Vista International 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	15-May-15
Document and Entity Information:
Entity Registrant Name	Vista International Technologies Inc
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Entity Central Index Key	1096939
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding		29,030,914
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

Statement_of_Financial_Positio

Statement of Financial Position (USD $)	Mar. 31, 2015	Dec. 31, 2014
Balance Sheets
Cash and Cash Equivalents, at Carrying Value	$24,845	$10,748
Accounts Receivable, Net, Current	6,469	30,341
Prepaid Expense, Current	8,405	18,698
Assets, Current	39,719	59,787
Environmental Deposit	170,000	170,000
DepositsAssets	1,896	1,896
Property Plant And EquipmentNet	319,323	336,634
Deferred Costs, Noncurrent	159,247	139,627
Finite-Lived Intangible Assets, Net	14,975	15,959
Assets, Noncurrent	665,441	664,116
Assets	705,160	723,903
Accounts Payable And Accrued Liabilities Current	1,719,473	1,673,714
Accrued Liabilities And Other Liabilities	904,789	845,803
Interest and Dividends Payable, Current	151,358	135,040
Deferred Revenue and Credits, Current	175,000	175,000
Notes Payable Related Parties Current	847,780	784,725
Notes Payable Stockholders	1,108,000	1,108,000
Loans Payable and Capital Leases, Current Portion Net of Discount	127,210	101,946
Liabilities, Current	5,033,610	4,824,228
Capital Lease Obligations, Noncurrent	18,014	18,639
Liabilities, Noncurrent	18,014	18,639
Liabilities	5,051,624	4,842,867
Common Stock, Value, Issued	29,031	29,031
AdditionalPaidInCapital	64,020,058	64,020,058
CommonStockSharesSubscriptions	5,000	5,000
Retained Earnings (Accumulated Deficit)	-68,400,553	-68,173,053
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	-4,346,464	-4,118,964
Liabilities and Equity	$705,160	$723,903

Statement_of_Financial_Positio1

Statement of Financial Position - Parenthetical (USD $)	Mar. 31, 2015	Dec. 31, 2014
Balance Sheets
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares Issued	29,030,914	25,360,914
Common Stock, Shares Outstanding	29,030,914	25,360,914

Statement_of_Income

Statement of Income (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Income Statement
Tipping Fee Revenue	$98,639	$87,230
Processed tire revenue	31,165	115,610
Pilot project revenue		51,500
Revenues	129,804	254,340
Tire Operations	150,670	158,613
WTE Operations		39,364
EnvironmentalRemediationExpense	24,136	-59,087
Cost of Revenue	174,806	138,890
Gross Profit	-45,002	115,450
DepreciationAndAmortization	1,122	2,354
Selling, General and Administrative Expense	71,061	76,370
Operating Expenses	72,183	78,724
Operating Income (Loss)	-117,185	36,726
Interest Expense	110,315	93,975
Interest and Debt Expense	110,315	93,975
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	-227,500	-57,249
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	-227,500	-57,249
Net Income (Loss) Attributable to Parent	($227,500)	($57,249)
Earnings Per Share, Basic	($0.01)	$0
Weighted Average Number of Shares Outstanding, Basic	29,030,914	25,977,581
Earnings Per Share, Diluted	($0.01)	$0
Weighted Average Number of Shares Outstanding, Diluted	29,030,914	25,977,581

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Net Cash Provided by (Used in) Operating Activities
Net Income (Loss) Attributable to Parent	($227,500)	($57,249)
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities
Depreciation	27,567	28,773
Operating expenses incurred by note holder	25,554
StockIssuedDuringPeriodValueIssuedForServices		28,500
EnvironmentalRemediationExpense	24,136	-59,087
Increase (Decrease) in Receivables	23,872	-936
Increase (Decrease) in Prepaid Expense and Other Assets	-4,010
Advance to Supplier	14,301
IncreaseDecreaseInDeferredRevenue	-19,619	13,977
Increase (Decrease) in Accounts Payable and Accrued Liabilities	96,928	97,342
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities	188,729	108,569
Net Cash Provided by (Used in) Operating Activities	-38,771	51,320
Net Cash Provided by (Used in) Investing Activities
Purchase of Fixed Assets	-9,272
Net Cash Provided by (Used in) Investing Activities	-9,272
Net Cash Provided by (Used in) Financing Activities
Proceeds from (Repayments of) Related Party Debt	37,500	-26,616
Proceeds from Long-term Capital Lease Obligations	24,640	-4,752
Net Cash Provided by (Used in) Financing Activities	62,140	-31,368
Cash and Cash Equivalents, Period Increase (Decrease)	14,097	19,952
Cash and Cash Equivalents, at Carrying Value	10,748	7,248
Cash and Cash Equivalents, at Carrying Value	$24,845	$27,200

1_Significant_Accounting_Polic

1. Significant Accounting Policies and Nature of Operations	3 Months Ended
	Mar. 31, 2015
Notes
1. Significant Accounting Policies and Nature of Operations	1. Significant Accounting Policies and Nature of Operations
	Unaudited Interim Financial Statements
	The accompanying unaudited interim financial statements, which include the wholly-owned subsidiaries of Vista International Technologies, Inc. (the “Company”, “we”, “our”), have been prepared by the Company in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission. The financial information has not been audited and should not be relied upon to the same extent as audited financial statements. Certain information and footnote disclosures normally included in audited financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. Accordingly, these unaudited interim financial statements should be read in conjunction with the Company’s financial statements and related notes contained in the Form 10-K for the year ended December 31, 2014. In the opinion of management, the unaudited interim financial statements reflect all adjustments, including normal recurring adjustments, necessary for fair presentation of the interim periods presented. The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results of operations to be expected for the full year.
	Description of Business
	The Company is in the business of developing, commercializing and operating renewable energy and waste-to-energy (“WTE”) technologies and projects.
	The Company is currently conducting its business in the following areas:
		Tire processing operation in Hutchins, Texas – This facility is under a contract of sale, which is expected to close in the second quarter of 2015
		Renewable energy and WTE projects utilizing the Company’s Thermal Gasifier technology and corporate administration at the Company’s offices in Commerce City, Colorado.
	Discrete financial information is not presently maintained for our WTE business as it has generated limited revenues.  In addition, management makes investing and resource allocation decisions based on the combined results of both the processing and WTE business.  Accordingly, we only have one reportable segment
	Going Concern and Management’s Plan
	The Company reported a net loss of approximately $227,500 and net cash used in operating activities of approximately $38,800 for the three months ended March 31, 2015, has a working capital deficiency of approximately $5.0 million and an accumulated deficit of approximately $68.4 million at March 31, 2015.  These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The accompanying unaudited condensed consolidated financial statements do not include any adjustments related to the recovery of the recorded assets or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
	Our continuation as a going concern is dependent upon our ability to generate sufficient cash flow from operations or to obtain equity investment or additional financing to meet obligations on a timely basis and ultimately achieve profitable operations.
	During the three months ended March 31, 2015, the Company received roughly $63,000 in loans from a related party, and it is expected that the Company will have to rely on loans, including those from related parties and issuances of shares in private placements to meet its working capital needs for the foreseeable future.
	Management plans to focus the Company’s resources in four key areas:
	Thermal Gasifier engineering design and deployment
	Maximizing value from the sale of the Hutchins, Texas tire processing and storage facility.
	Development of project based opportunities, and
	·         Attracting strategic investment
	Management considers the Thermal Gasifier and waste-to-energy segment to be our core business. However, significant focus had also been placed on the improvement of the tire processing operation at our Hutchins, TX facility to increase production and reduce operating costs, and expand sales to increase revenue and cash flow.  To maximize the increased value of the facility due to improved operations, the company recently agreed to a sale of the facility for $3,000,000.
	We continue to develop our internal resources and implement business development activities to secure waste-to-energy and biomass-to-energy facility opportunities that will utilize our Thermal Gasifier technology through build-own-operate agreements or through joint-venture relationships with strategic partners. We are looking to partner with companies that produce large hydrocarbon-based waste streams and are also in need of thermal and/or electrical energy. We are targeting opportunities where there are high disposal fees and energy rates, where we can use the Thermal Gasifier with back end power systems to provide significant cost savings to the end user.  We are reviewing the economic viability of a number of opportunities in the northeastern United States and in Colorado and are currently working towards obtaining letters of intent from these entities.    We currently have a pilot project being constructed in the northeastern US to showcase the technology and obtain emissions testing data from our current generation of units. Currently, the Company does not have any Thermal Gasifiers in operation.
	Management believes that current revenue levels will not be sufficient to meet our operational needs and execute the Company’s complete business plan. The Company is seeking additional funding for the activities described above. The Company is exploring various financing opportunities but does not have any commitments in place at the present time.
	Future funding may be through an equity investment, debt or convertible debt. Current market conditions present uncertainty as to the Company’s ability to secure additional funds, as well as its ability to reach full profitability. There can be no assurance that the Company will be able to secure additional financing, or obtain favorable terms on such financing if it is available.  Continued negative cash flow and lack of liquidity create significant uncertainty about the Company’s ability to fully implement its operating plan, and may result in the Company reducing the scope of its planned operations, scaling back or discontinuing its technology and project development programs, or obtain funds, if available, through strategic alliances that may require the Company to relinquish rights to certain of its technologies or products or to discontinue its operations entirely.
	Revenue Recognition
	We recognize revenue from our tire fuel processing and storage facility in three ways:
			Disposal fees (“tipping fees”) for waste tires are fully earned when accepted at the facility
			Tire Derived Fuel and other processed tire revenues are fully earned when the product is accepted at the purchaser’s facility.
			Sales of unprocessed whole tires are recognized when delivered to the end user
	Revenue from sales of our Thermal Gasifier will be recognized upon completion, delivery and customer acceptance, using the completed contract method of accounting.   Revenues from other Waste-to-Energy related products or services provided for projects will be recognized when the products are delivered to the end customer, or when services are completed.
	During the quarter ended March 31, 2013 the Company began construction of a pilot waste-to-energy project in the northeastern US.  The project is being funded entirely by an outside party.  The Company is receiving payments in advance of services being performed and finished products being delivered to the project site.  As such, these advance payments are being accounted for as deferred revenue in the Company’s financial statements.  When products are purchased or services performed, these transactions will be recorded as deferred expenses in the Company’s financial statements.  For the quarter ended March 31, 2015, the company recorded no deferred revenue and $19,600 in deferred expenses for this project.
	Concentration of Credit Risk
	Our three largest customers comprised approximately 12%, 11% and 11% of revenues for the three months ended March 31, 2015.  Our two largest customers comprised approximately 35% and 20% of revenues for the three months ended March 31, 2014.
	Use of Estimates
	U.S. generally accepted accounting principles require us to make certain estimates, judgments and assumptions that we believe are reasonable, based on information available at the time they were made.  These estimates, judgments and assumptions can affect the amounts reported in our unaudited condensed consolidated financial statements.
	Recent Accounting Pronouncements
	In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments are effective for financial statements issued for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The amendments are to be applied on a retrospective basis, wherein the balance sheet of each individual period presented is adjusted to reflect the period-specific effects of applying the new guidance. We do not expect the adoption of ASU 2015-03 to have a material effect on our financial position, results of operations or cash flows.
	In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). The ASU focuses on the consolidation evaluation for reporting organizations that are required to evaluate whether they should consolidate certain legal entities. In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification and improves current U.S. GAAP by placing more emphasis on risk of loss when determining a controlling financial interest, reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (“VIE”), and changing consolidation conclusions for companies in several industries that typically make use of limited partnerships or VIEs. The ASU will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. We do not expect the adoption of ASU 2015-02 to have a material effect on our financial position, results of operations or cash flows.
	In January 2015, the FASB issued ASU No. 2015-01, “Income Statement - Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” This ASU eliminates from U.S. GAAP the concept of extraordinary items. ASU 2015-01 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. We do not expect the adoption of ASU 2015-01 to have a material effect on our financial position, results of operations or cash flows.
	In November 2014, the FASB issued ASU No. 2014-17, “Business Combinations (Topic 805): Pushdown Accounting.” This ASU provides an acquired entity with an option to apply pushdown accounting in its separate financial statements upon occurrence of an event in which an acquirer obtains control of the acquired entity. An acquired entity may elect the option to apply pushdown accounting in the reporting period in which the change-in-control event occurs. If pushdown accounting is applied to an individual change-in-control event, that election is irrevocable. ASU 2014-17 was effective on November 18, 2014. The adoption of ASU 2014-17 did not have any effect on our financial position, results of operations or cash flows.
	In November 2014, the FASB issued ASU 2014-16, “Derivatives and Hedging (Topic 815).” ASU 2014-16 addresses whether the host contract in a hybrid financial instrument issued in the form of a share should be accounted for as debt or equity. ASU 2014-16 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. We do not currently have issued, nor are we investors in, hybrid financial instruments. Accordingly, we do not expect the adoption of ASU 2014-16 to have any effect on our financial position, results of operations or cash flows.
	In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements - Going Concern (Subtopic 205-40)". ASU 2014-15 provides guidance related to management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosure. ASU 2014-15 is effective for annual periods ending after December 15, 2016, and for interim and annual periods thereafter. Early application is permitted. We do not expect the adoption of ASU 2014-15 to have a material effect on our financial position, results of operations or cash flows.
	In June 2014, the FASB issued ASU No. 2014-12, “Compensation – Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.” This ASU requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. We do not expect the adoption of ASU 2014-12 to have a material effect on our financial position, results of operations or cash flows.
	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). ASU 2014-09 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. We are still evaluating the effect of the adoption of ASU 2014-09. On April 1, 2015, the FASB voted to propose to defer the effective date of the new revenue recognition standard by one year.
	In April 2014, the FASB issued ASU No. 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) and Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." ASU 2014-08 amends the definition for what types of asset disposals are to be considered discontinued operations, as well as amending the required disclosures for discontinued operations and assets held for sale. ASU 2014-08 is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2014. The adoption of ASU 2014-08 did not have any effect on our financial position, results of operations or cash flows.
	Recent accounting pronouncements issued by the FASB and the SEC did not or are not believed by management to have a material impact on the Company's present or future unaudited condensed consolidated financial statements.
	Reclassifications
	Certain reclassifications to the 2014 statements of operations and cash flows have been made in order to conform it to the 2015 presentation.

2_Notes_Payable_and_Capital_Le

2. Notes Payable and Capital Lease	3 Months Ended
	Mar. 31, 2015
Notes
2. Notes Payable and Capital Lease	2. Notes Payable and Capital Lease
	At March 31, 2015 and December 31, 2014, the Company had the following promissory notes outstanding:
		31-Mar-15	31-Dec-14
	12% Line of credit payable, secured by assets of the Company, due on demand after June 30, 2013	77,241	77,241
	12% Line of credit payable, secured by assets of the Company, due on demand after June 30, 2013	5,000	5,000
	13.7%  instalment note, secured by property, due January 18, 2023	18,014	18,593
	15% promissory note payable to individual, due on demand, in default	17,000	17,000
	29.49% Dell business credit note for purchase of computer	2,472	2,830
	26% unsecured note, due September 27, 2015	10,500	-
	29.99% line of credit, due September 30, 2015	15,000	-
	Total notes payable, capital lease and convertible note payable	145,227	121,376
	Less: current maturities	(127,213)	(102,071)
	Notes payable and capital lease – Long-term	$         18,014	$           18,593
	Maturities of notes payable and capital lease at March 31, 2015 are as follows:
	Year ending March 31,
	2015	$                                          127,213
	2016 and Beyond	18,014
		$                                          145,227
	Issuance of Lines of Credit
	On April 18, 2012 the company was issued a line of credit for $5,000 at a rate of 12% interest, secured by the assets of the company.  Interest on the Line began to accrue from July 1, 2012, with the balance being due on demand anytime after June 30, 2013. The Company drew $5,000 against this line of credit as of March 31, 2015.
	On April 26, 2012 the company was issued a line of credit for $80,000 at a rate of 12% interest, secured by the assets of the company.  Interest on the Line began to accrue on July 1, 2012, with the balance being due on demand anytime after June 30, 2013.  The Company drew $77,214 against this line of credit as of March 31, 2015.
	On March 27, 2015 the company was issued an unsecured line of credit for $15,000 at a rate of 29.99%.  The line will be repaid in 26 equal weekly payments, with the final payment being due September 30, 2015.
	Issuance of Unsecured Loans
	On March 27, 2015 the company entered into an unsecured short term loan for $10,500 at a rate of 26%.  The loan will be repaid in monthly installments over the following six months, with the final payment due on September 27, 2015.

3_Related_Party_Transactions

3. Related Party Transactions	3 Months Ended
	Mar. 31, 2015
Notes
3. Related Party Transactions	3. Related Party Transactions
	At March 31, 2015 and December 31, 2014 notes payable - stockholder and notes payable – related parties consisted of the following:
		March 31 2015	31-Dec-14
	9% Promissory note payable Richard Strain – stockholder, due June 30, 2013, secured by a first priority security interest in Company assets- in default	$    1,108,000	$   1,108,000
	Notes payable- stockholder	$    1,108,000	$   1,108,000
	8% promissory notes payable - Timothy Ruddy, due on demand, secured by all of the Company’s assets, security interest is subordinated to the loans extended by Mr. Strain	$       797,780	$      734,725
	10% promissory notes payable to Timothy Ruddy family member, cash interest of 10%	5,000	5,000
	12% promissory notes payable to Timothy Ruddy family members, cash interest of 10% and Company stock of 2%, secured by all of the Company’s assets, security interest is subordinated to the loans extended by Mr. Strain, interest due quarterly-default waived	45,000	45,000
	Notes payable-related parties	$       847,780	$      784,725
	Notes payable – stockholders
	On March 29, 2013, the Company consolidated all of Mr. Strain’s debt into a single consolidated $1,108,000 note and mortgage with interest rate of 9% per annum and subsequently on April 5, 2013 this was acknowledge by Mr. Strain and loaned $15,000 as additional funds to the Company. This loan is secured by all assets of the Company and  matured on June 30, 2013.  At the time of execution of this note, all of the outstanding interest owed to Mr. Strain was converted to common stock. This conversion resulted in the issuance of 2,229,407 shares to Mr. Strain. $222,941 accrued interest was converted at $0.10 per share. The Company recorded a gain of $3,930 on consolidation into one single note of $1,108,000. As of March 31, 2015, this note is currently in default, and the Company is working with the shareholder to extend the note.
	On June 29, 2013 accrued interest of $16,620 due to the shareholder on the consolidated note he has extended to the Company was converted to stock. The Company issued 154,538 shares of common stock to the shareholder in exchange for conversion of the accrued interest. The Company recorded gain of $5,030 on conversion of this accrued interest
	All other debt of the Company is substantially subordinated to Mr. Strain.
	As of March 31, 2015 and December 31, 2014, accrued interest outstanding on the loans was approximately $357,300 and $307,500, respectively.
	Interest expense on the loans for the three months ended March 31, 2015 and 2014 was approximately $49,900 and $49,900, respectively.
	Notes payable – related parties
	On August 3, 2009, the Company entered into a loan agreement with Mr. Timothy D. Ruddy, a Director of the Company.
	The agreement formalized the terms related to working capital funding provided by Mr. Ruddy beginning in the fourth quarter of 2008.  Mr. Ruddy has the option, at his discretion, to receive payment as follows:
	(a)  repayment of principal and interest;
	(b)  conversion of outstanding amount without accrual of interest into the Company’s common stock based on the quoted market price of the stock at the dates loans were made; or
	(c)  any combination of cash and stock as described in (a) and (b).
	In December 2010, Mr. Ruddy provided $150,000 of personal assets as collateral for a letter of credit utilized for part of the Company’s required financial assurance to the Texas Commission of Environmental Quality (“TCEQ”).  This letter was called by the TCEQ in December 2011.  Subsequently, Mr. Ruddy provided $75,000 in additional funding to partially cover the amount due by the bank which held the letter of credit, and the Company and Mr. Ruddy jointly executed an unsecured loan for the remaining $75,000. This unsecured loan was paid off by Mr. Ruddy in May of 2012.
	Effective March 1, 2013, Mr. Ruddy converted all outstanding interest on the loan to the common stock of the company at a rate equal to the average closing price of the company’s common stock over the ten days prior to the signing of the agreement .  The conversion resulted in the issuance of 3,054,541 shares to Mr Ruddy. Accrued interest of $137,149 was converted @$0.0449 per share as per conversion agreement with Mr. Ruddy.  However the market rate was $0.10 at the time of the board meeting approving the agreement and issuance, hence the difference of $168,305 was credited to additional paid in capital as a loss on settlement of liability.
	As of March 31, 2015 and December 31, 2014, accrued interest outstanding on the loan with Mr. Ruddy was approximately $123,700 and $108,800, respectively.
	Interest expense on the loans for the three months ended March 31, 2015 and 2014 was approximately $14,900 and $14,900, respectively.
	Notes payable – related party family
	10%-12% promissory note payable to Timothy Ruddy family member has an outstanding balance of $50,000 as of March 31, 2015.
	As of March 31, 2015, no interest payments have been made on these notes. Default has been waived.
	As of March 31, 2015 and December 31, 2014 accrued interest on the loan was approximately $27,700 and $26,200, respectively.
	Interest expense on the loans for the three months ended March 31, 2015 and 2014 was approximately $1,500.
	Settlement Payments
	The Company was named in a suit in the Colorado District Court for the 18th District (Arapahoe County) by a former employee alleging that the Company did not meet its obligation to issue shares to the employee.  On July 12, 2011 the Court granted a motion to enforce a settlement dated September 16, 2010. In accordance with the terms of a court order, the Company was obligated to make payments totaling approximately $104,700, including 6% interest, to a former employee.  An initial payment of $15,455 was made in July 2011 and monthly payments of $3,000, including interest were due through December 2013.  During the second quarter of 2013, the Company renegotiated the settlement to allow for a single lump sum payment of $26,500 as a final payment to settle the matter.  Through June 30, 2013, $71,844 had been paid toward the settlement, and the Company recorded a gain on settlement of liability of $32,856 in the second quarter of 2013.

4_Accounts_Payable_and_Accrued

4. Accounts Payable and Accrued Expenses.	3 Months Ended
	Mar. 31, 2015
Notes
4. Accounts Payable and Accrued Expenses.	4. Accounts Payable and Accrued Expenses.
	Accounts payable and accrued expenses at March 31, 2015 and December 31, 2014 consisted of the following:
		31-Mar-15	31-Dec-14
	Accounts payable	$                   789,623	$                762,922
	Accrued liabilities	456,937	444,776
	Accrued Federal and State tax liabilities	472,913	466,016
	Accrued compensation and payroll liabilities	509,953	502,859
	Accrued interest- other	37,502	35,473
	Accrued interest-related party	151,358	135,040
	Accrued interest- stockholder	357,333	307,470
	Total	$                2,775,619	$             2,654,556
	The Company disputes the amount of $482,209 of accrued compensation due to prior officer compensation which is  included in the Accrued compensation and payroll liabilities of $509,953 and $502,859 as of March 31, 2015 and  December 31, 2014 respectively.  It is the position of the Company that the officers in question had no formal contracts in place, and further, were negligent in their fiduciary responsibility to the company, causing additional problems with creditors and the Internal Revenue Service.
	The Company has accrued liabilities related to environmental remediation expense at the Hutchins tire facility of $204,468 and $180,333 for the three monthsended March 31, 2015, and the fiscal year ended December 31, 2014 respectively.  The Company believes that as tire derived fuel (TDF) operations continue, this amount will decrease as tires on site will be shredded and sold as TDF.
	The Company has accrued liabilities of $472,912 as of March 31, 2015 and $466,016as of December 31, 2014 related to amounts accrued to state and federal revenue agencies, due to unfiled tax returns relating to the sale of company assets in 2005 and 2006.  During that timeframe the company sold a helium plant and some related assets, but did not correctly file tax returns.  Certain tax returns were subsequently filed, and the subsidiary that owned the assets was dissolved in 2009. The company has not been approached by any taxing authority regarding these amounts.
	The Company plans to use revenues from its tire derived fuel operations to begin to pay down these expenses, but significant repayment of such  will more than likely not  occur until  one of the following occurs:
	·         Sale of the Hutchins tire facility
	·         Full scale deployment of multiple projects in the Waste to Energy division.

5_Property_and_Equipment

5. Property and Equipment	3 Months Ended
	Mar. 31, 2015
Notes
5. Property and Equipment	5. Property and Equipment
	Following is a summary of property and equipment at March 31, 2015 and December 31, 2014:
		31-Mar-15	31-Dec-14
	Machinery and equipment	$                 816,304	$                807,033
	Buildings	95,578	95,578
	Vehicles	18,985	18,985
	Land	51,085	51,085
	Furniture, fixtures and equipment	62,322	62,322
	Land Improvements	232,269	232,269
	Totals	1,276,543	1,267,272
	Less accumulated depreciation	(957,220)	(930,638)
	Property and equipment, net	$                 319,323	$                336,634
	Depreciation expense was $26, 583 for the three months ended March 31, 2015 and $27,789 for the three months ended March 31, 2014.

6_Intangible_Assets

6. Intangible Assets	3 Months Ended
	Mar. 31, 2015
Notes
6. Intangible Assets	6. Intangible Assets
	The Company owns one U.S. patent and one European patent and has two pending U.S. patent applications and one pending European patent application which cover its Thermal Gasifier technology.  These patents and patent applications are for utility patents directed to devices and methods of uses. The US patent expires on August 21, 2018.  The European patent was granted January 5, 2011 expires in August 2019.
	At March 31, 2015 and December 31, 2014 intangible assets are as follows:
		31-Mar-15		31-Dec-14
	Patents	$                         63,720		$                         63,720
	Less accumulated amortization	(48,745)		(47,761)
	Intangible assets, net	$                         14,975		$                         15,959
	Amortization expense for each of the three months ended March 31, 2015 and 2014 was $984 and $984 respectively.
	Estimated Future Amortization Expense as of March 31, 2015:
	Years Ended December 31,		Amount
	2015		$                            2,952
	2016		3,936
	2017		3,936
	2018		2,541
	There after		1,610
	Total		$                          14,975

7_Stockholders_Equity

7. Stockholders' Equity	3 Months Ended
	Mar. 31, 2015
Notes
7. Stockholders' Equity	7. Stockholders’ Equity
	Preferred Stock
	The Company has 10,000,000 shares of preferred stock, $0.001 par value, authorized for issuance. Our board of directors is vested with the authority to provide for the issuance of and terms of the preferred shares. No preferred shares have been issued and no terms have been provided at March 31, 2015 and December 31, 2014.
	Common Stock
	The Company has 200,000,000 shares of common stock, $0.001 par value, authorized for issuance. As of March 31, 2015 and December 31, 2014, there were 29,030,914 and 29,030,914 respectively shares of common stock issued and outstanding.

8_Commitments_and_Contingencie

8. Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Notes
8. Commitments and Contingencies	8. Commitments and Contingencies
	Litigation and Claims
	Settlement Payments
	The Company was named in a suit in the Colorado District Court for the 18th District (Arapahoe County) by a former employee alleging that the Company did not meet its obligation to issue shares to the employee.  On July 12, 2011 the Court granted a motion to enforce a settlement dated September 16, 2010. In accordance with the terms of a court order, the Company was obligated to make payments totaling approximately $104,700, including 6% interest, to a former employee.  An initial payment of $15,455 was made in July 2011 and monthly payments of $3,000, including interest were due through December 2013.  During the second quarter of 2013, the Company renegotiated the settlement to allow for a single lump sum payment of $26,500 as a final payment to settle the matter.  Through June 30, 2013, $71,844 had been paid toward the settlement, and the Company recorded a gain on settlement of liability of $32,856 in the second quarter of 2013.
	Encumbrances on Company Assets
	The following encumbrances exist on the Company’s assets as of March 31, 2015:
	Mechanic’s lien filed by a contractor for approximately $86,000 for services provided October, 2007 through April, 2008.  Lien expired in August 2011 under statute of limitations for such liens in Texas. The liability for this judgment is still included in accounts payable and accrued liabilities in the consolidated balance sheets
	Environmental Liability
	Our tire operations in Texas are subject to regulation by the TCEQ.  At March 31, 2015, the Company had approximately  7,560 tons of whole tires, partially shredded tires, tire chips and process waste stored onsite at the tire processing and storage facility. Through January 2011, we were able to dispose of this material at a municipal landfill site with minimal disposal and transportation costs. In February, 2011, the landfill transitioned to a project-based system where tire shreds are requested as needed, and the Company is now required to pay transportation and disposal costs in order to reduce its tire shred inventory. Consequently, the Company has since installed a tire derived fuel (TDF) line to create additional revenue from disposal of the tires and has been selling TDF since February 2012.    Based on these new circumstances, the Company has estimated a disposal cost of approximately $204,500 at March 31, 2015.  This amount has been included in accounts payable and accrued liabilities in the accompanying unaudited condensed consolidated balance sheets, and reflects an increase of approximately $24,100 compared to December 31, 2014.  This amount has been recorded as environmental remediation expense in the accompanying unaudited condensed consolidated statements of operations.
	The Company’s registration with the TCEQ requires the Company to provide financial assurance (approximately $170,000 at March 31, 2015) for remediation in the event the Company liquidates and the facility closes.     The Company currently has $170,000 on deposit with the TCEQ, Consisting of $20,000 in cash provided by the Company, and $150,000 in cash provided by Mr. Ruddy, The Company has no other asset retirement obligations.

9_Disposal_Groups_and_Noncurre

9. Disposal Groups and Non-current Assets Held For Sale	3 Months Ended
	Mar. 31, 2015
Notes
9. Disposal Groups and Non-current Assets Held For Sale	9. Disposal Groups and Non-current Assets Held for Sale
	In the first quarter of 2015, Vista management committed to a disposal plan for its Hutchins Tire Processing Facility.  This disposal plan involved the sale of the land, the tire processing business and associated business assets at a price based on recent sales of industrial land in the area, and an analysis of the current business operations of the facility.
	Prior to the implementation of this plan, the Company had been evaluating a number of other options for the facility, including a sale leaseback transaction, a sale of the tire processing business by itself, and a conversion of the facility to a Waste-to-Energy facility by way of debt financing or equity investment into the Company.
	On March 16, 2015, the Company entered into a Purchase and Sale Agreement with Phoenix Renewable Technologies, Inc. (PRTI)pursuant to which Vista will sell the 26.9 acre industrial site, the tire processing business, and all associated business assets to PRTI for $3,000,000 in cash.
	The sale is subject to various closing conditions and deliveries, including deposit of earnest money, PRTI’s review of the physical and environmental condition of the property, and satisfactory completion of customary due diligence. The sale is expected to close prior to June 30, 2015
	With respect to this transaction, the following assets and liabilities were reclassified from “held and used” to “held for sale” during the Company’s fiscal first quarter ending March 31, 2015:
		31-Mar-15	31-Dec-14
	Assets
	Advance to Supplier	$                         4,397	$               18,698-
	Environmental Deposit	170,000	170,000
	Property and Equipment, Net	316,640	333,813
	Total Assets	491,037	522,511
	Liabilities
	Environmental Remediation Liability	204,468	180,333
	Total Liabilities	204,468	180,333
	Net Assets	$                     286,569	$               342,178

10_Subsequent_Events

10. Subsequent Events	3 Months Ended
	Mar. 31, 2015
Notes
10. Subsequent Events	10. Subsequent Events
	Management evaluated all activities of the Company through the issuance date of the Company’s unaudited condensed consolidated financial statements and concluded that no subsequent events have occurred that would require adjustments or disclosures into the unaudited condensed consolidated financial statements.

1_Significant_Accounting_Polic1

1. Significant Accounting Policies and Nature of Operations: Unaudited Interim Financial Statements (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Unaudited Interim Financial Statements	Unaudited Interim Financial Statements
	The accompanying unaudited interim financial statements, which include the wholly-owned subsidiaries of Vista International Technologies, Inc. (the “Company”, “we”, “our”), have been prepared by the Company in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission. The financial information has not been audited and should not be relied upon to the same extent as audited financial statements. Certain information and footnote disclosures normally included in audited financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. Accordingly, these unaudited interim financial statements should be read in conjunction with the Company’s financial statements and related notes contained in the Form 10-K for the year ended December 31, 2014. In the opinion of management, the unaudited interim financial statements reflect all adjustments, including normal recurring adjustments, necessary for fair presentation of the interim periods presented. The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results of operations to be expected for the full year.

1_Significant_Accounting_Polic2

1. Significant Accounting Policies and Nature of Operations: Description of Business (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Description of Business	Description of Business
	The Company is in the business of developing, commercializing and operating renewable energy and waste-to-energy (“WTE”) technologies and projects.
	The Company is currently conducting its business in the following areas:
		Tire processing operation in Hutchins, Texas – This facility is under a contract of sale, which is expected to close in the second quarter of 2015
		Renewable energy and WTE projects utilizing the Company’s Thermal Gasifier technology and corporate administration at the Company’s offices in Commerce City, Colorado.
	Discrete financial information is not presently maintained for our WTE business as it has generated limited revenues.  In addition, management makes investing and resource allocation decisions based on the combined results of both the processing and WTE business.  Accordingly, we only have one reportable segment

1_Significant_Accounting_Polic3

1. Significant Accounting Policies and Nature of Operations: Going Concern and Management's Plan (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Going Concern and Management's Plan	Going Concern and Management’s Plan
	The Company reported a net loss of approximately $227,500 and net cash used in operating activities of approximately $38,800 for the three months ended March 31, 2015, has a working capital deficiency of approximately $5.0 million and an accumulated deficit of approximately $68.4 million at March 31, 2015.  These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The accompanying unaudited condensed consolidated financial statements do not include any adjustments related to the recovery of the recorded assets or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
	Our continuation as a going concern is dependent upon our ability to generate sufficient cash flow from operations or to obtain equity investment or additional financing to meet obligations on a timely basis and ultimately achieve profitable operations.
	During the three months ended March 31, 2015, the Company received roughly $63,000 in loans from a related party, and it is expected that the Company will have to rely on loans, including those from related parties and issuances of shares in private placements to meet its working capital needs for the foreseeable future.
	Management plans to focus the Company’s resources in four key areas:
	Thermal Gasifier engineering design and deployment
	Maximizing value from the sale of the Hutchins, Texas tire processing and storage facility.
	Development of project based opportunities, and
	·         Attracting strategic investment
	Management considers the Thermal Gasifier and waste-to-energy segment to be our core business. However, significant focus had also been placed on the improvement of the tire processing operation at our Hutchins, TX facility to increase production and reduce operating costs, and expand sales to increase revenue and cash flow.  To maximize the increased value of the facility due to improved operations, the company recently agreed to a sale of the facility for $3,000,000.
	We continue to develop our internal resources and implement business development activities to secure waste-to-energy and biomass-to-energy facility opportunities that will utilize our Thermal Gasifier technology through build-own-operate agreements or through joint-venture relationships with strategic partners. We are looking to partner with companies that produce large hydrocarbon-based waste streams and are also in need of thermal and/or electrical energy. We are targeting opportunities where there are high disposal fees and energy rates, where we can use the Thermal Gasifier with back end power systems to provide significant cost savings to the end user.  We are reviewing the economic viability of a number of opportunities in the northeastern United States and in Colorado and are currently working towards obtaining letters of intent from these entities.    We currently have a pilot project being constructed in the northeastern US to showcase the technology and obtain emissions testing data from our current generation of units. Currently, the Company does not have any Thermal Gasifiers in operation.
	Management believes that current revenue levels will not be sufficient to meet our operational needs and execute the Company’s complete business plan. The Company is seeking additional funding for the activities described above. The Company is exploring various financing opportunities but does not have any commitments in place at the present time.
	Future funding may be through an equity investment, debt or convertible debt. Current market conditions present uncertainty as to the Company’s ability to secure additional funds, as well as its ability to reach full profitability. There can be no assurance that the Company will be able to secure additional financing, or obtain favorable terms on such financing if it is available.  Continued negative cash flow and lack of liquidity create significant uncertainty about the Company’s ability to fully implement its operating plan, and may result in the Company reducing the scope of its planned operations, scaling back or discontinuing its technology and project development programs, or obtain funds, if available, through strategic alliances that may require the Company to relinquish rights to certain of its technologies or products or to discontinue its operations entirely.

1_Significant_Accounting_Polic4

1. Significant Accounting Policies and Nature of Operations: Revenue Recognition (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Revenue Recognition	Revenue Recognition
	We recognize revenue from our tire fuel processing and storage facility in three ways:
		Disposal fees (“tipping fees”) for waste tires are fully earned when accepted at the facility
		Tire Derived Fuel and other processed tire revenues are fully earned when the product is accepted at the purchaser’s facility.
		Sales of unprocessed whole tires are recognized when delivered to the end user
	Revenue from sales of our Thermal Gasifier will be recognized upon completion, delivery and customer acceptance, using the completed contract method of accounting.   Revenues from other Waste-to-Energy related products or services provided for projects will be recognized when the products are delivered to the end customer, or when services are completed.
	During the quarter ended March 31, 2013 the Company began construction of a pilot waste-to-energy project in the northeastern US.  The project is being funded entirely by an outside party.  The Company is receiving payments in advance of services being performed and finished products being delivered to the project site.  As such, these advance payments are being accounted for as deferred revenue in the Company’s financial statements.  When products are purchased or services performed, these transactions will be recorded as deferred expenses in the Company’s financial statements.  For the quarter ended March 31, 2015, the company recorded no deferred revenue and $19,600 in deferred expenses for this project.

1_Significant_Accounting_Polic5

1. Significant Accounting Policies and Nature of Operations: Concentration of Credit Risk (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Concentration of Credit Risk	Concentration of Credit Risk
	Our three largest customers comprised approximately 12%, 11% and 11% of revenues for the three months ended March 31, 2015.  Our two largest customers comprised approximately 35% and 20% of revenues for the three months ended March 31, 2014.

1_Significant_Accounting_Polic6

1. Significant Accounting Policies and Nature of Operations: Use of Estimates (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Use of Estimates	Use of Estimates
	U.S. generally accepted accounting principles require us to make certain estimates, judgments and assumptions that we believe are reasonable, based on information available at the time they were made.  These estimates, judgments and assumptions can affect the amounts reported in our unaudited condensed consolidated financial statements.

1_Significant_Accounting_Polic7

1. Significant Accounting Policies and Nature of Operations: Recent Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments are effective for financial statements issued for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The amendments are to be applied on a retrospective basis, wherein the balance sheet of each individual period presented is adjusted to reflect the period-specific effects of applying the new guidance. We do not expect the adoption of ASU 2015-03 to have a material effect on our financial position, results of operations or cash flows.
	In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). The ASU focuses on the consolidation evaluation for reporting organizations that are required to evaluate whether they should consolidate certain legal entities. In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification and improves current U.S. GAAP by placing more emphasis on risk of loss when determining a controlling financial interest, reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (“VIE”), and changing consolidation conclusions for companies in several industries that typically make use of limited partnerships or VIEs. The ASU will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. We do not expect the adoption of ASU 2015-02 to have a material effect on our financial position, results of operations or cash flows.
	In January 2015, the FASB issued ASU No. 2015-01, “Income Statement - Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” This ASU eliminates from U.S. GAAP the concept of extraordinary items. ASU 2015-01 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. We do not expect the adoption of ASU 2015-01 to have a material effect on our financial position, results of operations or cash flows.
	In November 2014, the FASB issued ASU No. 2014-17, “Business Combinations (Topic 805): Pushdown Accounting.” This ASU provides an acquired entity with an option to apply pushdown accounting in its separate financial statements upon occurrence of an event in which an acquirer obtains control of the acquired entity. An acquired entity may elect the option to apply pushdown accounting in the reporting period in which the change-in-control event occurs. If pushdown accounting is applied to an individual change-in-control event, that election is irrevocable. ASU 2014-17 was effective on November 18, 2014. The adoption of ASU 2014-17 did not have any effect on our financial position, results of operations or cash flows.
	In November 2014, the FASB issued ASU 2014-16, “Derivatives and Hedging (Topic 815).” ASU 2014-16 addresses whether the host contract in a hybrid financial instrument issued in the form of a share should be accounted for as debt or equity. ASU 2014-16 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. We do not currently have issued, nor are we investors in, hybrid financial instruments. Accordingly, we do not expect the adoption of ASU 2014-16 to have any effect on our financial position, results of operations or cash flows.
	In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements - Going Concern (Subtopic 205-40)". ASU 2014-15 provides guidance related to management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosure. ASU 2014-15 is effective for annual periods ending after December 15, 2016, and for interim and annual periods thereafter. Early application is permitted. We do not expect the adoption of ASU 2014-15 to have a material effect on our financial position, results of operations or cash flows.
	In June 2014, the FASB issued ASU No. 2014-12, “Compensation – Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.” This ASU requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. We do not expect the adoption of ASU 2014-12 to have a material effect on our financial position, results of operations or cash flows.
	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). ASU 2014-09 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. We are still evaluating the effect of the adoption of ASU 2014-09. On April 1, 2015, the FASB voted to propose to defer the effective date of the new revenue recognition standard by one year.
	In April 2014, the FASB issued ASU No. 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) and Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." ASU 2014-08 amends the definition for what types of asset disposals are to be considered discontinued operations, as well as amending the required disclosures for discontinued operations and assets held for sale. ASU 2014-08 is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2014. The adoption of ASU 2014-08 did not have any effect on our financial position, results of operations or cash flows.
	Recent accounting pronouncements issued by the FASB and the SEC did not or are not believed by management to have a material impact on the Company's present or future unaudited condensed consolidated financial statements.

1_Significant_Accounting_Polic8

1. Significant Accounting Policies and Nature of Operations: Reclassifications (Policies)	3 Months Ended
	Mar. 31, 2015
Policies
Reclassifications	Reclassifications
	Certain reclassifications to the 2014 statements of operations and cash flows have been made in order to conform it to the 2015 presentation.

2_Notes_Payable_and_Capital_Le1

2. Notes Payable and Capital Lease: Schedule of Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Schedule of Debt
		31-Mar-15	31-Dec-14
	12% Line of credit payable, secured by assets of the Company, due on demand after June 30, 2013	77,241	77,241
	12% Line of credit payable, secured by assets of the Company, due on demand after June 30, 2013	5,000	5,000
	13.7%  instalment note, secured by property, due January 18, 2023	18,014	18,593
	15% promissory note payable to individual, due on demand, in default	17,000	17,000
	29.49% Dell business credit note for purchase of computer	2,472	2,830
	26% unsecured note, due September 27, 2015	10,500	-
	29.99% line of credit, due September 30, 2015	15,000	-
	Total notes payable, capital lease and convertible note payable	145,227	121,376
	Less: current maturities	(127,213)	(102,071)
	Notes payable and capital lease – Long-term	$         18,014	$           18,593

2_Notes_Payable_and_Capital_Le2

2. Notes Payable and Capital Lease: Schedule of Maturities of Long-term Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Schedule of Maturities of Long-term Debt
	Year ending March 31,
	2015	$                                          127,213
	2016 and Beyond	18,014
		$                                          145,227

3_Related_Party_Transactions_S

3. Related Party Transactions: Schedule of Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Schedule of Related Party Transactions
		March 31 2015	31-Dec-14
	9% Promissory note payable Richard Strain – stockholder, due June 30, 2013, secured by a first priority security interest in Company assets- in default	$    1,108,000	$   1,108,000
	Notes payable- stockholder	$    1,108,000	$   1,108,000
	8% promissory notes payable - Timothy Ruddy, due on demand, secured by all of the Company’s assets, security interest is subordinated to the loans extended by Mr. Strain	$       797,780	$      734,725
	10% promissory notes payable to Timothy Ruddy family member, cash interest of 10%	5,000	5,000
	12% promissory notes payable to Timothy Ruddy family members, cash interest of 10% and Company stock of 2%, secured by all of the Company’s assets, security interest is subordinated to the loans extended by Mr. Strain, interest due quarterly-default waived	45,000	45,000
	Notes payable-related parties	$       847,780	$      784,725

4_Accounts_Payable_and_Accrued1

4. Accounts Payable and Accrued Expenses.: Schedule of Accounts Payable and Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Schedule of Accounts Payable and Accrued Liabilities
		31-Mar-15	31-Dec-14
	Accounts payable	$                   789,623	$                762,922
	Accrued liabilities	456,937	444,776
	Accrued Federal and State tax liabilities	472,913	466,016
	Accrued compensation and payroll liabilities	509,953	502,859
	Accrued interest- other	37,502	35,473
	Accrued interest-related party	151,358	135,040
	Accrued interest- stockholder	357,333	307,470
	Total	$                2,775,619	$             2,654,556

5_Property_and_Equipment_Prope

5. Property and Equipment: Property Plant and Equipment Table (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Property Plant and Equipment Table
		31-Mar-15	31-Dec-14
	Machinery and equipment	$                 816,304	$                807,033
	Buildings	95,578	95,578
	Vehicles	18,985	18,985
	Land	51,085	51,085
	Furniture, fixtures and equipment	62,322	62,322
	Land Improvements	232,269	232,269
	Totals	1,276,543	1,267,272
	Less accumulated depreciation	(957,220)	(930,638)
	Property and equipment, net	$                 319,323	$                336,634

6_Intangible_Assets_Schedule_o

6. Intangible Assets: Schedule of Finite-Lived Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Schedule of Finite-Lived Intangible Assets
		31-Mar-15	31-Dec-14
	Patents	$                         63,720	$                         63,720
	Less accumulated amortization	(48,745)	(47,761)
	Intangible assets, net	$                         14,975	$                         15,959

6_Intangible_Assets_Schedule_o1

6. Intangible Assets: Schedule of Finite-Lived Intangible Assets, Future Amortization Expense (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
	Years Ended December 31,	Amount
	2015	$                            2,952
	2016	3,936
	2017	3,936
	2018	2,541
	There after	1,610
	Total	$                          14,975

9_Disposal_Groups_and_Noncurre1

9. Disposal Groups and Non-current Assets Held For Sale: Reclassified Assets During Fiscal First Quarter Ending March 31, 2015 (Tables)	3 Months Ended
	Mar. 31, 2015
Tables/Schedules
Reclassified Assets During Fiscal First Quarter Ending March 31, 2015
		31-Mar-15	31-Dec-14
	Assets
	Advance to Supplier	$                         4,397	$               18,698-
	Environmental Deposit	170,000	170,000
	Property and Equipment, Net	316,640	333,813
	Total Assets	491,037	522,511
	Liabilities
	Environmental Remediation Liability	204,468	180,333
	Total Liabilities	204,468	180,333
	Net Assets	$                     286,569	$               342,178

2_Notes_Payable_and_Capital_Le3

2. Notes Payable and Capital Lease: Schedule of Debt (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Details
12% Line of credit payable	$77,241	$77,241
12% Line of credit payable 2	5,000	5,000
13.7% instalment note	18,014	18,593
15% promissory note payable	17,000	17,000
29.49% Dell business credit note	2,472	2,830
26% unsecured note	10,500
29.99% line of credit	15,000
Total notes payable, capital lease and convertible note payable	145,227	121,376
Less: current maturities	-127,213	-102,071
Notes payable and capital lease - Long-term	$18,014	$18,593

3_Related_Party_Transactions_S1

3. Related Party Transactions: Schedule of Related Party Transactions (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Details
9% Promissory note payable Richard Strain	$1,108,000	$1,108,000
8% promissory notes payable	797,780	734,725
10% promissory notes payable to Timothy Ruddy family	5,000	5,000
12% promissory notes payable to Timothy Ruddy family	45,000	45,000
Notes payable-related parties	$847,780	$784,725

5_Property_and_Equipment_Prope1

5. Property and Equipment: Property Plant and Equipment Table (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Details
Machinery and Equipment, Gross	$816,304	$807,033
Buildings and Improvements, Gross	95,578	95,578
Vehicles	18,985	18,985
Land	51,085	51,085
Furniture and Fixtures, Gross	62,322	62,322
Land Improvements	232,269	232,269
Property, Plant, and Equipment, Owned, Accumulated Depreciation	-957,220	-930,638
Property Plant And EquipmentNet	$319,323	$336,634

6_Intangible_Assets_Schedule_o2

6. Intangible Assets: Schedule of Finite-Lived Intangible Assets (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Details
Other Indefinite-lived Intangible Assets	$63,720	$63,720
Finite-Lived Intangible Assets, Accumulated Amortization	-48,745	-47,761
Finite-Lived Intangible Assets, Net	$14,975	$15,959