Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash $ 5,652 $ 46,812
Advances to employees 13,540 13,449
Contracts receivable (net of allow. for bad debt) 3,808,450 4,710,569
Inventory 84,517 85,614
Deferred Tax Asset - Current 86,098
Prepaid expenses 122,462 27,659
Cost and estimated earnings in excess of billings on uncompleted contracts 980,887 687,791
Total current assets 5,015,508 5,657,992
Property and equipment, net 1,571,834 1,677,682
Goodwill 1,446,855 1,446,855
Deferred tax asset- non-current 718,980 632,882
Other assets 4,731 4,731
TOTAL ASSETS 8,757,908 9,420,142
Current liabilities    
Accounts payable 2,348,713 2,354,189
Accrued payroll 30,699 30,967
Accrued job costs 22,192 128,355
Billings in excess of costs and estimated earnings on uncompleted contracts 429,886 218,864
Notes payable
Current portion long-term debt    
Related party 212,268 229,011
Non-related party 601,043 602,630
Total current liabilities 3,644,801 3,563,996
Long-term debt, net of current portion    
Related party 3,063,002 3,218,790
Non-related party 2,166,984 2,350,471
Total long-term liabilities 5,229,986 5,569,261
Stockholders' equity    
Common stock, authorized: $0.001 par value, 250,000,000 shares, at March 31, 2017; issued: 47,300,500 shares, at March 31, 2017; 47,300,500 shares, at December 31, 2016 47,300 47,300
Additional paid in capital 1,471,158 1,471,158
Accumulated surplus (1,635,337) (1,231,573)
Total stockholders' equity (116,879) 286,885
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 8,757,908 $ 9,420,142