Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2012

Subsequent Events [Abstract]

Summary balance sheet

Below is a summary balance sheet of Wood Energy as of December 31, 2012:

	December 31, 2012
	(Unaudited)
ASSETS
Current assets
Accounts receivable - trade and other receivables	$	319,100
Prepaid expenses		66,911
Total current assets		386,011
Property, plant and equipment		2,729,805
Other assets		6,541
Total assets	$	3,122,357
LIABILITIES AND STOCKHOLDER’S DEFICIT
Current liabilities
Accounts payable and accrued expenses	$	1,068,582
Revolving credit line		848,588
Current portion of long-term debt		3,049,680
Current portion of capital leases		278,397
Total current liabilities		5,245,247
Due to Banyan Rail Services, Inc.		1,592,318
Total liabilities		6,837,565
Stockholder's deficit
Common stock		1,000
Additional paid-in capital		3,114,539
Accumulated deficit		(6,830,747	)
Total stockholder's deficit		(3,715,208	)
Total liabilities and stockholder's deficit	$	3,122,357