10-K Filing

MEDIXALL GROUP, INC. CIK: 1601280 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001553350-17-000330`
Period End Date	20161231
Filing Date	20170330
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	mdxl-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 20 Cash Flow Statement 34 Stockholders Equity 2

Balance Sheet 46 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
Cash	`Cash`	$378.00	USD	Point-in-time
Cash	`Cash`	$114.97K	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible Preferred Series A stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$114.97K	USD	Point-in-time
Convertible Preferred Series A stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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
Common Stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Investments	`LongTermInvestments`	-	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Investments	`LongTermInvestments`	$25.00K	USD	Point-in-time
Total Assets	`Assets`	$25.00K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	2.60M	shares	Point-in-time
Total Assets	`Assets`	$114.97K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	2.60M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	2.60M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	2.60M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$472.34K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$292.23K	USD	Point-in-time
Accounts payable and accrued expenses - related party	`AccountsPayableRelatedPartiesCurrent`	$735.07K	USD	Point-in-time
Accounts payable and accrued expenses - related party	`AccountsPayableRelatedPartiesCurrent`	$548.16K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.02M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.03M	USD	Point-in-time
Convertible Preferred Series A stock, $0.001 par value, 1,000.000 authorized; 264,894 and 0 issued and outstanding at December 31 2016 and 2015, respectively	`PreferredStockValue`	-	USD	Point-in-time
Convertible Preferred Series A stock, $0.001 par value, 1,000.000 authorized; 264,894 and 0 issued and outstanding at December 31 2016 and 2015, respectively	`PreferredStockValue`	$265.00	USD	Point-in-time
Common Stock, $0.001 Par Value 750,000,000 shares authorized; 2,595,379 shares issued and outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$2.60K	USD	Point-in-time
Common Stock, $0.001 Par Value 750,000,000 shares authorized; 2,595,379 shares issued and outstanding at December 31, 2016 and 2015, respectively	`CommonStockValue`	$2.60K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.03M	USD	Point-in-time
Common stock payable	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Common stock payable	`CommonStockSharesSubscriptions`	$756.12K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.69M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-905.53K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.00M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.04M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$25.00K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$114.97K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	Annual
Professional fees	`ProfessionalFees`	$59.33K	USD	Annual
Professional fees	`ProfessionalFees`	$74.29K	USD	Annual
Professional fees - related party	`ProfessionalFeesRelatedParty`	$43.94K	USD	Annual
Professional fees - related party	`ProfessionalFeesRelatedParty`	$23.45K	USD	Annual
Management fee - related party	`ManagementFeeRelatedParty`	$320.00K	USD	Annual
Management fee - related party	`ManagementFeeRelatedParty`	$120.00K	USD	Annual
Personnel related expenses	`LaborAndRelatedExpense`	$192.16K	USD	Annual
Personnel related expenses	`LaborAndRelatedExpense`	$109.87K	USD	Annual
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$26.78K	USD	Annual
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$35.98K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$657.16K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$348.62K	USD	Annual
Net Loss	`NetIncomeLoss`	$-348.62K	USD	Annual
Net Loss	`NetIncomeLoss`	$-657.16K	USD	Annual
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	Annual
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	Annual
Weighted average number of common shares outstanding during the periods - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.54M	shares	Annual
Weighted average number of common shares outstanding during the periods - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.60M	shares	Annual

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-348.62K	USD	Annual
Net Loss	`NetIncomeLoss`	$-657.16K	USD	Annual
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$45.00K	USD	Annual
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Cancellation of Convertible Preferred Series A Stock	`ExpenseRelatedToCancellationOfPreferredStock`	-	USD	Annual
Cancellation of Convertible Preferred Series A Stock	`ExpenseRelatedToCancellationOfPreferredStock`	$345.49K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$27.32K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$180.12K	USD	Annual
Accounts payable and accrued expenses - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-189.11K	USD	Annual
Accounts payable and accrued expenses - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-44.58K	USD	Annual
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$24.62K	USD	Annual
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-666.15K	USD	Annual
Investments	`PaymentsToAcquireOtherInvestments`	$25.00K	USD	Annual
Investments	`PaymentsToAcquireOtherInvestments`	-	USD	Annual
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.00K	USD	Annual
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$781.12K	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$781.12K	USD	Annual
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	Annual
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-378.00	USD	Annual
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$114.97K	USD	Annual
Cash and cash equivalents at beginning of year	`Cash`	$378.00	USD	Point-in-time
Cash and cash equivalents at beginning of year	`Cash`	$114.97K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`Cash`	-	USD	Point-in-time
Cash and cash equivalents at end of year	`Cash`	$378.00	USD	Point-in-time
Cash and cash equivalents at end of year	`Cash`	$114.97K	USD	Point-in-time
Cash and cash equivalents at end of year	`Cash`	-	USD	Point-in-time
Interest paid in cash	`InterestPaid`	-	USD	Annual
Interest paid in cash	`InterestPaid`	-	USD	Annual
Income taxes paid in cash	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid in cash	`IncomeTaxesPaid`	-	USD	Annual
Value of common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$45.00K	USD	Annual
Value of common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual

Stockholders Equity 2 line items

Line Item	Tag	Value	Unit	Period
Issuance of stock for services per share (in dollars per share)	`StockIssuedDuringPeriodIssuedForServicesPerShare`	$0.20	USD	Annual
Issuance of stock for services per share (in dollars per share)	`StockIssuedDuringPeriodIssuedForServicesPerShare`	-	USD	Annual

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