10-Q/A Filing

MEDIXALL GROUP, INC. CIK: 1601280 Q3 2014

Filing Information

Form Type	10-Q/A
Accession Number	`0001553350-14-001513`
Period End Date	20140930
Filing Date	20141216
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	crcx-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 66 Cash Flow Statement 52 Stockholders Equity 34

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Convertible Preferred Series A stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible Preferred Series A stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible Preferred Series A stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Convertible Preferred Series A stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	600,000.00	shares	Point-in-time
Cash	`Cash`	$45.48K	USD	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	600,000.00	shares	Point-in-time
Cash	`Cash`	$109.81K	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$544.00	USD	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	600,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$45.48K	USD	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	600,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$544.00	USD	Point-in-time
Common Stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$45.48K	USD	Point-in-time
Total Assets	`Assets`	$544.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.75M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.87M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.87M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$241.95K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$103.46K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.75M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.94K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$233.26K	USD	Point-in-time
Accrued expenses - related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$452.77K	USD	Point-in-time
Accrued expenses - related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$247.68K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$38.33K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$43.82K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$966.32K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$453.90K	USD	Point-in-time
Convertible Preferred Series A stock, ($0.001 par value, 1,000.000 shares authorized; 600,000 issued and outstanding at September 30, 2014 and December 31, 2013, respectively)	`PreferredStockValue`	$600.00	USD	Point-in-time
Convertible Preferred Series A stock, ($0.001 par value, 1,000.000 shares authorized; 600,000 issued and outstanding at September 30, 2014 and December 31, 2013, respectively)	`PreferredStockValue`	$600.00	USD	Point-in-time
Common Stock ($0.001 Par Value; 750,000,000 shares authorized; 37,872,068 shares and 37,752,068 issued and outstanding at September 30, 2014 and December 31, 2013, respectively)	`CommonStockValue`	$37.87K	USD	Point-in-time
Common Stock ($0.001 Par Value; 750,000,000 shares authorized; 37,872,068 shares and 37,752,068 issued and outstanding at September 30, 2014 and December 31, 2013, respectively)	`CommonStockValue`	$37.75K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.56M	USD	Point-in-time
Accumulated deficit development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$3.02M	USD	Point-in-time
Accumulated deficit development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$3.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-988.19K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.59M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-355.34K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-431.30K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-965.78K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$45.48K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$544.00	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	$42.50K	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$225.04K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$299.51K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$70.78K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$256.01K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$30.00K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$136.89K	USD	3 Qtrs
Professional fees - related party	`ProfessionalFeesRelatedParty`	$35.81K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$90.00K	USD	3 Qtrs
Management fee - related party	`ManagementFeeRelatedParty`	$19.75K	USD	1 Quarter
Management fee - related party	`ManagementFeeRelatedParty`	-	USD	1 Quarter
Management fee - related party	`ManagementFeeRelatedParty`	$37.22K	USD	3 Qtrs
Management fee - related party	`ManagementFeeRelatedParty`	$1.25K	USD	3 Qtrs
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$270.68K	USD	3 Qtrs
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$113.81K	USD	3 Qtrs
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$46.83K	USD	1 Quarter
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$173.27K	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$4.08K	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$33.71K	USD	3 Qtrs
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$53.57K	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$111.61K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	-	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$95.00K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	-	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	-	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$532.61K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$605.70K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$157.50K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$809.01K	USD	3 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-157.50K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-605.70K	USD	3 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-532.61K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-766.51K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$9.13K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-9.13K	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-157.50K	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-605.70K	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-775.65K	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-532.61K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-532.61K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-605.70K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-157.50K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-988.19K	USD	Annual
Net Loss	`NetIncomeLoss`	$-775.65K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-151.91K	USD	Annual
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 Qtrs
Weighted average number of common shares outstanding - basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.79M	shares	3 Qtrs
Weighted average number of common shares outstanding - basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	33.92M	shares	1 Quarter
Weighted average number of common shares outstanding - basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.35M	shares	3 Qtrs
Weighted average number of common shares outstanding - basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.77M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Loss from operations	`NetIncomeLoss`	$-532.61K	USD	1 Quarter
Loss from operations	`NetIncomeLoss`	$-605.70K	USD	3 Qtrs
Loss from operations	`NetIncomeLoss`	$-157.50K	USD	1 Quarter
Loss from operations	`NetIncomeLoss`	$-988.19K	USD	Annual
Loss from operations	`NetIncomeLoss`	$-775.65K	USD	3 Qtrs
Loss from operations	`NetIncomeLoss`	$-151.91K	USD	Annual
Stock-based compensation - related party	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation - related party	`ShareBasedCompensation`	$512.58K	USD	3 Qtrs
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$45.00K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$38.82K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$138.50K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$642.00	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$174.33K	USD	3 Qtrs
Accrued expenses - related parties	`IncreaseDecreaseInAccruedExpensesRelatedParties`	$205.09K	USD	3 Qtrs
Accrued expenses - related parties	`IncreaseDecreaseInAccruedExpensesRelatedParties`	$122.78K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$112.76K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-5.49K	USD	3 Qtrs
Overdraft liability	`IncreaseDecreaseInOverdraftLiability`	$-219.00	USD	3 Qtrs
Overdraft liability	`IncreaseDecreaseInOverdraftLiability`	-	USD	3 Qtrs
Net Cash Flows Provided by (Used in) Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-48.27K	USD	3 Qtrs
Net Cash Flows Provided by (Used in) Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$11.71K	USD	3 Qtrs
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.33K	USD	3 Qtrs
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$11.71K	USD	3 Qtrs
Net change in par value	`PaymentsForRepurchaseOfEquity`	-	USD	3 Qtrs
Net change in par value	`PaymentsForRepurchaseOfEquity`	$4.40K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$102.50K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.34K	USD	3 Qtrs
Net Cash Flows Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.34K	USD	3 Qtrs
Net Cash Flows Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$98.10K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-44.94K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$109.81K	USD	3 Qtrs
Cash - beginning of period	`Cash`	$45.48K	USD	Point-in-time
Cash - beginning of period	`Cash`	$109.81K	USD	Point-in-time
Cash - beginning of period	`Cash`	-	USD	Point-in-time
Cash - beginning of period	`Cash`	$544.00	USD	Point-in-time
Cash - end of period	`Cash`	$45.48K	USD	Point-in-time
Cash - end of period	`Cash`	$109.81K	USD	Point-in-time
Cash - end of period	`Cash`	-	USD	Point-in-time
Cash - end of period	`Cash`	$544.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	3 Qtrs
Interest	`InterestPaid`	-	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Conversion of debt for common stock	`DebtConversionConvertedInstrumentAmount1`	$128.55K	USD	3 Qtrs
Conversion of debt for common stock	`DebtConversionConvertedInstrumentAmount1`	-	USD	3 Qtrs
Conversion of accrued interest payable for stock	`ConversionOfAccruedInterestPayableForStock`	-	USD	3 Qtrs
Conversion of accrued interest payable for stock	`ConversionOfAccruedInterestPayableForStock`	$45.56K	USD	3 Qtrs
Conversion of accrued expenses - related party to common stock	`ConversionOfAccruedExpensesRelatedPartyToCommonStock`	-	USD	3 Qtrs
Conversion of accrued expenses - related party to common stock	`ConversionOfAccruedExpensesRelatedPartyToCommonStock`	$126.03K	USD	3 Qtrs
Issuance of common stock for services	`StockIssued1`	$45.00K	USD	3 Qtrs
Issuance of common stock for services	`StockIssued1`	-	USD	3 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-355.34K	USD	Point-in-time
Balance	`StockholdersEquity`	$-431.30K	USD	Point-in-time
Balance	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Balance	`StockholdersEquity`	$-965.78K	USD	Point-in-time
Convertible Preferred Series A stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible Preferred Series A stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Issuance of common stock for services related party per share (in dollars per share)	`StockIssuedDuringPeriodIssuedForServicesToRelatedPartyPerShare`	$0.00	USD	Annual
Issuance of Series A convertible preferred shares - related parties	`StockIssuedDuringPeriodValuePreferredStockToRelatedParties`	$1.90K	USD	Annual
Issuance of Series A convertible preferred shares - related parties	`StockIssuedDuringPeriodValuePreferredStockToRelatedParties`	$600.00	USD	Annual
Issuance of common stock for cash per share (in dollars per share)	`StockIssuedDuringPeriodNewIssuesPerShare`	$2.00	USD	Annual
Issuance of common stock for cash per share (in dollars per share)	`StockIssuedDuringPeriodNewIssuesPerShare`	$0.17	USD	3 Qtrs
Issuance of common stock in connection with debt conversion - related party	`StockIssuedDuringPeriodValueConversionOfDebtToRelatedParty`	$115.00K	USD	Annual
Issuance of stock for services per share (in dollars per share)	`StockIssuedDuringPeriodIssuedForServicesPerShare`	$0.45	USD	3 Qtrs
Issuance of stock for services per share (in dollars per share)	`StockIssuedDuringPeriodIssuedForServicesPerShare`	$0.00	USD	Annual
Issuance of common stock in connection with debt conversion	`StockIssuedDuringPeriodValueConversionOfDebt`	$21.05K	USD	Annual
Issuance of common stock in connection with debt conversion	`StockIssuedDuringPeriodValueConversionOfDebt`	$183.24K	USD	Annual
Issuance of common stock for services ($0.001 per share) - related party	`StockIssuedDuringPeriodValueIssuedForServicesToRelatedParty`	$40.00K	USD	Annual
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$53.00K	USD	Annual
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$363.55K	USD	Annual
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$3.34K	USD	3 Qtrs
Issuance of stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$45.00K	USD	3 Qtrs
Issuance of stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$308.68K	USD	Annual
Net loss	`NetIncomeLoss`	$-532.61K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-605.70K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-157.50K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-988.19K	USD	Annual
Net loss	`NetIncomeLoss`	$-775.65K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-151.91K	USD	Annual
Balance	`StockholdersEquity`	$-355.34K	USD	Point-in-time
Balance	`StockholdersEquity`	$-431.30K	USD	Point-in-time
Balance	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Balance	`StockholdersEquity`	$-965.78K	USD	Point-in-time

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