GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS	12 Months Ended
Dec. 31, 2015
Notes to Financial Statements
NOTE 3 - GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS	The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, the Company incurred a net loss of $778,427 and $809,112 for the years ended December 31, 2015 and 2014 respectively. Additionally, the Company has negative working capital (total current liabilities exceeded total current assets) of $10,313,663 as of December 31, 2015 and is in default on certain debt obligations (see Note 6). These factors among others raise substantial doubt about the Company's ability to continue as a going concern. While distributions from the Company's majority owned joint venture have improved liquidity, the Company continues to raise additional funds through private debt offerings to meet short term needs. In addition, the Company is undertaking further steps as part of a plan to improve operations with the goal of sustaining our operations for the next twelve months and beyond and to address its lack of liquidity by raising additional funds, either in the form of debt or equity or some combination thereof. However, there can be no assurance that the Company can successfully accomplish these steps and or business plans, and it is uncertain that the Company will achieve a profitable level of operations and be able to obtain additional financing. The Company's continued existence is dependent upon management's ability to develop profitable operations and resolve its liquidity problems. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.

GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS

12 Months Ended

Dec. 31, 2015

NOTE 3 - GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, the Company incurred a net loss of $778,427 and $809,112 for the years ended December 31, 2015 and 2014 respectively. Additionally, the Company has negative working capital (total current liabilities exceeded total current assets) of $10,313,663 as of December 31, 2015 and is in default on certain debt obligations (see Note 6). These factors among others raise substantial doubt about the Company's ability to continue as a going concern.

While distributions from the Company's majority owned joint venture have improved liquidity, the Company continues to raise additional funds through private debt offerings to meet short term needs. In addition, the Company is undertaking further steps as part of a plan to improve operations with the goal of sustaining our operations for the next twelve months and beyond and to address its lack of liquidity by raising additional funds, either in the form of debt or equity or some combination thereof. However, there can be no assurance that the Company can successfully accomplish these steps and or business plans, and it is uncertain that the Company will achieve a profitable level of operations and be able to obtain additional financing.

The Company's continued existence is dependent upon management's ability to develop profitable operations and resolve its liquidity problems. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.