AMERICAN POWER 8-K Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

American Power Group Corporation

Exhibit 99

Recast selected information from the Condensed Consolidated Statements of Operations as filed in Form 10-Q for the period ended:

	Three Months Ended December 31, 2013
	As Reported			Adjustment			Adjusted
Non operating expense:
Revaluation of warrants	$	—		$	(324,021	)	$	(324,021	)
Non operating expense, net	(73,569		)	(324,021		)	(397,590		)
Net loss	(163,574		)	(324,021		)	(487,595		)
Net loss available to Common Stockholders	(408,613		)	(324,021		)	(732,634		)

	Three Months Ended March 31, 2014									Six Months Ended March 31, 2014
	As Reported			Adjustments			Adjusted			As Reported			Adjustments			Adjusted
Non operating expense:
Revaluation of warrants	$	—		$	(9,037,731	)	$	(9,037,731	)	$	—		$	(9,361,752	)	$	(9,361,752	)
Non operating expense, net	(70,023		)	(9,037,731		)	(9,107,754		)	(143,592		)	(9,361,752		)	(9,505,344		)
Net loss	(655,526		)	(9,037,731		)	(9,693,257		)	(819,100		)	(9,361,752		)	(10,180,852		)
Net loss available to Common Stockholders	$	(890,973	)	$	(9,037,731	)	$	(9,928,704	)	$	(1,299,586	)	$	(9,361,752	)	$	(10,661,338	)

	Three Months Ended June 30, 2014							Nine Months Ended June 30, 2014
	As Reported			Adjustments		Adjusted		As Reported			Adjustments			Adjusted
Non operating (expense) income:
Revaluation of warrants	$	—		$	8,559,943	$	8,559,943	$	—		$	(801,809	)	$	(801,809	)
Non operating (expense) income, net	(65,087		)	8,559,943		8,494,856		(208,679		)	(801,809		)	(1,010,488		)
Net (loss) income	(683,662		)	8,559,943		7,876,281		(1,502,762		)	(801,809		)	(2,304,571		)
Net (loss) income available to Common Stockholders	$	(925,991	)	$	8,559,943	$	7,633,952	$	(2,225,577	)	$	(801,809	)	$	(3,027,386	)

Recast selected information from the Consolidated Statements of Operations as filed in Form 10-K for the period ended:

	Year Ended September 30, 2014
	As Reported			Adjustment		Adjusted
Non operating (expense) income:
Revaluation of warrants	$	—		$	2,330,048	$	2,330,048
Non operating (expense) income, net	(302,984		)	2,330,048		2,027,064
Net (loss) income	(2,291,936		)	2,330,048		38,112
Net loss available to Common Stockholders	(3,250,114		)	2,330,048		(920,066		)

Recast selected information from the Consolidated Statements of Operations as filed in Form 10-Q for the period ended:

	Three Months Ended December 31, 2014
	As Reported			Adjustment			Adjusted
Non operating (expense) income:
Revaluation of warrants	$	—		$	4,487,006		$	4,487,006
Non operating (expense) income, net	(96,653		)	4,487,006			4,390,353
Net (loss) income	(862,703		)	4,487,006			3,624,303
Series B, 10% Convertible Preferred stock beneficial conversion feature	(255,193		)	(139,438		)	(394,631		)
Net (loss) income available to Common Stockholders	(1,383,220		)	4,347,568			2,964,348

American Power Group Corporation

Recast selected information from the Condensed Consolidated Balance Sheets as filed in Form 10-Q for the period ended:

	As of December 31, 2013									As of March 31, 2014
	As Reported			Adjustments			Adjusted			As Reported			Adjustments			Adjusted
Liabilities:
Warrant liability	$	—		$	10,850,223		$	10,850,223		$	—		$	18,225,661		$	18,225,661
Total liabilities	4,360,237			10,850,223			15,210,460			4,705,246			18,225,661			22,930,907
Stockholders' equity (deficit):
Additional paid-in capital	66,697,958			(10,526,202		)	56,171,756			66,824,501			(8,863,909		)	57,960,592
Accumulated deficit	(61,720,277		)	(324,021		)	(62,044,298		)	(62,611,250		)	(9,361,752		)	(71,973,002		)
Total stockholders' equity (deficit)	5,464,816			(10,850,223		)	(5,385,407		)	4,716,985			(18,225,661		)	(13,508,676		)
	$	9,825,053		$	—		$	9,825,053		$	9,422,231		$	—		$	9,422,231

	As of June 30, 2014
	As Reported			Adjustments			Adjusted
Liabilities:
Warrant liability	$	—		$	9,628,858		$	9,628,858
Total liabilities	5,675,983			9,628,858			15,304,841
Stockholders' equity (deficit):
Additional paid-in capital	66,938,230			(8,827,049		)	58,111,181
Accumulated deficit	(63,537,241		)	(801,809		)	(64,339,050		)
Total stockholders' equity (deficit)	3,907,089			(9,628,858		)	(5,721,769		)
	$	9,583,072		$	—		$	9,583,072

Recast selected information from the Consolidated Balance Sheets as filed in Form 10-K for the period ended:

	As of September 30, 2014
	As Reported			Adjustments			Adjusted
Liabilities:
Warrant liability	$	—		$	6,497,001		$	6,497,001
Total liabilities	5,499,481			6,497,001			11,996,482
Stockholders' equity (deficit):
Additional paid-in capital	67,075,152			(8,827,049		)	58,248,103
Accumulated deficit	(64,561,778		)	2,330,048			(62,231,730		)
Total stockholders' equity (deficit)	3,021,666			(6,497,001		)	(3,475,335		)
	$	8,521,147		$	—		$	8,521,147

Recast selected information from the Condensed Consolidated Balance Sheets as filed in Form 10-Q for the period ended:

	As of December 31, 2014
	As Reported			Adjustments			Adjusted
Liabilities:
Warrant liability	$	—		$	2,704,626		$	2,704,626
Total liabilities	5,554,127			2,704,626			8,258,753
Stockholders' equity:
Additional paid-in capital	69,410,819			(9,382,242		)	60,028,577
Accumulated deficit	(65,944,998		)	6,677,616			(59,267,382		)
Total stockholders' equity	3,978,299			(2,704,626		)	1,273,673
	$	9,532,426		$	—		$	9,532,426