10-Q Filing

MEDICAL INNOVATION HOLDINGS, INC. CIK: 1093248 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001493152-16-014136`
Period End Date	20160731
Filing Date	20161019
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	mihi-20160731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 9 Cash Flow Statement 13

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$69.82K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.60K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$69.82K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.60K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$69.82K	USD	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, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$344.64K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$203.64K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.21M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$441.93K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$441.93K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.07M	shares	Point-in-time
Short term debt	`ShortTermBorrowings`	$18.10K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.21M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.07M	shares	Point-in-time
Short term debt	`ShortTermBorrowings`	$18.10K	USD	Point-in-time
Related Parties - short-term borrowings from shareholders	`DueToOfficersOrStockholdersCurrent`	$1.90K	USD	Point-in-time
Related Parties - short-term borrowings from shareholders	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$663.67K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$806.57K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 common shares authorized, 38,069,012 and 37,209,012 issued and outstanding on July 31, 2016 and April 30, 2016, respectively	`CommonStockValue`	$3.72K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 common shares authorized, 38,069,012 and 37,209,012 issued and outstanding on July 31, 2016 and April 30, 2016, respectively	`CommonStockValue`	$3.81K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-3.72K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$168.19K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-662.07K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-908.75K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-736.75K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-662.07K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$1.60K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$69.82K	USD	Point-in-time

Income Statement 9 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-246.68K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$-246.68K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-246.68K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-246.68K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.64M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.64M	shares	1 Quarter

Cash Flow Statement 13 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLoss`	$-246.68K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$141.00K	USD	1 Quarter
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-105.68K	USD	1 Quarter
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$172.00K	USD	1 Quarter
Change to due to Shareholders	`ProceedsFromRelatedPartyDebt`	$1.90K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$173.90K	USD	1 Quarter
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$68.22K	USD	1 Quarter
CASH, Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
CASH, Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$69.82K	USD	Point-in-time
CASH, Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
CASH, Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$69.82K	USD	Point-in-time
Interest Paid	`InterestPaid`	-	USD	1 Quarter
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter

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