10-Q Filing

ENVIRONMENTAL PACKAGING TECHNOLOGIES HOLDINGS, INC. CIK: 1553734 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001477932-13-002399`
Period End Date	20130331
Filing Date	20130515
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	gsva-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 33 Cash Flow Statement 61

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$6.43K	USD	Point-in-time
Cash	`Cash`	$4.88K	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$1.82K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$2.58K	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$1.94K	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$5.43K	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.95K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$9.96K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$8.37K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.96K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.37K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.26K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	6.47M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.50K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	6.47M	shares	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesNoncurrent`	$9.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	6.47M	shares	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesNoncurrent`	$6.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	6.47M	shares	Point-in-time
Accrued interest	`DepositLiabilitiesAccruedInterest`	$1.36K	USD	Point-in-time
Accrued interest	`DepositLiabilitiesAccruedInterest`	$2.25K	USD	Point-in-time
Loans payable - Insurance	`LoansPayableCurrent`	$3.30K	USD	Point-in-time
Loans payable - Insurance	`LoansPayableCurrent`	-	USD	Point-in-time
Notes payable - Related party	`NotesPayableRelatedPartiesCurrent`	$16.20K	USD	Point-in-time
Notes payable - Related party	`NotesPayableRelatedPartiesCurrent`	$23.70K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.52K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.06K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$25.06K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$41.52K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 6,475,000 shares issued and outstanding	`CommonStockValue`	$648.00	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 6,475,000 shares issued and outstanding	`CommonStockValue`	$648.00	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$9.65K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$9.65K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.86K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.99K	USD	Point-in-time
Total	`StockholdersEquity`	$-31.56K	USD	Point-in-time
Total	`StockholdersEquity`	$-16.69K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$9.96K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$8.37K	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$520.00	USD	2 Qtrs
Revenue	`Revenues`	$350.00	USD	1 Quarter
Revenue	`Revenues`	$3.42K	USD	1 Quarter
Revenue	`Revenues`	$13.54K	USD	7 Qtrs
Revenue	`Revenues`	$6.00K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.69K	USD	7 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.13K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.92K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$19.85K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.38K	USD	2 Qtrs
Income (Loss) from operations	`IncomeLossFromContinuingOperations`	$-13.85K	USD	2 Qtrs
Income (Loss) from operations	`IncomeLossFromContinuingOperations`	$-39.14K	USD	7 Qtrs
Income (Loss) from operations	`IncomeLossFromContinuingOperations`	$-5.57K	USD	1 Quarter
Income (Loss) from operations	`IncomeLossFromContinuingOperations`	$-11.86K	USD	2 Qtrs
Income (Loss) from operations	`IncomeLossFromContinuingOperations`	$-4.71K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.71K	USD	7 Qtrs
Interest expense	`InterestExpense`	$248.00	USD	1 Quarter
Interest expense	`InterestExpense`	$1.02K	USD	2 Qtrs
Interest expense	`InterestExpense`	$495.00	USD	2 Qtrs
Interest expense	`InterestExpense`	$520.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.82K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.23K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-14.87K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-41.86K	USD	7 Qtrs
Net income (loss)	`NetIncomeLoss`	$-12.35K	USD	2 Qtrs
Weighted Average Per Share: Weighted average per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Per Share: Weighted average per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted Average Per Share: Weighted average per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Per Share: Weighted average per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted Average Per Share: Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.52M	shares	1 Quarter
Weighted Average Per Share: Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.47M	shares	1 Quarter
Weighted Average Per Share: Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.47M	shares	2 Qtrs
Weighted Average Per Share: Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.05M	shares	2 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-12.35K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-41.86K	USD	7 Qtrs
Net income (loss)	`ProfitLoss`	$-14.87K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$550.00	USD	7 Qtrs
Stock based compensation	`ShareBasedCompensation`	$-50.00	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-4.08K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-5.43K	USD	7 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.49K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.95K	USD	7 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.95K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.26K	USD	7 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$495.00	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.76K	USD	2 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$3.30K	USD	7 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$3.30K	USD	2 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$4.75K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccountsexpenses`	-	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccountsexpenses`	$11.25K	USD	7 Qtrs
Accrued expenses	`IncreaseDecreaseInAccountsexpenses`	$3.90K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-30.87K	USD	7 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.35K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.24K	USD	2 Qtrs
Purchase of property and equipment	`PropertyPlantAndEquipmentAdditions`	-	USD	7 Qtrs
Purchase of property and equipment	`PropertyPlantAndEquipmentAdditions`	-	USD	2 Qtrs
Purchase of property and equipment	`PropertyPlantAndEquipmentAdditions`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	7 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.75K	USD	7 Qtrs
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.80K	USD	2 Qtrs
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from the issuance of notes	`ProceedsFromNotesPayable`	$26.20K	USD	7 Qtrs
Proceeds from the issuance of notes	`ProceedsFromNotesPayable`	$12.50K	USD	2 Qtrs
Proceeds from the issuance of notes	`ProceedsFromNotesPayable`	$7.50K	USD	2 Qtrs
Repayments of notes	`RepaymentsOfDebt`	$2.50K	USD	7 Qtrs
Repayments of notes	`RepaymentsOfDebt`	-	USD	2 Qtrs
Repayments of notes	`RepaymentsOfDebt`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.30K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.45K	USD	7 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.50K	USD	2 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$2.58K	USD	7 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$3.06K	USD	2 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$-3.85K	USD	2 Qtrs
CASH, BEGINNING OF PERIOD	`Cash`	$6.43K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$4.88K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$1.82K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$2.58K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$6.43K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$4.88K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$1.82K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$2.58K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	7 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	7 Qtrs

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