10-K Filing

AIXIN LIFE INTERNATIONAL, INC. CIK: 835662 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001144204-14-052253`
Period End Date	20140531
Filing Date	20140825
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	mcar-20140531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 16 Cash Flow Statement 52 Stockholders Equity 8

Balance Sheet 28 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`Cash`	$1.50K	USD	Point-in-time
Cash	`Cash`	$42.00	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	950.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	950.00M	shares	Point-in-time
Prepaid Expense	`PrepaidExpenseCurrentAndNoncurrent`	$1.35K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	45.41M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	45.41M	shares	Point-in-time
Prepaid Expense	`PrepaidExpenseCurrentAndNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$42.00	USD	Point-in-time
Total Assets	`Assets`	$2.85K	USD	Point-in-time
Accounts Payable & Accrued Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.12K	USD	Point-in-time
Accounts Payable & Accrued Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.27K	USD	Point-in-time
Shareholder Advances	`DueToOfficersOrStockholdersCurrent`	$46.50K	USD	Point-in-time
Shareholder Advances	`DueToOfficersOrStockholdersCurrent`	$23.50K	USD	Point-in-time
Total Liabilities	`Liabilities`	$50.62K	USD	Point-in-time
Total Liabilities	`Liabilities`	$27.77K	USD	Point-in-time
Common Stock, Par value $.00001; Authorized 950,000,000 shares, Issued 45,411,400 shares at May 31, 2014 and 2013	`CommonStockValue`	$454.00	USD	Point-in-time
Common Stock, Par value $.00001; Authorized 950,000,000 shares, Issued 45,411,400 shares at May 31, 2014 and 2013	`CommonStockValue`	$454.00	USD	Point-in-time
Paid-In Capital	`AdditionalPaidInCapital`	$158.72K	USD	Point-in-time
Paid-In Capital	`AdditionalPaidInCapital`	$158.72K	USD	Point-in-time
Deficit accumulated during the development stage since March 1, 2004 in connection with quasi reorganization	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$206.95K	USD	Point-in-time
Deficit accumulated during the development stage since March 1, 2004 in connection with quasi reorganization	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$186.90K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-27.72K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-47.77K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$42.00	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.85K	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
Revenues:	`Revenues`	-	USD	Annual
Revenues:	`Revenues`	-	USD	41 Qtrs
Revenues:	`Revenues`	-	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$20.05K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$205.48K	USD	41 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$18.50K	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Interest expense	`InterestExpense`	$1.47K	USD	41 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-20.05K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-18.50K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-206.95K	USD	41 Qtrs
Basic & Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	Annual
Basic & Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	Annual
Weighted Average Shares	`WeightedAverageNumberOfSharesOutstandingBasic`	45.41M	shares	Annual
Weighted Average Shares	`WeightedAverageNumberOfSharesOutstandingBasic`	45.41M	shares	Annual

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-20.05K	USD	Annual
Net Loss	`NetIncomeLoss`	$-18.50K	USD	Annual
Net Loss	`NetIncomeLoss`	$-206.95K	USD	41 Qtrs
Decrease in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-14.84K	USD	41 Qtrs
Decrease in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-1.01K	USD	Annual
Decrease in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-142.00	USD	Annual
(Increase) in Prepaid Expense	`IncreaseDecreaseInPrepaidExpense`	$1.35K	USD	41 Qtrs
(Increase) in Prepaid Expense	`IncreaseDecreaseInPrepaidExpense`	$1.35K	USD	Annual
Increase in Accrued Interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Increase in Accrued Interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Increase in Accrued Interest	`IncreaseDecreaseInInterestPayableNet`	$1.47K	USD	41 Qtrs
Net Cash Used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-221.67K	USD	41 Qtrs
Net Cash Used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.51K	USD	Annual
Net Cash Used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.54K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	41 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Payments on shareholder loans	`RepaymentsOfRelatedPartyDebt`	$610.00	USD	41 Qtrs
Payments on shareholder loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Payments on shareholder loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Proceeds from shareholder advance	`ProceedsFromRelatedPartyDebt`	$23.00K	USD	Annual
Proceeds from shareholder advance	`ProceedsFromRelatedPartyDebt`	$18.50K	USD	Annual
Proceeds from shareholder advance	`ProceedsFromRelatedPartyDebt`	$79.85K	USD	41 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$20.00K	USD	41 Qtrs
Proceeds from sale of stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from sale of stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from sale of stock	`ProceedsFromIssuanceOfCommonStock`	$68.82K	USD	41 Qtrs
Cash contributed by shareholders	`ProceedsFromContributedCapital`	$55.00K	USD	41 Qtrs
Cash contributed by shareholders	`ProceedsFromContributedCapital`	-	USD	Annual
Cash contributed by shareholders	`ProceedsFromContributedCapital`	-	USD	Annual
Net Cash Provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.00K	USD	Annual
Net Cash Provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.50K	USD	Annual
Net Cash Provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$223.06K	USD	41 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.39K	USD	41 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.46K	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.01K	USD	Annual
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.05K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$110.00	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.00	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.05K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$110.00	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	41 Qtrs
Interest	`InterestPaid`	-	USD	Annual
Interest	`InterestPaid`	-	USD	Annual
Franchise and income taxes	`IncomeTaxesPaid`	-	USD	41 Qtrs
Franchise and income taxes	`IncomeTaxesPaid`	-	USD	Annual
Franchise and income taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Shares issued for cash (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	43.82M	shares	Point-in-time
Capital contributed by shareholders	`ProceedsFromContributedCapital`	$55.00K	USD	41 Qtrs
Capital contributed by shareholders	`ProceedsFromContributedCapital`	-	USD	Annual
Capital contributed by shareholders	`ProceedsFromContributedCapital`	-	USD	Annual
Issuance of shares for notes payable (in shares)	`StockIssuedDuringPeriodSharesForNotesPayable`	571,428.00	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-20.05K	USD	Annual
Net loss	`NetIncomeLoss`	$-18.50K	USD	Annual
Net loss	`NetIncomeLoss`	$-206.95K	USD	41 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.