Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events	6 Months Ended
Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	9. Subsequent Events On July 31, 2015, the Company conducted an initial public offering of its common shares and listed its common shares on the NASDAQ market. The initial public offering was for 6,600,000 shares at $5.00 per share. Net proceeds after commissions, underwriter expenses and offering expenses was $29,935,500. On August 5, 2015, the Convertible Notes were automatically converted into common shares of the Company according to their terms. The Convertible Notes, $6,000,000 principal and $279,678 accrued interest, were converted at $2.50 per share into 2,511,871 common shares. The terms of the Financing Warrants were adjusted to provide for the issuance to NSC of 251,187 common shares of the Company at an exercise price of $3.00 per share. The derivative liability balance as of August 5, 2015 of $7,127,470 was reclassified to additional paid in capital upon the conversion of the Convertible Notes. On August 5, 2015, the United States Department of Agriculture Rural Development, or USDA, issued a conditional commitment to provide a guarantee of up to 90% of the principal amount of a commercial loan that we might acquire from a third party commercial lender. We have no agreements or understandings at this time with any third party commercial lenders about any such commercial loan to us. We will have to obtain a commitment from a third party commercial lender for such commercial loan and negotiate the terms within the constraints of the offered USDA guarantee. If we obtain the loan, we intend to apply the proceeds towards the expansion of our Reno facility, as described further below. On August 13, 2015, the Company sold an additional 641,930 common shares through an underwriter an over-allotment option to the IPO for net proceeds of $2,964,112. On August 21, 2015, the Company started construction of its lead acid battery recycling plant in McCarren, NV on 11.73 acres of land purchased in May 2015. On August 24, 2015, the Company signed a lease for a combination office and manufacturing space in Alameda, CA. The lease is for 21,697 square feet with a 76 month term and $39,911 average monthly rent. The Company has evaluated subsequent events through September 11, 2015 the date which the condensed consolidated financial statements were available to be issued.

Subsequent Events

6 Months Ended

Jun. 30, 2015

9. Subsequent Events

On July 31, 2015, the Company conducted an initial public offering of its common shares and listed its common shares on the NASDAQ market. The initial public offering was for 6,600,000 shares at $5.00 per share. Net proceeds after commissions, underwriter expenses and offering expenses was $29,935,500.

On August 5, 2015, the Convertible Notes were automatically converted into common shares of the Company according to their terms. The Convertible Notes, $6,000,000 principal and $279,678 accrued interest, were converted at $2.50 per share into 2,511,871 common shares. The terms of the Financing Warrants were adjusted to provide for the issuance to NSC of 251,187 common shares of the Company at an exercise price of $3.00 per share. The derivative liability balance as of August 5, 2015 of $7,127,470 was reclassified to additional paid in capital upon the conversion of the Convertible Notes.

On August 5, 2015, the United States Department of Agriculture Rural Development, or USDA, issued a conditional commitment to provide a guarantee of up to 90% of the principal amount of a commercial loan that we might acquire from a third party commercial lender. We have no agreements or understandings at this time with any third party commercial lenders about any such commercial loan to us. We will have to obtain a commitment from a third party commercial lender for such commercial loan and negotiate the terms within the constraints of the offered USDA guarantee. If we obtain the loan, we intend to apply the proceeds towards the expansion of our Reno facility, as described further below.

On August 13, 2015, the Company sold an additional 641,930 common shares through an underwriter an over-allotment option to the IPO for net proceeds of $2,964,112.

On August 21, 2015, the Company started construction of its lead acid battery recycling plant in McCarren, NV on 11.73 acres of land purchased in May 2015.

On August 24, 2015, the Company signed a lease for a combination office and manufacturing space in Alameda, CA. The lease is for 21,697 square feet with a 76 month term and $39,911 average monthly rent.

The Company has evaluated subsequent events through September 11, 2015 the date which the condensed consolidated financial statements were available to be issued.