Amincor (AMNC) 10-Q 14 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	15-May-14
Document and Entity Information:	'	'
Entity Registrant Name	'Amincor, Inc.	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001167905	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	21,286,344
Entity Filer Category	'Non-accelerated Filer	'
Entity Current Reporting Status	'No	'
Entity Voluntary Filers	'Yes	'
Entity Well-known Seasoned Issuer	'Yes	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Consolidated_Condensed_Balance

Consolidated Condensed Balance Sheets (Unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash	$135,620	$295,793
Accounts receivable, net of allowance of $519,138 and $589,201 at June 30, 2014 and December 31, respectively	3,123,581	5,449,234
Inventories, net	894,200	838,164
Costs and estimated earnings in excess of billings on uncompleted contracts	73,648	40,049
Prepaid expenses, deferred charges and other current assets	918,903	458,065
Total current assets	5,145,952	7,081,305
Property, plant and equipment, net	'	'
Property, plant and equipment, net	11,407,371	12,260,857
Property held for investment	6,000,000	6,000,000
Total property, plant and equipment, net	17,407,371	18,260,857
Other assets:	'	'
Loan receivable, net of allowance of $260,000 at June 30, 2014 and December 31, 2013	240,000	240,000
Goodwill	22,241	22,241
Other intangible assets	851,000	851,000
Other assets	45,463	53,648
Assets available for sale	2,086,433	2,086,433
Total other assets	3,245,137	3,253,322
Total assets	25,798,460	28,595,484
Current liabilities:	'	'
Accounts payable	12,278,311	11,849,200
Accrued Liabilities	1,297,419	1,409,295
Accrued expenses and other current liabilities	5,691,498	5,807,148
Loans payable to related party	10,672,386	8,493,689
Notes payable - current portion	8,117,248	7,957,909
Capital lease obligations - current portion	63,091	215,859
Billings in excess of costs and estimated earnings on uncompleted contracts	504,829	675,786
Deferred revenue	15,562	101,675
Current liabilities - discontinued operations	4,993,447	5,001,665
Total current liabilities	43,633,791	41,512,226
Long-term liabilities:	'	'
Capital lease obligations - net of current portion	97,086	170,890
Due to related party	636,973	809,731
Notes payable - net of current portion	0	220,955
Other long-term liabilities	0	6,104
Total long-term liabilities	734,059	1,207,680
Total liabilities	44,367,850	42,719,906
Commitments and contingencies	'	'
Amincor shareholders' (deficit) equity:	'	'
Convertible preferred stock, $0.001 par value per share; 3,000,000 authorized, 1,752,823 issued and outstanding	1,753	1,753
Common stock - class A; $0.001 par value; 22,000,000 authorized, 8,996,355 and 7,919,023 issued and oustanding as of June 30, 2014 and december 31, 2013 respectively	8,996	7,913
Common stock - class B; $0.001 par value; 40,000,000 authorized, 21,286,344 issued and outstanding.	21,286	21,286
Additional paid-in capital	87,640,570	87,201,076
Accumulated deficit	-105,727,389	-100,852,132
Total Amincor shareholders' (deficit) equity	-18,054,784	-13,620,104
Noncontrolling interest deficit:	-514,606	-504,318
Total (deficit) equity	-18,569,390	-14,124,422
Total liabilities and (deficit) equity	$25,798,460	$28,595,484

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets Parentheticals(Unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Balance Sheets Parentheticals	'	'
Accounts receivable, net of allowance	$519,138	$589,201
Loan receivable, net of allowance	$260,000	$260,000
Convertible preferred stock par value per share	$0.00	$0.00
Convertible preferred stock authorized shares	3,000,000	3,000,000
Convertible preferred stock issued	1,752,823	1,752,823
Convertible preferred stock outstanding	1,752,823	1,752,823
Common stock - class A par value per share	$0.00	$0.00
Common stock - class B par value per share	$0.00	$0.00
Common stock - class A shares Authorised	22,000,000	22,000,000
Common stock - class B shares Authorised	40,000,000	40,000,000
Common stock - class A shares issued	8,996,355	7,919,023
Common stock - class A shares oustanding	8,996,355	7,913,023
Common stock - class B shares issued	21,286,344	21,286,344
Common stock - class B shares outstanding	21,286,344	21,286,344

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues {1}	'	'	'	'
Net revenues	$6,120,092	$7,044,554	$12,461,768	$14,012,601
COST OF REVENUES	5,339,940	5,931,943	10,952,665	11,964,044
Gross profit	780,152	1,112,611	1,509,103	2,048,557
SELLING, GENERAL AND ADMINISTRATIVE	2,157,095	2,846,868	5,105,593	5,915,858
Loss from operations	-1,376,943	-1,734,257	-3,596,490	-3,867,301
OTHER EXPENSES (INCOME):	'	'	'	'
Interest expense, net	910,458	253,758	1,676,957	470,295
Other expense (income)	-266,266	17,310	-389,624	-28,469
Total other expenses (income)	644,192	271,068	1,287,333	441,826
Loss before provision for income taxes	-2,021,135	-2,005,325	-4,883,823	-4,309,127
Provision for income taxes	'	'	'	'
Net loss from continuing operations,	-2,021,135	-2,005,325	-4,883,823	-4,309,127
Loss from discontinued operations	-4,444	-100,453	-1,722	-281,729
Gain from sale of discontinued operations	'	199,942	'	199,942
Net loss	-2,025,579	-1,905,836	-4,885,545	-4,390,914
Net loss attributable to non-controlling interests	-3,155	-7,084	-10,288	-13,737
Net loss attributable to Amincor shareholders;	($2,022,424)	($1,898,752)	($4,875,257)	($4,377,177)
NET LOSS PER SHARE FROM CONTINUING OPERATIONS -BASIC AND DILUTED:	'	'	'	'
Net loss from continuing operations	($0.07)	($0.07)	($0.16)	($0.02)
Weighted average shares outstanding - basic and diluted	30,282,699	28,949,367	30,234,817	28,949,367
NET LOSS PER SHARE ATTRIBUTABLE TO AMINCOR SHAREHOLDERS -BASIC AND DILUTED:	'	'	'	'
Net loss attributable to Amincor shareholders	($0.07)	($0.07)	($0.16)	($0.02)
Weighted average shares outstanding - basic and diluted;	30,282,699	28,949,367	30,234,817	28,949,367

Consolidated_Condensed_Stateme

Consolidated Condensed Statements of Changes in Shareholders' (Deficit) Equity (USD $)	Convertible Preferred Stock Shares	Convertible Preferred Stock Amount	Common Stock - Class A Shares	Common Stock - Class A Amount	Common Stock - Class B Shares	Common Stock - Class B Amount	Additional Paid-in Capital	Accumulated Deficit	Non-controlling Interest	Total Equity
							USD ($)	USD ($)	USD ($)	USD ($)
Balance at Dec. 31, 2012	1,752,823	1,753	7,663,023	7,663	21,286,344	21,286	86,549,322	-84,342,834	-403,833	1,833,357
Share based compensation of employees.	'	'	'	'	'	'	$278,371	'	'	$278,371
Net loss 2013	'	'	'	'	'	'	'	-4,377,177	-13,737	-4,390,914
Balance at Jun. 30, 2013	1,752,823	1,753	7,663,023	7,663	21,286,344	21,286	86,827,693	-88,720,011	-417,570	-2,279,186
Balance at Dec. 31, 2013	1,752,823	1,753	7,913,023	7,913	21,286,344	21,286	87,201,076	-100,852,132	-504,318	-14,124,422
Share based compensation of employees.	'	'	'	'	'	'	310,577	'	'	310,577
Issuance of shares to officers for cash,	'	'	1,083,332	1,083	'	'	128,917	'	'	130,000
Net loss 2014	'	'	'	'	'	'	'	($4,875,257)	($10,288)	($4,885,545)
Balance at Jun. 30, 2014	1,752,823	1,753	8,996,355	8,996	21,286,344	21,286	87,640,570	-105,727,389	-514,606	-18,569,390

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows(Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net loss from continuing operations for the period	($4,883,823)	($4,309,127)
Adjustments to reconcile net loss to net cash from continuing operations (used in) provided by operating activities:	'	'
Depreciation and amortization of property, plant and equipment	861,057	925,980
Stock based compensation of Employees	310,577	278,371
Loss on disposal of equipment	168,232	'
Provision for doubtful accounts	15,917	3,402
Changes in assets and liabilities:	'	'
Accounts receivables	2,309,736	-251,792
Inventories	-56,036	51,596
Costs and estimated earnings in excess of billings on uncompleted contracts;	-33,599	12,296
Prepaid expenses and other current assets.	-460,838	491,016
Other assets	8,185	-1,488
Accounts payables.	429,111	254,020
Accrued expenses and other current liabilities,	-115,650	1,454,304
Billings in excess of costs and estimated earnings on uncompleted contracts;	-170,957	-81,107
Deferred revenue	-86,113	-128,715
Other long-term liabilities.	-6,104	'
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES - CONTINUING OPERATIONS	-1,710,305	-1,301,244
CASH FLOWS FROM INVESTING ACTIVITIES - CONTINUING OPERATIONS	'	'
Purchases of property and equipment	-175,803	-163,717
NET CASH USED IN INVESTING ACTIVITIES - CONTINUING OPERATIONS	-175,803	-163,717
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Net proceeds /loansfrom related parties	2,005,939	2,763,011
Proceeds from issuance of common stock	130,000	'
Principal payments of capital lease obligations	-226,572	-197,034
Repayments of notes payable	-61,616	-1,147,844
Assumed liabilities	-111,876	-94,771
NET CASH PROVIDED BY FINANCING ACTIVITIES - CONTINUING OPERATIONS	1,735,875	1,323,362
NET CASH USED IN CONTINUING OPERATIONS	-150,233	-141,599
Net cash provided by (used in) operating activities - discontinued operations	-9,940	222,460
Net cash provided by investing activities - discontinued operations	'	16,575
Net cash used in financing activities - discontinued operations	'	-130,625
NET CASH PROVIDED BY (USED IN) DISCONTINUED OPERATIONS	-9,940	108,410
Decrease in cash	-160,173	-33,189
Cash, beginning of period	295,793	357,029
Cash, end of period	135,620	323,840
Cash paid during the period for:	'	'
Interest	1,112,050	621,744
Non-cash investing and financing activities:	'	'
Financing of insurance by notes payable	940,713	934,220
Conversion of accounts payable to term notes payable	'	155,965
Acquisition of equipment by notes payable	'	$40,501

1_ORGANIZATION_AND_NATURE_OF_B

1. ORGANIZATION AND NATURE OF BUSINESS	6 Months Ended
	Jun. 30, 2014
ORGANIZATION AND NATURE OF BUSINESS:	'
ORGANIZATION AND NATURE OF OPERATIONS	'
	1. ORGANIZATION AND NATURE OF BUSINESS
	Amincor, Inc. ("Amincor") is headquartered in New York, New York. As of June 30,
	2014 and December 31, 2013 Amincor had the following operating subsidiaries:
	Advanced Waste & Water Technology, Inc. ("AWWT")
	Baker's Pride, Inc. ("BPI")
	Tyree Holdings Corp. ("Tyree")
	Amincor Other Assets, Inc. ("Other Assets")
	AWWT
	AWWT performs water remediation services in the Northeastern United States and
	is headquartered in Farmingdale, New York. In addition to its fixed station
	operations AWWT is working with impacted water producers to provide water
	remediation equipment and services throughout the United States and select
	international markets. The services include water testing and evaluation, system
	engineering and design, system training servicing and maintenance.
	BPI
	BPI manufactures bakery food products, consisting primarily of several varieties
	of sliced and packaged private label bread in addition to fresh and frozen
	varieties of donuts in the Midwest and Eastern region of the United States. BPI
	is headquartered and operates facilities in Burlington, Iowa.
	TYREE
	Tyree performs maintenance, repair and construction services to customers with
	underground petroleum storage tanks and petroleum product dispensing equipment.
	Complimenting these services, Tyree is engaged in environmental consulting, site
	assessment, analysis and management of site remediation for owners and operators
	of property with petroleum storage facilities. Tyree markets its services
	throughout the Northeast and Mid-Atlantic regions of the United States to
	national and multinational enterprises, as well as to local and national
	governmental agencies and municipalities. The majority of Tyree's revenue is
	derived from customers in the Northeastern United States. Tyree's headquarters
	are located in Farmingdale, New York and its environmental services business
	unit is located in Mt. Laurel, New Jersey.
	OTHER ASSETS
	Other Assets was incorporated to hold real estate, equipment and loan
	receivables.
	On April 30, 2013, Other Assets sold its 360,000 square foot facility located in
	Allentown, Pennsylvania. The property was sold for $500,000, less outstanding
	taxes and costs due and owing on the property, for net sale proceeds of
	$232,497.00
	On December 19, 2013, Other Assets entered into a $1.5 million mortgage on its
	property located in Pelham Manor, New York. The mortgage provides for interest
	only payments of $15,000 per month, with the full principal balance due on
	January 1, 2015. The note carries an interest rate of 12.0% per annum.
	DISCONTINUED OPERATIONS
	On April 1, 2013, Amincor sold the business of a subsidiary, Environmental
	Quality Services ("EQS") to a former manager of the Company. EQS provided
	environmental and hazardous waste testing services in the Northeastern United
	States.
	~

2_SUMMARY_OF_SIGNIFICANT_ACCOU

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	BASIS OF PRESENTATION
	The accompanying consolidated condensed financial statements of the Company have
	been prepared in accordance with accounting principles generally accepted in the
	United States of America ("GAAP").
	PRINCIPLES OF CONSOLIDATION
	The consolidated condensed financial statements include the accounts of Amincor
	and all of its consolidated subsidiaries (collectively, the "Company"). All
	intercompany balances and transactions have been eliminated in consolidation.
	USE OF ESTIMATES
	The preparation of financial statements in conformity with GAAP requires
	management to make estimates and assumptions that affect the reported amount of
	assets and liabilities and the disclosure of contingent assets and liabilities
	at the date of the financial statements, and the reported amounts of revenues
	and expenses during the reporting periods. Significant estimates include the
	valuation of goodwill and intangible assets, the useful lives of tangible and
	intangible assets, depreciation and amortization of property, plant and
	equipment, allowances for doubtful accounts and inventory obsolescence,
	completion of contracts and loss contingencies on particular uncompleted
	contracts and the valuation allowance on deferred tax assets. Actual results
	could differ from those estimates.
	REVENUE RECOGNITION
	BPI
	Revenue is recorded net of discounts and is recognized upon the sale of products
	when title to the goods has passed, the price to the customer is fixed and
	determinable, and collection from the customer is reasonably assured. Those
	conditions are typically satisfied when goods are delivered to BPI's shipping
	dock, and are made available for pick-up by the customer, at which point the
	title passes to the customer. Customer sales discounts are accounted for as
	reductions of revenues in the same period the related sales are recorded.
	TYREE
	Maintenance and repair services for several retail petroleum customers are
	performed under multi-year unit price contracts ("Tyree Contracts"). Under these
	agreements, the customer pays a set price per contracted retail location per
	month and Tyree provides a defined scope of maintenance and repair services at
	these locations on an on-call or as scheduled basis. Revenue earned under Tyree
	Contracts is recognized each month at the prevailing rate per location unit
	price. Revenue from other maintenance and repair services is recognized as these
	services are rendered.
	Tyree uses the percentage-of-completion method on construction services,
	measured by the percentage of total costs incurred to date to estimated total
	costs for each contract. This method is used because management considers costs
	to date to be the best available measure of progress on these contracts.
	Provisions for estimated losses on uncompleted contracts are made in the period
	in which overall contract losses become probable. Changes in job performance,
	job conditions and estimated profitability, including those arising from final
	contract settlements, may result in revisions to costs and income. These
	revisions are recognized in the period in which it is probable that the customer
	will approve the variation and the amount of revenue arising from the revision
	can be reliably measured. An amount equal to contract costs attributable to
	claims is included in revenues when negotiations have reached an advance stage
	such that it is probable that the customer will accept the claim and the amount
	can be measured reliably.
	The asset account "Costs and estimated earnings in excess of billings on
	uncompleted contracts," represents revenues recognized in excess of amounts
	billed.
	The liability account, "Billings in excess of cost and estimated earnings on
	uncompleted contracts," represents billings in excess of revenues recognized.
	AWWT
	AWWT provides water remediation and logistics services for its clients. AWWT
	invoices clients based on bills of lading, which specify the quantity and type
	of water treated. Revenue is recognized as water remediation services are
	performed.
	ACCOUNTS RECEIVABLE
Accounts receivable represents amounts due from customers and is reported net of
an allowance for doubtful accounts. The allowance for doubtful accounts is based
on management's estimate of the amount of receivables that will actually be
collected after analyzing the credit worthiness of its customers and historical
experience, as well as the prevailing business and economic environment.
Accounts are written off when significantly past due and after exhaustive
efforts at collection. Recoveries of accounts receivables previously written off
are recorded as income when subsequently collected.
Tyree's accounts receivable for maintenance and repair services and construction
contracts are recorded at the invoiced amount and do not bear interest. Tyree,
BPI, and AWWT extend unsecured credit to customers in the ordinary course of
business but mitigate the associated risks by performing credit checks and
actively pursuing past due accounts. Tyree follows the practice of filing
statutory "mechanics" liens on construction projects where collection problems
are anticipated.
ALLOWANCE FOR LOAN LOSSES
The Company performs ongoing credit evaluations of its loans receivable and
provides an allowance for loan losses based on the payee's credit evaluation,
current financial condition, and collection history. When it is determined that
it is more likely than not that the scheduled payments of principal and interest
under the terms of the loan will not be received when due, an allowance for loan
losses is established, based upon management's estimate of the amount of the
loan that will actually be collected.
INVENTORIES
Inventories are stated at the lower of cost or market using the first-in,
first-out method. Market is determined based on the net realizable value with
appropriate consideration given to obsolescence, excessive levels and other
market factors. An inventory reserve is recorded if the carrying amount of the
inventory exceeds its estimated market value.
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment are stated at cost, less accumulated depreciation
and amortization. Depreciation is calculated using the straight-line method over
the estimated useful lives of the respective assets. Leasehold improvements are
amortized over the lesser of their estimated useful lives or the remaining lease
terms. Expenditures for repairs and maintenance are charged to operations as
incurred. Renewals and betterments are capitalized. Upon the sale or retirement
of an asset, the related costs and accumulated depreciation are removed from the
accounts and any gain or loss is recognized in the results of operations.
PROPERTY HELD FOR INVESTMENT
Property held for investment consists of property in Pelham Manor, New York. A
defaulted loan was transferred from a related party with a value of $6,180,000.
The loan value was written down by $180,000 to $6,000,000. During 2013, the
Company took title to the property.
GOODWILL AND INTANGIBLE ASSETS
Goodwill represents the cost of acquiring a business that exceeds the net fair
value ascribed to its identifiable assets and liabilities. Goodwill and
indefinite-lived intangibles are not subject to amortization but are tested for
impairment annually and whenever events or circumstances change, such as a
significant adverse change in the economic climate that would make it more
likely than not that impairment may have occurred. If the carrying value of
goodwill or an indefinite-lived intangible asset exceeds its fair value, an
impairment loss is recognized.
IMPAIRMENT OF LONG-LIVED ASSETS
The Company reviews long-lived assets for impairment whenever events or changes
in circumstances indicate that the carrying value of the asset may not be
recoverable. The Company assesses recoverability by determining whether the net
book value of the related asset will be recovered through the projected
undiscounted future cash flows of the asset. If the Company determines that the
carrying value of the asset may not be recoverable, it measures any impairment
based on the asset's fair value as compared to the asset's carrying value.
EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is computed by dividing net income (loss)
available to common stockholders by the weighted-average number of common shares
outstanding for the period. Diluted earnings (loss) per share considers the
potential dilution that could occur if securities or other contracts to issue
common stock were exercised or could otherwise cause the issuance of common
stock. Such contracts include stock options and convertible preferred stock
which when exercised or converted into common stock would cause the issuance of
common stock that then would share in earnings (loss). Such potential additional
common shares are included in the computation of diluted earnings per share.
Diluted loss per share is not computed for the three and six months ended June
30, 2014 and 2013 because any potential additional common shares would reduce
the reported loss per share and therefore have an antidilutive effect.
FAIR VALUE MEASUREMENT
Financial instruments and certain non-financial assets and liabilities are
measured at their fair value as determined based on the assets highest and best
use. GAAP has established a framework for measuring fair value that is based on
a hierarchy which requires that the valuation technique used be based on the
most objective inputs available for measuring a particular asset or liability.
There are three broad levels in the fair value hierarchy which describe the
degree of objectivity of the inputs used to determine the fair value. The fair
value hierarchy is set forth as below:
Level 1 - inputs to the valuation methodology and quoted prices (unadjusted) for
identical assets or liabilities in active markets.
Level 2 - inputs to the valuation methodology include quoted prices for similar
assets and liabilities in active markets, and inputs that are observable for the
asset or liability, either directly or indirectly, for substantially the full
term of the financial instrument.
Level 3 - inputs to the valuation methodology are unobservable and significant
to the fair value measurement. They are based on best information available in
the absence of level 1 and 2 inputs.
The fair value of all of the Company's financial instruments, which include cash
and cash equivalents, accounts receivable, accounts payable and debt, are
approximately the same as their carrying amounts.
SHARE-BASED COMPENSATION
Share-based awards to employees are measured based on their grant date fair
values and are charged to expenses over the period during which the required
services are provided in exchange for the award (the vesting period).
Share-based awards are subject to specific vesting conditions. Compensation cost
is recognized over the vesting period based on the grant date fair value of the
awards and the portion of the award that is ultimately expected to vest.
Non-employee share-based awards are measured at the fair value at the
performance completion date and are charged to expenses at the service
completion date.
RECLASSIFICATIONS
Certain reclassifications have been made to the accompanying consolidated
condensed financial statements of prior periods to conform to the current
period's presentation.

3_GOING_CONCERN

3. GOING CONCERN	6 Months Ended
	Jun. 30, 2014
Going concern,	'
Going Concern	'
	The accompanying consolidated condensed financial statements have been prepared
	assuming that the Company will continue as a going concern, which contemplates
	the realization of assets and the satisfaction of liabilities in the normal
	course of business. The Company has suffered recurring net losses from
	operations and had a working capital deficit of $38,380,774 and a (deficit)
	equity of ($18,054,784) as of June 30, 2014, which raises substantial doubt
	about the Company's ability to continue as a going concern. Our auditors have
	stated, in their report dated April 15, 2014, that there is substantial doubt on
	the Company's ability to continue operations as a going concern due to our
	recurring net losses from operations, and significant deficits in working
	capital and equity. The Company's ability to continue as a going concern is
	dependent upon its ability to raise additional funds through debt and equity
	financing and to achieve profitable operations. Management's plans to continue
	as a going concern and to achieve a profitable level of operations are as
	follows:
	* Advanced Waste & Water Technology, Inc.
	* Successfully selling large-scale waste water treatment equipment
	through AWWT's established licensing agreement.
	* Acquiring the company with which AWWT has established its
	licensing agreement.
	* Baker's Pride, Inc.
	* Securing additional donut and bread customers to increase the
	utilization of existing plant assets and place significant and
	competitive bids to strategic players within the fresh bread
	manufacturing industry, as well as increase revenues from its
	existing customers,
	* Increasing co-pack donut, bread and bun business once the
	existing plant assets are operating at maximum capacity,
	* Negotiating with its commercial bank to commence paying principal
	payments on its bridge loan, which matures on September 1, 2014,
	when BPI's cash flow improves.
	* Tyree Holdings Corp.
	* Increasing sales of the environmental business unit to existing
	customers and bid on additional jobs outside of Tyree's current
	customer base. Tyree's ability to succeed in securing additional
	environmental business depends on the ability of one of Tyree's
	primary customers to secure remediation work by bidding
	environmental liabilities currently present on gasoline stations
	and referring this work to Tyree,
	* Evaluating Tyree's construction and maintenance business units
	with respect to their ability to increase margins and operate
	profitably independent of each other,
	* Liquidating excess inventory that will not be utilized in the
	normal course of operations during the next six months to
	generate additional working capital.
	* Amincor Other Assets, Inc.
	* Liquidating assets held for sale to provide working capital to
	the Company's subsidiaries,
	* Leasing assets held for sale until they can be sold.
	* Amincor, Inc.
	* Securing new financing from a financial institution to provide
	needed working capital to the subsidiary companies.
	While management believes that it will be able to continue to raise capital from
	various funding sources in such amounts sufficient to sustain operations at the
	Company's current levels through at least June 30, 2015, if the Company is not
	able to do so and if the Company is unable to become profitable for the next
	twelve months through June 30, 2015, the Company would likely need to modify its
	plans and/or cut back on its operations. If the Company raises additional funds
	through the issuance of equity securities, substantial dilution to existing
	shareholders may result. However, if management's plans are not achieved, if
	significant unanticipated events occur, or if the Company is unable to obtain
	the necessary additional funding on favorable terms or at all, management would
	likely have to modify its business plans to continue as a going concern. The
consolidated condensed financial statements do not include any adjustments that
might be necessary if the Company is unable to continue as a going concern.
~

4_DISCONTINUED_OPERATIONS

4. DISCONTINUED OPERATIONS	6 Months Ended
	Jun. 30, 2014
DISCONTINUED OPERATIONS:	'
Discontinued Operations	'
	The Company discontinued the operations of EQS when it was sold on April 1, 2013
	and the loss from discontinued operations in the accompanying consolidated
	condensed financial statements for the six months ended June 30, 2013 primarily
	relates to EQS. Liabilities related to EQS and previously discontinued
	operations are presented separately on the consolidated condensed balance sheets
	as of June 30, 2014 and December 31, 2013. Changes in net cash from discontinued
	operations are presented in the accompanying consolidated condensed statements
	of cash flows for the six months ended June 30, 2014 and 2013. All prior period
	information has been reclassified to conform to the current period presentation.
	The following amounts have been segregated from continuing operations and
	reported as discontinued operations:
	For The Three Months Ended June 30, For The Six Months Ended June 30,
	----------------------------------- ---------------------------------
	2014 2013 2014 2013
	-------- -------- -------- --------
	Results From Discontinued Operations:
	Net revenues from discontinued operations $ -- $ (1,771) $ -- $231,887
	=== === === ===
	Income (loss) from discontinued operations $ (4,444) $ 99,489 $ (1,722) $(81,787)
	=== === === ===
	Assets held for sale (which is recorded separately on the consolidated condensed
	balance sheets) consists of two properties related to the Company's discontinued
	operations, as follows:
	Land and building - California $1,786,433
	Land - New York 300,000
	----------
	$2,086,433
	===
	The following is a summary of the liabilities of the discontinued operations:
	June 30, December 31,
	2014 2013
	---------- ----------
	Accounts payable $3,937,414 $3,945,632
	Accrued expenses and other current liabilities 1,056,033 1,056,033
	---------- ----------
	Total liabilities $4,993,447 $5,001,665
	==== ===
	~

5_INVENTORIES

5. INVENTORIES	6 Months Ended
	Jun. 30, 2014
INVENTORIES:	'
Inventories	'
	Inventories consist of:
	* Raw materials, construction and service maintenance parts
	* Baking ingredients
	* Finished bakery goods
	A summary of inventory as of June 30, 2014 and December 31, 2013 is below:
	June 30, December 31,
	2014 2013
	---------- ----------
	Raw materials $1,221,846 $1,316,364
	Ingredients 361,812 254,492
	Finished goods 115,984 72,750
	---------- ----------
	1,699,642 1,643,606
	Inventory reserves 805,442 805,442
	---------- ----------
	Inventories, net $ 894,200 $ 838,164
	==== ===
	~

6_PROPERTY_PLANT_AND_EQUIPMENT

6. PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2014
Property, plant and equipment, net	'
Property, Plant and Equipment	'
	As of June 30, 2014 and December 31, 2013, property, plant and equipment
	consisted of the following:
	Useful Lives June 30, December 31,
	(Years) 2014 2013
	------- ------------ ------------
	Land n/a $ 419,656 $ 430,000
	Machinery and equipment 2-10 14,772,022 15,147,163
	Furniture and fixtures 5-10 169,258 169,258
	Building and leasehold improvements 10 3,378,525 3,443,598
	Computer equipment and software 5-7 838,466 838,466
	Property Held for Investment n/a 6,000,000 6,000,000
	Vehicles 3-10 446,693 437,042
	------------ ------------
	26,024,620 26,465,527
	Less accumulated depreciation 8,617,249 8,204,670
	------------ ------------
	$ 17,407,371 $ 18,260,857
	==== ====
	Total depreciation expense for the six months ended June 30, 2014 and 2013 was
	$861,057 and $925,980, respectively.
	~

7_Accrued_Expenses_and_Other_C

7. Accrued Expenses and Other Current Liabilities	6 Months Ended
	Jun. 30, 2014
Accrued Expenses and Other Current Liabilities:	'
Accrued Expenses and Other Current Liabilities	'
	During the years ended December 31, 2013 and 2012, Tyree did not file certain
	required payroll tax returns on a timely basis and did not properly pay its
	payroll tax liabilities, including trust funds withheld on behalf of its
	employees. Through the assistance of an outside payroll services company, Tyree
	filed all delinquent payroll tax returns during the fourth quarter of 2013 and
	is currently in negotiations with federal and various state authorities to
	settle its remaining payroll tax obligations. Tyree estimates that its
	outstanding payroll tax liability, including penalties and interest, was
	approximately $2.4 million as of June 30, 2014.
	During the year ended December 31, 2013, Tyree did not file required sales tax
	returns in various jurisdictions. Tyree subsequently filed the required returns
	and is currently in negotiations with various state authorities to settle the
	remaining sales tax liability. Tyree estimates that its outstanding sales tax
	liability, including penalties and interest, is approximately $1.5 million as of
	June 30, 2014.

8_LONGTERM_DEBT

8. LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2014
Long-term Debt, Unclassified [Abstract]	'
Long-term Debt	'
	Long-term debt consists of the following as of June 30, 2014 and December 31,
	2013:00:00
	June 30, December 31,
	2014 2013
	----------- -----------
	Bridge loan with a commercial bank,
	collateralized by property, plant and
	equipment located in Burlington, Iowa in
	addition to assets purchased, and bearing
	interest at 2.75% above the U.S. Prime Rate
	with a floor of 5.00% and a ceiling of 7.00%.
	The loan matures on September 1, 2014. $2,749,985 $2,749,985
	Promissory note payable, collateralized by
	property located in Pelham, New York. Payable
	in monthly installments of interest only
	bearing an interest rate of 12.00%. The loan
	matures on January 1, 2015 at which time the
	entire unpaid principal amount and all
	accrued interest is fully due and payable. 1,500,273 1,500,273
	Equipment loans payable, collateralized by
	the assets purchased, and bearing interest at
	annual fixed rates ranging from 8.00% to
	15.00% as of June 30, 2014 and December 31,
	2013. The loans matured and are indefault as
	of July 31, 2014 244,405 355,056
	Promissory notes converted from accounts
	payable, with an imputed interest rate of
	10%. Payment terms are from 12 to 36 months 2,825,468 2,884,937
	Promissory notes payable, with accrued
	interest, to three former stockholders of a
	predecessor company. These notes are
	unsecured and are subordinate to the
	Company's senior debt. The notes matured and
	are in default as of June 30, 2014 and bear
	interest at an annual fixed rate of 6.00% 500,000 500,000
	Note payable to insurance company, with
	accrued interest. Payable in monthly
	installments of principal and interest
	through January 2015. The annual interest
	rate is 4.78% 216,028 --
	Note payable to a commercial bank. Payable in
	monthly installments of principal and
	interest through March 2015. The annual
	interest rate is 7.25% 81,089 188,613
	---------- ----------
	Total 8,117,248 8,178,864
	Less current portion 8,117,248 7,957,909
	---------- ----------
	Long-term portion $ -- $ 220,955
	==== ===

9_RELATED_PARTY_TRANSACTIONS

9. RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	Related parties are natural persons or other entities that have the ability,
	directly or indirectly, to control another party or exercise significant
	influence over the other party in making financial and operating decisions.
	Related parties include other parties that are subject to common control or that
	are subject to common significant influences. The Company's President and Vice
	President/Interim Chief Financial Officer own a majority of the Company's Class
	A common voting stock. They also control Capstone Capital Group, LLC, and
	Capstone Business Funding, LLC, the entities with which the Company has
	outstanding loans payable as of June 30, 2014 and December 31, 2013.
	LOANS PAYABLE
	Loans from a related party consist of the following at:
	June 30, December 31,
	2014 2013
	----------- -----------
	Loan and security agreement with Capstone
	Capital Group, LLC which matures on October
	31, 2016 bearing interest at 18% per annum.
	Maximum borrowing of $9,000,000. The loan is
	securd by a subordinated interest in Baker's
	Pride's assets. $ 8,508,145 $ 6,001,021
	Loan and security agreement with Capstone
	Capital Group, LLC which matures on May 15,
	2015 bearing interest at 18% per annum.
	Maximum borrowing of $1,000,000. The loan is
	secured by a subordinated interest in Baker's
	Pride's assets. 425,535 427,069
	Short-term accounts receivable financing
	arrangement with Capstone Business Funding,
	LLC. No maturity date is specified. Interest
	is charged at variable rates based upon
	collection days outstanding. 1,738,706 2,060,730
	Loan and security agreement with Stephen
	Tyree which matures on November 5, 2014
	bearing interest at 5.0% per annum. -- 4,869
	----------- -----------
	Total loans and amounts payable to related
	parties $10,672,386 $ 8,493,689
	==== ====
	Interest expense for these loans amounted to $1,302,748 and $351,724 for the six
	months ended June 30, 2014 and 2013, respectively.
	MANAGEMENT FEES
	The Company provides administrative services for Capstone Capital Group, LLC to
	provide office space, back office services and other various services from time
	to time for a monthly fee. Management fees are due and payable monthly and the
	Company recorded management fee income of $150,000 and $90,000 for the six
	months ended June 30, 2014 and 2013, respectively. As of June 30, 2014, the
	Company has an accrued management fee receivable of $125,000 and $0 as of June
	30, 2014 and December 31, 2013, respectively.

10_SHARES_OF_COMMON_STOCK_ISSU

10. SHARES OF COMMON STOCK ISSUED	6 Months Ended
	Jun. 30, 2014
SHARES OF COMMON STOCK ISSUED	'
SHARES OF COMMON STOCK ISSUED	'
	On January 9, 2014 the Company issued 1,083,332 shares of Class A Voting common
	shares to certain officers of the Company in exchange for $130,000. The
	Company's Class A shares were valued at $0.12, which was the market price for
	the Company's Class A shares on January 9, 2014.

11_SHARESBASED_COMPENSATION

11. SHARES-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2014
SHARES-BASED COMPENSATION:	'
SHARES-BASED COMPENSATION	'
	The Company does not have a formally adopted share-based compensation plan.
	Stock option grants have been made as determined by the Board of Directors.
	During the six months ended June 30, 2014, the Company's Board of Directors
	granted a total of 1,190,000 common stock Class A options to the President,
	Vice-President and Interim Chief Financial Officer, certain management and
	employees of the Company, and certain officers and employees of its subsidiary
	companies, and 80,000 common stock Class A options to certain non-employees of
	the Company, at exercise prices of $0.50 and $0.25. During the six months ended
	June 30, 2013, the Company's Board of Directors granted a total of 774,000
	common stock Class A options to the President, Vice-President and Interim Chief
	Financial Officer, certain management and employees of the Company, and certain
	officers and employees of its subsidiary companies, and 20,000 common stock
	Class A options to certain non-employees of the Company, at exercise price of
	$1.00. Employee stock-based compensation expense totaled $305,126 and $274,865
	for the six months ended June 30, 2014 and 2013, respectively. 50% of the
	employee options vest and become exercisable on the first anniversary of the
	grant date and the remaining 50% vest on the second anniversary of the grant
	date, provided that the individual is employed by the Company on such
	anniversary dates. Non-employee stock-based compensation expense for the six
	months ended June 30, 2014 and 2013 was $5,451 and $3,506, respectively.
	The Company estimates the fair value of the stock options on the date of the
	grant for employees and the performance completion date for non-employees using
	the Black-Scholes option model, which requires the input of subjective
	assumptions. These assumptions include the estimated volatility of the Company's
	common stock price of the expected term, the fair value of the Company's stock,
	the risk-free interest rate and the dividend yield. Changes in the subjective
	assumptions can materially affect the estimated fair value of stock
	compensation.

12_Operating_Segments

12. Operating Segments	6 Months Ended
	Jun. 30, 2014
Operating Segments	'
Operating Segments	'
	The Company is organized into five operating segments: (1) Amincor, (2) Other
	Assets, (3) AWWT (4) BPI, and (5) Tyree. Assets related to discontinued
	operations ("Disc. Ops") are also presented below where relevant. Segment
	information is as follows:
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Assets:
	Amincor $ 308,043 $ 362,839
	Other Assets 8,455,504 8,446,271
	AWWT 407,083 354,264
	BPI 11,149,543 11,313,853
	Tyree 5,478,287 8,118,257
	------------ ------------
	Total assets $ 25,798,460 $ 28,595,484
	==== ====
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Goodwill:
	Amincor $ -- $ --
	Other Assets -- --
	AWWT 22,241 22,241
	BPI -- --
	Tyree -- --
	------------ ------------
	Total goodwill $ 22,241 $ 22,241
	==== ====
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Other Intangible Assets:
	Amincor $ -- $ --
	Other Assets -- --
	AWWT -- --
	BPI -- --
	Tyree 851,000 851,000
	------------ ------------
	Total other intangible assets $ 851,000 $ 851,000
	==== ====
	Three Months Ended June 30, Six Months Ended June 30,
	2014 2013 2014 2013
	------------ ------------ ------------ ------------
	Net Revenues:
	Amincor $ -- $ -- $ -- $ --
	Other Assets -- -- -- --
	AWWT 154,784 97,794 269,287 151,012
	BPI 1,061,411 237,301 2,268,707 292,109
	Tyree 4,903,897 6,709,459 9,923,774 13,569,480
	------------ ------------ ------------ ------------
	Net revenues $ 6,120,092 $ 7,044,554 $ 12,461,768 $ 14,012,601
	==== ==== ==== ====
	Income (loss) before Provision
	for Income Taxes:
	Amincor $ (674,422) $ (907,451) $ (1,765,680) $ (1,998,713)
	Other Assets (113,813) 161,540 (183,643) 131,414
	AWWT 29,903 (40,293) (13,517) (86,766)
	BPI (1,330,231) (1,278,950) (2,583,219) (2,443,048)
	Tyree 17,953 59,829 (387,239) 87,986
	------------ ------------ ------------ ------------
	Income (loss) before Provision
	for Income Taxes $ (2,070,610) $ (2,005,325) $ (4,933,298) $ (4,309,127)
	==== ==== ==== ====
Depreciation of Property and Equipment:
Amincor $ -- $ -- $ -- $ --
Other Assets -- -- -- --
AWWT 12,225 11,817 24,450 23,635
BPI 298,972 294,174 595,332 588,475
Tyree 116,355 162,645 241,275 313,870
------------ ------------ ------------ ------------
Total depreciation of property and equipment $ 427,552 $ 468,636 $ 861,057 $ 925,980
==== ==== ==== ====
Interest Expense - net:
Amincor $ (88,611) $ (65,852) $ (131,868) $ (124,615)
Other Assets 35,000 (10,000) 70,000 (17,247)
AWWT -- (18) -- --
BPI 423,926 198,707 758,981 329,088
Tyree 540,143 130,921 979,844 283,069
------------ ------------ ------------ ------------
Total interest expense, net $ 910,458 $ 253,758 $ 1,676,957 $ 470,295
==== ==== ==== ====

13_COMMITMENTS_AND_CONTINGENCI

13. COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2014
Commitments and contingencies {1}	'
Commitments and Contingencies	'
	CONTINGENCIES/LEGAL MATTERS:
	Amincor and its subsidiaries are, from time to time, involved in ordinary and
	routine litigation. Management presently believes that the ultimate outcome of
	these proceedings individually or in the aggregate, will not have a material
	adverse effect on the Company's financial position, results of operations or
	cash flows. Nevertheless, litigation is subject to inherent uncertainties and
	unfavorable rulings could occur. An unfavorable ruling could include monetary
	damages and, in such event, could result in a material adverse impact on the
	Company's financial position, results of operations or cash flows for the period
	in which the ruling occurs.
	AMINCOR
	On July 6, 2012, SFR Holdings, Ltd., Eden Rock Finance Master Limited, Eden Rock
	Asset Based Lending Master Ltd., Eden Rock Unleveraged Finance Master Limited,
	SHK Asset Backed Finance Limited, Cannonball Plus Fund Limited and Cannonball
	Stability Fund, LP (collectively, the "Plaintiffs") commenced an action in the
	Supreme Court of the State of New York County of New York against Amincor, Inc.,
	Amincor Other Assets, Inc., their officers and directors, John R. Rice III,
	Joseph F. Ingrassia and Robert L. Olson and various other entities affiliated
	with or controlled directly or indirectly by John R. Rice III and Joseph F.
	Ingrassia (collectively the "Defendants"). Plaintiffs allege that Defendants
	engaged in wrongful acts, including fraudulent inducement, fraud, breach of
	fiduciary duty, unjust enrichment, fraudulent conveyance and breach of contract.
	Plaintiffs are seeking compensatory damages in an amount in excess of $150,000
	to be determined at trial. Litigation is pending. Management believes that this
	lawsuit has no merit or basis and is vigorously defending it.
	BPI
	In connection with a United States Department of Agriculture ("USDA") loan
	application, BPI had Environmental Site Assessments performed on the property
	where its Mt. Pleasant Street Bakery, Inc. operates, as required by the
	prospective lender. A Phase II Environmental Site Assessment was completed on
	October 31, 2011 and was submitted to the Iowa Department of Natural Resources
	("IDNR") for their review. IDNR requested that a Tier Two Site Cleanup Report
	("Tier Two") be issued and completed in order to better understand what
	environmental hazards exist on the property. The Tier Two was completed on
	February 3, 2012 and was submitted to IDNR for further review. Management's
	latest correspondence with IDNR, dated March 21, 2012, required additional
	environmental remediation in order to be in compliance with IDNR's regulations.
	Management has retained the necessary environmental consultants to become
	compliant with IDNR's request. Due to the nature of the liability, the
	remediation work is 100% eligible for refund from IDNR's Innocent Landowner
	Fund. As such, there is no direct liability related to the cleanup of the
	hazard.
	TYREE
	On December 5, 2011, Tyree's largest customer, Getty Petroleum Marketing, Inc.
	("GPMI") filed for Chapter 11 bankruptcy protection. As of that date, Tyree had
	a pre-petition receivable of $1,515,401, which was subsequently written-off due
	to the uncertainty of collection. Additionally, Tyree has a post-petition
	administrative claim for $593,709. A Proof of Claim was filed with the
	Bankruptcy court on Tuesday, April 10, 2012. On August 27, 2012, the United
	States Bankruptcy Court for the Southern District of New York confirmed GPMI's
	Chapter 11 plan of liquidation offered by its unsecured creditors committee. The
	plan provides for all of the debtors' property to be liquidated over time and
	for the proceeds to be allocated to creditors. Any assets not distributed by the
	effective date will be held by a liquidating trust and administered by a
	liquidation trustee, who will be responsible for liquidating assets, resolving
	disputed claims, making distributions, pursuing reserved causes of action and
	winding up GPMI's affairs. As an unsecured creditor, Tyree may never collect or
	may only collect a small percentage of the pre and post-petition amounts owed.
	To date, Tyree has not been notified of any intent by the United States
	Bankruptcy Court for the Southern District of New York to clawback any amounts
	paid to Tyree pre-petition. On April 4, 2014, Tyree sold its general and
	administrative claims to a third party for the aggregate sum of $553,662.
	In December 2013, Tyree Environmental Corp. and Tyree Service Corp. ("Tyree
entities") were sued by the liquidating trustee of GPMI for recovery of
preferential transfers in the respective amounts of $1,147,154 and $2,479,755.
On March 27, 2014, the bankruptcy liquidating trustee entered into forbearance
agreements with the Tyree entities with respect to the preference actions with
the understanding that the forbearance periods will be extended and the actions
will ultimately be dismissed if the Tyree entities continue to not voluntarily
assist Getty Realty in litigation against GPMI. Management believes that this
recovery of preferential transfers has no merit or basis.
On March 22, 2013 Fleetmatics USA, Inc. brought an action in the Supreme Court
in the State of New York, County of Suffolk against Tyree Equipment Corp. and
Tyree Services Corp. seeking $313,176 plus interest and costs for services
rendered. In June 26, 2013 a default judgment was entered against Tyree
Equipment Corp. and Tyree Services Corp. in the amount of $328,083. On February
24, 2014 All Safe Protection, Inc. brought action against Tyree Holdings, Corp.
and other Tyree entities for services rendered to Tyree in the amount of
$236,818 plus interest and costs. On March 3, 2014 American Express Travel
related Services Company brought suit in the Supreme Court in the State of New
York, County of Nassau against Tyree Holdings Corp. seeking the sum of $142,235
plus interest and cost for unpaid interest and charges. Management is attempting
to finalize settlement agreements for these obligations. Fleetmatics has agreed
to a five year payment plan based on a 60 month payment schedule with a balloon
payment at the end of the third year. American Express has not agreed to a
payment plan and negotiations are ongoing. Management has reached a settlement
agreement with All Safe which provides for monthly payments of less than $5,000
and which releases Tyree Environmental Services from the All Safe claim.
Tyree currently has 93 full-time employees and 3 part time employees, some of
whom are represented by different collective bargaining agreements. Tyree has
unpaid obligations for union dues of approximately $1.2 million. Tyree
management does not dispute that benefits are due and owing to the respective
unions. Labor contracts expired on December 31, 2012 for five of the six
bargaining units. Local 355 has entered into a 36 month payment agreement with
Tyree Services, Inc., to settle Tyree's obligation. The monthly payment is
$20,000 per month until paid in full. Local 200 has agreed to settle its claim
for a $25,000 down payment and monthly payments of $5,000 per month for 28
months. Tyree Services, Inc. will sign the settlement and Tyree Holdings, Inc.
will act as a guarantor. Local 99 has entered into a verbal settlement agreement
with Tyree Services, Inc. calling for monthly payments of $4,000 per month of
which 24 payments remain. Local 138 has entered into a verbal settlement
agreement with Tyree Services, Inc. which calls for monthly payments of $10,000
per month for 18 months. Local 25 has agreed to a continuance of its action
against Tyree while Tyree's counsel and Local 25 counsel draft a settlement
agreement.
A variety of unsecured vendors have filed suit for non-payment of outstanding
invoices totaling approximately $2.8 million as of June 30, 2014, which are
reflected as liabilities on the Company's consolidated balance sheet. Each of
these actions is handled on a case by case basis, with settlement and payment
plans ranging from a few months for smaller claims to up to five years for
larger claims.
Tyree's services are regulated by federal, state and local laws enacted to
regulate discharge of materials into the environment, remediation of
contaminated soil and groundwater or otherwise protect the environment. The
regulations put Tyree or Tyree's predecessor companies at risk for becoming a
party to legal proceedings involving customers or other interested parties. The
issues involved in such proceedings generally relate to alleged responsibility
arising under federal or state laws to remediate contamination at properties
owned or operated either by current or former customers or by other parties who
allege damages.
EPIC SPORTS INTERNATIONAL, INC. ("ESI")
The Company discontinued the operations of ESI, a former subsidiary in 2011.
Concurrently, a license agreement along with a Strategic Alliance Agreement with
Samsung America CT, Inc. ("Samsung") was terminated. The licensor, Volkl, is
seeking a $400,000 royalty payment. ESI has initiated counterclaims against the
various parties, including but not limited to Samsung, seeking damages for,
including but not limited to infringement, improper use of company assets and
breach of fiduciary duty. Volkl was successful in obtaining a judgment against
ESI and a confirmation of the Arbitration is presently pending in Federal Court.
Management believes that this matter and the Frost matter below will eventually
be settled out of court for less than the royalty and damages amounts sought.
On September 28, 2012, Sean Frost ("Frost"), the former President of Epic Sports
International, Inc., filed a complaint to compel arbitration regarding breach of
employment contract and related breach of labor code claims and for an award of
compensatory damages in the Superior Court of the State of California, County of
San Diego against Epic Sports International Inc., Amincor, Inc. and Joseph
Ingrassia (collectively, the "Defendants"). The first cause of action of the
complaint is a petition to compel arbitration for unpaid compensation and
benefits pursuant to Frost's employment agreement. The second cause of action of
the complaint is for breach of contract for alleged non-payment of expenses,
vacation days and assumption of certain debts. The third cause of action of the
complaint is for violation of the California Labor Code for failure to pay wages
due and owing. Frost is seeking among other things, damages, attorneys' fees and
costs and expenses. Frost initiated arbitration proceedings in April 2014. As of
June 30, 2014, the Defendants have answered the complaint and the lawsuit has
been dismissed pending parties' agreement to arbitrate the matter. Defendants
believe that this arbitration has no merit or basis and intend to vigorously
defend.
TULARE FROZEN FOODS, LLC ("TFF")
The City of Lindsay, California has invoiced TFF, a business whose operations
were discontinued in 2011, $533,571 for outstanding delinquent real estate
taxes, including a significant amount for penalties, interest and fees that have
accrued. A settlement proposal, whereby the City of Lindsay would retain TFF's
$206,666 deposit as settlement and release in full of all outstanding
obligations with the City of Lindsay.

14_SUBSEQUENT_EVENTS

14. SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	On July 16, 2014 the Company issued 1,924,242 shares of Class A Voting common
	shares to each of the two officers of the Company for a total of 3,848,484
	valued at $127,000. The Company's Class A shares were valued at $0.033 per
	share, which was the market price for the Company's Class A shares on July 16,
	2014
	The Company has evaluated all other subsequent events up through August 14,
	2014, the date which the financial statements were available to be issued. The
	Company had no other material subsequent events requiring disclosure.

2_ACCOUNTING_POLICIES_POLICIES

2. ACCOUNTING POLICIES (POLICIES)	6 Months Ended
	Jun. 30, 2014
ACCOUNTING POLICIES (POLICIES):	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The accompanying consolidated condensed financial statements of the Company have
	been prepared in accordance with accounting principles generally accepted in the
	United States of America ("GAAP").
PRINCIPLES OF CONSOLIDATION	'
	PRINCIPLES OF CONSOLIDATION
	The consolidated condensed financial statements include the accounts of Amincor
	and all of its consolidated subsidiaries (collectively, the "Company"). All
	intercompany balances and transactions have been eliminated in consolidation.
USE OF ESTIMATES	'
	USE OF ESTIMATES
	The preparation of financial statements in conformity with GAAP requires
	management to make estimates and assumptions that affect the reported amount of
	assets and liabilities and the disclosure of contingent assets and liabilities
	at the date of the financial statements, and the reported amounts of revenues
	and expenses during the reporting periods. Significant estimates include the
	valuation of goodwill and intangible assets, the useful lives of tangible and
	intangible assets, depreciation and amortization of property, plant and
	equipment, allowances for doubtful accounts and inventory obsolescence,
	completion of contracts and loss contingencies on particular uncompleted
	contracts and the valuation allowance on deferred tax assets. Actual results
	could differ from those estimates.
REVENUE RECOGNITION, Policy	'
	REVENUE RECOGNITION
	BPI
	Revenue is recorded net of discounts and is recognized upon the sale of products
	when title to the goods has passed, the price to the customer is fixed and
	determinable, and collection from the customer is reasonably assured. Those
	conditions are typically satisfied when goods are delivered to BPI's shipping
	dock, and are made available for pick-up by the customer, at which point the
	title passes to the customer. Customer sales discounts are accounted for as
	reductions of revenues in the same period the related sales are recorded.
	TYREE
	Maintenance and repair services for several retail petroleum customers are
	performed under multi-year unit price contracts ("Tyree Contracts"). Under these
	agreements, the customer pays a set price per contracted retail location per
	month and Tyree provides a defined scope of maintenance and repair services at
	these locations on an on-call or as scheduled basis. Revenue earned under Tyree
	Contracts is recognized each month at the prevailing rate per location unit
	price. Revenue from other maintenance and repair services is recognized as these
	services are rendered.
	Tyree uses the percentage-of-completion method on construction services,
	measured by the percentage of total costs incurred to date to estimated total
	costs for each contract. This method is used because management considers costs
	to date to be the best available measure of progress on these contracts.
	Provisions for estimated losses on uncompleted contracts are made in the period
	in which overall contract losses become probable. Changes in job performance,
	job conditions and estimated profitability, including those arising from final
	contract settlements, may result in revisions to costs and income. These
	revisions are recognized in the period in which it is probable that the customer
	will approve the variation and the amount of revenue arising from the revision
	can be reliably measured. An amount equal to contract costs attributable to
	claims is included in revenues when negotiations have reached an advance stage
	such that it is probable that the customer will accept the claim and the amount
	can be measured reliably.
	The asset account "Costs and estimated earnings in excess of billings on
	uncompleted contracts," represents revenues recognized in excess of amounts
	billed.
	The liability account, "Billings in excess of cost and estimated earnings on
	uncompleted contracts," represents billings in excess of revenues recognized.
	AWWT
	AWWT provides water remediation and logistics services for its clients. AWWT
	invoices clients based on bills of lading, which specify the quantity and type
	of water treated. Revenue is recognized as water remediation services are
	performed.
ACCOUNTS RECEIVABLE	'
	ACCOUNTS RECEIVABLE
	Accounts receivable represents amounts due from customers and is reported net of
	an allowance for doubtful accounts. The allowance for doubtful accounts is based
	on management's estimate of the amount of receivables that will actually be
	collected after analyzing the credit worthiness of its customers and historical
	experience, as well as the prevailing business and economic environment.
	Accounts are written off when significantly past due and after exhaustive
	efforts at collection. Recoveries of accounts receivables previously written off
	are recorded as income when subsequently collected.
	Tyree's accounts receivable for maintenance and repair services and construction
	contracts are recorded at the invoiced amount and do not bear interest. Tyree,
	BPI, and AWWT extend unsecured credit to customers in the ordinary course of
	business but mitigate the associated risks by performing credit checks and
	actively pursuing past due accounts. Tyree follows the practice of filing
	statutory "mechanics" liens on construction projects where collection problems
	are anticipated.
ALLOWANCE FOR LOAN LOSSES	'
	ALLOWANCE FOR LOAN LOSSES
	The Company performs ongoing credit evaluations of its loans receivable and
	provides an allowance for loan losses based on the payee's credit evaluation,
	current financial condition, and collection history. When it is determined that
	it is more likely than not that the scheduled payments of principal and interest
	under the terms of the loan will not be received when due, an allowance for loan
	losses is established, based upon management's estimate of the amount of the
	loan that will actually be collected.
INVENTORIES,Policy	'
	INVENTORIES
	Inventories are stated at the lower of cost or market using the first-in,
	first-out method. Market is determined based on the net realizable value with
	appropriate consideration given to obsolescence, excessive levels and other
	market factors. An inventory reserve is recorded if the carrying amount of the
	inventory exceeds its estimated market value.
PROPERTY, PLANT AND EQUIPMENT,Policy	'
	PROPERTY, PLANT AND EQUIPMENT
	Property, plant and equipment are stated at cost, less accumulated depreciation
	and amortization. Depreciation is calculated using the straight-line method over
	the estimated useful lives of the respective assets. Leasehold improvements are
	amortized over the lesser of their estimated useful lives or the remaining lease
	terms. Expenditures for repairs and maintenance are charged to operations as
	incurred. Renewals and betterments are capitalized. Upon the sale or retirement
	of an asset, the related costs and accumulated depreciation are removed from the
	accounts and any gain or loss is recognized in the results of operations.
PROPERTY HELD FOR INVESTMENT	'
	PROPERTY HELD FOR INVESTMENT
	Property held for investment consists of property in Pelham Manor, New York. A
	defaulted loan was transferred from a related party with a value of $6,180,000.
	The loan value was written down by $180,000 to $6,000,000. During 2013, the
	Company took title to the property.
GOODWILL AND INTANGIBLE ASSETS	'
	GOODWILL AND INTANGIBLE ASSETS
	Goodwill represents the cost of acquiring a business that exceeds the net fair
	value ascribed to its identifiable assets and liabilities. Goodwill and
	indefinite-lived intangibles are not subject to amortization but are tested for
	impairment annually and whenever events or circumstances change, such as a
	significant adverse change in the economic climate that would make it more
	likely than not that impairment may have occurred. If the carrying value of
	goodwill or an indefinite-lived intangible asset exceeds its fair value, an
	impairment loss is recognized.
IMPAIRMENT OF LONG-LIVED ASSETS	'
	IMPAIRMENT OF LONG-LIVED ASSETS
	The Company reviews long-lived assets for impairment whenever events or changes
	in circumstances indicate that the carrying value of the asset may not be
	recoverable. The Company assesses recoverability by determining whether the net
	book value of the related asset will be recovered through the projected
	undiscounted future cash flows of the asset. If the Company determines that the
	carrying value of the asset may not be recoverable, it measures any impairment
	based on the asset's fair value as compared to the asset's carrying value.
EARNINGS (LOSS) PER SHARE	'
	EARNINGS (LOSS) PER SHARE
	Basic earnings (loss) per share is computed by dividing net income (loss)
	available to common stockholders by the weighted-average number of common shares
	outstanding for the period. Diluted earnings (loss) per share considers the
	potential dilution that could occur if securities or other contracts to issue
	common stock were exercised or could otherwise cause the issuance of common
	stock. Such contracts include stock options and convertible preferred stock
	which when exercised or converted into common stock would cause the issuance of
	common stock that then would share in earnings (loss). Such potential additional
	common shares are included in the computation of diluted earnings per share.
	Diluted loss per share is not computed for the three and six months ended June
	30, 2014 and 2013 because any potential additional common shares would reduce
	the reported loss per share and therefore have an antidilutive effect.
FAIR VALUE MEASUREMENT	'
	FAIR VALUE MEASUREMENT
	Financial instruments and certain non-financial assets and liabilities are
	measured at their fair value as determined based on the assets highest and best
	use. GAAP has established a framework for measuring fair value that is based on
	a hierarchy which requires that the valuation technique used be based on the
	most objective inputs available for measuring a particular asset or liability.
	There are three broad levels in the fair value hierarchy which describe the
	degree of objectivity of the inputs used to determine the fair value. The fair
	value hierarchy is set forth as below:
	Level 1 - inputs to the valuation methodology and quoted prices (unadjusted) for
	identical assets or liabilities in active markets.
	Level 2 - inputs to the valuation methodology include quoted prices for similar
	assets and liabilities in active markets, and inputs that are observable for the
	asset or liability, either directly or indirectly, for substantially the full
	term of the financial instrument.
	Level 3 - inputs to the valuation methodology are unobservable and significant
	to the fair value measurement. They are based on best information available in
	the absence of level 1 and 2 inputs.
	The fair value of all of the Company's financial instruments, which include cash
	and cash equivalents, accounts receivable, accounts payable and debt, are
	approximately the same as their carrying amounts.
SHARE-BASED COMPENSATION, Policy	'
	SHARE-BASED COMPENSATION
	Share-based awards to employees are measured based on their grant date fair
	values and are charged to expenses over the period during which the required
	services are provided in exchange for the award (the vesting period).
	Share-based awards are subject to specific vesting conditions. Compensation cost
	is recognized over the vesting period based on the grant date fair value of the
	awards and the portion of the award that is ultimately expected to vest.
	Non-employee share-based awards are measured at the fair value at the
	performance completion date and are charged to expenses at the service
	completion date.
RECLASSIFICATIONS	'
	RECLASSIFICATIONS
	Certain reclassifications have been made to the accompanying consolidated
	condensed financial statements of prior periods to conform to the current
	period's presentation.

4_ASSETS_AND_LIABILITIES_FROM_

4. ASSETS AND LIABILITIES FROM DISCONTINUED OPERATIONS (TABLE)	6 Months Ended
	Jun. 30, 2014
ASSETS AND LIABILITIES FROM DISCONTINUED OPERATIONS (TABLE):	'
Discontinued operations	'
	The following amounts have been segregated from continuing operations and
	reported as discontinued operations:
	For The Three Months Ended June 30, For The Six Months Ended June 30,
	----------------------------------- ---------------------------------
	2014 2013 2014 2013
	-------- -------- -------- --------
	Results From Discontinued Operations:
	Net revenues from discontinued operations $ -- $ (1,771) $ -- $231,887
	=== === === ===
	Income (loss) from discontinued operations $ (4,444) $ 99,489 $ (1,722) $(81,787)
	=== === === ===
	Assets held for sale (which is recorded separately on the consolidated condensed
	balance sheets) consists of two properties related to the Company's discontinued
	operations, as follows:
	Land and building - California $1,786,433
	Land - New York 300,000
	----------
	$2,086,433
	===
	The following is a summary of the liabilities of the discontinued operations:
	June 30, December 31,
	2014 2013
	---------- ----------
	Accounts payable $3,937,414 $3,945,632
	Accrued expenses and other current liabilities 1,056,033 1,056,033
	---------- ----------
	Total liabilities $4,993,447 $5,001,665
	==== ===
	~

5_INVENTORIES_TABLE

5. INVENTORIES (TABLE)	6 Months Ended
	Jun. 30, 2014
SCHEDULE OF INVENTORIES (TABLE):	'
SCHEDULE OF INVENTORIES (TABLE)	'
	A summary of inventory as of June 30, 2014 and December 31, 2013 is below:
	June 30, December 31,
	2014 2013
	---------- ----------
	Raw materials $1,221,846 $1,316,364
	Ingredients 361,812 254,492
	Finished goods 115,984 72,750
	---------- ----------
	1,699,642 1,643,606
	Inventory reserves 805,442 805,442
	---------- ----------
	Inventories, net $ 894,200 $ 838,164
	==== ===

6_PROPERTY_PLANT_AND_EQUIPMENT1

6. PROPERTY, PLANT AND EQUIPMENT (TABLE)	6 Months Ended
	Jun. 30, 2014
SUMMARY OF PROPERTY, PLANT AND EQUIPMENT (TABLE):	'
SUMMARY OF PROPERTY, PLANT AND EQUIPMENT (TABLE)	'
	As of June 30, 2014 and December 31, 2013, property, plant and equipment
	consisted of the following:
	Useful Lives June 30, December 31,
	(Years) 2014 2013
	------- ------------ ------------
	Land n/a $ 419,656 $ 430,000
	Machinery and equipment 2-10 14,772,022 15,147,163
	Furniture and fixtures 5-10 169,258 169,258
	Building and leasehold improvements 10 3,378,525 3,443,598
	Computer equipment and software 5-7 838,466 838,466
	Property Held for Investment n/a 6,000,000 6,000,000
	Vehicles 3-10 446,693 437,042
	------------ ------------
	26,024,620 26,465,527
	Less accumulated depreciation 8,617,249 8,204,670
	------------ ------------
	$ 17,407,371 $ 18,260,857
	==== ====
	~

8_LONGTERM_DEBT_CONSISTS_OF_TA

8. LONG-TERM DEBT CONSISTS OF (TABLE)	6 Months Ended
	Jun. 30, 2014
LONG-TERM DEBT CONSISTS OF (TABLE):	'
LONG-TERM DEBT CONSISTS OF (TABLE)	'
	Long-term debt consists of the following as of June 30, 2014 and December 31,
	2013:00:00
	June 30, December 31,
	2014 2013
	----------- -----------
	Bridge loan with a commercial bank,
	collateralized by property, plant and
	equipment located in Burlington, Iowa in
	addition to assets purchased, and bearing
	interest at 2.75% above the U.S. Prime Rate
	with a floor of 5.00% and a ceiling of 7.00%.
	The loan matures on September 1, 2014. $2,749,985 $2,749,985
	Promissory note payable, collateralized by
	property located in Pelham, New York. Payable
	in monthly installments of interest only
	bearing an interest rate of 12.00%. The loan
	matures on January 1, 2015 at which time the
	entire unpaid principal amount and all
	accrued interest is fully due and payable. 1,500,273 1,500,273
	Equipment loans payable, collateralized by
	the assets purchased, and bearing interest at
	annual fixed rates ranging from 8.00% to
	15.00% as of June 30, 2014 and December 31,
	2013. The loans matured and are indefault as
	of July 31, 2014 244,405 355,056
	Promissory notes converted from accounts
	payable, with an imputed interest rate of
	10%. Payment terms are from 12 to 36 months 2,825,468 2,884,937
	Promissory notes payable, with accrued
	interest, to three former stockholders of a
	predecessor company. These notes are
	unsecured and are subordinate to the
	Company's senior debt. The notes matured and
	are in default as of June 30, 2014 and bear
	interest at an annual fixed rate of 6.00% 500,000 500,000
	Note payable to insurance company, with
	accrued interest. Payable in monthly
	installments of principal and interest
	through January 2015. The annual interest
	rate is 4.78% 216,028 --
	Note payable to a commercial bank. Payable in
	monthly installments of principal and
	interest through March 2015. The annual
	interest rate is 7.25% 81,089 188,613
	---------- ----------
	Total 8,117,248 8,178,864
	Less current portion 8,117,248 7,957,909
	---------- ----------
	Long-term portion $ -- $ 220,955
	==== ===
	~

9_Loans_from_a_related_party_T

9. Loans from a related party (TABLE)	6 Months Ended
	Jun. 30, 2014
Loans from a related party (TABLE):	'
Loans from a related party (TABLE)	'
	LOANS PAYABLE
	Loans from a related party consist of the following at:
	June 30, December 31,
	2014 2013
	----------- -----------
	Loan and security agreement with Capstone
	Capital Group, LLC which matures on October
	31, 2016 bearing interest at 18% per annum.
	Maximum borrowing of $9,000,000. The loan is
	securd by a subordinated interest in Baker's
	Pride's assets. $ 8,508,145 $ 6,001,021
	Loan and security agreement with Capstone
	Capital Group, LLC which matures on May 15,
	2015 bearing interest at 18% per annum.
	Maximum borrowing of $1,000,000. The loan is
	secured by a subordinated interest in Baker's
	Pride's assets. 425,535 427,069
	Short-term accounts receivable financing
	arrangement with Capstone Business Funding,
	LLC. No maturity date is specified. Interest
	is charged at variable rates based upon
	collection days outstanding. 1,738,706 2,060,730
	Loan and security agreement with Stephen
	Tyree which matures on November 5, 2014
	bearing interest at 5.0% per annum. -- 4,869
	----------- -----------
	Total loans and amounts payable to related
	parties $10,672,386 $ 8,493,689
	==== ====

12_OPERATING_SEGMENTS_INFORMAT

12. OPERATING SEGMENTS INFORMATION (TABLES)	6 Months Ended
	Jun. 30, 2014
OPERATING SEGMENTS INFORMATION (TABLES):	'
Segment Assets	'
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Assets:
	Amincor $ 308,043 $ 362,839
	Other Assets 8,455,504 8,446,271
	AWWT 407,083 354,264
	BPI 11,149,543 11,313,853
	Tyree 5,478,287 8,118,257
	------------ ------------
	Total assets $ 25,798,460 $ 28,595,484
	==== ====
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Goodwill:
	Amincor $ -- $ --
	Other Assets -- --
	AWWT 22,241 22,241
	BPI -- --
	Tyree -- --
	------------ ------------
	Total goodwill $ 22,241 $ 22,241
	==== ====
Segment Goodwill	'
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Goodwill:
	Amincor $ -- $ --
	Other Assets -- --
	AWWT 22,241 22,241
	BPI -- --
	Tyree -- --
	------------ ------------
	Total goodwill $ 22,241 $ 22,241
	==== ====
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Other Intangible Assets:
	Amincor $ -- $ --
	Other Assets -- --
	AWWT -- --
	BPI -- --
	Tyree 851,000 851,000
	------------ ------------
	Total other intangible assets $ 851,000 $ 851,000
	==== ====
Total Other Intangible Assets	'
	June 30, December 31,
	2014 2013
	------------ ------------
	Total Other Intangible Assets:
	Amincor $ -- $ --
	Other Assets -- --
	AWWT -- --
	BPI -- --
	Tyree 851,000 851,000
	------------ ------------
	Total other intangible assets $ 851,000 $ 851,000
	==== ====
Segment Net Revenues (Table)	'
	Three Months Ended June 30, Six Months Ended June 30,
	2014 2013 2014 2013
	------------ ------------ ------------ ------------
	Net Revenues:
	Amincor $ -- $ -- $ -- $ --
	Other Assets -- -- -- --
	AWWT 154,784 97,794 269,287 151,012
	BPI 1,061,411 237,301 2,268,707 292,109
	Tyree 4,903,897 6,709,459 9,923,774 13,569,480
	------------ ------------ ------------ ------------
	Net revenues $ 6,120,092 $ 7,044,554 $ 12,461,768 $ 14,012,601
	==== ==== ==== ====
Segment Income (Loss) before Provision For Income Tax	'
	Income (loss) before Provision
	for Income Taxes:
	Amincor $ (674,422) $ (907,451) $ (1,765,680) $ (1,998,713)
	Other Assets (113,813) 161,540 (183,643) 131,414
	AWWT 29,903 (40,293) (13,517) (86,766)
	BPI (1,330,231) (1,278,950) (2,583,219) (2,443,048)
	Tyree 17,953 59,829 (387,239) 87,986
	------------ ------------ ------------ ------------
	Income (loss) before Provision
	for Income Taxes $ (2,070,610) $ (2,005,325) $ (4,933,298) $ (4,309,127)
	==== ==== ==== ====
Segment Depreciation of Property and equipment	'
	Depreciation of Property and Equipment:
	Amincor $ -- $ -- $ -- $ --
	Other Assets -- -- -- --
	AWWT 12,225 11,817 24,450 23,635
	BPI 298,972 294,174 595,332 588,475
	Tyree 116,355 162,645 241,275 313,870
	------------ ------------ ------------ ------------
	Total depreciation of property and equipment $ 427,552 $ 468,636 $ 861,057 $ 925,980
	==== ==== ==== ====
SEGMENT OF INTEREST EXPENSE (TABLE)	'
	Interest Expense - net:
	Amincor $ (88,611) $ (65,852) $ (131,868) $ (124,615)
	Other Assets 35,000 (10,000) 70,000 (17,247)
	AWWT -- (18) -- --
	BPI 423,926 198,707 758,981 329,088
	Tyree 540,143 130,921 979,844 283,069
	------------ ------------ ------------ ------------
	Total interest expense, net $ 910,458 $ 253,758 $ 1,676,957 $ 470,295
	==== ==== ==== ====

Recovered_Sheet1

1. Organization and Nature of Business Textuals (Details) (USD $)	Dec. 19, 2013	Apr. 30, 2013
ORGANIZATION AND NATURE OF BUSINESS:	'	'
Other Assets Sold - facility located in Allentown Pennsylvania, square foot	'	$360,000
Property was sold for value	'	500,000
Net sale proceeds (net of outstanding taxes and costs due and owing on the property)	'	232,497
Promissory note executed against property located in Pelham Manor, New York	1,500,000	'
Calls for interest payments per month of	$15,000	'
Note carries interest rate p.a. and is due on Jan.1, 2015	12.00%	'

3_Going_concern_Details

3. Going concern (Details) (USD $)	Jun. 30, 2014
Going concern,	'
Working capital deficit	$38,380,774
Equity Deficit	($18,054,784)

4_Results_From_Discontinued_Op

4. Results From Discontinued Operations (DETAILS) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Results From Discontinued Operations:	'	'	'	'
Net revenues from discontinued operations	'	($1,771)	'	$231,887
Loss from discontinued operations Details	($4,444)	$99,489	($1,722)	($81,787)

4_Summary_Of_Assets_And_Liabil

4. Summary Of Assets And Liabilities Discontinued Operations (DETAILS) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Summary Of Assets And Liabilities:	'	'
Accounts payable Discontinued Operations	$3,937,414	$3,945,632
Accrued expenses and other current liabilities Discontinued Operations	1,056,033	1,056,033
Total liabilities Discontinued Operations	4,993,447	5,001,665
Land and building - California	1,786,433	'
Land - New York	300,000	'
Assets held for sale	$2,086,433	'

5_Inventory_Total_DETAILS

5. Inventory Total (DETAILS) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Inventory Total DETAILS	'	'
Raw materials	$1,221,846	$1,316,364
Ingredients	361,812	254,492
Finished goods	115,984	72,750
Inventories,Gross	1,699,642	1,643,606
Inventory reserves	805,442	805,442
Inventoriy, net	$894,200	$838,164

6_PROPERTY_PLANT_AND_EQUIPMENT2

6. PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Property, plant and equipment, net	'	'
Land,	$419,656	$430,000
Machinery and equipment Life 2-10 years	14,772,022	15,147,163
Furniture and fixtures Life 5 -10years	169,258	169,258
Building and leasehold improvements Life10 years	3,378,525	3,443,598
Computer equipment and software Life 5-7 years	838,466	838,466
Property Held for Investment.	6,000,000	6,000,000
Vehicles Life 3-10 years	446,693	437,042
Property Gross	26,024,620	26,465,527
Less accumulated depreciation	8,617,249	8,204,670
Property net details	$17,407,371	$18,260,857

6_Property_Accumulated_Depreci

6. Property Accumulated Depreciation (DETAILS) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Property Accumulated Depreciation DETAILS	'	'
Total depreiation relating to continuing operations	$861,057	$925,980

Recovered_Sheet2

7. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES TEXTUALS (DETAILS) (USD $)	Jun. 30, 2014
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES TEXTUALS	'
Tyree estimates that its outstanding payroll tax liability, including penalties and interest, is	$2,400,000
Tyree estimates that its outstanding sales tax liability, including penalties and interest, is	$1,500,000

8_Longterm_portion_of_Loans_An

8. Long-term portion of Loans And Notes Payable (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Long-term portion of Loans And Notes Payable	'	'
Bridge loan with commercial bank, collateralized by property, plant and equipment	$2,749,985	$2,749,985
Promissory note payable, collateralized by property located in Pelham	1,500,273	1,500,273
Equipment loans payable, collateralized by the assets purchased, and bearing interest at annual fixed rates ranging from 8.00% to 15.00%	244,405	355,056
Promissory notes converted from accounts payable	2,825,468	2,884,937
Promissory notes payable, with accrued interest, to three former stockholders	500,000	500,000
Note payable to insurance company, with accrued interest	216,028	'
Note payable to a commercial bank. Payable in monthly installments of principal and interest	81,089	188,613
Total Loans And Notes Payable	8,117,248	8,178,864
Less current portion of Loans And Notes Payable	8,117,248	7,957,909
Long-term portion of Loans And Notes Payable	'	$220,955

8_Debt_Interest_rates_DETAILS

8. Debt Interest rates (DETAILS)	Jun. 30, 2014
Interest rates	'
Annual fixed rates on Equipment Loans Minimum	8.00%
Annual fixed rates on Equipment Loans Maximum	15.00%
Promissory Note payable - interest at an annual fixed rate	12.00%
Note payable - interest rate annual	4.78%
Bridge Loan - Prime Rate with a floor rate of	5.00%
Bridge Loan -Rate of interest	2.75%
Bridge Loan - Prime Rate with a floor rate of 5% and bearing interest at 2.75% above the U.S.ceiling of	7.00%
Promissory Note payable - interest at an annual rate	10.00%

9_Related_Parties_Transactions

9. Related Parties Transactions (DETAILS) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Related Parties Transactions DETAILS	'	'
Loan and security agreement with Capstone Capital Group, LLC which expires on Oct 31, 2106	$8,508,145	$6,001,021
Loan and security agreement with Capstone Capital Group, LLC which expires on May 15, 2015	425,535	427,069
Short-term accounts receivable financing arrangement with Capstone Business Funding, LLC. No maturity date is specified. Interest is charged at variable rates based upon collection days outstanding.	1,738,706	2,060,730
Loan and security agreement with Stephen Tyree which matures on November 5, 2014 bearing interest at 5.0% per annum	'	4,869
Total loans and amounts payable to related parties	$10,672,386	$8,493,689

9_Related_Parties_Transactions1

9. Related Parties Transactions Interest expenses (DETAILS) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Related Parties Transactions Interest expenses	'	'
Interest expenses on the loans from related parties	$1,302,748	$351,724

9_Related_Parties_Transactions2

9. Related Parties Transactions Management Fees (DETAILS) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Related Parties Transactions Management Fees	'	'	'
Company earned Management fees from Capstone Capital Funding Group LLc, totaling to	$150,000	$90,000	'
Accrued management fees remained unpaid.	$125,000	'	$0

Recovered_Sheet3

10. Shares of common stock issued (Details) (USD $)	Jan. 09, 2014
Shares of common stock issued	'
Shares of Class A Voting common shares issued to certain officers of the company	1,083,332
Consideration for the shares issued to officers	$130,000
Market price and per share value of class A shares on the date of issue	$0.12

11_Share_based_compensation_te

11. Share based compensation textuals (Details)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Share based compensation textuals	'	'
Issue of Class A Common stock to certains officers of the company	1,190,000	774,000

12_Segments_Total_Assets_DETAI

12. Segments Total Assets (DETAILS) (USD $)	Jun. 30, 2014	Dec. 31, 2013
TOTAL ASSETS:	'	'
Amincor assets	$308,043	$362,839
Other segments Assets	8,455,504	8,446,271
AWWT assets	407,083	354,264
BPI assets	11,149,543	11,313,853
Tyree assets	5,478,287	8,118,257
TOTAL ASSETSassets	$25,798,460	$28,595,484

12_Segments_Goodwill_DETAILS

12. Segments Goodwill (DETAILS) (USD $)	Jun. 30, 2014	Dec. 31, 2013
TOTAL GOODWILL:	'	'
Amincor Goodwill	'	'
Other Assets Goodwill	'	'
AWWT Assets Goodwill	22,241	22,241
BPI Goodwill	'	'
Tyree Goodwill	'	'
TOTAL GOODWILL	$22,241	$22,241

12_Segments_Intangible_Assets_

12. Segments Intangible Assets (DETAILS) (USD $)	Jun. 30, 2014	Dec. 31, 2013
TOTAL INTANGIBLE ASSETS:	'	'
Amincor Intangible Assets	'	'
Other Assets Intangible Assets	'	'
AWWT Intangible Assets	'	'
BPI Intangible Assets	'	'
Tyree Intangible Assets	851,000	851,000
TOTAL INTANGIBLE ASSETS	$851,000	$851,000

12_Segments_Net_Revenues_DETAI

12. Segments Net Revenues (DETAILS) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
NET REVENUES:	'	'	'	'
Amincor Net Revenues	'	'	'	'
Other Assets Net Revenues	'	'	'	'
AWWT Net Revenues	154,784	97,794	269,287	151,012
BPI Net Revenues	1,061,411	237,301	2,268,707	292,109
Tyree Net Revenues	4,903,897	6,709,459	9,923,774	13,569,480
NET REVENUES.	$6,120,092	$7,044,554	$12,461,768	$14,012,601

12_Segments_Income_Loss_DETAIL

12. Segments Income Loss (DETAILS) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES:	'	'	'	'
Amincor Income Loss	($674,422)	($907,451)	($1,765,680)	($1,998,713)
Other Assets Income Loss	-113,813	161,540	-183,643	131,414
AWWTIncome Loss	29,903	-40,293	-13,517	-86,766
BPI Income Loss	-1,330,231	-1,278,950	-2,583,219	-2,443,048
Tyree Income Loss	17,953	59,829	-387,239	87,986
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	($2,070,610)	($2,005,325)	($4,933,298)	($4,309,127)

12_Depreciation_Of_Property_An

12. Depreciation Of Property And Equipment (DETAILS) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
DEPRECIATION OF PROPERTY AND EQUIPMENT:	'	'	'	'
Amincor Depreciation	'	'	'	'
Other Assets Depreciation	'	'	'	'
AWWT Depreciation	12,225	11,817	24,450	23,635
BPI Depreciation	298,972	294,174	595,332	588,475
Tyree Depreciation	116,355	162,645	241,275	313,870
TOTAL DEPRECIATION OF PROPERTY AND EQUIPMENT	$427,552	$468,636	$861,057	$925,980

12_Interest_Income_Expense_DET

12. Interest Income Expense (DETAILS) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
INTEREST (INCOME) EXPENSE:	'	'	'	'
Amincor Interest Expense	($88,611)	($65,852)	($131,868)	($124,615)
Other Assets Interest Expense	35,000	-10,000	70,000	-17,247
AWWT Interest Expense	'	-18	'	'
BPI Interest Expense	423,926	198,707	758,981	329,088
Tyree Interest Expense	540,143	130,921	979,844	283,069
TOTAL INTEREST EXPENSE, NET	$910,458	$253,758	$1,676,957	$470,295

CONTINGENCIES_DETAILS

CONTINGENCIES (DETAILS) (USD $)	Jun. 30, 2014	Apr. 04, 2014	Dec. 31, 2013	Sep. 30, 2011
CONTINGENCIES DETAILS	'	'	'	'
Pre-petition receivable of Tyree	'	'	'	$1,515,401
Post petition Administrative claim.	'	'	'	593,709
Tyree sold its general and administrative claims to a third party for the aggregate sum of	'	553,662	'	'
Tyree Environmental Corp. Was sued by liquidating trustee of GPMI for recovery of preferential transfers	'	'	1,147,154	'
Tyree Service Corp. ("Tyree entities") was sued by liquidating trustee of GPMI for recovery of preferential transfers	'	'	2,479,755	'
Tyree has unpaid obligations for union dues of approximately	1,200,000	'	'	'
Local 200 monthly payments for 28 months	5,000	'	'	'
Local 99 has entered into a verbal settlement agreement with Tyree Services, Inc. calling for monthly payments of which 24 payments remain.	4,000	'	'	'
Local 138 has entered into a verbal settlement agreement with Tyree Services, Inc. which calls for monthly payments for 18 months	10,000	'	'	'
A variety of unsecured vendors have filed suit for non-payment of outstanding invoices totaling approximately	2,800,000	'	'	'
City of Lindsay would retain TFF's deposit as settlement and release in full of all outstanding obligations was sent to the City of Lindsay for review	$206,666	'	'	'