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v2.4.0.6
GENERATION ZERO GROUP, INC.- Consolidated Statements of Operations (USD $)
12 Months Ended 68 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Revenues $ 427,326   $ 427,326
Cost of Sales 9,617   9,617
Gross Profit 417,709   417,709
Operating Expenses:      
General, selling and administrative 292,627 114,345 803,894
Impairment of oil and gas properties     32,520
Impairment of intangible assets   1,100,000 1,100,000
Depreciation and amortization 280,000 140,316 424,424
Total operating expenses 572,627 1,354,661 2,360,838
Operating loss (154,918) (1,354,661) (1,943,129)
Other revenue and expenses:      
Loss from discontinued operations (1,788,987)   (1,788,987)
Loss on abandonment of assets   (3,028) (3,028)
Forgiveness of debt   6,232 6,232
Interest expense (1,469,760) (821,214) (2,299,391)
Net Loss $ (3,413,666) $ (2,172,671) $ (6,028,305)
Basic and diluted net loss per common share $ (0.10) $ (0.14)  
Weighted average common shares outstanding 34,612,319 15,363,897