$AFAI Income Statement

Alternative Fuels America, Inc. (AFAI)

Income Statement

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All numbers in thousands

Period Ending		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
Total Revenue		38	37	–	–
Cost of Revenue		26	23	–	–

Gross Profit		11	14	–	–

	Operating Expenses
	Research Development	–	–	–	–
	Selling General and Administrative	233	368	330	162
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(222)	(354)	(330)	(162)

	Income from Continuing Operations
	Total Other Income/Expenses Net	(28)	(13)	(1)	112
	Earnings Before Interest And Taxes	(250)	(367)	(331)	(49)
	Interest Expense	192	109	117	1
	Income Before Tax	(441)	(475)	(448)	(50)
	Income Tax Expense	–	–	–	–
	Minority Interest	(78)	261	28	23

	Net Income From Continuing Ops	(519)	(218)	(351)	(5)

	Non-recurring Events
	Discontinued Operations	–	–	–	–
	Extraordinary Items	–	–	–	–
	Effect Of Accounting Changes	–	–	–	–
	Other Items	–	–	–	–


Net Income		(519)	(214)	(420)	(27)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(519)	(214)	(420)	(27)

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com