10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0001477932-14-004699`
Period End Date	20131231
Filing Date	20140820
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	inst-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 39 Cash Flow Statement 77 Stockholders Equity 26

Balance Sheet 58 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`	-	USD	Point-in-time
Cash	`Cash`	$7.50M	USD	Point-in-time
Cash	`Cash`	$7.65K	USD	Point-in-time
Cash	`Cash`	$1.82K	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
Prepaid insurance	`PrepaidInsurance`	$7.65K	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid insurance	`PrepaidInsurance`	-	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.50M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$15.30K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$15.30K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$7.50M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	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
Common stock, Issued	`CommonStockSharesIssued`	15.50M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.66K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	16.19M	shares	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesNoncurrent`	$7.50K	USD	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesNoncurrent`	$38.21K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.50M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	16.19M	shares	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`	$21.20K	USD	Point-in-time
Notes payable - related party	`NotesPayable`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.53K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$38.21K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$41.53K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 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; 15,502,081 and 16,187,500 shares issued and outstanding at December 31, 2013 and 2012, respectively	`CommonStockValue`	$1.62K	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 15,502,081 and 16,187,500 shares issued and outstanding at December 31, 2013 and 2012, respectively	`CommonStockValue`	$1.55K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$14.59M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$8.68K	USD	Point-in-time
Deficit accumulated during development stage	`RetainedEarningsAccumulatedDeficit`	$-7.13M	USD	Point-in-time
Deficit accumulated during development stage	`RetainedEarningsAccumulatedDeficit`	$-36.53K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-1.93K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$7.47M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	-	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-26.23K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-16.69K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$15.30K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$7.50M	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	10 Qtrs
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	-	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$530.36K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$530.36K	USD	10 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
(Loss) from operations	`IncomeLossFromContinuingOperations`	$-530.36K	USD	Annual
(Loss) from operations	`IncomeLossFromContinuingOperations`	$-530.36K	USD	10 Qtrs
Loss on sales and cancellation of common stock	`LossOnSalesAndCancellationOfCommonStock`	-	USD	Annual
Loss on sales and cancellation of common stock	`LossOnSalesAndCancellationOfCommonStock`	$-6.54M	USD	10 Qtrs
Loss on sales and cancellation of common stock	`LossOnSalesAndCancellationOfCommonStock`	-	USD	1 Quarter
Loss on sales and cancellation of common stock	`LossOnSalesAndCancellationOfCommonStock`	$-6.54M	USD	Annual
Net loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-7.07M	USD	Annual
Net loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	-	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-7.07M	USD	10 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	-	USD	Annual
Loss from discontinued operations (including $0 from gain or loss on disposal)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-9.55K	USD	1 Quarter
Loss from discontinued operations (including $0 from gain or loss on disposal)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-18.71K	USD	Annual
Loss from discontinued operations (including $0 from gain or loss on disposal)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-55.24K	USD	10 Qtrs
Loss from discontinued operations (including $0 from gain or loss on disposal)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-25.06K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-25.06K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-9.55K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-7.09M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-7.13M	USD	10 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.93K	USD	1 Quarter
Weighted average loss per share - basic and dilutive Continuing operations	`IncomeLossFromOperationsBeforeExtraordinaryItemsPerBasicAndDilutedShare`	$-0.56	USD	Annual
Weighted average loss per share - basic and dilutive Continuing operations	`IncomeLossFromOperationsBeforeExtraordinaryItemsPerBasicAndDilutedShare`	-	USD	1 Quarter
Weighted average loss per share - basic and dilutive Continuing operations	`IncomeLossFromOperationsBeforeExtraordinaryItemsPerBasicAndDilutedShare`	-	USD	Annual
Weighted average loss per share - basic and dilutive Discontinued operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
Weighted average loss per share - basic and dilutive Discontinued operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
Weighted average loss per share - basic and dilutive Discontinued operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Total	`EarningsPerShareBasicAndDiluted`	$-0.56	USD	Annual
Total	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Total	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.94M	shares	Annual
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.65M	shares	Annual
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.19M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-25.06K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-9.55K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-7.09M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-7.13M	USD	10 Qtrs
Net (loss)	`NetIncomeLoss`	$-1.93K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-9.55K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-18.71K	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-55.24K	USD	10 Qtrs
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-25.06K	USD	Annual
Loss on sale and cancellation of common stock	`LossOnSaleAndCancellationOfCommonStock`	$6.54M	USD	Annual
Loss on sale and cancellation of common stock	`LossOnSaleAndCancellationOfCommonStock`	-	USD	Annual
Loss on sale and cancellation of common stock	`LossOnSaleAndCancellationOfCommonStock`	-	USD	1 Quarter
Loss on sale and cancellation of common stock	`LossOnSaleAndCancellationOfCommonStock`	$6.54M	USD	10 Qtrs
Stock based compensation	`ShareBasedCompensation`	$550.00	USD	10 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$38.21K	USD	10 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$38.21K	USD	Annual
Net cash used in continuing operations	`NetCashProvidedByUsedInContinuingOperations`	-	USD	Annual
Net cash used in continuing operations	`NetCashProvidedByUsedInContinuingOperations`	-	USD	1 Quarter
Net cash used in continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-491.60K	USD	10 Qtrs
Net cash used in continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-492.15K	USD	Annual
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-3.78K	USD	1 Quarter
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-11.84K	USD	Annual
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-14.49K	USD	10 Qtrs
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-17.64K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.78K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.64K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-503.99K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-506.09K	USD	10 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	10 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	10 Qtrs
Proceeds on notes receivable	`ProceedsFromSaleOfNotesReceivable`	$5.00M	USD	Annual
Proceeds on notes receivable	`ProceedsFromSaleOfNotesReceivable`	-	USD	10 Qtrs
Repayments of notes receivable	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	10 Qtrs
Repayments of notes receivable	`RepaymentOfNotesReceivableFromRelatedParties`	$-5.00M	USD	Annual
Net cash provided by continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	Annual
Net cash provided by continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$8.00M	USD	10 Qtrs
Net cash provided by continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash provided by continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$8.00M	USD	Annual
Net cash provided by discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$5.00K	USD	1 Quarter
Net cash provided by discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$22.25K	USD	Annual
Net cash provided by discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$9.75K	USD	10 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.01M	USD	10 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.98M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.25K	USD	Annual
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$1.22K	USD	1 Quarter
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$7.50M	USD	10 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$7.50M	USD	Annual
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$4.61K	USD	Annual
CASH, BEGINNING OF PERIOD	`Cash`	$6.43K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$7.50M	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$7.65K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$1.82K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$6.43K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$7.50M	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$7.65K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$1.82K	USD	Point-in-time
Settlement of notes payable and accrued interest	`SettlementOfNotesPayableAndAccruedInterest`	-	USD	10 Qtrs
Settlement of notes payable and accrued interest	`SettlementOfNotesPayableAndAccruedInterest`	-	USD	Annual
Settlement of notes payable and accrued interest	`SettlementOfNotesPayableAndAccruedInterest`	-	USD	1 Quarter
Settlement of notes payable and accrued interest	`SettlementOfNotesPayableAndAccruedInterest`	$40.75K	USD	Annual
Cash paid for interest - discontinued operations	`InterestPaid`	$1.85K	USD	Annual
Cash paid for interest - discontinued operations	`InterestPaid`	$3.95K	USD	10 Qtrs
Cash paid for interest - discontinued operations	`InterestPaid`	$401.00	USD	1 Quarter
Cash paid for interest - discontinued operations	`InterestPaid`	$1.65K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	10 Qtrs

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-1.93K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	-	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-26.23K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-16.69K	USD	Point-in-time
Founder; November 17, 2011; $0.00004 per share, Amount	`FounderNovember1720110.00004PerShareAmount`	$500.00	USD	Annual
Subsidiary Purchase; December 1, 2011; $0.00004 per share, Amount	`SubsidiaryPurchaseDecember120110.00004PerShareAmount`	$50.00	USD	Annual
Reg D Private Placement; March 19, 2012; $0.004 per share, Amount	`RegDPrivatePlacementMarch1920120.004PerShareAmount`	$1.25K	USD	Annual
Reg D Private Placement; April 23, 2012; $0.004 per share, Amount	`RegDPrivatePlacementApril2320120.004PerShareAmount`	$3.25K	USD	Annual
Reg D Private Placement; June 7, 2012; $0.004 per share, Amount	`RegDPrivatePlacementJune720120.004PerShareAmount`	$5.25K	USD	Annual
Shares issued August 9, 2013; $4.266 per share, Amount	`SharesIssuedAugust920134.266PerShareAmount`	$6.00M	USD	Annual
Founders Shares cancelled: August 9, 2013, at purchase price of $0.00004, Amount	`FoundersSharesCancelledAugust92013AtPurchasePriceOf0.00004Amount`	$164.00	USD	Annual
Payments made by prior sole officer and controlling shareholder charged to additional paid in capital	`PaymentsMadeByPriorSoleOfficerAndControllingShareholderChargedToAdditionalPaidInCapital`	$40.75K	USD	Annual
Shares sold for cash: December 9, 2013; $4.266 per share, Amount	`SharesSoldForCashDecember920134.266PerShareAmount`	$2.00M	USD	Annual
Shares sold for cash: December 9, 2013; $0.0001 per share, Amount	`SharesSoldForCashDecember920130.0001PerShareAmount`	$153.00	USD	Annual
Loss on sale of shares at par value; December 9, 2013	`LossOnSaleOfSharesAtParValueDecember92013`	$6.54M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-25.06K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-9.55K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-7.09M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-7.13M	USD	10 Qtrs
Net (loss)	`NetIncomeLoss`	$-1.93K	USD	1 Quarter
Ending Balance, Amount	`StockholdersEquity`	$-1.93K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	-	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-26.23K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-16.69K	USD	Point-in-time

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