | Term loan | MidCap Loan Agreement                  
Line of Credit Facility [Line Items]                  
Additional agreed upon loan amount, percentage of inventory     50.00%            
XML 53 R41.htm IDEA: XBRL DOCUMENT v3.4.0.3
LINE OF CREDIT AND LONG-TERM DEBT (Details) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Line of Credit Facility [Line Items]    
Loan Amount $ 28,039,841  
Long-term Debt    
Long-term debt 14,551,271  
Deferred Finance Costs, Net (384,121)  
Total, net of Deferred Finance Costs, Net 14,167,150  
Revolving line of credit | MidCap Business Credit, LLC    
Line of Credit Facility [Line Items]    
Loan Amount 7,000,000  
Long-term Debt    
Long-term debt 550,457  
Secured debt | Goldman Sachs, USA    
Line of Credit Facility [Line Items]    
Loan Amount 8,900,000  
Long-term Debt    
Long-term debt 6,400,000  
Secured debt | Fox Encore    
Line of Credit Facility [Line Items]    
Loan Amount 5,150,000  
Long-term Debt    
Long-term debt 5,150,000  
Secured debt | Texas Citizens Bank    
Line of Credit Facility [Line Items]    
Loan Amount 2,045,500  
Long-term Debt    
Long-term debt 1,865,624  
Capital Lease | Pacific Western Bank    
Line of Credit Facility [Line Items]    
Loan Amount 3,154,860  
Long-term Debt    
Long-term debt 274,750  
Insurance premiums financed | Various institutions    
Line of Credit Facility [Line Items]    
Loan Amount 1,789,481  
Long-term Debt    
Long-term debt $ 310,440  
Total, net of Deferred Finance Costs, Net   $ 515,762
XML 54 R42.htm IDEA: XBRL DOCUMENT v3.4.0.3
LINE OF CREDIT AND LONG-TERM DEBT (Details 1)
Mar. 31, 2016
USD ($)
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 $ 8,886,611
2017 3,801,379
2018 1,295,013
2019 523,333
2020 44,935
Thereafter 0
MidCap Business Credit, LLC  
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 550,457
2017 0
2018 0
2019 0
2020 0
Thereafter 0
Goldman Sachs, USA  
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 2,400,000
2017 3,200,000
2018 800,000
2019 0
2020 0
Thereafter 0
Fox Encore  
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 5,150,000
2017 0
2018 0
2019 0
2020 0
Thereafter 0
Pacific Western Bank  
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 141,596
2017 133,154
2018 0
2019 0
2020 0
Thereafter 0
Texas Citizens Bank  
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 334,118
2017 468,225
2018 495,013
2019 523,333
2020 44,935
Thereafter 0
Various institutions  
Maturities of Long-term Debt and Capital Lease Obligations [Abstract]  
2016 310,440
2017 0
2018 0
2019 0
2020 0
Thereafter $ 0
XML 55 R43.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS PER SHARE (Details Narrative) - shares
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Options to purchase 2,607,552  
Warrants to purchase 4,252,135  
Series B Preferred Stock    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Temporary equity, shares outstanding 8,283,234 8,160,809
XML 56 R44.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS PER SHARE (Details) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Numerator:    
Net (loss) income available to common shareholders $ (2,163,774) $ (16,966,455)
Denominator:    
Weighted-average shares outstanding 29,304,722 28,118,396
Basic earnings per share (in USD per share) $ (0.07) $ (0.60)
Diluted Earnings per Share    
Net income available to common shareholders $ (2,163,774) $ (16,966,455)
Effect of dilutive securities    
Stock options and warrants (shares) 0 0
Preferred stock (shares) 0 0
Diluted weighted-average shares outstanding 29,304,722 28,118,396
Diluted earnings per share (in USD per share) $ (0.07) $ (0.60)
XML 57 R45.htm IDEA: XBRL DOCUMENT v3.4.0.3
COMMON STOCK (Details Narrative)
3 Months Ended
Feb. 05, 2016
shares
Feb. 04, 2016
shares
Jan. 29, 2016
shares
Jan. 28, 2016
shares
Jan. 21, 2016
shares
Mar. 31, 2016
vote / shares
$ / shares
shares
Dec. 31, 2015
$ / shares
shares
Conversion of Stock [Line Items]              
Common stock, shares authorized           750,000,000 750,000,000
Common stock, par value (in USD per share) | $ / shares           $ 0.001 $ 0.001
Common stock, shares issued           29,765,702 28,239,276
Common stock, shares outstanding           29,765,702 28,239,276
Number of votes entitled to each common stock share | vote / shares           1  
Monthly rent payment, shares issued         244,000    
Shares issued as result of the exercise of stock options   100,000          
Common stock              
Conversion of Stock [Line Items]              
Shares issued as result of the exercise of stock options   53,271          
Shares issued as result of share conversion 120,227            
Bango Plant | Discontinued Operations, Disposed of by Sale              
Conversion of Stock [Line Items]              
Equity interest issued or issuable placed in escrow, shares     1,108,928 1,108,928   1,108,928  
XML 58 R46.htm IDEA: XBRL DOCUMENT v3.4.0.3
PREFERRED STOCK AND DETACHABLE WARRANTS (Details Narrative)
3 Months Ended 12 Months Ended
Jan. 29, 2016
$ / shares
shares
Jun. 24, 2015
USD ($)
unit
warrant
$ / shares
$ / unit
shares
Mar. 31, 2016
USD ($)
trading_days
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Jun. 19, 2015
shares
Class of Stock [Line Items]          
Preferred stock, shares authorized | shares     50,000,000 50,000,000  
Preferred stock, par value (in USD per share)     $ 0.001    
Unit Offering [Abstract]          
Number of units sold as part of Unit Purchase Agreement | unit   8,064,534      
Unit Purchase Agreement, number of shares for each unit | shares   1      
Unit Purchase Agreement, number of warrants for each unit | warrant   1      
Unit Purchase Agreement, price per unit (in USD per unit) | $ / unit   3.10      
Unit Purchase Agreement, exercise price premium over closing stock price, percentage   6.10%      
Closing stock price (in USD per share)   $ 2.91      
Gross proceeds from unit offering | $   $ 25,000,000      
Commission percentage of gross proceeds   6.50%      
Amount raised from certain investors with no fee | $   $ 4,000,000      
Commissions payment | $   1,365,000      
Net proceeds from unit offering | $   $ 15,100,000      
Unit Purchase Agreement, liquidated damages to aggregate subscription amount, percentage   1.00%      
Unit Purchase Agreement, maximum percentage of liquidated damages to aggregate subscription amount   6.00%      
Warrants issued, Black Scholes model, value | $   $ 7,028,067 $ 3,534,924 $ 3,534,924  
Convertible preferred stock, beneficial conversion feature | $   5,682,741      
Private placement fees | $   $ 1,400,000      
Carrying amount of preferred shares | $     12,718,435 11,955,207  
Derivative liability, warrants | $     $ 3,534,924 $ 1,548,604  
Series A Preferred Stock          
Class of Stock [Line Items]          
Preferred stock, shares authorized | shares     5,000,000 5,000,000  
Preferred stock, par value (in USD per share)     $ 0.001 $ 0.001  
Preferred stock, shares issued | shares     492,716 612,943  
Preferred stock, shares outstanding | shares     492,716 612,943  
Amount each share of preferred stock is entitled to receive prior to similar liquidation payments (in USD per share)     $ 1.49    
Conversion terms, threshold consecutive trading days     20 days    
Conversion conditions, minimum gross public offering amount | $     $ 10,000,000    
Conversion conditions, minimum proceeds to shareholders if the Company is sold (in USD per share)     $ 10.00    
Number of common shares issued for each convertible share | shares     1    
Series B Preferred Stock          
Class of Stock [Line Items]          
Preferred stock, shares authorized | shares     10,000,000    
Preferred stock, shares issued | shares     8,283,234 8,160,809  
Preferred stock, shares outstanding | shares     8,283,234 8,160,809  
Number of common shares issued for each convertible share | shares     1    
Preferred stock, dividend percentage     6.00%    
Dividends per share (in USD per share)     $ 3.10    
Average of the volume weighted average price of common stock, percentage     90.00%    
Number of trading days used to calculate VWAP | trading_days     10    
Minimum dividend payment price (in USD per share)     $ 2.91    
Dividends payable, paid-in-kind (in USD per share)     3.10    
Liquidation preference per share (in USD per share)     3.10    
Conversion terms, threshold closing price (in USD per share)     3.10    
Conversion terms, closing price to force conversion (in USD per share)     $ 6.20    
Conversion terms, threshold consecutive trading days     20 days    
Redemption price per share (in USD per share)     $ 3.10    
Conversion terms, Beneficial Ownership Limitation (percentage)     9.999%    
Unit Offering [Abstract]          
Closing stock price (in USD per share)   $ 2.94      
Convertible preferred stock, beneficial conversion feature | $   $ 5,737,796      
Carrying amount of preferred shares | $   $ 10,791,675 $ 12,718,435 $ 11,955,207  
Series C Preferred Stock          
Class of Stock [Line Items]          
Preferred stock, shares authorized | shares     44,000    
Preferred stock, par value (in USD per share) $ 100   $ 0.001 $ 0.001  
Preferred stock, shares issued | shares 44,000   44,000 0  
Preferred stock, shares outstanding | shares     44,000 0  
Number of common shares issued for each convertible share | shares 100        
Liquidation preference per share (in USD per share) $ 100        
Conversion terms, Beneficial Ownership Limitation (percentage) 4.999%        
Convertible Preferred Stock          
Unit Offering [Abstract]          
Carrying amount of preferred shares | $     $ 12,718,435    
Warrants          
Unit Offering [Abstract]          
Number of securities called by each warrant (shares) | shares   0.5     0.5
Exercise price of warrants (in USD per share)   $ 2.92      
Amount over closing price of warrant exercise price (in USD per share)   $ 0.01      
Minimum | Series A Preferred Stock          
Class of Stock [Line Items]          
Conversion conditions, average common share market price (minimum) (in USD per share)     $ 15.00    
Conversion conditions, average daily trading volume (minimum) | shares     7,500    
Conversion conditions, price per share if Company consummates an underwritten public offering (minimum) (in USD per share)     $ 10.00    
Maximum | Series C Preferred Stock          
Class of Stock [Line Items]          
Conversion terms, Beneficial Ownership Limitation (percentage) 9.999%        
Liability          
Unit Offering [Abstract]          
Expected dividend rate percentage   0.00%      
Risk free interest rate percentage   1.59%      
Expected term (years)   5 years 6 months      
Liability | Series B Preferred Stock          
Unit Offering [Abstract]          
Expected dividend rate percentage     0.00% 0.00%  
Risk free interest rate percentage     1.21% 1.21%  
Expected term (years)     4 years 1 month 28 days 4 years 1 month 28 days  
Liability | Minimum          
Unit Offering [Abstract]          
Expected volatility rate percentage   70.00%      
Liability | Minimum | Series B Preferred Stock          
Unit Offering [Abstract]          
Expected volatility rate percentage     70.00% 70.00%  
Liability | Maximum          
Unit Offering [Abstract]          
Expected volatility rate percentage   100.00%      
Liability | Maximum | Series B Preferred Stock          
Unit Offering [Abstract]          
Expected volatility rate percentage     100.00% 100.00%  
XML 59 R47.htm IDEA: XBRL DOCUMENT v3.4.0.3
PREFERRED STOCK AND DETACHABLE WARRANTS (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Jun. 24, 2015
Temporary Equity [Line Items]      
Less: beneficial conversion feature     $ 5,682,741
Carrying amount of preferred shares $ 12,718,435 $ 11,955,207  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at beginning of period 1,548,604 0  
Warrants issued June 24, 2015   7,028,067  
Change in valuation of warrants 1,986,320 (5,479,463)  
Balance at end of period 3,534,924 1,548,604  
Series B Preferred Stock      
Temporary Equity [Line Items]      
Face amount of Series B Preferred 25,000,000 25,000,000 25,000,000
Less: warrant value     7,028,067
Less: beneficial conversion feature     5,737,796
Less: issuance costs and fees     1,442,462
Less: unaccreted discount (12,281,565) (13,044,793)  
Carrying amount of preferred shares $ 12,718,435 $ 11,955,207 $ 10,791,675
XML 60 R48.htm IDEA: XBRL DOCUMENT v3.4.0.3
PREFERRED STOCK AND DETACHABLE WARRANTS (Details 2) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Jun. 24, 2015
Temporary Equity [Line Items]      
Market price (in USD per share)     $ 2.91
Series B Preferred Stock      
Temporary Equity [Line Items]      
Face amount of Series B Preferred Stock $ 25,000,000 $ 25,000,000 $ 25,000,000
Less: allocated value of Warrants     7,028,067
Allocated value of Series B Preferred Stock     $ 17,971,933
Shares of Common stock to be converted     8,064,534
Effective conversion price (in USD per share)     $ 2.23
Market price (in USD per share)     2.94
Intrinsic value per share (in USD per share)     $ 0.7115
Intrinsic value of beneficial conversion feature     $ 5,682,741
XML 61 R49.htm IDEA: XBRL DOCUMENT v3.4.0.3
PREFERRED STOCK AND DETACHABLE WARRANTS (Details 3)
1 Months Ended 3 Months Ended
Jan. 29, 2016
USD ($)
$ / shares
shares
Apr. 30, 2016
shares
Jan. 31, 2016
shares
Mar. 31, 2016
USD ($)
trading_days
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Mar. 31, 2015
USD ($)
Temporary Equity [Line Items]            
Series B Preferred dividends accrued | $       $ 373,706   $ 0
Preferred stock, par value (in USD per share) | $ / shares       $ 0.001    
Series B Preferred Stock            
Temporary Equity [Line Items]            
Series B Preferred dividends accrued | $       $ 373,706 $ 376,571  
Minimum dividend payment price (in USD per share) | $ / shares       $ 2.91    
Average of the volume weighted average price of common stock, percentage       90.00%    
Number of trading days used to calculate VWAP | trading_days       10    
Preferred stock, shares issued       8,283,234 8,160,809  
Liquidation preference per share (in USD per share) | $ / shares       $ 3.10    
Number of common shares issued for each convertible share       1    
Conversion terms, Beneficial Ownership Limitation (percentage)       9.999%    
Series C Preferred Stock            
Temporary Equity [Line Items]            
Preferred stock, shares issued 44,000     44,000 0  
Proceeds from issuance of preferred stock | $ $ 4,000,000          
Preferred stock, par value (in USD per share) | $ / shares $ 100     $ 0.001 $ 0.001  
Liquidation preference per share (in USD per share) | $ / shares 100          
Conversion terms, price per share (in USD per share) | $ / shares $ 1.00          
Number of common shares issued for each convertible share 100          
Voting rights, as if converted share price (in USD per share) | $ / shares $ 1.05          
Conversion terms, Beneficial Ownership Limitation (percentage) 4.999%          
Beneficial ownership limitation, notice period 61 days          
Restricted shares | Series B Preferred Stock            
Temporary Equity [Line Items]            
Preferred stock dividend issued, shares     122,425      
Common stock            
Temporary Equity [Line Items]            
New shares as a result of stock conversion, if converted     122,425      
Maximum | Series C Preferred Stock            
Temporary Equity [Line Items]            
Conversion terms, Beneficial Ownership Limitation (percentage) 9.999%          
Subsequent event | Restricted shares | Series B Preferred Stock            
Temporary Equity [Line Items]            
Preferred stock dividend issued, shares   124,258        
Subsequent event | Common stock            
Temporary Equity [Line Items]            
New shares as a result of stock conversion, if converted   124,258        
XML 62 R50.htm IDEA: XBRL DOCUMENT v3.4.0.3
SEGMENT REPORTING (Details) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Segment Reporting Information [Line Items]    
Revenues $ 14,132,604 $ 37,684,339
Income (loss) from operations (7,377,471) (7,408,805)
Operating segments | Black Oil    
Segment Reporting Information [Line Items]    
Revenues 10,133,494 24,913,976
Income (loss) from operations (6,983,184) (7,893,676)
Operating segments | Refining & Marketing    
Segment Reporting Information [Line Items]    
Revenues 2,626,455 8,266,120
Income (loss) from operations (276,304) 55,049
Operating segments | Recovery    
Segment Reporting Information [Line Items]    
Revenues 1,372,655 4,504,243
Income (loss) from operations $ (117,983) $ 429,822
XML 63 R51.htm IDEA: XBRL DOCUMENT v3.4.0.3
INCOME TAXES - Narrative (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Income Tax Disclosure [Abstract]    
U.S. federal income tax rate 34.00% 34.00%
XML 64 R52.htm IDEA: XBRL DOCUMENT v3.4.0.3
INCOME TAXES (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Income Tax Disclosure [Abstract]      
Statutory tax on book income $ (477,000)   $ (5,852,000)
Permanent differences 571,000   (3,428,000)
Net operating loss utilization 0   0
Change in valuation allowance (211,000)   15,109,000
Other (646)   (523,000)
Income tax expense (benefit) $ (117,646) $ 5,306,000 $ 5,306,000
XML 65 R53.htm IDEA: XBRL DOCUMENT v3.4.0.3
SUBSEQUENT EVENTS (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 8 Months Ended
May. 10, 2016
USD ($)
unit
warrant
$ / shares
$ / unit
shares
Jan. 29, 2016
Jan. 28, 2016
USD ($)
Jun. 24, 2015
USD ($)
unit
warrant
$ / shares
$ / unit
shares
Apr. 30, 2016
shares
Jan. 31, 2016
shares
Dec. 31, 2016
USD ($)
shares
Dec. 31, 2016
USD ($)
shares
Mar. 31, 2016
$ / shares
shares
Dec. 31, 2015
$ / shares
shares
Jun. 19, 2015
shares
Subsequent Event [Line Items]                      
Number of units sold as part of Unit Purchase Agreement | unit       8,064,534              
Unit Purchase Agreement, number of shares for each unit       1              
Preferred stock, par value (in USD per share) | $ / shares                 $ 0.001    
Common stock, par value (in USD per share) | $ / shares                 $ 0.001 $ 0.001  
Unit Purchase Agreement, number of warrants for each unit | warrant       1              
Unit Purchase Agreement, price per unit (in USD per unit) | $ / unit       3.10              
Unit Purchase Agreement, exercise price premium over closing stock price, percentage       6.10%              
Closing stock price (in USD per share) | $ / shares       $ 2.91              
Gross proceeds from unit offering | $       $ 25,000              
Net proceeds from unit offering | $       $ 15,100              
Commission percentage of gross proceeds       6.50%              
Commissions payment | $       $ 1,365              
Series B Preferred Stock                      
Subsequent Event [Line Items]                      
Closing stock price (in USD per share) | $ / shares       $ 2.94              
Number of shares to be issued                 8,283,234 8,160,809  
Restricted shares | Series B Preferred Stock                      
Subsequent Event [Line Items]                      
Preferred stock dividend issued, shares           122,425          
Common stock                      
Subsequent Event [Line Items]                      
New shares as a result of stock conversion, if converted           122,425          
Subsequent event                      
Subsequent Event [Line Items]                      
Number of units sold as part of Unit Purchase Agreement | unit 12,000,000                    
Common stock, par value (in USD per share) | $ / shares $ 0.001                    
Unit Purchase Agreement, number of warrants for each unit | warrant 1                    
Unit Purchase Agreement, price per unit (in USD per unit) | $ / unit 1.56                    
Unit Purchase Agreement, exercise price premium over closing stock price, percentage 2.60%                    
Closing stock price (in USD per share) | $ / shares $ 1.52                    
Commission percentage of gross proceeds 6.50%                    
Commissions payment | $ $ 530                    
Subsequent event | Series B1 Preferred Stock                      
Subsequent Event [Line Items]                      
Unit Purchase Agreement, number of shares for each unit 1                    
Preferred stock, par value (in USD per share) | $ / shares $ 0.001                    
Subsequent event | Restricted shares | Series B Preferred Stock                      
Subsequent Event [Line Items]                      
Preferred stock dividend issued, shares         124,258            
Subsequent event | Common stock                      
Subsequent Event [Line Items]                      
New shares as a result of stock conversion, if converted         124,258            
Warrants                      
Subsequent Event [Line Items]                      
Number of securities called by each warrant (shares)       0.5             0.5
Exercise price of warrants (in USD per share) | $ / shares       $ 2.92              
Amount over closing price of warrant exercise price (in USD per share) | $ / shares       $ 0.01              
Warrants | Subsequent event                      
Subsequent Event [Line Items]                      
Number of securities called by each warrant (shares) 0.25                    
Exercise price of warrants (in USD per share) | $ / shares $ 1.53                    
Amount over closing price of warrant exercise price (in USD per share) | $ / shares $ 0.01                    
Chief Executive Officer | Subsequent event                      
Subsequent Event [Line Items]                      
Number of units agreed to be purchased by individual | unit 32,052                    
Number of units agreed to be purchased by individual, value | $ $ 50                    
Chief Financial Officer | Subsequent event                      
Subsequent Event [Line Items]                      
Number of units agreed to be purchased by individual | unit 32,052                    
Number of units agreed to be purchased by individual, value | $ $ 50                    
Secured debt                      
Subsequent Event [Line Items]                      
Threshold ownership by largest stockholder   20.00%                  
Repayments of debt | $     $ 16,100                
Secured debt | Amendment No. 1 to Amended Credit Agreement | Subsequent event                      
Subsequent Event [Line Items]                      
Threshold ownership by largest stockholder               10.00%      
Forecast | Subsequent event                      
Subsequent Event [Line Items]                      
Gross proceeds from unit offering | $             $ 19,300        
Net proceeds from unit offering | $             $ 8,100        
Forecast | Subsequent event | Series B Preferred Stock                      
Subsequent Event [Line Items]                      
Percentage of funds used to repurchase stock             60.00%        
Payments for repurchase of preferred stock | $             $ 11,200        
Stock repurchased and retired (shares)             3,600,000        
Forecast | Chief Executive Officer | Subsequent event | Series B1 Preferred Stock                      
Subsequent Event [Line Items]                      
Number of shares to be issued             32,052 32,052      
Forecast | Chief Executive Officer | Warrants | Subsequent event                      
Subsequent Event [Line Items]                      
Number of securities called by warrants (shares) 8,013                    
Forecast | Chief Financial Officer | Subsequent event | Series B1 Preferred Stock                      
Subsequent Event [Line Items]                      
Number of shares to be issued 32,052                    
Forecast | Chief Financial Officer | Warrants | Subsequent event                      
Subsequent Event [Line Items]                      
Number of securities called by warrants (shares) 8,013                    
Forecast | Secured debt | Amendment No. 1 to Amended Credit Agreement | Subsequent event                      
Subsequent Event [Line Items]                      
Repayments of debt | $             $ 800 $ 800      
Previous Participating Investors | Forecast | Subsequent event | Series B Preferred Stock                      
Subsequent Event [Line Items]                      
Gross proceeds from unit offering | $             $ 18,600        
EXCEL 66 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.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 3.4.0.3 html 176 303 1 false 66 0 false 15 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.vertexenergy.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) Sheet http://www.vertexenergy.com/role/ConsolidatedBalanceSheetsUnaudited CONSOLIDATED BALANCE SHEETS (Unaudited) Statements 2 false false R3.htm 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) Sheet http://www.vertexenergy.com/role/ConsolidatedBalanceSheetsUnauditedParenthetical CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Sheet http://www.vertexenergy.com/role/ConsolidatedStatementsOfOperationsUnaudited CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Statements 4 false false R5.htm 1003000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Sheet http://www.vertexenergy.com/role/ConsolidatedStatementsOfCashFlowsUnaudited CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Statements 5 false false R6.htm 2101100 - Disclosure - BASIS OF PRESENTATION AND NATURE OF OPERATIONS Sheet http://www.vertexenergy.com/role/BasisOfPresentationAndNatureOfOperations BASIS OF PRESENTATION AND NATURE OF OPERATIONS Notes 6 false false R7.htm 2103100 - Disclosure - GOING CONCERN Sheet http://www.vertexenergy.com/role/GoingConcern GOING CONCERN Notes 7 false false R8.htm 2104100 - Disclosure - SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES Sheet http://www.vertexenergy.com/role/SummaryOfCriticalAccountingPoliciesAndEstimates SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES Notes 8 false false R9.htm 2105100 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES Sheet http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingencies CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES Notes 9 false false R10.htm 2106100 - Disclosure - DISPOSITION Sheet http://www.vertexenergy.com/role/Disposition DISPOSITION Notes 10 false false R11.htm 2108100 - Disclosure - ACCOUNTS RECEIVABLE Sheet http://www.vertexenergy.com/role/AccountsReceivable ACCOUNTS RECEIVABLE Notes 11 false false R12.htm 2110100 - Disclosure - NOTES RECEIVABLE Notes http://www.vertexenergy.com/role/NotesReceivable NOTES RECEIVABLE Notes 12 false false R13.htm 2111100 - Disclosure - ASSETS HELD FOR SALE Sheet http://www.vertexenergy.com/role/AssetsHeldForSale ASSETS HELD FOR SALE Notes 13 false false R14.htm 2115100 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT Sheet http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebt LINE OF CREDIT AND LONG-TERM DEBT Notes 14 false false R15.htm 2116100 - Disclosure - EARNINGS PER SHARE Sheet http://www.vertexenergy.com/role/EarningsPerShare EARNINGS PER SHARE Notes 15 false false R16.htm 2117100 - Disclosure - COMMON STOCK Sheet http://www.vertexenergy.com/role/CommonStock COMMON STOCK Notes 16 false false R17.htm 2118100 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS Sheet http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrants PREFERRED STOCK AND DETACHABLE WARRANTS Notes 17 false false R18.htm 2119100 - Disclosure - SEGMENT REPORTING Sheet http://www.vertexenergy.com/role/SegmentReporting SEGMENT REPORTING Notes 18 false false R19.htm 2120100 - Disclosure - INCOME TAXES Sheet http://www.vertexenergy.com/role/IncomeTaxes INCOME TAXES Notes 19 false false R20.htm 2121100 - Disclosure - SUBSEQUENT EVENTS Sheet http://www.vertexenergy.com/role/SubsequentEvents SUBSEQUENT EVENTS Notes 20 false false R21.htm 2204201 - Disclosure - SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Policies) Sheet http://www.vertexenergy.com/role/SummaryOfCriticalAccountingPoliciesAndEstimatesPolicies SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Policies) Policies 21 false false R22.htm 2305301 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Tables) Sheet http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingenciesTables CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Tables) Tables http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingencies 22 false false R23.htm 2306301 - Disclosure - DISPOSITION (Tables) Sheet http://www.vertexenergy.com/role/DispositionTables DISPOSITION (Tables) Tables http://www.vertexenergy.com/role/Disposition 23 false false R24.htm 2308301 - Disclosure - ACCOUNTS RECEIVABLE (Tables) Sheet http://www.vertexenergy.com/role/AccountsReceivableTables ACCOUNTS RECEIVABLE (Tables) Tables http://www.vertexenergy.com/role/AccountsReceivable 24 false false R25.htm 2310301 - Disclosure - NOTES RECEIVABLE (Tables) Notes http://www.vertexenergy.com/role/NotesReceivableTables NOTES RECEIVABLE (Tables) Tables http://www.vertexenergy.com/role/NotesReceivable 25 false false R26.htm 2311301 - Disclosure - ASSETS HELD FOR SALE (Tables) Sheet http://www.vertexenergy.com/role/AssetsHeldForSaleTables ASSETS HELD FOR SALE (Tables) Tables http://www.vertexenergy.com/role/AssetsHeldForSale 26 false false R27.htm 2315301 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Tables) Sheet http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtTables LINE OF CREDIT AND LONG-TERM DEBT (Tables) Tables http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebt 27 false false R28.htm 2316301 - Disclosure - EARNINGS PER SHARE (Tables) Sheet http://www.vertexenergy.com/role/EarningsPerShareTables EARNINGS PER SHARE (Tables) Tables http://www.vertexenergy.com/role/EarningsPerShare 28 false false R29.htm 2318301 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Tables) Sheet http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsTables PREFERRED STOCK AND DETACHABLE WARRANTS (Tables) Tables http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrants 29 false false R30.htm 2319301 - Disclosure - SEGMENT REPORTING (Tables) Sheet http://www.vertexenergy.com/role/SegmentReportingTables SEGMENT REPORTING (Tables) Tables http://www.vertexenergy.com/role/SegmentReporting 30 false false R31.htm 2320301 - Disclosure - INCOME TAXES (Tables) Sheet http://www.vertexenergy.com/role/IncomeTaxesTables INCOME TAXES (Tables) Tables http://www.vertexenergy.com/role/IncomeTaxes 31 false false R32.htm 2404402 - Disclosure - SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Details) Sheet http://www.vertexenergy.com/role/SummaryOfCriticalAccountingPoliciesAndEstimatesDetails SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Details) Details http://www.vertexenergy.com/role/SummaryOfCriticalAccountingPoliciesAndEstimatesPolicies 32 false false R33.htm 2405402 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details Narrative) Sheet http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingenciesDetailsNarrative CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details Narrative) Details http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingenciesTables 33 false false R34.htm 2405403 - Disclosure - CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details) Sheet http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingenciesDetails CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Details) Details http://www.vertexenergy.com/role/ConcentrationsSignificantCustomersCommitmentsAndContingenciesTables 34 false false R35.htm 2406402 - Disclosure - DISPOSITION (Details 1) Sheet http://www.vertexenergy.com/role/DispositionDetails1 DISPOSITION (Details 1) Details http://www.vertexenergy.com/role/DispositionTables 35 false false R36.htm 2408402 - Disclosure - ACCOUNTS RECEIVABLE (Details) Sheet http://www.vertexenergy.com/role/AccountsReceivableDetails ACCOUNTS RECEIVABLE (Details) Details http://www.vertexenergy.com/role/AccountsReceivableTables 36 false false R37.htm 2410402 - Disclosure - NOTES RECEIVABLE (Details) Notes http://www.vertexenergy.com/role/NotesReceivableDetails NOTES RECEIVABLE (Details) Details http://www.vertexenergy.com/role/NotesReceivableTables 37 false false R38.htm 2410403 - Disclosure - NOTES RECEIVABLE (Details Narrative) Notes http://www.vertexenergy.com/role/NotesReceivableDetailsNarrative NOTES RECEIVABLE (Details Narrative) Details http://www.vertexenergy.com/role/NotesReceivableTables 38 false false R39.htm 2411402 - Disclosure - ASSETS HELD FOR SALE (Details) Sheet http://www.vertexenergy.com/role/AssetsHeldForSaleDetails ASSETS HELD FOR SALE (Details) Details http://www.vertexenergy.com/role/AssetsHeldForSaleTables 39 false false R40.htm 2415402 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Details Narrative) Sheet http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtDetailsNarrative LINE OF CREDIT AND LONG-TERM DEBT (Details Narrative) Details http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtTables 40 false false R41.htm 2415403 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Details) Sheet http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtDetails LINE OF CREDIT AND LONG-TERM DEBT (Details) Details http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtTables 41 false false R42.htm 2415404 - Disclosure - LINE OF CREDIT AND LONG-TERM DEBT (Details 1) Sheet http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtDetails1 LINE OF CREDIT AND LONG-TERM DEBT (Details 1) Details http://www.vertexenergy.com/role/LineOfCreditAndLongTermDebtTables 42 false false R43.htm 2416402 - Disclosure - EARNINGS PER SHARE (Details Narrative) Sheet http://www.vertexenergy.com/role/EarningsPerShareDetailsNarrative EARNINGS PER SHARE (Details Narrative) Details http://www.vertexenergy.com/role/EarningsPerShareTables 43 false false R44.htm 2416403 - Disclosure - EARNINGS PER SHARE (Details) Sheet http://www.vertexenergy.com/role/EarningsPerShareDetails EARNINGS PER SHARE (Details) Details http://www.vertexenergy.com/role/EarningsPerShareTables 44 false false R45.htm 2417401 - Disclosure - COMMON STOCK (Details Narrative) Sheet http://www.vertexenergy.com/role/CommonStockDetailsNarrative COMMON STOCK (Details Narrative) Details http://www.vertexenergy.com/role/CommonStock 45 false false R46.htm 2418402 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details Narrative) Sheet http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsDetailsNarrative PREFERRED STOCK AND DETACHABLE WARRANTS (Details Narrative) Details http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsTables 46 false false R47.htm 2418403 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details) Sheet http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsDetails PREFERRED STOCK AND DETACHABLE WARRANTS (Details) Details http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsTables 47 false false R48.htm 2418404 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details 2) Sheet http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsDetails2 PREFERRED STOCK AND DETACHABLE WARRANTS (Details 2) Details http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsTables 48 false false R49.htm 2418405 - Disclosure - PREFERRED STOCK AND DETACHABLE WARRANTS (Details 3) Sheet http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsDetails3 PREFERRED STOCK AND DETACHABLE WARRANTS (Details 3) Details http://www.vertexenergy.com/role/PreferredStockAndDetachableWarrantsTables 49 false false R50.htm 2419402 - Disclosure - SEGMENT REPORTING (Details) Sheet http://www.vertexenergy.com/role/SegmentReportingDetails SEGMENT REPORTING (Details) Details http://www.vertexenergy.com/role/SegmentReportingTables 50 false false R51.htm 2420402 - Disclosure - INCOME TAXES - Narrative (Details) Sheet http://www.vertexenergy.com/role/IncomeTaxesNarrativeDetails INCOME TAXES - Narrative (Details) Details 51 false false R52.htm 2420403 - Disclosure - INCOME TAXES (Details) Sheet http://www.vertexenergy.com/role/IncomeTaxesDetails INCOME TAXES (Details) Details http://www.vertexenergy.com/role/IncomeTaxesTables 52 false false R53.htm 2421401 - Disclosure - SUBSEQUENT EVENTS (Details) Sheet http://www.vertexenergy.com/role/SubsequentEventsDetails SUBSEQUENT EVENTS (Details) Details http://www.vertexenergy.com/role/SubsequentEvents 53 false false All Reports Book All Reports vtnr-20160331.xml vtnr-20160331.xsd vtnr-20160331_cal.xml vtnr-20160331_def.xml vtnr-20160331_lab.xml vtnr-20160331_pre.xml true true ZIP 72 0001628280-16-016183-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001628280-16-016183-xbrl.zip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