10-Q Filing

MEDICAL INNOVATION HOLDINGS, INC. CIK: 1093248 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001493152-17-003773`
Period End Date	20170131
Filing Date	20170412
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	mihi-20170131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 18 Cash Flow Statement 18

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$33.86K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.86K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.60K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$33.86K	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
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$592.97K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$441.93K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	38.76M	shares	Point-in-time
Notes payable	`NotesPayableCurrent`	$276.12K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.21M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.21M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.76M	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`	$663.67K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$869.10K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 common shares authorized, 38,755,022 and 37,209,022 issued and outstanding on January 31, 2017 and April 30, 2016, respectively	`CommonStockValue`	$3.88K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 common shares authorized, 38,755,022 and 37,209,022 issued and outstanding on January 31, 2017 and April 30, 2016, respectively	`CommonStockValue`	$3.72K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-3.72K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$440.90K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-662.07K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.28M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-662.07K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-835.24K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$1.60K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$33.86K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-617.94K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$-314.06K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	-	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	-	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-617.94K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-314.06K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-314.06K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-617.94K	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.02	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.02	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.98M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.59M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.59M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.98M	shares	3 Qtrs

Cash Flow Statement 18 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLoss`	$-314.06K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-617.94K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$389.33K	USD	3 Qtrs
Stock issued for services	`IncreaseDecreaseInStockIssuedForServices`	$149.31K	USD	3 Qtrs
Notes payable and short term debt	`IncreaseDecreaseInNotesPayableCurrent`	$-165.81K	USD	3 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-245.11K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Decrease in Notes Payable and short term debt	`DecreaseInNotesPayableAndShortTermDebt`	$-18.10K	USD	3 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$295.46K	USD	3 Qtrs
Due to Shareholders	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$277.36K	USD	3 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$32.26K	USD	3 Qtrs
CASH, Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
CASH, Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.86K	USD	Point-in-time
CASH, Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60K	USD	Point-in-time
CASH, Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$33.86K	USD	Point-in-time
Interest Paid	`InterestPaid`	-	USD	3 Qtrs
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

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