Rendering

Component: (Network and Table)
Network
001 - Statement - CONSOLIDATED BALANCE SHEETS
(http://www.11goodenergy.com/role/ConsolidatedBalanceSheet)
TableStatement [Table]
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001408597 (http://www.sec.gov/CIK)
Scenario [Axis]Scenario, Unspecified [Domain]
Statement [Line Items]Period [Axis]
2011-12-31
2010-12-31
2009-12-31
2008-12-31
2007-12-31
2007-05-22
ASSETS
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
Cash
12,895  
29,879  
4,869,749  
 
 
 
Inventory
323,422  
624,739  
 
 
 
 
Accounts receivable, net
43,906  
51,801  
 
 
 
 
Available for sale securities
940  
576,990  
 
 
 
 
Other current assets
25,678  
24,974  
 
 
 
 
Total current assets
406,841  
 
1,308,383  
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
2,167,434  
2,562,675  
 
 
 
 
Other assets:
 
 
 
 
 
 
Patents
79,874  
58,272  
 
 
 
 
Goodwill
 
639,504  
 
 
 
 
Deposits
2,163  
2,163  
 
 
 
 
Total other assets
82,037  
 
699,939  
 
 
 
 
 
 
 
 
 
Total assets
2,656,312  
 
4,570,997  
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
Accounts payable and accrued liabilities
1,362,922  
423,952  
 
 
 
 
Advances, related party
67,427  
 
 
 
 
 
Notes payable, related party
306,000  
 
 
 
 
 
Convertible notes payable, net of deferred debt discount of $75,139
474,861  
 
 
 
 
 
Total current liabilities
2,211,210  
 
423,952  
 
 
 
 
 
 
 
 
 
Commitments and contingencies
  
  
 
 
 
 
Stockholders’ equity:
 
 
 
 
 
 
Series A Preferred stock, $0.0001 par value; 11,000,000 shares authorized, issued and outstanding at December 31, 2011 and 2010
1,100  
1,100  
 
 
 
 
Common stock, $0.0001 par value; 65,000,000 shares authorized; 20,856,561 and 20,811,561 shares issued as of December 31, 2011 and 2010, respectively; 19,901,238 and 19,856,239 shares outstanding as of December 31, 2011 and 2010, respectively
2,086  
2,081  
 
 
 
 
Additional paid in capital
24,853,960  
22,533,011  
 
 
 
 
Common stock subscription
270,000  
 
 
 
 
 
Due from shareholder
(108,519) 
(53,519) 
 
 
 
 
Deficit accumulated during development stage
(22,987,265) 
(16,551,567) 
 
 
 
 
Accumulated other comprehensive loss
(88,760) 
(286,561) 
 
 
 
 
Treasury stock, 955,322 shares as of December 31, 2011 and 2010
(1,497,500) 
(1,497,500) 
 
 
 
 
Total stockholders’ equity
445,102  
 
4,147,045  
 
9,545,007  
 
(1,933,349) 
 
(184,221) 
 
2,070  
 
Total liabilities and stockholders’ equity
2,656,312  
 
4,570,997