10-Q Filing

MEDICAL INNOVATION HOLDINGS, INC. CIK: 1093248 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001493152-16-016076`
Period End Date	20161031
Filing Date	20161221
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	mihi-20161031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 18 Cash Flow Statement 14

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$15.78K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.60K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.78K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$15.78K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.60K	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
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$203.64K	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`	$463.51K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$276.02K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.21M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$441.93K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.42M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.42M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.21M	shares	Point-in-time
Short term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Short term debt	`ShortTermBorrowings`	$18.10K	USD	Point-in-time
Related Parties - short-term borrowings from shareholders	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Related Parties - short-term borrowings from shareholders	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$739.53K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$663.67K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 common shares authorized, 38,420,022 and 37,209,022 issued and outstanding on October 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, 38,420,022 and 37,209,022 issued and outstanding on October 31, 2016 and April 30, 2016, respectively	`CommonStockValue`	$3.84K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-3.72K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$238.36K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-965.96K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-662.07K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-662.07K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-723.75K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$15.78K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$1.60K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-303.88K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-57.20K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	-	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-303.88K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-57.20K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-303.88K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-57.20K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.24M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.94M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.24M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.94M	shares	2 Qtrs

Cash Flow Statement 14 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLoss`	$-303.88K	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-57.20K	USD	1 Quarter
Notes Payable and short term debt	`IncreaseDecreaseInNotesPayableCurrent`	$-184.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$259.87K	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-228.02K	USD	2 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$242.20K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$242.20K	USD	2 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.18K	USD	2 Qtrs
CASH, Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.78K	USD	Point-in-time
CASH, Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
CASH, Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$15.78K	USD	Point-in-time
CASH, Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
Interest Paid	`InterestPaid`	-	USD	2 Qtrs
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

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