v3.3.0.814

Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 186,127	$ 444,630
Receivable	26,962	33,560
Prepaid expense	12,942	18,929
Inventory	75,883	75,883
Other current assets	13,625	15,645
Total current assets	315,539	588,647
Non-current assets:
Fixed assets, net of accumulated depreciation	698,558	718,143
Land	70,000	70,000
Total assets	1,084,097	1,376,790
Current liabilities:
Accounts payable	479,256	431,590
Accounts payable to related parties	5,868	5,868
Accrued liabilities	343,446	265,806
Convertible debt to related parties	200,000	200,000
Total current liabilities	1,028,570	903,264
Stockholders' Equity:
Common stock, $0.001 par value, 843,750,000 shares authorized, 90,121,656 and 89,621,655 shares issued and outstanding, respectively	90,122	89,621
Additional paid-in capital	5,800,595	5,682,865
Subscription receivable	(140,000)	(140,000)
Deficit accumulated	(5,453,637)	(4,856,463)
Accumulated other comprehensive loss	(176,997)	(293,321)
Total Petrosonic Energy, Inc. stockholders' equity	120,083	482,702
Noncontrolling interest	(64,556)	(9,176)
Total stockholders' equity	55,527	473,526
Total liabilities and stockholders' equity	$ 1,084,097	$ 1,376,790

Reflects the total carrying amount as of the balance sheet date of convertible debt to related parties.

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PETROSONIC ENERGY, INC. 10-Q