GOING CONCERN	6 Months Ended
Jun. 30, 2013
GOING CONCERN:
Going Concern	3. GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern that contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has suffered recurring net losses from operations and had a working capital deficit of $24,185,563 as of June 30, 2013, which raises substantial doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its capability to raise additional funds through debt and equity financing, and to achieve profitable operations. Management's plans to continue as a going concern and to achieve a profitable level of operations are as follows: * Advanced Waste & Water Technology, Inc. * Successfully sell large-scale waste water treatment equipment through AWWT's established licensing agreement. * Baker's Pride, Inc. * Secure additional donut and bread customers to increase the utilization of existing plant assets and place significant and competitive bids to strategic players within the fresh bread manufacturing industry, as well as increase revenues from its existing customers, * Increase co-pack donut, bread and bun business once the existing plant assets are operating at maximum capacity, * Tyree Holdings Corp. * Increase sales of the environmental business unit to existing customers and bid on additional jobs outside of Tyree's current customer base. Tyree's ability to succeed in securing additional environmental business depends on the ability of one of Tyree's primary customers to secure remediation work by bidding environmental liabilities currently present on gasoline stations and referring this work to Tyree, * Evaluate Tyree's construction and maintenance business units with respect to their ability to increase margins and operate profitably independent of each other, * Liquidate excess inventory that will not be utilized in the normal course of operations during the next six months to generate additional working capital. * Amincor Other Assets, Inc. * Liquidate assets held for sale to provide working capital to the Company's subsidiaries, * Rent out assets held for sale to offset the costs of ownership of those assets wherever possible, if the assets cannot be liquidated. * Amincor, Inc. * Secure new financing from a financial institution to provide needed working capital to the subsidiary companies. While management believes that it will be able to continue to raise capital from various funding sources in such amounts sufficient to sustain operations at the Company's current levels through at least June 30, 2014, if the Company is not able to do so and if the Company is unable to become profitable in 2013 and the first half of 2014, the Company would likely need to modify its plans and/or cut back on its operations. If the Company is able to raise additional funds through the issuance of equity securities, substantial dilution to existing shareholders may result. However, if management's plans are not achieved, if significant unanticipated events occur, or if the Company is unable to obtain the necessary additional funding on favorable terms or at all, management would likely have to modify its business plans to continue as a going concern. The condensed consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

GOING CONCERN

6 Months Ended

Jun. 30, 2013

3. GOING CONCERN

The accompanying  consolidated  financial statements have been prepared assuming

that  the  Company  will  continue  as a going  concern  that  contemplates  the

realization of assets and the  satisfaction  of liabilities in the normal course

of business.  The Company has suffered  recurring net losses from operations and

had a working capital  deficit of $24,185,563 as of June 30, 2013,  which raises

substantial  doubt about the Company's  ability to continue as a going  concern.

The  Company's  ability to continue  as a going  concern is  dependent  upon its

capability to raise additional funds through debt and equity  financing,  and to

achieve profitable operations. Management's plans to continue as a going concern

and to achieve a profitable level of operations are as follows:

     *    Advanced Waste & Water Technology, Inc.

          *    Successfully  sell  large-scale  waste water treatment  equipment

               through AWWT's established licensing agreement.

     *    Baker's Pride, Inc.

          *    Secure  additional  donut and bread  customers  to  increase  the

               utilization  of existing plant assets and place  significant  and

               competitive  bids to  strategic  players  within the fresh  bread

               manufacturing  industry,  as well as increase  revenues  from its

               existing customers,

          *    Increase co-pack donut,  bread and bun business once the existing

               plant assets are operating at maximum capacity,

     *    Tyree Holdings Corp.

          *    Increase  sales of the  environmental  business  unit to existing

               customers and bid on additional  jobs outside of Tyree's  current

               customer base. Tyree's ability to succeed in securing  additional

               environmental  business  depends on the ability of one of Tyree's

               primary   customers  to  secure   remediation   work  by  bidding

               environmental  liabilities currently present on gasoline stations

               and referring this work to Tyree,

          *    Evaluate Tyree's construction and maintenance business units with

               respect  to  their  ability  to  increase   margins  and  operate

               profitably independent of each other,

          *    Liquidate  excess  inventory  that  will not be  utilized  in the

               normal  course  of  operations  during  the  next six  months  to

               generate additional working capital.

     *    Amincor Other Assets, Inc.

          *    Liquidate  assets held for sale to provide working capital to the

               Company's subsidiaries,

          *    Rent out assets held for sale to offset the costs of ownership of

               those  assets  wherever   possible,   if  the  assets  cannot  be

               liquidated.

     *    Amincor, Inc.

          *    Secure new  financing  from a  financial  institution  to provide

               needed working capital to the subsidiary companies.

While management believes that it will be able to continue to raise capital from

various funding sources in such amounts  sufficient to sustain operations at the

Company's  current  levels through at least June 30, 2014, if the Company is not

able to do so and if the Company is unable to become  profitable in 2013 and the

first half of 2014, the Company would likely need to modify its plans and/or cut

back on its operations. If the Company is able to raise additional funds through

the issuance of equity securities, substantial dilution to existing shareholders

may result.  However,  if  management's  plans are not achieved,  if significant

unanticipated  events occur, or if the Company is unable to obtain the necessary

additional funding on favorable terms or at all, management would likely have to

modify  its  business  plans  to  continue  as a going  concern.  The  condensed

consolidated  financial  statements do not include any adjustments that might be

necessary if the Company is unable to continue as a going concern.

- Definition

Disclosure of accounting policy for reporting when there is a substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time (generally a year from the balance sheet date). Disclose: (a) pertinent conditions and events giving rise to the assessment of substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, (b) the possible effects of such conditions and events, (c) management's evaluation of the significance of those conditions and events and any mitigating factors, (d) possible discontinuance of operations, (e) management's plans (including relevant prospective financial information), and (f) information about the recoverability or classification of recorded asset amounts or the amounts or classification of liabilities. If management's plans alleviate the substantial doubt about the entity's ability to continue as a going concern, disclosure of the principal conditions and events that initially raised the substantial doubt about the entity's ability to continue as a going concern would be expected to be considered. Disclose whether operations for the current or prior years generated sufficient cash to cover current obligations, whether waivers were obtained from creditors relating to the company's default under the provisions of debt agreements and possible effects of such conditions and events, such as: whether there is a possible need to obtain additional financing (debt or equity) or to liquidate certain holdings to offset future cash flow deficiencies. Disclose appropriate parent company information when parent is dependent upon remittances from subsidiaries to satisfy its obligations.

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