Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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YES NO N/A

10 x

11 x

12

x

13 x

14 x

15

x

16 x

17 x

18

x

19 $347,847.96

20

21

22

23

$208,340.99

IF YOU ANSWER YES TO ANY OF THE QUESTIONS IN LINES 10-18, ATTACH AN EXPLANATION AND LABEL IT EXHIBIT B .

HAVE YOU ALLOWED ANY CHECKS TO CLEAR THE BANK THAT WERE ISSUED 

BEFORE YOU FILED BANKRUPTCY? 

Report this figure as the cash on hand at the beginning of the month on your next operating report. 

Report the total from Exhibit C here. $287,525.64

DO YOU HAVE ANY BANK ACCOUNTS OPEN OTHER THAN THE DIP ACCOUNT?

HAVE YOU SOLD ANY ASSETS OTHER THAN INVENTORY?

HAVE YOU SOLD OR TRANSFERRED ANY ASSETS OR PROVIDED SERVICES TO 

ANYONE RELATED TO THE DIP IN ANY WAY?

DID ANY INSURANCE COMPANY CANCEL YOUR POLICY?

DID YOU HAVE ANY UNUSUAL OR SIGNIFICANT UNANTICIPATED EXPENSES?

HAVE YOU BORROWED MONEY FROM ANYONE OR HAS ANYONE MADE ANY 

PAYMENTS ON YOUR BEHALF?

Total Cash Disbursements

Attach a listing of all payments you made in the month and label it Exhibit D . List the 

date paid, payee, purpose, and amount. Include all cash payments, debit card 

transactions, checks issued even if they have not cleared the bank, outstanding checks 

issued before the bankruptcy was filed that were allowed to clear this month, and 

payments made by other parties on your behalf. Do not attach bank statements in lieu of 

Exhibit D .

Report the total from Exhibit D here. $427,032.61

Net Cash Flow

Subtract line 21 from 20 and report the result her. This amount may be different from 

what you may have calculated as net profit.

($139,506.97)

Cash on hand at the end of the month

Add line 22 + line 19. Report the result here.

This amount may not match your bank account balance because you may have outstanding checks that have 

not cleared the bank or deposits in transit.

This amount must equal what you reported as cash on hand at the end of the month in the previous month. If 

this is your first report, report the total cash on hand as of the date of the filing of this case.

Total Cash Receipts

Attach a listing of all cash received for the month and label it Exhibit C . Include all cash 

received even if you have not deposited it at the bank, collections on receivables, credit 

card deposits, cash received from other parties, or loans, gifts, or payments made by 

other parties on your behalf. Do not attach bank statements in lieu of Exhibit C . 

Total opening balance of all accounts

HAS ANYONE MADE AN INVESTMENT IN YOUR BUSINESS?

HAVE YOU PAID ANY BILLS YOU OWED BEFORE YOU FILED BANKRUPTCY?

2. SUMMARY OF CASH ACTIVITY FOR ALL ACCOUNTS

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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24 $394,930.17

(Exhibit E)

25 $34,634.48

(Exhibit F)

26 15

27 4

28 $260,442.97

29 $917,587.47

30 $0.00

31 $0.00

6. PROFESSIONAL FEES

How much have you paid this month in professional fees related to this bankruptcy case?

How much in professional fees related to this bankruptcy case since the case was filed?

How much have you paid this month in other professional fees?

How much have you paid in total other professional fees since filing this case?

Attach a list of all amounts owed to you by your customers for work you have done or merchandise you have 

sold. Include amounts owed to you both before, and after you filed bankruptcy. Label it Exhibit F. Identify who 

owes you money, how much is owed, and when payment is due. REport the total from Exhibit F here. 

Total Receivables

3. UNPAID BILLS

Attach a list of all debts (including taxes) which you have incurred since the date you filed bankruptcy but have 

not paid. Label it Exhibit E . Include the date the debt was incurred, who is owed the money, the purspose of 

the debt, and when the debt is due. Report the total from Exhibit E here. 

Total Payables

4. MONEY OWED TO YOU

5. EMPLOYEES

What was the number of employees when the case was filed?

What is the number of employees as of the date of this report?

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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32 - =

33 - =

34 - =

35 $0.00

36 $227,303.69

37 ($227,303.69)

38 x

39 x

40 x

41

42

427,032.61 

427,032.61 

427,032.61 

CASH DISBURSEMENTS PER FORM 4A-2

CASH DISBURSEMENTS PER SUM OF FORM 4A-3 

CASH DISBURSEMENTS PER FORM 4D

RECONCILIATION OF CASH DISBURSEMENTS

(IF ACTUAL CASH PROFIT WAS 90% OR LESS THAN PROJECTED CASH PROFIT, PLEASE INCLUDE A DETAILED 

WRITTEN EXPLANATION.) 

8. ADDITIONAL INFORMATION

If available, check the box to the left and attach copies of the following documents.

Bank reconciliation reports for each account including list of outstanding checks.

Budget, projection, or forecast reports.

Project, job costing, or work-in-progress reports.

Bank statements for each open account (redact all but the last 4 digits of the account numbers.

Financial reports such as an income statement (profit/loss), balance sheet, and cash flow statement.

Total projected cash receipts for the next month:

Cash Disbursements

Net Cash Flow

$227,303.69

($227,303.69)

$427,032.61

($139,506.97)

($199,728.92)

($87,796.72)

Total projected cash disbursements for the next month:

Total projected net cash flow for the next month: 

Cash Receipts

Column A Column B Column C

Projected Actual Difference

Copy lines 35-37 from 

the previous month's 

report.

Copy lines 20-22 of this 

report.

Subtract Column B from 

Column A. 

$0.00 $287,525.64 ($287,525.64)

7. PROJECTIONS

Compare your actual cash receipts and disburesements to what you projected in the previous month. Projected 

figures in the first month should match those provided at the initial debtor interview, if any.

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: CASE NO:

For Period: 02/01/19 to 02/28/19

CASH FLOW SUMMARY Current

Month Accumulated

1. Beginning Cash Balance $ 347,847.96 (1) $ 438,478.25 (1)

2. Cash Receipts

Operations 0.00 0.00

Sale of Assets NOTE: See (B) Below: 0.00 0.00

Loans/advances 0.00 0.00

Other 287,525.64 2,252,568.13

Total Cash Receipts $ 287,525.64 $ 2,252,568.13

3. Cash Disbursements

Operations $ 427,032.61 $ 2,495,764.93

Debt Service/Secured loan payment 0.00 0.00

Professional fees/U.S. Trustee fees 0.00 0.00

Payments made from asset sale: NOTE: See (C) Below. 0.00 0.00

Other

Total Cash Disbursements $ 427,032.61 $ 2,495,764.93

4. Net Cash Flow (Total Cash Receipts less

Total Cash Disbursements) $ (139,506.97) $ (243,196.80)

5 Ending Cash Balance $ 208,340.99 (2) $ 195,281.45 (2)

CASH BALANCE SUMMARY See Note (A) below. Book

Petty Cash $ 0.00

DIP Operating Account $ 83,194.33

DIP State Tax Account $ 0.00

DIP Payroll Account $ 0.00

Other Operating Account $ 0.00

Other Interest-bearing Account $ 125,146.66

TOTAL (must agree with Ending Cash Balance above) $ 208,340.99 (2)

Variance between Ending Cash Balance and Ending Book Balances: 0.00

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(B) This figure should include the gross amount the seller receives from the sale. On a HUD-1, this would be line 420.

(C) This figure should include all reductions paid by the debtor for the sale of of asset(s). On a HUD-1, this would be line 520.

(1) Accumulated beginning cash balance is the cash available at the commencement of the case.

 Current month beginning cash balance should equal the previous month's ending balance.

(2) All cash balances should be the same.

18-10651

CASH RECEIPTS AND DISBURSEMENTS STATEMENT FORM SB-2

Eaglebank

GreenTech Automotive Inc

Eaglebank

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DEBTOR: CASE NO:

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

CASH RECEIPTS DETAIL Account No:

(attach additional sheets as necessary)

Date Payer Description Amount

2/7/2019 $ 183,070.20

2/20/2019 $ 102,826.80

2/21/2019 $ 1,528.45

$

$

$

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

$ 

Total Cash Receipts $ 287,425.45 (1)

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(1) Total for all accounts should agree with total cash receipts listed on Form SB-2.

GreenTech Automotive Inc 18-10651

Form SB-3

*7549

FOR THE PERIOD _2-01-19__ TO _2-28-19__

Saleen Automotive Inc

Saleen Automotive Inc

Discovery Benefits

Service Income

Service Income

COBRA payment

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: 18-10651

CASH DISBURSEMENTS DETAIL Account No:

(attach additional sheets as necessary)

Date Check No. Payee Description (Purpose) Amount

2/1/2019 ACH Medical Insurance $ 16,320.90

2/4/2019 ACH Medical Insurance $ 1,238.67

2/4/2019 21 Annual filing fee $ 235.00

2/6/2019 ACH Utilities (Data line) $ 9,170.08

2/6/2019 1352 Plant Maintenance $ 400.00

2/6/2019 1353 Plant Maintenance $ 1,123.50

2/7/2019 1355 Data Center $ 1,658.25

2/8/2019 ACH Payroll $ 63,202.63

2/8/2019 ACH Account fee $ 65.04

2/13/2019 1354 Utilities (Water) $ 1,183.62

2/14/2019 ACH Insurance $ 13,276.00

2/15/2019 1356 Travel Expenses $ 18.00

2/15/2019 1357 Travel Expenses $ 50.52

2/15/2019 ACH Legal fees $ 74,145.50

2/19/2019 ACH Legal fees $ 186,297.47

2/20/2019 ACH FSA account $ 13.50

2/22/2019 ACH Payroll $ 49,663.80

2/22/2019 ACH Utilities (Electricity) $ 4,041.79

2/22/2019 ACH Utilities (Cellphone) $ 2,171.35

2/22/2019 ACH Medical Insurance $ 1,768.08

2/25/2019 ACH Medical Insurance $ 214.24

2/25/2019 ACH 401K $ 105.68

2/26/2019 ACH 401K $ 113.99

2/28/2019 ACH Share folder $ 555.00

$

$

$

$

$

$

$

$

Total Cash Disbursements $ $427,032.61 (1)

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(1) Total for all accounts should agree with total cash disbursements listed on Form 2-B, page 1

GreenTech Automotive Inc

*7549

Blue Cross Blue Shield

Delta Dental of Virginia

Form SB-4

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

Cogent Communications Inc

Paylocity

Eaglebank

Tunica County Utility District

Incorporate.com

AT&T

Amteck, LLC

Security Fire Protection Co.

Crowell & Moring

Wageworks

Paylocity

Entergy

CNA Insurance

Corry Davis

GT Martinez

Hirschler Fleischer

Wageworks

Citrix Systems

AT&T Mobility

Standard Insurance

Vision Service Plan

Wageworks

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: 18-10651

Form SB-4

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

CASH RECEIPTS DETAIL Account No:

(attach additional sheets as necessary)

Date Check No. Payee Description (Purpose) Amount

2/28/2019 ACH Interest $ 100.19

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Total Cash Disbursements$ $100.19

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(1) Total for all accounts should agree with total cash disbursements listed on Form 2-B, page 1

GreenTech Automotive Inc

*1225

Eaglebank

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: CASE NO:

Form SB-5

COMPARATIVE BALANCE SHEET

For Period Ended:

Current Petition

ASSETS Month Date (1)

Current Assets:

Cash and Cash Equivalents (from Form 2-B, line 5) $ 208,340.99 $ 438,478.25

Accounts Receivable (from Form 2-E) 34,634.48 34,634.48

Receivable from Officers, Employees, Affiliates 24,292.00 24,292.00

Inventory 927,193.07 927,193.07

Other Current Assets :(List) 1,140,000.00 1,170,000.00

90,888.00 274,451.90

Total Current Assets $ 2,425,348.54 $ 2,869,049.70

Fixed Assets:

Land $ 1,850,000.00 $ 1,850,000.00

Building 17,315,594.90 17,315,594.90

Equipment, Furniture and Fixtures 9,098,578.43 9,098,578.43

Total Fixed Assets $ 28,264,173.33 $ 28,264,173.33

Less: Accumulated Depreciation ( 4,240,604.05 ) ( 3,492,201.84 )

Net Fixed Assets $ 24,023,569.28 $ 24,771,971.49

Other Assets (List): 33,427,813.35 33,568,982.69

118,903,180.37 125,973,429.09

TOTAL ASSETS $ 178,779,911.54 $ 187,183,432.97

LIABILITIES

Post Petition Liabilities:

Post-petition Accounts Payable (from Form 2-E) $ 394,930.17 $ 0.00

Post-petition Accrued Profesional Fees (from Form 2-E) 170,816.29 0.00

Post-petition Taxes Payable (from Form 2-E) 0.00 0.00

Post-petition Notes Payable 0.00 0.00

Other Post-petition Payable(List): 0.00 0.00

0.00 0.00

Total Post Petition Liabilities $ 565,746.46 $ 0.00

Pre Petition Liabilities:

Secured Debt 1,850,000.00 1,850,000.00

Priority Debt 0.00 0.00

Unsecured Debt 76,885,055.30 75,155,309.63

Total Pre Petition Liabilities $ 78,735,055.30 $ 77,005,309.63

TOTAL LIABILITIES $ 79,300,801.76 $ 77,005,309.63

OWNERS' EQUITY

Owner's/Stockholder's Equity $ 101,535,175.00 $ 101,535,175.00

Retained Earnings - Prepetition 8,642,898.34 8,642,948.34

Retained Earnings - Post-petition (10,698,963.56) 0.00

TOTAL OWNERS' EQUITY $ 99,479,109.78 $ 110,178,123.34

TOTAL LIABILITIES AND OWNERS' EQUITY $ 178,779,911.54 $ 187,183,432.97

VARIANCE (ASSETS - LIABILITIES +- CAPITAL) MUST BE $0 $ 0.00 $ 0.00

(1) Petition date values are taken from the Debtor's balance sheet as of the petition date or are the values

 listed on the Debtor's schedules.

NOTE: IF USING EXCEL, EACH LINE MUST CONTAIN A NUMBER.

18-10651

Prepayments

GreenTech Automotive Inc

VLA Settlement

02/28/19

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: CASE NO: 18-10651

Form SB-6

PROFIT AND LOSS STATEMENT

For Period 02/01/19 to 02/28/19

Current Accumulated

Month Total (1)

Gross Operating Revenue $ 19,042.00 $ 1,097,618.53

Less: Discounts, Returns and Allowances ( 0.00 ) ( 0.00 )

Net Operating Revenue $ 19,042.00 $ 1,097,618.53

Cost of Goods Sold 78,432.91 1,484,962.13

Gross Profit $ (59,390.91) $ (387,343.60)

Gross Profit Margin -311.89% -35.29%

Operating Expenses

Officer Compensation $ 34,844.15 $ 527,149.52

Selling, General and Administrative 27,519.35 858,375.54

Rents and Leases 0.00 132,567.80

Depreciation, Depletion and Amortization 71,217.04 916,557.31

Other (list): 0.00 0.00

0.00 0.00

Total Operating Expenses $ 133,580.54 $ 2,434,650.17

Operating Income (Loss) $ (192,971.45) $ (2,821,993.77)

Non-Operating Income and Expenses

Other Non-Operating Expenses $ (133,675.19) $ 7,069,244.97

Gains (Losses) on Sale of Assets 0.00 0.00

Interest Income 100.19 2,646.66

Interest Expense 0.00 10,749.65

Other Non-Operating Income 0.00 40,000.00

Net Non-Operating Income or (Expenses) $ 133,775.38 $ (7,037,347.96)

Reorganization Expenses

Legal and Professional Fees $ 39,993.82 $ 799,662.73

Other Reorganization Expense 0.00 12,424.66

Total Reorganization Expenses $ 39,993.82 $ 812,087.39

Net Income (Loss) Before Income Taxes $ (99,189.89) $ (10,671,429.12)

Federal and State Income Tax Expense (Benefit) 0.00 0.00

NET INCOME (LOSS) $ (99,189.89) $ (10,671,429.12)

(1) Accumulated Totals include all revenue and expenses since the petition date.

NOTE: IF USING EXCEL, ALL LINES MUST CONTAIN A NUMBER.

GreenTech Automotive Inc

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: CASE NO:

Form SB-7

For the Month Ended:

Total Disbursements from Operating Account (Note 1) $

Total Disbursements from Payroll Account (Note 2) $

Total Disbursements from Tax Escrow Account (Note 3) $

Total Disbursements from and other Account (Note 4) $

Grand Total disbursements from all accounts $ 427,032.61

FEE SCHEDULE

Failure to pay the quarterly fee is cause for conversion or dismissal of the chapter 11 case. [11 U.S.C. Sec. 1112(b)(10)]

February 18-10651

2/28/2019 0:00

www.justice.gov/ust/chapter-11-quarterly-fees

NOTE 4 - Include in this amount any other disbursements made by the debtor including (but not limited to) cash paid from a 

petty cash fund or cash register, amounts paid from any other debtor in possession account, and amounts paid from the 

accounts of others on the debtors behalf (for example, disbursements made from a law firm's escrow account as a result of a 

sale of property.)

Interest will be assessed on Chapter 11 quarterly fees not paid by the end of the month following the end of the calander quarter 

pursuant to 31 U.S.C. Sec. 3717. The interest rate assessed is the rate in effect as determined by the Treasury Department at the 

time the account becomes past due.

DISBURSEMENT SUMMARY

NOTE 1 - Include in this amount all checks written, wire transfers made from, or any other withdrawal from the general 

operating account. Exclude only transfers to the debtor in possession payroll account, the debtor in possession tax escrow 

account or other debtor in possession account where the disbursements will be listed on this report.

NOTE 2 - Include in this amount all checks written, wire transfers made from, or any other withdrawal from the payroll 

account. Exclude only transfers to the debtor in possession operating account, the debtor in possession tax escrow account 

or other debtor in possession account where the disbursements will be listed on this report.

NOTE 3 - Include in this amount all checks written, wire transfers made from, or any other withdrawal from the tax escrow 

account. Exclude only transfers to the debtor in possession operating account, the debtor in possession payroll account or 

other debtor in possession account where the disbursements will be listed on this report.

427,032.61

In accordance with the Bankruptcy Judgeship Act of 2017, Pub. L. No. 115-72, the following website link will take you to 

schedules which will apply for the calendar quarters beginning January 1, 2018 through September 30, 2018. 

0.00

0.00

0.00

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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DEBTOR: CASE NO:

Form SB-8

NARRATIVE

Please provide a brief description of any significant business and legal actions taken by the debtor, its creditors, 

or the court during the reporting period, any unusual or non-recurring accounting transactions that are reported in

the financial statements, and any significant changes in the financial condition of the debtor which have occurred

subsequent to the report date.

Operations have been closed down to the minimum activity to ensure available liquidity through the bankruptcy

process. Current staffing is down to 3 employees and all services reduced to a minimum.

GreenTech Automotive Inc 18-10651

FOR THE PERIOD _February 2019___

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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Financial Row Type Date Document Number Name Amount Balance

ASSETS $0.00 $0.00

Current Assets $0.00 $0.00

Bank $0.00 $0.00

10000 - Bank Accounts $0.00 $0.00

10200 - EagleBank Operating Account $0.00 $62,191.44

Bill Payment 1/2/2019 ACH183 V0098 Blue Cross Blue Shield ($20,867.45) $41,323.99

Bill Payment 1/3/2019 ACH184 V0212 Delta Dental of Virgina ($1,238.67) $40,085.32

Journal 1/3/2019 JE509 $100,000.00 $140,085.32

Journal 1/3/2019 JE509 $4,000.00 $144,085.32

Bill Payment 1/4/2019 ACH185 V1854 CNA Insurance ($21,102.00) $122,983.32

Bill Payment 1/9/2019 ACH186 V0073 AT&T Mobility ($2,045.86) $120,937.46

Journal 1/11/2019 JE497 ($41,725.88) $79,211.58

Journal 1/11/2019 JE497 ($21,466.01) $57,745.57

Journal 1/11/2019 JE497 ($858.63) $56,886.94

Journal 1/11/2019 JE497 ($237.48) $56,649.46

Journal 1/11/2019 JE510 $137,985.00 $194,634.46

Check 1/14/2019 ACH187 V0843 WageWorks ($39.01) $194,595.45

Journal 1/14/2019 JE512 ($62.94) $194,532.51

Check 1/15/2019 ACH188 V0843 WageWorks ($120.00) $194,412.51

Transfer 1/15/2019 219 $105,000.00 $299,412.51

Bill Payment 1/16/2019 ACH189 V0254 Equinix, Inc. ($6,964.88) $292,447.63

Bill Payment 1/16/2019 ACH190 V0053 Atmos Energy ($2,580.98) $289,866.65

Transfer 1/16/2019 220 $17,500.00 $307,366.65

Bill Payment 1/17/2019 ACH191 V0250 Entergy ($7,952.27) $299,414.38

Bill Payment 1/18/2019 ACH192 V0706 Standard Insurance Company ($884.04) $298,530.34

Bill Payment 1/18/2019 ACH193 V0831 Vision Service Plan ($300.30) $298,230.04

Check 1/18/2019 ACH194 V0843 WageWorks ($267.00) $297,963.04

Check 1/22/2019 ACH195 22 CORRY R DAVIS ($222.00) $297,741.04

Check 1/22/2019 ACH196 359 GILBERTO MARTINEZ ($222.00) $297,519.04

Bill Payment 1/22/2019 ACH197 V0539 Nextiva, Inc. ($1,109.41) $296,409.63

Journal 1/22/2019 JE511 $5,808.45 $302,218.08

Journal 1/24/2019 JE514 ($41,735.88) $260,482.20

Journal 1/24/2019 JE514 ($21,131.01) $239,351.19

Journal 1/24/2019 JE514 ($858.63) $238,492.56

Bill Payment 1/24/2019 1351 36 JOHN MERRELL ($7,311.01) $231,181.55

Check 1/25/2019 ACH198 V0843 WageWorks ($105.68) $231,075.87

Journal 1/25/2019 JE515 ($171.53) $230,904.34

Check 1/28/2019 ACH199 V1812 Principal Financial Group ($8,102.85) $222,801.49

Bill Payment 2/1/2019 ACHFeb2 V0098 Blue Cross Blue Shield ($16,320.90) $206,480.59

Bill Payment 2/4/2019 ACHFeb3 V0212 Delta Dental of Virgina ($1,238.67) $205,241.92

Bill Payment 2/4/2019 21 Vxxxx Incorporate.com ($235.00) $205,006.92

GreenTech Automotive, Inc.

WM Industries Corp. : Green Tech Automotive Inc.

Balance Sheet Detail

Feb-19

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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Bill Payment 2/6/2019 ACHFeb4 V0071 AT&T ($9,170.08) $195,836.84

Bill Payment 2/6/2019 1352 V0065 AMTECK, LLC ($400.00) $195,436.84

Bill Payment 2/6/2019 1353 V1584 Security Fire Protection Co. ($1,123.50) $194,313.34

Deposit 2/7/2019 DEFeb1 66 Saleen Automotive Inc $183,070.20 $377,383.54

Bill Payment 2/7/2019 1355 V0155 Cogent Communications, Inc. ($1,658.25) $375,725.29

Journal 2/8/2019 JEFeb1 ($41,735.84) $333,989.45

Journal 2/8/2019 JEFeb1 ($20,319.68) $313,669.77

Journal 2/8/2019 JEFeb1 ($858.63) $312,811.14

Journal 2/8/2019 JEFeb1 ($288.48) $312,522.66

Journal 2/12/2019 JEFeb2 ($65.04) $312,457.62

Bill Payment 2/13/2019 1354 V0799 Tunica County Utilities Dist ($1,183.62) $311,274.00

Bill Payment 2/14/2019 ACHFeb5 V1854 CNA Insurance ($13,276.00) $297,998.00

Bill Payment 2/15/2019 1356 xx CORRY DAVIS ($18.00) $297,980.00

Bill Payment 2/15/2019 1357 xx GT MARTINEZ ($50.52) $297,929.48

Bill Payment 2/15/2019 ACHFeb6 Vxxxx Hirschler Fleischer ($74,145.50) $223,783.98

Bill Payment 2/19/2019 ACHFeb7 Vxxxx Crowell & Moring ($186,297.47) $37,486.51

Deposit 2/20/2019 DEFeb2 66 Saleen Automotive Inc $102,826.80 $140,313.31

Check 2/20/2019 ACHFeb8 V0843 WageWorks ($13.50) $140,299.81

Deposit 2/21/2019 DEFeb3 xx Discovery Benefits $1,528.45 $141,828.26

Journal 2/22/2019 JEFeb2 ($33,270.28) $108,557.98

Journal 2/22/2019 JEFeb2 ($15,278.57) $93,279.41

Journal 2/22/2019 JEFeb2 ($858.63) $92,420.78

Journal 2/22/2019 JEFeb2 ($256.32) $92,164.46

Bill Payment 2/22/2019 ACHFeb9 V0250 Entergy ($4,041.79) $88,122.67

Bill Payment 2/22/2019 ACHFeb10 V0073 AT&T Mobility ($2,171.35) $85,951.32

Bill Payment 2/22/2019 ACHFeb11 V0706 Standard Insurance Company ($1,768.08) $84,183.24

Bill Payment 2/25/2019 ACHFeb12 V0831 Vision Service Plan ($214.24) $83,969.00

Check 2/25/2019 ACHFeb13 V0843 WageWorks ($105.68) $83,863.32

Check 2/26/2019 ACHfeb14 V0843 WageWorks ($113.99) $83,749.33

Check 2/28/2019 ACHFeb1 Vxxxx Citrix Systems ($555.00) $83,194.33

Total - 10200 - EagleBank Operating Account $160,610.05 $83,194.33

10210 - Eaglebank MM Savings Account $0.00 $247,378.45

Transfer 1/15/2019 219 ($105,000.00) $142,378.45

Transfer 1/16/2019 220 ($17,500.00) $124,878.45

Journal 1/31/2019 JE520 $168.02 $125,046.47

Journal 2/28/2019 JEFEB1 $100.19 $125,146.66

Total - 10210 - Eaglebank MM Savings Account ($122,231.79) $125,146.66

Total - 10000 - Bank Accounts $38,378.26 $208,340.99

Total Bank $38,378.26 $208,340.99

Accounts Receivable $0.00 $0.00

12100 - Accounts Receivable - Trade $0.00 $183,070.20

Invoice 1/31/2019 INV12 66 Saleen Automotive Inc $83,784.80 $266,855.00

Deposit 2/7/2019 DEFeb1 66 Saleen Automotive Inc ($183,070.20) $83,784.80

Invoice 2/7/2019 INV13 66 Saleen Automotive Inc $19,042.00 $102,826.80

Deposit 2/20/2019 DEFeb2 66 Saleen Automotive Inc ($102,826.80) $0.00

Total - 12100 - Accounts Receivable - Trade $83,784.80 $0.00

Total Accounts Receivable $83,784.80 $0.00

Other Current Asset $0.00 $0.00

12200 - Accounts Receivable-Other $0.00 $0.00

12250 - Accounts Receivable-Emp Loan $0.00 $23,332.00

Total - 12250 - Accounts Receivable-Emp Loan $0.00 $23,332.00

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

 Document Page 14 of 36
12520 - Accounts Receivable-Related Party $0.00 $34,634.48

Total - 12520 - Accounts Receivable-Related Party $0.00 $34,634.48

Total - 12200 - Accounts Receivable-Other $0.00 $57,966.48

12600 - Accounts Receivable-Intercompany $0.00 $0.00

12610 - Accounts Receivable-EUAuto $0.00 $2,943,149.04

Total - 12610 - Accounts Receivable-EUAuto $0.00 $2,943,149.04

12630 - Accounts Receivable-ACT $0.00 $1,140,000.00

Total - 12630 - Accounts Receivable-ACT $0.00 $1,140,000.00

12650 - Accounts Receivable-WMIC $0.00 $960.00

Total - 12650 - Accounts Receivable-WMIC $0.00 $960.00

Total - 12600 - Accounts Receivable-Intercompany $0.00 $4,084,109.04

13200 - Purchased Componets @ Standard $0.00 $0.00

13210 - Purchased Comps@Std Material $0.00 $1,854,376.37

Total - 13210 - Purchased Comps@Std Material $0.00 $1,854,376.37

Total - 13200 - Purchased Componets @ Standard $0.00 $1,854,376.37

13900 - Inventory Reserves $0.00 $0.00

13920 - Obsolete Inventory $0.00 ($927,183.30)

Total - 13920 - Obsolete Inventory $0.00 ($927,183.30)

Total - 13900 - Inventory Reserves $0.00 ($927,183.30)

14000 - Prepaid Expenses $0.00 $0.00

14100 - Prepaid Insurance $0.00 $85,000.00

Total - 14100 - Prepaid Insurance $0.00 $85,000.00

14280 - Prepaid Other $0.00 $419.00

Total - 14280 - Prepaid Other $0.00 $419.00

Total - 14000 - Prepaid Expenses $0.00 $85,419.00

14020 - Advances Paid $0.00 $5,025.00

Check 1/22/2019 ACH195 $222.00 $5,247.00

Check 1/22/2019 ACH196 $222.00 $5,469.00

Total - 14020 - Advances Paid $444.00 $5,469.00

Total Other Current Asset $444.00 $5,160,156.59

Total Current Assets $122,607.06 $5,368,497.58

Fixed Assets $0.00 $0.00

16000 - Property, Plant And Equipment $0.00 $0.00

16013 - Land $0.00 $1,850,000.00

Total - 16013 - Land $0.00 $1,850,000.00

16101 - Buildings $0.00 $16,564,518.95

Total - 16101 - Buildings $0.00 $16,564,518.95

16150 - Building Improvements-Robinsonville $0.00 $74,875.95

Total - 16150 - Building Improvements-Robinsonville $0.00 $74,875.95

16203 - Leasehold Improvements-Virgina $0.00 $1,200.00

Total - 16203 - Leasehold Improvements-Virgina $0.00 $1,200.00

16300 - Machinery & Equipment $0.00 $5,918,168.38

Total - 16300 - Machinery & Equipment $0.00 $5,918,168.38

16350 - Production Fixtures and Jigs $0.00 $769,337.78

Total - 16350 - Production Fixtures and Jigs $0.00 $769,337.78

16400 - Factory And Warehouse Equipmen $0.00 $74,059.38

Total - 16400 - Factory And Warehouse Equipmen $0.00 $74,059.38

16450 - Factory And Warehouse Vehicles $0.00 $112,382.40

Total - 16450 - Factory And Warehouse Vehicles $0.00 $112,382.40

16500 - Tooling, Dies & Molds $0.00 $414,373.82

Total - 16500 - Tooling, Dies & Molds $0.00 $414,373.82

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

 Document Page 15 of 36
16550 - Small Tools $0.00 $148,321.54

Total - 16550 - Small Tools $0.00 $148,321.54

16600 - Electronic Equipment $0.00 $844,904.67

Total - 16600 - Electronic Equipment $0.00 $844,904.67

16700 - Office Equipment $0.00 $11,574.75

Total - 16700 - Office Equipment $0.00 $11,574.75

16750 - Office Furniture & Fixtures $0.00 $216,268.49

Total - 16750 - Office Furniture & Fixtures $0.00 $216,268.49

16800 - Automobiles And Trucks $0.00 $82,965.21

Total - 16800 - Automobiles And Trucks $0.00 $82,965.21

16850 - Demo Cars $0.00 $1,181,222.01

Total - 16850 - Demo Cars $0.00 $1,181,222.01

Total - 16000 - Property, Plant And Equipment $0.00 $28,264,173.33

17000 - Accumulated Depreciation - Summary $0.00 $0.00

17100 - Accum Dep-Building $0.00 ($828,225.84)

Journal 1/31/2019 JE508 ($34,509.41) ($862,735.25)

Journal 2/28/2019 JEFEB3 ($34,509.41) ($897,244.66)

Total - 17100 - Accum Dep-Building ($34,509.41) ($897,244.66)

17101 - Accum Dep-Building-Robinsonville $0.00 ($828,225.84)

Total - 17101 - Accum Dep-Building-Robinsonville $0.00 ($828,225.84)

17150 - Accum Dep-Building Improvemnts $0.00 ($19,899.97)

Journal 1/31/2019 JE508 ($504.06) ($20,404.03)

Journal 2/28/2019 JEFEB3 ($504.06) ($20,908.09)

Total - 17150 - Accum Dep-Building Improvemnts ($504.06) ($20,908.09)

17300 - Accum Dep-Machinery & Equipmnt $0.00 ($523,102.43)

Journal 1/31/2019 JE508 ($2,059.58) ($525,162.01)

Journal 2/28/2019 JEFEB3 ($2,059.58) ($527,221.59)

Total - 17300 - Accum Dep-Machinery & Equipmnt ($2,059.58) ($527,221.59)

17400 - Accum Dep-Factory & Whse Equip $0.00 ($65,979.01)

Journal 1/31/2019 JE508 ($168.53) ($66,147.54)

Journal 2/28/2019 JEFEB3 ($168.53) ($66,316.07)

Total - 17400 - Accum Dep-Factory & Whse Equip ($168.53) ($66,316.07)

17450 - Accum Dep-Factry & Whse Vehicl $0.00 ($91,190.44)

Journal 1/31/2019 JE508 ($856.25) ($92,046.69)

Journal 2/28/2019 JEFEB3 ($856.25) ($92,902.94)

Total - 17450 - Accum Dep-Factry & Whse Vehicl ($856.25) ($92,902.94)

17550 - Accum Dep - Small Tools $0.00 ($148,317.93)

Journal 1/31/2019 JE508 ($3.61) ($148,321.54)

Journal 2/28/2019 JEFEB3 ($3.61) ($148,325.15)

Total - 17550 - Accum Dep - Small Tools ($3.61) ($148,325.15)

17600 - Accum Dep-Electronic Equipment $0.00 ($765,339.69)

Journal 1/31/2019 JE508 ($559.14) ($765,898.83)

Journal 1/31/2019 JE508 ($361.79) ($766,260.62)

Journal 1/31/2019 JE508 ($182.94) ($766,443.56)

Journal 1/31/2019 JE508 ($271.47) ($766,715.03)

Journal 1/31/2019 JE508 ($2,326.25) ($769,041.28)

Journal 1/31/2019 JE508 ($739.93) ($769,781.21)

Journal 2/28/2019 JEFEB3 ($559.14) ($770,340.35)

Journal 2/28/2019 JEFEB3 ($361.79) ($770,702.14)

Journal 2/28/2019 JEFEB3 ($182.94) ($770,885.08)

Journal 2/28/2019 JEFEB3 ($271.47) ($771,156.55)

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

 Document Page 16 of 36
Journal 2/28/2019 JEFEB3 ($2,326.25) ($773,482.80)

Journal 2/28/2019 JEFEB3 ($739.93) ($774,222.73)

Total - 17600 - Accum Dep-Electronic Equipment ($4,441.52) ($774,222.73)

17700 - Accum Dep-Office Equipment $0.00 ($9,793.43)

Journal 1/31/2019 JE508 ($29.02) ($9,822.45)

Journal 2/28/2019 JEFEB3 ($29.02) ($9,851.47)

Total - 17700 - Accum Dep-Office Equipment ($29.02) ($9,851.47)

17750 - Accum Dep-Office Furn & Fixtur $0.00 ($140,805.75)

Journal 1/31/2019 JE508 ($2,143.85) ($142,949.60)

Journal 2/28/2019 JEFEB3 ($2,143.85) ($145,093.45)

Total - 17750 - Accum Dep-Office Furn & Fixtur ($2,143.85) ($145,093.45)

17800 - Accum Dep-Automobiles & Trucks $0.00 ($27,814.59)

Journal 1/31/2019 JE508 ($238.42) ($28,053.01)

Journal 1/31/2019 JE508 ($366.67) ($28,419.68)

Journal 2/28/2019 JEFEB3 ($238.42) ($28,658.10)

Journal 2/28/2019 JEFEB3 ($366.67) ($29,024.77)

Total - 17800 - Accum Dep-Automobiles & Trucks ($605.09) ($29,024.77)

17850 - Accum Dep-Demo Cars $0.00 ($671,674.33)

Journal 1/31/2019 JE508 ($6,449.80) ($678,124.13)

Journal 1/31/2019 JE508 ($2,764.97) ($680,889.10)

Journal 1/31/2019 JE508 ($5,581.71) ($686,470.81)

Journal 2/28/2019 JEFEB3 ($6,449.80) ($692,920.61)

Journal 2/28/2019 JEFEB3 ($2,764.97) ($695,685.58)

Journal 2/28/2019 JEFEB3 ($5,581.71) ($701,267.29)

Total - 17850 - Accum Dep-Demo Cars ($14,796.48) ($701,267.29)

Total - 17000 - Accumulated Depreciation - Summary ($60,117.40) ($4,240,604.05)

Total Fixed Assets ($60,117.40) $24,023,569.28

Other Assets $0.00 $0.00

15100 - Capitalized Startup/Development $0.00 $0.00

15140 - Economic Research $0.00 $103,003.60

Total - 15140 - Economic Research $0.00 $103,003.60

15150 - Capitalized Development $0.00 $11,047,311.61

Total - 15150 - Capitalized Development $0.00 $11,047,311.61

Total - 15100 - Capitalized Startup/Development $0.00 $11,150,315.21

18000 - Other Long Term Assets $0.00 $0.00

18100 - Intangible Assets $0.00 $0.00

18120 - Patents/ Technology $0.00 $54,838.23

Total - 18120 - Patents/ Technology $0.00 $54,838.23

18140 - Trademarks And Trade Names $0.00 $14,150.10

Total - 18140 - Trademarks And Trade Names $0.00 $14,150.10

18160 - Licenses $0.00 $41,132.12

Total - 18160 - Licenses $0.00 $41,132.12

18165 - Accum Amortization-License $0.00 ($12,889.75)

Total - 18165 - Accum Amortization-License $0.00 ($12,889.75)

18180 - Software $0.00 $1,673,582.73

Total - 18180 - Software $0.00 $1,673,582.73

18185 - Accum Amortization-Software $0.00 ($1,381,820.05)

Journal 1/31/2019 JE508 ($3,566.61) ($1,385,386.66)

Journal 1/31/2019 JE508 ($3,670.43) ($1,389,057.09)

Journal 1/31/2019 JE508 ($822.03) ($1,389,879.12)

Journal 1/31/2019 JE508 ($3,040.57) ($1,392,919.69)

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

 Document Page 17 of 36
Journal 2/28/2019 JEFEB3 ($3,566.61) ($1,396,486.30)

Journal 2/28/2019 JEFEB3 ($3,670.43) ($1,400,156.73)

Journal 2/28/2019 JEFEB3 ($822.03) ($1,400,978.76)

Journal 2/28/2019 JEFEB3 ($3,040.57) ($1,404,019.33)

Total - 18185 - Accum Amortization-Software ($11,099.64) ($1,404,019.33)

18190 - Website Development $0.00 $136,875.00

Total - 18190 - Website Development $0.00 $136,875.00

18195 - Acc Amort-Website Development $0.00 ($21,837.50)

Total - 18195 - Acc Amort-Website Development $0.00 ($21,837.50)

Total - 18100 - Intangible Assets ($11,099.64) $481,831.60

18500 - Investments In Subsidiaries & $0.00 $0.00

18510 - Investment In Subsidiary $0.00 $16,000,000.00

Total - 18510 - Investment In Subsidiary $0.00 $16,000,000.00

18540 - Investment in Subsidiary-WMGTA China $0.00 $2,788,230.00

Total - 18540 - Investment in Subsidiary-WMGTA China $0.00 $2,788,230.00

18700 - Land-Purchase Option $0.00 $34,000.00

Total - 18700 - Land-Purchase Option $0.00 $34,000.00

18800 - Security Deposits $0.00 $30,287.50

Total - 18800 - Security Deposits $0.00 $30,287.50

Total - 18500 - Investments In Subsidiaries & $0.00 $18,852,517.50

Total - 18000 - Other Long Term Assets ($11,099.64) $19,334,349.10

18600 - Investment in Related party $0.00 $115,866,098.29

Currency Revaluation 1/1/2019 140 ($3,332,781.15) $112,533,317.14

Currency Revaluation 1/31/2019 143 $6,236,188.04 $118,769,505.18

Currency Revaluation 2/28/2019 $133,675.19 $118,903,180.37

Total - 18600 - Investment in Related party $2,903,406.89 $118,903,180.37

Total Other Assets $2,892,307.25 $149,387,844.68

Total ASSETS $2,954,796.91 $178,779,911.54

LIABILITIES & EQUITY $0.00 $0.00

Current Liabilities $0.00 $0.00

Accounts Payable $0.00 $0.00

21000 - Accounts Payable $0.00 $1,184,176.57

Bill 1/1/2019 Jan19 V0706 Standard Insurance Company $884.04 $1,185,060.61

Bill 1/1/2019 01/2019 V0155 Cogent Communications, Inc. $550.00 $1,185,610.61

Bill 1/1/2019 01/2019 V0098 Blue Cross Blue Shield $20,867.45 $1,206,478.06

Bill 1/1/2019 01/2019 V0212 Delta Dental of Virgina $1,238.67 $1,207,716.73

Bill 1/1/2019 Ext1 V1854 CNA Insurance $21,102.00 $1,228,818.73

Currency Revaluation 1/1/2019 142 V1863 YW Chan $0.38 $1,228,819.11

Bill 1/1/2019 709137 V0535 NetSuite, Inc. $12,299.04 $1,241,118.15

Bill 1/1/2019 100210128509 V0254 Equinix, Inc. $3,482.44 $1,244,600.59

Bill Payment 1/2/2019 ACH183 V0098 Blue Cross Blue Shield ($20,867.45) $1,223,733.14

Bill Payment 1/3/2019 ACH184 V0212 Delta Dental of Virgina ($1,238.67) $1,222,494.47

Bill Payment 1/4/2019 ACH185 V1854 CNA Insurance ($21,102.00) $1,201,392.47

Bill 1/9/2019 287025208764x01092019 V0073 AT&T Mobility $1,022.56 $1,202,415.03

Bill Payment 1/9/2019 ACH186 V0073 AT&T Mobility ($2,045.86) $1,200,369.17

Bill 1/11/2019 01/2019 V0053 Atmos Energy $1,290.35 $1,201,659.52

Bill 1/12/2019 200 V0470 Managed Benefits, Inc. $1,250.00 $1,202,909.52

Bill 1/15/2019 01/2019 V0799 Tunica County Utilities Dist $389.52 $1,203,299.04

Bill Payment 1/16/2019 ACH189 V0254 Equinix, Inc. ($6,964.88) $1,196,334.16

Bill Payment 1/16/2019 ACH190 V0053 Atmos Energy ($2,580.98) $1,193,753.18

Expense Report 1/16/2019 96 36 JOHN MERRELL $7,311.01 $1,201,064.19

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

 Document Page 18 of 36
Bill 1/17/2019 01/2019 V0250 Entergy $4,253.71 $1,205,317.90

Bill Payment 1/17/2019 ACH191 V0250 Entergy ($7,952.27) $1,197,365.63

Bill 1/18/2019 01/2019 V0831 Vision Service Plan $158.45 $1,197,524.08

Bill 1/18/2019 01/2019 V0071 AT&T $2,297.22 $1,199,821.30

Bill Payment 1/18/2019 ACH192 V0706 Standard Insurance Company ($884.04) $1,198,937.26

Bill Payment 1/18/2019 ACH193 V0831 Vision Service Plan ($300.30) $1,198,636.96

Bill 1/20/2019 01/2019 V0539 Nextiva, Inc. $1,109.41 $1,199,746.37

Bill Payment 1/22/2019 ACH197 V0539 Nextiva, Inc. ($1,109.41) $1,198,636.96

Bill Payment 1/24/2019 1351 36 JOHN MERRELL ($7,311.01) $1,191,325.95

Currency Revaluation 1/31/2019 145 V1863 YW Chan ($1.69) $1,191,324.26

Bill 2/1/2019 Ext2 V1854 CNA Insurance $13,276.00 $1,204,600.26

Bill 2/1/2019 Feb-19 V0212 Delta Dental of Virgina $1,238.67 $1,205,838.93

Bill 2/1/2019 Feb-19 V0098 Blue Cross Blue Shield $16,320.90 $1,222,159.83

Bill Payment 2/1/2019 ACHFeb2 V0098 Blue Cross Blue Shield ($16,320.90) $1,205,838.93

Bill 2/1/2019 Feb-19 V0155 Cogent Communications, Inc. $550.00 $1,206,388.93

Bill 2/1/2019 V0254 Equinix, Inc. $3,482.44 $1,209,871.37

Bill 2/1/2019 19-Feb V0706 Standard Insurance Company $1,768.08 $1,211,639.45

Bill Payment 2/4/2019 ACHFeb3 V0212 Delta Dental of Virgina ($1,238.67) $1,210,400.78

Bill Payment 2/6/2019 ACHFeb4 V0071 AT&T ($9,170.08) $1,201,230.70

Bill Payment 2/6/2019 1352 V0065 AMTECK, LLC ($400.00) $1,200,830.70

Bill Payment 2/6/2019 1353 V1584 Security Fire Protection Co. ($1,123.50) $1,199,707.20

Bill Payment 2/7/2019 1355 V0155 Cogent Communications, Inc. ($1,658.25) $1,198,048.95

Bill Payment 2/9/2019 287025208764x02092019 V0073 AT&T Mobility $1,076.51 $1,199,125.46

Bill 2/11/2019 Feb-19 V0053 Atmos Energy $1,523.98 $1,200,649.44

Bill Payment 2/13/2019 1354 V0799 Tunica County Utilities Dist ($1,183.62) $1,199,465.82

Bill Payment 2/14/2019 ACHFeb5 V1854 CNA Insurance ($13,276.00) $1,186,189.82

Bill 2/15/2019 Feb-19 V0799 Tunica County Utilities Dist $375.16 $1,186,564.98

Bill 2/18/2019 Feb-19 V0071 AT&T $2,267.15 $1,188,832.13

Bill 2/18/2019 Feb-19 V0831 Vision Service Plan $55.79 $1,188,887.92

Bill Payment 2/22/2019 ACHFeb9 V0250 Entergy ($4,041.79) $1,184,846.13

Bill Payment 2/22/2019 ACHFeb10 V0073 AT&T Mobility ($2,171.35) $1,182,674.78

Bill Payment 2/22/2019 ACHFeb11 V0706 Standard Insurance Company ($1,768.08) $1,180,906.70

Bill Payment 2/25/2019 ACHFeb12 V0831 Vision Service Plan ($214.24) $1,180,692.46

Bill 2/26/2019 Feb-19 V0250 Entergy $4,044.55 $1,184,737.01

Total - 21000 - Accounts Payable $7,147.69 $1,184,737.01

Total Accounts Payable $7,147.69 $1,184,737.01

Other Current Liability $0.00 $0.00

22000 - Notes Payable - Summary $0.00 $0.00

22010 - Notes Payable $0.00 $19,500,000.00

Total - 22010 - Notes Payable $0.00 $19,500,000.00

22030 - Notes Payable-Intercompany $0.00 $940,466.00

Total - 22030 - Notes Payable-Intercompany $0.00 $940,466.00

Total - 22000 - Notes Payable - Summary $0.00 $20,440,466.00

23000 - Employee Witholdings And Taxes $0.00 $0.00

23420 - Withholding-Section 125 $0.00 $1,450.42

Journal 1/11/2019 JE500 $115.21 $1,565.63

Check 1/14/2019 ACH187 ($39.01) $1,526.62

Check 1/15/2019 ACH188 ($120.00) $1,406.62

Check 1/18/2019 ACH194 ($267.00) $1,139.62

Journal 1/24/2019 JE516 $115.21 $1,254.83

Check 1/25/2019 ACH198 ($105.68) $1,149.15

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

 Document Page 19 of 36
Check 2/20/2019 ACHFeb8 ($13.50) $1,135.65

Check 2/25/2019 ACHFeb13 ($105.68) $1,029.97

Check 2/26/2019 ACHfeb14 ($113.99) $915.98

Journal 2/7/2019 JEFEB6 $115.21 $1,031.19

Total - 23420 - Withholding-Section 125 ($301.27) $1,031.19

Total - 23000 - Employee Witholdings And Taxes ($301.27) $1,031.19

24000 - Payroll Accruals $0.00 $0.00

24010 - Accrued-Salaries & Wages $0.00 $32,777.00

Journal 1/1/2019 JE499 ($32,777.00) $0.00

Total - 24010 - Accrued-Salaries & Wages ($32,777.00) $0.00

24030 - ACCRUED-Social security $0.00 $3,823.27

Journal 1/1/2019 JE499 ($3,823.27) $0.00

Total - 24030 - ACCRUED-Social security ($3,823.27) $0.00

Total - 24000 - Payroll Accruals ($36,600.27) $0.00

25000 - Other Accruals $0.00 $0.00

25130 - Accrued-Freight Out $0.00 $6,212.04

Journal 1/1/2019 JE507 ($6,212.04) $0.00

Total - 25130 - Accrued-Freight Out ($6,212.04) $0.00

25151 - Accrued-Interest EB-5 $0.00 $3,224,241.44

Total - 25151 - Accrued-Interest EB-5 $0.00 $3,224,241.44

25160 - Accrued-Legal Fees $0.00 $351,820.37

Journal 1/31/2019 JE522 $39,445.07 $391,265.44

Journal 2/28/2019 JEFEB2 $39,993.82 $431,259.26

Bill Payment 2/15/2019 ACHFeb6 Vxxxx Hirschler Fleischer ($74,145.50) $357,113.76

Bill Payment 2/19/2019 ACHFeb7 Vxxxx Crowell & Moring ($186,297.47) $170,816.29

Total - 25160 - Accrued-Legal Fees $39,445.07 $170,816.29

25175 - Accrued-Professional Fee-GCFM $0.00 $901,583.43

Total - 25175 - Accrued-Professional Fee-GCFM $0.00 $901,583.43

Total - 25000 - Other Accruals $33,233.03 $4,296,641.16

26010 - Eb-5 Additional Payment Recd $0.00 $1,416,500.00

Journal 1/3/2019 JE509 $100,000.00 $1,516,500.00

Journal 1/3/2019 JE509 $4,000.00 $1,520,500.00

Journal 1/11/2019 JE510 $138,000.00 $1,658,500.00

Journal 1/22/2019 JE511 $4,000.00 $1,662,500.00

Total - 26010 - Eb-5 Additional Payment Recd $246,000.00 $1,662,500.00

26030 - Other payables $0.00 $7,615,426.40

Total - 26030 - Other payables $0.00 $7,615,426.40

Total Other Current Liability $242,331.49 $34,016,064.75

Total Current Liabilities $249,479.18 $35,200,801.76

Long Term Liabilities $0.00 $0.00

29100 - Long Term-Notes Payable $0.00 $0.00

29101 - Long Term-Notes Pay-St Of Ms $0.00 $4,700,000.00

Total - 29101 - Long Term-Notes Pay-St Of Ms $0.00 $4,700,000.00

29102 - Long Term-Notes Pay-Eb-5(A3) $0.00 $39,400,000.00

Total - 29102 - Long Term-Notes Pay-Eb-5(A3) $0.00 $39,400,000.00

Total - 29100 - Long Term-Notes Payable $0.00 $44,100,000.00

Total Long Term Liabilities $0.00 $44,100,000.00

Equity $0.00 $0.00

30000 - Stockholders Equity $0.00 $0.00

32000 - Additional Paid In Capital $0.00 $16,000,000.00

Total - 32000 - Additional Paid In Capital $0.00 $16,000,000.00

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33010 - Eb-5 Investment (A-1, A-2) $0.00 $46,000,128.00

Total - 33010 - Eb-5 Investment (A-1, A-2) $0.00 $46,000,128.00

33030 - Eb-5 Investment (A-4) $0.00 $39,100,097.00

Total - 33030 - Eb-5 Investment (A-4) $0.00 $39,100,097.00

34000 - Capital Injection $0.00 $434,950.00

Total - 34000 - Capital Injection $0.00 $434,950.00

Total - 30000 - Stockholders Equity $0.00 $101,535,175.00

Retained Earnings ($4,644,533.30) ($4,644,533.30)

Net Income $2,588,468.08 $2,588,468.08

Total Equity ($2,056,065.22) $99,479,109.78

Total LIABILITIES & EQUITY ($1,806,586.04) $178,779,911.54

$0.00

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Financial Row Type Date Document Number Name Clr Split Amount

Ordinary Income/Expense

Income

48000 - Sales-Intercompany

48210 - Technological consulting

Invoice 1/31/2019 INV12 66 Saleen Automotive Inc F 12100 - Accounts Receivable - Trade $83,784.80

Invoice 2/7/2019 INV13 66 Saleen Automotive Inc F 12100 - Accounts Receivable - Trade $19,042.00

Total - 48210 - Technological consulting $102,826.80

Total - 48000 - Sales-Intercompany $102,826.80

Total - Income $102,826.80

Cost Of Sales

60000 - Payroll Costs

60050 - Indirect Labor

Journal 1/1/2019 JE499 F - Split - ($30,082.67)

Journal 1/11/2019 JE497 F - Split - $52,644.70

Journal 1/11/2019 JE500 F 23420 - Employee Witholdings And Taxes : Withholding-Section 125 $115.21

Journal 1/24/2019 JE514 F - Split - $52,644.70

Journal 1/24/2019 JE516 F 23420 - Employee Witholdings And Taxes : Withholding-Section 125 $115.21

Journal 2/7/2019 JEFEB5 F - Split - $52,644.70

Journal 2/7/2019 JEFEB6 F 23420 - Employee Witholdings And Taxes : Withholding-Section 125 $115.21

Journal 2/21/2019 JEFEB7 F - Split - $40,536.42

Total - 60050 - Indirect Labor $168,733.48

60100 - Regular Pay-Exempt

Journal 1/1/2019 JE499 F - Split - ($1,491.92)

Journal 1/11/2019 JE497 F - Split - $2,610.86

Journal 1/24/2019 JE514 F - Split - $2,610.86

Journal 2/7/2019 JEFEB5 F - Split - $2,610.86

Journal 2/21/2019 JEFEB7 F - Split - $2,610.86

Total - 60100 - Regular Pay-Exempt $8,951.52

60700 - Payroll-Other

Journal 1/1/2019 JE499 F - Split - ($490.65)

Journal 1/11/2019 JE497 F - Split - $858.63

Journal 1/24/2019 JE514 F - Split - $858.63

Journal 2/7/2019 JEFEB5 F - Split - $858.63

Journal 2/21/2019 JEFEB7 F - Split - $858.63

Total - 60700 - Payroll-Other $2,943.87

Total - 60000 - Payroll Costs $180,628.87

Total - Cost Of Sales $180,628.87

Gross Profit ($77,802.07)

Expense

61000 - Employee Benefits

61110 - Group Insurance-Medical

Bill 1/1/2019 Jan19 V0706 Standard Insurance Company F 21000 - Accounts Payable $884.04

Bill 1/1/2019 01/2019 V0098 Blue Cross Blue Shield F 21000 - Accounts Payable $16,320.90

Bill 2/1/2019 Feb-19 V0098 Blue Cross Blue Shield F 21000 - Accounts Payable $20,867.45

Journal 1/1/2019 JE499 F - Split - ($643.34)

Journal 1/11/2019 JE497 F - Split - $1,125.87

Bill 1/12/2019 200 V0470 Managed Benefits, Inc. F 21000 - Accounts Payable $1,250.00

Journal 1/24/2019 JE514 F - Split - $1,125.87

Bill 2/1/2019 19-Feb V0706 Standard Insurance Company F 21000 - Accounts Payable $1,768.08

Journal 2/7/2019 JEFEB5 F - Split - $1,125.87

Journal 2/21/2019 JEFEB7 F - Split - $1,125.87

Total - 61110 - Group Insurance-Medical $44,950.61

61120 - Group Insurance-Dental

Bill 1/1/2019 01/2019 V0212 Delta Dental of Virgina F 21000 - Accounts Payable $1,238.67

Bill 2/1/2019 Feb-19 V0212 Delta Dental of Virgina F 21000 - Accounts Payable $1,238.67

Journal 1/1/2019 JE499 F - Split - ($55.10)

Journal 1/11/2019 JE497 F - Split - $96.44

Journal 1/24/2019 JE514 F - Split - $96.44

Journal 2/7/2019 JEFEB5 F - Split - $96.44

GreenTech Automotive, Inc.

WM Industries Corp. : Green Tech Automotive Inc.

Income Statement Detail

Feb-19

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Journal 2/21/2019 JEFEB7 F - Split - $96.44

Total - 61120 - Group Insurance-Dental $2,808.00

61130 - Group Insurance-Life

Journal 1/1/2019 JE499 F - Split - ($3.81)

Journal 1/11/2019 JE497 F - Split - $6.67

Journal 1/24/2019 JE514 F - Split - $6.67

Journal 2/7/2019 JEFEB5 F - Split - $6.67

Journal 2/21/2019 JEFEB7 F - Split - $6.67

Total - 61130 - Group Insurance-Life $22.87

61150 - Group Insurance-Vision

Journal 1/1/2019 JE499 F - Split - ($9.50)

Journal 1/11/2019 JE497 F - Split - $16.61

Bill 1/18/2019 01/2019 V0831 Vision Service Plan F 21000 - Accounts Payable $158.45

Journal 1/24/2019 JE514 F - Split - $16.61

Bill 2/18/2019 Feb-19 V0831 Vision Service Plan F 21000 - Accounts Payable $55.79

Journal 2/7/2019 JEFEB5 F - Split - $16.61

Journal 2/21/2019 JEFEB7 F - Split - $16.61

Total - 61150 - Group Insurance-Vision $271.18

61190 - Group Insurance-Other

Journal 1/22/2019 JE511 F - Split - ($1,528.45)

Deposit 2/21/2019 DEFeb3 xx Discovery Benefits F 10200 - Bank Accounts : EagleBank Operating Account ($1,528.45)

Total - 61190 - Group Insurance-Other ($3,056.90)

61390 - Payroll Taxes-Other

Journal 1/1/2019 JE499 F - Split - ($3,823.28)

Journal 1/11/2019 JE497 F - Split - $6,690.74

Journal 1/24/2019 JE514 F - Split - $6,365.74

Journal 2/7/2019 JEFEB5 F - Split - $5,554.37

Journal 2/21/2019 JEFEB7 F - Split - $4,155.98

Total - 61390 - Payroll Taxes-Other $18,943.55

Total - 61000 - Employee Benefits $63,939.31

63000 - Other Employee Costs

63950 - Employee Costs-Other

Journal 1/11/2019 JE497 F - Split - $237.48

Journal 1/25/2019 JE515 F 10200 - Bank Accounts : EagleBank Operating Account $171.53

Journal 2/7/2019 JEFEB5 F 10200 - Bank Accounts : EagleBank Operating Account $288.48

Journal 2/21/2019 JEFEB7 F 10200 - Bank Accounts : EagleBank Operating Account $256.32

Total - 63950 - Employee Costs-Other $953.81

Total - 63000 - Other Employee Costs $953.81

64000 - Travel And Entertainment

64140 - Ground Transportation

Journal 1/1/2019 JE507 F 25130 - Other Accruals : Accrued-Freight Out ($6,212.04)

Expense Report 1/16/2019 96 36 JOHN MERRELL F 21000 - Accounts Payable $6,212.04

Bill 2/15/2019 1356 xx CORRY DAVIS F 10200 - Bank Accounts : EagleBank Operating Account $18.00

Bill 2/15/2019 1357 xx GT MARTINEZ F 10200 - Bank Accounts : EagleBank Operating Account $50.52

Total - 64140 - Ground Transportation $68.52

Total - 64000 - Travel And Entertainment $68.52

68000 - Office Expense

68650 - Computer Supplies

Expense Report 1/16/2019 96 36 JOHN MERRELL F 21000 - Accounts Payable $1,098.97

Total - 68650 - Computer Supplies $1,098.97

68900 - Software Expense & Maintenance

Bill 1/1/2019 709137 V0535 NetSuite, Inc. F 21000 - Accounts Payable $12,299.04

Total - 68900 - Software Expense & Maintenance $12,299.04

Total - 68000 - Office Expense $13,398.01

69000 - Utilities & Telephone

69050 - Utilities-Gas

Bill 1/11/2019 01/2019 V0053 Atmos Energy F 21000 - Accounts Payable $1,290.35

Bill 2/11/2019 Feb-19 V0053 Atmos Energy F 21000 - Accounts Payable $1,523.98

Total - 69050 - Utilities-Gas $2,814.33

69100 - Utilities-Electricity

Bill 1/17/2019 01/2019 V0250 Entergy F 21000 - Accounts Payable $4,253.71

Bill 2/26/2019 Feb-19 V0250 Entergy F 21000 - Accounts Payable $4,044.55

Total - 69100 - Utilities-Electricity $8,298.26

69150 - Utilities-Water

Bill 1/15/2019 01/2019 V0799 Tunica County Utilities Dist F 21000 - Accounts Payable $375.16

Bill 2/15/2019 Feb-19 V0799 Tunica County Utilities Dist F 21000 - Accounts Payable $375.16

Total - 69150 - Utilities-Water $750.32

69250 - Utilities-Telephone

Bill 1/18/2019 01/2019 V0071 AT&T F 21000 - Accounts Payable $2,267.15

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Bill 1/20/2019 01/2019 V0539 Nextiva, Inc. F 21000 - Accounts Payable $1,109.41

Bill 2/18/2019 Feb-19 V0071 AT&T F 21000 - Accounts Payable $2,267.15

Total - 69250 - Utilities-Telephone $5,643.71

69300 - Utilities-Cell Phone

Bill 1/9/2019 287025208764x01092019 V0073 AT&T Mobility F 21000 - Accounts Payable $997.20

Bill 2/9/2019 287025208764x02092019 V0073 AT&T Mobility F 21000 - Accounts Payable $1,076.51

Total - 69300 - Utilities-Cell Phone $2,073.71

69400 - Utilities-Data Services

Bill 1/1/2019 01/2019 V0155 Cogent Communications, Inc. F 21000 - Accounts Payable $550.00

Bill 1/1/2019 100210128509 V0254 Equinix, Inc. F 21000 - Accounts Payable $3,482.44

Bill 2/1/2019 Feb-19 V0155 Cogent Communications, Inc. F 21000 - Accounts Payable $550.00

Bill 2/1/2019 V0254 Equinix, Inc. F 21000 - Accounts Payable $3,482.44

Bill 2/28/2019 Vxxxx Citrix Systems F 21000 - Accounts Payable $555.00

Total - 69400 - Utilities-Data Services $8,619.88

Total - 69000 - Utilities & Telephone $28,200.21

86000 - Professional Fees

86600 - Legal Fees

Journal 1/31/2019 JE522 F 25160 - Other Accruals : Accrued-Legal Fees $39,445.07

Journal 2/28/2019 JEFEB2 F 25160 - Other Accruals : Accrued-Legal Fees $39,993.82

Total - 86600 - Legal Fees $79,438.89

86640 - Immigration Fees

Journal 1/22/2019 JE511 F - Split - ($280.00)

Total - 86640 - Immigration Fees ($280.00)

86850 - Accounting Fees-Other

Check 1/28/2019 ACH199 V1812 Principal Financial Group F 10200 - Bank Accounts : EagleBank Operating Account $8,102.85

Bill 2/4/2019 21 Vxxxx Incorporate.com F 10200 - Bank Accounts : EagleBank Operating Account $235.00

Total - 86850 - Accounting Fees-Other $8,337.85

Total - 86000 - Professional Fees $87,496.74

87100 - Insurance

87110 - Insurance-Property & Liability

Bill 1/1/2019 Ext1 V1854 CNA Insurance F 21000 - Accounts Payable $21,102.00

Bill 2/1/2019 Ext2 V1854 CNA Insurance F 21000 - Accounts Payable $13,276.00

Total - 87110 - Insurance-Property & Liability $34,378.00

Total - 87100 - Insurance $34,378.00

88000 - Depreciation

88100 - Depreciation - Buildings

Journal 1/31/2019 JE508 F - Split - $34,509.41

Journal 2/28/2019 JEFEB3 F - Split - $34,509.41

Total - 88100 - Depreciation - Buildings $69,018.82

88150 - Depreciation-Building Improv

Journal 1/31/2019 JE508 F - Split - $504.06

Journal 2/28/2019 JEFEB3 F - Split - $504.06

Total - 88150 - Depreciation-Building Improv $1,008.12

88300 - Depreciation-Machinery & Equip

Journal 1/31/2019 JE508 F - Split - $2,059.58

Journal 2/28/2019 JEFEB3 F - Split - $2,059.58

Total - 88300 - Depreciation-Machinery & Equip $4,119.16

88400 - Depreciation-Factory And Warehouse Equipment

Journal 1/31/2019 JE508 F - Split - $168.53

Journal 2/28/2019 JEFEB3 F - Split - $168.53

Total - 88400 - Depreciation-Factory And Warehouse Equipment $337.06

88450 - Depreciation-Factory And Warehouse Trucks

Journal 1/31/2019 JE508 F - Split - $856.25

Journal 2/28/2019 JEFEB3 F - Split - $856.25

Total - 88450 - Depreciation-Factory And Warehouse Trucks $1,712.50

88550 - Depreciation - Small Tools

Journal 1/31/2019 JE508 F - Split - $3.61

Journal 2/28/2019 JEFEB3 F - Split - $3.61

Total - 88550 - Depreciation - Small Tools $7.22

88600 - Depreciation-Electronic Equipment

Journal 1/31/2019 JE508 F - Split - $4,441.52

Journal 2/28/2019 JEFEB3 F - Split - $4,441.52

Total - 88600 - Depreciation-Electronic Equipment $8,883.04

88700 - Depreciation-Office Equipment

Journal 1/31/2019 JE508 F - Split - $29.02

Journal 2/28/2019 JEFEB3 F - Split - $29.02

Total - 88700 - Depreciation-Office Equipment $58.04

88750 - Depreciation-Office Furniture

Journal 1/31/2019 JE508 F - Split - $2,143.85

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Journal 2/28/2019 JEFEB3 F - Split - $2,143.85

Total - 88750 - Depreciation-Office Furniture $4,287.70

88800 - Depreciation-Autos And Trucks

Journal 1/31/2019 JE508 F - Split - $605.09

Journal 2/28/2019 JEFEB3 F - Split - $605.09

Total - 88800 - Depreciation-Autos And Trucks $1,210.18

88850 - Depreciation-Demo Cars

Journal 1/31/2019 JE508 F - Split - $14,796.48

Journal 2/28/2019 JEFEB3 F - Split - $14,796.48

Total - 88850 - Depreciation-Demo Cars $29,592.96

88900 - Amortization-Software

Journal 1/31/2019 JE508 F - Split - $11,099.64

Journal 2/28/2019 JEFEB3 F - Split - $11,099.64

Total - 88900 - Amortization-Software $22,199.28

Total - 88000 - Depreciation $142,434.08

89000 - Miscellaneous Expense

89800 - Bank Service Charge

Bill 1/9/2019 287025208764x01092019 V0073 AT&T Mobility F 21000 - Accounts Payable $25.36

Journal 1/11/2019 JE510 F - Split - $15.00

Journal 1/14/2019 JE512 F 10200 - Bank Accounts : EagleBank Operating Account $62.94

Bill 1/15/2019 01/2019 V0799 Tunica County Utilities Dist F 21000 - Accounts Payable $14.36

Bill 1/18/2019 01/2019 V0071 AT&T F 21000 - Accounts Payable $30.07

Journal 2/12/2019 JEFeb2 10200 - Bank Accounts : EagleBank Operating Account $65.04

Total - 89800 - Bank Service Charge $212.77

Total - 89000 - Miscellaneous Expense $212.77

Total - Expense $371,081.45

Net Ordinary Income ($448,883.52)

Other Income and Expenses

Other Income

91000 - Interest Income

91100 - Interest Income-3rd Party

Journal 1/31/2019 JE520 F 10210 - Bank Accounts : Eaglebank MM Savings Account $168.02

Journal 2/28/2019 JEFEB1 F 10210 - Bank Accounts : Eaglebank MM Savings Account $100.19

Total - 91100 - Interest Income-3rd Party $268.21

Total - 91000 - Interest Income $268.21

Total - Other Income $268.21

Other Expense

Unrealized Gain/Loss

Currency Revaluation 1/1/2019 142 F 21000 - Accounts Payable $0.38

Currency Revaluation 1/1/2019 140 F 18600 - Investment in Related party $3,332,781.15

Currency Revaluation 1/31/2019 143 F 18600 - Investment in Related party ($6,236,188.04)

Currency Revaluation 1/31/2019 145 F 21000 - Accounts Payable ($1.69)

Currency Revaluation 2/28/2019 F 18600 - Investment in Related party $ (133,675.19)

Total - Unrealized Gain/Loss ($3,037,083.39)

Total - Other Expense ($3,037,083.39)

Net Other Income $3,037,351.60

Net Income $2,588,468.08

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Vendor Current 1/20/2019 - 2/18/2019 (30) 12/21/2018 - 1/19/2019 (60) 11/21/2018 - 12/20/2018 (90) Before 11/21/2018 (>90) Total

Open Balance Open Balance Open Balance Open Balance Open Balance Open Balance

Vendor

V0004 Action Pest Control, Inc. $0.00 $0.00 $0.00 $0.00 $856.00 $856.00

V0019 Akerman LLP IOLA Account $0.00 $0.00 $0.00 $0.00 $102,468.44 $102,468.44

V0053 Atmos Energy $0.00 $1,523.98 $0.00 $0.00 $6,696.20 $8,220.18

V0065 AMTECK, LLC $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

V0071 AT&T $0.00 $2,267.15 $0.00 $0.00 $0.00 $2,267.15

V0073 AT&T Mobility $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

V0081 Batteries Plus $0.00 $0.00 $0.00 $0.00 $117.95 $117.95

V0120 Capitol Office Solutions, LLC $0.00 $0.00 $0.00 $0.00 $1,487.69 $1,487.69

V0155 Cogent Communications, Inc. $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

V0157 Colonial Parking, Inc $0.00 $0.00 $0.00 $0.00 $1,900.00 $1,900.00

V0170 Core-Tech, Inc. $0.00 $0.00 $0.00 $0.00 $2,094.00 $2,094.00

V0250 Entergy $0.00 $4,044.55 $0.00 $0.00 $1,006.84 $5,051.39

V0254 Equinix, Inc. $0.00 $6,964.88 $0.00 $0.00 $3,316.61 $10,281.49

V0311 Global Steering Systems, LLC $0.00 $0.00 $0.00 $0.00 $8,550.00 $8,550.00

V0346 Hella, Inc. $0.00 $0.00 $0.00 $0.00 $2,180.64 $2,180.64

V0359 Honigman Miller Schwartz & Coh $0.00 $0.00 $0.00 $0.00 $17,881.44 $17,881.44

V0408 Jimmy Doyle, LLC $0.00 $0.00 $0.00 $0.00 $1,500.00 $1,500.00

V0454 Lerner / TYD $0.00 $0.00 $0.00 $0.00 $600.00 $600.00

V0458 LinkedIn Corporation $0.00 $0.00 $0.00 $0.00 $5,500.00 $5,500.00

V0470 Managed Benefits, Inc. $0.00 $1,250.00 $0.00 $0.00 $1,250.00 $2,500.00

V0494 MidSouth Container Sales/Rent $0.00 $0.00 $0.00 $0.00 $2,080.86 $2,080.86

V0535 NetSuite, Inc. $0.00 $12,299.04 $0.00 $0.00 $12,299.04 $24,598.08

V0554 Norma Anderson $0.00 $0.00 $0.00 $229,850.14 $208,220.48 $438,070.62

V0562 Oakley Industries $0.00 $0.00 $0.00 $0.00 $54,936.00 $54,936.00

V0564 Office Furniture Factory $0.00 $0.00 $0.00 $0.00 $6,528.00 $6,528.00

V0594 Pillsbury Winthrop Shaw Pittma $0.00 $0.00 $0.00 $0.00 $4,125.56 $4,125.56

V0626 Quality Metalcraft, INC $0.00 $0.00 $0.00 $0.00 $120,000.00 $120,000.00

V0642 Robert Grater $0.00 $0.00 $0.00 $0.00 $3,500.00 $3,500.00

V0655 RSM US LLP $0.00 $0.00 $0.00 $0.00 $5,980.00 $5,980.00

V0729 Swoosh Technologies&Solutions $0.00 $0.00 $0.00 $0.00 $77,877.34 $77,877.34

V0762 The Lilly Co $0.00 $0.00 $0.00 $0.00 $666.43 $666.43

V0795 Tunica Chamber of Commerce $0.00 $0.00 $0.00 $0.00 $1,500.00 $1,500.00

V0799 Tunica County Utilities Dist $0.00 $375.16 $0.00 $0.00 $0.00 $375.16

V0831 Vision Service Plan $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

V0869 Xerox $0.00 $0.00 $0.00 $606.45 $5,570.74 $6,177.19

V1082 Custom Wheel Solutions $0.00 $0.00 $0.00 $0.00 ($7,132.00) ($7,132.00)

GreenTech Automotive, Inc.

WM Industries Corp. (Consolidated)

A/P Aging Summary

As of February 28, 2019

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V1196 Futuris Auto Interiors $0.00 $0.00 $0.00 $0.00 $48,805.43 $48,805.43

V1472 Occupational Health Center $0.00 $0.00 $0.00 $0.00 $61.00 $61.00

V1584 Security Fire Protection Co. $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

V1789 Best Life and Health Insurance Company $0.00 $0.00 $0.00 $0.00 $87.84 $87.84

V1796 Incorporate.com $0.00 $0.00 $0.00 $0.00 $252.63 $252.63

V1814 Comcast Business $0.00 $0.00 $0.00 $666.27 $309.56 $975.83

V1818 CPPA Membership $0.00 $0.00 $0.00 $0.00 $160.00 $160.00

V1821 DATAWATCH SYSTEMS $0.00 $0.00 $0.00 $103.00 $412.00 $515.00

V1843 Sheehan & Associates, PLC $0.00 $0.00 $0.00 $0.00 $35,732.81 $35,732.81

V1845 P7/Buchanan Pinkard Lakeside $0.00 $0.00 $0.00 $0.00 $17,075.52 $17,075.52

V1855 MemphisClean $0.00 $0.00 $0.00 $0.00 $4,300.00 $4,300.00

V1861 Virtual Integrated Analytics Solutions Inc. $0.00 $0.00 $0.00 $0.00 $140,226.00 $140,226.00

V1863 YW Chan $0.00 ($1.69) $1,000.00 $1,736.37 $0.00 $2,734.68

V2035 McGlinchey Stafford $0.00 $0.00 $0.00 $0.00 $8,646.00 $8,646.00

V2042 TSG Reporting, Inc $0.00 $0.00 $0.00 $12,424.66 $0.00 $12,424.66

Total - Vendor $0.00 $28,723.07 $1,000.00 $245,386.89 $909,627.05 $1,184,737.01

Total $0.00 $28,723.07 $1,000.00 $245,386.89 $909,627.05 $1,184,737.01

$0.00

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GreenTech Automotive Inc

Check Register

Amount #

Account: Eaglebank Operating *7549 Total Uncleared Checks: $ - 0

Check # Payee Description Date Issued Date Cashed Amount Cleared

1001 P7/Buchanan Pinkard Lakeside LLC VA Office Rent 3/9/2018 3/21/2018 $ 15,800.20 Y

1002 Standard Insurance Company Medical Insurance 3/9/2018 3/15/2018 $ 1,773.68 Y

1003 Department of Homeland Security H-1B VISA renewal fee 3/16/2018 4/30/2017 $ 460.00 Y

1004 Department of Homeland Security H-1B VISA renewal fee 3/16/2018 4/30/2017 $ 750.00 Y

1005 David Z. Lu & Associates Legal fees for H-1B renewal 3/16/2018 3/21/2018 $ 1,750.00 Y

1006 Managed Benefits Inc Mgt fee for medical benefits 3/19/2018 3/27/2018 $ 1,250.00 Y

1007 Cogent Communications Inc Data Center Lease 3/19/2018 3/28/2018 $ 550.00 Y

1008 Equinix Inc Data Center Lease 3/19/2018 3/26/2018 $ 3,316.61 Y

1009 Atmos Energy MS Utilities (Gas) 3/19/2018 3/28/2018 $ 3,161.32 Y

1010 Comcast Business VA Internet 3/19/2018 3/27/2018 $ 325.86 Y

1011 Xerox Financial Services Photocopier leases 3/19/2018 3/27/2018 $ 554.39 Y

Checks 1012-1252 - Are voided as they do not have Debtor in Possession on the checks

From Check 1253 - includes Debtor in Possession designation

1253 P7/Buchanan Pinkard Lakeside LLC VA Office Rent 4/10/2018 4/16/2018 $ 16,628.01 Y

1254 Standard Insurance Company Medical Insurance 4/10/2018 4/16/2018 $ 781.07 Y

1255 Tunica County Utility District MS Utilities (Water) 4/10/2018 4/18/2018 $ 381.99 Y

1256 Comcast Business VA Internet 4/10/2018 4/16/2018 $ 325.87 Y

1257 Christopher Agner Expense Report 4/10/2018 4/17/2018 $ 139.21 Y

1258 Murong Xin Expense Report 4/10/2018 4/12/2018 $ 64.40 Y

1259 Mississippi Department of Revenue Franchise Tax 4/13/2018 4/27/2018 $ 20,000.00 Y

1260 South Carolina Department of Revenue Franchise Tax 4/13/2018 5/4/2018 $ 25.00 Y

1261 Georgia Department of Revenue Franchise Tax 4/13/2018 4/23/2017 $ 10.00 Y

1262 Franchise Tax Board Franchise Tax 4/13/2018 5/3/2018 $ 800.00 Y

1263 US Trustee Bankruptcy fee (GTA) 4/30/2018 5/9/2018 $ 325.00 Y

1264 US Trustee Bankruptcy fee (WMIC) 4/30/2018 5/9/2018 $ 325.00 Y

1265 P7/Buchanan Pinkard Lakeside LLC VA Office Rent 5/9/2018 5/16/2018 $ 16,631.60 Y

1266 Entergy MS Utilities (Electricity) 5/9/2018 5/15/2018 $ 8,487.37 Y

1267 Managed Benefits Inc Mgt fee for medical benefits 5/9/2018 5/17/2018 $ 1,250.00 Y

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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1268 Standard Insurance Company Medical Insurance 5/9/2018 5/16/2018 $ 1,044.74 Y

1269 AT&T Mobility Cellphones 5/9/2018 5/15/2018 $ 2,832.11 Y

1270 Cogent Communications Inc Data Center Lease 5/9/2018 5/15/2018 $ 1,100.00 Y

1271 Atmos Energy MS Utilities (Gas) 5/9/2018 5/18/2018 $ 177.93 Y

1272 Tunica County Utility District MS Utilities (Water) 5/9/2018 5/17/2018 $ 389.52 Y

1273 Action Pest Control Co. Inc MS Pest control 5/9/2018 5/23/2018 $ 856.00 Y

1274 Equinix Inc Data Center Lease 5/9/2018 5/16/2018 $ 3,316.61 Y

1275 Comcast Business VA Internet 5/9/2018 5/15/2018 $ 309.58 Y

1276 Xerox Financial Services Photocopier leases 5/9/2018 5/16/2018 $ 1,148.71 Y

1277 Xerox Financial Services Photocopier leases 5/9/2018 5/16/2018 $ 1,212.90 Y

1278 Capitol Office Solutions Photocopier leases 5/9/2018 5/14/2018 $ 799.69 Y

1279 Datawatch Systems Inc VA Office security 5/9/2018 5/14/2018 $ 103.00 Y

1280 Horne LLP Tax services 5/9/2018 5/15/2018 $ 2,250.00 Y

1281 Security Fire Protection Co Inc MS Sprinkler system repair 5/9/2018 5/16/2018 $ 1,096.75 Y

1282 Mr Corry Davis Travel Expenses 5/9/2018 5/21/2018 $ 20.15 Y

1283 Mr Gilberto Martinez Travel Expenses 5/9/2018 5/16/2018 $ 116.52 Y

1284 Mr Ke Sun Travel Expenses 5/9/2018 5/21/2018 $ 236.56 Y

1285 The Company Corporation Agency Mgt fees 5/9/2018 5/15/2018 $ 460.25 Y

1286 Citrix Systems Inc Sharefile fees 5/14/2018 5/21/2018 $ 185.00 Y

1287 Murong Xin Expense Report 5/31/2018 6/5/2018 $ 83.20 Y

1288 P7/Buchanan Pinkard Lakeside LLC VA Office Rent 6/1/2018 6/7/2018 $ 16,631.78 Y

1289 Standard Insurance Company Medical Insurance 6/1/2018 6/11/2018 $ 1,044.74 Y

1290 Atmos Energy MS Utilities (Gas) 6/7/2018 6/14/2018 $ 747.52 Y

1291 Tunica County Utility District MS Utilities (Water) 6/7/2018 6/18/2018 $ 389.52 Y

1292 Equinix Inc Data Center Lease 6/7/2018 6/14/2018 $ 3,316.61 Y

1293 Comcast Business VA Internet 6/7/2018 6/13/2018 $ 309.58 Y

1294 Xerox Financial Services Photocopier leases 6/7/2018 6/14/2018 $ 790.71 Y

1295 Xerox Financial Services Photocopier leases 6/7/2018 6/14/2018 $ 497.23 Y

1296 Hensley Land Surveying Professional services 6/18/2018 7/3/2018 $ 225.00 Y

1297 Capitol Office Solutions Photocopier leases 6/20/2018 6/25/2018 $ 452.91 Y

1298 Xerox Financial Services Photocopier leases 6/20/2018 6/26/2018 $ 554.39 Y

1299 Entergy Utilities (Electricity) 6/20/2018 6/26/2018 $ 5,200.00 Y

1300 Managed Benefits Inc Mgt fee for medical benefits 6/20/2018 6/27/2018 $ 2,500.00 Y

1301 Standard Insurance Company Medical Insurance 6/20/2018 6/28/2018 $ 1,055.44 Y

1302 AT&T Mobility Cellphones 6/20/2018 6/28/2018 $ 502.28 Y

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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1303 Cogent Communications Inc Data Center Lease 6/20/2018 6/26/2018 $ 550.00 Y

1304 Equinix Inc Data Center Lease 6/20/2018 6/26/2018 $ 3,482.44 Y

1305 Jimmy Doyle, LLC Plant Maintenance 6/20/2018 7/2/2018 $ 600.00 Y

1306 Security Fire Protection Co Inc MS Sprinkler system repair 6/20/2018 6/26/2018 $ 1,379.23 Y

1307 US Trustee Bankruptcy fee (GTA) 6/21/2018 6/28/2018 $ 1,301.18 Y

1308 Corry Davis Travel Expenses 6/21/2018 6/26/2018 $ 222.18 Y

1309 David Read Travel Expenses 6/28/2018 7/5/2018 $ 188.07 Y

1310 P7/Buchanan Pinkard Lakeside LLC VA Office Rent 6/29/2018 7/10/2018 $ 16,631.79 Y

1311 Tunica County Utility District MS Utilities (Water) 7/6/2018 7/16/2018 $ 389.52 Y

1312 Comcast Business VA Internet 7/6/2018 7/12/2018 $ 309.58 Y

1313 Entergy MS Utilities (Electricity) 7/16/2018 7/23/2018 $ 4,730.80 Y

1314 Mr Gilberto Martinez Travel Expenses 7/17/2018 8/28/2018 $ 1,952.11 Y

1315 P7/Buchanan Pinkard Lakeside LLC VA Office Rent 7/25/2018 8/1/2018 $ 12,407.79 Y

1316 Managed Benefits Inc Mgt fee for medical benefits 7/25/2018 8/1/2018 $ 1,250.00 Y

1317 Standard Insurance Company Medical Insurance 7/25/2018 8/2/2018 $ 1,055.44 Y

1318 AT&T MS Internet 7/25/2018 7/31/2018 $ 394.00 Y

1319 AT&T Mobility Cellphones 7/25/2018 8/1/2018 $ 923.55 Y

1320 US Trustee Bankruptcy fees 7/25/2018 8/2/2018 $ 325.00 Y

1321 US Trustee Bankruptcy fees 7/25/2018 8/2/2018 $ 4,873.82 Y

1322 Murong Xin Travel Expenses 8/31/2018 9/4/2018 $ 328.20 Y

1323 Corry Davis Travel Expenses 9/12/2018 9/18/2018 $ 78.00 Y

1324 David Read Travel Expenses 9/12/2018 9/18/2018 $ 177.93 Y

1325 Ke Sun Travel Expenses 9/12/2018 10/9/2018 $ 289.91 Y

1326 Standard Insurance Company Medical Insurance 9/12/2018 9/20/2018 $ 1,055.44 Y

1327 Comcast Business VA Internet 9/12/2018 9/17/2018 $ 634.59 Y

1328 Cogent Communications Inc Data Center Lease 9/12/2018 9/20/2018 $ 1,658.25 Y

1329 Jimmy Doyle, LLC Plant Maintenance 9/12/2018 9/19/2018 $ 1,200.00 Y

1330 Security Fire Protection Co Inc Plant Maintenance 9/12/2018 9/17/2018 $ 1,444.50 Y

1331 Tunica County Utility District MS Utilities (Water) 9/12/2018 9/21/2018 $ 786.57 Y

1332 Corry Davis Travel Expenses 9/20/2018 10/9/2018 $ 18.00 Y

1333 Mr Gilberto Martinez Travel Expenses 9/20/2018 10/22/2018 $ 1,581.61 Y

1334 Managed Benefits Inc Mgt fee for medical benefits 9/20/2018 9/28/2018 $ 3,750.00 Y

1335 Jerry Baker Expense Report 10/9/2018 10/15/2018 $ 51.89 Y

1336 Tunica County Utility District MS Utilities (Water) 10/9/2018 10/18/2018 $ 397.05 Y

1337 Standard Insurance Company Medical Insurance 10/9/2018 10/17/2018 $ 1,055.44 Y

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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1338 Security Fire Protection Co Inc Plant Maintenance 10/15/2018 10/22/2018 $ 1,118.15 Y

1339 AT&T MS Internet 10/15/2018 10/23/2018 $ 6,836.49 Y

1340 AT&T Mobility Utilities (Cellhone) 10/26/2018 11/1/2018 $ 2,375.83 Y

1341 US Trustee Bankruptcy fees 10/26/2018 10/31/2018 $ 11,583.00 Y

1342 US Trustee Bankruptcy fees 10/26/2018 10/31/2018 $ 325.00 Y

1343 Murong Xin Travel Expenses 10/30/2018 11/5/2018 $ 192.77 Y

1344 Managed Benefits Inc Mgt fee for medical benefits 11/29/2018 12/5/2018 $ 2,500.00 Y

1345 Standard Insurance Company Medical Insurance 11/29/2018 12/6/2018 $ 1,595.39 Y

1346 Cogent Communications Inc Data Center Lease 11/29/2018 12/6/2018 $ 1,100.00 Y

1347 Tunica County Utility District MS Utilities (Water) 11/29/2018 12/12/2018 $ 397.05 Y

1348 Jimmy Doyle, LLC Plant Maintenance 11/29/2018 12/7/2018 $ 2,100.00 Y

1349 Corry Davis Travel Expenses 11/29/2018 12/5/2018 $ 396.17 Y

1350 Horne LLP Tax services 11/29/2018 12/4/2018 $ 8,750.00 Y

1351 John Merrell Expense Report 1/22/2019 1/24/2019 $ 7,311.01 Y

1352 AMTECK Plant Maintenance 2/1/2019 2/6/2019 $ 400.00 Y

1353 Security Fire Protection Co Inc Plant Maintenance 2/1/2019 2/6/2019 $ 1,123.50 Y

1354 Tunica County Utility District MS Utilities (Water) 2/1/2019 2/13/2019 $ 1,183.62 Y

1355 Cogent Communications Inc Data Center Lease 2/1/2019 2/7/2019 $ 1,658.25 Y

1356 Corry Davis Travel Expenses 2/11/2019 2/15/2019 $ 18.00 Y

1357 Gilberto Martinez Travel Expenses 2/11/2019 2/15/2019 $ 50.52 Y

Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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Case 18-10651-BFK Doc 556 Filed 04/16/19 Entered 04/16/19 21:59:20 Desc Main

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