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| x | Annual Report under Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2009 |
|---|---------------------------------------------------------------------------------------------------------------------------------|

| o | Transition report under Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|---|------------------------------------------------------------------------------------|

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|  Florida                                                                          |   |  88-0409143                                          |
|---------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------|
|  (State or Other Jurisdiction  of Incorporation or Organization)   |   |     (IRS Employer Identification No.) |

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| Large accelerated filer | o      |                                          | Accelerated filer         | o      |
|-------------------------|--------|-----------------------------------------------|---------------------------|--------|
|                    |   |                                          |                      |   |
| Non-accelerated filer   | o      | (Do not check if a smaller reporting company) | Smaller reporting company | x      |

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|                       | PART I                                                                                                                |  Page |
|----------------------------|-----------------------------------------------------------------------------------------------------------------------|------------|
|                       |                                                                                                                  |       |
|  Item 1.         | Business                                                                                                              | 4          |
|                       |                                                                                                                  |       |
|  Item 1A.             | Risk Factors                                                                                                     | 7          |
|                       |                                                                                                                  |       |
|  Item 1B.             | Unresolved Staff Comments                                                                                        | 7          |
|                       |                                                                                                                  |       |
|  Item 2.         | Properties                                                                                                            | 7          |
|                       |                                                                                                                  |       |
|  Item 3.              | Legal Proceedings                                                                                                     | 8          |
|                       |                                                                                                                  |       |
|  Item 4.    | Submission of Matters to a Vote of Security Holders                                                                   | 8          |
|                       |                                                                                                                  |       |
|                       | PART II                                                                                                               |       |
|                       |                                                                                                                  |       |
|  Item 5.         | Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities | 8          |
|                       |                                                                                                                  |       |
|  Item 6.              | Selected Financial Data                                                                                               | 10         |
|                       |                                                                                                                  |       |
|  Item 7.         | Management's Discussion and Analysis of Financial Condition and Results of Operations                                 | 10         |
|                       |                                                                                                                  |       |
|  Item 7A.             | Quantitative and Qualitative Disclosures About Market Risk                                                       | 12         |
|                       |                                                                                                                  |       |
|  Item 8.         | Financial Statements and Supplementary Data                                                                           | 12         |
|                       |                                                                                                                  |       |
|  Item 9.              | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure                             | 13         |
|                       |                                                                                                                  |       |
|  Item 9A(T).          | Controls and Procedures                                                                                               | 13         |
|                       |                                                                                                                  |       |
|  Item 9B.             | Other Information                                                                                                     | 14         |
|                       |                                                                                                                  |       |
|                       | PART III                                                                                                              |       |
|                       |                                                                                                                  |       |
|  Item 10.        | Directors, Executive Officers and Corporate Governance                                                           | 14         |
|                       |                                                                                                                  |       |
|  Item 11.   | Executive Compensation                                                                                                | 15         |
|                       |                                                                                                                  |       |
|  Item 12.   | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matter                    | 16         |
|                       |                                                                                                                  |       |
|  Item 13.        | Certain Relationships and Related Transactions, and Director Independence                                        | 17         |
|                       |                                                                                                                  |       |
|  Item 14.             | Principal Accounting Fees and Services                                                                           | 18         |
|                       |                                                                                                                  |       |
|                       | PART IV                                                                                                               |       |
|                       |                                                                                                                  |       |
|  Item 15.        |  Exhibits, Financial Statements Schedules                                                                        |  19   |
|                       |                                                                                                                  |       |
|                       |  SIGNATURES                                                                                                      |  19   |

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| Quarter        |   | High   |   |   | Low    |   |
|----------------|--------|--------|--------|--------|--------|--------|
| 2008           |   |   |   |   |   |   |
| First Quarter  |   | $      | .450   |   |   | $      | .150 |   |
| Second Quarter |   | $      | .500   |   |   | $      | .105 |   |
| Third Quarter  |   | $      | .280   |   |   | $      | .060 |   |
| Fourth Quarter |   | $      | .080   |   |   | $      | .025 |   |
|           |   |   |   |   |   |   |   |   |
| 2009           |   |   |   |   |   |   |   |   |
| First Quarter  |   | $      | .063   |   |   | $      | .026 |   |
| Second Quarter |   | $      | .119   |   |   | $      | .020 |   |
| Third Quarter  |   | $      | .035   |   |   | $      | .015 |   |
| Fourth Quarter |   | $      | .020   |   |   | $      | .010 |   |

|                                                       |   | Number of Securities to be issued upon exercise of outstanding options, warrants and rights |   |   | Weighted-average price of outstanding options warrants and rights |   |   | Number of Securitiesremaining available for future issuance under equity compensation plans(excluding securities reflected in column (a)) |   |
|------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                       |   | (a)                                                                                         |   |   | (b)                                                               |   |   | (c)                                                                                                                                       |   |
| Equity compensation plans approved by security holders     |   |                                                                                        | -      |   |                                                              |   | -      |                                                                                                                                      |   |   | - |   |
| Equity compensation plans not approved by security holders |   |                                                                                        | -      |   |                                                              |   | -      |                                                                                                                                      |   |   | - |   |
| TOTAL                                                      |   |                                                                                        | -      |   |                                                              |   | -      |                                                                                                                                      |   |   | - |   |

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|                                                          | PAGE(S)    |
|---------------------------------------------------------------|------------|
|                                                          |       |
|  REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | F-2        |
|                                                          |       |
|  BALANCE SHEETS                                          | F-3        |
|                                                          |       |
|  STATEMENTS OF OPERATIONS                                | F-4        |
|                                                          |       |
|  STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)             | F-5        |
|                                                          |       |
|  STATEMENTS OF CASH FLOWS                                | F-6 - F-7  |
|                                                          |       |
|  NOTES TO FINANCIAL STATEMENTS                           | F-8 - F-13 |

----

----

|                                                                                                          |   |              |                                                                                                                                        |   |             |   |
|---------------------------------------------------------------------------------------------------------------|--------|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|--------|
| NEW GREEN TECHNOLOGIES, INC.                                                                                  |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |
| BALANCE SHEETS                                                                                                |
| (A Development Stage Company)                                                                                 |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |
|                                                                                                          |   | December 31, 2009 |                                                                                                                                        |   | December 31,2008 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |
| ASSETS                                                                                                        |
| CURRENT ASSETS                                                                                                |   |              |                                                                                                                                        |   |             |   |
| Cash and Cash Equivalents                                                                                     |   | $                 | 2,504                                                                                                                                       |   |             | $      | 4,480 |   |
| Security Deposit                                                                                              |   |              |                        - |   |             |   | 2,500 |   |
| Total Current Assets                                                                                          |   |              | 2,504                                                                                                                                       |   |             |   | 6,980 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| PROPERTY AND EQUIPMENT                                                                                        |   |              |                                                                                                                                        |   |             |   |   |   |
| Computers and Equipment, net                                                                                  |   | 2,922             |                                                                                                                                        |   |             | 3,661  |   |
| CAVD Unit, net                                                                                                |   |              | 64,999                                                                                                                                      |   |             |   | 85,000 |   |
| BORS/Plasma Equipment, net                                                                                    |   | 27,600            |                                                                                                                                        |   |             | 32,400 |   |
| Total Property and Equipment                                                                                  |   |              | 95,521                                                                                                                                      |   |             |   | 121,061 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| OTHER ASSETS                                                                                                  |   |              |                                                                                                                                        |   |             |   |   |   |
| CAVD Technology                                                                                               |   |              | 645,667                                                                                                                                     |   |             |   | 645,667 |   |
| Plasma/BORS Technology                                                                                        |   |              | 300,000                                                                                                                                     |   |             |   | 300,000 |   |
| Investment Kinetic Energy                                                                                     |   |              |                        - |   |             |   | 68,750 |   |
| New Green Technology                                                                                          |   |              | 12,000                                                                                                                                      |   |             |   | 12,000 |   |
| Total Other Assets                                                                                            |   |              | 957,667                                                                                                                                     |   |             |   | 1,026,417 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| Total Assets                                                                                                  |   | $                 | 1,055,692                                                                                                                                   |   |             | $      | 1,154,458 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                                                              |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| CURRENT LIABILITIES                                                                                           |   |              |                                                                                                                                        |   |             |   |   |   |
| Accounts Payable                                                                                              |   | $                 | 142,828                                                                                                                                     |   |             | $      | 282,352 |   |
| Accrued Liabilities                                                                                           |   |              |   282,000                                                                                                                         |   |             |   | 502,215 |   |
| Current Portion  Notes Payable – Related Parties                                              |   |              | 75,000                                                                                                                                      |   |             |   | 30,000 |   |
| Accrued Interest – Related Party                                                                        |   |              | 64,925                                                                                                                                      |   |             |   | 37,924 |   |
| Total Current Liabilities                                                                                     |   |              | 564,753                                                                                                                                     |   |             |   | 852,491 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| OTHER LIABILITIES                                                                                             |   |              |                                                                                                                                        |   |             |   |   |   |
| Notes Payable:                                                                                                |   |              |                                                                                                                                        |   |             |   |   |   |
| Related Parties                                                                                               |   |              | 204,730                                                                                                                                     |   |             |   | 171,500 |   |
| Other                                                                                                         |   |              | 50,000                                                                                                                                      |   |             |   | 152,500 |   |
| Due to Related Parties                                                                                        |   |              | 2,500                                                                                                                                       |   |             |   | 51,500 |   |
| Total Liabilities                                                                                             |   |              | 821,983                                                                                                                                     |   |             |   | 1,227,991 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                 |   |              |                                                                                                                                        |   |             |   |   |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| STOCKHOLDERS' EQUITY (DEFICIT)                                                                                |   |              |                                                                                                                                        |   |             |   |   |   |
| Common Stock, $.001 par value, 200,000,000 Shares Authorized                                                  |   |              |                                                                                                                                        |   |             |   |   |   |
|       99,043,702 and 24,009,558 Issued and Outstanding Respectively             |   |              | 99,044                                                                                                                                      |   |             |   | 24,010 |   |
| Preferred Stock, $.001 par value, 70,000,000 Shares Authorized                                                |   |              |                                                                                                                                        |   |             |   |   |   |
|       29,517 Issued and Outstanding                                             |   |              | 29                                                                                                                                          |   |             |   | 29 |   |
| Additional Paid - in Capital                                                                                  |   |              | 18,349,471                                                                                                                                  |   |             |   | 17,220,998 |   |
| Total Capital Stock                                                                                           |   |              | 18,448,544                                                                                                                                  |   |             |   | 17,245,037 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| Accumulated Deficit                                                                                           |   |              | (18,214,835                                                                                                                                 | )      |             |   | (17,318,570 | ) |
| Total Stockholders' Equity (Deficit)                                                                          |   |              | 233,709                                                                                                                                     |   |             |   | (73,533 | ) |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| Total Liabilities & Equity (Deficit)                                                                      |   | $                 | 1,055,692                                                                                                                                   |   |             | $      | 1,154,458 |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
|                                                                                                          |   |              |                                                                                                                                        |   |             |   |   |   |
| See accompanying notes to financial statements which are an integral part of these financial statements. |   |

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| NEW GREEN TECHNOLOGIES, INC.                                                                                      |   |
|-------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                              |   |
| STATEMENTS OF OPERATIONS                                                                                          |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |
| (A Development Stage Company)                                                                                     |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |
| For the years ended December 31, 2009 and 2008                                                                    |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   | Accumulated From Date of Inception Through |   |
|                                                                                                              |   | 2009 |   |   | 2008 |   |   | December 31, 2009 |   |
| Net Sales                                                                                                         |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of Sales                                                                                                     |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Gross Profit                                                                                                      |   |   | -  |   |   |   | -  |   |   |   | - |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Selling, General & Administrative Expenses                                                                    |   |   | 778,848 |   |   |   | 1,447,397 |   |   |   | 14,776,837 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Research And Development                                                                                          |   |   | - |   |   |   | - |   |   |   | 1,374,586 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss from Operations                                                                                              |   |   | (778,848 | ) |   |   | (1,447,397) |   |   |   | (16,151,423) |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss on Sale of Securities                                                                                        |   |   | - |   |   |   | - |   |   |   | 697,237 |   |
| Permanent Impairment Write down on                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |
| Marketable securities                                                                                             |   | 68,750 |   |   |   | 133,787 |   |   |   | 1,112,309 |   |
| Interest Expense                                                                                                  |   |   | 48,667 |   |   |   | 99,000 |   |   |   | 253,866 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Loss                                                                                                          |   | $ | (896,265 | ) |   | $ | (1,680,184) |   |   | $ | (18,214,835) |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic Net Loss Per Common Share                                                                                   |   | $ | (0.01 | ) |   | $ | (0.12 | ) |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted Net Loss Per Common Share                                                                                 |   | $ | (0.01 | ) |   | $ | (0.12 | ) |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted Average of Common Shares                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|       Outstanding                                                                   |   |   | 59,178,418 |   |   |   | 13,664,479 |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| See accompanying notes to financial statements footnotes which are an integral part of these financial statements |   |

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| NEW GREEN TECHNOLOGIES, INC.                   |   |   |   |
|------------------------------------------------|--------|--------|--------|
| For the Years Ended December 31, 2009 and 2008 |   |   |   |
| (A Development Stage Company)                  |   |   |   |
|                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)   |   |   |   |

|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |
|--------------------------------------------------|--------|--------------|------------|--------|-----------------|--------|--------|----------|--------|--------|---------------|--------|--------|-------------|--------|--------|-------------|--------|------------|-----------|--------|--------|----------|--------|--------|--------|----------|
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   | Additional  |   |   | Accumulated |   |       | Balance   |   |   |     |   |   |   |     |
|                                             |   | Common Stock |       |   | Preferred Stock |   |   | Paid -In |   |   | Comprehensive |   |   | Due on Sale |   |   | Accumulated |   |       |      |   |
|                                             |   | Shares       |       |   | $               |   |   | Shares   |   |   | $             |   |   | Capital$    |   |   | Loss$       |   |       | of Stock$ |   |   | Deficit$ |   |   | Total$ |     |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |
|  BALANCE                                    |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |
| December 31, 2007                                |   |         | 6,077,690  |   |            | $      | 6,078  |     |   |   | 29,517        |   |   | $           | 29     |   |        | $      | 15,054,024 |      |   | $      | (83,787  | )      |   | $      | (455,000 | ) |   | $ | (15,638,386 | ) |   | $ | (1,117,042 | )  |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued for Services                 |   |         | 8,218,536  |   |            |   | 8,219  |     |   |   | -        |   |   |        | -      |   |        |   | 836,141    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 844,360 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Notes Payable Converted to Common Stock    |   |         | 1,800,000  |   |            |   | 1,800  |     |   |   | -             |   |   |        | -      |   |        |   | 21,200     |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 23,000 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued for Interest                 |   |         | 1,879,999  |   |            |   | 1,880  |     |   |   | -             |   |   |        | -      |   |        |   | 70,120     |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 72,000 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Purchase of CAVD                           |   |         | 3,183,333  |   |            |   | 3,183  |     |   |   | -             |   |   |        | -      |   |        |   | 442,484    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 445,667 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Purchase of Plasma/BORS Technology         |   |         | 2,800,000  |   |            |   | 2,800  |     |   |   | -             |   |   |        | -      |   |        |   | 333,200    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 336,000 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Purchase of New Green (name)               |   |         | 50,000     |   |            |   | 50     |     |   |   | -             |   |   |        | -      |   |        |   | 11,950     |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 12,000 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued for Old Debt                 |   |         | -          |   |            |   | -      |     |   |   | -             |   |   |        | -      |   |        |   | 906,879    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 906,879 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Net Loss                                   |   |         | -     |   |            |   | -      |     |   |   | -             |   |   |        | -      |   |        |   | -          |      |   |   | -        |   |   |   | -        |   |   |   | (1,680,184 | ) |   |   | (1,680,184 | ) |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Sale of Reg S Shares                       |   |         | -     |   |            |   | -      |     |   |   | -             |   |   |        | -      |   |        |   | (455,000   | )         |   |   | -        |   |   |   | 455,000  |   |   |   | - |   |   |   | - |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Realized Loss                              |   |         | -          |   |            |   | -      |     |   |   | -             |   |   |        | -      |   |        |   | -          |      |   |   | 83,787   |   |   |   | -        |   |   |   | - |   |   |   | 83,787 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Balance                                    |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
| December 31, 2008                                |   |         | 24,009,558 |   |            |   | 24,010 |     |   |   | 29,517        |   |   |        | 29     |   |        |   | 17,220,998 |      |   |   | -        |   |   |   | -        |   |   |   | (17,318,570 | ) |   |   | (73,533 | ) |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued for Services                 |   |         | 9,669,646  |   |            |   | 9,670  |     |   |   | -             |   |   |        | -      |   |        |   | 250,169    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 259,834 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Notes Payable Converted to Common Stock    |   |         | 7,666,500  |   |            |   | 7,667  |     |   |   | -             |   |   |        | -      |   |        |   | 118,615    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 126,282 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued for Interest                 |   |         | 266,666    |   |            |   | 266    |     |   |   | -             |   |   |        | -      |   |        |   | 10,400     |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 10,666 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued to Convert Accrued Liability |   |         | 57,331,332 |   |            |   | 57,331 |     |   |   | -             |   |   |        | -      |   |        |   | 740,294    |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 797,625 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Shares Issued for Rent                     |   |         | 100,000    |   |            |   | 100    |     |   |   | -             |   |   |        | -      |   |        |   | 9,000      |      |   |   | -        |   |   |   | -        |   |   |   | - |   |   |   | 9,100 |   |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Net Loss                                   |   |         | -          |   |            |   | -      |     |   |   | -             |   |   |        | -      |   |        |   | -          |      |   |   | -        |   |   |   | -        |   |   |   | (896,265 | ) |   |   | (896,265 | ) |
|                                             |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
|  Balance                                    |   |         |       |   |            |   |   |     |   |   |          |   |   |        |   |   |        |   |       |      |   |   |     |   |   |   |     |   |   |   |   |   |   |   |   |   |
| December 31, 2009                                |   |         | 99,043,702 |   |            | $      | 99,044 |     |   |   | 29,517        |   |   | $           | 29     |   |        | $      | 18,349,471 |      |   | $      | -        |   |   | $      | -        |   |   | $ | (18,214,835 | ) |   | $ | 233,709 |   |

----

| New Green Technologies, Inc.                                            |
|-------------------------------------------------------------------------|
|                                                                    |   |   |   |   |   |   |   |   |   |
| STATEMENTS OF CASH FLOWS                                                |
| (A Development Stage Company)                                           |
|                                                                    |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   | Accumulated from |   |
|                                                                    |   |   |   |   |   |   |   | Date of Inception |   |
|                                                                    |   | For The Year Ended |   |   | For The Year Ended |   |   | through |   |
|                                                                    |   | December 31, 2009 |   |   | December 31, 2008 |   |   | December 31, 2009 |   |
| OPERATING ACTIVITIES                                                    |   |   |   |   |   |   |   |   |   |
| Net Loss                                                                |   | $ | (896,265 | ) |   | $ | (1,680,184 | ) |   | $ | (18,214,835 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Adjustments To Reconcile Net Loss to Cash Used By Operating Activities: |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation                                                            |   |   | 25,540 |   |   |   | 23,712 |   |   |   | 66,440 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Amortization of Debt Discount                                           |   |   | -  |   |   |   | - |   |   |   | 40,000 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of Common Stock For Rent                                       |   |   | 9,100 |   |   |   | - |   |   |   | 9,100 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of Common Shares for Services                             |   |   | 259,834 |   |   |   | 844,360 |   |   |   | 11,974,039 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance to Regent                                                      |   |   | -  |   |   |   | -  |   |   |   | 839,232 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of Common Shares for Interest                                  |   |   | 10,666 |   |   |   | - |   |   |   | 10,666 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss on Sale of Securities                                              |   |   | -  |   |   |   | - |   |   |   | 697,237 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss on Investment                                                      |   |   | 68,750 |   |   |   | 133,787 |   |   |   | 202,537 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Permanent Impairment Write down on Marketable Securities                |   |   | -  |   |   |   | -  |   |   |   | 903,468 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Changes in Operating Assets and Liabilities                             |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Accounts Payable                                                        |   |   | (139,524 | ) |   |   | 161,759 |   |   |   | 85,128 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Accrued Interest - Related Parties                                      |   |   | 27,001 |   |   |   | 114,000 |   |   |   | 193,622 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock Loans Receivable                                                  |   |   | -  |   |   |   | -  |   |   |   | 7,000 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Accrued Liabilities                                                     |   |   | 577,410 |   |   |   | 378,667 |   |   |   | 1,090,986 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Due to Related Parties                                                  |   |   | (49,000 | ) |   |   | - |   |   |   | (49,000 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Used By Operating Activities                                       |   |   | (106,488 | ) |   |   | (23,899 | ) |   |   | (2,144,380 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| INVESTING ACTIVITIES                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Purchase of Fixed Assets                                                |   |   | -  |   |   |   | - |   |   |   | (23,881 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Proceeds on Sale of Marketable Securities                          |   |   | -  |   |   |   | - |   |   |   | 201,208 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss on Langley                                                         |   |   | -  |   |   |   | - |   |   |   | 6,304 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| CAVD Acquisition                                                        |   |   | -  |   |   |   | (200,000 | ) |   |   | (300,000 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Employee Advances                                                       |   |   | -  |   |   |   | - |   |   |   | (4,500 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Investment in SEP                                                       |   |   | -  |   |   |   | - |   |   |   | (50,000 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Used By Investing Activities                                       |   |   | - |   |   |   | (200,000 | ) |   |   | (170,869 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |

----

| FINANCING ACTIVITIES                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|--------|--------|----------|--------|--------|--------|-------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| Proceeds from notes payable, net                                                                                        |   |    | 102,012 |   |   |   | 227,000  |   |   |   | 539,012                                                                                               |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| Security Deposit                                                                                                        |   |    | 2,500   |   |   |   | -        |   |   |   | -                                                                                                     |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| Net Proceeds From Shareholder Advances                                                                                  |   |    | -       |   |   |   | -        |   |   |   | 1,733,741                                                                                             |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| Stock Subscription                                                                                                      |   |    | -       |   |   |   | -        |   |   |   | 45,000                                                                                                |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| Cash Provided By Financing Activities                                                                                   |   |    | 104,512 |   |   |   | 227,000  |   |   |   | 2,317,753                                                                                             |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| Decrease (Increase) in Cash and Cash Equivalents                                                                        |   |    | (1,976  | )      |   |   | 3,101    |   |   |   | 2,504                                                                                                 |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| CASH AND CASH EQUIVALENTS, beginning of period                                                                          |   |    | 4,480   |   |   |   | 1,379    |   |   |   | -                                                                                                     |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| CASH AND CASH EQUIVALENTS, end of period                                                                                |   | $       | 2,504   |   |   | $      | 4,480    |   |   | $      |                 2,504 |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| PURCHASE of CAVD Technology and Equipment                                                                               |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| 3,183,333 common shares                                                                                                 |   | $       | -       |   |   | $      | 445,667  |   |   |   |                                                                                                  |   |
| PURCHASE of Plasma & BORS Technology and Equipment                                                                  |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| 2,800,000 common shares                                                                                                 |   | $       | -       |   |   | $      | 336,000  |   |   |   |                                                                                                  |   |
| PURCHASE of  NAME "NEW GREEN TECHNOLOGIES, INC"                                                               |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| 50,000 common shares                                                                                                    |   | $  | -       |   |   | $      | 12,000   |   |   |   |                                                                                                  |   |
| SHARES Issued to convert Accrued Liabilities                                                                            |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| 57,331,332 common shares                                                                                                |   | $       | 797,625 |   |   | $      |   - |   |   |   |                                                                                                  |   |
| SHARES Issued to Convert Notes Payable                                                                                  |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| 7,666,500 Common Shares                                                                                                 |   | $       | 126,282 |   |   | $      | 23,000   |   |   |   |                                                                                                  |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
|                                                                                                                    |   |    |    |   |   |   |     |   |   |   |                                                                                                  |   |
| See accompanying notes to financial statements footnotes which are an integral part of these financial statements. |

----

----

|   | · | The Company’s ability to obtain adequate sources of outside financing to support near term operations and to allow the Company to continue forward with current strategic plans.  Management acquired the CAVD technology in March of 2008 to allow a greater opportunity of sales and associated cash flow in addition to financing and capital raising plans. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                       |
|   | · | The Company’s ability to ultimately achieve revenue, adequate profitability and cash flows to sustain continuing operations.                                                                                                                                                                                                                                         |

----

----

|                    |   | 2009   |    |
|-------------------------|--------|--------|---------|
|                    |   |   |    |   |   |   |
|                    |   | Cost   |    |   | Accumulated Depreciation |   |
|                    |   |   |    |   |   |   |
| CAVD Unit               |   | $      | 100,000 |   |   | $ | 35,001 |   |
| BORS/ PLASMA EQUIPMENT  |   |   | 36,000  |   |   |   | 8,400 |   |
| Computers and Equipment |   |   | 41,266  |   |   |   | 38,344 |   |
| Total                   |   | $      | 177,266 |   |   | $ | 81,745 |   |

|                                                                                                                         |   | 2009   |    |   | 2008   |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                                                |   |   |    |   |   |   |
|                                                                                                                         |   |   |    |   |   |   |
| CAVD TECHNOLOGY                                                                                                              |   | $      | 645,667 |   |   | $      | 645,667 |   |
| BORS/PLASMA TECHNOLOGY                                                                                                       |   |   | 300,000 |   |   |   | 300,000 |   |
| New Green Technologies                  |   |   | 12,000  |   |   |   | 12,000 |   |
|                                                                                                                         |   |   |    |   |   |   |   |   |
| Total                                                                                                                        |   | $      | 957,667 |   |   | $      | 957,667 |   |

----

|                                   |   | 2009   |       |   | 2008   |   |
|----------------------------------------|--------|--------|------------|--------|--------|--------|
|  Net operating losses   |   | $      | 18,214,835 |   |   | $      | 17,318,570 |   |
|  Total deferred tax assets   |   |   | 7,796,347  |   |   |   | 7,441,874 |   |
|  Valuation allowance         |   |   | (7,796,347 | )      |   |   | (7,441,874 | ) |
|  Net deferred tax assets     |   | $      | -          |   |   | $      | - |   |

----

----

----

| NAME    |   | AGE    |   | POSITION                                                    |
|--------------|--------|--------|--------|------------------------------------------------------------------|
|         |   |   |   |                                                             |
| George Ring  |   | 49     |   | Chief Executive and Acting Principal Financial Officer, Director |
|         |   |   |   |                                                             |
| John Stanton |   | 61     |   | Director                                                         |

----

| Name and Principal Position                   | Year                 |   | Salary |   |   | Bonus  |   |   | Stock Awards |   |   | Option Awards |   |   | Non-Equity Incentive Plan Compensation |   |   | Nonqualified Deferred Compensation Earnings |   |   | All other compensation |   |   | Total  |   |
|-----------------------------------------------|----------------------|--------|--------|--------|--------|--------|--------|--------|--------------|--------|--------|---------------|--------|--------|----------------------------------------|--------|--------|---------------------------------------------|--------|--------|------------------------|--------|--------|--------|--------|
|                                          |                 |   | ($)    |   |   | ($)    |   |   | ($)          |   |   | ($)           |   |   | ($)                                    |   |   | ($)                                         |   |   | ($)                    |   |   | ($)    |   |
|                                          |                 |   |   |   |   |   |   |   |         |   |   |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |
| (a)                                           | (b)                  |   | (c)    |   |   | (d)    |   |   | (e)          |   |   | (f)           |   |   | (g)                                    |   |   | (h)                                         |   |   | (i)                    |   |   | (j)    |   |
|                                          |                 |   |   |   |   |   |   |   |         |   |   |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |
| Joseph A. DiCara,Chief Executive Officer      | 11/16/2007           |   |   | 0      |   |   |   | 0      |         |   |   | 0             |   |   |                                   | 0      |   |                                        |   | 0      |                   |   |   | 0      |   |   |   | 0 |   |   |   | 0 |   |
| Through                                       |                 |   |   |   |   |   |   |   |         |   |   |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| 2/7/2008                                      |                 |   | 0      |   |   |   | 0      |   |         |   | 0      |          |   |   | 0                                      |   |   |                                        | 0      |   |                   |   | 0      |   |   |   | 0 |   |   |   | 0 |   |
|                                          |                 |   |   |   |   |   |   |   |         |   |   |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Craig Huffman, President and CEO and Chairman | 2/8/2008             |   |   | 0      |   |   |   | 0      |         |   |   | 0             |   |   |                                   | 0      |   |                                        |   | 0      |                   |   |   | 0      |   |   |   | 0 |   |   |   |   |   |
| Through                                       |                 |   | 29,500 | 1      |   |   |   |   |         |   | 18,333 |          |   |   | 0                                      |   |   |                                        | 0      |   |                   |   | 0      |   |   |   | 0 |   |   |   | 47,833 |   |
|  August 3, 2009                          |                 |   | 5,000  | 2      |   |   |   |   |         |   | 54,145 |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |   | 300,000 |   |   |   | 359,315 |   |
|                                          |                 |   |   |   |   |   |   |   |         |   |   |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| George Ring                                   |  August 4, 2009 |   |   | 20,000 | 3      |   |   |   |         |   |   |          |   |   |                                   |   |   |                                        |   |   |                   |   |   |   |   |   |   |   |   |   |   | 20,000 |   |

| Outstanding Equity Awards at December 31, 2009 |   |
|------------------------------------------------|--------|

|                                |   | OPTION AWARDS                                                       |   |   | STOCK AWARDS                                                          |   |
|-------------------------------------|--------|---------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------------|--------|
| Name                                |   | Number of Securities Underlying Unexercised Options (#) Exercisable |   |   | Number of Securities Underlying Unexercised Options (#) Unexercisable |   |   | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options(#) |   |   | Option Exercise Price($) |   |   | Option Expiration Date |   |   | Number of Shares or Units of Stock that have not Vested(#) |   |   | Market Value of Shares or Units of Stock that have not Vested($) |   |   | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights that have not Vested($) |   |   | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights that have not Vested($) |   |
|                                |   |                                                                |   |   |                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (a)                                 |   | (b)                                                                 |   |   | (c)                                                                   |   |   | (d) |   |   | (e) |   |   | (e) |   |   | (g) |   |   | (h) |   |   | (i) |   |   | (i) |   |
|                                |   |                                                                | 0      |   |                                                                  |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |
| George Ring Chief Executive Officer |   |                                                                | 0      |   |                                                                  |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |

----

| Name                 |   | Fees Earned or Paid in Cash($) |   |   | Stock Awards($) |   |   | Option Awards($) |   |   | Non-Equity Incentive Plan Compensation($) |   |   | Nonqualified Deferred Compensation Earnings($) |   |   | All Other Compensation($) |   |   | Total($) |   |
|----------------------|--------|--------------------------------|--------|--------|-----------------|--------|--------|------------------|--------|--------|-------------------------------------------|--------|--------|------------------------------------------------|--------|--------|---------------------------|--------|--------|----------|--------|
|                 |   |                           |   |   |            |   |   |             |   |   |                                      |   |   |                                           |   |   |                      |   |   |     |   |
| (a)                  |   | (b)                            |   |   | (c)             |   |   | (d)              |   |   | (e)                                       |   |   | (f)                                            |   |   | (g)                       |   |   | (h)      |   |
| John StantonChairman |   |                           | -      |   |            |   | -      |             |   |   | -                                         |   |   |                                           | -      |   |                      |   | -      |     |   |   | - |   |   |   | - |   |
|                 |   |                           |   |   |            |   |   |             |   |   |                                      |   |   |                                           |   |   |                      |   |   |     |   |   |   |   |   |   |   |   |
|  George Ring    |   |                           | -      |   |            |   | -      |             |   |   | -                                         |   |   |                                           | -      |   |                      |   | -      |     |   |   | - |   |   |   | - |   |

| Title of class | Name Beneficial Owner                              |   | Amount and Nature of Beneficial Ownership |      |   | Percentage of Class1 |   |
|----------------|----------------------------------------------------|--------|-------------------------------------------|-----------|--------|---------------------------|--------|
|           |                                               |   |                                      |      |   |                      |   |
| Common Stock   | George Ring                                        |   |                                      |      |   |                      |   |   |   |
|           | Chief Executive Officer, Director                  |   |                                      | -         |   |                      |   | - |   |
|           |                                               |   |                                      |      |   |                      |   |   |   |
| Common Stock   | John StantonDirector                               |   |                                      | 1,174,444 |   |                      |   | 1.2 | % |
|           |                                               |   |                                      |      |   |                      |   |   |   |
|           | All Officers and Directors as a group (total of 2) |   |                                      | 1,174,444 |   |                      |   | 1.2 | % |

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| Title of class  | Name Beneficial Owner |   | Amount and Nature of Beneficial Ownership |   |   | Percentage of Class1 |   |
|-----------------|-----------------------|--------|-------------------------------------------|--------|--------|---------------------------|--------|
| Preferred Stock | Dan Simonetti         |   |                                      | 4,763  |   |                      |   | 16.1 | % |
| Preferred Stock | John F. Simonetti     |   |                                      | 7,144  |   |                      |   | 24.2 | % |
| Preferred Stock | Kevin Pickard         |   |                                      | 4,763  |   |                      |   | 16.1 | % |
| Preferred Stock | William McHale        |   |                                      | 1,668  |   |                      |   | 5.6 | % |
| Preferred Stock | John P. Gordon        |   |                                      | 8,334  |   |                      |   | 28.2 | % |

|   | (1)   | Under Rule 13d-3 promulgated under the Exchange Act, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares.  Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares).  In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided.  In computing the percentage ownership of any person, the amount of shares is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights.  As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding on April 14, 2009.  As of April 1, 2010, we had 105,081,232 shares of common stock outstanding and 29,517 shares of class “A” preferred stock outstanding. |
|--------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (A)  | any of our directors or executive officers; |
|--------|-----------|---------------------------------------------|

|   | (B)  | any nominee for election as one of our directors; |
|--------|-----------|---------------------------------------------------|

|   | (C) | any person who is known by us to beneficially own, directly or indirectly, shares carrying more than 5% of the voting rights attached to our common stock; or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (D) | any member of the immediate family (including spouse, parents, children, siblings and in-laws) of any of the foregoing persons named in paragraph (A), (B) or (C) above. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Exhibit | Description                           |
|---------|---------------------------------------|
| 3.1.1   | Articles of Incorporation (1)         |
| 3.1.2   | Amended Articles of Incorporation (1) |
| 3.2     | Bylaws (1)                            |
| 14.1    | Code of Ethics (2)                    |

| 31.1   | Certification of Chief Executive Officer and Acting Principal Financial Officer of New Green Technologies, Inc. required by Rule 13a - 14(1) or Rule 15d - 14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 32.1   | Certification of Chief Executive Officer and Acting Principal Financial Officer of New Green Technologies, Inc. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                 |
| (1)    | Incorporated by reference to our Registration Statement filed on Form 10-K dated March 1, 2000.                                                                                                                                                                                                                                      |

|                      | NEW GREEN TECHNOLOGIES, INC. |                                            |
|---------------------------|------------------------------|-------------------------------------------------|
|                      |                         |                                            |   |
| Date: April 14, 2010 | By:                          | /s/ George Ring                            |   |
|                      |                         | Name: George Ring                     |   |
|                      |                         | Title:  Chief Executive Officer  |   |
|                      |                         |                                            |   |

|                                                                                                       |   |   |                            |   |
|------------------------------------------------------------------------------------------------------------|--------|--------|---------------------------------|--------|
| /s/ George Ring                                                                             |   |   | Date: April 14, 2010  |   |
| Name: George Ring                                                                                     |   |   |                            |   |
| Title: George Ring, Chief Executive Officer, Acting Principal Financial Officer,  Director  |   |   |                            |   |

|                                         |   |   |                      |   |
|----------------------------------------------|--------|--------|---------------------------|--------|
| /s/ John Stanton                             |   |   | Date: April 14, 2010 |   |
| Name: John Stanton                           |   |   |                      |   |
| Title: Director, Chairman of the Board  |   |   |                      |   |

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