10-K Filing

ENVIRONMENTAL PACKAGING TECHNOLOGIES HOLDINGS, INC. CIK: 1553734 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001477932-17-000849`
Period End Date	20161231
Filing Date	20170217
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	imste-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 20 Cash Flow Statement 28 Stockholders Equity 10

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$475.00	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, 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`	$475.00	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$475.00	USD	Point-in-time
Preferred stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$475.00	USD	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`	108.54M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$215.85K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	108.54M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$168.25K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	26.25M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$62.49K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	23.81M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	23.81M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$230.74K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$215.85K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	26.25M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$215.85K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$230.74K	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, 108,539,500 shares authorized; 23,810,861 and 26,253,000 shares issued and outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$2.62K	USD	Point-in-time
Common stock, $0.0001 par value, 108,539,500 shares authorized; 23,810,861 and 26,253,000 shares issued and outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$2.38K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$659.56K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$659.80K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-877.55K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-892.45K	USD	Point-in-time
Total stockholder's deficit	`StockholdersEquity`	$-230.27K	USD	Point-in-time
Total stockholder's deficit	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Total stockholder's deficit	`StockholdersEquity`	$-215.37K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$475.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$475.00	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`	$98.50K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$88.80K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-98.50K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-88.80K	USD	Annual
Forgiveness of debt	`DebtInstrumentDecreaseForgiveness`	$-4.00K	USD	Annual
Forgiveness of debt	`DebtInstrumentDecreaseForgiveness`	$-116.19K	USD	Annual
Interest	`InterestExpenseRelatedParty`	$12.49K	USD	Annual
Interest	`InterestExpenseRelatedParty`	$4.74K	USD	Annual
Income (loss) from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.89K	USD	Annual
Income (loss) from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-99.24K	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net income (loss)	`NetIncomeLoss`	$14.89K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-99.24K	USD	Annual
Weighted average income (loss) per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted average income (loss) per share - basic and dilutive	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted average shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.59M	shares	Annual
Weighted average shares outstanding - basic and dilutive	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.07M	shares	Annual

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$14.89K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-99.24K	USD	Annual
Gain on forgiveness of debt	`DebtInstrumentDecreaseForgiveness`	$-4.00K	USD	Annual
Gain on forgiveness of debt	`DebtInstrumentDecreaseForgiveness`	$-116.19K	USD	Annual
Increase in Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$101.29K	USD	Annual
Increase in Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$96.34K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.90K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$5.45K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.45K	USD	Annual
INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-1.45K	USD	Annual
INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	-	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, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.93K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$475.00	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Accrued expenses paid by note holder	`AccruedExpensesPaidByNoteHolder`	$33.29K	USD	Annual
Accrued expenses paid by note holder	`AccruedExpensesPaidByNoteHolder`	-	USD	Annual
Cancellation of shares	`CancellationOfShares`	$244.00	USD	Annual
Cancellation of shares	`CancellationOfShares`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-230.27K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-215.37K	USD	Point-in-time
Share cancellation, Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	Annual
Share cancellation, Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	Annual
Net loss	`NetIncomeLoss`	$14.89K	USD	Annual
Net loss	`NetIncomeLoss`	$-99.24K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-230.27K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-131.03K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-215.37K	USD	Point-in-time

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