Blue Earth Solutions Inc. (fka BESNQ)

[jmurfk]

Also from the last quarterly. Showing $8 mil in shareholder equity or around .25 per share.

BLUE EARTH SOLUTIONS, INC.
Condensed Consolidate Balance Sheets


December 31, 2009


ASSETS

CURRENT ASSETS

Cash $ 300,316
960,307
Prepaid expenses
20,169
Inventory
211,332 231,153
Total Current Assets
1,492,124 334,176

PROPERTY AND EQUIPMENT, net
5,050,298 4,098,283

OTHER ASSETS

Investments 9,492,522 8,206,990
Goodwill
339,514 -
Loan receivable related party 32,974 -
Deposits & deposits on equipment 2,828,680 2,877,619

TOTAL ASSETS
$ 19,636,112 $ 15,517,068

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts payable and accrued expenses 2,940,975 1,399,145
Accounts payable and accrued expenses - Related Parties
960,587 152,508
Notes payable 35,729 -
Notes payable - related parties 5,687,002 462,500
Total Current Liabilities
9,624,293 2,014,153

LONG-TERM LIABILITIES

Notes payable
1,217,749 1,049,000

Total Liabilities
10,842,041 3,063,153

STOCKHOLDERS' EQUITY

Preferred stock, Series A, $0.001 par value, 10,000,000

shares authorized, -0- shares issued and outstanding
- -
Preferred stock, Series B, $0.001 par value, 5,000,000

shares authorized, -0- shares issued and outstanding
- -
Preferred stock, Series C, $0.001 par value, 5,000,000

shares authorized, 14,130 shares

issued and outstanding
14 14
Common stock, $0.001 par value, 100,000,000 shares

authorized, 33,532,602 and 32,025,300 shares

issued and outstanding, respectively
33,532 32,025
Unrealized (Loss) on Available For Sales Securities
(1,527,219 ) -
Additional paid-in capital
14,992,815 15,052,300
Accumulated deficit
(4,705,071 ) (2,630,424 )

Total Stockholders' Equity
8,794,071 12,453,915

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$ 19,636,112 $ 15,517,068