UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934

For the quarterly period ended ~~March~~June 3130, 2010

o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934

For the transition period from _______________ to _________________

333-141035

(Commission file number)

~~(Commission~~SPUR ~~file~~RANCH, ~~number)~~INC.

FORMERLY KNOWN AS

NEW GREEN TECHNOLOGIES, INC.

(Exact name of ~~small~~registrant ~~business issuer~~ as specified in its charter)

Florida	88-0409143
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

~~19337~~500 USN. ~~HIGHWAY~~Capital 19of ~~NORTH~~Texas ~~SUITE~~Hwy ~~525~~Building 3, ~~CLEARWATER~~Ste ~~FLORIDA~~100 ~~33764~~Austin, Texas 78746

(Address of principal executive offices) (Zip Code)

~~727-451-6565~~(512) 355-1077

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definition of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	o	Accelerated filer	o

Non-accelerated filer	o	Smaller reporting company	x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: as of ~~May~~July 1030, 2010, there were ~~105~~140,~~081~~262,~~232~~855 common shares outstanding before the 1:3,500 stock split, with an anticipated effective date of August 20, 2010, the issued and outstanding common shares as adjusted for this split are 40,075.

Transitional Small Business Disclosure Format (Check one): Yes o No x

Documents Incorporated by Reference: None

	Table of Contents	Page
PART I	FINANCIAL INFORMATION	4
Item 1	Financial Statements	4
	BALANCE SHEETS as of March 31, 2010 (Unaudited) and December 31, 2009	4
	BALANCE SHEETS as of June 30, 2010 (Unaudited) and December 31, 2009	4
	STATEMENTS OF OPERATIONS For the quarters ended March 31, 2010 and 2009 (Unaudited)	5
	STATEMENTS OF OPERATIONS For the three and six months ended June 30, 2010 and 2009 (Unaudited)	5
	STATEMENTS OF CASH FLOWS For the quarters ended March 31, 2010 and 2009 (Unaudited)	6 – 7
	STATEMENTS OF CASH FLOWS For the six months ended June 30, 2010 and 2009 (Unaudited)	6
	Notes to Financial Statements	87
Item 2	Management's Discussion and Analysis of Financial Condition and Results of Operations	1517
Item 3	Quantitative and Qualitative Disclosures about Market Risk	2023
Item 4T	Controls and Procedures	2024
PART II	OTHER INFORMATION	2125
Item 6	Exhibits	2125
	SIGNATURES	2125

Forward looking statements

We are including the following cautionary statement in this Form 10-Q to make applicable and take advantage of the safe harbor provision of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, Spur Ranch, Inc. formerly known as New Green Technologies (“New Green”, “Spur” or the "Company”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, expectations, future events or performance and underlying assumptions and other statements that are other than statements of historical facts. The statements contained herein and other information contained in this report may be based, in part, on management's estimates, projections, plans and judgments. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. In this report, the words "anticipates", "believes", "expects", "intends", "future", "plans", "targets" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein. We undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances that may arise after the date hereof. Our expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis, including without limitations, management's examination of historical operating trends, data contained in our records and other data available from third parties, but there can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished. In addition to other factors and matters discussed elsewhere herein, the following are important factors that could cause actual results to differ materially from those discussed in the forward-looking statements: our dependence on limited cash resources, dependence on certain key personnel within the Company, and the ability to raise additional capital; our ability to obtain acceptable forms and amounts of financing; the demand for, and price level of, our products and services; competitive factors; the ability to mitigate concentration of business in a small number of customers; the evolving industry and technology standards; the ability to protect proprietary technology; and our ability to efficiently manage our operations. Accordingly, actual results may differ, possibly materially, from the predictions contained herein.

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

		NEW GREEN TECHNOLOGIES, INC.
SPUR RANCH, INC.
		BALANCE SHEETS
Formerly Known As
		(A Development Stage Company)
New Green Technologies, Inc.
				Unaudited
BALANCE SHEETS
				March 31, 2010				December 31, 2009
(A Development Stage Company)
ASSETS
		(Unaudited)
CURRENT ASSETS
		June 30,				December 31,
	Cash and Cash Equivalents			$	1,776			$	2,504
		2010				2009
		Total Current Assets			1,776				2,504
ASSETS
PROPERTY AND EQUIPMENT
CURRENT ASSETS
	Computers and Equipment, net				2,571				2,922
Cash and Cash Equivalents		$	10,287			$	2,504
	CAVD Unit, net				59,998				64,999
Total Current Assets			10,287				2,504
	Plasma equipment, net				26,400				27,600
PROPERTY AND EQUIPMENT
		Total Property and Equipment			88,969				95,521
Computers and Equipment, net			2,220				2,922
OTHER ASSETS
CAVD Unit, net			54,997				64,999
	CAVD Technology				645,667				645,667
BORS/Plasma Equipment, net			25,200				27,600
	Plasma/BORS Technology				300,000				300,000
Total Property and Equipment			82,417				95,521
	New Green Technology				12,000				12,000
OTHER ASSETS
		Total Other Assets			957,667				957,667
CAVD Technology			1				645,667
	Total Assets			$	1,048,412			$	1,055,692
Plasma/BORS Technology			2				300,000
LIABILITIES & STOCKHOLDERS' EQUITY
New Green Technology			1				12,000
CURRENT LIABILITIES
Total Other Assets			4				957,667
	Accounts Payable			$	141,811			$	142,828
Total Assets		$	92,708			$	1,055,692
	Accrued Liabilities				312,000				282,000
LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)
	Current Portion Notes Payable - Related Parties				75,000				75,000
CURRENT LIABILITIES
	Accrued Interest - Related Parties				71,675				64,925
Accounts Payable		$	127,572			$	142,828
		Total Current Liabilities			600,486				564,753
Accrued Liabilities			237,023				282,000
OTHER LIABILITIES
Current Portion Notes Payable – Related Parties			75,000				75,000
	Notes Payable:
Accrued Interest – Related Party			78,425				64,925
	Related Parties				234,730				204,730
Total Current Liabilities			518,020				564,753
	Other				25,000				50,000
OTHER LIABILITIES
	Due to Related Parties				2,500				2,500
Notes Payable:
		Total Liabilities			862,716				821,983
Related Parties			207,249				204,730
COMMITMENTS AND CONTINGENCIES
Other			42,500				50,000
STOCKHOLDERS' EQUITY
Due to Related Parties			2,500				2,500
	Common Stock, $.001 par value, 200,000,000 Shares Authorized
Total Liabilities			770,269				821,983
	105,081,232 and 99,043,702 Issued and Outstanding Respectively				105,081				99,044
COMMITMENTS AND CONTINGENCIES
	Preferred Stock, $.001 par value, 70,000,000 Shares Authorized
STOCKHOLDERS' EQUITY (DEFICIT)
	29,517 Issued and Outstanding				29				29
Common Stock, $.001 par value, 200,000,000 Shares Authorized 40,075 and 28,298 Issued and Outstanding Respectively			140,263				99,044
	Additional Paid -in Capital				18,377,434				18,349,471
Preferred Stock, $.001 par value, 70,000,000 Shares Authorized 29,517 Issued and Outstanding			29				29
		Total Capital Stock			18,482,544				18,448,544
Additional Paid - in Capital			18,653,913				18,349,471
	Accumulated Deficit				(18,296,848	)			(18,214,835	)
Total Capital Stock			18,794,205				18,448,544
	Total Stockholders' Equity				185,696				233,709
Accumulated Deficit			(19,471,766	)			(18,214,835	)
	Total Liabilities & Stockholders' Equity			$	1,048,412			$	1,055,692
Total Stockholders' Equity (Deficit)			(677,561	)			233,709
* The balance sheet of December 31, 2009 was taken from the audited financial statements of that date.
Total Liabilities & Equity (Deficit)		$	92,708			$	1,055,692
See accompanying notes to unaudited condensed financial statements which are an integral part of these financial statements.
See accompanying notes to financial statements which are an integral part of these financial statements.

New Green Technologies, Inc.
SPUR RANCH, INC.
UNAUDITED
Formerly Known As
STATEMENTS OF OPERATIONS
New Green Technologies, Inc.
(A Development Stage Company)
UNAUDITED
											Accumulated
STATEMENTS OF OPERATIONS
											from
(A Development Stage Company)
											Date of
		Three Months ended June 30, 2010				Three Months ended June 30, 2009				Six Months ended June 30, 2010				Six Months ended June 30, 2009			Accumulated from Date of Inception through June 30, 2010
			Three Months				Three Months				Inception
Net Sales		$	-			$	-			$	-			$	-		$	-
			ended				ended				Through
Cost of Sales			-				-				-				-			-
			March 31, 2010				March 31, 2009				March 31, 2010
Gross Profit			-				-				-				-			-
Net Sales			$	-			$	-			$	-
Selling, General & Administrative Expenses			126,303				242,944				201,566				416,649			14,978,403
Cost of Sales				-				-				-
Research And Development			-				-				-				-			1,374,586
	Gross Profit			-				-				-
Loss from Operations			(126,303	)			(242,944	)			(201,566	)			(416,649	)		(16,352,989	)
Selling, General & Administrative Expenses				75,263				178,022				14,852,100
Loss on Sale of Securities			-				-				-				-			697,237
Research And Development				-				-				1,374,586
Permanent Impairment Writedown on Marketable Securities			-				-				-				-			1,112,309
	Loss from Operations			(75,263	)			(178,022	)			(16,226,686	)
Impariment of Long-Lived Intangible Assets			957,663				-				957,663				-			957,663
	Loss on Sale of Securities			-				-				697,237
Interest Expense			90,952				44,417				97,702				51,167			351,568
	Permanent Impairment Write down on
Net Loss		$	(1,174,918	)		$	(287,361	)		$	(1,256,931	)		$	(467,816	)	$	(19,471,766	)
	Marketable securities			-				-				1,112,309
Basic Net Loss Per Common Share		$	(34.79	)		$	(28.67	)		$	(39.59	)		$	(50.33	)
	Interest Expense			6,750				6,750				260,616
Diluted Net Loss Per Common Share		$	(34.79	)		$	(28.67	)		$	(39.59	)		$	(50.33	)
Net Loss			$	(82,013	)		$	(184,772	)		$	(18,296,848	)
Weighted Average of Common Shares Outstanding			33,770				10,025				31,752				9,294
Basic Net Loss Per Common Share			$	(0.00	)		$	(0.01	)
See accompanying notes to unaudited condensed financial statements which are an integral part of these financial statements
Diluted Net Loss Per Common Share			$	(0.00	)		$	(0.01	)
Weighted Average of Common Shares
Outstanding				103,501,103				27,877,400
See accompanying notes to unaudited condensed financial statements which are an integral part of these financial statements

New Green Technologies, Inc.
SPUR RANCH, INC.
UNAUDITED
Formerly Known As
STATEMENTS OF CASH FLOWS
New Green Technologies, Inc.
(A Development Stage Company)
UNAUDITED
											Accumulated from
STATEMENTS OF CASH FLOWS
			Three Months				Three Months				Date of Inception
(A Development Stage Company)
			Ended				Ended				through
		Six Months Ended June 30, 2010				Six Months Ended June 30, 2009				Accumulated from Date of Inception through June 30, 2010
			March 31, 2010				March 31, 2009				March 31, 2010
OPERATING ACTIVITIES
OPERATING ACTIVITIES
Net Loss		$	(1,256,931	)		$	(467,816	)		$	(19,471,766	)
Net Loss			$	(82,013	)		$	(184,772	)		$	(18,296,848	)
Adjustments To Reconcile Net Loss to Cash Used By Operating Activities:
Adjustments To Reconcile Net Loss to Cash Used By Operating Activities:
Depreciation			13,104				8,786				79,544
	Depreciation			6,552				6,551				72,992
Amortization of Debt Discount			-				-				40,000
	Amortization of Debt Discount			-				-				40,000
Issuance of Common Shares for Rent											9,100
	Issuance of Common Stock for Rent			-				-				9,100
Issuance of Common Shares for Services			338,161				184,083				12,312,200
	Issuance of Common Stock for Services			9,000				72,750				11,983,039
Issuance to Regent			-				-				839,232
	Issuance to Regent			-				-				839,232
Issuance of Common Shares for Interest											10,666
	issuance of Common Stock for Interest			-				6,750				10,666
Loss on Sale of Securities			-				-				697,237
	Loss on Sale of Securities			-				-				697,237
Loss on Investment			-				-				202,537
	Loss on Investment			-				-				202,537
Impariment of Long-Lived Intangible Assets			957,663				-				957,663
Permanent Impairment Writedown on Marketable Securities	~~Permanent Impairment Writedown on Marketable Securities~~		-	-			-	-			903,468	~~903,468~~
Changes in Operating Assets and Liabilities
Accounts Payable	~~Accounts Payable~~		(15,256	~~(1,017~~)	)		62,227	~~64,241~~			69,872	~~84,111~~
	Accrued Interest - Related Parties			6,750				-				200,372
Interest Expense/Accrued Interest-Related Parties			13,500				51,167				207,122
Stock Loans Receivable	~~Stock Loans Receivable~~		-	-			-	-			7,000	~~7,000~~
Accrued Liabilities	~~Accrued Liabilities~~		(44,977	~~30,000~~)			60,000	~~30,000~~			1,046,009	~~1,120,986~~
Due to Related Parties	~~Due to Related Parties~~			-				-			(49,000	~~(49,000~~)	)
Cash Used By Operating Activities	~~Cash Used By Operating Activities~~		5,264	~~(30,728~~	)		(101,553	~~(4,480~~)	)		(2,139,116	~~(2,175,108~~)	)
INVESTING ACTIVITIES
Purchase of Fixed Assets	~~Purchase of Fixed Assets~~		-	-			-	-			(23,881	~~(23,881~~)	)
Cash Proceeds on Sale of Marketable Securities	~~Cash Proceeds on Sale of Marketable Securities~~		-	-			-	-			201,208	~~201,208~~
Loss on Langley	~~Loss on Langley~~		-	-			-	-			6,304	~~6,304~~
	CAVD Acquisition			-				-				(300,000	)
Employee Advances			-				-				(300,000	)
	Employee Advances			-				-				(4,500	)
Licensing Fee			-				-				(4,500	)
Investment in SEP	~~Investment in SEP~~		-	-			-	-			(50,000	~~(50,000~~)	)
Cash Used By Investing Activities	~~Cash Used By Investing Activities~~		-	-			-	-			(170,869	~~(170,869~~)	)
FINANCING ACTIVITIES
Proceeds from notes payable			2,519				97,250				541,531
Net Proceeds From Shareholder Advances			-				-				1,733,741
Stock Subscription			-				-				45,000
Cash Provided By Financing Activities			2,519				97,250				2,320,272
Increase (Decrease) in Cash and Cash Equivalents			7,783				(4,303	)			10,287
CASH AND CASH EQUIVALENTS, beginning of period			2,504				4,480				-
CASH AND CASH EQUIVALENTS, end of period		$	10,287			$	177			$	10,287
See accompanying notes to unaudited condensed financial statements which are an integral part of these financial statements.

~~STATEMENTS~~SPUR OFRANCH, ~~CASH FLOWS - continued~~INC.

FINANCING ACTIVITIES
	Proceeds from notes payable, net		30,000			-			569,012
	Net Proceeds From Shareholder Advances		-			-			1,733,741
	Stock Subscription		-			-			45,000
	Cash Provided By Financing Activities		30,000			-			2,347,753
	Decrease (Increase) in Cash and Cash Equivalents		(728	)		(4,480	)		1,776
CASH AND CASH EQUIVALENTS, beginning of period			2,504			4,480			-
CASH AND CASH EQUIVALENTS, end of period		$	1,776		$	-		$	1,776
See accompanying notes to unaudited condensed financial statements which are an integral part of these financial statements.

Notes to Financial Statements

7June 30, 2010

NEW GREEN TECHNOLOGIES INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

March 31, 2010 (UNAUDITED)

NOTE 1 - DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

OnOverview January 10, 2003, Home Services International, Inc. (“HSVI”) was merged from a prior company. HSVI intended to acquire, establish joint ventures and develop such businesses. HSVI was presented with a business plan for a unique alternative energy technology by the management of ~~Internal Command International (“ICI”), a Florida based private entity. HSVI felt that~~ the Energy Commander technology for low impact hydro power production presented a unique opportunity. HSVI saw ICI’s technology as fulfilling a unique niche in the energy market. Thus, HSVI sought to acquire the technology and related expertise through the reverse merger process.Company:

OnSpur ~~January~~Ranch, 2Inc. “The Company” (formerly New Green Technologies, ~~2004~~Inc) is a development stage company that was incorporated under the laws of the state of Nevada on December 31, ~~ICI~~1996. ~~entered~~The ~~into~~Company is currently undergoing a ~~merger~~major ~~agreement~~shift ~~with~~in ~~HSVI~~its business focus. ~~HSVI~~The ~~issued~~Company, 27which is currently a developer of technology and devices for green energy,~~500~~ bio-fuel,~~000~~ ~~shares~~and ofenergy ~~its~~products ~~Series~~,has Anot ~~Preferred~~been ~~stock~~profitable since inception. Due to ~~the~~significant ~~shareholders~~historical oflosses, ~~ICI. In~~low ~~connection~~energy ~~with~~prices ~~this~~and ~~acquisition~~a limited market for the Company’s offerings, the ~~merged~~Company ~~companies’~~intends ~~name~~to ~~was~~diversify ~~changed~~its business into other areas which can provide the opportunity to ~~Internal~~create ~~Hydro~~near ~~International,~~term ~~Inc~~revenue. ~~(“IHDR”). On~~The ~~February~~Board 4,of ~~2004,~~Directors and majority of the Company’s ~~domicile~~shareholders ~~was~~voted ~~changed~~on July 23, 2010 to ~~Florida. ICI~~bring ~~was~~in ~~not~~new Management and new Board Members to adopt a ~~related~~new ~~party~~business strategy and reorganize the Company around this strategy. Pursuant to a new business plan adopted by the Company on August 1, 2010, the Company aims to do the following:

AsA) aEvaluate ~~result of~~ the ~~merger~~energy ~~transaction~~and ~~with~~green ~~HSVI,~~energy ~~the~~technology ~~former~~portfolio ~~ICI~~and ~~stockholders~~business ~~obtained~~offerings ~~control~~to ofdetermine ~~HSVI's~~an ~~voting~~appropriate ~~stock~~operating strategy. ~~For~~This ~~financial~~may ~~accounting~~include ~~purposes,~~continued investment and development into the ~~acquisition~~processes, ~~was~~technologies, adevices ~~reverse~~or ~~acquisition~~sales ofchannels ~~HSVI,~~or ~~under~~it may include the ~~purchase~~divestiture, ~~method~~sale or liquidation of ~~accounting,~~the alternative energy assets and ~~was~~business. ~~treated~~The asCompany will continue to operate this line of business until a ~~recapitalization~~decision ~~with~~has ~~ICI~~been asmade by the ~~acquirer~~Board of Directors.

Diversify and expand the business into the area of the acquisition and development of real estate, and real estate related to equestrian and polo communities as well as polo and equestrian venues, events and media. It is the intent of the Company to develop these properties on an international scale, using alternative energy technologies to create sustainable residential and leisure environments related to the equestrian marketplace. The Company plans to earn money from developing unique and affordable polo-themed real estate communities, equestrian facilities and operations, polo “reality based” television programming, polo tournaments and match competitions, and merchandising. It is the goal of the Company to bring polo to the broader market. The Company has changed its name to Spur Ranch, Inc. to reflect this new business focus.

Since inception we have incurred significant losses and have an accumulated deficit in our retained earnings of $19,471,766. As of June 30, 2010 we have only $10,287 in cash and cash equivalents. We are undergoing a shift in our business strategy and currently do not have sufficient funds to execute this strategy. We will need to raise additional funds and we cannot be certain that additional financing will be available at terms satisfactory to us or at all. These consolidated financial statements do not include any adjustments to reflect this uncertainty.

We are a publicly traded company listed on the OTC Bulletin Board under the symbol “NGRN”. We have recently filed an application with FINRA to change our trading symbol to better reflect our new name.

Brief Corporate History:

The Company was originally established as Tel-Voice Communications, Inc. ("Tel-Voice") which incorporated under the laws of the State of Nevada on December 31, 1996. On June 30, 2000, Tel-Voice acquired Smartdotcom, Inc. ("SDC") in a transaction accounted for as a reverse merger whereby the Company retained the name Tel-Voice Communications, Inc. SDC had developed a technology that provided private electronic networks for labor unions and integrated communities. SDC’s business included subscribers which were members of the unions and communities to which SDC intended to provide the hardware, software and technical support required to setup and maintain the networks. However, SDC was never able to grow due to lack of capital and sustained losses.

In December 2002, the Company abandoned the business plan associated with the SDC business. On December 16, 2002, the Company closed a stock for debt exchange with our creditors effective on December 11, 2002 whereby all of the outstanding debt was converted to unregistered common stock at a conversion rate of one (1) share of common stock for each $0.45 of debt. On January 10, 2003, a majority of the shareholders approved (i) a reverse split of 28.9 shares of the old common stock for 1 share of new common stock effective January 13, 2003, (ii) the acquisition of a private entity name Home Services, Inc. and (iii) a name change to Home Services International, Inc.

Home Services International, Inc. (“HSVI”) intended to act as a holding company for service businesses related to home building and home buying that wanted to expand into national markets. HSVI intended to acquire, establish joint ventures and develop such businesses.

HSVI was presented with a business plan for a unique alternative energy technology by the management of Internal Command International (“ICI”), a Florida based private entity. HSVI believed that the Energy Commander technology for low impact hydro power production presented a unique opportunity. HSVI believed that ICI’s technology might fulfill a unique niche in the energy market. As a result, HSVI sought to acquire the technology and related expertise through the reverse merger process.

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 1 - DESCRIPTION OF BUSINESS AND SIGNIFCANT ACCOUNTING POLICIES - continued

On January 2, 2004, the Company entered into a merger agreement with ICI. HSVI (the Company) issued 27,500,000 shares of its Series A Preferred stock to the shareholders of ICI. In connection with this acquisition, the Company’s name was changed to Internal Hydro International, Inc. (“IHDR”). On February 4, 2004, the Company’s domicile was changed to Florida.

As a result of the merger transaction with HSVI, the former Company stockholders obtained control of HSVI's voting stock. For financial accounting purposes, the acquisition was a reverse acquisition of HSVI, under the purchase method of accounting, and was treated as a recapitalization with the Company as the acquirer.

On February 20, 2007, we changed our name to Renewable Energy Resources, Inc.

On May 27, 2008 wethe Company changed ~~our~~its name to New Green Technologies, Inc. ("New Green," or ~~the Company~~“NGRN”)~~. We are a publicly traded company listed on the OTC Electronic Bulletin Board. Our Symbol changed on July 3~~, ~~2008~~ to ~~our current symbol "NGRN". The symbol and name change~~ reflect the Company’s broader range of business endeavors to include the development of energy, green energy and ~~biofuel~~bio-fuel projects. ~~Our offices are located at 19337 US Highway19 North, Suite 525 Clearwater, Florida 33764. Our website is www.newgreentech.us.~~

On July 23, 2010 the Company’s Board of Directors and a Majority of its shareholders voted to change its name to “Spur Ranch” and file an application with FINRA to changes its trading symbol.

Recent Events:

Subsequent to the balance sheet date, the Company has adopted a new business plan whereby the Company intends to diversify its business into other areas which, in its belief, can provide the opportunity to create near term revenue.

Pursuant to a this newly adopted business plan, the Company will add to its operational strategy the acquisition and development of real estate, and real estate related to equestrian communities as well as equestrian and polo related media, events, technologies, and game development. It is the intent of the Company to develop these properties nationally, using alternative energy technologies to create sustainable residential and leisure environments related to the equestrian marketplace. The Company intends to establish these businesses under the brand “Spur Ranch” to which it is changing its name to reflect this new business

On July 23, 2010 the Board of Directors accepted the resignation of Mr. George Ring as the Company’s Chief Executive Officer and nominated Mr. Andrew Stack (age 39) to this position. Mr. Jeremy G. Stobie (age 34) assumed the position of Chief Financial Officer (CFO). There were no material disagreements or matters between any of the Parties.

On July 23, 2010 the Board of Directors and a Majority of the Company’s shareholders approved a 1:3,500 reverse stock split of the Company’s common shares. The anticipated effective date of this split is 08/20/2010.

The table below demonstrates the effect of this split to the common and preferred shares:

	Common Shares Issued and Outstanding 06/30/2010		Preferred Shares Issued and Outstanding 06/30/2010
Before Reverse Split		140,262,855		29,517
After Reverse Split		40,075		29,517

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 1 - DESCRIPTION OF BUSINESS AND SIGNIFCANT ACCOUNTING POLICIES - continued

The table below demonstrates the effect of this split on Basic Net Loss Per Common Shares:

	Basic Net Loss Per Common Share 3 Months Ended June 30, 2010	Basic Net Loss Per Common Share 6 Months Ended June 30, 2010
Before Reverse Split	(.001)	(.001)
After Reverse Split	(34.79)	(39.59)

All Share amounts in the financial statements, footnotes to the financial statements and management’s discussion and analysis have been adjusted for this reverse stock split.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Basis of Presentation

The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information. Accordingly they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three month and six month periods ended June 30, 2010 are not necessarily indicative of the results that may be expected for the year ended December 31, 2010. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009. The balance sheet at December 31, 2009 has been derived from audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

Fair Value of Financial Instruments

The carrying ~~amount~~values of our cash, ~~accounts~~and ~~payable~~cash equivalents, ~~notes~~and ~~payable~~deposits ~~and~~approximate ~~accrued~~their fair value due to their short-term nature. As a basis for determining the fair value of certain of our assets and liabilities, aswe ~~applicable,~~established ~~approximates~~a three tier fair value ~~due~~hierarchy towhich prioritizes the ~~short~~inputs ~~term~~used ~~nature~~in ofmeasuring ~~these~~fair ~~items~~value as follows: (Level I): observable inputs such as quoted prices in ~~accordance~~active ~~with~~markets; (Level II) inputs other than the ~~provisions~~quoted ofprices ~~ASC~~in ~~820~~active ~~“Fair~~markets ~~Value~~that ~~Measurements~~are observable either directly or indirectly; and ~~Disclosure”~~(Level III) unobservable inputs in which there is little or no market data which requires us to develop our own assumptions. This hierarchy requires us to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. Our financial assets that are measured at fair value on a recurring basis consist only of cash equivalents.

Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.

As of June 30, 2010 the Company only has $10,287 of cash or cash equivalents.

Liquidity and Capital Resources

Since inception, the Company has faced and continues to face liquidity challenges resulting mainly from the lack of revenue and considerable operating losses. At present, the Company does not have access to an existing credit facility or working capital financing for its operations. The Company’s continued liquidity challenges were one of several significant factors leading to the decision to bring in new management and adopt a new business plan this year.

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 1 - DESCRIPTION OF BUSINESS AND SIGNIFCANT ACCOUNTING POLICIES - continued

The Company currently has insufficient cash to meet its short and long term obligations and will require financing. Unless the Company is able to secure additional financing or investment it will not be able to meet its known or reasonably likely future cash requirements it will not be able to continue to operate and may result in a total loss to its Shareholders. The Company is currently seeking capital to launch its new business plan, however, the ability of the Company to secure such capital is not certain.

Concentration of Credit Risk

The Company places its cash in what it believes to be credit-worthy financial institutions. However, cash balances may exceed FDIC insured levels at various times during the year. The Company has not experienced any loss in such accounts. There were no bank balances exceeding insured limits at ~~March~~June 3130, 2010 and December 31, 2009.

The Company has no accounts receivables or notes or loans receivable as June 30, 2010.

Revenue

~~There~~Revenues ~~was~~are norecognized ~~revenue~~when ~~generated~~services ~~during~~are rendered to customers, or when products have been sold to customers, and when a formal arrangement exists, the ~~quarters~~price ~~ended~~is ~~March~~fixed 31or determinable, ~~2010~~the delivery is completed, not other significant obligations of the Company exists and ~~2009~~collectability is reasonably assured.

There was no revenue generated during the three and six months ended June 30, 2010 and 2009.

Income Taxes

Income taxes are provided for based on the liability method of accounting pursuant to ASC 740-10 “Income Taxes”. Deferred income taxes, if any, are recorded, using enacted tax rates expected to apply, to reflect the tax consequences on future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end.

NEW GREEN TECHNOLOGIES INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

March 31, 2010 (UNAUDITED)

NOTE 1 - DESCRIPTION OF BUSINESS AND SIGNIFCANT ACCOUNTING POLICIES - continued

Loss Per Share

The Company calculates earnings per share in accordance with ASC 260 "Earnings Per Share," which requires presentation of basic earnings per share ("Basic EPS") and diluted earnings per share ("Diluted EPS"). The computation of Basic EPS is computed by dividing loss available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period. The computation of Diluted EPS does not assume conversion, exercise or contingent exercise of securities that would have an anti-dilutive effect on earnings. As of March 31, 2010 and 2009, there were 2,100,000 warrants, but no stock options outstanding.

The computation of Diluted EPS does not assume conversion, exercise or contingent exercise of securities that would have an anti-dilutive effect on earnings. A total of 600 warrants to purchase shares of common stock were outstanding and excluded from the loss per share calculation at June 30, 2010.

Comprehensive Income or Loss

Comprehensive loss includes all changes in equity (net assets) during a period from non-owner sources. Through June 30, 2010, there are no components of comprehensive loss which are not included in net loss; therefore, a separate statement of comprehensive loss has not been presented. Comprehensive loss for three and six months ended June 30, 2010 was $1,174,918 and $1,256,931 respectively.

Stock Based Compensation

The Company is subject to the provisions of ASC 718 “Stock Compensation” which prescribes the recognition of compensation expense based on the fair value of options on the grant date. ASC 718 allows companies to continue applying APB 25 if certain pro forma disclosures are made assuming hypothetical fair value method, for which the Company uses the Black-Scholes option-pricing model. For non-employee stock based compensation, the Company recognizes an expense in accordance with ASC 718 and values the equity securities based on the fair value of the security on the date of grant unless a contract states otherwise. For stock-based awards the value is based on the market value for the stock on the date of grant and if the stock has restrictions as to transferability a discount is provided for lack of tradability. Stock option awards are valued using the Black-Scholes option-pricing model. The Company uses the fair value based method of accounting for its stock option plans. The Company expenses stock options and other share-based payments.

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 1 - DESCRIPTION OF BUSINESS AND SIGNIFCANT ACCOUNTING POLICIES - continued

The Company recognized $75,000 and $120,000 of stock based compensation expenses for the 3 months and 6 months ended July 30, 2010 respectively.

Stock Compensation was paid to the following officers and directors during the second quarter in the following amounts:

	Original Compensation For the Quarter Ended		Actual Stock Based Compensation (Based on Closing Share Price as of Issue Date)		Shares Issued
George Ring, Former CEO	$	30,000	$	50,000		8,064,516
John Stanton, Dir.	$	45,000	$	75,000		12,096,774

The difference between the original compensation, which was recognized as compensation expense and actual stock based compensation of $50,000, was recognized as interest expenses for below market stock issuance.

The Company does not currently have an employee stock ownership plan (ESOP) but does intend to adopt one over the next 6 months.

Investments

Management reviews its investments, with the exception of financial instruments, at least annually and makes appropriate adjustments.

Advertising

The Company expenses advertising costs as incurred. The Company had no advertising expense in the ~~quarters~~three and six months ended ~~March~~June 3130, 2010 and 2009.

Recently Issued Accounting Pronouncements

~~Management~~In ~~has~~January ~~not~~2010, ~~identified~~the ~~any~~FASB ~~new~~issued ~~accounting~~updated ~~pronouncements~~guidance ~~that~~related ~~are~~to ~~expected~~the fair value measurements and disclosure which requires a reporting entity to ~~have~~disclose separately the amounts of significant transfers in and out of Level I and Level II fair value measurements and to describe the reasons for the transfers. In addition, in the reconciliation of fair value measurements using Level III inputs, a ~~material~~reporting ~~effect~~entity will be required to disclose information about purchases, sales, issuance and settlements on a gross rather than on a net basis. The updated guidance will also require fair value disclosures for each class of assets and liabilities and disclosures about the ~~Company’s~~valuation techniques and inputs used to measure fair value for both recurring and non-recurring Level II and Level III fair value measurements. The updated guidance is effective for interim or annual reporting periods beginning after December 15, 2009, except for the disclosures regarding the reconciliation of Level III fair value measurements, which are effective for fiscal years beginning after December 15, 2010 and for interim periods within those fiscal years. The adoption of this updated guidance did not have a material impact on our financial statements.

In April 2010, the FASB issued an accounting standard update which provides guidance on the criteria to be followed in recognizing revenue under the milestone method. The milestone method of recognition allows a vendor who is involved with the provision of deliverable to recognize the full amount of a milestone payment upon achievement, if, at the inception of the revenue arrangement, the milestone is determined to be substantive as defined in the standard. The guidance is effective on a prospective basis for milestones achieved in fiscal years and interim period within those fiscal years, beginning on or after June 15, 2010. Early adoption is permitted. We do not expect the adoption of the guidance to have a material impact on our financial statements.

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 2 - GOING CONCERN CONSIDERATION

Since its inception, the Company has suffered recurring losses from operations and has been dependent on existing stockholders and new investors to provide the cash resources to sustain its operations. During the ~~quarters~~three and six months ended ~~March~~June 3130, 2010 ~~and 2009~~, the Company reported net losses of $821,~~013~~174,918 and $~~184~~1,~~772~~256,931, respectively.

The Company’s long-term viability as a going concern is dependent on certain key factors, as follows:

	·	The Company’s ability to obtain adequate sources of outside financing to support near term operations and to allow the Company to continue forward with current strategic plans. Management acquired the CAVD technology in March of 2008 to allow a greater opportunity of sales and associated cash flow in addition to financing and capital raising plans.
	·	The Company’s ability to ultimately achieve revenue, adequate profitability and cash flows to sustain continuing operations.

·	The Company’s ability to obtain adequate sources of outside financing to support near term operations and to allow the Company to continue forward with current strategic plans.

·	The Company’s ability to ultimately achieve revenue, adequate profitability and cash flows to sustain continuing operations.

These factors indicate that the Company may be unable to continue as a going concern ~~for~~unless aadditional ~~reasonable~~capital ~~period~~is ~~of time~~secured. The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

NEW GREEN TECHNOLOGIES INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

March 31, 2010 (UNAUDITED)

NOTE 3 - RELATED PARTY TRANSACTIONS

For the ~~quarter~~three and six months ended ~~March~~June 3130, 2010, former officers and directors of the Company received noapproximately ~~common~~5,760 shares as ~~payment~~compensation offor their services. These shares were issued on Mr. George Ring, the Company’s former CEO and Mr. John Stanton, the Company’s Director. A related expense for these issuances was recorded [SEE NOTE 1].

We borrow funds from officers and stockholders from time to time.

~~Four~~Three individuals ~~named in Item 403 of Regulation S-B~~ have advanced usthe Company money for general and administrative expenses: Kenneth Brown a Past President, James Baker a former Director and James Thomas a former Director. [SEE NOTE 139].

As of ~~March~~ 31June 30, 2010, Mr. Thomas ~~was~~is owed a total of $45,000 of which is covered by a promissory note, Mr. Baker ~~was~~is owed $150,000 plus interest, and Mr. Brown ~~was~~is owed $2,500. During the three and six month periods ended, 3,454 shares were issued to Bulovatech, for settlement of note payable in the amount of $37,481. Bulovatech is controlled by Mr. John Stanton, a Director of the Company.

There are no repayment terms specified for these ~~loans~~notes except for Mr. Baker’s note which matures in full in 2012 and 20% annually if he so requests. The 20% portion for 2010 is shown as a current liability. As such, we have classified the balance of the loans as other liabilities.

NOTE 4 - STOCKHOLDERS' EQUITY

OnThe ~~October~~Company’s ~~12,~~Articles ~~2005,~~of ~~246,667~~Incorporation ~~shares~~authorize ~~were issued for~~ the ~~comprehensive~~issuance ~~Agreement~~of ~~for~~up ~~Licensing,~~to ~~Joint Venture Agreement~~200,000,000 ~~and~~shares ~~Manufacturing~~of ~~Agreement~~common stock, with ~~Regent~~a ~~Machine~~par ~~Products,~~value ~~LLC~~of $.001 ~~Additionally,~~and in the ~~quarter~~issuance ~~ended~~of ~~June~~up ~~30,~~to ~~2006~~70, 83000,~~333~~000 shares ~~were~~of ~~issued~~preferred ~~under~~stock, ~~this~~with ~~agreement.~~a par value of $.001. On ~~January~~March 2331, ~~2007,~~2008 ~~50,000~~the ~~shares~~Company ~~were~~authorized ~~issued. A~~a ~~total~~1:30 reverse of ~~380,000~~both ~~shares~~its ~~have~~Common ~~been~~and ~~issued~~Preferred ~~under~~shares. ~~this~~On ~~agreement~~July as23, ~~reflected~~2010 on the ~~Income~~Company ~~Statement~~authorized ~~under~~a ~~Research and Development.~~ 1:3,~~183,333~~500 ~~common~~reverse ~~shares~~stock ~~were~~split ~~issued~~ for ~~the~~its ~~purchase~~Common ofshares. ~~the~~The ~~CAVD~~Split ~~Technology~~will ~~and~~have ~~2,800,000~~an ~~common~~anticipated ~~shares~~effective ~~were~~date ~~issued~~of ~~for~~August ~~the~~20, ~~Plasma/BORS Technology~~2010.

InFor ~~2004 when~~ the ~~Company~~three ~~then~~months ~~known~~ended asJune ~~Televoice~~30, ~~Communication merged with Home Services International Inc.~~2010, ~~debts~~former ~~were~~officers ~~allegedly~~and ~~owed~~directors toof ~~Home Services international vendors. Home Services chose to pay~~ the ~~vendors by issuing common shares but failed to provide any supporting detail to support issuances. Since no records were turned over to the~~ Company toreceived ~~allow~~approximately ~~verification~~20,000,000 ~~the~~ shares ~~which~~as ~~had~~compensation ~~been~~for ~~issued~~their ~~in 2004 were held in escrow~~services. In 2008 it was determined with the advice of legal council that the most cost effective solution was to mail the certificates certified mail to the last known address. Those certificates returned to the Company would be turned over to the State of Florida as abandoned property.

OnThe ~~August 3, 2009 the~~ Company ~~entered into an Agreement with Bulova Technologies (BLVT) whereby BLVT would assume a portion of the debt owed to Craig Huffman for services performed~~ as ~~CEO and Director in the amount~~ of ~~$300~~June 30,~~000~~ in2010 ~~exchange~~has ~~for 20~~140,~~000~~262,~~000~~855 ~~144 restricted~~ common shares ofissued ~~the~~and ~~Company~~outstanding. InAdjusted ~~addition~~for ~~BLVT~~the ~~assumed~~1:3,500 areverse ~~portion~~split ofanticipated ~~the debt owed~~ to ~~James~~be ~~Thomas~~effective ~~for~~on ~~services~~August ~~rendered as Director in the amount of $125~~20,~~000~~ ~~in exchange for 8~~2010,~~333,333~~ ~~144 restricted common shares of~~ the Company. Inwill ~~addition~~have ~~the~~approximately ~~Company issued 3~~40,~~609,667~~075 ~~144~~common ~~restricted~~ shares toissued ~~Craig~~and ~~Huffman~~outstanding ~~for~~as ~~the balance~~ of ~~$54~~June 30,~~145~~ ~~owed him~~2010. The ~~James~~reverse ~~Thomas~~split ~~was~~amendment ~~issued~~included ~~1,333,333~~a ofprovision ~~144~~to ~~restricted~~round ~~shares~~up inpartial ~~exchange~~shares ~~for $20,000 owed~~ to ~~him~~the ~~and~~next awhole ~~Convertible Note for $45,000~~share.

~~NOTE~~The 5Company -as ~~COMMON~~of ~~AND~~June ~~PREFERRED~~30, ~~STOCK~~2010 has 29,517 preferred shares issued and outstanding.

The Company’s Articles of Incorporation authorize the issuance of up to 200,000,000 shares of common stock, with a par value of $.001 and the issuance of up to 70,000,000 shares of preferred stock, with a par value of $.001. On March 31, 2008 the Company authorized a 1:30 reverse of both its Common and Preferred shares.

NEW GREEN TECHNOLOGIES INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

March 31, 2010 (UNAUDITED)

NOTE 5 - COMMON AND PREFERRED STOCK - continued

COMMON STOCK

During the ~~quarter ended March 31~~year, ~~2010~~ the Company engaged in various transactions affecting stockholders’ equity, as follows:

The Company issues shares of common stock from time to time to compensate consultants as consideration for services rendered. These shares are valued at the trading value on the date of grant or per contract. For the three months ended March 31, 2010, a total of 1,573,244 shares of common stock were issued to 1 organization as payment for services totaling $9,000.

For the three months ended March 31, 2010, 4,464,286 shares of common stock were issued as repayment for Notes Payable. Notes Payable are interest bearing and the interest is prepaid by discounted stock valued as of the date of the Note. Pursuant to the terms of the Note, if the Note cannot be repaid within a specified time period, then restricted shares are issued to the lender equal to the amount of the Note. The shares are discounted approximately 50% as an inducement.12

OnSPUR ~~December 15~~RANCH, ~~2009 the Company entered into a Secured Convertible Note for $50,000 with Asher Enterprises Inc at an interest rate of 8%~~INC. ~~The Transfer Agent (Island Stock Transfer) was instructed as a part of the Agreement, to reserve 17,441,860 common shares. This Convertible Note is included in our Notes Payable.~~

Notes to Financial Statements

June 30, 2010

NOTE 5 – COMMON AND PREFERRED STOCK – continued

These shares are valued at the trading value on the date of grant or per contract. For the three and six month periods ended June 30, 2010, a total of 0 and 449 shares of common stock, respectively, were issued to consultants as payment for services totaling $9,000.

For the three and six month periods ended June 30, 2010, 2,407 and 3,683 shares of common stock were issued, respectively, as repayment for Notes Payable. Notes Payable are interest bearing and the interest is prepaid by discounted stock valued as of the date of the Note. Pursuant to the terms of the Note, if the Note cannot be repaid within a specified time period, then restricted shares are issued to the lender equal to the amount of the Note. The shares are discounted approximately 50% as an inducement. A corresponding interest expense of was recorded for the below market portion of the conversion.

The amount of stock issued in relief of Notes payable included 837 shares to Asher Enterprises Inc. for a value of $7,500. On December 15, 2009 the Company entered into a Secured Convertible Note for $50,000 with Asher at an interest rate of 8%. The Transfer Agent (Island Stock Transfer) was instructed as a part of the Agreement, to reserve 4,983 common shares. A corresponding interest expense was recorded for the below market portion of the conversion.

For the six month period ended June 30, 2010, 7,645 shares of common stock were issued, as payment for services rendered from related parties. Total value of the stock issued was $199,962.

PREFERRED STOCK

The Company's ~~has~~is ~~designated~~authorized ~~the~~to ~~issuance~~issue of up to 70,000,000 shares of Series A Convertible Preferred Stock, with a par value of $.001. Series A Convertible Preferred Stock can be exchanged at the option of the stockholder into shares of common stock at the rate of one share of Series A Convertible Preferred Stock for one share of Common Stock at any time after the first anniversary of the original date of issuance. The Series A Convertible Preferred Stock shall rank, as to dividends and upon liquidation senior and prior to the Company’s Common Stock and to all other classes or class of stock issued by the Company, except as otherwise approved by the affirmative vote or consent of the holders of a majority of the shares of Series A Convertible Preferred Stock. In addition, so long as any share of Series A Convertible Preferred Stock shall be outstanding, the holders of such convertible preferred stock shall be entitled to receive out of any funds legally available, when, as and if declared by the Board of Directors of the Company, preferential dividends at the rate of ten percent (10%) per annum, payable upon the first anniversary date of the original issue date, then quarterly with payment to be made in either cash or in the issuance of additional share of Series A Convertible Preferred Stock. Such dividends shall be cumulative and begin to accrue from the original issue date, whether or not declared and whether or not there shall be net profits or net assets of the Company legally available for the payment of those dividends. To date, no dividend has been declared by the Board of Directors. The Series A Convertible Preferred stockholders shall be entitled to vote on all matters requiring a shareholder vote of the Company. Each Series A Convertible Preferred shareholder of record shall have one vote for each share of Series A Convertible Preferred stock outstanding. During 2006, 6,112,265 preferred shares were converted to common stock. On December 31, 2006 there were 1,055,180 shares of preferred outstanding. During 2007, 200,000 preferred shares were converted to common stock. On December 31, 2008 there were 29,506 shares of preferred outstanding. During 2009 no preferred shares were converted to common shares. On March 31, 2010 and 2009 there were 29,506 shares of preferred stock outstanding.

~~There~~As ~~was~~of $1June 30,~~890~~ in2010 ~~unpaid~~ and ~~undeclared~~December ~~cumulative dividends accrued during the quarter ended March~~ 31, ~~2010.~~2009, ~~Total~~there ~~cumulative~~were ~~dividends~~29,517 ~~unpaid~~shares ~~and undeclared as~~ of ~~March~~preferred ~~31, 2010 are $481,996~~outstanding.

There were $0 and $1,890 in unpaid and undeclared cumulative dividends accrued during the three and six month periods ended June 30, 2010, respectively. Total cumulative dividends unpaid and undeclared as of June 30, 2010 are $481,996.

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 6 - PROPERTY AND EQUIPMENT

Depreciation is recorded on a straight-line basis over the estimated useful lives of the assets of 3 to 5 years. Depreciation expense for the ~~quarters~~three months ended ~~March~~June 3130, 2010 and 2009 was $6,552 and $6,551, respectively. For the six months ended June 30, 2010 and 2009, depreciation expense was $13,104 and $8,786, respectively. Property and equipment consisted of the following at ~~March~~June 3130, 2010:

	March 31, 2010
	June 30, 2010
	Cost		Accumulated Depreciation
CAVD Unit	$	100,000	$	4045,~~002~~003
BORS/ PLASMA EQUIPMENT		36,000		910,~~600~~800
Computers and Equipment		41,266		3839,~~695~~046
Total	$	177,266	$	8894,~~297~~849

11NOTE 7 – INTANGIBLES AND ASSET IMPAIRMENT

~~NEW~~We ~~GREEN~~evaluate ~~TECHNOLOGIES~~our ~~INC~~long-lived assets for indicators of possible impairment when events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment exists if the carrying amount of such assets exceeds the estimates of future net undiscounted cash flows expected to be generated by such assets. Should impairment exist, the impairment loss would be measured based on the excess carrying value of the asset over the asset’s estimated fair value.

(AAs ~~Development~~a ~~Stage~~result of continuing challenges in the deployment and sale of the Company)’s technologies as well as a new business focus by the Company’s Management and Board of Directors, the Company reviewed its inputs used to determine the fair value of several of its long-lived intangibles.

~~NOTES~~Accordingly, TOthe ~~FINANCIAL~~Company ~~STATEMENTS~~evaluated the ongoing value CAVD Technology, BORS/Plasma Technology and New Green Technologies. Based on this evaluation, the Company determined that long lived assets with a carrying amount of $957,667 were no longer recoverable and were in fact impaired. The Company reduced the carrying value of these assets to fair value, a total of $4, and recorded a corresponding impairment charge of $957,663 for the period ending June 30, 2010. Fair value was based on an analysis of expected future cash flows using Level 3 inputs under ASC 820. The cash flows are those expected to be generated by the market participants, discounted at the risk free rate of interest.

~~March~~Balances 31as of June 30, 2010 ~~(UNAUDITED)~~and December 31, 2009 are as follows:

NOTE 7 - INTANGIBLES

	June 30, 2010		December 31, 2009

CAVD TECHNOLOGY	$	1	$	645,667
BORS/PLASMA TECHNOLOGY		2		300,000
New Green Technologies		1		12,000
Total	$	4	$	957,667

The Company has reviewed ASC 350-30-35-3 in reaching its conclusion that the intangible assets of CAVD and BORS/PLASMA have indefinite lives. For the CAVD there are no legal, regulatory or contractual limitations. There are other technologies seeking to satisfy the same market needs, but none have commercial units nor is their technology the same. From an economic stand point the CAVD is more cost effective and has the capability of serving a wider range of markets. For the BORS/PLASMA there are no legal, regulatory or contractual limitations. The BORS is a unique process which has economic value with the increase in oil prices. The current price levels need to rise for the market/ demand to merit investing in marketing and production. The PLASMA technology has no legal, regulatory or contractual limitations. The PLASMA technology can be integrated with the CAVD in applications where hazardous byproducts result and need to be disposed of in a continuous closed operation.14

~~Balances~~SPUR ~~as of March 31~~RANCH, ~~2010 and December 31, 2009 are as follows:~~INC.

	March 31, 2010			December 31, 2009
CAVD TECHNOLOGY	$	645,667	$	645,667
BORS/PLASMA TECHNOLOGY		300,000		300,000
New Green Technologies		12,000		12,000
Total	$	957,667	$	957,000

Notes to Financial Statements

~~Catalytically~~June Activated Vacuum Distillation (CAVD) employs thermal cracking under vacuum for waste remediation and the production of alternative fuels from various solid feed stocks. Applications include automobile shredder waste30, biomass including tobacco waste, citrus waste and distillers grains, textiles including carpet waste, and plastics. Depending on the feedstock, the system can be tailored to recover marketable gaseous, solid and liquid end-products. The system can be configured for waste remediation or waste to energy, depending on the user’s needs and feedstock. In biomass utilization, tests have shown the CAVD to produce liquid fuels with much higher caloric value than seen for similar technologies.2010

~~The~~NOTE ~~Balanced~~7 ~~Oil~~– ~~Recovery~~INTANGIBLES ~~System~~AND ~~(BORS~~ASSET ~~Lift)~~IMPAIRMENT ~~is a device to recover petroleum from shallow, low~~-~~volume~~ stripper wells (10 barrels per day or less). By lifting oil rather than pumping, the BORS Lift eliminates conventional rods, tubing, downhole pumps or pumping units and related maintenance costs, and allows recovery of the oil while leaving water present in the well behind.continued

~~Submerged~~Analysis ~~Plasma Arc Pyrolysis (PLASMA) is designed to recycle a variety~~ of ~~liquid~~Impairment ~~materials into a clean burning, combustible fuel. Some of the materials for which this unit was designed to convert to a useful, combustible gas include~~Loss: chemical/hydrocarbon contaminated soil effluent, PCB contaminated transformer oil, water/land-based oil spills, refinery pit oil, antifreeze, solvents, processing oils, hazardous runoff water, paint sludge, crankcase sludge, bilge water, tank bottoms, and chemical wash water.

	CAVD		BORS/PLASMA		NEW GREEN
	TECHNOLOGY		TECHNOLOGY		TECHNOLOGIES

Original Carrying Amount	$	645,667	$	300,000	$	12,000

Estimated Cash Flow Attributable to Future Operations		0		0		0

Fair Value		1		2		1

Impairment Loss	$	645,666	$	299,998	$	11,999

NEW GREEN TECHNOLOGIES INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

March 31, 2010 (UNAUDITED)

NOTE 7 - INTANGIBLES - continued

All three technologies have been proven out and the Company is still in the process of testing them to determine the best way for them to be brought to market. We expect them to be brought to market in 2011 and 2012.

The impairment analysis for CAVD Technology as an intangible asset with an indefinite life per ASC 360-10-35-21 is as follows:

We performed an impairment analysis on the CAVD Technology over at least the next seven years and ~~expect Revenues~~cannot toestimate beany ~~at least $56,000,000 with~~ resulting cash flow from operations tofor bethe atdeterminable ~~least~~future ~~$16,800,000~~or for this period. ~~Revenue~~Therefore, ~~and~~the ~~net~~Company ~~income~~has ~~for~~written ~~the~~down ~~CAVD~~this isasset ~~expected~~ to ~~begin~~a invalue ~~2011~~of One Dollar.

An impairment expense of $645,666 was recognized in the current period, as an operating expense.

The impairment analysis for BORS Technology as an intangible asset with an indefinite life per ASC 360-10-35-21 is as follows:

We performed an impairment analysis on the BORS LIFT Technology over at least the next seven years and ~~expect~~cannot ~~Revenues~~estimate toany ~~be at least $5,595,450 with~~ resulting cash flow from ~~operation~~operations tofor bethe atdeterminable ~~least~~future ~~$1,165,719~~or for this period. ~~Revenue~~Therefore, ~~and~~the ~~net~~Company ~~income~~has ~~for~~written ~~the~~down ~~BORS~~this ~~LIFT~~asset isto ~~expected~~a tovalue ~~begin~~of inOne ~~2012~~Dollar.

An impairment expense of $149,999 was recognized in the current period, as an operating expense.

The impairment analysis for PLASMA Technology as an intangible asset with an indefinite life per ASC 360-10-35-21 is as follows:

We performed an impairment analysis on the PLASMA Technology over at least the next seven years and ~~expect~~cannot ~~Revenues~~estimate toany ~~be at least $12,000,000 with~~ resulting cash flow from ~~operation~~operations tofor bethe atdeterminable ~~least~~future ~~$2,400,000~~or for this period. ~~Revenue~~Therefore, ~~and~~the ~~net~~Company ~~income~~has ~~for~~written ~~the~~down ~~PLASMA~~this ~~Technology~~asset isto ~~expected~~a tovalue ~~begin~~of inOne ~~2012~~Dollar.

An impairment expense of $149,999 was recognized in the current period, as an operating expense.

The impairment analysis for New Green Technologies as an intangible asset with an indefinite life per ASC 360-10-35-21 is as follows:

We performed an impairment analysis on the New Green Technologies over at least the next seven years and cannot estimate any resulting cash flow from operations for the determinable future or for this period. Therefore, the Company has written down this asset to a value of One Dollar.

An impairment expense of $11,999 was recognized in the current period, as an operating expense.

SPUR RANCH, INC.

Notes to Financial Statements

June 30, 2010

NOTE 8 - STOCK OPTIONS

There were no stock options granted nor were there any pro forma effect of the vesting of options granted in the three ~~months~~and six month periods ended ~~March~~June 3130, 2010 or in the ~~previous~~year ~~periods in the years~~ ended December 31, 2009 ~~and 2008~~.

NOTE 9 - ~~INCOME~~SHAREHOLDER ~~TAXES~~LOANS

~~The~~As ~~Company~~of ~~has~~June no30, ~~income~~2010 ~~tax~~and ~~provision~~December or31, ~~benefit~~2009, in the ~~three~~Company ~~months~~had ~~ended~~outstanding ~~March~~loans 31from two former directors who are also shareholders totaling $195,000. ~~2010~~The ~~and~~loan ~~2009~~for ~~and~~$150,000 inis ~~the~~a five year ~~ended~~note ~~December~~with ~~31,~~a ~~2009.~~maturity ~~Prior~~of toAugust ~~the~~2012. It ~~merger~~has ~~transaction~~annual ~~with~~options ~~HSI~~for the ~~Company~~note ~~elected~~maker to bereceive ~~treated~~up asto an20 ~~S-Corporation~~percent asrepayment ~~prescribed~~if ~~under~~he ~~Section~~elects. The ~~1362~~second loan of ~~the~~$45,000 ~~Internal~~is ~~Revenue~~evidenced ~~Code~~by a promissory note with no repayment date.

~~During~~NOTE ~~the~~10 ~~quarter~~– ended March 31, 2010 and the year ended December 31, 2009 the Company generated a tax benefit related to operating loss carry forward of $32,436 and $354,473 respectively that was equally offset by a valuation allowance.LEGAL

AtOn ~~December~~April 3123, ~~2009,~~2008 the Company ~~had~~received ~~federal~~notice ~~net~~of ~~operating~~a ~~loss~~lawsuit ~~carry~~which ~~forwards~~was offiled ~~approximately~~in ~~$6,628,020~~the ~~that~~State ~~expire~~of ~~from~~Alabama ~~2010~~against tothe ~~2027~~Company and ~~state~~several ~~net~~other ~~operating~~defendants. ~~loss~~The ~~carry~~Plaintiff ~~forwards~~in ofthe ~~approximately~~case ~~$1,168,327~~is ~~that~~GA ~~expire~~Energy ~~from~~LLC ~~2010~~(GA toEnergy). ~~2012~~et al v. ~~Substantially~~ ~~all~~Earthfirst ofTechnologies, ~~the~~Inc ~~deferred~~et ~~income~~al; ~~tax~~CV2008-900053. GA ~~asset~~Energy is seeking the return of a $7200,~~796,347~~000 ~~relates~~partial topayment ~~income~~made ~~tax~~for ~~benefits~~technology. ~~from~~On ~~net~~June ~~operating~~6, ~~loss~~2008, ~~carry~~the ~~forwards.~~Company ~~Because~~sent ofa Demand Letter for $150,000, the ~~change~~balance of ~~control~~the ~~issues~~monies owed under ~~Section~~the ~~382~~contract. On ofJuly 14, 2008, the ~~Internal~~Company ~~Revenue~~filed ~~Code~~suit ~~and~~in Florida under the ~~current~~same ~~uncertainty~~contract seeking performance by GA Energy LLC. The Company filed this lawsuit in Hillsborough against GA Energy for failing to respond to a June 6, 2008 demand letter for payment of ~~realizing~~$150,000 as described in a 2006 technology contract. Management believes the ~~benefits~~Company will be successful in it pursuit of ~~the~~GA ~~tax~~Energy ~~carry~~LLC. On ~~forward~~February 18, 2009 an ~~equal~~Order ~~valuation~~was ~~allowance~~entered ~~has~~in ~~been~~the ~~established.~~Circuit ~~The~~Court ~~full~~of ~~realization~~Morgan ofCounty, Alabama to dismiss the ~~tax~~suit ~~benefit~~on ~~associated~~the ~~with~~basis of improper venue. The dismissal was without prejudice. If the ~~carry~~suit ~~forward~~is ~~depends~~refilled ~~predominantly~~in ~~upon~~the proper venue and the Company's ~~ability~~were to ~~generate~~lose ~~taxable~~this ~~income~~litigation ~~during~~it ~~the~~would ~~carry~~have ~~forward~~a ~~period.~~material ~~Significant~~and ~~components~~adverse ofaffect ~~the~~on ~~Company’s~~its ~~deferred~~financial ~~tax~~condition ~~assets~~to ~~were~~include asthe ~~follows:~~potential insolvency of the Company.

	March 31, 2010			December 31, 2009
Net operating losses	$	18,296,848		$	18,214,835
Total deferred tax assets		7,828,783			7,796,347
Valuation allowance		(7,828,783	)		(7,796,347	)
Net deferred tax assets	$	-		$	-

On December 5, 2008 the Company received notice of a lawsuit which was filed in the State of Florida against the Company. The Plaintiff in the case is Hyepong Cain et al v New Green Technologies Inc Case No: 08-CA-08406. Hyepong Cain is seeking repayment of a July 22, 2004 loan of $20,000 plus interest.

~~The~~NOTE ~~valuation~~10 ~~allowance~~– ~~increased by $32,436 and $354,473 during the periods ended March 31, 2010 and December 31, 2009 respectively.~~LEGAL

13On June 11, 2010 the Company received notice of a lawsuit which was filed in the State of Florida against the Company. The Plaintiff in the case is William Maloney, Chapter 11 Trustee v. New Green Technologies, Inc. f/k/a Renewable Energy Resources, Inc., U.S. Sustainable Energy Corporation, and U.S. Energy Initiatives Corporation Case 8:10-ap-00790-MGW. Mr. Maloney is seeking to recover fraudulent transfers, for breach of contract, and for unjust enrichment. Management intends to defend this lawsuit, provided that is has funds sufficient to pay for the defense. In the event that this litigation is lost by the Company, it will lose a significant amount of its assets which will have a material and adverse affect on its financial condition, to include the potential insolvency of the Company.

~~NEW~~NOTE ~~GREEN~~11 ~~TECHNOLOGIES~~– ~~INC.~~COMMITMENTS CONTINGENCIES

(AEmployment ~~Development Stage Company)~~Agreements

~~NOTES~~The TOCompany ~~FINANCIAL~~has ~~STATEMENTS~~retained a new CEO, W. Andrew Stack, and a new CFO Mr. Jeremy G. Stobie.. Employment agreements for both officers are currently being negotiated. Due to the poor financial condition of the Company both officers agreed to begin working immediately without a cash payment or contract, pending however, that such contract negotiations are resolved prior to August 31, 2010. The provisions of the individual agreements being discussed currently (these have not been adopted) are as follows:

March 31, 2010 (UNAUDITED)

	Position	Estimated Contract Date	Term	Salary		Options	Price	Vesting
Mr. W. Andrew Stack	CEO	08/20/2010	3-Year	$	180,000	Unknown	Unknown	Unknown
Mr. Jeremy G. Stobie	CFO	08/20/2010	3-Year	$	100,000	Unknown	Unknown	Unknown

~~NOTE~~In 10the -event ~~COMMITMENTS~~that ~~AND~~the ~~CONTINGENCIES~~Company cannot come to agreement with Messrs. Stack and Stobie then the Company will have no management and will need to find replacement management and board members. The Company expects that these individuals will also be granted certain restricted stock as well as options, however, the details of such grants are unknown at this time. In the event that the Company does not have sufficient cash to pay the salaries of Messrs. Stack and Stobie, then at their option Messrs. Stack and Stobie may accept shares of the Company’s common stock for their services. Legal

InAs ~~2004~~described ~~when~~in ~~the~~Note ~~Company~~10, ~~then~~William ~~known as Televoice Communication merged with Home Services International Inc.~~Maloney, ~~debts~~Chapter ~~were~~11 ~~allegedly~~Trustee ~~owed~~has tofiled ~~Home~~a ~~Services~~lawsuit ~~International~~against ~~vendors. Home Services chose to pay~~ the ~~vendors~~Company byseeking ~~issuing common shares but failed~~ to ~~provide~~recover ~~any~~certain ~~supporting~~alleged ~~detail~~fraudulent totransfers, ~~support~~namely ~~issuances. Since~~most noof ~~records were turned over to~~ the Company’s toproperty ~~allow~~and ~~verification~~equipment, the ~~shares~~CAVD ~~which~~unit ~~had~~and ~~been~~the ~~issued~~BORS/Plasma ~~in 2004 were held in escrow~~reactor. InIf ~~2008,~~the itCompany ~~was~~loses ~~determined~~this ~~with~~lawsuit ~~the~~then ~~advice~~substantially all of ~~legal council, that~~ the ~~most~~Company’s ~~cost~~assets ~~effective~~will ~~solution~~be ~~was~~lost towhich ~~mail~~will ~~the~~have ~~certificates~~a ~~certified~~material ~~mail~~adverse toeffect ~~the~~on ~~last known address. Those certificates returned to~~ the Company ~~were~~’s ~~turned~~already ~~over~~poor tofinancial ~~the State of Florida as abandoned property~~position.

~~NOTE 11 - LOSS PER SHARE~~16

Outstanding warrants were not considered in the calculation for diluted earnings per share for the three months ended on March 31, 2010 and 2009 because the effect of their inclusion would be anti-dilutive.

Warrants to purchase 2,100,000 shares of common stock were outstanding and excluded from the loss per share calculation at March 31, 2010 and December 31, 2009.

NOTE 12 - INVESTMENTS

In July of 2004 the Company invested $68,750 in Kenetic Energy Inc. As part of its review of Investments the Company learned that Kenetic Energy had closed its doors and therefore the Investment was written off in 2009.

NOTE 13 - SHAREHOLDER LOANS

As of March 31, 2010, the Company had outstanding loans from two former directors who are shareholders totaling $195,000. The loan for $150,000 is a five year note with a maturity of August 2012. It has annual options for the note maker to receive up to 20 percent repayment if he elects. The second loan of $45,000 is evidenced by a promissory note with no repayment date.

NOTE 14 – LEGAL

On March 14, 2007, a lawsuit was filed in the Circuit Court of the Thirteenth Judicial Circuit of the State of Florida, in and for Hillsborough County Circuit Civil Division (Case No.: 07-003056). The Plaintiff in the case was Lior Segal, the former CFO of Renewable Energy Resources, Inc. and the defendant is Renewable Energy Resources, Inc.

Mr. Segal claimed he was owed compensation of $4,500 for his work while employed by Renewable Energy Resources, Inc. and in addition, he had taken restricted shares of stock in lieu of cash compensation and since he is no longer with the Company, would like to return the restricted shares of stock and receive $22,500 in cash compensation in lieu of the restricted stock.

A judgment in favor of Mr. Segal was rendered on January 28, 2008 in the amount of $27,000 plus interest and costs. Mr. Segal will be returning the shares that he had received.

On April 23, 2008 the Company received notice of a lawsuit which was filed in the State of Alabama against the Company and several other defendants. The Plaintiff in the case is GA Energy LLC. et al v. Earthfirst Technologies, Inc et al; CV2008-900053. GA Energy is seeking the return of a $200,000 partial payment made for technology. In June, the Company sent a Demand Letter for $150,000, the balance of the monies owed under the contract. On July 14, 2008, the Company filed suit in Florida under the same contract seeking performance by GA Energy LLC. The Company filed this lawsuit in Hillsborough against G A for failing to respond to a June 6, 2008 demand letter for payment of $150,000 as described in a 2006 technology contract. Management believes the Company will be successful in it pursuit of GA Energy LLC.

On February 18, 2009 an Order was entered in the Circuit Court of Morgan County, Alabama to dismiss the suit on the basis of improper venue. The dismissal was without prejudice.

On December 5, 2008 the Company received notice of a lawsuit which was filed in the State of Florida against the Company.

The Plaintiff in the case is Hyepong Cain et al v New Green Technologies Inc Case No: 08-CA-08406. Hyepong Cain is seeking repayment of a July 22, 2004 loan of $20,000 plus interest. The Company believes the case has no merit.

On January 26, 2010 a judgement was entered in County Court, Pinellas County Florida, Small Claims Division, against the Company for $5,000 Principal, $340 Cost and $487.50 Interest. The Plantiff was B&B Landscape Lighting, Inc. dba B&B Electrical Innovations.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation.

CAUTIONARY STATEMENT

The information in this report contains forward-looking statements. All statements other than statements of historical fact made in this report are forward looking. In particular, the statements herein regarding industry prospects, and future results of operations or financial position are forward-looking statements. These forward-looking statements can be identified by the use of such words such as “believes,” “estimates,” “could,” “possibly,” “probably,” “anticipates,” “projects,” “expects,” “may,” “will,” or “should,” or other variations of similar words. No assurances can be given that the future results anticipated by the forward-looking statements will be achieved. Forward-looking statements reflect management’s current expectations and are inherently uncertain. Our actual results may differ significantly from management’s expectations.

The following discussion and analysis should be read in conjunction with our financial statements, included herewith. This discussion should not be construed to imply that the results discussed herein will necessarily continue into the future, or that any conclusion reached herein will necessarily be indicative of actual operating results in the future. Such discussion represents on the best present assessment of our management.

DESCRIPTION OF BUSINESS

~~The~~Overview ~~following~~of ~~discussion and analysis should be read in conjunction with our financial statements and related footnotes for~~ the ~~years ended December 31, 2009 and 2008, filed on form 10K and Form 10K/A for 2008 with the SEC.~~Company:

~~GENERAL~~Spur Ranch, Inc. “The Company” (formerly New Green Technologies, Inc) is a development stage company that was incorporated under the laws of the state of Nevada on December 31, 1996. The Company is currently undergoing a major shift in its business focus. The Company which is currently a developer of technology and devices for green energy, bio-fuel, and energy products has not been profitable since inception. Due to significant historical losses and low energy prices and a limited market for the Company’s offerings, the Company intends to diversify its business into other areas which can provide the opportunity to create near term revenue. The Board of Directors and majority of the Company’s shareholders voted on July 23, 2010 to bring in new Management and new Board Members to adopt a new business strategy and reorganize the Company around this strategy. Pursuant to a new business plan adopted by the Company on August 1, 2010, the Company aims to do the following:

OnA) ~~January~~Evaluate ~~10,~~the ~~2003,~~energy ~~Home~~and ~~Services~~green ~~International,~~energy ~~Inc.~~technology ~~(“HSVI”)~~portfolio ~~was~~and ~~merged~~business ~~from~~offerings ~~a prior company. HSVI intended~~ to ~~acquire,~~determine ~~establish~~an ~~joint~~appropriate ~~ventures~~operating ~~and develop such businesses~~strategy. ~~HSVI~~This ~~was~~may ~~presented~~include ~~with~~continued ainvestment ~~business~~and ~~plan~~development ~~for~~into athe ~~unique~~processes, ~~alternative~~technologies, ~~energy~~devices ~~technology~~or bysales ~~the~~channels ~~management~~or ofit ~~Internal~~may ~~Command~~include ~~International~~the ~~(“ICI”)~~divestiture, asale ~~Florida~~or ~~based~~liquidation ~~private~~of ~~firm. HSVI felt that~~ the ~~Energy~~alternative ~~Commander~~energy ~~technology~~assets ~~for~~and ~~low~~business. ~~impact~~The ~~hydro~~Company ~~power~~will ~~production~~continue ~~presented~~to aoperate ~~unique~~this ~~opportunity. HSVI~~line ~~saw~~of ~~ICI’s~~business ~~technology~~until ~~as fulfilling~~ a ~~unique~~decision ~~niche~~has inbeen ~~the~~made ~~energy~~by ~~market. Thus, HSVI sought to acquire~~ the ~~technology~~Board ~~and~~of ~~related expertise through the reverse merger process~~Directors.

OnB) ~~January~~Diversify 2,and ~~2004,~~expand ~~ICI~~the ~~entered~~business into athe ~~merger~~area ~~agreement~~of ~~with~~the ~~HSVI.~~acquisition ~~HSVI~~and ~~issued~~development 27of real estate,~~500,000~~ ~~shares~~and ofreal ~~its~~estate ~~Series~~related Ato ~~Preferred~~equestrian ~~stock~~and topolo communities as well as polo and equestrian venues, events and media. It is the ~~shareholders~~intent of ~~ICI. In~~the ~~connection~~Company ~~with~~to ~~this~~develop ~~acquisition~~these properties in an international scale, using alternative energy technologies to create sustainable residential and leisure environments related to the ~~merged~~equestrian ~~companies’~~marketplace. ~~name~~The ~~was~~Company ~~changed~~plans to ~~Internal~~earn ~~Hydro~~money ~~International~~from developing unique and affordable polo-themed real estate communities, ~~Inc.~~equestrian (facility and operation, polo “~~IHDR”). On~~reality ~~February~~based 4television programming, ~~2004~~polo tournament and match competition, and merchandising. It is the goal of the Company’s ~~domicile~~to ~~was~~bring polo to the broader market. The Company has changed its name to ~~Florida~~Spur Ranch, Inc. ~~ICI~~ ~~was~~to ~~not~~reflect athis ~~related~~new ~~party~~business focus.

AsSince ainception ~~result~~we ofhave ~~the~~incurred ~~merger~~significant ~~transaction~~losses ~~with~~and ~~HSVI,~~have ~~the~~an ~~former~~accumulated ~~ICI~~deficit ~~stockholders~~in ~~obtained~~our ~~control~~retained earnings of ~~HSVI's~~$19,471,766. ~~voting~~As ~~stock.~~of ~~For~~June ~~financial~~30, ~~accounting~~2010 ~~purposes~~we have only $10,287 ~~the~~in ~~acquisition~~cash ~~was~~and cash equivalents. We are undergoing a ~~reverse~~shift ~~acquisition~~in ofour ~~HSVI,~~business ~~under~~strategy ~~the~~and ~~purchase~~currently ~~method~~do ofnot ~~accounting,~~have sufficient funds to execute this strategy. We will need to raise additional funds and ~~was~~we ~~treated~~cannot asbe acertain ~~recapitalization~~that ~~with~~additional ~~the~~financing ~~ICI~~will asbe ~~the~~available ~~acquirer~~at terms satisfactory to us or at all. These consolidated financial statements do not include any adjustments to reflect this uncertainty.

OnWe ~~February~~are ~~20,~~a ~~2007,~~publicly wetraded ~~changed~~company listed on the OTC Bulletin Board under the symbol “NGRN”. We have recently filed an application with FINRA to change our ~~name~~trading symbol to ~~Renewable~~better ~~Energy~~reflect ~~Resources,~~our ~~Inc~~new name.

OnBrief ~~May~~Corporate 27, 2008 we changed our name to New Green Technologies, Inc ("New Green", or the "Company"). We are a publicly traded company listed on the OTC Electronic Bulletin Board. Our Symbol changed on July 3, 2008 to our current trading symbol "NGRN". The symbol and name change reflect the Company’s broader range of business endeavors to include the development of energy, green energy and biofuel projects. Our offices are located at 19337 US Highway 19 North, Suite 525, Clearwater Florida 33764. Our website is www.newgreentech.us.History:

~~RESULTS~~The OFCompany ~~OPERATIONS~~was originally established as Tel-Voice Communications, Inc. ("Tel-Voice") which incorporated under the laws of the State of Nevada on December 31, 1996. From 1996-2000, Tel-Voice was a development stage company with no business activity. On June 30, 2000, Tel-Voice acquired Smartdotcom, Inc. ("SDC") in a transaction accounted for as a reverse merger whereby the Company retained the name Tel-Voice Communications, Inc. SDC had developed a technology that provided private electronic networks for labor unions and integrated communities. SDC’s business included subscribers which were members of the unions and communities to which SDC intended to provide the hardware, software and technical support required to setup and maintain the networks. However, SDC was never able to grow due to lack of capital and sustained losses.

Our operations during 2009 concentrated on gaining new renewable energy technologies which were at or close to commercial applications, sales and revenue, as well as concentrating on moving the existing Energy Commander technology into a position where it could be commercially operable, with no or little funding from the Company.17

With the new management taking over in 2009, it was determined that the former management of the Energy Commander and the agreement with CM2 would be changed, and that other technologies would be sought and acquired from known relations with other companies, such as EarthFirst Technologies, and CAVD systems.

HISTORY OF COMPANY

On January 10, 2003, Home Services International, Inc. (“HSVI”) was merged from a prior company. HSVI intended to acquire, establish joint ventures and develop such businesses. HSVI was presented with a business plan for a unique alternative energy technology by the management of Internal Command International (“ICI”), a Florida based private firm. HSVI felt that the Energy Commander technology for low impact hydro power production presented a unique opportunity. HSVI saw ICI’s technology as fulfilling a unique niche in the energy market. Thus, HSVI sought to acquire the technology and related expertise through the reverse merger process.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation - continued

~~HISTORY~~In OFDecember ~~COMPANY~~2002, -the ~~continued~~Company abandoned the business plan associated with the SDC business. On December 16, 2002, the Company closed a stock for debt exchange with our creditors effective on December 11, 2002 whereby all of the outstanding debt was converted to unregistered common stock at a conversion rate of one (1) share of common stock for each $0.45 of debt. On January 10, 2003, a majority of the shareholders approved (i) a reverse split of 28.9 shares of the old common stock for 1 share of new common stock effective January 13, 2003, (ii) the acquisition of a private entity name Home Services, Inc. and (iii) a name change to Home Services International, Inc.

OnHome ~~January~~Services 2International, ~~2004, ICI entered into a merger agreement with HSVI~~Inc. (“HSVI”) ~~issued~~intended ~~27,500,000~~to ~~shares~~act ofas ~~its~~a ~~Series~~holding Acompany ~~Preferred~~for ~~stock~~service tobusinesses ~~the~~related ~~shareholders~~to ofhome ~~ICI. In~~building ~~connection~~and ~~with~~home ~~this~~buying ~~acquisition,~~that ~~the~~wanted ~~merged companies’ name was changed~~ to ~~Internal~~expand ~~Hydro~~into ~~International,~~national ~~Inc~~markets. ~~(“IHDR”). On~~HSVI ~~February~~intended 4,to ~~2004~~acquire, ~~the~~establish ~~Company’s~~joint ~~domicile~~ventures ~~was~~and ~~changed~~develop tosuch ~~Florida~~businesses. ~~ICI was not a related party.~~

AsHSVI was presented with a ~~result~~business ofplan for a unique alternative energy technology by the ~~merger~~management ~~transaction~~of ~~with~~Internal ~~HSVI~~Command International (“ICI”), a Florida based private entity. HSVI believed that the ~~former~~Energy ~~ICI~~Commander ~~stockholders~~technology ~~obtained~~for ~~control~~low ofimpact hydro power production presented a unique opportunity. HSVI' believed that ICI’s ~~voting~~technology ~~stock~~might fulfill a unique niche in the energy market. As ~~For~~a ~~financial~~result, ~~accounting~~HSVI ~~purposes~~sought to acquire the technology and related expertise through the reverse merger process. On January 2, 2004, the ~~acquisition~~Company ~~was~~entered into a ~~reverse~~merger ~~acquisition~~agreement ofwith ICI. HSVI (the Company) issued 27,500,000 ~~under~~shares ~~the~~of ~~purchase~~its ~~method~~Series A Preferred stock to the shareholders of ~~accounting~~ICI. In connection with this acquisition, ~~and~~the Company’s name was ~~treated~~changed asto aInternal ~~recapitalization~~Hydro ~~with~~International, ~~the~~Inc. ~~ICI~~(“IHDR”). On asFebruary 4, 2004, the ~~acquirer~~Company’s domicile was changed to Florida.

On February 20, 2007, we changed our name to Renewable Energy Resources, Inc.

On May 27, 2008 wethe Company changed ~~our~~its name to New Green Technologies, Inc. ("New Green", or ~~the "Company"~~“NGRN”)~~. We are a publicly traded company listed on the OTC Electronic Bulletin Board. Our Symbol changed on July 3~~, ~~2008~~ to ~~our current trading symbol "NGRN". The symbol and name change~~ reflect the Company’s broader range of business endeavors to include the development of energy, green energy and ~~biofuel~~bio-fuel projects. ~~Our offices are located at 19337 US Highway 19 North, Suite 525, Clearwater Florida 33764. Our website is www.newgreentech.us.~~

On July 23, 2010 the Company’s Board of Directors and a Majority of its shareholders voted to change its name to “Spur Ranch” and file an application with FINRA to changes its trading symbol.

Recent Events:

BUSINESS STRATEGY

WeOn ~~are~~July a23, ~~development~~2010 ~~stage~~after ~~enterprise.~~successive Weperiods ~~have~~of ~~acquired~~losses, ~~the~~a ~~Catalytic~~lack ~~Activated~~of ~~Vacuum~~funding ~~Distillation Process ("CAVD")~~ and a ~~Submerged~~lack ~~liquid~~of ~~plasma~~traction ~~system from EarthFirst Technologies, Inc. ("EarthFirst")~~ in ~~May 2008. The acquisition of~~ the ~~assets~~alternative ~~and~~energy ~~technologies~~market ~~was accomplished by~~ the ~~issuance of 6.1 million shares of the~~ Company~~’s common~~ ~~stock.~~decided ~~We acquired the technologies~~ to ~~broaden~~bring ~~our~~on ~~technology~~new ~~base,~~Management and toadopt ~~expand~~a ~~the~~new ~~Company’s~~business ~~entry into the renewable energy area~~plan. The ~~CAVD~~new ~~and~~Management ~~Plasma~~will ~~systems~~continue ~~were~~to ~~designed,~~evaluate ~~built and patented through years and millions of dollars in research and development under EarthFirst. CAVD has been commercialized for use for~~ the ~~production~~existing oftechnologies ~~carbon~~to ~~and~~determine ~~fuels~~whether ~~from~~or ~~tires, through an independent company, RCT, which is privately held and~~ not ~~related~~ to ~~New~~continue ~~Green.~~this ~~New~~line ~~Green owns the rights to all~~ of ~~the intellectual property and uses for the CAVD besides tires~~business, ~~which reside in RCT. New Green keeps relations with RCT~~however, ~~and RCT delivered their first commercial plant in 2009. This plant is one of~~ the ~~first~~Company ~~commercially~~will ~~viable~~shift ~~plants~~its ~~utilizing~~focus afrom ~~pyrolysis technology for~~ the ~~remediation~~alternative ofenergy ~~tires. Given~~market ~~the advanced state of the CAVD technology, New Green sought~~ to ~~position itself in all areas of~~ the ~~other~~acquisition ~~available~~and ~~feedstocks~~development ~~for commercial use~~ of ~~the~~real ~~CAVD. These include automobile shredder residue ("ASR")~~estate, ~~railroad~~and ~~ties,~~real ~~telephone~~estate ~~poles,~~related ~~plastics,~~to ~~carpet~~equestrian ~~waste, citrus~~ and ~~other~~polo ~~bio~~communities ~~wastes,~~as ~~waste~~well ~~wood,~~as ~~construction~~polo ~~waste, tobacco waste,~~ and ~~numerous~~equestrian ~~other waste materials. New Green~~venues, inevents its purchase from EarthFirst received a mobile semi-trailer mounted CAVD reactor, which has the ability to run any feedstock for verification. With the mobile facility coming on line, New Green will be able to use chemical testing of the feedstocks to prove out the energy potentials which were previously proven at the larger facility of the prior plant, and ~~for similar feedstocks for the production of energy through electricity or through fuel processing~~media.

~~New~~The ~~Green~~Company isplans ~~working~~to ~~closely~~earn ~~with Florida~~money ~~Department~~from ofdeveloping ~~Environmental~~unique ~~Protection~~and toaffordable ~~assure~~polo-themed ~~that~~real ~~all~~estate ~~processed~~communities, ~~waste~~equestrian ~~will~~facilities beand ~~permitted~~operations, orpolo ~~exempted~~and ~~for~~equestrian ~~testing~~“reality onbased” antelevision ~~ongoing~~programming, ~~basis~~polo tournament and match competitions, and merchandising. It is the goal of the Company to bring polo to the broader market.

New Green and Green Energy Solutions, Inc. ("GES"), have entered into a joint venture to establish a large scale project in Alberta Canada, and is seeking, and has entered a proposal for a grant to study wood waste to power conversion using the CAVD technology. The grant feedstock was changed last year to encompass the remediation of railroad ties. The large amount of waste railroad tie stockpiles will be studied for energy production, as well as being an answer to rid areas of toxic leaching wood from construction waste, railroad ties and other wood waste. The bid process is being funded by Alberta Energy. The bid is for a full feasibility study to use the CAVD pyrolysis gasification process owned by NGRN, to convert the waste into oil and gas, and potentially use a plasma system, which New Green also has in its inventory. The joint venture would use their considerable resources to complete the feasibility study, and to source funding for the full commercial plant and operations for the project.18

GES and New Green proposed to initiate a full feasibility study for the project, under a bid solicitation from Alberta Energy. If found acceptable, the CAVD operation for some railroad tie feedstock piles could support a 200 ton a day plant for years, from identified existing stockpiles, and perpetually with new waste being brought in. The plant would be modular and be able to be set up at different locations, if necessary. The system has been proven with numerous feedstocks, such as tires, carpet waste, and bio-waste, and was found to be emissions friendly by Oak Ridge National Laboratory.

The project will use modular CAVD technology in a large plant to reduce the volume of the stockpiled railroad ties, and if necessary, New Green’s plasma system to convert any hazardous materials remaining in the concentrated waste to cleaner burning gas. The system will be studied to use the recovered oil and gas for electrical production, using commercially available power generation systems, which New Green has identified, or reciprocating engines. Material remaining after gasification, specifically coal tar creosote and pentachlorophenol will be studied to determine the feasibility of selling them back to the railroad tie manufacturers as a means of reducing demand. In the event these materials are unable to be sold, New Green intends to dispose of them through it’s plasma pyrolysis system, which also creates a combustible gas for electrical production. New Green and GES expect the feasibility bid to be awarded by the end of May 2010.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation - continued

BUSINESS STRATEGY - continued

New Green’s Energy Commander technology is being examined for use in the gas line and well industry for the production of electricity. New Green is seeking to enter into a licensing agreement for the production and marketing of the Energy Commander for use in the natural gas sector. The technology, which was originally derived for use with air and gas substances looks like it will prove out in commercial use for creation of electricity from large pressure natural gas wells. The use of the Energy Commander technology is expected to reduce the amount of Carbon Dioxide released from well operations, and provide efficient electricity for well use. The technology, which uses small amounts of pressure to create electricity from water flow, can use the massive amounts of gas pressure available to supply all electrical needs for natural gas well operations on site. Any excess electricity produced will be sold back to utility grid as green electricity. In addition, New Green will explore the potential of emission reduction credits issued as a result of the reduction in carbon emissions at the well sites.

New Green’s clean energy power system, the Energy Commander, is a patented technology, utilizing waste water, fluid or gas flow from any source where flow pressure is present, and yet wasted, to create electricity. While NGRN concentrates its efforts on its other waste to energy technologies, the Energy Commander will be developed through third parties to use its ability to take in the wasted pressure flows of gas wells to create electricity for use at the wells, to power filters and power needed at the well sites, including pumps. The Energy Commander was originally designed for use with air systems, so its adaptability for use with large pressures available from gas wells is expected to be technologically an easy fit. Any fluid, including gas goes through the heart of the patented Energy Commander system, into positive a displacement set of cylinders that creates massive mechanical forces, all of which is transferred to a generator creating both electricity, and optional air pressure, both being for direct use or storage. The gas then moves out of the unit, to its original destination pipeline, through the use of available reintroduction technologies. With tens of thousands of natural gas well heads in production in North America, the potential for use of the Energy Commander is considered to be substantial.

New Green’s management has chosen to concentrate on its efforts with its CAVD system for waste to oil and gas production, and has advised its EU partner, CM2 of Italy, that all agreements are henceforth cancelled due to their non-performance with the technology for hydro use. As well, New Green has concluded its relationship with Regent Machine Products, with the freeing of the final shares held in escrow from a lawsuit which was settled between the parties in 2007. New Green is not certain which version of the Energy Commander ("EC") will be used in the gas well operations, whether it is the Energy Commander IV or the Energy Commander V style system. New Green will let associated engineers decide the best type to use in this application.

New Green, with the acquisition from EarthFirst, also acquired all rights to a submerged plasma arc system, including a large prototype which is used to process waste fuels, and fluids for conversion into rich gas products. Submerged Plasma Arc Pyrolysis is designed to recycle a variety of liquid materials into a clean burning, combustible fuel. Some of the materials for which this unit was designed to convert to a useful, combustible gas include: chemical/hydrocarbon contaminated soil effluent, PCB contaminated transformer oil, water/land-based oil spills, refinery pit oil, antifreeze, solvents, processing oils, hazardous runoff water, paint sludge, crankcase sludge, bilge water, tank bottoms, and chemical wash water. AquaFuel is produced by using water as a feedstock. AquaFuel is a non-fossil, combustible synthesis gas that results from the introduction of an electric arc under water in the presence of carbon electrodes. The AquaFueler 1500 makes up to 3,000 cubic feet of clean-burning AquaFuel per hour for about five cents per cubic foot. Rod shaped carbon electrodes are automatically fed into the liquid-filled AquaFuel generation chamber. Liquids used in the process can range from salt water to raw sewage. Magnegas™ is produced using this technology with a non-water feedstock. New Green will be seeking to develop marketing and use of the Plasma technology, possibly in conjunction with the use of the CAVD system as a means of producing additional energy after implementation of the CAVD system on certain feedstocks.

We have a permanent assignment of the patent for the Energy Commander ("EC") technology from the inventor. Other intellectual property patents on the new technology will be generated into patent pending status before and commensurate with fielding. Additional patents will, in the opinion of management, be generated from improvements in the technology.

The EC technology is still believed to have viability in the waste water flow as well, which has not achieved commercial acceptance or orders yet. The EC system has several advantages over all other alternative energy technologies. The EC system represents the first time, to our knowledge, that a technology used the positive displacement of water pressure to create mechanical force to create electricity. The advantages of the EC are numerous. Primarily, the system is designed for installation to take advantage of waste flows of water. Therefore, the cost of the energy to produce electricity will be virtually, if not literally, free. Second, the EC units will take up very little space; an EC unit takes up 1/100 the space of a solar array to gain the same amount of electrical output. Third, the system will sell for approximately $45,000, or $1500 per KW, which is competitive with other power generation devices. This means either high profit or low electrical cost making for a more competitive market entry.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation - continued

BUSINESS STRATEGY - continued

Our goal is to become a major contributor to the renewable energy segment of the United States and European economies. The demand for alternative energy sources has increased significantly as oil prices continue to remain high. Our CAVD, Plasma, and EC technologies provides reliable electricity and production of oil and gas at a lower cost than current alternatives, and does so with free flows of wasted water or gas and waste oils and feedstocks for the CAVD and plasma.

The EC technology will have many applications in rural and third world areas. In the United States alone, there are over 70,000 dams that do not produce electricity, but many are capable of doing so with no environmental impact. The technology has numerous applications in third world areas where ready access to natural flow exists. Typically these areas will not support conventional hydropower systems but will support constant 24 hour a day power from the EC.

In today’s energy and renewable energy market, the positions of the players have stagnated. The renewable energy market has hinged around the six per cent mark for a number of years. We are targeting customers and industries with high electric utility costs and either large stockpiles of waste products or access to flow pressures of gas or fluid. We are placing special emphasis on the textile, oil and gas refining and drilling, home development, agricultural, and poultry, and a variety of industries with excess amounts of waste products, all of which have communicated great interest in placement of units. We are also targeting municipal, county, state and federal government facilities, including the U.S. military.

However, since inception, we have suffered recurring losses from operations and have been dependent on existing stockholders and new investors to provide the cash resources to sustain our operations.

Our long-term viability as a going concern is dependent on certain key factors, as follows:

● Our ability to continue to obtain sources of outside financing.

● Our ability to increase profitability and sustain a cash flow level that will ensure support for continuing operations.

● Our ability to generate sustainable revenue and cash flow.

ACQUSITIONS OF SIMILAR TECHNOLOGIES

KINETIC ENERGY

As part of the Company’s review of its investment in Kenetic Energy Inc. concluded that there is no value and has written off its investment of $68,750 at December 31, 2009.

RESULTS OF OPERATIONS

Our operations during 2010 as well as in 2009 concentrated on gaining new renewable energy technologies which were at or close to commercial applications, sales and revenue, as well as concentrating on moving the existing Energy Commander technology into a position where it could be commercially operable, with no or little funding from the Company.

~~COMPARISON~~On OFJuly ~~THREE~~23, ~~MONTHS~~2010 ~~ENDED~~after ~~MARCH~~successive 31periods of losses, ~~2010~~a TOlack ~~THREE~~of ~~MONTHS~~funding ~~ENDED~~and ~~MARCH~~a 31lack of traction in the alternative market the Company decided to bring on new Management and adopt a new business plan. The new Management will continue to evaluate the existing technologies to determine whether or not to continue this line of business, ~~2009~~however, the Company will shift its focus from the alternative energy market to the acquisition and development of real estate, and real estate related to equestrian and polo communities as well as polo and equestrian venues, events and media.

~~Revenue~~COMPARISON ~~for~~OF ~~the~~THREE ~~three~~AND ~~months~~SIX ~~ended~~MONTHS ~~March~~ENDED 31JUNE 30, 2010 ~~and~~TO ~~2009~~THREE ~~was~~AND ~~$-0-.~~SIX MONTHS ENDED JUNE 30, 2009

~~General~~Revenue ~~and administrative expenses~~ for the three ~~months~~and ~~ended~~six ~~March~~month ~~31,~~periods ~~2010~~ended ofJune ~~$75~~30,~~263 decreased~~ ~~$102,759~~2010 ~~compared to the general~~ and ~~administrative expenses for the three months ended March 31,~~ 2009 ~~which~~was ~~were~~ $~~178,022~~-0-. ~~The decrease was primarily due to a decrease in services.~~

General and administrative expenses for the three months ended June 30, 2010 of $126,303 decreased by $116,641compared to the general and administrative expenses for the three months ended June 30, 2009 which were $242,944. The decrease was primarily due to a decrease in services. General and administrative expenses for the six months ended June 30, 2010 of $201,566 decreased by $215,083 compared to the general and administrative expenses for the six months ended June 30, 2009, which were $416,649. The decrease is primarily due to a decrease in services.

LIQUIDITY AND CAPITAL RESOURCES

~~Our~~Since ~~operating~~inception, ~~activities~~the ~~used~~Company ~~cash~~has infaced ~~the~~and ~~amount~~continues ofto ~~$30,728~~face ~~for~~liquidity ~~the~~challenges ~~period~~resulting ~~ended~~mainly ~~March~~from ~~31,~~the ~~2010.~~lack Weof ~~will~~revenue ~~need~~and ~~additional~~considerable ~~private~~operating ~~placements,~~losses. ~~debt~~At ~~financing~~present, orthe ~~equity~~Company ~~investment~~does innot ~~order~~have access to ~~participate~~an ~~fully~~existing ~~and~~credit atfacility ~~the~~or ~~levels~~working ~~intended~~capital financing for its operations. ~~There~~The ~~can~~Company’s becontinued noliquidity ~~assurance~~challenges ~~that~~were ~~any~~one of several significant factors leading to the ~~plans~~decision ~~developed~~to ~~will~~bring ~~produce~~in ~~cash~~new ~~flows~~management ~~sufficient~~and toadopt ~~ensure~~a ~~long-term~~new ~~viability~~business plan this year.

18The Company currently has insufficient cash to meet its short and long term obligations and will require financing. Unless the Company is able to secure additional financing or investment it will not be able to meet its known or reasonably likely future cash requirements it will not be able to continue to operate and may result in a total loss to its Shareholders. The Company is currently seeking capital to launch its new business plan, however, the ability of the Company to secure such capital is not certain.

Our operating activities used cash in the amount of $12,236 for the six month period ended June 30, 2010 compared with $101,553 for same prior period of the prior year. We will need additional private placements, debt financing or equity investment in order to participate fully and at the levels intended. There can be no assurance that any of the plans developed will produce cash flows sufficient to ensure long-term viability. The Company has incurred additional deficits in cash flow from operating activities. These deficits have been funded from loans from significant shareholders.

The cash provided by financing activities was $20,019 for the six months ended June 30, 2010 compared with $97,250 for the six months ended June 30, 2009.

The table below presents a summary of our cash flows for the six month ended June 30, 2010 and June 30, 2009:

	Six Months Ended June 30, 2010			Six Months Ended June 30, 2009
Net cash used in operating activities	$	(12,236	)	$	(101,553	)
Net cash provided by investing activities	$	0		$	0
Net cash provided by financing activities	$	20,019		$	97,250
Net increase (decrease) in cash and cash equivalents	$	7,783		$	(4,303	)

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation - continued

~~LIQUIDITY~~ACCOUNTS ~~AND CAPITAL RESOURCES - continued~~PAYABLE

~~The~~A ~~Company~~high ~~has~~concentration ~~incurred~~of ~~additional~~our ~~deficits~~accounts inpayable ~~cash~~is ~~flow~~owed ~~from~~to ~~operating~~related ~~activities~~parties. ~~These deficits have been funded from loans from significant shareholders.~~ The ~~Company~~table isbelow insets ~~discussions~~forth ~~with~~the ~~several~~amounts ~~capital~~owed ~~organizations with a view~~ to ~~selling~~related ~~more~~parties ~~common and preferred shares~~ as a ~~means~~component of ~~financing~~accounts future capital needs. The Company anticipates it will be successful in these discussions; however, there can be no assurances that the Company will be successful in doing so and will produce cash flows sufficient to ensure its long-term viability. The cash provided by financing activities was 30,000 for the period ended March 31, 2010. There was no cash provided by financing activities for the three months ended March 31 2009.payable:

	Amount as of June 30, 2010
Total Accounts Payable	$	127,572
Due to Related Parties	$	42,000
Due to George Ring, former CEO	$	42,000

ACCRUED LIABILITES

A high concentration of our accrued liabilities is owed to related parties. The table below sets forth amounts owed to related parties as a component of accrued liabilities.

	Amount as of June 30, 2010
Total Accrued Liabilities	$	237,023
Due to Related Parties:	$	150,023
Due to George Ring, former CEO	$	40,000
Due to Bulova Technologies, controlled by John Stanton, Dir.	$	110,023

SUBSEQUENT EVENTS

~~None~~Election of New Directors

On July 23, 2010, Company by a majority vote of its shareholders elected W. Andrew Stack and Jeremy G. Stobie to the Board of Directors. Also on this day, the Company accepted the resignation of George Ring from the Board.

Management Change

On July 23, 2010 the President of the Company George Ring resigned his position and his position on the board of directors. W. Andrew Stack was appointed by the Board of Directors as the Chief Executive Officer, and Jeremy G. Stobie was appointed by the Board of Directors as the Chief Financial Officer.

Name Change

On July 23, 2010 the Company, through a vote of its majority of shareholders, elected to change the Company’s name from “New Green Technologies, Inc.” to “Spur Ranch, Inc”.

Reverse Stock Split

On July 23, 2010 the Company, through a vote of its majority of shareholders, to affect a 1 share for 3,500 shares reverse split of its common stock and to make all requisite filings with regulatory authorities to affect this split. The reverse stock split is anticipated to become effective on August 20, 2010 and on this date shareholders will receive 1 share for every 3,500 pre split shares.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation – continued

The table below sets forth the effects on issued and outstanding common and preferred stock as of June 30, 2010:

	Common Shares Issued and Outstanding 06/30/2010		Preferred Shares Issued and Outstanding 06/30/2010
Before Reverse Split		140,262,855		29,517
After Reverse Split		40,075		29,517

The table below demonstrates the effect of this split on Basic Net Loss Per Common Shares:

	Basic Net Loss Per Common Share 3 Months Ended June 30, 2010			Basic Net Loss Per Common Share 6 Months Ended June 30, 2010
Before Reverse Split	$	(.001	)	$	(.001	)
After Reverse Split	$	(34.79	)	$	(39.59	)

Change of Nature of Operations

On July 23, 2010 after successive periods of losses, a lack of funding and a lack of traction in the alternative energy market the Company decided to bring on new Management and adopt a new business plan. The new Management will continue to evaluate the existing technologies to determine whether or not to continue this line of business, however, the Company will shift its focus from the alternative energy market to the acquisition and development of real estate, and real estate related to equestrian and polo communities as well as polo and equestrian venues, events and media.

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

Our discussion and analysis of the financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with generally accepted accounting principles in the United States of America. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate estimates. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. These estimates and assumptions provide a basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions, and these differences may be material.

We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. These estimates and assumptions provide a basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions, and these differences may be material.

RISKS and UNCERTAINTIES

GOING CONCERN RISK

The financial statements are presented on the basis that we are a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business over a reasonable length of time.

Management believes that current plans to expand our operations and a combination of financing and capital raising plans will provide sufficient working capital to allow us to continue as a going concern.

IMPLEMENTATION OF BUSINESS STRATEGY DEPENDENT ON ADDITIONAL FINANCING

We must obtain financing to fund the expansion of operations. Such outside financing must be provided from the sale of equity or third party financing. Further, the sale of equity securities will dilute our existing stockholders' interests, and borrowings from third parties could result in our assets being pledged as collateral. While we are currently able to fund all basic operating costs, it is possible our operations could be restricted if loan terms increase our debt service requirements. There is no assurance that we can obtain financing on favorable terms.

Development Stage Company

We are in the development stage. There is no assurance that our activities will be profitable. The likelihood of our success must also be considered in light of the problems, expenses, difficulties, complications, delays and all of the inherent risks frequently encountered in the formation and operation of a relatively new business.

Going Concern

~~The~~Since ~~financial~~its ~~statements~~inception, ~~are~~the ~~presented~~Company onhas ~~the~~suffered ~~basis~~recurring ~~that~~losses wefrom ~~are~~operations aand ~~going~~has ~~concern,~~been ~~which~~dependent ~~contemplates~~on ~~the~~existing ~~realization~~stockholders ofand ~~assets~~new ~~and~~investors to provide the ~~satisfaction~~cash ofresources ~~liabilities~~to insustain its operations. During the ~~normal~~three ~~course~~and ofsix ~~business~~months ~~over~~ended aJune ~~reasonable~~30, ~~length~~2010, the Company reported net losses of ~~time~~$1,174,918 and $1,256,931, respectively.

~~Management~~The ~~believes~~Company’s ~~that~~long-term ~~current~~viability ~~plans~~as ~~to expand the our operations and~~ a ~~combination~~going ofconcern ~~financing~~is ~~and~~dependent ~~capital~~on ~~raising~~certain ~~plans~~key ~~will~~factors, ~~provide sufficient working capital to allow us to continue~~ as ~~a going concern.~~follows:

19· The Company’s ability to obtain adequate sources of outside financing to support near term operations and to allow the Company to continue forward with current strategic plans. · The Company’s ability to ultimately achieve revenue, adequate profitability and cash flows to sustain continuing operations.

These factors indicate that the Company may be unable to continue as a going concern unless additional capital is secured. The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation - continued

Implementation of Business Strategy Dependent on Additional Financing

We must obtain financing to fund our business plan. Such outside financing must be provided from the sale of equity, third party financing, loans or convertible loans. Further, the sale of equity securities will dilute our existing stockholders' interests, and borrowings from third parties could result in our assets being pledged as collateral. There is no assurance that we can obtain financing on favorable terms. As of the date of this filing, we have not closed on any development or operational real properties in furtherance of our new business plan and do not currently have bank lines or financing to do so.

Development Stage Company

We are a development stage company with no revenues. From our inception we have incurred significant net losses and expect to continue to incur substantial and possibly increasing net losses due to the restructuring of our business plan. Our operating losses have had, and will continue to have an adverse impact on our working capital, total assets and shareholders equity. There is no assurance that our activities will be profitable or will ever generate profits or cash flows. The likelihood of our success must also be considered in light of the problems, expenses, difficulties, complications, delays and all of the inherent risks frequently encountered in the formation and operation of a relatively new business. Management believes that any investment in our Company carries a high degree of risk for total loss such investment.

Costs of Conducting Business

We will ~~still~~need ~~incur~~funds ~~costs~~to ~~for~~support ~~research~~our ~~and~~operating expenses, our development; ~~however~~costs, ~~the~~research, ~~major~~salaries, ~~work~~marketing, ontransportation, ~~the~~architecture, ~~Energy~~sales ~~Commander~~costs Vand ~~has~~many ~~been~~other ~~completed~~related expenses. Our ~~Marketing~~new ~~efforts~~business plan will berequire ~~expanded~~significant toamounts ~~include~~of ~~the~~capital ~~new~~in ~~technologies~~order wefor ~~acquired~~it to be successful. The ability to generate a profit depends, among other factors, on the amount of revenues from the sale of our products, services and our operating costs.

~~Technological~~Costs ~~Change~~of Environmental Compliance

WeThe ~~expect~~Company ~~that~~hopes ~~many~~to ~~new~~engage ~~technologies~~in ~~and~~the ~~products~~development ~~will~~of bereal ~~introduced~~estate. ~~over~~In ~~the~~many ~~next~~locations ~~several~~the ~~years.~~development ~~Our~~of ~~success~~real ~~will~~estate ~~depend,~~is ~~among~~highly ~~other~~regulated ~~things,~~and oncontrolled ~~our~~and ~~ability~~in tomany ~~develop~~cases ~~and~~there ~~maintain~~are asignificant ~~competitively~~environmental ~~positioned~~compliance ~~technologically.~~costs ~~There~~associated ~~can~~with besuch nodevelopment. ~~assurance~~The ~~that~~Company weis ~~will~~not ~~have~~currently ~~access~~developing toany ~~subsequently~~property, ~~developed~~however, ~~technologies~~such bycompliance ~~other~~costs ~~persons.~~will ~~Technological~~be ~~advances~~a bysignificant aportion ~~competitor~~of ~~may~~the ~~result~~Company’s indevelopment ~~our~~budget, ~~present~~if orand ~~future~~when ~~products~~the ~~becoming~~Company ~~noncompetitive~~begins orto ~~obsolete~~develop properties. WeThe ~~cannot~~Company bebelieves ~~assured~~ that ~~competitors~~these ~~will~~costs ~~not~~are ~~develop~~material ~~functionally~~to ~~similar~~the orfinancial ~~superior~~condition ~~products~~of the Company, ~~which~~however, ~~events~~such ~~could~~costs ~~have~~are annot ~~adverse~~reasonably ~~effect~~calculable onat ~~our~~the ~~business~~present time.

Effect of Climate Change Legislation

The Company currently has no known or identified exposure to any current or proposed climate change legislation which could negatively impact the Company's operations or require capital expenditures to become compliant. Additionally, any currently proposed or to-be-proposed-in-the-future legislation concerning climate change activities, business operations related thereto or a publicly perceived risk associated with climate change could, potentially, negatively impact the Company's efforts to identify an development and business opportunities.

Dodd-Frank Act

In July 2010, the Dodd-Frank Act was signed into law in an effort to improve regulation of financial markets. The Company is currently evaluating the Act and cannot yet predict the impact it may have on the Company’s financial condition, results of operations or cash flows.

Contracts

There can be no assurance that we will be able to obtain sufficient and suitable contracts for our business plan.

Fluctuations in Operating Results

Our revenues and results of operations may vary significantly in the future. Our revenues and results of operations are difficult to forecast and could be adversely affected by many factors, some of which are outside our control including, among others, the expected ~~relatively~~startup ~~long~~nature ~~sales~~of ~~and~~our ~~implementation~~new ~~cycles~~business ~~for~~line, ~~our products;~~ the ~~size~~determination ~~and timing~~ of ~~individual license transactions and joint venture arrangements; seasonality of revenues; changes in~~ the ~~mix~~continued offeasibility ~~products sold; timing~~ of ~~introduction or enhancement of~~ our ~~products~~existing orbusiness ~~our~~line, ~~competitors;~~the ~~market~~relatively ~~acceptance~~long ~~of new products; changes in technology; personnel changes and difficulties in attracting and retaining qualified~~ sales, ~~marketing, technical~~ and ~~consulting~~implementation ~~personnel; changes in customers' budgeting~~ cycles; ~~quality~~for ~~control~~real ofestate ~~products sold; and economic conditions generally and in specific industry segments~~transactions.

There can be no assurance that our products will achieve broad market acceptance or that we will be successful in marketing our products or enhancements thereto. In the event that our current or future competitors release new products that have more advanced features, offer better performance or are more price competitive than the our products, demand for our products would decline. A decline in demand for, or market acceptance of, our products as a result of competition, technological change, or other factors would have material adverse effects on the our business, financial condition and results of operations.22

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation - continued

There can be no assurance that our business will achieve broad market acceptance or that we will be successful in marketing our products, communities, or services.

Seasonality

We do not expect to experience material seasonal variations in revenues or operating costs at this time.

~~OFF~~Shareholder ~~BALANCE SHEET ARRANGEMENTS.~~Dilution

~~For~~We will need to raise additional capital, if this investment takes the ~~period~~form ~~ended~~of ~~March~~sales 31of common or preferred stock of convertible debt then our existing shareholders will be substantially diluted. In addition, ~~2010~~because the Company currently has no funds to pay management at the current time, wethe ~~did~~Company ~~not~~will ~~engage~~issue substantial shares of stock to Management in the form of compensation or in lieu of salary. Due to the low market price for the Company’s stock any ~~off~~issuance ~~balance~~of ~~sheet~~this ~~transactions~~nature will create substantial dilution. As of the date of this filing, Management has not agreed to accept restricted common stock or restricted preferred stock in lieu of compensation.

The issuance of any stock can cause the market price for our common stock to decline.

Stock Price

Our common stock is quoted on the Over the Counter Bulletin Board. Since trading in our common stock began, trading has been sporadic, trading volumes have been widely variable (low or non-existent on some days and very large on others) and the market price has been very volatile. The closing price as of August 13, 2010 was .0035. We do not know how the reverse 1:3,500 stock split will affect the market price after it becomes effective. Current quotations are not necessarily a reliable indicator of value and there is no assurance that the market price of our stock will stabilize at or near current levels.

Dependence on Key Personnel

We are an extremely small company which depends upon the knowledge and experience of our key employees and Management. If any of our members of Management do not continue in their present positions, we may not be able to easily replace them and

our business will be severely disrupted.

OFF BALANCE SHEET ARRANGEMENTS

For the period ended June 30, 2010, we did not engage in any off balance sheet transactions.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

~~The~~Our ~~information~~market risk exposures are related to beour ~~reported~~cash ~~under~~and ~~this~~cash ~~item~~equivalents isand ~~not~~marketable ~~required~~securities. Cash and cash equivalents are invested in highly liquid short term investments with maturities less than three months as of ~~smaller~~the ~~reporting~~date ~~companies~~of purchase. We are exposed to market risk from changes in market prices related to our investments in marketable securities. Changes in interest rates affect the investment income we could earn on our investments and, therefore, impact our cash flows and results of operations. As of June 30, 2010, we did not hold any marketable securities in our cash and cash equivalents or other current assets.

As of June 30, 2010 our cash balances at financial institutions did not exceed the Federally insured limits.

Item 4T. Controls and Procedures

Evaluation of Disclosure Controls

AsDisclosure Controls and Procedures – We maintain disclosure controls and procedures that are designed to ensure that information required byto ~~Rule~~be ~~13a-15~~disclosed orin ~~15d-15~~our reports under the Securities Exchange Act, ~~management~~of ~~carried~~1934, ~~out~~as anamended ~~evaluation~~(the of“Exchange ~~the~~Act”), ~~effectiveness~~is ~~of our~~recorded, ~~disclosure~~processed, ~~controls~~summarized and ~~procedures~~reported aswithin of the ~~end~~time ofperiods ~~the~~specified ~~period~~in ~~covered~~the bySEC’s ~~this~~rules ~~report.~~and ~~Based~~forms, onand that ~~assessment,~~such ~~management~~information ~~believes~~is ~~that~~accumulated and communicated to management, asincluding ofour ~~March~~Chief 31Executive Officer (CEO) and Chief Financial Officer (CFO), ~~2010~~as appropriate, ~~the~~to ~~Company’s~~allow ~~disclosure~~timely ~~controls~~decisions ~~and~~regarding ~~procedures~~the ~~are~~required ~~effective~~disclosure.

20In designing and evaluating these disclosure controls and procedures, our management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, as ours are designed to do, and our management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

~~Limitations~~In connection with the preparation of this quarterly report on Form 10-Q, as of June 30, 2010, an evaluation was performed under the ~~Effective~~supervision and with the participation of ~~Controls~~our management, including our CEO and CFO, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined by Rule 13a-15(e) under the Exchange Act). Based upon that evaluation our Company’s CEO and CFO concluded that our disclosure controls and procedures are effective as of June 30, 2010.

~~Our~~Change ~~management~~in ~~does~~Internal ~~not~~Control ~~expect~~Over ~~that~~Financial ~~our~~Reporting ~~disclosure~~– ~~controls~~On orAugust ~~our~~19, ~~internal~~2010 ~~controls~~the ~~over~~Company ~~financial~~formally ~~reporting~~adopted ~~will~~a ~~prevent~~more ~~all~~comprehensive ~~error~~internal ~~and fraud. A~~ control ~~system~~structure, nowhich ~~matter~~Management ~~how~~believes ~~well~~will ~~conceived and operated, can~~ provide ~~only~~management ~~reasonable,~~more ~~but~~comprehensive nointernal ~~absolute, assurance that the objectives of a~~ control ~~system~~over ~~are~~financial ~~met~~reporting. ~~Further,~~ ~~any~~This ~~control~~structure ~~system~~includes ~~reflects limitations on resources, and~~ the ~~benefits~~adoption of a ~~control~~new ~~system~~internal ~~must~~control beplan ~~considered~~which ~~relative~~management tobelieves ~~its~~will ~~costs. These~~enable ~~limitations also include~~ the ~~realities~~company ~~that~~to ~~judgments~~scale inthe ~~decision-making~~integrated ~~can~~framework ~~be faulty and that breakdowns can occur because~~ of ~~simple~~its ~~error~~internal ~~or mistake. Additionally,~~ controls ~~can~~as ~~be circumvented by~~ the ~~individual~~company ~~acts~~develops ofoperating ~~some~~subsidiaries ~~persons,~~and byfield ~~collusion~~operations ofrelated ~~two~~to orreal ~~more people or by management override of a control~~estate. A ~~design~~The ofCompany ~~a control system is~~ also ~~based~~adopted ~~upon~~an ~~certain~~integrated ~~assumptions~~framework ~~about potential future conditions; over time, controls may become inadequate because~~ of ~~changes~~internal incontrol ~~conditions,~~review ~~or the degree of compliance with the policies or~~ procedures ~~may~~to ~~deteriorate. Because~~which ofManagement ~~the~~is ~~inherent limitations in a cost-effective control system, misstatements due~~ to ~~error or fraud may occur and may not be detected~~implement.

~~Conclusions~~24

Based upon their evaluation of our controls, George Ring, our Chief Executive Officer and acting Principal Officer, has concluded that, subject to the limitations noted above, the disclosure controls are effective providing reasonable assurance that material information relating to us is made known to management on a timely basis during the period when our reports are being prepared. There were no changes in our internal controls that occurred during the quarter covered by this report that have materially affected, or are reasonably likely to materially affect our internal controls.

PART II - OTHER INFORMATION

Pursuant to the Instructions on Part II of the Form 10-Q, Items 1, 2, 3, 4, and 5 are omitted.

Item 6. Exhibits

Exhibit #	Description
Exhibit 31.1	Certification of Chief Executive Officer ~~and Acting Principal Financial Officer~~ of ~~New~~Spur ~~Green Technologies~~Ranch, Inc. required by Rule 13a - 14(1) or Rule 15d - 14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit 32.1	Certification of Chief Executive Officer and Acting Principal Financial Officer of New Green Technologies , Inc. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63
Exhibit 31.2	Certification of the Principal Financial Officer of Spur Ranch, Inc. required by Rule 13a - 14(1) or Rule 15d - 14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit 32.1	Certification of Chief Executive Officer a of Spur Ranch, Inc. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63
Exhibit 32.2	Certification of Principal Financial Officer of Spur Ranch, Inc. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Action of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	NEW GREEN TECHNOLOGIES INC.
	SPUR RANCH, INC. FORMERLY: NEW GREEN TECHNOLOGIES, INC.
Date: May 19, 2010	By	/s/ GEORGE RING
Dated: August 19, 2010	By	/s/ W. ANDREW STACK
		GEORGE RING
		W. ANDREW STACK
		CHIEF EXECUTIVE OFFICER AND ACTING PRINCIPAL FINANCIAL OFFICER
		CHIEF EXECUTIVE OFFICER (PRINCIPAL EXECUTIVE OFFICER)

	SPUR RANCH, INC. FORMERLY: NEW GREEN TECHNOLOGIES INC.

Dated: August 19, 2010	By	/s/ JEREMY G. STOBIE
		JEREMY G. STOBIE
		CHIEF FINANCIAL OFFICER (PRINCIPAL FINANCIAL OFFICER)

Filing Compare · SPUR RANCH, INC.