ASSETS	June 30, 2019 Unaudited			December 31, 2018 Audited
Current Assets
Cash	$	55,625		$	67,707
Accounts receivable on completed projects		140,811			105,187
Costs and estimated earnings on contracts in progress		52,829			184,212
Inventory		61,997			53,950
Prepaid expenses and discounts on debt		32,445
Total Current Assets	$	343,707		$	411,056
Fixed Assets
Vehicles, office furniture & equipment – net of accumulated depreciation		32,172			36,538
Other Assets
Investment in long term leases		4,234			10,512
Security deposits		2,700			2,700
Total Other Assets		6,934			13,212
Total Assets	$	382,813		$	460,806


LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable and accrued expenses	$	376,558		$	549,611
Excess billing on contracts in progress		303,317			85,777
Convertible note payable, net		196,817			189,680
Derivative liability on convertible debentures		-			74,848
Notes payable – merchant loans		48,711			53,362
Note payable – non-affiliate		40,301			49,563
Notes payable – related parties		188,054			169,549
Current portion of long term debt		7,582			7,628
Total Current Liabilities		1,161,340			1,180,018

Long term debt, net of current portion		15,066			18,670
Total Liabilities		1,176,406			1,198,688

Commitments and contingencies		0			0

Stockholders’ Deficit:
Preferred stock, 100,000,000 shares authorized, $0.001 par value, and 30,000,000 shares issued and outstanding at June 30, 2019 and 30,000,000 at December 31, 2018.		30,000			30,000
Common stock 5,000,000,000 shares authorized, $0.001 value, and 63,392,630 Issued and outstanding at June 30, 2019 and 32,756,289 outstanding at December 31, 2018, respectively.		63,393			31,886
Common shares sold not issued -0- at June 30, 2019 and 870,000 at December 31, 2018		0			870
Additional paid-in capital		4,889,205			4,379,793
Accumulated deficit		(5,776,191	)		(5,180,431
Total Stockholders’ Deficit		(793,593	)		(737,882	)
Total Liabilities and Stockholders’ Deficit	$	382,813		$	460,806

See accompanying notes to the unaudited consolidated financial statements.

	For the Three Months Ended						For the Six Months Ended
	JUNE 30, 2019			JUNE 30, 2018			JUNE 30, 2019			JUNE 30, 2018

Revenues	$	459,616		$	558,726		$	1,113,626		$	1,081,021

Cost of Sales		268,662			417,882			678,886			746,260

Gross Profit		190,954			140,844			434,740			334,761

Operating Expenses:
Payroll		133,272			73,023			213,589			143,710
Payroll taxes		14,652			35,671			34,188			37,076
Consulting		12,413			31,231			24,537			33,699
Professional fees		44,315			46,765			75,432			52,945
Rent		9,194			9,833			17,775			18,945
Insurance		19,111			8,839			36,888			16,824
Other selling and administrative expenses		7,848			49,581			99,457			111,680
Total operating expense		240,805			254,943			501,866			414,879

Net income (Loss) from operations		(49,851	)		(114,099	)		(67,126	)		(80,118	)

Other expenses
Interest on notes payable		(27,074	)		(28,272	)		(105,988	)		(36,746	)
Loss on note issuance derivatives					(36,230	)					(36,230	)
Change in Derivative Gain (Loss)		-			74,905			(177,934	)		63,793
Finance Fees – derivatives					(118,577	)					(125,384	)
Derivative amortization - interest expense					(38,953	)					(38,953	)
Gain (Loss) on extinguishment of debt								(244,712	)		39,355
Total other expenses		(27,074	)		(147,127	)		(528,634	)		(134,165	)

Net income (Loss) before provision for income taxes		(76,925	)		(261,226	)		(595,760	)		(214,283	)

Provision for income tax		-			-			-			-

Net income (loss)	$	(76,925	)	$	(261,226	)	$	(595,760	)	$	(214,283	)

Net income (loss) Per Share (Basic and Fully Diluted)	$	(.00	)	$	(.01	)	$	(.01	)	$	(.01	)

Weighted average number of common shares used in the calculation		47,817,667			27,852,317			48,074,460			25,961,483

See accompanying notes to the ~~unaudited~~ consolidated financial ~~statements~~

Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

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Level 2: Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3: Unobservable inputs reflecting the Company’s assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available.

The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts payable and accrued expenses, approximate their fair values because of the current nature of these instruments. Debt approximates fair value based on interest rates available for similar financial arrangements. Derivative liabilities which have been bifurcated from host convertible debt agreements are presented at fair value.

Derivative Financial Instruments

Fair value accounting requires bifurcation of embedded derivative instruments such as convertible features in convertible debts or equity instruments, and measurement of their fair value for accounting purposes. In determining the appropriate fair value, the Company uses the binomial option-pricing model. In assessing the convertible debt instruments, management determines if the convertible debt host instrument is conventional convertible debt and further if there is a beneficial conversion feature requiring measurement. If the instrument is not considered conventional convertible debt, the Company will continue its evaluation process of these instruments as derivative financial instruments.

Once determined, derivative liabilities are adjusted to reflect fair value at each reporting period end with any increase or decrease in the fair value being recorded in results of operations as an adjustment to fair value of derivatives. In addition, the fair value of freestanding derivative instruments, such as warrants, are also valued using the binomial option-pricing model.

Stock-Based Compensation

The Company accounts for employee and non-employee stock awards under ASC 718, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable.

Effects of Recently Issued Accounting Pronouncements

The Company has reviewed all recently issued accounting pronouncements noting that they do not affect the financial statements.

Per Share Computations

Basic net earnings per share are computed using the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the weighted-average number of common shares and the dilutive potential common shares outstanding during the period. All shares were considered anti-dilutive at December 31, 2018. Potentially dilutive share issues are: 1) all unissued common shares sold, the convertible debentures are dilutive, 2) all convertible debentures have a possibility of a large number of shares being issued and would result in a larger number of shares issued if the price remains low, 3) the preferred stock of the company held by insiders is convertible into common shares and the preferred stock is voted on a 20 to 1 basis. All of the above are potential dilutive items.

Reclassification

Certain reclassifications have been made to conform to prior periods’ data to the current presentation. These reclassifications had no effect on reported income.

Note 3 – Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and marketing. AsThe Company incurred a ~~result,~~net loss of $(595,760), the ~~Company incurred~~net cash flow used in operations was $98,823 and its accumulated net losses from inception through the period ended ~~September~~June 30, ~~2017 of $(4,260,988),~~2019 is $5,776,191, which raises substantial doubt about the Company’s ability to continue as a going concern. In addition, the Company’s development activities since inception have been financially sustained through capital contributions from shareholders.

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The ability of the Company to continue as a going concern is dependent upon its ability to raise additional capital from the sale of common stock or through debt financing and, ultimately, the achievement of significant operating revenues. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts ~~or amounts~~ and classification of liabilities that might result from this uncertainty.

Note 4 – Warranties of the Company

ABCO Energy provides a five and ten year workmanship warranties for installed systems that cover labor and installation matters only. All installed products are warranted by the manufacturer. In the last four years of operations, all claims on workmanship have been handled expeditiously and inexpensively by the company. Management does not consider the warranties as a significant or material risk and therefore there is no reserve.

Note 5 – Accounts Receivable and Work in Process

Accounts receivable as of June 30, 2019 and 2018, consists of the following:

Description	June 30, 2019		December 31, 2018
Accounts receivable on completed contracts	$	140,811	$	105,187
Costs and estimated earnings on contracts in progress		52,829		184,212
Total	$	193,640	$	289,399

Work in process consists of costs recorded and revenue earned on projects recognized on the percentage of completion method for work performed on contracts in progress at June 30, 2019 and 2018. The company records contracts for future payments based on contractual agreements entered into at the inception of construction contracts. Amounts are payable from customers based on milestones established in each contract. Amounts are billed in advance and unearned profits are netted against the billed amounts such that accounts receivable reflect current amounts due from customers on completed projects and amounts earned on projects in process are reflected in the balance sheet as costs and estimated earnings in excess of billings on contracts in progress.

Billings in excess of costs and earnings were $303,317 at June 30, 2019 and $85,777 at December 31, 2018.

Note 6 – Inventory

Inventory of construction supplies not yet charged to specific projects was ~~$43,137~~$61,996 at June 30, 2019 and ~~$46,701~~$53,950 as of ~~September 30, 2017 and~~ December 31, ~~2016, respectively.~~2018. The Company values items of inventory at the lower of cost or market and uses the first in first out method to charge costs to jobs.

The Company has established a valuation reserve of 10% of the value of inventory after write downs for obsolescence.

Note 7 – Security deposits and Long Term Commitments

The Company has paid security deposits on the rented spaces it occupies for offices and warehouse which total $2,700 on June 30, 2019 and December 31, 2018.

On May 1, 2014, the Company rented office and warehouse space at 2100 N. Wilmot #211, Tucson, Arizona 85712. This facility consists of 3,600 square feet. The Company now has a one year lease with monthly rent of $2,770 which was renewed on November 1, 2018 to a term of one year. ABCO has a forward commitment of $11,081.

Note 8 – Alternative Energy Finance Corporation (AEFC)

AEFC is a wholly owned subsidiary of ABCO Energy. AEFC provides funding for leases of photovoltaic systems and finances its own leases from its own cash. Long term leases recorded on the consolidated financial statements were $4,234 at June 30, 2019 and $10,512 at December 31, 2018. During the quarter ended March 31, 2019 one of the leases paid in full as the owner’s property was sold.

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Note 5 9 – Property and equipment

The Company has acquired all its office and field work equipment with cash payments and financial institution loans. The total fixed assets consist of vehicles, office furniture, tools and various equipment items and the totals are as follows:

Asset	June 30, 2019			December 31, 2018
Equipment	$	120,267		$	119,343
Accumulated depreciation		(88,095	)		(82,805	)
Net Fixed Assets	$	32,172		$	36,538

Depreciation expenses for the periods ended June 30, 2019 and June 30, 2018 was $5,290 and $8,120 respectively.

Note 10 – Notes Payable – Officers ~~Directors~~ and Related ~~Parties~~

Related party loans are demand notes totaling $182,363 and $177,347, respectively, as of September 30, 2017 and December 31, 2016. These notes provide for interest at 12% per annum and are unsecured. Other related party notes totaled $61,311 at September 30, 2017 for loans from a person who is neither an officer or director.

Party Transactions

Related party notes payable as of ~~September~~June 30, ~~2017and~~2019 and December 31, ~~2016~~2018 consists of the following:

Description September 30, 2017 December 31, 2016
Notes payable – Director bearing interest at 12% per annum, unsecured, demand notes. $ 60,000 $ 60,000
Note payable - Officer bearing interest at 12% per annum, unsecured, demand note 61,052 53,501
Note payable – other bearing interest at 12% per annum, unsecured, demand note. 61,311 63,846
Total $ 182,363 $ 177,347

Description	June 30, 2019		December 31, 2018
Notes payable – Director bearing interest at 12% per annum, unsecured, demand notes.	$	60,000	$	60,000
Note payable - Officer bearing interest at 12% per annum, unsecured, demand note		61,052		61,052
Note payable – other bearing interest at 12% per annum, unsecured, demand note.		67,002		48,497
Total	$	188,054	$	169,549

The first note in the amount of $60,000 provides for interest at 12% per annum and is unsecured. This note ~~has~~resulted in an interest charge of $32,450 accrued and unpaid ~~interest charge of $25,287 and $19,876~~ at ~~September~~June 30, ~~2017 and December 31, 2016, respectively.~~

2019.

The second note ~~was increased by another loan in February 2017 in the amount~~has a current balance of ~~$4,200.~~$61,052 as of June 30, 2019. The note is an unsecured demand note and bears interest at 12% per annum. This note ~~has~~resulted in an interest charge of $23,694 accrued and unpaid ~~interest charge of $10,888 and $5,812~~ at ~~September~~June 30, ~~2017 and December 31, 2016, respectively.~~

2019.

The third note is from a related party and has a current balance of ~~$61,311~~$67,002 as of ~~September~~June 30, ~~2017 which changes with credit card transactions during each period.~~2019. The note is an unsecured demand note and bears interest at 12% per annum. This note ~~has~~resulted in an accumulated interest charge of $22,663 accrued and unpaid ~~interest charge of $10,852 and $5,254~~ at ~~September~~June 30, ~~2017 and December 31, 2016 respectively.~~

2019.

Note 611 – Short Term Notes Payable

Description September 30, 2017 December 31, 2016
Merchant Note payable to Web Bank, borrowed 2-1-16, bearing interest at 23% per annum, unsecured. (1) $ 71,782 $ 82,323
Merchant Note payable to Quarterspot Lending, borrowed 6-27-16, bearing interest at 31% per annum, unsecured. (2) 26,484 40,474
Merchant note payable to Pearl Capital Funding, borrowed 7-12-16, bearing interest at 29% per annum, unsecured. (3) 6,697 27,545
Total $ 104,963 $ 150,342

Description	June 30, 2019		December 31, 2018
Private money loan from Perfectly Green Corporation, borrowed 1-22-18, bearing interest at 3% per annum, unsecured (3) demand note-Original balance $60,000, current balance	$	40,301	$	49,563
Knight Capital Funding, LLC, borrowed 1-30-19, bearing interest at 23% per annum, unsecured		48,711		-
Total	$	89,012	$	49,563

(1) On ~~February 1, 2016,~~January 22, 2018 the Company ~~financed operations~~borrowed $60,000 from Perfectly Green Corporation, a Texas corporation. The Company repaid $19,699 prior to June 30, 2019. The note bears interest at 3% per annum and is payable upon demand after 60 days’ notice which can be requested at any time after May 31, 2018.

(2) On January 30, 2019 the Company borrowed $153,092 including principal and interest from Knight Capital Funding, LLC, [“KCF”] bearing interest at 23% per annum, unsecured. The balance and accrued interest at June 30, 2019 was $48,711. This loan was paid in full on August 10,2019 and replaced with a new loan of $144,900 from KCF. See Note 14 below.

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During May 2018, the Company authorized a Series C Preferred Stock and has sold three issuances for cash to Power Up Lending Group Ltd as shown in the table below. The Series C Preferred Stock has no voting rights and is subordinate to the Series B Preferred Stock. The Series C Preferred Stock is convertible into common stock after 6 months at the option of the Holder. The conversion into common stock shares is determined by the use of the lowest price of the trading common stock in a 20 day period prior to the elected date to convert. The price is determined by the discount rate of 35% of the lowest price to determine the number of shares. The Series C Preferred is classified as a liability on the Balance Sheet because it is mandatorily redeemable after its 15 month term if not fully converted by that date. The classification of this investment as a liability on the balance sheet will also require a calculation of a derivative liability on future statements.

Name of Holder	Date of issuance		Date of maturity		Amount of issuance
Power Up Lending Group, LTD		5-7-18		11-7-18	$	78,000
Power Up Lending Group, LTD		7-6-18		1-6-19	$	68,000
Power Up Lending Group, LTD		8-24-18		2-24-19	$	73,000
Total amount sold					$	219,000
Conversions during 2018						29,320
Balance on Preferred Stock Series C liability at December 31, 2018					$	189,680

Effective as of September 2, 2018 Redstart Holdings Corp. (“RHC”) acquired from Power Up Lending Group Ltd., all of the $219,000 Series C Preferred Stock of ABCO Energy, Inc. owned by Power-Up for a one year promissory note from RHC for the principal amount of $328,500 plus interest at 8% per annum pursuant to a Stock Purchase Agreement dated October 31, 2018 (“SPA”). The Company agreed to the transactions contemplated by the SPA.

During the quarter ended March 31, 2019, the Company redeemed from Redstart 68,000 shares and 73,000 shares, respectively, of the Series C Preferred and retired these shares. Redstart converted all of the 78,000 Series C Preferred into common shares in 2018 and 2019. The balance of this note at June 30, 2019 was $-0- and it was $48,680 at December 31, 2018 all of which was converted into common shares during January 2019.

Note 12 – Long term debt

Holder	Date issued		Interest rate			Amount due June 30, 2019		Amount due December 31, 2018
Ascentium Capital		10-1-18		13	%	$	12,778	$	14,285
Fredrick Donze		9-2-18		6	%		5,180		6,283
Charles O’Dowd (officer)		8-9-18		6	%		4,690		5,731
Total long term debt							22,648		26,298
Less Current portion							7,582		7,628
Total long-term debt						$	15,066	$	18,670

ABCO acquired the assets of Dr. Fred Air Conditioning services on September 2, 2018 for the total price of $22,000. The allocation of the purchase price was to truck and equipment at $15,000 and the balance was allocated to inventory. The truck and equipment were financed by Ascentium Capital. Mr. Fred Donze, the owner, received a three year promissory note for the balance of $7,000 at 6% interest and with monthly payments of $213.

The Company purchased an automobile from its President with a promissory note in the amount of ~~$150,000 from WebBank.~~$6,575 dated August 9, 2018 and bears interest at 6% per annum for the three year payment plan.

Note 13 – Convertible Debt and Derivative Valuation

In accordance with the Statement of Financial Accounting Standard ASC 820-10-35-37 Fair Value in Financial Instruments, Statement of Financial Accounting Standard ASC 815 Accounting for Derivative Instruments and Hedging Activities require that instruments with embedded derivative features be valued at their market values. The ~~note is an open credit line with interest rate of 23% maturing in March of 2017. A~~Company hired a valuation consultant to value the Convertible Debentures for the derivative portion of the ~~loan~~instruments. The Binomial model was used to ~~pay off~~value the derivative liability for the fiscal year ending December 31, 2019 and December 31, 2018.

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During the year ended December 31, 2018, the Company funded operations with borrowing on new convertible promissory notes and had other debentures due from 2017. This table presents the positions on the notes at June 30, 2019 and December 31, 2018.

Holder	Date of Loan		Loan amount		OID and discounts and fees		Interest rate			Maturity Dates		Balance June 30, 2019
Power Up Lending Group Ltd		2-16-19	$	68,000	$	13,000		8	%		8-16-19		68,000
Power Up Lending Group Ltd		3-18-19		68,000		13,300		8	%		9-18-19		68,000
Power Up Lending Group Ltd -		5-13-19		83,000		13,300		8	%		8-13-20		83,000
													219,000
Less non-amortized discounts													22,182
Totals and balances for 6-30-19			$	219,000	$	39,300						$	196,818

The initial valuation of the derivative liability on the converted common shares totaled $-0- at June 30, 2019 and $74,848, net of discount, at December 31, 2018 as calculated by consultants for the Company when all notes were issued, but before any conversions. This value includes the fair value of the shares issued according to the contracts of the holders and valued according to our common share price at the time of acquisition.

Note 14 – Convertible Debt and Derivative Liabilities on Other Notes

The Company, effective as of September 1, 2018, entered into an Equity Purchase Agreement with Oasis Capital, LLC, a ~~credit loan~~Puerto Rico limited liability company (“Investor”) pursuant to which Investor agreed to purchase up to $5,000,000 of the Company’s common stock at a price equal to 85% of the market price at the time of purchase (“Put Shares”). The Company agreed to file a new registration statement to register for resale the Put Shares. The Registration Statement must be effective with the SEC before Investor is obligated to purchase any Put Shares. In addition, the Company [i] issued to Investor a one year $150,000 note (“Commitment Note”) which is convertible at 57 ½ % of the lowest trading price for the 15 day trading period ending on the last trading date prior to the Conversion Date per share as a commitment fee for its purchase of Put Shares and [ii] delivered to Investor a Registration Rights Agreement pursuant to which the Company agreed to register all Put Shares acquired under the Equity Purchase Agreement. No transaction occurred on this matter through March 31, 2019 and no derivative was calculated on the note because it was not yet mature. The Company issued 4,444,708 common shares to Oasis and the price of the shares was classified as a prepaid expense. In addition, Oasis acquired 1,000,000 shares of common stock and paid ABCO $5,100 in May of 2019 under the Registration Statement referred to in the next sentence. This note is not recorded as a liability on the balance sheet until Oasis provides services by purchasing shares under the Registration Statement. See Note 17 below on page 18 with respect to the filing on April 26, 2019 and the effectiveness on May 7, 2019, of a Form S-1 Registration Statement filed for the Put Shares.

The Company had entered into Securities Purchase Agreement with Blackbridge Capital, LLC, a Delaware limited liability company [“SPA”], operating out of New York, New York (“Blackbridge”) whereby Blackbridge has agreed to purchase up to $5,000,000 worth of shares of the Company’s common stock. The Company has agreed to file a Registration Statement to register such shares for sale to Blackbridge. In addition, the Company has issued [i] a convertible promissory note to Blackbridge pursuant to the Securities Purchase Agreement equal to $150,000 as a commitment fee, that is currently charged to prepaid expenses until services are provided (the “Blackbridge Note”), [ii] and a $100,000 Convertible Note to cover the expenses to be incurred for the preparation and filing of the Registration Statement and related matters (“Expenses Note”). Blackbridge converted an additional $14,575 for 12,500,000 shares on January 17, 2018 bringing the total note balance to $78,150 as of the date the note was acquired by Oasis Capital, LLC.

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On March 13, 2017, the Company and Blackbridge, entered into an Agreement, effective as of March 1, 2017, terminating the SPA. The Registration Statement on Form S-1 filed by the Company pursuant to the SPA could not be processed because of technical issues raised by the SEC and was withdrawn on February 28, 2017. In addition, the Blackbridge Note issued by the Company as a commitment fee was declared null and void and was cancelled on March 1, 2017.

Effective as of January 31, 2019, Company acquired through redemption from ~~Orchard Street~~Redstart Holdings Corp, [“RHC”] 68,000 shares of the Series C Preferred Stock [“Redeemed Preferred Shares”] owned by RHC. The redemption price for the Redeemed Preferred Shares was $101,810.55 which was financed through a cash advance transaction of future receivables.

Effective as of February 22, 2019, Company acquired through redemption from RHC 73,000 shares of the Series C Preferred Stock [“Redeemed Preferred Shares”] owned by RHC. The redemption price for the Redeemed Preferred Shares was $106,145 which was financed through available cash and the promissory note referred to in the next paragraph.

Effective August 8, 2019 the Company entered into a Future Receivable Sale Agreement with Knight Capital Funding in the amount of ~~$44,061. On August 22, 2016, the Company ceased making payments on this loan and at September 30, 2017 the Company owed approximately $71,782~~$105,000 in ~~principal and accrued interest. This loan is personally guaranteed by an Officer~~order to fund a redemption of the ~~Company. On March 20, 2017, the Company and WebBank agreed~~Redstart Series C Preferred Stock. The agreement calls for 176 daily payments of $823.30 to ~~a monthly payment schedule with payment of $2,508 per month until June 20, 2017, paid biweekly.~~ ~~See Note 4 below for further information regarding~~retire this ~~Note.~~

~~(2) On June 28, 2016, the Company financed operations with a loan~~note in the amount of ~~$43,500~~$144,900 representing principal and discount of collection of future receivables. The Company’s decision to redeem the Preferred shares was primarily to prevent the conversion of this note from ~~Quarterspot,~~diluting the common shares in 2019.

The Company issued to Power Up Lending Group, Inc. [“Power Up”], a ~~lending institution.~~$68,000 Convertible Promissory Note dated February 16, 2019 [“Note”] which contains an original issue discount of $10,000.00 (OID) and expenses of $3,000.00 [“Note”]. The ~~note~~Note is convertible into Company common stock beginning six months after the date of the Note with an ~~open line with interest~~effective discount rate of approximately ~~31% maturing~~20 % upon conversion. Without the OID, the effective discount rate would be 35% as set forth in ~~September~~the Note. The net proceeds from the Note, combined with Company working capital in the amount of ~~2017. On August~~$51,145, was used to redeem the February 22, ~~2016,~~2019 acquisition above in the amount of $106,145.

The Company ~~ceased making payments on this loan. As~~issued to Power Up Lending Group, Inc. a $68,000 Convertible Promissory Note dated March 13, 2019 which contains an original issue discount of ~~September 30, 2017,~~$10,000.00 (OID) and expenses of $3,000.00 [“Note”]. The Note is convertible into Company common stock beginning six months after the ~~Company owed $26,484 in principal and accrued interest. This loan is not personally guaranteed by an Officer~~date of the ~~Company. On November~~Note with a stated discount rate of 19% as set forth in the Note. Without the OID, the effective discount would have been 35%. The net proceeds from this Note were used for working capital.

The Company issued to Power Up Lending Group, Inc. a $83,000 Convertible Promissory Note dated May 13, 2019 which contains an original issue discount of $10,000.00 (OID) and expenses of $3,000.00 [“Note”]. The Note is convertible into Company common stock beginning six months after the date of the Note with a stated discount rate of 19% as set forth in the Note. Without the OID, the effective discount would have been 35%. The net proceeds from this Note were used for working capital.

The Company determined that the conversion feature embedded within the Power Up Series C Preferred shares that reached maturity in 2018 in the amount of $78,000 is a financial derivative. The Generally Accepted Accounting Principles (GAAP) required that the Company’s embedded conversion option be accounted for at fair value. The following schedule shows the change in fair value of the derivative liabilities on June 30, ~~2016, the Company~~2019 and ~~Quarterspot agreed to a monthly payment schedule with payment of $1,500 per month until January~~December 31, ~~2017. On March 27, 2017, the Company agreed to begin payments of $3,010 per month for twelve months until paid in full.~~ ~~See Note 4 below for further information regarding this Note~~.

2018:

Description	June 30, 2019			December 31, 2018
Purchase price of the convertible debenture -net of discount	$	74,848		$	78,000
Valuation reduction during the period		(74,848	)		3,152
Balance of derivative liability net of discount on the notes (See Consolidated Balance sheet liabilities)	$	-		$	74,848

Derivative calculations and presentations on the Statement of Operations

Loss on note issuance	$	-		$	(36,230	)
Change in Derivative (Gain) Loss		(177,934	)		61,251
Derivative Finance fees		-			(33,018	)
Gain (loss) on extinguishment of debt		(244,712	)		(410,157	)
Derivative valuation and expense charged to operations in 2019 (See Consolidated Statement of Operations)	$	(422,646	)	$	(418,154	)

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~~(3) This note was paid in full at November 2, 2017.~~

~~(4)~~

The Company ~~has been negotiating more favorable payment~~measured and payoff arrangements for these debts. ABCO stopped payments on the WebBank note on July 19, 2017 after signing an agreement with Veritas Legal Plan Inc. to renegotiate and service this debt and the Quarterspot debt listed above. Payments on the Quarterspot Note were stopped on July 28, 2017. Under the VeritasLegal Plan, the Company would pay for the legal services incurred to negotiate a reduced pay-off amount or a reduced balance on these notes payable over a period of two to three years. The Company had paid Veritas $12,116.18, of which a portion were for fees for services rendered, to apply towards the settlement of and legal fees for negotiating settlements favorable to ABCO and to defend ABCO positions in court if necessary. The current payment arrangements are for ABCO to pay Veritas $1,052.87 per month towards these arrangements. If the Company is not successful in this process the note holders may take legal action to collect their respective debts against the Company and/or its officers.

~~Note 7 Long Term Debt~~

~~Long term debt as of September 30, 2017 and December 31, 2016 consisted of the following:~~

Description September 30, 2017 December 31, 2016
Note payable to Ascentium Capital, secured by truck, bearing interest at 9% per annum, matured on September 20, 2017. As of September 20, 2017, this note was paid in full. This loan had payments of $469 per month. $ - $ 4,400
Less current portion of truck loan - (4,400 )
Total long term debt net of current portion $ - $ -

~~Note 8 Fair Value of Financial Instruments~~

~~The following is the major category of liabilities measured at fair value on a recurring basis as of September 30, 2017, using~~utilized quoted prices in active markets for identical liabilities (Level 1); significant other observable inputs (Level 2); and significant unobservable inputs ~~(Level~~(level 3):

September 30, 2017 December 31, 2016
Derivative Liabilities from Convertible Notes (Level 3) $ 175,515 $ 397,722

in applying valuation technology to derivative values for June 30, 2019 and 2018 and throughout the year.

Note 915 – Stockholder’s Equity

~~From October 7, 2016 through~~

Common Stock

During the six months ended June 30, 2019 the Company sold 4,740,000 shares of restricted common shares in Regulation S offerings to non-US investors. The total proceeds from the offering was $160,305. Commission and expense reimbursements totaled $79,927. The Company recorded net proceeds totaling $80,317.

Legal and other professional fees charged to additional paid in capital totaled $29,000 for the six months ended June 30, 2019.

During the fiscal year ended December 31, ~~2016,~~2018 the Company sold 6,162,119 restricted common shares in Regulation S offerings to non-US investors. The total proceeds from the offering was $581,859. Commission and expense reimbursements totaled $292,042. The Company recorded net proceeds totaling $ 289,817.

Legal and other professional fees charged to additional paid in capital totaled $39,176 for the six months ended December 31, 2018.

In addition, debenture holders converted debt into 16,767,650 shares which were issued upon conversion of $256,742 of the notes referred to in Note 13 above.

During the year ended December 31, 2018 the Company issued ~~an aggregate of 19,872,739~~369,599 common restricted shares of its common stock upon conversions of nine different convertible notes at conversion prices ranging from $0.0015 to $0.0047 per share. All share figures contained in this filing have been adjusted to reflect Post Reverse Stock Split numbers. As a result of such issuances, all six [6] of the notes have paid in full as of that date. The Companyand recorded ~~$424,878 for the~~ equity ~~infusion provided by these notes.~~

During the nine-month period ended September 30, 2017 the Company sold an aggregate of 68,212,295 shares of common stock and received or credited gross proceeds of $546,278. Expenses of this offering totaled $227,792. The net proceeds of $220,766 were used for working capital, corporate expenses, legal fees and public company expenses.

The Board of Directors of the Company approved a reverse stock split of its common stock, at a ratio of 1-for-10 (the “Reverse Stock Split”) in November of 2016. The Reverse Stock Split became effective with FINRA (the Financial Industry Regulatory Authority) and in the ~~marketplace on January 13, 2017 (the “Effective Date”), whereupon the shares~~amount of ~~common stock began trading on a split adjusted basis. On the Effective Date, the Company’s trading symbol was changed to “ABCED”~~$10,000 from vendors for ~~a period of 20 business days, after which the “D” was removed from the Company’s trading symbol,~~services and it reverted to the original symbol of “ABCE”. In connection with the Reverse Stock Split, the Company’s CUSIP number changed to 00287V204. On the Effective Date, the total number of shares of the Company’s Common Stock held by each stockholder was converted automatically into the number of whole shares of Common Stock equal to (i) the number of issued and outstanding shares of Common Stock held by such stockholder immediately prior to the Reverse Stock Split, divided by (ii) 10. No fractional shares were issued, and no cash or other consideration was paid. The Company issued one whole share of the post-Reverse Stock Split Common Stock to all stockholders who otherwise would have received a fractional share because of the Reverse Stock Split.

~~Table of Contents~~

As a result of the Reverse Stock Split the number of authorized shares of common stock was reduced to 50,000,000 from 500,000,000 shares. At a Special Meeting of Stockholders held on August 17, 2017, Company shareholders authorized an amendment to the Articles of Incorporation to increase the authorized capital to 1,000,000,0001,350,000 restricted common shares ~~and 100,000,000 preferred shares. The Amendment was filed~~to management for services with ~~the Nevada Secretary~~a fair market value of ~~State on August 17, 2017.~~

$27,000.

Preferred Stock

On September 15, 2017 and on September 15, 2018, the Board of Directors authorized on each such date the issuance of 15,000,000 preferred shares for an aggregate of ~~15,000,000~~30,000,000 shares of Class B Convertible Preferred Stock ["[“Series B"B”] to both Directors of the Company and to two unaffiliated ~~Consultants.~~Consultants or a total of 30,000,000 shares of Series B. The Company assigned a value of $15,000 for the shares for 2017 and 2018. Of the Series B, ~~6,000,000~~12,000,000 shares were issued to Charles ~~O'Dowd~~O’Dowd and ~~1,000,000~~2,000,000 to Wayne Marx, the Directors. Each Consultant received ~~4,000,000~~8,000,000 shares. See the ~~Company's~~Company’s Schedule 14C filed with the Commission on September 28, ~~2017.~~2018. These shares have no market pricing and management assigned ~~the~~an aggregate value of ~~$15,000~~$30,000 to the stock ~~issue~~issued based on the par value of ~~the preferred stock.0,001.~~$0.001. The ~~15,000,000~~30,000,000 shares of preferred Stock, each with has 20 votes for each Preferred share held by them of record. The holders of the Preferred are also entitled to ~~own~~an additional ~~150,000,000~~300,000,000 common shares upon conversion of the Preferred Stock. As a result of owning of these shares of Common and Preferred Stock, the Control Shareholders will have voting control the Company.

~~By Written Consent in lieu~~

Earnings (loss) per share calculation

Basic net loss per share is computed by dividing net loss by the weighted average number of ~~a Meeting~~shares of ~~Shareholders executed September 26, 2017,~~common stock outstanding during the ~~holders~~period. Diluted net loss per share is computed by dividing net loss by the weighted average number of ~~a majority~~shares of ~~the voting power~~ common stock and ~~preferred~~potentially outstanding shares of common stock during each period

The computation of basic and diluted loss per share at December 31, 2018 excludes the common stock equivalents from convertible debt of the ~~Company adopted a further Amendment to~~following potentially dilutive securities because their inclusion would be anti-dilutive, and the ~~Articles of Incorporation increasing~~share issue number is not calculable until conversion takes place.

Note 16 – Other Matters

During the ~~authorized common stock from 1 Billion shares to 2 Billion shares The Certificate of amendment was filed with the Nevada Secretary of State on September 28, 2017.~~

~~Note 10 Other matters~~

~~Legal fees relating to financing activities, blue sky registrations with states and other fund raising expenses were charged to additional paid in capital in the amount $28,211 for the nine~~six months ended ~~September~~June 30, ~~2017 and $126,315 during the year ended December 31, 2016.~~

~~During the fiscal year ended December 31, 2016~~2019 the Company sold ~~2,486,382~~4,740,000 shares of restricted common shares in Regulation S offerings to non-US investors. The total proceeds from the offering was ~~$767,234.~~$160,305. Commission and expense reimbursements totaled ~~$441,170.~~$79,927. The Company recorded net proceeds totaling ~~$326,064.~~ $80,317.

Legal and other professional fees charged to additional paid in capital totaled $29,000 for the six months ended June 30, 2019.

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During the fiscal year ended December 31, 2018 the Company sold 6,162,119 restricted common shares in Regulation S offerings to non-US investors. The total proceeds from the offering was $581,859. Commission and expense reimbursements totaled $292,042. The Company recorded net proceeds totaling $ 289,817.

Legal and other professional fees charged to additional paid in capital totaled $39,176 for the six months ended December 31, 2018.

Stock subscriptions executed under an earlier offering included a provision whereby ABCO agrees to pay a dividend (defined as interest) of from 6% to 12% of the total amount invested for a period of one year from receipt of the invested funds. This dividend (defined as interest) is allocated between the broker and the investor with amounts paid to the broker treated as a cost of the offering and netted against additional paid in capital and amounts paid to the investor treated as interest expense. Total amounts paid or accrued under this agreement and charged to additional paid-in capital for the years ended December 31, 2018 and 2017, amounted to $0 and $0, respectively. Total amounts paid under this agreement and charged to interest expense for the years ended December 31, 2018 and 2017, amounted to $0 and $0, respectively. The accrued balance ~~of accrued interest~~due on this obligation to shareholders totals $49,290 at ~~September~~June 30, ~~2017~~2019 and December 31, ~~2016 amounted to $49,290 and no payments have been made during the current period.~~

2018.

ABCO has evaluated these agreements under ASC 480-10: Certain Financial Instruments with Characteristics of Both Liabilities and Equity and determined that the capital contributions made under these subscription agreement more closely resemble equity than liabilities as they can only be settled through the issuance of shares and although they have a stated cost associated with them which accrues in the same manner as interest, the cost is only incurred in the first twelve months after placement as is more closely associated with a cost of raising funds than interest expense.

During November, 2016, the Company issued an aggregate of 1,449,649 shares to financial consulting entities for services relating to fund raising activities. The total issuance was valued at $103,400 for fair market value as negotiated and that amount is charged to additional paid in capital.

Effective September 30, 2016, the Company entered into a Consulting Agreement (“CA”) with Joshua Tyrell (“Tyrell”) which provided for Tyrell to assist in various business development activities on behalf of the Company, including but not limited to realizing new business opportunities. In consideration for rendering such services, Tyrell was issued 150,000 free trading shares of Company common stock. The CA had a nine month term expiring on September 30, 2017. On November 7, 2016 and on November 30, 2016, the CA was amended to provide for the payment of an additional 630,000 and an additional 500,000 free-trading shares, respectively to Tyrell for services rendered due to the huge trading volume of the derivative conversions and to extend the term of the CA to twelve (12) months ending November 7, 2017. The consultant received a total of 1,430,000 shares of free trading and restricted common stock valued at $91,600.

~~Table of Contents~~

The Company has entered into Securities Purchase Agreement with Blackbridge Capital, LLC, a Delaware limited liability company [“SPA”], operating out of New York, New York (“Blackbridge”) whereby Blackbridge has agreed to purchase up to $5,000,000 worth of shares of the Company’s common stock. The Company has agreed to file a Registration Statement to register such shares for sale to Blackbridge. In addition, the Company has issued [i] a convertible promissory note to Blackbridge pursuant to the Securities Purchase Agreement equal to $150,000 as a commitment fee, that was charged to prepaid expenses until services are provided (the “Blackbridge Note”), [ii] and a $100,000 Convertible Note to cover the expenses to be incurred for the preparation and filing of the Registration Statement and related matters (“Expenses Note”).

On March 13, 2017, the Company and Blackbridge Growth Fund, Inc. [“Blackbridge”], entered into an Agreement, effective as of March 1, 2017, terminating the Securities Purchase Agreement dated as of November 2, 2016 [“SPA”] whereby Blackbridge has agreed to purchase up to $5,000,000 worth of shares of the Company’s common stock. (See the Company’s Form 8-K filed on November 29, 2016). The Registration Statement on Form S-1 [“Form S-1”] filed by the Company pursuant to the SPA could not be processed because of technical issues raised by the SEC and was withdrawn on February 28, 2017. The convertible promissory note issued by the Company under the SPA in the amount of $100,000 to Blackbridge for its $100,000 advance to cover the expenses of the preparation and filing of the Form S-1 and related matters remains in full force and effect.

Further, the Company and Blackbridge agreed that the convertible promissory note in the amount of $150,000 issued to Blackbridge as a commitment fee, would be deemed to be terminated as of March 1, 2017, the effective date of the termination of the SPA. This action resulted in reduction of the prepaid expense account on the balance sheet.

~~Note 11 Income Tax~~

The company has net operating loss carryforwards as of September 30, 2017 totaling approximately $4,139,652. A deferred tax benefit of approximately $1,407,482 has been offset by a valuation allowance of the same amount as its realization is not assured.

~~Note 12 Subsequent Events~~

~~During the period October 1, 2017 through November 13, 2017 the Company sold 11,901,833 shares of restricted common stock for gross proceeds of $ 63,053 and net proceeds of $22,137.~~

On October 13, 2017, the Company issued a nine (9) month $58,000 convertible promissory note to Power Up Lending Group, Ltd., (“Power Up”), which bears interest at the rate of 8% per annum on the principal sum of the outstanding (“Power Up Note”). The Company received net proceeds of $55,000 after deductions for expenses from the Power Up Note. The Power Up Note is convertible at any time after the six (6) month anniversary of the Note into shares of common stock as a conversion price equal to 58% of the lowest two (2) trade prices in the 15 trading days before the conversion date.

On November 8, 2017, the Company entered into a Consulting Agreement (“CA”) with Eurasian Capital, LLC [“Consultant”] which ~~will~~was to provide institutional funding services and shareholder and ~~third party~~third-party sponsorship services for a ~~six~~nine month term ending May 7, 2018. Consultant ~~shall~~was to be paid a monthly retainer of $10,000 payable in ABCO restricted common stock based upon the 5 day average of the closing bid price commencing on the first day of each month during the effectiveness of the Consulting Agreement. The CA was terminated by the Company on March 29, 2018 for non-performance by Consultant. Consultant ~~will also~~was issued 198,413 restricted shares for services in November 2017 which were delivered to Consultant in December 2017. The shares for services rendered in December of 2017 [208,308] and for January 2018 [161,271] were issued in January 2018 but were not delivered until early April 2018 when a dispute with respect to the CA termination was resolved with the execution of releases. A dispute has arisen with respect to the number of shares due Consultant as a result of the CA termination. The parties resolved this matter by the delivery of an aggregate of 369,599 shares to Consultant in 2018 and the execution of releases.

The Company, effective as of September 1, 2018, entered into an Equity Purchase Agreement with Oasis Capital, LLC, a Puerto Rico limited liability company (“Investor”) pursuant to which Investor agreed to purchase up to $5,000,000 of the Company’s common stock at a price equal to 85% of the market price at the time of purchase (“Put Shares”). The Company agreed to file a new registration statement to register for resale the Put Shares. The Registration Statement must be ~~paid~~effective with the SEC before Investor is obligated to purchase any Put Shares. In addition, the Company [i] issued to Investor a ~~success~~one year $150,000 note (“Commitment Note”) which is convertible at 57 ½ % of the lowest trading price for the 15 day trading period ending on the last trading date prior to the Conversion Date per share as a commitment fee for its purchase of 7%Put Shares and [ii] delivered to Investor a Registration Rights Agreement pursuant to which the Company agreed to register all Put Shares acquired under the Equity Purchase Agreement. No transaction occurred on this matter through March 31, 2019 and no derivative was calculated on the note because it was not yet mature. The Company issued 4,444,707 common shares to Oasis and the price of the shares was classified as a prepaid expense.. This note is not recorded as a liability on the balance sheet until Oasis provides services by purchasing shares under the Registration Statement. See Note 17 below on page 18 with respect to the filing on April 26, 2019 and the effectiveness on May 7, 2019, of a Form S-1 Registration Statement filed for ~~raising capital which will be paid in cash from~~ the ~~proceeds~~Put Shares.

The Company issued 1,350,000 restricted common shares to management for services with a fair market value of ~~each applicable capital raise.~~

$27,000. during the Year Ended December 31, 2018. Of these awards, Charles O’Dowd received 45,000 shares and Wayne Marx received 50,000 shares. The balance of 850,000 shares were awarded to consultants to the Company.

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Note 17 – Subsequent Events

Effective August 8, 2019 the Company entered into a Future Receivable Sale Agreement with Knight Capital Funding in the amount of $105,000 in order to fund a redemption of the Redstart Series C Preferred Stock. The agreement calls for 176 daily payments of $823.30 to retire this note in the amount of $144,900 representing principal and discount of collection of future receivables. The Company’s decision to redeem the Preferred shares was primarily to prevent the conversion of this note from diluting the common shares in 2019.

Equity Awards

The following table sets forth information on outstanding option and stock awards held by the named executive officers of the Company at December 31, 2018, including the number of shares underlying both exercisable and un-exercisable portions of each stock option as well as the exercise price and the expiration date of each outstanding option. See Note 16 to Notes to Consolidated Financial Statements.

Outstanding Equity Awards After Fiscal Year-End (1)

Name

Number of securities

underlying unexercised

options exercisable (1)

Number of securities

underlying unexercised

options un-exercisable (2)

Option

Exercise

Price ($)

Option

Grant

Date

Option

Expiration

Date

Charles O’Dowd

500,000

.001

01/01/2017

01/01/2021

Wayne Marx

500,000

.001

01/012017

01/01/2021

(1) No Equity Awards were issued during the year ended December 31, 2018.

(2) All options vest 20% per year beginning on the first anniversary of their grant date.

An aggregate of 1,620,000 stock awards are outstanding under the Equity Incentive Plan as of December 31, 2018.

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Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

RESULTS OF OPERATIONS – OVERVIEW

THREE MONTHS ENDED ~~SEPTEMBER~~JUNE 30, ~~2017~~2019 COMPARED TO THREE MONTHS ENDED ~~SEPTEMBER~~JUNE 30, ~~2016.~~

2018.

Our discussion of operating results for the ~~three~~Three months ended ~~September~~June 30, ~~2017~~2019 and ~~September~~June 30, ~~2016~~2018 are presented below with major category details of revenue and expense including the components of operating expenses.

Sales consist of photovoltaic products, electrical services and LED lighting products and installation during both periods for the three months ended ~~September~~June 30, ~~2017~~2018 and for the three months ended ~~September~~June 30, ~~2016.~~

2018.

Sales for the three months ended ~~September~~June 30, ~~2017~~2018 were ~~$265,856~~$459,616 as compared to ~~$146,547~~$558,726 for the same three months in ~~2016.~~2018. This is ~~an increase~~a decrease of ~~$119,309~~$99,110 or ~~82% above~~18% of the ~~2016~~2018 sales. The Solar sales revenue in ~~2017~~2019 and ~~2016~~2018 reflected seasonal and changing market conditions in the financing of solar ~~installations~~installations. ABCO has increased their efforts to sell into the commercial markets and competition from the public utilities in the Arizona markets. When the utilities in Arizona cancelled or substantially reduced the rebate programs, the financing or leasing companies were able to reduceincreased focus on the financial requirements by accepting the rebates as partial payments were no longer able to make loans or lease that required no money down or longer terms for their finance products. This severally reduced the opportunities for sales and reduced gross margins substantially. Without availableof nonprofit organization’s financing ~~the sales of solar products became even more difficult. The prices of solar products were reduced in 2017 and 2016 to offset the reduction or elimination of~~ ~~rebates. The market~~ ~~has recovered~~requirements during the ~~first six months~~2019 period. The results of ~~2017.~~ The advent of the federal legislation on possible tariffs for imported panels has had an effect on the sales and profits for the third quarter because of drastic price corrections and availability of products. ABCO has worked diligently to overcome these changes ~~by focusing on commercial applications~~ and ~~the increased interest of business~~efforts have begun to materialize and ~~government~~are shown in the ~~LED lighting contracts.~~

results of operations.

Cost of sales was ~~143%~~58% of revenues in ~~2017~~2019 and ~~119%~~75% of revenues in ~~2016.~~2018. Gross margins were ~~43%~~42% of revenue in ~~2017~~2018 and ~~19%~~75 % of revenue for the three months of ~~2016.~~2018. During ~~2017~~2019 and ~~2016~~2018 we have been offering new products and have found our entry market prices for steel parking structures have added gross margins higher than usual because we use outside contractors for the entire projects. Our gross profit reflects this decision. We feel that we have made progress in entering the parking shade markets and that our gross margins will stabilize as growth lowers these margins in the future.

Total selling, general and administrative expenses were ~~107%~~52% of revenues ~~for the three months ended June 30,~~ in ~~2017~~2019 and ~~129%~~46% of revenues for the same period in ~~2016.~~2018. Net loss for the three-month period ended ~~September~~June 30, ~~2017~~2018 was ~~$(135,161)~~$(48,143) as compared to the net ~~income of $13,401~~loss $(261,226) for the same ~~three- month~~three-month period ended ~~September~~June 30, ~~2016.~~2018. Our operating expenses for this period were lower ~~as a percentage of revenue and lower~~ by ~~22% from~~$14,138 than the comparative period in ~~2016.~~2018. The interest expense during the period ended ~~September~~June 30, ~~2017~~2019 was ~~higher~~lower by ~~$11,406~~$1,198 than in the period ended ~~September~~June 30, ~~2016~~2018 due mostly to the working capital provision of merchant loans and convertible ~~debt. Interest on derivative liabilities of convertible debentures decreased by $154769 during the current period as compared~~ ~~to the prior year.~~debt being reduced. This combination of factors ~~increased~~decreased the ~~operating~~net loss ~~for~~by $213,083 during the ~~period ending September~~three months ended June 30, ~~2017 by $148,562 to $135161)~~2019 as compared to ~~net income of $13,401 at September~~ the three months ended June 30, ~~2016.~~2018. Since our year to date revenues are ~~higher~~lower than the previous year, this resulted in lower operating expenses as a percentage of total revenue.

~~NINE~~

ABCO could not finish its backlog of work and expand into the markets of LED lights and commercial solar markets without maintaining staff, facilities and sales expenses. When sales revenues fall, and expenses are not reduced in equal amounts or percentages, the result is an increase of the percentage of operating expenses to sales revenue. ABCO chose to maintain a level of expenses that would not cripple the Company’s future.

SIX MONTHS ENDED ~~SEPTEMBER~~JUNE 30, ~~2017~~2019 COMPARED TO ~~NINE~~SIX MONTHS ENDED ~~SEPTEMBER 30, 2016.~~

JUNE 20, 2018.

Our discussion of operating results for the ~~nine~~six months ended ~~September~~June 30, ~~2017~~2019 and ~~September~~June 30, ~~2016~~2018 are presented below with major category details of revenue and expense including the components of operating expenses.

Sales consist of photovoltaic products, electrical services and LED lighting products and installation during ~~both periods for~~ the ~~nine~~six months ended ~~September~~June 30, ~~2017~~2019 and for the ~~nine~~six months ended ~~September~~June 30, ~~2016.~~

2018.

Sales for the ~~nine~~six months ended ~~September~~June 30, ~~2017~~2019 were ~~$1,168,650~~$1,113,626 as compared to ~~$512,075~~$1,018,021 for the same ~~nine~~three months in ~~2016.~~2018. This is an increase of ~~$656,605~~32,605 or ~~128 % above~~3% of the ~~2016~~2018 sales. The Solar sales revenue in ~~2017~~2019 and ~~2016~~2018 reflected seasonal and changing market conditions in the financing of solar installations and competition from the public utilities in the Arizona markets. ~~When the utilities~~ABCO has begun its focus on commercial sales in ~~Arizona cancelled or substantially reduced the rebate programs, the financing or leasing companies were~~2018 and has been able to ~~reduce the financial requirements by accepting the rebates as partial payments were no longer able to make loans or lease~~grow every period since that required no money down or longer terms for their finance products. This severally reduced the opportunities for sales and reduced gross margins substantially. Without available financing, the sales of solar products became even more difficult. The prices of solar products were reduced in 2017 and 2016 to offset the reduction or elimination of rebates and the market has recovered from this time. The advent of the federal legislation on possible tariffs for imported panels has influenced the sales and profits for the third quarter because of drastic price corrections and availability of products.decision. ABCO has worked diligently to overcome ~~these~~the utility changes by focusing on commercial applications and the increased interest of business and government in the LED lighting contracts.

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Cost of sales was ~~74%~~$678,886 or 61% of revenues in ~~2017~~2019 and ~~121%~~$746,260 or 70% of revenues in ~~2016.~~2018. Gross margins were ~~26%~~39% of revenue in ~~2017~~2019 and ~~negative~~30% of revenue for the ~~nine~~six months of ~~2016.~~2018. During ~~2017~~2019 and ~~2016~~2018 we have been offering new products and have found our entry market prices for steel parking structures have added gross margins higher than usual because we use outside contractors for the entire projects. Our gross profit reflects this decision. We feel that we have made progress in entering the parking shade markets and that our gross margins will stabilize as growth lowers these margins in the future.

Total selling, general and administrative expenses were ~~52%~~$501,866 or 50% of revenues in ~~2017~~2019 and ~~110%~~$414,879 or 38% of revenues for the same period in ~~2016.~~2018. Net ~~loss~~(loss) income from operations for the ~~nine-month~~three-month period ended ~~September~~June 30, ~~2017~~2019 was ~~$(320,761)~~$(67,126) as compared to the net loss of ~~$(1,108,974)~~$(80,118) for the same ~~nine-month~~six month period ended ~~September~~June 30, ~~2016.~~2018. Our operating expenses for ~~the 2017~~this period were higher ~~as a percentage of revenue and higher~~ by ~~$40,247~~$86,987 than the comparative period in ~~2016.~~2018. The interest expense ~~from operations~~ during the period ended ~~September~~June 30, ~~2017~~2019 was ~~lower~~higher by ~~$2,150~~$69,242 than in the period ended ~~September~~June 30, ~~2016~~2018 due mostly to the increase in working capital ~~provision of~~through new merchant loans and derivatives on convertible debt. ~~Interest on derivative~~Derivative liabilities of convertible debentures ~~decreased~~increased by ~~$85,386~~$97,419 during the current period as compared to the prior year. This combination of factors ~~increased~~decreased the ~~operating income~~loss for the period ending ~~September~~June 30, ~~2017 by $788,213~~2019 to $(566,978) as compared to ~~September~~$(214,165) for the six months ended June 30, ~~2016,~~2018, due ~~to increased sales and~~almost entirely by the change in derivative ~~valuation~~income and ~~finance fees. Since our year to date revenues are higher than the previous year, this resulted in lower operating expenses as a percentage of total revenue.~~

expenses.

As noted in previous paragraphs discussing market conditions, ABCO could not finish its backlog of work and expand into the markets of LED lights and commercial solar markets without maintaining staff, facilities and sales expenses. When sales revenues fall, and expenses are not reduced in equal amounts or percentages, the result is an increase of the percentage of operating expenses to sales revenue. Operating expenses for the two periods ~~was approximately the same~~increased to accommodate our expansion of sales programs, but not in the same ratio as the ~~reduction~~increase in sales. ABCO chose to maintain a level of expenses that would not cripple the Company’s future.

STATEMENTS OF CASH FLOWS FOR THE ~~NINE~~THREE MONTHS ENDED ~~SEPTEMBER~~JUNE 30, ~~2017~~2019 AND ~~2016~~

2018

During the ~~nine~~six months ended ~~September~~June 30, ~~2017~~2019 our net cash used byin operating activities was ~~$(303,479)~~$(98,323) and comparatively the net cash used by operating activities in the ~~nine~~six months ended ~~September~~June 30, ~~2016~~2018 was ~~$(251,012)~~$(312,616). Net cash used by operating activities in the period ended ~~September~~June 30, ~~2017~~2019 consisted primarily of net ~~loss~~losses from operations of ~~$(320,761)~~$(595,760) for ~~2017~~2019 as compared to ~~$(1,108,974)~~a loss of $(214,238) for ~~2016.~~2018. Depreciation adjustments were of non-cash expenses were ~~$6,117~~$5,290 and ~~$9,886~~$8,120 for each period respectively. Derivative portion of convertible debt accounted for charges to income for future changes in value of the underlying stock in the amount of ~~$(163,683) net~~$(177,934) for the period ended ~~September~~June 30, ~~2017 and $416,286 net for the same period in 2016.~~2019. None of this expense will be realized if this debt is retired before maturity. The Company experienced ~~an increase~~a decrease in accounts payable of ~~$23,282~~$(264,956) and ~~$17,922~~an increase of $67,032 for each period respectively. This is primarily due to the ~~Company's~~Company’s ability apply cash receipts from investors and operations to pay past and current creditors during each period. Accounts receivable ~~decreased~~increase by ~~$35,877,~~$95,759, net of adjustments for contracts in process, during the period ended ~~September~~June 30, ~~2017.~~

2019 due to rapid increases in contracts at the end of the period.

Net cash used for investing activities for the periods ended ~~September~~June 30, ~~2017~~2019 and ~~2016~~2018 was ~~$533~~$5,354 and ~~$2,330~~$2,191 respectively due to receipt of principal on leases paid or terminated and equipment acquisitions.

Net cash provided by financing activities for the periods ended ~~September~~June 30, ~~2017~~2019 and ~~2016~~2018 was ~~$292,553~~$81,387 and ~~$225,231~~$317,321 respectively. Net cash provided by financing activities for ~~2017~~2019 and ~~2016~~2018 resulted primarily from the sale of common stock, loans from a financial institution and loans from a ~~Director. The total principal paid on~~Director, Officer and affiliates. Cash provided by financing activities during the ~~three current period~~periods ended June 30, 2019 were primarily from the sale of common stock and loans ~~is $49,779.~~

from financial institutions. Any future conversions will increase the number of shares outstanding and the Stockholders Equity by the amount of the original investment. Management intends to retire some of these notes before maturity.

LIQUIDITY AND CAPITAL RESOURCES

Our primary liquidity and capital requirements have been for carrying cost of accounts receivable after completion of contracts. The industry habitually requires the solar contractor to wait for the utility approval in order to be paid for the contracts. This process can easily exceed 90 days and sometimes requires the Company as the contractor to pay all or most of the cost of the project without assistance from suppliers. Our working capital at ~~September~~June 30, ~~2017~~2019 was ~~$(909,794)~~$(817,634) and it was ~~$(932,939)~~$(768,962) at December ~~31, 2016.~~30, 2018. This decrease of ~~$23,145~~$48,672 was primarily due to ~~sales~~losses from operations during the period ended ~~September~~June 30, ~~2017~~2019 and adjustments for possible future losses on derivative conversions. Bank financing has not been available to the Company, but we have been able to increase our credit lines with our suppliers because of good credit. There are no material covenants on our credit lines, normally due in 30 days, since they are standard in the industry and the balances vary ~~daily.~~on a daily basis. Most are personally guaranteed by the Officer of the Company.

~~We have been able to borrow $5,016 from one~~Table of ~~our related parties to increase working capital during the period end September 30, 2017 bringing the~~Contents

The total borrowed from Directors, Affiliates and officers ~~and related parties to $182,363.~~totaled $188,054 plus accrued interest of $78,808 as of June 30, 2019. There are no existing agreements or arrangement with any Director to provide additional funds to the Company.

~~Table of Contents~~

During the ~~nine~~six months period ended ~~September~~June 30, ~~2017~~2019 or the last fiscal year ended December 31, ~~2016~~2018 there were no transactions, or proposed transactions, which have materially affected or will materially affect the Company in which any director, executive officer or beneficial holder of more than 5% of the outstanding common, or any of their respective relatives, spouses, associates or affiliates, has had or will have any direct or material indirect interest. We have no policy regarding entering into transactions with affiliated parties.

PLAN OF OPERATIONS

Based on our current financial position, we cannot anticipate whether we will have sufficient working capital to sustain operations for the next year if we do not raise additional capital. We will not, however, be able to reach our goals and projections for multistate expansion without a cash infusion. We have been able to raise sufficient capital through the sale of our common shares and we have incurred substantial increases in debt from our trade creditors in the normal course of business. Management will not expand the business until adequate working capital is provided. Our ability to maintain sufficient liquidity is dependent on our ability to attain profitable operations or to raise additional capital. We have no anticipated timeline for obtaining neither additional financing nor the expansion of our business. We will continue to keep our expenses as low as possible and keep our operations in line with available working capital as long as possible. There is no guarantee that the Company will be able to obtain adequate capital from any sources, or at all.

Table of Contents

~~Off Balance Sheet Arrangements: There are no off balance sheet arrangements with any Directors, Officers or related parties.~~

Item 3. Quantitative and Qualitative Disclosures about Market Risk

Not Applicable to Smaller Reporting Companies.

Item 4. Controls and Procedures

(a) Evaluation of Disclosure Controls and Procedures.

As of the end of the reporting period, ~~September~~June 30, ~~2017,~~, 2019, we carried out an evaluation, under the supervision and with the participation of our management, including the Company’s Chairman and Chief Executive Officer/Principal Accounting Officer, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Rule 13a-15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”), which disclosure controls and procedures are designed to insure that information required to be disclosed by a company in the reports that it files under the Exchange Act is recorded, processed, summarized and reported within required time periods specified by the SEC’s rules and forms. Based upon that evaluation, the Chairman/CEO and the Chief Financial Officer concluded that our disclosure controls and procedures are not currently effective in timely alerting them to material information relating to the Company required to be included in the Company’s period SEC filings. The Company is attempting to expand such controls and procedures, however, due to a limited number of resources the complete segregation of duties is not currently in place.

(b) Changes in Internal Control.

Subsequent to the date of such evaluation as described in subparagraph (a) above, there were no changes in our internal controls or other factors that could significantly affect these controls, including any corrective action with regard to significant deficiencies and material weaknesses.

Our management, including our Principal Executive Officer and Principal Financial Officer, does not expect that our disclosure controls or internal controls over financial reporting will prevent all errors or all instances of fraud. However, we believe that our disclosure controls and procedures are designed to provide reasonable assurance of achieving this objective. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system’s objectives will be met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the controls. The design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and any design may not succeed in achieving its stated goals under all potential future conditions. Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with policies or procedures. Because of the inherent limitation of a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

Table of Contents

PART II-OTHER INFORMATION

Item 1. Legal Proceedings

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have, individually or in the aggregate, a material adverse effect on our business, consolidated financial condition, or operating results.

Item 1A. Risk Factors

Not Applicable.

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

During the ~~nine-month period~~six months ended ~~September~~June 30, ~~2017~~2019 the Company sold ~~an aggregate of 68,212,295~~4,740,000 shares of restricted common ~~stock~~shares in Regulation S offerings to non-US investors. The total proceeds from the offering was $160,305. Commission and ~~received or credited gross~~expense reimbursements totaled $79,927. The Company recorded net proceeds ~~of $546,278. Expenses of~~totaling $80,317.

Legal and other professional expenses for this offering and other matters totaled ~~$227,792. The net proceeds of $220,766 were used for working capital, corporate expenses, legal fees and public company expenses.~~

$ 29,000.

Item 3. Defaults upon Senior Securities

None

Item 4. Mine Safety Disclosures.

Not ~~Applicable~~

Applicable.

Item 5. Other Information

Not ~~Applicable~~

Applicable.

Table of Contents

Item 6. Exhibits

~~Exhibits Index~~

Exhibit No.

Description of Exhibit

~~10(a)~~
3(i)	Articles of Incorporation, as amended (1)
3(ii)	By-Laws (1)
10(a)	Share Exchange Agreement dated July 15, 2011 (1)
10(b)	8% of $40,000 Convertible Note dated March 16, 2016 ~~(1)~~(3)
~~10(b)~~ 10(c)		8%12% $25,000 Convertible Note dated March 23, 2016 ~~(1)~~(3)
~~10(c)~~ 10(d)		10% $55,000 Convertible Note dated April 1, 2016 ~~(2)~~(4)
~~10(d)~~ 10(e)		5% $42,000 Convertible Note dated April 5, 2016 ~~(2)~~(4)
~~10(e)~~ 10(f)		10% $40,000 Convertible Note dated May 3, 2016 ~~(2)~~(4)
~~10(f)~~ 10(g)		8% $30,000 Convertible Note dated May 6, 2016 ~~(2)~~(4)
10(h)		~~Consulting Agreement between ABCO Energy, Inc. and Benchmark Advisory Partners effective September 20, 2016 (5)~~
~~10(i)~~		~~Agreement effective October 19, 2016 between the Company and Joshua Tyrell (5)~~
~~10(j)~~		~~Amendment No. 1 to Consulting Agreement effective November 11, 2016 between the Company and Joshua Tyrell (6)~~
~~10(k)~~		~~Securities Purchase~~Knight Capital Future Receivables Sales Agreement dated ~~as of November 7, 2016 between the Company and Blackbridge Capital Growth Fund (6)~~
~~10(l)~~		~~Certificate of Amendment to Articles of Incorporation filed with the State of Nevada on~~ August ~~18,2017 (7)~~
~~10(m)~~		~~8% $58,000 Convertible Note dated October 13, 2017 (8)~~8,2019 (2)
~~10(n)~~ 21		~~Agreement dated November 8,2017 between Eurasian Capital and the Company(8)~~ Subsidiaries of Registrant (1)
31.1		~~Section 302~~ Certification of Chief Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(2)
31.2		~~Section 302 Certification~~Certifications of Chief Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(2)
32.1		~~Section 906~~ Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(2)
32.2		~~Section 906 Certification~~Certifications of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(2)
101 INS		XBRL, Instance Document
101 SCH		XBRL Taxonomy Extension Schema Document
~~101~~ 1010 CAL		XBRL Taxonomy Calculation Linkbase Document
101 DEF		XBRL Taxonomy Extension Definition Linkbase Document
101 LAB		XBRL Taxonomy Labels Linkbase Document
101 PRE		XBRL Taxonomy ~~Presentation~~Labels Linkbase Document

~~________________________~~

~~(1)~~
(1)	Previously filed with the Company’s Form 10, SEC File No. 000-55235, filed on July 1, 2014, and incorporated herein by this reference as an exhibit to this Form 10-Q.
(2)	Attached.
(3)	Previously filed with the Company’s Form 10-K, File No. 000-55235, filed with the Commission on April 11, 2016 and incorporated herein by this ~~reference as an exhibit to this Form 10-Q.~~reference.

~~(2)~~

(4)

Previously filed with ~~and incorporated herein by this reference to~~ the Company’s Form 10-Q, File No. 000-55235, filed with the Commission on May 20, ~~2016.~~

~~(3)~~

~~Previously filed with~~2016 and incorporated herein by this ~~reference to the Company’s Form 8K, filed with the Commission on October 24,2016.~~reference.

~~(4)~~

~~Previously filed with and incorporated herein by this reference to the Company’s Form 8K filed with the Commission on October 24, 2016.~~

~~(5)~~

~~Previously filed with and incorporated herein by this reference to the Company’s Form 8K, filed with the Commission on October 24, 2016.~~

~~(6)~~

~~Previously filed with and incorporated herein by this reference to the Company’s Form 8K, with the Commission on November 29, 2016.~~

~~(7)~~

~~Previously filed with and incorporated herein by this reference to the Company’s Form 8K filed with the Commission on August 21, 2017~~

~~(8) Filed herewith.~~

Table of Contents

SIGNATURES

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

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

~~November 20, 2017~~

August 19, 2019

	ABCO ENERGY, INC


	/s/ Charles O’Dowd
	Charles O’Dowd
	Title: President &
	Chief Executive Officer (CEO)


	/s/ Charles O’Dowd
	Charles O’Dowd
	Chief Financial Officer (CFO)
	Principal Accounting Officer (PAO)

Nevada	~~20-1914514~~46-5342309
(State of Incorporation)	(IRS Employer Identification No.)

2100 North Wilmot #211, Tucson, AZ	85712
(Address of principal executive offices)	(Zip Code)

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
COMMON STOCK	ABCE	OTCQB

Large accelerated filer ☐		Accelerated filer ☐

Non-accelerated filer ☐		Smaller Reporting Company ☒

Emerging growth company ☐ ☒

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements	3

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	13 20

Item 3. Quantitative and Qualitative Disclosures about Market Risk	15 23

Item 4. Controls and Procedures	15 23

PART II. OTHER INFORMATION

Item 1. Legal Proceedings	16 24

Item 1A. Risk Factors	16 24

Item 2. Unregistered Sale of Equity Securities and Use of Proceeds	16 24

Item 3. Defaults upon Senior Securities	16 24

Item 4. Mine Safety Disclosures	16 24

Item 5. Other Information	16 24

Item 6. Exhibits	17 25

Signatures	18 26

Consolidated Balance Sheets: As of ~~September~~June 30, ~~2017~~2019 (Unaudited), and as of December 31, ~~2016~~2018 (Audited)	4

Consolidated Statements of Operations: For the Three Months Ended ~~September~~June 30, ~~2017 (Unaudited)~~2019 and ~~September~~June 30, ~~2016 (Unaudited)~~2018 and for the ~~Nine~~Six months ended ~~September~~June 30, ~~2017 (Unaudited)~~2019 and ~~September~~June 30, ~~2016 (Unaudited)~~2018(Unaudited)	5

Consolidated Statement of Shareholders Equity for the Six Months Ended June 30, 2019 and for the Year Ended December 31, 2018 (Unaudited)	6

Consolidated Statements of Cash Flows: For the ~~Nine~~Six Months Ended ~~September~~June 30, ~~2017~~2019 and ~~September~~June 30, ~~2016~~2018 (Unaudited)	6 7

Notes to the Consolidated Financial Statements (Unaudited)	7 8

ASSETS	September 30, 2017 Unaudited			December 31, 2016 Audited
Current Assets
Cash	$	2,141		$	12,534
Accounts receivable on completed projects		81,248			43,292
Costs and estimated earnings on contracts in progress		58,270			60,349
Inventory		43,137			46,701
Prepaid fees and expenses		-			151,846
Total Current Assets	$	184,796		$	314,722
Fixed Assets
Vehicles, office furniture & equipment – net of accumulated depreciation		23,609			29,726
Other Assets
Investment in long term leases		11,451			11,984
Security deposits		1,800			1,800
Total Other Assets		13,251			13,784
Total Assets	$	221,656		$	358,232

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable and accrued expenses	$	500,721		$	477,439
Billings in excess of costs and earnings on incomplete projects		32,033			-
Current portion of long term debt		-			4,400
Convertible debenture notes		98,935			40,411
Derivative liability on convertible debentures		175,515			397,722
Notes payable – merchant loans		104,963			150,342
Notes payable – related parties		182,363			177,347
Total Current Liabilities		1,094,530			1,247,661

Long term debt, net of current portion		-			-
Total Liabilities		1,094,530			1,247,661

Commitments and contingencies		-			-

Stockholders' Deficit:
Preferred stock, 100,000,000 shares authorized, $0.001 par value, and 15,000,000 shares issued and outstanding at September 30, 2017 and 0 at December 31, 2016		15,000			-
Common stock, 2,000,000,000 shares authorized, $0.001 par value, 129,233,067 and 26,871,876 issued and outstanding at September 30, 2017 and December 31, 2016, respectively.		115,251			3,006
Common shares sold not issued		105,912			23,866
Additional paid-in capital		3,151,951			3,023,926
Accumulated deficit		(4,260,988	)		(3,940,227	)
Total Stockholders' Deficit		(872,874	)		(889,429	)
Total Liabilities and Stockholders' Deficit	$	221,656		$	358,232

	For the Three Months Ended						For the Nine Months Ended
	September 30, 2017			September 30, 2016			September 30, 2017			September 30, 2016
Revenues	$	265,856		$	146,547		$	1,168,680		$	512,075
Cost of Sales		379,326			119,062			861,446			619,551
Gross Profit		(113,470	)		27,485			307,234			(107,476	)
Operating Expenses:
Administrative payroll expense for the period		105,549			72,224			289,899			227,920
Selling, General & Administrative expense		179,909			116,526			312,554			334,286
Total selling and administrative expense		285,458			188,750			602,453			562,206
Income (Loss) from operations		(398,928	)		(161,375	)		(295,219	)		(669,682	)
Other expenses
Interest on notes payable		(105,575	)		(38,393	)		(146,878	)		(93,252	)
Loss on note issuance		(109,889	)					(109,889	)
Gain on extinguished debt		132,737						132,737
Derivative valuation gain (loss)		102,582			(65741	)		224,538			(118,314	)
Derivative finance fees					278,910			(126,050	)		(227,726	)
Total Other (Expenses) Income		19,855			174,776			(25,542	)		(439,292	)

Net income (Loss) before provision for income taxes		(379,073	)		13,401			(320,761	)		(1,108,974	)
Provision for income taxes		-			-			-			-

Net Income (loss)	$	(379,073	)	$	13,401		$	(320,761	)	$	(1,108,974	)
Net Income (loss) per share (Basic and fully diluted)	$	(0.01	)	$	0.01		$	(0.01	)	$	(0.01	)

Weighted average number of common shares used in the calculation including shares to be issued (Basic and diluted)		87,611,195			37,072,741			78,052,471,			35,843,482

	Shares		Par amount		Preferred stock		APIC		Acc. Deficit			Total stockholders' deficit


Balance as of December 31, 2017		6,349,909		6,350		15,000		3,379,536		(4,540,163	)		(1,139,277	)

Shares issued under Regulation S – net of expenses		7,080,100		7,080				441,919					448,999

Net loss for period ended June 30, 2018										(214,283	)		(214,283	)

Balance as of June 30, 2018		13,430,009		13,430		15,000		3,821,455		(4,754,446	)		(904,561	)

	September 30,			September 30,
	2017			2016
Cash Flows from Operating Activities:
Net Income (loss)	$	(320,761	)	$	(1,108,974	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation		6,117			9,886
Shares issued for services		101,400
Changes in operating assets and liabilities:
Change in derivative liability on convertible debt net of discount		58,524			40,411
Accrual of interest expense on derivative valuations		(222,207	)		375,875
Increase in convertible debenture notes					68,714
Increase (Decrease) in Accounts receivable on completed projects		(37,956	)		(991	)
Decrease in accounts receivable on incomplete projects		2,079			115,230
Proceeds from billings in excess of costs on projects		32,033			225,987
Decrease in prepaid expenses		151,846
Change in inventory		3,564			4,928
Increase (decrease) in accounts payable and accrued expenses		23,282			17,922
Net cash used in operating activities		(202,079	)		(251,012	)

Cash Flows from Investing Activities:
Proceeds from investments in long term leases		533			485
Product and lease deposits		-			1,845

Net cash provided by (used for) investing activities		533			2,330

Cash Flows from Financing Activities:
Proceeds from issue of preferred stock		15,000
Proceeds from sale of common stock – net of expenses		220,916			106,017
Loans from directors and other related parties		5,016			70,138
Loans from financial institutions - net of principal payments		(45,379	)		48,976
Retirement of long term debt		(4,400	)		-
Net cash provided by financing activities		191,153			225,131

Net increase (decrease) in cash		(10,393	)		(23,551	)
Cash, beginning of period		12,534			40,035
Cash, end of period	$	2,141		$	16,484

	June 30,			June 30,
	2019			2018
Cash Flows from Operating Activities:
Net income (loss)	$	(595,760	)	$	(214,283	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation		5,290			8,120
Inventory change		(8,046	)		(577	)
Change in amortizable debt discount		28,706			38,953
Gain on derivative conversion					36,230
Change in derivative liability		177,934
Gain or loss on extinguishment of debt		244,712			(39,355	)
Change in convertible debentures					(61,590	)
Changes in Accounts receivable		95,759			(461,328	)
Billings in excess of costs on incomplete projects		217,540			448,246
Accounts payable and accrued expenses		(264,958	)		(67,032	)
Net cash used in operating activities		(98,823	)		(312,616	)

Cash flows from investing activities
Equipment purchased		(924	)		(2,436	)
Proceeds from investments in long term leases		6,278			245
Net cash provided by (used for) investing activities		5,354			(2,191	)

Cash Flows from Financing Activities:
Proceeds from sale of common stock – net of expenses		53,335			282,110
Proceeds of related party notes payable		18,505			(11,439	)
Proceeds from financial institution loans					110,000
Payments on long term debt		(142,601	)		(63,350	)
Payments on merchant notes		(4,652	)
Payments on preferred stock Series C		(141,000	)
Proceeds from convertible note payable		193,300
Proceeds from loans non-affiliate		104,500
Net cash provided by financing activities		81,387			317,321

Net increase (decrease) in cash		(12,082	)		2,514
Cash, beginning of period		67,707			5,046
Cash, end of period	$	55,625		$	7,560

Cash paid for interest - operations	$	146,879	$	93,252
Shares issued for services		101,400		15,000
Note conversion to common shares during 2017		6,290

Cash paid for interest		$	105,988			$	15,281
Income taxes paid or accrued		$	-			$	-

Sales Product and Services Description	June 30, 2019				June 30, 2018
Solar PV residential and commercial sales	$	1,086,010	98	%	$	910,284	84	%
Energy efficient lighting & other income		27,168	2	%		169,701	15	%
Interest Income		448	-	%		496	1	%
Total revenue	$	1,113,626	100	%	$	1,081,021	100	%

Description	September 30, 2017		December 31, 2016
Notes payable – Director bearing interest at 12% per annum, unsecured, demand notes.	$	60,000	$	60,000
Note payable - Officer bearing interest at 12% per annum, unsecured, demand note		61,052		53,501
Note payable – other bearing interest at 12% per annum, unsecured, demand note.		61,311		63,846
Total	$	182,363	$	177,347

	September 30, 2017				December 31, 2016
Derivative Liabilities from Convertible Notes (Level 3)		$	175,515			$	397,722