10-Q Filing

MEDIXALL GROUP, INC. CIK: 1601280 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001553350-15-000876`
Period End Date	20150630
Filing Date	20150814
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	crcx-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 69 Cash Flow Statement 45 Stockholders Equity 17

Balance Sheet 53 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`	$378.00	USD	Point-in-time
Cash	`Cash`	$45.48K	USD	Point-in-time
Cash	`Cash`	$511.00	USD	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$986.00	USD	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable - related parties	`AccountsReceivableRelatedPartiesCurrent`	$200.00	USD	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	600,000.00	shares	Point-in-time
Accounts receivable - related parties	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$711.00	USD	Point-in-time
Common Stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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, 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
Investments - related party	`LongTermInvestments`	$25.00K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.87M	shares	Point-in-time
Investments - related party	`LongTermInvestments`	-	USD	Point-in-time
Total Other Assets	`OtherAssetsMiscellaneousNoncurrent`	-	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.87M	shares	Point-in-time
Total Other Assets	`OtherAssetsMiscellaneousNoncurrent`	$25.00K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.87M	shares	Point-in-time
Total Assets	`Assets`	$378.00	USD	Point-in-time
Total Assets	`Assets`	$25.71K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrent`	$274.28K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrent`	$488.59K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.73K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.57K	USD	Point-in-time
Accrued expenses - related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$351.42K	USD	Point-in-time
Accrued expenses - related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$505.37K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$38.33K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$51.83K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.04M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$922.57K	USD	Point-in-time
Convertible Preferred Series A stock, ($0.001 par value, 1,000,000 shares authorized; 0 issued and outstanding June 30, 2015; 600,000 issued and outstanding December 31, 2014	`PreferredStockValue`	$600.00	USD	Point-in-time
Convertible Preferred Series A stock, ($0.001 par value, 1,000,000 shares authorized; 0 issued and outstanding June 30, 2015; 600,000 issued and outstanding December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common Stock ($0.001 Par Value; 750,000,000 shares authorized; 37,872,068 shares and issued and outstanding at June 30, 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 and issued and outstanding at June 30, 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`	$3.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.69M	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 Stockholders' Deficit	`StockholdersEquity`	$-896.86K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$378.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$25.71K	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`Revenues`	-	USD	1 Quarter
Net Sales	`Revenues`	-	USD	2 Qtrs
Net Sales	`Revenues`	-	USD	1 Quarter
Net Sales	`Revenues`	-	USD	2 Qtrs
Cost of Goods Sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of Goods Sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of Goods Sold	`CostOfRevenue`	-	USD	2 Qtrs
Cost of Goods Sold	`CostOfRevenue`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$87.42K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$154.26K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$31.92K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$51.48K	USD	2 Qtrs
Professional fees - related party	`ProfessionalFeesRelatedParty`	$71.08K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$70.25K	USD	2 Qtrs
Professional fees - related party	`ProfessionalFeesRelatedParty`	$32.16K	USD	1 Quarter
Professional fees - related party	`ProfessionalFeesRelatedParty`	$101.08K	USD	2 Qtrs
Management fee - related party	`ManagementFeeRelatedParty`	-	USD	1 Quarter
Management fee - related party	`ManagementFeeRelatedParty`	-	USD	1 Quarter
Management fee - related party	`ManagementFeeRelatedParty`	-	USD	2 Qtrs
Management fee - related party	`ManagementFeeRelatedParty`	$1.25K	USD	2 Qtrs
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$66.98K	USD	2 Qtrs
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$32.30K	USD	1 Quarter
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$64.87K	USD	2 Qtrs
Payroll and payroll related expenses	`LaborAndRelatedExpense`	$22.85K	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$11.59K	USD	2 Qtrs
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$29.63K	USD	2 Qtrs
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$11.59K	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$835.00	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$182.18K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$198.19K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$353.19K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$107.96K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-107.96K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-198.19K	USD	2 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-182.18K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-353.19K	USD	2 Qtrs
Loss on failed investment	`GainLossOnInvestments`	$-95.00K	USD	2 Qtrs
Loss on failed investment	`GainLossOnInvestments`	-	USD	1 Quarter
Loss on failed investment	`GainLossOnInvestments`	-	USD	2 Qtrs
Loss on failed investment	`GainLossOnInvestments`	$-95.00K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-95.00K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-95.00K	USD	1 Quarter
Net Loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-198.19K	USD	2 Qtrs
Net Loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-277.18K	USD	1 Quarter
Net Loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-107.96K	USD	1 Quarter
Net Loss before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-448.19K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-448.19K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-198.19K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-107.96K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-684.09K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-277.18K	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	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`	37.76M	shares	1 Quarter
Weighted average number of common shares outstanding during the periods - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.87M	shares	1 Quarter
Weighted average number of common shares outstanding during the periods - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.76M	shares	2 Qtrs
Weighted average number of common shares outstanding during the periods - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.87M	shares	2 Qtrs

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Loss from operations	`NetIncomeLoss`	$-448.19K	USD	2 Qtrs
Loss from operations	`NetIncomeLoss`	$-198.19K	USD	2 Qtrs
Loss from operations	`NetIncomeLoss`	$-107.96K	USD	1 Quarter
Loss from operations	`NetIncomeLoss`	$-684.09K	USD	Annual
Loss from operations	`NetIncomeLoss`	$-277.18K	USD	1 Quarter
Cancellation of Convertible Preferred Series A Stock	`ExpenseRelatedToCancellationOfPreferredStock`	-	USD	2 Qtrs
Cancellation of Convertible Preferred Series A Stock	`ExpenseRelatedToCancellationOfPreferredStock`	$345.49K	USD	2 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-200.00	USD	2 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	-	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-4.46K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$102.27K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-196.24K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$161.42K	USD	2 Qtrs
Accrued expenses - related party	`IncreaseDecreaseInAccruedExpensesRelatedParties`	$64.82K	USD	2 Qtrs
Accrued expenses - related party	`IncreaseDecreaseInAccruedExpensesRelatedParties`	$142.16K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-5.49K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$13.50K	USD	2 Qtrs
Net Cash Flows Used in Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$25.13K	USD	2 Qtrs
Net Cash Flows Used in Continuing Operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-47.83K	USD	2 Qtrs
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-47.83K	USD	2 Qtrs
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$25.13K	USD	2 Qtrs
Investments	`PaymentsToAcquireOtherInvestments`	$25.00K	USD	2 Qtrs
Investments	`PaymentsToAcquireOtherInvestments`	-	USD	2 Qtrs
Net Cash Flows Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	2 Qtrs
Net Cash Flows Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.34K	USD	2 Qtrs
Net Cash Flows Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.34K	USD	2 Qtrs
Net Cash Flows Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-44.49K	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$133.00	USD	2 Qtrs
Cash - beginning of year	`Cash`	$378.00	USD	Point-in-time
Cash - beginning of year	`Cash`	$45.48K	USD	Point-in-time
Cash - beginning of year	`Cash`	$511.00	USD	Point-in-time
Cash - beginning of year	`Cash`	$986.00	USD	Point-in-time
Cash - end of year	`Cash`	$378.00	USD	Point-in-time
Cash - end of year	`Cash`	$45.48K	USD	Point-in-time
Cash - end of year	`Cash`	$511.00	USD	Point-in-time
Cash - end of year	`Cash`	$986.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Value of investment realized by cancelation of Preferred Series A Stock	`FairValueOfAssetsAcquired`	-	USD	2 Qtrs
Value of investment realized by cancelation of Preferred Series A Stock	`FairValueOfAssetsAcquired`	$25.00K	USD	2 Qtrs

Stockholders Equity 17 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`	$-408.42K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$-896.86K	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
Cancellation of Series A convertible shares (See Note 4)	`PreferredStockReturnedDuringPeriodValue`	$345.49K	USD	2 Qtrs
Cancellation of Series A convertible shares (See Note 4), shares	`PreferredSharesReturned`	600,000.00	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-448.19K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-198.19K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-107.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-684.09K	USD	Annual
Net loss	`NetIncomeLoss`	$-277.18K	USD	1 Quarter
Balance	`StockholdersEquity`	$-408.42K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$-896.86K	USD	Point-in-time

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