UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549



Form
10-Q



(Mark One)



| | [X] | QUARTERLY
    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | --- | -------------------------------------------------------------------------------------------



|For
    the quarterly period ended June 30, 2012
|------------------------------------------------



or



| | ☐ | TRANSITION
    REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | --------------------------------------------------------------------------------------



|For
    the transition period from __________________ to __________________________
|-----------------------------------------------------------------------------------
|                                                                                   
|Commission file
    number: 000-54395                                              



|GREEN
    ENVIROTECH HOLDINGS CORP.                       
|----------------------------------------------------------
|(Exact
    name of registrant as specified in its charter)



|DELAWARE                                                           |  | 32-0218005                              
|------------------------------------------------------------------ |  | ----------------------------------------
|(State
    or other jurisdiction of incorporation or organization) |  | (I.R.S.
    Employer Identification No.)



|PO
    Box 692 Riverbank, CA                 |  | 95367         
|-------------------------------------------- |  | --------------
|(Address
    of principal executive offices) |  | (Zip
    Code)



|(209)
    881-3523                                      
|--------------------------------------------------------
|(Registrant's
    telephone number, including area code)



|N/A                                                                                   
|--------------------------------------------------------------------------------------
|(Former
    name, former address and former fiscal year, if changed since last report)



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
☑ No ☐



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes
☐ No ☑



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 definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.



|Large
    accelerated filer ☐                                                               |  | Accelerated
    filer ☐          
|------------------------------------------------------------------------------------------- |  | ---------------------------------
|Non-accelerated
        filer ☐
        (Do
        not check if smaller reporting company) |  | 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
☐ No ☑



Indicated
the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date; 200,833,233 shares
of common stock are issued and outstanding as of August 13, 2012.



|
|
|



TABLE
OF CONTENTS



|                                    |                                                                                                                          | Page
    No.
|----------------------------------- | ------------------------------------------------------------------------------------------------------------------------ | ------------
|PART
    I. - FINANCIAL INFORMATION
|Item 1.                             | Financial Statements.                                                                                                    | F - 1       
|                                    | Condensed Consolidated Balance Sheets as of June 30, 2012(Unaudited)
    and December 31, 2011                           | F - 2       
|                                    | Condensed Consolidated Statements of Operations for the Six and
    Three Months Ended June 30, 2012 and 2011(Unaudited) | F - 3       
|                                    | Condensed Consolidated Statements of Cash Flows for the Six months
    ended June 30, 212 and 2011 (Unaudited)           | F - 4       
|                                    | Notes to Unaudited Condensed Consolidated Financial Statements                                                           | F - 5       
|Item 2.                             | Management's Discussion and Analysis of Financial Condition and
    Results of Operations.                               | 4           
|Item 3.                             | Quantitative and Qualitative Disclosures About Market Risk.                                                              | 10          
|Item 4T                             | Controls and Procedures.                                                                                                 | 10          
|PART
    II - OTHER INFORMATION    
|Item 1.                             | Legal Proceedings.                                                                                                       | 11          
|Item 1A.                            | Risk Factors.                                                                                                            | 11          
|Item 2.                             | Unregistered Sales of Equity Securities and Use of Proceeds.                                                             | 11          
|Item 3.                             | Defaults Upon Senior Securities.                                                                                         | 11          
|Item 4.                             | Mine Safety Disclosures.                                                                                                 | 11          
|Item 5.                             | Other Information.                                                                                                       | 11          
|Item 6.                             | Exhibits.                                                                                                                | 11          





































CAUTIONARY
STATEMENT REGARDING FORWARD-LOOKING INFORMATION



Statements
in this quarterly report on Form 10-Q may be “forward-looking statements.” Forward-looking statements include, but
are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements
relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates
and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results
may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous
factors, including those described above and those risks discussed from time to time in this quarterly report on Form 10-Q, including
the risks described under  “Management’s Discussion and Analysis of Financial Condition and Results of Operations”
in this quarterly report on Form 10-Q and in other documents which we file with the Securities and Exchange Commission. In addition,
such statements could be affected by risks and uncertainties related to our ability to raise any financing which we may require
for our operations, competition, government regulations and requirements, pricing and development difficulties, our ability to
make acquisitions and successfully integrate those acquisitions with our business, as well as general industry and market conditions
and growth rates, and general economic conditions. Any forward-looking statements speak only as of the date on which they are
made, and, except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this quarterly report on Form 10-Q.



PART
1. - FINANCIAL INFORMATION



Item
1. Financial Statements.



|GREEN
                                              ENVIROTECH HOLDINGS CORP.                        
|-----------------------------------------------------------------------------------------------------
|(A
    DEVELOPMENT STAGE COMPANY)                                                                    
|CONDENSED
    CONSOLIDATED BALANCE SHEETS                                                            
|(IN
    US$)                                                                                         
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|ASSETS                                                                                               
|                                                                                                     
|                                                                                                     
|CURRENT
    ASSETS                                                                                   
|Cash                                                                                                 
|Other current assets                                                                                 
|                                                                                                     
|                                                                                                     
|Fixed
    Assets                                                                                     
|Plant Equipment                                                                                      
|Construction in  progress                                                                            
|                                                                                                     
|Other
    Assets:                                                                                    
|Deposits                                                                                             
|                                                                                                     
|                                                                                                     
|TOTAL
    ASSETS                                                                                     
|                                                                                                     
|                                                                                                     
|LIABILITIES
    AND STOCKHOLDERS' EQUITY (DEFICIT)                                                   
|                                                                                                     
|CURRENT
    LIABILITIES                                                                              
|Accounts payable                                                                                     
|Accrued expenses                                                                                     
|Secured debentures payable                                                                           
|Loan payable - other                                                                                 
|Loan payable - convertible                                                                           
|Derivative liability                                                                                 
|Loan payable - related party                                                                         
|                                                                                                     
|                                                                                                     
|TOTAL
    LIABILITIES                                                                                
|                                                                                                     
|STOCKHOLDERS'
    EQUITY (DEFICIT)                                                                   
|Preferred stock, $0.001 par value, 25,000,000 shares authorized,                                     
|0 shares issued and outstanding                                                                      
|Common stock, $0.001 par value, 250,000,000 shares authorized,                                       
|200,833,233 and 170,433,232 shares issued and outstanding                                            
|(4,790,081 shares are held in reserve)                                                               
|Additional paid in capital                                                                           
|Additional paid in capital - warrants                                                                
|Deficit accumulated during the development stage                                                     
|                                                                                                     
|                                                                                                     
|TOTAL
    LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                                             
|                                                                                                     
|                                                                                                     
|                                                                                                     
|The
    accompanying notes are an integral part of these condensed consolidated financial statements.
|                                                                                                     
|                                                                                                     





|
|

|GREEN ENVIROTECH HOLDINGS CORP. (A DEVELOPMENT STAGE COMPANY) CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) FOR THE SIX AND THREE MONTHS ENDED JUNE 30, 2012 AND 2011 AND FOR THE PERIOD OCTOBER 6, 2008 (INCEPTION) THROUGH JUNE 30, 2012
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|REVENUE                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                               
|COST OF REVENUES                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|GROSS PROFIT                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                               
|OPERATING EXPENSES                                                                                                                                                                                                                                                             
|Wages and professional fees                                                                                                                                                                                                                                                    
|Professional fees - common stock issued and warrants issued                                                                                                                                                                                                                    
|General and administrative                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|NON-OPERATING EXPENSES                                                                                                                                                                                                                                                         
|Amortization of debt discount                                                                                                                                                                                                                                                  
|INTEREST EXPENSE                                                                                                                                                                                                                                                               
|Interest expense-penalty                                                                                                                                                                                                                                                       
|Interest expense-equity Issues                                                                                                                                                                                                                                                 
|Loss on debt conversion                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|NET (LOSS) FROM OPERATIONS                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                               
|OTHER INCOME:                                                                                                                                                                                                                                                                  
|Disposition of Riverbank Permits                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|DISCONTINUED OPERATIONS:                                                                                                                                                                                                                                                       
|Gain on disposal of discontined operations                                                                                                                                                                                                                                     
|Income from discontined operations                                                                                                                                                                                                                                             
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|NET (LOSS)                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                               
|WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING                                                                                                                                                                                                                                  
|                                                                                                                                                                                                                                                                               
|NET (LOSS) PER SHARE                                                                                                                                                                                                                                                           
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               
|The accompanying notes are an integral part of these condensed consolidated financial statements.                                                                                                                                                                              
|                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                               

|GREEN ENVIROTECH HOLDINGS CORP.                                            
|---------------------------------------------------------------------------
|(FORMERLY WOLFE CREEK MINING, INC.)                                        
|(A DELELOPMENT STAGE COMPANY)                                              
|CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)        
|FOR THE SIX MONTHS ENDED JUNE 30, 2012 AND THE YEAR ENDED DECEMBER 31, 2011
|                                                                           
|IN US$                                                                     
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|Balance - June 26, 2007 (Inception of Wolfe Creek Mining, Inc.)            
|                                                                           
|                                                                           
|Common shares issued to founders for cash                                  
|                                                                           
|Net loss for the period                                                    
|                                                                           
|Balance - December 31, 2007                                                
|                                                                           
|Common shares issued for cash                                              
|                                                                           
|Net loss for the year                                                      
|                                                                           
|Balance - December 31, 2008                                                
|                                                                           
|Net loss for the period January 1, 2009 through                            
|                                                                           
|                                                                           
|                                                                           
|Net effect of recapitalization with GreenEnviroTech                        
|                                                                           
|                                                                           
|                                                                           
|To reclassify negative paid in capital to retained earnings                
|                                                                           
|Net loss for the period November 21, 2009 through                          
|                                                                           
|                                                                           
|Balance - December 31, 2009                                                
|                                                                           
|Common shares issued to consultants and officers                           
|                                                                           
|Conversion of notes payable  to common stock                               
|                                                                           
|Net loss for the year ended December 31, 2010                              
|                                                                           
|Balance - December 31, 2010                                                
|                                                                           
|Issued Preferred Stock in purchase Magic Bright                            
|                                                                           
|Acquisition Reserve in purchase Magic Bright                               
|                                                                           
|Common shares issued in purchase of Magic Bright                           
|                                                                           
|Common shares issued to consultants for fees                               
|                                                                           
|Common shares issued for cash                                              
|                                                                           
|Common shares issued for debt extensions                                   
|                                                                           
|Conversion of notes payable and liabilities to common shares               
|                                                                           
|Warrants issued to secured debenutre holders                               
|                                                                           
|Warrants issued to brokers                                                 
|                                                                           
|Warrants issued to consultants for fees                                    
|                                                                           
|Warrants issued to Officers                                                
|                                                                           
|Options issued to Officers                                                 
|                                                                           
|Net loss for the year ended December 31, 2011                              
|                                                                           
|                                                                           
|Balance - December 31, 2011                                                
|                                                                           
|Common shares issued to consultants and employees                          
|                                                                           
|Conversion of notes payable and liabilities to common shares               
|                                                                           
|Common shares issued for debt extensions                                   
|                                                                           
|Common shares issued for cash                                              
|                                                                           
|Warrants issued to secured debenutre holders                               
|                                                                           
|Net loss for the three months ended June 30, 2012                          
|                                                                           
|                                                                           
|Balance - June 30, 2012                                                    
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                           

|
|

|
|

|GREEN
    ENVIROTECH HOLDINGS CORP.                                                               |         
|------------------------------------------------------------------------------------------------- | --------
|(A DEVELOPMENT
    STAGE COMPANY)                                                                 |         
|CONDENSED
    CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED)                                    |         
|FOR THE
    SIX MONTHS ENDED JUNE 30, 2012 AND 2011                                               |         
|FOR THE
    PERIOD OCTOBER 6, 2008 (INCEPTION) THROUGH JUNE 30, 2012                              |         
|                                                                                                  |         
|IN US$                                                                                            |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|CASH FLOWS FROM OPERATING
    ACTIVITIES:                                                         |         
|Net (loss)                                                                                        |         
|                                                                                                  |         
|                                                                                                  |         
|Adjustments to reconcile
    net (loss)                                                           |         
|to net cash used in
    operating activities:                                                     |         
|Common stock issued for services,
    net of cancelations, including shares issued                | 66,700  
|for loss
    on disposal of discontinued operations ($104,880)                                    |         
|Premium on Common stock issued
    to reduce and extend debt                                      |         
|Warrants issued as loan fees
    to brokers                                                       |         
|Warrants issued to officers                                                                       |         
|Amortization of debt discount                                                                     |         
|Fair value change in derivative
    liability                                                     |         
|Loss on disposal of discontined
    operations                                                    |         
|Income from discontined operations                                                                |         
|                                                                                                  |         
|Change in assets and liabilities                                                                  |         
|(Increase) in inventory                                                                           |         
|(Increase) in deposits and other
    current assets                                               |         
|Increase in accounts payable and
    accrued expenses                                             |         
|Total adjustments                                                                                 |         
|Net cash (used in) operating activities                                                           |         
|                                                                                                  |         
|                                                                                                  |         
|CASH FLOWS FROM INVESTING
    ACTIVITIES:                                                         |         
|Expenditures related to purchase of equipment
    for Riverbank Plant                             |         
|Cash paid for acquisition of Magic Bright                                                         |         
|Expenditures related to construction of
    building                                              |         
|Net cash (used in) investing activities                                                           |         
|                                                                                                  |         
|CASH FLOWS FROM FINANCING
    ACTIVITIES:                                                         |         
|Issuance of stock for cash                                                                        |         
|Proceeds received from loan payable -
    related party                                           |         
|Payments on loan payable - related party                                                          |         
|Proceeds received from loan payable -
    convertible                                             |         
|Proceeds received from loan payable -
    other                                                   |         
|Payments on loan payable - other                                                                  |         
|Discount on Debenture Loans                                                                       |         
|Proceeds received from secured debentures                                                         |         
|Payments on secured debentures                                                                    |         
|Net cash provided by financing activities                                                         |         
|                                                                                                  |         
|                                                                                                  |         
|NET INCREASE (DECREASE) IN
    CASH AND CASH EQUIVALENTS                                          | (78,909)
|                                                                                                  |         
|CASH AND CASH EQUIVALENTS
    - BEGINNING OF PERIOD                                               |         
|                                                                                                  |         
|CASH AND CASH EQUIVALENTS
    - END OF PERIOD                                                     |         
|                                                                                                  |         
|SUPPLEMENTAL CASH FLOW INFORMATION:                                                               |         
|Cash paid during the period for:                                                                  |         
|Interest                                                                                          |         
|                                                                                                  |         
|NON-CASH SUPPLEMENTAL INFORMATION:                                                                |         
|Stock and liability for stock to be issued for
    services and interest                          |         
|Interest expense-Equity Issues                                                                    |         
|Warrants issued as loan fees to brokers                                                           |         
|Conversion of loans payable for common stock                                                      |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|The accompanying notes are an integral part of these condensed consolidated financial statements.
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|                                                                                                  |         
|

GREEN
ENVIROTECH HOLDINGS CORP.

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

|
|

|Note
    1 | Basis
    of Presentation:
|---------- | --------------------------



The
Financial Statements presented herein have been prepared by us in accordance with the accounting policies described in our December
31, 2011 and 2010 audited financial statements included in Form 10-K and should be read in conjunction with the Notes to Financial
Statements which appear in that report.



The
preparation of these financial statements in conformity with accounting principles generally accepted in the United States requires
us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related
disclosure of contingent assets and liabilities. On an on going basis, we evaluate our estimates, including those related intangible
assets, income taxes, insurance obligations and contingencies and litigation. We base our estimates on historical experience and
on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for
making judgments about the carrying values of assets and liabilities that are not readily apparent from other resources. Actual
results may differ from these estimates under different assumptions or conditions.



In
the opinion of management, the information furnished in these interim financial statements reflect all adjustments necessary for
a fair statement of the financial position and results of operations and cash flows as of and for the six-month periods ended
June 30, 2012 and 2011. All such adjustments are of a normal recurring nature. The financial statements do not include some information
and notes necessary to conform with annual reporting requirements.



|Note
    2 | Earnings/Loss
                                                                      Per Share
|---------- | ---------------------------------------------------------------------------------------------

Basic
net loss per share is computed using the weighted average number of common shares outstanding during the period. Diluted net loss
per common share is computed using the weighted average number of common and dilutive equivalent shares outstanding during the
period. Dilutive common equivalent shares consist of options to purchase common stock (only if those options are exercisable and
at prices below the average share price for the period) and shares issuable upon the conversion of the convertible note. Due to
the net losses reported, dilutive common equivalent shares were excluded from the computation of diluted loss per share, as inclusion
would be anti-dilutive for the periods presented..



There
were no common equivalent shares required to be added to the basic weighted average shares outstanding to arrive at diluted weighted
average shares outstanding in 2012 or 2011.



|Note
        3 | New
        Accounting Standards
|-------------- | --------------------------------



Emerging
Growth Company Critical Accounting Policy Disclosure: We qualify as an “emerging growth
company” under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage
of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting
standards. As an emerging growth company, we can delay the adoption of certain accounting standards until those standards would
otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period.





In
June 2011, the FASB issued ASC update No. 2011-05, Comprehensive Income (Topic 220), Presentation of Comprehensive Income.  The
FASB decided to eliminate the option to present components of other comprehensive income as part of the statement of changes in
stockholders’ equity, among other amendments in this update.  The amendments require that all non-owner changes
in stockholder’s equity be presented in a single continuous statement of comprehensive income or in two separate but consecutive
statements.  In both choices, the Company is required to present each component of net income along with total net income,
each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive
income.  The statement of other comprehensive income should immediately follow the statement of net income and include
the components of other comprehensive income and total for other comprehensive income, along with a total for comprehensive income.



The
entity is also required to present on the face of the financial statements reclassification adjustments for items that are reclassified
from other comprehensive income to net income in the statement(s) where the components of net income and the components of comprehensive
income are presented.  The amendments in this update should be applied retrospectively, and are effective for fiscal
years, and interim periods within those years, beginning after December 15, 2011



Management
does not anticipate that the adoption of these standards will have a material impact on the financial statements.

|          
|----------
|Note
    4





|
|

|                                                             |              |          | Additional
|------------------------------------------------------------ | ------------ | -------- | ----------
|                                                             | Common Stock | Paid-In 
|                                                             | Shares       | Amount   | Capital   
|                                                             |              |          |           
|                                                             |              |          |           
|Balance - December 31, 2011                                  | 170,433,232  | $170,433 | $4,216,149
|                                                             |              |          |           
|Common shares issued to consultants and employees            | 2,300,000    | 2,300    | 64,400    
|Conversion of notes payable and liabilities to common shares | 12,100,000   | 12,100   | 446,400   
|Common shares issued for debt extensions                     | 1,000,001    | 1,000    | 29,000    
|Common shares issued for cash                                | 15,000,000   | 15,000   | 135,000   
|                                                             |              |          |           
|Balance - June 30, 2012                                      | 200,833,233  | $200,833 | $4,890,949

| | 
| | 





Note
5	Accounts Payable and Accrued Expenses:



Accounts payable and accrued expenses at June 30,
2012 and December 31, 2011 consisted of:

|                                                       
|-------------------------------------------------------
|                                                       
|                                                       
|Accounts
                                       Payable
|Accounts
        Payable – Related Parties             
|Accrued
    Salary - Officers                          
|Accrued
    Payroll – Non Officers                     
|Accrued
    Payroll Tax                                
|Accrued
    Interest                                   
|                                                       
|                                                       



Accounts
payable- related party balances are to officers of the Company for non-reimbursed expenses paid on behalf of the Company. Accrued
interest is related to outstanding loans payable.





Note
6	Loan Payable – Related Party



The
Company has an unsecured, loan payable in the form of a line of credit with its CEO. The CEO had provided a line of credit up
to $1,000,000 at 4% interest per annum to the Company to cover various expenses and working capital infusions until the Company
can be funded. This loan has been extended to December 31, 2012. Balance of the loan at June 30, 2012 was $38,685 with accrued
interest in the amount of $28,435.

Note
7	Loan Payable – Other



The
Company has unsecured loans with H. E. Capital, S. A. in different amounts. These loans accrue interest at the rate of 8% per
annum. The due dates of the loans have been extended to December 31, 2012. Balance of the loans at June 30, 2012 was $666,750
with accrued interest in the amount of $89,943.History of the H. E. Capital loans is as follows:

|                  |                  
|----------------- | -----------------
|                  | June
    30, 2012
|                  |                  
|                  |                  
|Beginning Balance | $769,750         
|Additions         | 89,000           
|Subtractions      | -                
|Stock Conversion  | 192,000          
|                  |                  
|Ending Balance    | $666,750         



Note
8	Loan Payable – Convertible



The
Company has issued three Convertible Promissory Notes to Asher Enterprises, Inc. totaling $135,500. These notes call for 4,790,081
shares of the Company’s common stock to be placed into a reserve account. On August 23, 2011, the Company received a notice
of default on these notes from Asher as a result of the Company’s failure to remain current in its SEC filings and elected
to impose a penalty of 50% of the outstanding note balance or $67,750 against the Company. Accrued interest on these notes at
June 30, 2012 was $20,591. These notes remain outstanding and in default as of June 30, 2012.



The
Promissory Notes issued to Asher Enterprises, Inc. are Convertible Promissory Notes with a discounted conversion price. The value
of the discount based upon the current market price of the Company Stock was recorded as a Derivative Liability. This Derivative
Liability at June 30, 2012 was $61,860.

Note
9	Subsequent Events:



There
were no material subsequent events to be reported.







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





Corporate
History



Green
EnviroTech Holdings Corp. (formerly known as Wolfe Creek Mining, Inc. and referred to herein as (the “Company”)),
was incorporated in the State of Delaware on June 26, 2007. On November 20, 2009, the Company entered into an Agreement and Plan
of Merger (the “Merger Agreement”) with Green EnviroTech Acquisition Corp., a Nevada corporation, and Green EnviroTech
Corp. (“Green EnviroTech”), a waste plastics recovery, separation, cleaning, and recycling company. Green EnviroTech
is a Nevada corporation formed on October 6, 2008 under the name EnviroPlastics Corporation.  On October 21, 2009, Enviroplastics
Corporation changed its name to Green EnviroTech Corp.  On July 20, 2010, the Company filed an amendment to its certificate
of incorporation with the secretary of state of Delaware to  (i) change its name from Wolfe Creek Mining, Inc. to Green
EnviroTech Holdings Corp.  and (ii)  to increase its total authorized common shares to 250,000,000 common
shares.



Pursuant
to the Merger Agreement, on November 20, 2009 (the “Closing Date”), Green EnviroTech Acquisition Corp. merged with
and into Green EnviroTech, resulting in Green EnviroTech becoming a wholly-owned subsidiary of the Company (the “Merger”).
As a result of the consummation of the Merger, the Company issued approximately 45,000,000 shares of its common stock to the shareholders
of Green EnviroTech, representing approximately 75% of the issued and outstanding common stock of the Company following the closing
of the Merger. Further, the outstanding shares of common stock of Green EnviroTech were cancelled. The acquisition of Green EnviroTech
is treated as a reverse acquisition, and the business of Green EnviroTech became the business of the Company. Immediately prior
to the reverse acquisition, the Company was not engaged in any active business.



On
December 4, 2009, the Company formed Green EnviroTech Wisconsin, Inc., (“GET WISC”) a Wisconsin corporation, in anticipation
of opening a plant in Wisconsin.



References
hereinafter to “Green EnviroTech”, “we”, “us”, “our” and similar words refer to
the Company and its wholly-owned subsidiaries.



Overview
of Our Business



We
are a development stage waste plastics recovery, separation, cleaning, and recycling company. We intend to supply recycled commercial
plastics to industries such as the automotive and consumer products industries, and plan to construct large-scale plastics recycling
facilities near automotive shredder locations nationwide. Operating with large national metal recycling partners, the Company,
using a patent-pending process developed in conjunction with Thar Process, Inc., and Ergonomy LLC, will produce recycled commercial
grade plastics ready to be re-introduced into commerce.  Additionally, with other strategic partners, we will convert
waste and scrap plastic (both from its own processing and from other sources) into high-value energy products, including synthetic
oil.



Each
year, millions of tons of automotive shredder residue (“Shredder Residue”) containing reusable and recyclable plastics
are unnecessarily disposed of in landfills.  We believe this is because, while national and global demand for recycled
plastic has increased dramatically over the past decade, the technology to efficiently and effectively recycle plastic material
from this residue stream has lagged behind.   This has resulted in tremendous waste and created a huge unmet market
for recycled commercial plastics, creating an opportunity for someone with a cost-effective recovery process.



We
now have such a process. We were formed to capitalize on the growing market to supply recycled commercial plastic to businesses
which currently use or want to use recycled plastics in their products, such as the automotive and consumer products industries.  Working
with our metal shredder/recycling partners, we intend to utilize our proprietary cleaning technology to take the Shredder Residue
headed to landfills tainted with contaminants and convert it into two streams of recyclable material with no remaining trace of
contaminants.  Using our process, plastics, rubber, and foam, can be recovered from the shedder waste.  We
will use our proprietary technology to process the plastic stream, removing the contaminants and creating recycled commercial
plastic material ready to be re-introduced into commerce.



Our
plastic recovery process is both highly cost effective and efficient, and it dramatically reduces the amount of Shredder Residue
going to landfills. Our process is environmentally responsible on multiple levels, and it will assist our customers in reducing
their carbon footprint by allowing them to utilize a greater percentage of recycled material in their products.



The
recovered plastics by us will be our main source of revenue.  Automotive parts manufacturers are our primary target
market.  However, the use of our recycled materials isn’t limited to automotive parts.  Numerous other
durable goods manufacturers utilize plastics, and recycled plastic will work in many applications. As a result, we believe
there is significant demand in both domestic and international markets for these materials, and we have identified multiple targets
for our output stream of recycled material, beginning with a large multi-national supplier to the automotive industry worldwide.  We
believe that our customers will be able to utilize a larger percentage of highly cost-effective recycled plastic in the manufacturing
process of their products and create dramatic savings over the cost of using only virgin plastic (tied to the cost of petroleum).









Critical
Accounting Policy and Estimates



Our
Management’s Discussion and Analysis of Financial Condition and Results of Operations section discusses our financial statements,
which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation
of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting
period. On an on-going basis, management evaluates its estimates and judgments, including those related to revenue recognition,
accrued expenses, financing operations, and contingencies and litigation. Management bases its estimates and judgments on historical
experience and on various other factors that are believed to be reasonable under the circumstances, the results of which form
the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.
Actual results may differ from these estimates under different assumptions or conditions. The most significant accounting estimates
inherent in the preparation of our financial statements include estimates as to the appropriate carrying value of certain assets
and liabilities which are not readily apparent from other sources.



The
following discussion of our financial condition and results of operations should be read in conjunction with our audited financial
statements for the year ended December 31, 2011, together with notes thereto as previously filed with our Annual Report on Form
10-K.  In addition, these accounting policies are described at relevant sections in this discussion and analysis and
in the notes to the financial statements included in our Quarterly Report on Form 10-Q for the period ended June 30, 2012.



Results
of Operations



Six
Months Ended June 30, 2012 compared to Six Months Ended June 30, 2011.



Revenues



The
Company had no operating revenues for the six months ended June 30, 2012 and 2011.



Cost
of Revenues



The
Company had no cost of revenues from operations for the six months ended June 30, 2012 and 2011



Operating
Expenses



The
wages and professional fees for the six months ended June 30, 2012 were $542,278 as compared to $703,996 for the six months ended
June 30, 2011. The wages and professional fees for the three months ended June 30, 2012 included $86,000 in professional fees
and $216,000 in wages. There was $66,700 in professional fees paid by issuing 2,300,000 shares of common stock.



The
general and administrative expenses for the six months ended June 30, 2012 were $95,417 as compared to $280,310 for the six months
ended June 30, 2011, a decrease of approximately 65.96%. This decrease of $184,893 was the result of a decrease in travel, entertainment,
advertising and marketing concerning the promotion of the company.



Non-Operating
Expenses



The
non operating expenses for the six months ended June 30, 2012 were in the amount of $273,667 as compared to $278,341 for the six
months ended June 30, 2011. There was no amortization of debt discount for the six months ended June 30, 2012 as compared to $102,258
for the six months ended June 30, 2011. The interest expense on the working capital notes was $64,046 for the six months ended
June 30, 2012 as compared to $61,840 in interest expense for the six months ended June 30, 2011.  The overall increase totaling
$134,826 was the result of the Company recording a loss of $266,500 on debt conversion when the Company issued common shares to
pay off $192,000 in H.E. Capital notes. The Company using the Black-Sholes calculation to figure the Derivative Liability on the
convertible notes for June 30, 2012, had a reduction in the Derivative Liability in the amount of $89,878. The Company recorded
$32,999 in interest expense related to equity issues when the Company issued common shares and warrants to the Legend debenture
holders for extending their notes to September 24, 2012. The Company had interest expense related to equity issues in the amount
of $114,243 for the six months ended June 30, 2011.





As
a result of the above, the Company had a net loss of $978,062 for the six months ended June 30, 2012 compared to a loss of $2,019,294
for the six months ended June 30, 2011.







Liquidity
and Capital Resources



Green
EnviroTech Holdings Corp on June 30, 2012 had a balance of cash in the bank in the amount of $33,194. The Company had no accounts
receivable and no Inventory on June 30, 2012. The Company had other current assets in the amount of $4,784. The Company had accounts
payable to vendors and accrued expenses in the amount of $1,720,082.



The
Company has an unsecured, loan payable in the form of a line of credit with its CEO. The CEO had provided a line of credit up
to $1,000,000 at 4% interest per annum to the Company to cover various expenses and working capital infusions until the Company
can be funded. This note has been extended to December 31, 2012. The CEO has advanced $1,233,456 from inception through June 30,
2012 and the Company has repaid $1,194,769 of these advances.  The Company converted $754,377 of these advances into
shares of common stock on May 11, 2010 at $1 per share and converted $200,000 into shares of common stock on December 1, 2011
at $0.005 per share. The remaining principal under this loan due as of June 30, 2012 is $38,687.  $28,435 of interest
is accrued on the loan at June 30, 2012.



The
Company has unsecured loans with H. E. Capital, S. A. in different amounts. These loans accrue interest at the rate of 8% per
annum. The due dates of the loans have been extended to December 31, 2012. Balance of the loans at June 30, 2012 was $666,750
with accrued interest in the amount of $89,943. History of the H. E. Capital loans is as follows:









|                  |                  
|----------------- | -----------------
|                  | June
    30, 2012
|                  |                  
|                  |                  
|Beginning Balance | $769,750         
|Additions         | 89,000           
|Subtractions      | -                
|Stock Conversion  | 192,000          
|                  |                  
|Ending Balance    | $666,750         
|                  |                  









The
Company also entered into a loan payable with an individual in the amount of $20,000 at 10% due on demand. The Company repaid
$10,000 of this note on August 10, 2010.  As of June 30, 2012 the loan has an outstanding balance of $7,500.  
Interest expense for the six months ended June 30, 2012 and 2011, was $446 and $442 respectively. Accrued interest as of June
30, 2012 was $2,703





On
January 24, 2011, the Company entered into a series of securities purchase agreements with accredited investors (the “Investors”),
pursuant to which the Company sold an aggregate of $380,000 in 12% secured debentures (the “Debentures”). Legend Securities,
Inc. a broker dealer which is a member of FINRA, received a commission of $45,600 and 19,000 warrants at an exercise price of
$0.40 in connection with the sale of the Debentures. The Debentures are due at the earlier of 6 months from the date of issuance
or upon the Company receiving gross proceeds from subsequent financings in the aggregate amount of $1,000,000. The Company raised
$380,000 from the investors. The Company agreed to issue to the Investors five-year warrants to purchase an aggregate of 190,000
shares of common stock at an exercise price of $0.40, which may be exercised on a cashless basis. The Debentures bear interest
at the rate of 12% per annum, payable upon maturity. The Debentures are secured by the assets of the Company pursuant to security
agreements entered into between the Company and the Investors.







The
$380,000 in proceeds from the financing transaction was allocated to the debt features and the warrants based upon their fair
values.  The value of the warrants ($123,120) was recorded as a debt discount on the secured debentures. This discount
was amortized over the life of the secured debentures, six months.



The
estimated fair value of the 190,000 warrants to the investors at issuance on January 24, 2011 was $141,362 and has been classified
as Additional Paid In Capital - Warrants on the Company’s condensed consolidated balance sheet. The estimated fair value
of the warrants was determined using the Black-Scholes option-pricing model.

The
maturity date of these debentures has been extended to September 24, 2012. The Company issued common shares and warrants to the
debenture holders for the extension. The Company issued 1,000,000 common shares with a value of $30,000 and 100,000 five year
warrants exercisable at $0.10 per share valued at $2,999. The remaining balance on the Debentures on June 30, 2012 was $380,000.
Interest incurred for the six months ended June 30, 2012 and 2011 were $26,461 and $22,317 respectively. Interest accrued through
June 30, 2012 was $89,943.



The
Company has issued three Convertible Promissory Notes to Asher Enterprises, Inc., in the amounts of $53,000 on April 12, 2011,
$42,500 on April 27, 2011 and $40,000 on May 23, 2011. The notes call for interest in the amount of eight percent (8%) per annum
from the date of issue until due nine months from the issue date. Asher Enterprises, Ins. has the right to convert the note or
any part of the unpaid principal balance of the note into common shares of the Company anytime after one hundred eighty (180)
days following the issue date of the note. The conversion price is sixty three percent (63%) on the note issued April 12, 2011
and sixty one percent (61%) on the other two notes. The conversion price is calculated on the average of the lowest three (3)
trading prices for the common stock during the ten (10) trading day period ending on the latest complete trading day prior to
the conversion date. The funds were used for working capital.



These
notes also call for 4,790,081 shares of the Company’s common stock to be placed into a reserve account. On August 23, 2011,
the Company received a notice of default on these notes from Asher as a result of the Company’s failure to remain current
in its SEC filings and elected to impose a penalty of 50% of the outstanding note balance or $67,750 against the Company. The
notes remain outstanding and in default as of June 30, 2012.



The
Promissory Notes issued to Asher Enterprises, Inc. are Convertible Promissory Notes with a discounted conversion price. The value
of the discount based upon the current market price of the Company Stock was recorded as a Derivative Liability. This Derivative
Liability at June 30, 2012 was $61,860.















Cash
provided by financing activities for the six months ended June 30, 2012 was $130,191 as compared to $739,050 for the six months
ended June 30, 2011.



We
will seek to raise additional funds to meet our working capital needs principally through the additional sales of our securities.  However,
we cannot guaranty that we will be able to obtain sufficient additional funds when needed, or that such funds, if available, will
be obtainable on terms satisfactory to us.



We
had cash of $33,194 as of June 30, 2012. In the opinion of management, our available funds will not satisfy our working capital
requirements for the next twelve months. Our forecast for the period for which our financial resources will be adequate to
support our operations involves risks and uncertainties and actual results could fail as a result of a number of factors. Besides
generating revenue from our current operations, we will need to raise additional capital to expand our operations to the point
at which we are able to operate profitably. The Company expects increases in the legal and accounting costs and costs to obtain
funding.



We
intend to pursue capital through public or private financing as well as borrowings and other sources, such as our officers, directors
and principal shareholders. We cannot guaranty that additional funding will be available on favorable terms, if at all.  If
adequate funds are not available, then our ability to expand our operations may be significantly hindered. If adequate funds are
not available, we believe that our officers, directors and principal shareholders will contribute funds to pay for our expenses
to achieve our objectives over the next twelve months. However, our officers, directors and principal shareholders are not committed
to contribute funds to pay for our expenses.



Critical
Accounting Policies Involving Management Estimates and Assumptions



Our
discussion and analysis of our financial condition and results of operations is based on our financial statements. In preparing
our financial statements in conformity with accounting principles generally accepted in the United States of America, we must
make a variety of estimates that affect the reported amounts and related disclosures.



Stock
Based Compensation. We will account for employee stock-based compensation costs in accordance with accounting standards requiring
all share-based payments to employees, including grants of employee stock options, to be recognized in our statements of operations
based on their fair values. We will utilize the Black-Scholes option pricing model to estimate the fair value of employee stock
based compensation at the date of grant, which requires the input of highly subjective assumptions, including expected volatility
and expected life. Changes in these inputs and assumptions could materially affect the measure of estimated fair value of our
stock-based compensation.



Use
of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles requires
management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results
could differ from those estimates.



Deferred
Tax Valuation Allowance. Deferred tax assets and liabilities are recognized for the future tax consequences attributable
to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases.
Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which
those temporary differences are expected to be recovered or settled. Valuation allowances are established when necessary to reduce
deferred tax assets to the amount more likely than not to be realized. Income tax expense is the total of tax payable for the
period and the change during the period in deferred tax assets and liabilities.



Emerging
Growth Company.We qualify as an “emerging growth company” under the JOBS
Act. As a result, we are permitted to, and intend to, rely on exemptions from certain disclosure requirements. For so long as
we are an emerging growth company, we will not be required to:



·        
have an auditor report on our internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act;

·        
comply with any requirement that may be adopted by the Public Company Accounting Oversight Board regarding mandatory audit firm
rotation or a supplement to the auditor’s report providing additional information about the audit and the financial statements
(i.e., an auditor discussion and analysis);

·        
submit certain executive compensation matters to shareholder advisory votes, such as “say-on-pay” and “say-on-frequency;”
and

·        
disclose certain executive compensation related items such as the correlation between executive compensation and performance and
comparisons of the CEO’s compensation to median employee compensation.

In
addition, Section 107 of the JOBS Act also provides that an emerging growth company can take advantage of the extended transition
period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words,
an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply
to private companies. We have elected to take advantage of the benefits of this extended transition period. Our financial statements
may therefore not be comparable to those of companies that comply with such new or revised accounting standards.

We
will remain an “emerging growth company” for up to five years, or until the earliest of (i) the last day of the first
fiscal year in which our total annual gross revenues exceed $1 billion, (ii) the date that we become a “large accelerated
filer” as defined in Rule 12b-2 under the Securities Exchange Act of 1934, which would occur if the market value of our
ordinary shares that is held by non-affiliates exceeds $700 million as of the last business day of our most recently completed
second fiscal quarter or (iii) the date on which we have issued more than $1 billion in non-convertible debt during the preceding
three year period.



Rule
12b-2 of the Securities Exchange Act of 1934, as amended, defines a Smaller Reporting Company asan
issuer that is not an investment company, an asset-backed issuer), or a majority-owned subsidiary of a parent that is not a smaller
reporting company and that:



·
Had a public float of less than $ 75 million as of the last business day of its most recently completed second fiscal quarter,
computed by multiplying the aggregate worldwide number of shares of its voting and non-voting common equity held by non-affiliates
by the price at which the common equity was last sold, or the average of the bid and asked prices of common equity, in the principal
market for the common equity; or

·
In the case of an initial registration statement under the Securities Act or Exchange Act for shares of its common equity, had
a public float of less than $75 million as of a date within 30 days of the date of the filing of the registration statement, computed
by multiplying the aggregate worldwide number of such shares held by non-affiliates before the registration plus, in the case
of a Securities Act registration statement, the number of such shares included in the registration statement by the estimated
public offering price of the shares; or

·
In the case of an issuer whose public float as calculated under paragraph (1) or (2) of this definition was zero, had annual revenues
of less than $50 million during the most recently completed fiscal year for which audited financial statements are available.



We
qualify as a Smaller Reporting Company. Moreover, as a Smaller Reporting Company and so long as we remain a Smaller Reporting
Company, we benefit from the same exemptions and exclusions as an Emerging Growth Company. In the event that we cease to be an
Emerging Growth Company as a result of a lapse of the five year period, but continue to be a Smaller Reporting Company, we would
continue to be subject to the exemptions available to Emerging Growth Companies until such time as we were no longer a Smaller
Reporting Company.



Off-Balance
Sheet Arrangements



We
do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial
condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital
resources that is material to investors.



Item
3. Quantitative and Qualitative Disclosures about Market Risk.



Not
applicable for a smaller reporting company.



Item
4T. Controls and Procedures.



Evaluation
of Disclosures and Procedures



We
maintain disclosure controls and procedures designed to ensure that information required to be disclosed in the reports we file
pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”) are recorded, processed, summarized
and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission, and that
such information is accumulated and communicated to our Chief Executive Officer (“CEO”) and Chief Financial Officer
(“CFO”), to allow timely decisions regarding required disclosure. In designing and evaluating the disclosure controls
and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can only provide
a reasonable assurance of achieving the desired control objectives, and in reaching a reasonable level of assurance, management
necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.
Management designed the disclosure controls and procedures to provide reasonable assurance of achieving the desired control objectives.



We
carried out an evaluation, under the supervision and with the participation of our management, including our CEO and CFO, of the
effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this
Quarterly Report. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the
Company’s disclosure controls and procedures are ineffective.



Changes
in Internal Controls Over Financial Reporting



There
have been no changes in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) and
15d-15(f) under the Securities Exchange Act) during the three months ended June 30, 2012 that have materially affected, or
are reasonably likely to materially affect, our internal control over financial reporting.



PART
II - OTHER INFORMATION



Item
1. Legal Proceedings.



There are
no legal proceedings to which the Company or any of its property is the subject.



Item
1A. Risk Factors.



Not applicable
to a smaller reporting company.



Item
2. Unregistered Sales of Equity Securities and Use of Proceeds





During
the three months ended June 30, 2012, the Company issued 15,000,000 shares of common stock for cash. The cash was used for working
capital in the company.



In connection
with the foregoing, the Company relied on the exemption from registration provided by Section 4(2) of the Securities Act of 1933,
as amended, for transactions not involving a public offering.



Item
3. Defaults Upon Senior Securities.



The Company
is in default under promissory notes issued to Asher Enterprises, Inc. for failure to make required payments of interest and principal
and failure to comply with the reporting requirements of the Exchange Act. Aggregate principal and interest owed as of the date
of this filing is $ 223,000.



Item
4. Mine Safety Disclosures.



Not Applicable



Item
5. Other Information.



None.



Item
6. Exhibits.



|No.        |  | Description                                                       
|---------- |  | ------------------------------------------------------------------
|31.1       |  | Rule 13a-14(a)/ 15d-14(a) Certification of Chief Executive Officer
|31.2       |  | Rule 13a-14(a)/ 15d-14(a) Certification of Chief Financial Officer
|32.1       |  | Section 1350 Certification of Chief Executive Officer             
|32.2       |  | Section 1350 Certification of Chief Financial Officer             
|EX-101.INS |  | XBRL
    INSTANCE DOCUMENT                                        
|EX-101.SCH |  | XBRL TAXONOMY
    EXTENSION SCHEMA DOCUMENT                       
|EX-101.CAL |  | XBRL TAXONOMY
    EXTENSION CALCULATION LINKBASE                  
|EX-101.LAB |  | XBRL TAXONOMY
    EXTENSION LABELS LINKBASE                       
|EX-101.PRE |  | XBRL TAXONOMY
    EXTENSION PRESENTATION LINKBASE                 



|
|
|



SIGNATURES



Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.



|                             | Green
    EnviroTech Holdings Corp. |                                                          
|---------------------------- | ----------------------------------- | ---------------------------------------------------------
|                             |                                     |                                                          
|Date: 
    August  20 , 2012 | By:                                 | /s/ Gary
    DeLaurentiis                                
|                             |                                     | Gary
    DeLaurentiis                                    
|                             |                                     | Chief Executive
    Officer (principal executive officer)



|Date:  August 
    20, 2012 | By: | /s/ Wayne
    Leggett                                                                   | 
|--------------------------- | --- | --------------------------------------------------------------------------------------- | 
|                            |     | Wayne
    Leggett                                                                       | 
|                            |     | Chief Financial
    Officer (principal financial officer, principal accounting officer) | 



|12
|--