10-Q Filing

ENVIRONMENTAL PACKAGING TECHNOLOGIES HOLDINGS, INC. CIK: 1553734 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-15-007233`
Period End Date	20150930
Filing Date	20151120
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	imste-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 41 Cash Flow Statement 35 Stockholders Equity 12

Balance Sheet 45 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
Cash	`Cash`	$475.00	USD	Point-in-time
Cash	`Cash`	$1.93K	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$475.00	USD	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.93K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.93K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$475.00	USD	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
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$150.40K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$75.91K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	13.63M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$59.54K	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, outstanding	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$209.94K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$132.95K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$209.94K	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 September 30, 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 September 30, 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`	$-871.64K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-793.21K	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 stockholder's deficit	`StockholdersEquity`	$-209.46K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.93K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$475.00	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	3 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	3 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$173.56K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$21.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$33.65K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$78.92K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-173.56K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-78.92K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-33.65K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.00K	USD	1 Quarter
Forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	$4.00K	USD	3 Qtrs
Forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Interest	`InterestExpenseRelatedParty`	$3.51K	USD	3 Qtrs
Interest	`InterestExpenseRelatedParty`	$1.15K	USD	1 Quarter
Interest	`InterestExpenseRelatedParty`	$1.20K	USD	1 Quarter
Interest	`InterestExpenseRelatedParty`	$2.24K	USD	3 Qtrs
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-175.80K	USD	3 Qtrs
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.15K	USD	1 Quarter
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-78.44K	USD	3 Qtrs
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-34.85K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-175.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-78.44K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-22.15K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Net loss	`NetIncomeLoss`	$-34.85K	USD	1 Quarter
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.63M	shares	3 Qtrs
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.63M	shares	1 Quarter
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.11M	shares	3 Qtrs
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.63M	shares	1 Quarter

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-175.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-78.44K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-22.15K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Net loss	`NetIncomeLoss`	$-34.85K	USD	1 Quarter
Increase in Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$21.06K	USD	3 Qtrs
Increase in Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$74.48K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.95K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-154.74K	USD	3 Qtrs
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	-	USD	3 Qtrs
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	$-7.50M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.50M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	-	USD	3 Qtrs
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	$-7.39M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$57.04K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$2.50K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.50K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.33M	USD	3 Qtrs
(DECREASE) INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$16.93K	USD	3 Qtrs
(DECREASE) INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$-1.45K	USD	3 Qtrs
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$475.00	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$16.93K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$475.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$16.93K	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Settlement of notes payable and accrued expenses	`SettlementOfNotesPayableAndAccruedExpenses`	-	USD	3 Qtrs
Settlement of notes payable and accrued expenses	`SettlementOfNotesPayableAndAccruedExpenses`	$49.54K	USD	3 Qtrs

Stockholders Equity 12 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`	$-209.46K	USD	Point-in-time
Return of net proceeds from the sale of common stock, Amount	`March112014ReturnOfNetProceedsFromSaleOfCommonStockAmount`	$-7.39M	USD	Annual
Net loss	`NetIncomeLoss`	$-175.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-78.44K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-22.15K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Net loss	`NetIncomeLoss`	$-34.85K	USD	1 Quarter
Ending Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$7.47M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-209.46K	USD	Point-in-time

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