| Schedule of Assets and Liabilities at the Time of Deconsolidation |
The assets and liabilities of SG DevCorp at the
time of Deconsolidation amounted to the following:
| Assets: | |
| |
| Cash | |
$ | 567,473 | |
| Assets held for sale | |
| 4,400,361 | |
| Prepaid expenses and other current assets | |
| 429,331 | |
| Total current assets | |
| 5,397,165 | |
| | |
| | |
| Property, plant and equipment, net | |
| 1,194,117 | |
| Project development costs and other non-current assets | |
| 91,490 | |
| Intangible assets, net | |
| 138,678 | |
| Goodwill | |
| 1,810,787 | |
| Investment in and advances to equity affiliates | |
| 3,642,607 | |
| Total long-term assets | |
| 6,877,679 | |
| | |
| | |
| Liabilities: | |
| | |
| Accounts payable and accrued expenses | |
| 1,600,294 | |
| Contingent consideration payable | |
| 945,000 | |
| Short-term notes payable, net | |
| 6,476,723 | |
| | |
$ | 9,022,017 | |
|