10-Q Filing

ENVIRONMENTAL PACKAGING TECHNOLOGIES HOLDINGS, INC. CIK: 1553734 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-15-003124`
Period End Date	20150331
Filing Date	20150514
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	inst-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 19 Cash Flow Statement 29 Stockholders Equity 10

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$1.93K	USD	Point-in-time
Cash	`Cash`	$327.00	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
Total Current Assets	`AssetsCurrent`	$1.93K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$327.00	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$1.93K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$327.00	USD	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
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$107.42K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$75.91K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$57.04K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$57.04K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	13.63M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	13.63M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$164.46K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$132.95K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$164.46K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$132.95K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	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
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 shares issued and outstanding at March 31, 2015 and December 31, 2014	`CommonStockValue`	$1.36K	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 13,626,920 shares issued and outstanding at March 31, 2015 and December 31, 2014	`CommonStockValue`	$1.36K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$660.82K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$660.82K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-793.21K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-826.31K	USD	Point-in-time
Total stockholder's deficit	`StockholdersEquity`	$-164.13K	USD	Point-in-time
Total stockholder's deficit	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Total stockholder's deficit	`StockholdersEquity`	$7.47M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.93K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$327.00	USD	Point-in-time

Income Statement 19 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$31.98K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$127.09K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-31.98K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-127.09K	USD	1 Quarter
Interest	`InterestExpenseRelatedParty`	$1.12K	USD	1 Quarter
Interest	`InterestExpenseRelatedParty`	-	USD	1 Quarter
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.11K	USD	1 Quarter
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-127.09K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-127.09K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.11K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.09M	shares	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.63M	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-127.09K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.11K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$31.51K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$12.62K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.60K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-114.47K	USD	1 Quarter
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	-	USD	1 Quarter
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	$-7.50M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.50M	USD	1 Quarter
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	$-7.39M	USD	1 Quarter
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.39M	USD	1 Quarter
DECREASE IN CASH	`CashPeriodIncreaseDecrease`	-	USD	1 Quarter
DECREASE IN CASH	`CashPeriodIncreaseDecrease`	$-1.60K	USD	1 Quarter
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$327.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$327.00	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-164.13K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time
March 11, 2014 - Return of net proceeds from the sale of common stock, Amount	`March112014ReturnOfNetProceedsFromSaleOfCommonStockAmount`	$-7.39M	USD	Annual
Net loss	`NetIncomeLoss`	$-127.09K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.11K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-164.13K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time

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