10-K Filing

ENVIRONMENTAL PACKAGING TECHNOLOGIES HOLDINGS, INC. CIK: 1553734 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001477932-15-002806`
Period End Date	20141231
Filing Date	20150430
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	inst-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 15 Cash Flow Statement 27 Stockholders Equity 14

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	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
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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
Cash	`Cash`	$1.93K	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
Cash held in trust	`AssetsHeldInTrustCurrent`	-	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	13.63M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.50M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.93K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.93K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$75.91K	USD	Point-in-time
Notes payable	`NotesPayable`	$57.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.95K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$132.95K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`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
Common stock, $0.0001 par value, 50,000,000 shares authorized; 13,626,920 and 15,502,081 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$1.36K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$660.82K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-585.77K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-793.21K	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$7.47M	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$-26.23K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$1.93K	USD	Point-in-time

Income Statement 15 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$204.05K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-204.05K	USD	Annual
Interest	`InterestAndDebtExpense`	$3.39K	USD	Annual
Loss on cancellation of common stock	`LossOnSalesAndCancellationOfCommonStock`	-	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-207.44K	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-207.44K	USD	Annual
Net Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-549.24K	USD	Annual
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Weighted average loss per share - basic and dilutive Continuing operations	`IncomeLossFromOperationsBeforeExtraordinaryItemsPerBasicAndDilutedShare`	$-0.01	USD	Annual
Weighted average loss per share - basic and dilutive Discontinued operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
Total	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.99M	shares	Annual

Cash Flow Statement 27 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-549.24K	USD	Annual
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Net Loss from discontinued operations	`NetLossFromDiscontinuedOperations`	-	USD	Annual
Net loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-207.44K	USD	Annual
Loss on cancellation of common stock	`LossOnCancellationOfCommonStock1`	-	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$37.70K	USD	Annual
Net cash used in operating activities of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-169.74K	USD	Annual
Net cash used in operating activities of discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-169.74K	USD	Annual
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	$-7.50M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.50M	USD	Annual
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	$-7.39M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$57.04K	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds on notes receivable	`ProceedsFromSaleOfNotesReceivable`	-	USD	Annual
Repayments of notes receivable	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Net cash (used in) provided by financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-7.33M	USD	Annual
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.33M	USD	Annual
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$1.93K	USD	Annual
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Settlement of notes payable and accrued expenses	`SettlementOfNotesPayableAndAccruedInterest`	-	USD	Annual
Cash paid for interest - discontinued operations	`InterestPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-26.23K	USD	Point-in-time
Shares sold for cash: August 9, 2013; $4.266 per share, Amount	`SharesSoldForCashAugustPerShareAmount`	$6.00M	USD	Annual
Founders Shares cancelled: August 9, 2013, at purchase price of $0.00004, Amount	`FoundersSharesCancelledAugustAtPurchasePriceOfAmount`	$164.00	USD	Annual
Payments made by prior sole officer and controlling shareholder charged to additional paid in capital, Amount	`PaymentsMadeByPriorSoleOfficerAndControllingShareholderChargedToAdditionalPaidInCapitalAmount`	$40.75K	USD	Annual
Shares sold for cash: December 9, 2013; $4.266 per share, Amount	`SharesSoldForCashDecemberPerShareAmount`	$2.00M	USD	Annual
Shares sold for cash: December 9, 2013; $0.0001 per share, Amount	`SharesSoldForCashDecember.0001PerShareAmount`	$153.00	USD	Annual
March 11, 2014 - Return of net proceeds from the sale of common stock, Amount	`MarchReturnOfNetProceedsFromSaleOfCommonStockAmount`	$-7.39M	USD	Annual
Net loss	`NetIncomeLoss`	$-549.24K	USD	Annual
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-26.23K	USD	Point-in-time

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