Blue Earth, Inc. - 10-Q filing on 2012-05-21

Subsequent Events	3 Months Ended
Mar. 31, 2012
Subsequent Events
Subsequent Events [Text Block]	NOTE 5 - SUBSEQUENT EVENTS On April 18, 2012 a note holder agreed to convert $677,475 of the Company’s debt to 509,533 shares of the Company’s common stock. The Company also issued 29,678 shares of its common stock to a consultant for services valued at $1.39 per share. The Company also granted 660,000 warrants to consultants with an exercise price of $1.39 per share and an expiration date of May 10, 2018. The Company extended the expiration date of 500,000 warrants previously granted to the consultants to May 10, 2017. In accordance with ASC 855-10, the Company’s management has reviewed all material events there are no additional material subsequent events to report.

Subsequent Events

3 Months Ended

Mar. 31, 2012

NOTE 5 - SUBSEQUENT EVENTS

On April 18, 2012 a note holder agreed to convert $677,475 of the Company’s debt to 509,533 shares of the Company’s common stock. The Company also issued 29,678 shares of its common stock to a consultant for services valued at $1.39 per share. The Company also granted 660,000 warrants to consultants with an exercise price of $1.39 per share and an expiration date of May 10, 2018. The Company extended the expiration date of 500,000 warrants previously granted to the consultants to May 10, 2017.

In accordance with ASC 855-10, the Company’s management has reviewed all material events there are no additional material subsequent events to report.