10-Q Filing

MEDIXALL GROUP, INC. CIK: 1601280 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001553350-15-000498`
Period End Date	20150331
Filing Date	20150515
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	crcx-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 29 Cash Flow Statement 33 Stockholders Equity 13

Balance Sheet 47 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`	1,000.00	shares	Point-in-time
Convertible Preferred Series A stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`Cash`	$378.00	USD	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	600,000.00	shares	Point-in-time
Cash	`Cash`	$7.02K	USD	Point-in-time
Cash	`Cash`	$45.48K	USD	Point-in-time
Cash	`Cash`	$11.23K	USD	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	600,000.00	shares	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	600,000.00	shares	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	600,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.02K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$378.00	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`	$7.02K	USD	Point-in-time
Total Assets	`Assets`	$378.00	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`	37.87M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.87M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$312.47K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.87M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.87M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$274.28K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.57K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$211.91K	USD	Point-in-time
Accrued expenses - related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$505.37K	USD	Point-in-time
Accrued expenses - related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$578.70K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$38.33K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$38.33K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.14M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.04M	USD	Point-in-time
Convertible Preferred Series A stock, $0.001 par value, 1,000.000 authorized; 600,000 issued and outstanding at March 31 2015 and December 31, 2014	`PreferredStockValue`	$600.00	USD	Point-in-time
Convertible Preferred Series A stock, $0.001 par value, 1,000.000 authorized; 600,000 issued and outstanding at March 31 2015 and December 31, 2014	`PreferredStockValue`	$600.00	USD	Point-in-time
Common Stock ($0.001 Par Value; 750,000,000 shares authorized; 37,872,068 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively)	`CommonStockValue`	$37.87K	USD	Point-in-time
Common Stock ($0.001 Par Value; 750,000,000 shares authorized; 37,872,068 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively)	`CommonStockValue`	$37.87K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.61M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.78M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.13M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.04M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$7.02K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$378.00	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`Revenues`	-	USD	1 Quarter
Net Sales	`Revenues`	-	USD	1 Quarter
Cost of Goods Sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of Goods Sold	`CostOfRevenue`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$19.56K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$37.64K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$38.09K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$30.00K	USD	1 Quarter
Management fee - related party	`ManagementFeeRelatedParty`	-	USD	1 Quarter
Management fee - related party	`ManagementFeeRelatedParty`	$1.25K	USD	1 Quarter
Consulting	`ConsultingFees`	-	USD	1 Quarter
Consulting	`ConsultingFees`	$41.90K	USD	1 Quarter
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$32.57K	USD	1 Quarter
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$44.12K	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$16.10K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$90.23K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$171.02K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-90.23K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-171.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-171.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-90.23K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-684.09K	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`	-	USD	1 Quarter
Weighted average number of common shares outstanding during the periods - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.86M	shares	1 Quarter
Weighted average number of common shares outstanding during the periods - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.76M	shares	1 Quarter

Cash Flow Statement 33 line items

Line Item	Tag	Value	Unit	Period
Loss from operations	`NetIncomeLoss`	$-171.02K	USD	1 Quarter
Loss from operations	`NetIncomeLoss`	$-90.23K	USD	1 Quarter
Loss from operations	`NetIncomeLoss`	$-684.09K	USD	Annual
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$29.73K	USD	1 Quarter
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$38.19K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.66K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.44K	USD	1 Quarter
Accrued expenses - related party	`IncreaseDecreaseInAccruedExpensesRelatedParties`	$94.60K	USD	1 Quarter
Accrued expenses - related party	`IncreaseDecreaseInAccruedExpensesRelatedParties`	$73.33K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.33K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	1 Quarter
Net Cash Flows Used in Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$6.64K	USD	1 Quarter
Net Cash Flows Used in Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-37.59K	USD	1 Quarter
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$6.64K	USD	1 Quarter
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.59K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.34K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net Cash Flows Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.34K	USD	1 Quarter
Net Cash Flows Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.64K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-34.25K	USD	1 Quarter
Cash - beginning of year	`Cash`	$378.00	USD	Point-in-time
Cash - beginning of year	`Cash`	$7.02K	USD	Point-in-time
Cash - beginning of year	`Cash`	$45.48K	USD	Point-in-time
Cash - beginning of year	`Cash`	$11.23K	USD	Point-in-time
Cash - end of year	`Cash`	$378.00	USD	Point-in-time
Cash - end of year	`Cash`	$7.02K	USD	Point-in-time
Cash - end of year	`Cash`	$45.48K	USD	Point-in-time
Cash - end of year	`Cash`	$11.23K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter
Income Taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income Taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Issuance of common stock for cash per share (in dollars per share)	`StockIssuedDuringPeriodNewIssuesPerShare`	$0.17	USD	Annual
Issuance of stock for services per share (in dollars per share)	`StockIssuedDuringPeriodIssuedForServicesPerShare`	$0.45	USD	Annual
Balance	`StockholdersEquity`	$-1.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.04M	USD	Point-in-time
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$3.34K	USD	Annual
Issuance of stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$45.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-171.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.23K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-684.09K	USD	Annual
Balance	`StockholdersEquity`	$-1.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.04M	USD	Point-in-time

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