Note 3. Capital Lease	3 Months Ended
Mar. 31, 2015
Notes
Note 3. Capital Lease	Note 3. Capital Lease In June 2014, Mulberry Processing, LLC, a wholly owned subsidiary of the Company, entered into a contract to lease certain real property and buildings in Bradley, Florida from Bowling Green Holdings, LLC (“BGH”), a related party, a company owned by David Kasmoch, the father of Timothy R. Kasmoch, the Company’s President and Chief Executive Officer. The lease term is for five years beginning June 1, 2014 with a monthly payment of $10,000. At March 31, 2015 and December 31, 2014 the Company was in default of its payments. This lease is for the Company’s operating facility which commenced operations in June 2014, and has been determined to be a capital lease. The economic substance of the lease is the Company is financing the acquisition of the asset through the lease, and accordingly, it is recorded in the Company’s assets and liabilities. Assets and liabilities under capital leases initially are recorded at the lower of present value of the minimum lease payments or the fair value of the assets. The assets are depreciated over the shorter of the lease term or their estimated useful lives. A liability and related asset of $420,346 was recorded in June 2014 concurrent with the start of the lease agreement. Depreciation on assets under capital leases charged to expense for the three months ended March 31, 2015 and 2014 was $21,007 and $0, respectively, recorded as cost of sales. Interest charged related to capital lease liabilities for the three months ended March 31, 2015 and 2014 was $14,275 and $0, respectively, recorded as interest expense.

Note 3. Capital Lease

3 Months Ended

Mar. 31, 2015

Note 3. Capital Lease

In June 2014, Mulberry Processing, LLC, a wholly owned subsidiary of the Company, entered into a contract to lease certain real property and buildings in Bradley, Florida from Bowling Green Holdings, LLC (“BGH”), a related party, a company owned by David Kasmoch, the father of Timothy R. Kasmoch, the Company’s President and Chief Executive Officer. The lease term is for five years beginning June 1, 2014 with a monthly payment of $10,000. At March 31, 2015 and December 31, 2014 the Company was in default of its payments. This lease is for the Company’s operating facility which commenced operations in June 2014, and has been determined to be a capital lease.

The economic substance of the lease is the Company is financing the acquisition of the asset through the lease, and accordingly, it is recorded in the Company’s assets and liabilities. Assets and liabilities under capital leases initially are recorded at the lower of present value of the minimum lease payments or the fair value of the assets. The assets are depreciated over the shorter of the lease term or their estimated useful lives.

A liability and related asset of $420,346 was recorded in June 2014 concurrent with the start of the lease agreement.

Depreciation on assets under capital leases charged to expense for the three months ended March 31, 2015 and 2014 was $21,007 and $0, respectively, recorded as cost of sales. Interest charged related to capital lease liabilities for the three months ended March 31, 2015 and 2014 was $14,275 and $0, respectively, recorded as interest expense.