10-Q Filing

ENVIRONMENTAL PACKAGING TECHNOLOGIES HOLDINGS, INC. CIK: 1553734 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001477932-13-005784`
Period End Date	20130930
Filing Date	20131119
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	inst-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 33 Cash Flow Statement 55

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$8.79K	USD	Point-in-time
Cash	`Cash`	$4.21K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$6.43K	USD	Point-in-time
Cash	`Cash`	$7.65K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Funds held in attorney trust account	`FundsHeldInAttorneyTrustAccount`	-	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Funds held in attorney trust account	`FundsHeldInAttorneyTrustAccount`	$5.69M	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$7.65K	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	-	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$15.30K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.70M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$15.30K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.70M	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	16.19M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	13.50M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.66K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	16.19M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	13.50M	shares	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesNoncurrent`	$7.50K	USD	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesNoncurrent`	$102.75K	USD	Point-in-time
Accrued interest	`DepositLiabilitiesAccruedInterest`	-	USD	Point-in-time
Accrued interest	`DepositLiabilitiesAccruedInterest`	$1.73K	USD	Point-in-time
Loans payable - Insurance	`LoansPayable`	$5.44K	USD	Point-in-time
Loans payable - Insurance	`LoansPayable`	-	USD	Point-in-time
Notes payable - Related party	`NotesPayable`	-	USD	Point-in-time
Notes payable - Related party	`NotesPayable`	$21.20K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.53K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.75K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$102.75K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$41.53K	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; 13,500,092 and 16,187,500 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively (5,400,035 and 6,475,000 shares issued and outstanding pre-split - See Note 8)	`CommonStockValue`	$1.35K	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 13,500,092 and 16,187,500 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively (5,400,035 and 6,475,000 shares issued and outstanding pre-split - See Note 8)	`CommonStockValue`	$1.62K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$8.68K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$6.06M	USD	Point-in-time
Accumulated equity (deficit)	`RetainedEarningsAccumulatedDeficit`	$-465.50K	USD	Point-in-time
Accumulated equity (deficit)	`RetainedEarningsAccumulatedDeficit`	$-36.53K	USD	Point-in-time
Total	`StockholdersEquity`	$-26.23K	USD	Point-in-time
Total	`StockholdersEquity`	$5.59M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$5.70M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$15.30K	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$34.66K	USD	3 Qtrs
Revenue	`Revenues`	$4.05K	USD	1 Quarter
Revenue	`Revenues`	$44.78K	USD	9 Qtrs
Revenue	`Revenues`	$7.38K	USD	3 Qtrs
Revenue	`Revenues`	$13.14K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$28.83K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$427.45K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.66K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$461.78K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$506.33K	USD	9 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-21.45K	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-12.61K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-427.12K	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-414.32K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-461.55K	USD	9 Qtrs
Interest expense	`InterestExpenseOther`	$1.85K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$1.53K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$408.00	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$3.95K	USD	9 Qtrs
Interest expense	`InterestExpenseOther`	$435.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-428.97K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-465.50K	USD	9 Qtrs
Net loss	`NetIncomeLoss`	$-22.98K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-414.75K	USD	1 Quarter
Weighted average earnings per share - basic and dilutive	`WeightedAverageEarningsPerShareContinuedOperations`	$-0.03	USD	1 Quarter
Weighted average earnings per share - basic and dilutive	`WeightedAverageEarningsPerShareContinuedOperations`	-	USD	3 Qtrs
Weighted average earnings per share - basic and dilutive	`WeightedAverageEarningsPerShareContinuedOperations`	$-0.03	USD	3 Qtrs
Weighted average earnings per share - basic and dilutive	`WeightedAverageEarningsPerShareContinuedOperations`	-	USD	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.01M	shares	3 Qtrs
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.64M	shares	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.19M	shares	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.67M	shares	3 Qtrs

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-22.35K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-465.50K	USD	9 Qtrs
Net loss	`ProfitLoss`	$-428.97K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$550.00	USD	9 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-7.65K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-7.00K	USD	9 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.34K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.97K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	9 Qtrs
Accrued expenses	`AccruedExpenses`	$102.75K	USD	9 Qtrs
Accrued expenses	`AccruedExpenses`	$-7.29K	USD	3 Qtrs
Accrued expenses	`AccruedExpenses`	$95.25K	USD	3 Qtrs
Accrued interest	`DebtInstrumentIncreaseAccruedInterest`	$-7.14K	USD	3 Qtrs
Accrued interest	`DebtInstrumentIncreaseAccruedInterest`	$-1.61K	USD	3 Qtrs
Accrued interest	`DebtInstrumentIncreaseAccruedInterest`	$-1.34K	USD	9 Qtrs
Loans payable - Insurance	`IncreaseDecreaseInNotesPayableRelatedParties`	$-5.44K	USD	3 Qtrs
Loans payable - Insurance	`IncreaseDecreaseInNotesPayableRelatedParties`	-	USD	3 Qtrs
Loans payable - Insurance	`IncreaseDecreaseInNotesPayableRelatedParties`	-	USD	9 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-328.56K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.53K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-351.86K	USD	9 Qtrs
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$311.70K	USD	3 Qtrs
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$324.13K	USD	9 Qtrs
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.75K	USD	3 Qtrs
Proceeds from the issuance of notes	`ProceedsFromRelatedPartyDebt`	$7.50K	USD	3 Qtrs
Proceeds from the issuance of notes	`ProceedsFromRelatedPartyDebt`	$41.70K	USD	9 Qtrs
Proceeds from the issuance of notes	`ProceedsFromRelatedPartyDebt`	$18.00K	USD	3 Qtrs
Repayments of notes	`ProceedsFromRepaymentsOfNotesPayable`	$-2.50K	USD	9 Qtrs
Repayments of notes	`ProceedsFromRepaymentsOfNotesPayable`	-	USD	3 Qtrs
Repayments of notes	`ProceedsFromRepaymentsOfNotesPayable`	$-2.50K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$360.83K	USD	9 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$329.70K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.75K	USD	3 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$8.79K	USD	9 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$1.14K	USD	3 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$2.22K	USD	3 Qtrs
CASH, BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$8.79K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$4.21K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$6.43K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$7.65K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$8.79K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$4.21K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$6.43K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$7.65K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$241.00	USD	9 Qtrs
Cash paid for interest	`InterestPaid`	$241.00	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	9 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs

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