10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0001477932-16-009358`
Period End Date	20151231
Filing Date	20160330
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	imste-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 20 Cash Flow Statement 30 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`	$475.00	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
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
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	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, 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
Accrued expenses	`AccruedLiabilitiesCurrent`	$75.91K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$168.25K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	13.63M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	12.09M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$62.49K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$57.04K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$132.95K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$230.74K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.09M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$230.74K	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; 12,093,754 and 13,626,920 shares issued and outstanding at December 31, 2015 and 2014, respectively	`CommonStockValue`	$1.21K	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 12,093,754 and 13,626,920 shares issued and outstanding at December 31, 2015 and 2014, respectively	`CommonStockValue`	$1.36K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$660.82K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$660.97K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-892.45K	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`	$-230.27K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$475.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.93K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$204.05K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$98.50K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-204.05K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-98.50K	USD	Annual
Forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	$4.00K	USD	Annual
Interest	`InterestExpenseRelatedParty`	$4.74K	USD	Annual
Interest	`InterestExpenseRelatedParty`	$3.39K	USD	Annual
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-99.24K	USD	Annual
Loss from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-207.44K	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-99.24K	USD	Annual
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted average loss per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.39M	shares	Annual
Weighted average share outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.99M	shares	Annual

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-99.24K	USD	Annual
Net loss	`NetIncomeLoss`	$-207.44K	USD	Annual
Forgiveness of debt	`ForgivenessOfDebt`	$-4.00K	USD	Annual
Forgiveness of debt	`ForgivenessOfDebt`	-	USD	Annual
Increase in Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$37.70K	USD	Annual
Increase in Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$96.34K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.90K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-169.74K	USD	Annual
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	-	USD	Annual
Change in cash held in trust	`PaymentsToInvestInDecommissioningFund`	$-7.50M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.50M	USD	Annual
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	-	USD	Annual
Return of net proceeds from the sale of common stock	`ReturnOfNetProceedsFromSaleOfCommonStock`	$-7.39M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$5.45K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$57.04K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.45K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.33M	USD	Annual
(DECREASE) INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$-1.45K	USD	Annual
(DECREASE) INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$1.93K	USD	Annual
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$475.00	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`	$475.00	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Settlement of notes payable and accrued expenses	`SettlementOfNotesPayableAndAccruedExpenses`	$49.54K	USD	Annual
Settlement of notes payable and accrued expenses	`SettlementOfNotesPayableAndAccruedExpenses`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 10 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`	$-230.27K	USD	Point-in-time
Return of net proceeds from the sale of common stock, Amount	`March112014ReturnOfNetProceedsFromSaleOfCommonStockAmount`	$-7.39M	USD	Annual
Share cancellation, Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-99.24K	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`	$-230.27K	USD	Point-in-time

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