10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2015

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____to_____.

Commission File Number 000-54307

National Waste Management Holdings, Inc.

(Exact name of registrant as specified in its charter)

FLORIDA	27-2037711
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

5920 N. Florida Avenue

Hernando, FL 34442

(Address of principal executive offices)

(352) 489-6912

(Company’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒   No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒   No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐    No ☒

The Company has 60,451,842 shares outstanding as of November 13, 2015.

TABLE OF CONTENTS

		Page
PART I — Financial Information
Item 1.	Consolidated Financial Statements (unaudited)	1-15
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	16-19
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	20
Item 4.	Controls and Procedures	20
PART II — Other Information
Item 1.	Legal Proceedings	21
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	21
Item 3.	Defaults Upon Senior Securities	21
Item 4.	Mine Safety Disclosures	21
Item 5.	Other Information	21
Item 6.	Exhibits	21
	Signatures

PART I – FINANCIAL INFORMATION

NATIONAL WASTE MANAGEMENT HOLDINGS, INC.

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015

Index to Consolidated Financial Statements

	PAGE
Unaudited Consolidated Balance Sheets as of September 30, 2015 and December 31, 2014	2
Unaudited Consolidated Statements of Operations for the Nine and Three Months Ended September 30, 2015 and 2014	3
Unaudited Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2015 and 2014	4
Unaudited Consolidated Notes to the Financial Statements	5-15

1

NATIONAL WASTE MANAGEMENT HOLDINGS, INC.

CONSOLIDATED BALANCE SHEETS

AS OF SEPTEMBER 30, 2015 AND DECEMBER 31, 2014

	2015		2014
Assets	(unaudited)
Current assets:
Cash and cash equivalents	$	471,514	$	108,642
Accounts receivable, net		217,172		105,625
Prepaids and other current assets		10,010		3,685
Due from related party		8,400		8,400
Total current assets		707,096		226,352
Property and equipment, net		672,627		744,405
Other assets:
Intangible assets, net		45,905		36,325
Secured letter of credit		324,950		324,950
Deposits on landfill acquisition		225,000		-
Other deposits		8,750		17,412
Total other assets		604,605		378,687
Total assets	$	1,984,328	$	1,349,444
Liabilities and Stockholder's Equity (Deficit)
Current liabilities:
Accounts payable and accrued expenses	$	65,461	$	19,336
Current portion of capital lease obligations		24,093		21,228
Due to related party - accrued interest		27,841		22,308
Income taxes payable		126,287		32,242
Total current liabilities		243,682		95,114
Long-term liabilities:
Capital lease obligations, net of current portion		109,614		128,060
Environmental remediation obligation		424,596		424,596
Loan from shareholder		704,547		756,337
Long term deferred tax liability		48,709		48,709
Total liabilities	$	1,531,148	$	1,452,816
Commitments and contingencies (see note 5)
Stockholders' equity (deficit):
Common stock, no par value; 250,000,000 shares authorized, 60,451,842 and 60,000,000 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively	$	-	$	-
Preferred stock, no par value; 10,000,000 shares authorized, 1 share and 0 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively		-		-
Additional paid-in capital		267,496		9,454
Common stock subscribed		113,640		-
Retained earnings (deficit)		72,044		(112,826	)
Total stockholders' equity (deficit)		453,180		(103,372	)
Total liabilities and stockholders' equity (deficit)	$	1,984,328	$	1,349,444

See the notes to the consolidated financial statements

2

NATIONAL WASTE MANAGEMENT HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE NINE AND THREE MONTHS ENDED SEPTEMBER 30, 2015 AND 2014

	Nine Months			Nine Months			Three Months			Three Months
	Ended			Ended			Ended			Ended
	September 30,			September 30,			September 30,			September 30,
	2015			2014			2015			2014
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues	$	1,349,824		$	1,241,572		$	479,698		$	422,636
Cost of revenues		661,622			698,313			216,083			224,208
Gross profit		688,202			543,259			263,615			198,428
Selling, general and administrative expenses		380,775			331,085			147,475			135,027
Income from operations		307,427			212,174			116,140			63,401
Other income (expenses):
Interest expense		(23,705	)		(6,494	)		(4,085	)		(1,966	)
Other expenses		(4,807	)		-			-			-
Total other income (expenses)		(28,512	)		(6,494	)		(4,085	)		(1,966	)
Income before income taxes		278,915			205,680			112,055			61,435
Income tax expense		94,045			-			30,301			-
Net income	$	184,870		$	205,680		$	81,754		$	61,435
Net income per common share:
Basic	$	0.003		$	0.004		$	0.001		$	0.001
Diluted	$	0.003		$	0.004		$	0.001		$	0.001
Weighted average number of shares outstanding
Basic		60,126,602			55,784,444			60,269,156			63,111,111
Diluted		60,126,602			55,784,444			60,269,156			63,111,111

See the notes to the consolidated financial statements

3

NATIONAL WASTE MANAGEMENT HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015 AND 2014

	Nine Months			Nine Months
	Ended			Ended
	September 30,			September 30,
	2015			2014
	(unaudited)			(unaudited)
Cash flow from operating activities:
Net income	$	184,870		$	205,680
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expenses		122,064			91,082
Non-cash interest expense		5,533			6,144
Non-cash professional expenses		146,682			-
Bad debt expense		(81,761	)		762
(Increase) decrease in assets:
Accounts receivable, net		(29,786	)		(26,342	)
Other current assets		(6,325	)		-
Deposits		8,662			-
(Decrease) increase in liabilities:
Accounts payable and accrued expenses		46,125			19,837
Income taxes payable		94,045			-
Net cash provided by operating activities	$	490,109		$	297,163
Cash flows from investing activities:
Purchases of property and equipment		(35,594	)		(30,131	)
Purchase of intangible assets		(24,272	)		-
Net cash used in investing activities	$	(59,866	)	$	(30,131	)
Cash flows from financing activities:
Payments on capital lease obligation		(15,581	)		-
Advances from shareholder		-			8,100
Payments on loan from shareholder		(51,790	)		(184,881	)
Net cash provided by financing activities	$	(67,371	)	$	(176,781	)
Net increase (decrease) in cash	$	362,872		$	90,251
Cash, beginning of period		108,642			57,447
Cash, end of period	$	471,514		$	147,698
Supplemental disclosure of cash flow information:
Cash paid during the year for interest	$	19,988		$	-
Cash paid during the year for income taxes	$	-		$	-
Supplemental schedule of non-cash activities:
Issuances of shares for professional services	$	6,200		$	-
Issuances of shares subscribed for deposit on landfill	$	225,000		$	-
Issuances of shares or shares subscribed for professional services	$	146,682		$	-

See the notes to the consolidated financial statements

4

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 1 – Business Organization

These financial statements represent the financial statements of National Waste Management Holdings, Inc. (“NWMH”) (previously known as Kopjaggers, Inc.) and its wholly owned operating subsidiary, Sand/Land of Florida Enterprises, Inc. (“Sand/Land”). NWMH and Sand/Land are collectively referred to herein as the “Company”. The Company changed its name from Kopjaggers, Inc. to National Waste Management Holdings, Inc. effective October 31, 2014.

On June 16, 2014, pursuant to a share exchange agreement, NWMH merged with Sand/Land of Florida Enterprises, Inc. (“Sand/Land”), a Florida corporation formed as a S-Corporation under the laws of the State of Florida on August 15, 1986, in which the existing stockholders of Sand/Land exchanged all of their issued and outstanding shares of common stock for 9,490,000 shares of common stock of NWMH (the “Reverse Merger”). After the consummation of the Reverse Merger, stockholders of Sand/Land owned 47.45% of NWMH outstanding common stock.

As a result of the Reverse Merger, Sand/Land became a wholly owned subsidiary of NWMH. For accounting purposes, the Reverse Merger was treated as a reverse acquisition with Sand/Land as the acquirer and NWMH as the acquired party. As a result, the business and financial information included in this Quarterly Report on Form 10-Q is the business and financial information of Sand/Land.

The Company is a solid waste management company headquartered in Central Florida, currently operating a licensed Construction & Demolition landfill. The Company’s primary operations are based near Tampa, Florida.

Note 2 – Significant Accounting Policies

Basis of Presentation

The financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates.

Fair Value of Financial Instruments

For certain financial instruments, including accounts receivable, accounts payable, accrued expenses, interest payable, advances payable and notes payable, the carrying amounts approximate fair value due to their relatively short maturities.

5

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 2 – Significant Accounting Policies (Continued)

Fair Value of Financial Instruments (Continued)

The Company adopted ASC 820-10, “Fair Value Measurements and Disclosures.” ASC 820-10 defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows:

● Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets.

● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The Company did not identify any non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value in accordance with ASC 815.

In February 2007, the FASB issued ASC 825-10 “Financial Instruments.” ASC 825-10 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings.

The carrying amounts of cash and current liabilities approximate fair value due to the short maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of foreign exchange, commodity price, or interest rate market risks.

Revenue and Cost Recognition

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the sales price is fixed or determinable, (iii) collectability is reasonably assured and (iv) goods have been shipped and/or services rendered.

6

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 2 – Significant Accounting Policies (Continued)

Cash and Cash Equivalents

For purposes of reporting cash flows, the Company considers cash and cash equivalents to be all highly liquid deposits with maturities of three months or less. Cash equivalents are carried at cost, which approximates market value.

The Company maintains its cash and cash equivalents at various financial institutions where they are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. The balances of these accounts from time to time may exceed federally insured limits. The Company has not experienced any losses in such accounts.

Accounts Receivable, Bad Debts and Allowance for Doubtful Accounts

An allowance for doubtful accounts is provided for as a percentage of trade accounts receivable based on historical loss experience. As of September 30, 2015 and December 31, 2014, the allowance for doubtful accounts was approximately $70,000 and $112,000, respectively. Bad debt expense recognized for the nine ended September 30, 2015 and 2014 was $(81,761) and $0, respectively. Bad debt expense recognized for the three months ended September 30, 2015 and 2014 was $0 and $762, respectively. The reason for the negative bad debt expense balance at September 30, 2015 is due to the allowance being overstated at June 30, 2015 and requiring adjustment.

Property, Plant and Equipment

Property, plant and equipment are recorded at cost less accumulated depreciation. Expenditures for major additions and improvements are capitalized. As property and equipment are sold or retired, the applicable cost and accumulated depreciation are removed from the accounts and any resulting gain or loss thereon is recognized as operating expenses.

Depreciation is calculated using the straight-line method over the estimated useful lives or, in the case of leasehold improvements, the term of the related lease, including renewal periods, if shorter. Estimated useful lives are as follows:

Transportation equipment	5 years
Office and machinery equipment	5 years
Roll off containers	5-7 years
Airspace	39.5 years

The Company reviews property, plant and equipment and all amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable. Recoverability is based on estimated undiscounted cash flows. Measurement of the impairment loss, if any, is based on the difference between the carrying value and fair value.

7

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 2 – Significant Accounting Policies (Continued)

Impairment of Long-Lived Assets and Amortizable Intangible Assets

The Company follows ASC 360-10, “Property, Plant, and Equipment,” which established a “primary asset” approach to determine the cash flow estimation period for a group of assets and liabilities that represents the unit of accounting for a long-lived asset to be held and used. Long-lived assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less cost to sell. Through September 30, 2015, the Company has not experienced impairment losses on its long-lived assets.

Intangible Assets

A Customer list was bought from a related party in 2011. It is being amortized over five years.

The Company incurred website development costs in 2015. These costs are being amortized over three years.

The Company incurred engineering costs as part of a 10 year permit renewal with the Department of Environmental Protection. These costs were capitalized and are being amortized over 10 years.

Advertising Costs

The Company expenses all advertising costs as incurred. Advertising expenses for the nine months ended September 30, 2015 and 2014 were $4,576 and $3,621, respectively. Advertising expenses for the three months ended September 30, 2015 and 2014 were $1,902 and $1,319, respectively.

Income Taxes

The Company files income tax returns in the United States and Florida, which are subject to examination by the tax authorities in these jurisdictions, generally for three years after the filing date.

Management has evaluated tax positions in accordance with FASB ASC 740, Income Taxes, and has not identified any tax positions that require disclosure.

As of September 30, 2015, the following tax years are subject to examination:

Jurisdiction	Open Years for Filed Returns
Federal	December 31, 2011 - 2014

8

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 2 – Significant Accounting Policies (Continued)

Environmental Remediation Liability

The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Accruals for estimated losses from environmental remediation obligations generally are recognized no later than completion of the remedial feasibility study. Such accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental remediation obligations are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable.

Stock Issued to Non-Employees for Services Rendered

The Company accounts for stock issued to non-employees in accordance with the provisions of FASB ASC 505-50 “Equity Based Payments to Non-Employees.” FASB ASC 505-50 states that equity instruments that are issued in exchange for the receipt of goods or services should be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The measurement date occurs as of the earlier of (a) the date at which a performance commitment is reached or (b) absent a performance commitment, the date at which the performance necessary to earn the equity instruments is complete (that is, the vesting date).

Reclassifications

Certain reclassifications have been made in prior year balances to conform to the current year presentation. Such reclassifications had no effect on net income as previously reported.

Note 3 – Property, Plant and Equipment

Property, plant and equipment and related accumulated depreciation consist of the following at September 30, 2015 and December 31, 2014:

	2015			2014
Machinery and equipment		2,098,138			2,094,316
Airspace		865,076			865,076
Transportation equipment		565,440			561,240
Improvements		333,944			306,372
Office furniture and equipment		2,117			2,117
Landfill area		72,098			72,098
Total Property, plant and equipment		3,936,813			3,901,219
Less: accumulated depreciation		(3,264,186	)		(3,156,814	)
Property, plant and equipment, net	$	672,627		$	744,405

9

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 3 – Property, Plant and Equipment (continued)

Depreciation expense for the nine months ended September 30, 2015 and 2014 was $107,372 and $77,460, respectively. Depreciation expense for the three months ended September 30, 2015 and 2014 was $36,174 and $26,634, respectively.

Note 4 – Amortizable Intangible Assets

Intangible assets consist of the following as of September 30, 2015 and December 31, 2014:

							Amortization
	2015			2014			Period
Customer list	$	90,813		$	90,813		5 years
Website costs		7,954			-		3 years
Licenses and permits		16,318			-		10 years
Less accumulated amortization		(69,180	)		(54,488	)
Intangible assets, net	$	45,905		$	36,325

Year Ending
2015	$	4,949
2016		22,446
2017		4,283
2018		3,620
2019		1,632
Thereafter		8,975
	$	45,905

Amortization expense for the nine months ended September 30, 2015 and 2014 was $14,692 and $13,622, respectively. Amortization expense for the three months ended September 30, 2015 and 2014 was $5,611 and $4,541, respectively.

Note 5 – Commitments and Contingencies

General

During the normal course of business, the Company may be exposed to litigation. When t7he Company becomes aware of potential litigation, it evaluates the merits of the case in accordance with FASB ASC 450, Contingencies. The Company evaluates its exposure to the matter, possible legal or settlement strategies and the likelihood of an unfavorable outcome. If the Company determines than an unfavorable outcome is probable and can be reasonably estimated, it establishes the necessary accruals. Certain insurance policies held by the Company may reduce the cash outflows with respect to an adverse outcome of certain of these litigation matters.

10

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 5 – Commitments and Contingencies (continued)

Landfill Related Environmental Remediation

The Company currently operates a fully licensed landfill under approval by the Florida Department of Environmental Protection. As such the company has set up a reserve allowance of $424,596 against estimated future closing cost. As of December 31, 2013 the Florida Department of Environmental Protection has approved the secured letter of credit cash reserve of $324,950 set aside by the Company at September 30, 2015 and December 31, 2014, respectively, in order to be in compliance with the financial assurance requirements for long term care cost of the facility. It is reasonably possible that the recorded estimate of the obligation may change in the near term.

Concentrations of Revenues and Receivables

As discussed in note 7 to the financial statements, during the nine months ended September 30, 2015 and 2014, approximately 27% and 33% of the Company’s revenues were generated from a related party, respectively and approximately 54% and 54% of net accounts receivable were due from related parties as of September 30, 2015 and 2014, respectively.

Note 6 – Capital Leases

During 2014, the Company purchased equipment under a capital lease obligation. The lease is payable in 60 monthly payments of $3,750, beginning December 20, 2014, maturing December 20, 2019. The capital lease is collateralized by the equipment purchased. The capital lease is personally guaranteed by the Chairman and CEO of the Company.

Future minimum lease payments under the lease as of September 30, 2015 are as follows:

2016		24,093
2017		28,523
2018		33,768
2019		39,978
2020		7,345
Total capital lease obligation	$	133,707

The following is a summary of leased assets included in machinery and equipment as of September 30, :

	2015			2014
Leased Equipment	$	179,620		$	179,620
Less accumulated depreciation		(26,943	)		-
Net leased assets	$	152,677		$	179,620

11

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 7 – Related Party Transactions

Related Party Sales and Accounts Receivable

The Company generates a significant portion of their revenue from related parties, companies owned by the majority shareholder of the Company. Total revenue generated from the related parties during the nine months ended September 30, 2105 and 2014 was $472,080 and $405,350 or 35% and 33% of total revenue, respectively. Total revenue generated from the related parties during the three months ended September 30, 2015 and 2014 were $137,950 and $158,600 or 29% and 38% of total revenue, respectively. Total related party accounts receivable as of September 30, 2015 and 2014 related to these sales was approximately $103,630 and $66,650, or 48% and 54% of total net accounts receivable, respectively.

Related Party Shareholder Loan

The Company has a note with the sole shareholder of the Company. This note is unsecured, matures on December 31, 2016 and carries a 1% interest rate. Though this note is due during 2016, the Company makes periodic payments on the Note when excess cash is available.

The balance of the note as of September 30, 2015 and December 31, 2014 was $704,547 and $756,337 respectively. The balance of the related accrued interest at September 30, 2015 and December 31, 2014 was $27,841 and $22,308, respectively. Related party interest expense for the nine months ended September 30, 2015 and 2014 was $5,533 and $6,494, respectively. Related party interest expense for the three months ended September 30, 2015 and 2014 was $1,761 and $1,966, respectively.

The aggregate annual maturities of the related party long-term debt are as follows:

Year Ending
2015	$	-
2016		704,547
	$	704,547

12

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 7 – Related Party Transactions (continued)

Expenses Paid by Related Party

Throughout the period ending September 30, 2015, Strategic Capital Markets (“Strategic”), a related party, paid for expenditures of the Company as well as deposits on a landfill acquisition on behalf of the Company. These expenditures primarily related to professional fees incurred for compliance related to being a public company as well as marketing the Company’s investment strategy. Total expenses incurred for these services were $135,778. Total deposits on the landfill (see note 9) paid by Strategic totaled $225,000 through September 30, 2015. Strategic also incurred costs to build the Company’s investor relations website of $7,594, $4,704 which was paid and $3,250 which is an outstanding payable to the vendor as of September 30, 2015. Total cash outlays by Strategic were $365,482 through September 30, 2015. Through September 30, 2015, the Company and Strategic agreed to settle this amount for 365,482 of the Company’s common shares, respectively. 251,842 shares were issued as of September 30, 2015. The remaining 113,640 shares were issued subsequent to September 30, 2015 and thus were accounted for as stock subscribed.

Related Party Acquisitions (Subsequent to September 30, 2015)

Subsequent to September 30, 2015, the Company closed on the acquisition of Waste Recovery Enterprises, LLC (“WRE”), a related party acquisition, on October 15 2015 for $250,000 in cash and 2,750,000 shares of the Company’s restricted stock. The Company entered into a letter of intent to buy Gateway Rolloff Services, LP (“Gateway”) during October, 2015. The terms of the letter of intent for Gateway include a purchase price of $450,000 and a total of 2,400,000 shares of stock of National Waste Management Holdings, Inc. The acquisition is planned to close during November, 2015.

Note 8 – Stockholders’ Deficit

On March 23, 2015 the Company issued 100,000 shares of restricted common stock for services related to Corporate Governance. The common shares were valued based on the fair value of the services provided rather than the common stock issued because it was determined by management that the fair value of the services rendered was more readily available than the fair value of the restricted common stock issued. The total value assigned to these services was $6,100; $3,500 was paid in cash and $2,500 was recognized related to the issuance of the restricted common stock. The Company receiving the shares paid the Company $100 for the shares as part of the consulting agreement.

During May 2015, the Company amended the Articles of Incorporation to authorize 10,000,000 shares of the Company’s Series A preferred stock, no par value per share. On June 17, 2015, the Company issued one share of Series A Preferred Stock, no par value, to the Company’s Chairman of the Board (the “Chairman”). As a holder of outstanding shares of Series A Preferred Stock, the Chairman is entitled to voting power equivalent to the number of votes equal to the total number of Company’ common stock outstanding as of the record date for the determination of stockholders entitled to vote at each meeting of stockholders of the Company and entitled to vote on all matters submitted or required to be submitted to a vote of the stockholders of the Company.

13

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 8 – Stockholders’ Deficit (continued)

The Company agreed to issue 100,000 shares of common stock to an attorney for services provided as part of the original reverse merger filed by the Company. The shares were committed prior to the Company being a public entity and thus had no trading value or history. The shares were valued at $3,600 based on the fair value of services provided rather than the common stock issued because it was determined by management that the fair value of the services rendered were more readily available than the fair value of the restricted common stock issued.

As discussed in Note 7, a related entity incurred costs and paid deposits on an acquisition on behalf of the Company. Total cash outlays by Strategic included $225,000 related to deposits on the landfill acquisition and $140,482 related to professional services paid on behalf of the Company, totaling $365,482 through September 30, 2015. Through September 30, 2015, the Company and Strategic agreed to settle this amount for 365,482 of the Company’s common shares. 251,842 shares were issued as of September 30, 2015 and the remaining 113,640 shares were issued subsequent to September 30, 2015 and thus were accounted for as stock subscribed as of September 30, 2015.

Note 9 – Acquisitions

Landfill Acquisition

On January 25, 2015, Sand/Land of Florida Enterprises, Inc., a Florida corporation and a wholly-owned subsidiary of National Waste Management Holdings, Inc. (the “Company”), entered into a commercial property purchase agreement (the “Agreement”) with Nova Resources, LLC (“Nova”), a Florida limited liability company, to acquire a certain commercial and industrial construction and demolition landfill (the “Transaction”) located at 3890 Grover Cleveland, County of Citrus, Homosassa, Florida 34465 (the “Property”) for $2,500,000, on an “as is” basis. The Property services regions in and around Citrus County, Florida. The Property is approximately eighty (80) acres and is permitted by the State of Florida Department of Environmental Protection as a “Construction and Demolition Landfill”.

Pursuant to the terms of the Agreement, the Company agreed to pay an initial non-refundable down payment of $25,000 on January 25, 2015 (the “Initial Payment Day”) and may pay up to five additional non-refundable monthly payments of $25,000 due on the 15th day of each month (the “Extension Payment”) following the Initial Payment Day to extend the closing date for an additional thirty (30) days. Each extension payment shall be credited towards the total amount payable to Nova, with any remaining balance due no later than thirty (30) days after the fifth extension payment. The Agreement may be terminated at the election of either party in the event that the transaction does not close.

Nova agreed to certain non-compete provision for a period of five (5) years from the closing date. Nova also agreed to provide, at the closing date, certain completed permit applications.

14

National Waste Management Holdings, Inc.

CONSOLIDATED NOTES TO THE FINANCIAL STATEMENTS

Note 9 – Acquisitions (continued)

Landfill Acquisition (continued)

The Transaction is not subject to any realty commission and has not closed as of September 30, 2015 or the date of this filing. The Company has a third party making the deposit payments as discussed in Note 7 and Note 8. As of September 30, 2015, the third party had made nine payments of $25,000, totaling $225,000. This agreement was extended for an additional six months through February 26^th, 2016. The deal was not closed as of September 30, 2015 or through the date of this filing.

Related Party Acquisitions Subsequent to September 30, 2015

As discussed in Note 10, Subsequent Events, subsequent to September 30, 2015, the Company closed on a related party acquisition and entered into a letter of intent to acquire a second related party business. The Company closed on the acquisition of Waste Recovery Enterprises, LLC (“WRE”), a related party acquisition, on October 15 2015 for $250,000 in cash and 2,750,000 shares of the Company’s restricted stock. The Company entered into a letter of intent to buy Gateway Rolloff Services, LP (“Gateway”) on November 1, 2015. The terms of the letter of intent for Gateway include a purchase price of $450,000 and a total of 2,400,000 shares of National Waste Management Holdings, Inc. The acquisition is planned to close during November, 2015.

Note 10 – Subsequent Events

Subsequent to September 30, 2015, the Company closed on a related party acquisition and entered into a letter of intent to acquire a second related party business. The Company closed on the acquisition of Waste Recovery Enterprises, LLC (“WRE”), a related party acquisition, on October 15 2015 for $250,000 in cash and 2,750,000 shares of the Company’s restricted stock. The Company entered into a letter of intent to buy Gateway Rolloff Services, LP (“Gateway”) on November 1, 2015. The terms of the letter of intent for Gateway include a purchase price of $450,000 and a total of 2,400,000 shares of the Company’s restricted stock. The acquisition is planned to close during November, 2015.

WRE offers residential trash pickup, commercial or residential dumpster service and roll-off boxes for construction and clean up projects. The Company has a transfer station that accepts construction and demolition debris, household trash, furniture and appliances. The Company also offers wood grinding, demolition, mulch and gravel services. The Company’s primary operations are based near Binghamton, New York.

Gateway offers commercial and residential dumpster service and roll-off boxes for construction and clean up projects specializing in the removal of debris, garbage, waste, hauling construction and demolition debris, focused on servicing general contractors, new home builders, reconstruction, renovation, landscaping and home improvement professionals. The Company’s primary operations are based near Tampa, FL.

As of the date of the filing, the purchase price allocation was not complete or available as related to these acquisitions.

15

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

FORWARD-LOOKING STATEMENTS

This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objections of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.

Forward-looking statements may include the words “may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. Except for our ongoing securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement.

Although we believe that the expectations reflected in any of our forward- looking statements are reasonable, actual results could differ materially from those projected or assumed in any or our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include, but are not limited to:

● Our results are vulnerable to economic conditions;

● Our ability to raise adequate working capital;

● Loss of customers or sales weakness;

● Inability to achieve sales levels or other operating results;

● The unavailability of funds for capital expenditures;

● Operational inefficiencies;

● Increased competitive pressures from existing competitors and new entrants;

● Competition for acquisition candidates, consolidation within the waste industry and economic and market conditions may limit our ability to grow through acquisitions;

● We may incur charges related to capitalized expenditures of landfill development projects, which would decrease our earnings;

● Pending or future litigation or governmental proceedings could result in material adverse consequences, including judgments or settlements;

16

● We may be subject in the normal course of business to judicial, administrative or other third-party proceedings that could interrupt or limit our operations, require expensive remediation, result in adverse judgments, settlements or fines and create negative publicity;

● Our accruals for our landfill site closure and post-closure costs may be inadequate;

● Liabilities for environmental damage may adversely affect our financial condition, business and earnings;

● Our financial and operating performance may be affected by the inability to renew landfill operating permits, obtain new landfills and expand existing ones;

● Extensive and evolving environmental, health and safety laws and regulations may restrict our operations and growth and increase our costs;

● Extensive regulations that govern the design, operation and closure of landfills may restrict our landfill operations or increase our costs of operating landfills; and

● Alternatives to landfill disposal may cause our revenues and operating results to decline.

These risks and uncertainties, as well as others, are discussed in greater detail in this Quarterly Report on Form 10-Q and our other filings with the Securities and Exchange Commission, or SEC, including our most recent Annual Report on Form 10-K. There may be additional risks of which we are not presently aware or that we currently believe are immaterial which could have an adverse impact on our business. We make no commitment to revise or update any forward-looking statements in order to reflect events or circumstances that may change.

GENERAL

Overview

We are a landfill service that provides landfill services, roll-off dumpster service, and mulch products. We service the counties of Citrus, Hernando, and Marion in Florida. We average annual disposals of approximately 110,000 cubic yards of construction debris and manage our 54 acre landfill facility. We started operations with one roll-off truck and now operate four trucks and 350 containers. We have maintained a contract with Citrus County Solid Waste Management landfill to back-up their roll-off trucks since 2000.

Results of Operations

Comparison for the three months ended September 30, 2015 and 2014

Sales for the three months ended September 30, 2015 and 2014 were $479,698 and $422,636, respectively, an increase of $57,062 or approximately 14% of consolidated revenue. This is primarily due to the execution of our business model, increase of our customer base and expanded sales to current customers.

Cost of revenues for the three months ended September 30, 2015 and 2014 were $216,083 and $224,208, respectively, a decrease of $8,125 or approximately 4%. The cost of sales decreased overall due to the lower fuel costs during the three months ended September 30, 2015 as compared to the same period in the prior year.

General and administrative costs for the three months ended September 30, 2015 and 2014 respectively, were $145,475 and $135,027 respectively, an increase of $10,448 or approximately 8%. The increase is primarily due to increased professional fees to support the compliance aspect of being a public company, including additional legal and accounting fees for filing preparation. Other increases include increased salaries, of which the primary increase in salary was to the CEO of the Company who had extended responsibilities once the Company became a public entity.

Interest expense was $4,085 and $1,966 for the three months ended September 30, 2015 and 2014, respectively. The increase is attributable to the Company entering into a capital lease during the fourth quarter of 2014.

Net income for the three months ended September 30, 2015 and 2014 was $81,754 and $61,435 respectively. Income tax expense recognized over the three month period ended September 30, 2015 was $30,301. With income taxes eliminated for comparative purposes, the Company’s income (income before income taxes) would have been $112,055, an increase of $50,620 or 83%, primarily attributable to execution of our business model, increased revenues and reduced cost of sales as discussed above.

Comparison for the nine months ended September 30, 2015 and 2014

Sales for the nine months ended September 30, 2015 and 2014 were $1,349,824 and $1,241,572, respectively, an increase of $108,252 or approximately 9% of consolidated revenue. This is primarily due to the execution of our business model, increase of our customer base and expanded sales to current customers.

Cost of revenues for the nine months ended September 30, 2015 and 2014 were $661,622 and $698,313, respectively, a decrease of $36,691 or approximately 5%. This is primarily attributable to cost cutting efforts and increased overall margins, including reduced fuel costs and adding fuel to our location at wholesale rather than retail prices.

17

General and administrative costs for the nine months ended September 30, 2015 and 2014 respectively, were $380,755 and $331,085 respectively, an increase of $49,670 or approximately 15%. The increase is primarily due to increased professional fees to support the compliance aspect of being a public company, including additional legal and accounting fees for filing preparation. Other increases also include increased salaries, of which the primary increase in salary was to the CEO of the Company who had extended responsibilities once the Company became a public entity.

Interest expense was $23,705 and $6,494 for the nine months ended September 30, 2015 and 2014, respectively. The increase is primarily attributable to the Company’s entering into a capital lease during the fourth quarter of 2014.

Net income for the nine months ended September 30, 2015 and 2014 was $184,870 and $205,680 respectively. The decrease of $20,810 is primarily attributable to the Company‘s recognizing income tax expense at the entity level rather than the shareholder level when the Company was an S-Corp. Income tax expense recognized over the nine month period ended September 30, 2015 was $94,045. With income taxes eliminated for comparative purposes, the Company’s income (income before income taxes) would have been $278,915, an increase of $73,235 or 36%, primarily attributable to execution of our business model, increased revenues and reduced cost of sales as discussed above.

18

Liquidity and Capital Resources

Our primary sources of cash are cash flows from operations. We intend to use excess cash on hand and cash from operating activities, together with borrowings, to fund purchases of equipment, working capital, acquisitions and debt repayments. As of September 30, 2015, we had cash and cash equivalents of $471,514 and working capital of $463,414 as compared to cash of $108,642 and working capital of $131,238 at December 31, 2014.

Cash Flows for the Nine Months Ended September 30, 2015 Compared to the Nine Months Ended September 30, 2014

Cash flows from operating activities for the nine months ended September 30, 2015 provided cash of $490,109 compared to $297,163 for the nine months ended September 30, 2014, an increase of $192,946 or 65%. This increase was primarily due to increased sales, expenses incurred where stock was issued to settle the professional fee liability rather than cash, and the timing of payments on payables, accrued expenses and taxes. Our cash flows used in investing activities were $59,866 and $30,131 for the nine months ended September 30, 2015 and 2014, respectively, an increase of $29,735 or 99%. The increase is due to the purchase of equipment and intangible assets, including a permit with the Department of Labor with an expected useful life of 10 years and the investment in our webpage. Our cash flows used in financing activities were $67,371 and $176,781 for the nine months ended September 30, 2015 and 2014, respectively, a decrease of $109,410 or 62%. The decrease is due to less payments being made on the shareholder demand loan during the nine months ended September 30, 2015 as compared to the prior year nine month period ended September 30, 2015.

Off-Balance sheet arrangements

None.

19

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable.

Item 4. Controls and Procedures.

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow for timely decisions regarding required disclosure. In designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management is required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

As required by SEC Rule 15d-15(b), we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report. Based on the foregoing, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as of September 30, 2015.

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PART II — OTHER INFORMATION

Item 1.   Legal Proceedings.

We know of no material pending legal proceedings to which our company or our subsidiary is a party or of which any of our properties, or the properties of our subsidiary, is the subject. In addition, we do not know of any such proceedings contemplated by any governmental authorities.

We know of no material proceedings in which any of our directors, officers or affiliates, or any registered or beneficial stockholder is a party adverse to our company or our subsidiary or has a material interest adverse to our company or our subsidiary.

Item 2.   Defaults Upon Senior Securities.

On October 27, 2015, the Company entered into Membership Purchase Interest Agreements (the “Agreements”) with two related parties whereby the Company acquired 100% membership interests in Waste Recovery Enterprises, LLC (“Waste Recovery”), a limited liability company in New York. As part of the terms and conditions of the Agreements, in exchange for 100% of the outstanding membership interests in Waste Recovery, the Company issued an aggregate of 2,750,000 shares of Company’s common stock to the two parties.

The shares described above were not registered under the Securities Act of 1933, as amended (the “Securities Act”) and are restricted securities. The shares were issued pursuant to the registration exemption afforded the Company under the Securities Act

Item 3.   Defaults Upon Senior Securities.

None.

Item 4.   Mine Safety Disclosures.

None.

Item 5. Other Information.

None.

Item 6. Exhibits.

EXHIBIT INDEX

Exhibit Number	Description
4.1	Promissory Note, issued to Denton L. Reed, dated October 27, 2015 (incorporated by reference to Exhibit  4.1 to the Current Report on Form 8-K filed on November 5, 2015)
10.1	Membership Interest Purchase Agreement, dated October 27, 2015 between National Waste Management Systems, LP and National Waste Management Holdings, Inc. (incorporated by reference to Exhibit  4.1 to the Current Report on Form 8-K filed on November 5, 2015)
10.2	Membership Interest Purchase Agreement, dated October 27, 2015 between Denton L. Reed and National Waste Management Holdings, Inc. (incorporated by reference to Exhibit  4.1 to the Current Report on Form 8-K filed on November 5, 2015)
31.1	Certifications of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2+	Certifications of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101.LAB	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document.
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document.

+ In accordance with the SEC Release 33-8238, deemed being furnished and not filed.

21

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 13, 2015

NATIONAL WASTE MANAGEMENT HOLDINGS, INC..

/s/ Louis Paveglio

Name: Louis Paveglio

Chief Executive Officer & Chief Financial Officer

(Principal Executive Officer & Principal Financial Officer)

22

EX-31.1

EXHIBIT 31.1

CERTIFICATION

OF PRESIDENT, CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

I, Louis Paveglio, certify that:

1.   I have reviewed this Quarterly Report on Form 10-Q of National Waste Management Holdings, Inc.;

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.   The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; 

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; 

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.   The registrants’ other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 13, 2015

/s/  Louis Paveglio

Louis Paveglio

Chief Executive Officer & Chief Financial Officer

(Principal Executive Officer & Principal Financial Officer)

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of National Waste Management Holdings, Inc. (the “Company”), does hereby certify, to such officer’s knowledge, that:

The Quarterly Report on Form 10-Q for the quarter ended September 30, 2015 (the “Form 10-Q”) of the Company fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934 and the information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company as of, and for, the periods presented in the Form 10-Q.

Date: November 13, 2015

/s/ Louis Paveglio

Louis Paveglio

Chief Executive Officer & Chief Financial Officer

(Principal Executive Officer and Principal Accounting Officer)

The foregoing certification is being furnished as an exhibit to the Form 10-Q pursuant to Item 601(b)(32) of Regulation S-K and Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code) and, accordingly, is not being filed as part of the Form 10-Q for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

XML

Capital leases (Details Textual)	12 Months Ended
	Dec. 31, 2014 USD ($)
Capital Leases (Textual)
Payments of capital lease	$ 3,750
Capital Leases payments description	The lease is payable in 60 monthly payments.
Capital leases maturity date	Dec. 20, 2019

XML

Property, Plant and Equipment (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	$ 3,936,813	$ 3,901,219
Less: accumulated depreciation	(3,264,186)	(3,156,814)
Property, plant and equipment, net	672,627	744,405
Machinery and equipment [Member]
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	2,098,138	2,094,316
Airspace [Member]
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	865,076	865,076
Transportation equipment [Member]
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	565,440	561,240
Improvements [Member]
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	333,944	306,372
Office furniture and equipment [Member]
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	2,117	2,117
Landfill area [Member]
Schedule of property, plant and equipment and related accumulated depreciation
Total Property, plant and equipment	$ 72,098	$ 72,098

XML

Acquisitions (Details)				9 Months Ended
	Oct. 31, 2015 USD ($) shares	Oct. 15, 2015 USD ($) shares	Jan. 25, 2015 USD ($) a	Sep. 30, 2015 USD ($)
Acquisitions (Textual)
Payments to acquire assets			$ 2,500,000
Area | a			80
Non-refundable down payment			$ 25,000
Non-compete provision, Period			5 years
Related party payments				$ 225,000
Debt instrument payment				The Initial Payment Day to extend the closing date for an additional thirty (30) days. Each extension payment shall be credited towards the total amount payable to Nova, with any remaining balance due no later than thirty (30) days after the fifth extension payment.
WRE, LLC [Member] | Subsequent Event [Member]
Acquisitions (Textual)
Restricted stock, Value		$ 250,000
Restricted stock, Shares | shares		2,750,000
Purchase price of stock, Shares | shares	2,400,000
Purchase price of stock, Value	$ 450,000
Payment One [Member]
Acquisitions (Textual)
Related party payments				$ 25,000
Payment Two [Member]
Acquisitions (Textual)
Related party payments				25,000
Payment Three [Member]
Acquisitions (Textual)
Related party payments				25,000
Payment Four [Member]
Acquisitions (Textual)
Related party payments				25,000
Payment Five [Member]
Acquisitions (Textual)
Related party payments				25,000
Payment Six [Member]
Acquisitions (Textual)
Related party payments				$ 25,000

XML

Amortizable Intangible Assets

9 Months Ended

Sep. 30, 2015

Amortizable Intangible Assets [Abstract]

Amortizable Intangible Assets

Note 4 – Amortizable Intangible Assets

Intangible assets consist of the following as of September 30, 2015 and December 31, 2014:

							Amortization
	2015			2014			Period
Customer list	$	90,813		$	90,813		5 years
Website costs		7,954			-		3 years
Licenses and permits		16,318			-		10 years
Less accumulated amortization		(69,180	)		(54,488	)
Intangible assets, net	$	45,905		$	36,325

Year Ending
2015	$	4,949
2016		22,446
2017		4,283
2018		3,620
2019		1,632
Thereafter		8,975
	$	45,905

Amortization expense for the nine months ended September 30, 2015 and 2014 was $14,692 and $13,622, respectively. Amortization expense for the three months ended September 30, 2015 and 2014 was $5,611 and $4,541, respectively.

XML

Amortizable Intangible Assets (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Amortizable Intangible Assets (Textual)
Amortization expense	$ 5,611	$ 4,541	$ 14,692	$ 13,622

XML

Amortizable Intangible Assets (Details 1) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of estimated aggregate amortization expense
2015	$ 4,949
2016	22,446
2017	4,283
2018	3,620
2019	1,632
Thereafter	8,975
Intangible assets, net	$ 45,905	$ 36,325

XML

Commitments and Contingencies (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Commitments and Contingencies (Textual)
Environmental remediation obligation	$ 424,596		$ 424,596		$ 424,596
Secured letter of credit	$ 324,950		$ 324,950		$ 324,950
Sales Revenue, Net [Member]
Commitments and Contingencies (Textual)
Percentage of revenues generated from related party	29.00%	38.00%	27.00%	33.00%
Accounts Receivable [Member]
Commitments and Contingencies (Textual)
Percentage of revenues generated from related party			54.00%	54.00%

XML

Capital leases (Details)	Sep. 30, 2015 USD ($)
Future minimum lease payments
2016	$ 24,093
2017	28,523
2018	33,768
2019	39,978
2020	7,345
Total capital lease obligation	$ 133,707

XML

Property, Plant and Equipment

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 3 – Property, Plant and Equipment

Property, plant and equipment and related accumulated depreciation consist of the following at September 30, 2015 and December 31, 2014:

	2015			2014
Machinery and equipment		2,098,138			2,094,316
Airspace		865,076			865,076
Transportation equipment		565,440			561,240
Improvements		333,944			306,372
Office furniture and equipment		2,117			2,117
Landfill area		72,098			72,098
Total Property, plant and equipment		3,936,813			3,901,219
Less: accumulated depreciation		(3,264,186	)		(3,156,814	)
Property, plant and equipment, net	$	672,627		$	744,405

Depreciation expense for the nine months ended September 30, 2015 and 2014 was $107,372 and $77,460, respectively. Depreciation expense for the three months ended September 30, 2015 and 2014 was $36,174 and $26,634, respectively.

XML

Capital leases (Details 1) - Machinery and equipment [Member] - USD ($)	Sep. 30, 2015	Sep. 30, 2014
Summary of leased assets included in machinery and equipment
Leased Equipment	$ 179,620	$ 179,620
Less accumulated depreciation	(26,943)
Net leased assets	$ 152,677	$ 179,620

XML

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 471,514	$ 108,642
Accounts receivable, net	217,172	105,625
Prepaids and other current assets	10,010	3,685
Due from related party	8,400	8,400
Total current assets	707,096	226,352
Property and equipment, net	672,627	744,405
Other assets:
Intangible assets, net	45,905	36,325
Secured letter of credit	324,950	$ 324,950
Deposits on landfill acquisition	225,000
Other deposits	8,750	$ 17,412
Total other assets	604,605	378,687
Total assets	1,984,328	1,349,444
Current liabilities:
Accounts payable and accrued expenses	65,461	19,336
Current portion of capital lease obligations	24,093	21,228
Due to related party - accrued interest	27,841	22,308
Income taxes payable	126,287	32,242
Total current liabilities	243,682	95,114
Long-term liabilities:
Capital lease obligations, net of current portion	109,614	128,060
Environmental remediation obligation	424,596	424,596
Loan from shareholder	704,547	756,337
Long term deferred tax liability	48,709	48,709
Total liabilities	$ 1,531,148	$ 1,452,816
Commitments and contingencies (see note 5)
Stockholders' equity (deficit):
Common stock, no par value; 250,000,000 shares authorized, 60,451,842 and 60,000,000 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively
Preferred stock, no par value; 10,000,000 shares authorized, 1 share and 0 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively
Additional paid-in capital	$ 267,496	$ 9,454
Common stock subscribed	113,640
Retained earnings (deficit)	72,044	$ (112,826)
Total stockholders' equity (deficit)	453,180	(103,372)
Total liabilities and stockholders' equity (deficit)	$ 1,984,328	$ 1,349,444

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Business Organization

9 Months Ended

Sep. 30, 2015

Business Organization [Abstract]

Business Organization

Note 1 – Business Organization

These financial statements represent the financial statements of National Waste Management Holdings, Inc. (“NWMH”) (previously known as Kopjaggers, Inc.) and its wholly owned operating subsidiary, Sand/Land of Florida Enterprises, Inc. (“Sand/Land”). NWMH and Sand/Land are collectively referred to herein as the “Company”. The Company changed its name from Kopjaggers, Inc. to National Waste Management Holdings, Inc. effective October 31, 2014.

On June 16, 2014, pursuant to a share exchange agreement, NWMH merged with Sand/Land of Florida Enterprises, Inc. (“Sand/Land”), a Florida corporation formed as a S-Corporation under the laws of the State of Florida on August 15, 1986, in which the existing stockholders of Sand/Land exchanged all of their issued and outstanding shares of common stock for 9,490,000 shares of common stock of NWMH (the “Reverse Merger”). After the consummation of the Reverse Merger, stockholders of Sand/Land owned 47.45% of NWMH outstanding common stock.

As a result of the Reverse Merger, Sand/Land became a wholly owned subsidiary of NWMH. For accounting purposes, the Reverse Merger was treated as a reverse acquisition with Sand/Land as the acquirer and NWMH as the acquired party. As a result, the business and financial information included in this Quarterly Report on Form 10-Q is the business and financial information of Sand/Land.

The Company is a solid waste management company headquartered in Central Florida, currently operating a licensed Construction & Demolition landfill. The Company’s primary operations are based near Tampa, Florida.

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Related Party Transactions (Details Textual) - USD ($)			3 Months Ended		9 Months Ended
	Oct. 31, 2015	Oct. 15, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Related Party Transaction (Textual)
Accounts receivable, net			$ 217,172		$ 217,172		$ 105,625
Loan from shareholder			704,547		704,547		756,337
Due to related party - accrued interest			$ 27,841		$ 27,841		$ 22,308
Debt instrument, maturity date					Dec. 31, 2016
Debt instrument, Interest rate			1.00%		1.00%
Interest expense, related party			$ 1,761	$ 1,966	$ 5,533	$ 6,494
Total expenses incurred for the services					135,778
Deposits on landfill acquisition			225,000		225,000
Cost incurred by Strategic			7,594		7,594
Repayments of related party debt					4,704
Outstanding payable to the vendor			$ 3,250		3,250
Total cash outlays					$ 365,482
Agreed to settlement amount for common shares, Shares					365,482
Shares issued			251,842		251,842
Remaining stock subscribed share			113,640		113,640
WRE, LLC [Member] | Subsequent Event [Member]
Related Party Transaction (Textual)
Restricted stock, Value		$ 250,000
Restricted stock, Shares		2,750,000
Purchase price of stock, Value	$ 450,000
Purchase price of stock, Shares	2,400,000
Sales Revenue [Member]
Related Party Transaction (Textual)
Concentration risk, Percentage			29.00%	38.00%	27.00%	33.00%
Revenue from related parties			$ 137,950	$ 158,600	$ 472,080	$ 405,350
Accounts Receivable [Member]
Related Party Transaction (Textual)
Concentration risk, Percentage					54.00%	54.00%
Accounts receivable, net			$ 103,630	$ 66,650	$ 103,630	$ 66,650

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Business Organization (Details) - shares	Sep. 30, 2015	Dec. 31, 2014	Jun. 16, 2014
Business Organization (Textual)
Common Stock, Shares, Issued	60,451,842	60,000,000	9,490,000
Common Stock, Shares, Outstanding	60,451,842	60,000,000	9,490,000
Ownership percentage of Sandland Acquisition Corp			47.45%

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Stockholders' Deficit (Details) - USD ($)		9 Months Ended
	Mar. 23, 2015	Sep. 30, 2015	May. 31, 2015	Dec. 31, 2014
Stockholder's Equity (Textual)
Common stock, shares authorized		250,000,000	10,000,000	250,000,000
Issuance of restricted common stock for services	100,000
Issuance of restricted common stock for services, value	$ 6,100
Cash paid	3,500
Issuance of the restricted common stock	2,500
Consulting agreement price	$ 100
Issuance of shares of common stock to attorney		100,000
Issuance of shares of common stock to attorney, value		$ 3,600
Stock Issued During Period, Value, Other		$ 365,482
Stock Issued During Period, Shares, Other		365,482
Deposits on landfill acquisition		$ 225,000
Professional services fees		$ 140,482
Shares issued		251,842
Remaining stock subscribed share		113,640

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Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Significant Accounting Policies (Textual)
Cash, FDIC insured amount	$ 250,000		$ 250,000
Allowance for doubtful accounts receivable	70,000		70,000		$ 112,000
Bad debt expense	0	$ 762	(81,761)	$ 762
Advertising expense	$ 1,902	$ 1,319	$ 4,576	$ 3,621
Amortization period of customer list			5 years

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Significant Accounting Policies

9 Months Ended

Sep. 30, 2015

Significant Accounting Policies [Abstract]

Significant Accounting Policies

Note 2 – Significant Accounting Policies

Basis of Presentation

The financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates.

Fair Value of Financial Instruments

For certain financial instruments, including accounts receivable, accounts payable, accrued expenses, interest payable, advances payable and notes payable, the carrying amounts approximate fair value due to their relatively short maturities.

The Company adopted ASC 820-10, “Fair Value Measurements and Disclosures.” ASC 820-10 defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows:

● Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets.

● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The Company did not identify any non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value in accordance with ASC 815.

In February 2007, the FASB issued ASC 825-10 “Financial Instruments.” ASC 825-10 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings.

The carrying amounts of cash and current liabilities approximate fair value due to the short maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of foreign exchange, commodity price, or interest rate market risks.

Revenue and Cost Recognition

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the sales price is fixed or determinable, (iii) collectability is reasonably assured and (iv) goods have been shipped and/or services rendered.

Cash and Cash Equivalents

For purposes of reporting cash flows, the Company considers cash and cash equivalents to be all highly liquid deposits with maturities of three months or less. Cash equivalents are carried at cost, which approximates market value.

The Company maintains its cash and cash equivalents at various financial institutions where they are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. The balances of these accounts from time to time may exceed federally insured limits. The Company has not experienced any losses in such accounts.

Accounts Receivable, Bad Debts and Allowance for Doubtful Accounts

An allowance for doubtful accounts is provided for as a percentage of trade accounts receivable based on historical loss experience. As of September 30, 2015 and December 31, 2014, the allowance for doubtful accounts was approximately $70,000 and $112,000, respectively. Bad debt expense recognized for the nine ended September 30, 2015 and 2014 was $(81,761) and $0, respectively. Bad debt expense recognized for the three months ended September 30, 2015 and 2014 was $0 and $762, respectively. The reason for the negative bad debt expense balance at September 30, 2015 is due to the allowance being overstated at June 30, 2015 and requiring adjustment.

Property, Plant and Equipment

Property, plant and equipment are recorded at cost less accumulated depreciation. Expenditures for major additions and improvements are capitalized. As property and equipment are sold or retired, the applicable cost and accumulated depreciation are removed from the accounts and any resulting gain or loss thereon is recognized as operating expenses.

Depreciation is calculated using the straight-line method over the estimated useful lives or, in the case of leasehold improvements, the term of the related lease, including renewal periods, if shorter. Estimated useful lives are as follows:

Transportation equipment	5 years
Office and machinery equipment	5 years
Roll off containers	5-7 years
Airspace	39.5 years

The Company reviews property, plant and equipment and all amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable. Recoverability is based on estimated undiscounted cash flows. Measurement of the impairment loss, if any, is based on the difference between the carrying value and fair value.

Impairment of Long-Lived Assets and Amortizable Intangible Assets

The Company follows ASC 360-10, “Property, Plant, and Equipment,” which established a “primary asset” approach to determine the cash flow estimation period for a group of assets and liabilities that represents the unit of accounting for a long-lived asset to be held and used. Long-lived assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less cost to sell. Through September 30, 2015, the Company has not experienced impairment losses on its long-lived assets.

Intangible Assets

A Customer list was bought from a related party in 2011. It is being amortized over five years.

The Company incurred website development costs in 2015. These costs are being amortized over three years.

The Company incurred engineering costs as part of a 10 year permit renewal with the Department of Environmental Protection. These costs were capitalized and are being amortized over 10 years.

Advertising Costs

The Company expenses all advertising costs as incurred. Advertising expenses for the nine months ended September 30, 2015 and 2014 were $4,576 and $3,621, respectively. Advertising expenses for the three months ended September 30, 2015 and 2014 were $1,902 and $1,319, respectively.

Income Taxes

The Company files income tax returns in the United States and Florida, which are subject to examination by the tax authorities in these jurisdictions, generally for three years after the filing date.

Management has evaluated tax positions in accordance with FASB ASC 740, Income Taxes, and has not identified any tax positions that require disclosure.

As of September 30, 2015, the following tax years are subject to examination:

Jurisdiction	Open Years for Filed Returns
Federal	December 31, 2011 - 2014

Environmental Remediation Liability

The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Accruals for estimated losses from environmental remediation obligations generally are recognized no later than completion of the remedial feasibility study. Such accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental remediation obligations are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable.

Stock Issued to Non-Employees for Services Rendered

The Company accounts for stock issued to non-employees in accordance with the provisions of FASB ASC 505-50 “Equity Based Payments to Non-Employees.” FASB ASC 505-50 states that equity instruments that are issued in exchange for the receipt of goods or services should be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The measurement date occurs as of the earlier of (a) the date at which a performance commitment is reached or (b) absent a performance commitment, the date at which the performance necessary to earn the equity instruments is complete (that is, the vesting date).

Reclassifications

Certain reclassifications have been made in prior year balances to conform to the current year presentation. Such reclassifications had no effect on net income as previously reported.

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Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Balance Sheets [Abstract]
Common stock, par value
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	60,451,842	60,000,000
Common stock, shares outstanding	60,451,842	60,000,000
Preferred stock, par value
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	1	0
Preferred stock, shares outstanding	1	0

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Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2015

Significant Accounting Policies [Abstract]

Schedule of straight-line method over the estimated useful lives

Transportation equipment	5 years
Office and machinery equipment	5 years
Roll off containers	5-7 years
Airspace	39.5 years

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Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 13, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	National Waste Management Holdings, Inc.
Entity Central Index Key	0001515319
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		60,451,842

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Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

Schedule of property, plant and equipment and related accumulated depreciation

	2015			2014
Machinery and equipment		2,098,138			2,094,316
Airspace		865,076			865,076
Transportation equipment		565,440			561,240
Improvements		333,944			306,372
Office furniture and equipment		2,117			2,117
Landfill area		72,098			72,098
Total Property, plant and equipment		3,936,813			3,901,219
Less: accumulated depreciation		(3,264,186	)		(3,156,814	)
Property, plant and equipment, net	$	672,627		$	744,405

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Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statements of Operations [Abstract]
Revenues	$ 479,698	$ 422,636	$ 1,349,824	$ 1,241,572
Cost of revenues	216,083	224,208	661,622	698,313
Gross profit	263,615	198,428	688,202	543,259
Selling, general and administrative expenses	147,475	135,027	380,775	331,085
Income from operations	116,140	63,401	307,427	212,174
Other income (expenses):
Interest expense	$ (4,085)	$ (1,966)	(23,705)	$ (6,494)
Other expenses			(4,807)
Total other income (expenses)	$ (4,085)	$ (1,966)	(28,512)	$ (6,494)
Income before income taxes	112,055	$ 61,435	278,915	$ 205,680
Income tax expense	30,301		94,045
Net income	$ 81,754	$ 61,435	$ 184,870	$ 205,680
Net income per common share:
Basic	$ 0.001	$ 0.001	$ 0.003	$ 0.004
Diluted	$ 0.001	$ 0.001	$ 0.003	$ 0.004
Weighted average number of shares outstanding
Basic	60,269,156	63,111,111	60,126,602	55,784,444
Diluted	60,269,156	63,111,111	60,126,602	55,784,444

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Related Party Transactions

9 Months Ended

Sep. 30, 2015

Related Party Transactions [Abstract]

Related Party Transactions

Note 7 – Related Party Transactions

Related Party Sales and Accounts Receivable

The Company generates a significant portion of their revenue from related parties, companies owned by the majority shareholder of the Company. Total revenue generated from the related parties during the nine months ended September 30, 2105 and 2014 was $472,080 and $405,350 or 35% and 33% of total revenue, respectively. Total revenue generated from the related parties during the three months ended September 30, 2015 and 2014 were $137,950 and $158,600 or 29% and 38% of total revenue, respectively. Total related party accounts receivable as of September 30, 2015 and 2014 related to these sales was approximately $103,630 and $66,650, or 48% and 54% of total net accounts receivable, respectively.

Related Party Shareholder Loan

The Company has a note with the sole shareholder of the Company. This note is unsecured, matures on December 31, 2016 and carries a 1% interest rate. Though this note is due during 2016, the Company makes periodic payments on the Note when excess cash is available.

The balance of the note as of September 30, 2015 and December 31, 2014 was $704,547 and $756,337 respectively. The balance of the related accrued interest at September 30, 2015 and December 31, 2014 was $27,841 and $22,308, respectively. Related party interest expense for the nine months ended September 30, 2015 and 2014 was $5,533 and $6,494, respectively. Related party interest expense for the three months ended September 30, 2015 and 2014 was $1,761 and $1,966, respectively.

The aggregate annual maturities of the related party long-term debt are as follows:

Year Ending
2015	$	-
2016		704,547
	$	704,547

Expenses Paid by Related Party

Throughout the period ending September 30, 2015, Strategic Capital Markets (“Strategic”), a related party, paid for expenditures of the Company as well as deposits on a landfill acquisition on behalf of the Company. These expenditures primarily related to professional fees incurred for compliance related to being a public company as well as marketing the Company’s investment strategy. Total expenses incurred for these services were $135,778. Total deposits on the landfill (see note 9) paid by Strategic totaled $225,000 through September 30, 2015. Strategic also incurred costs to build the Company’s investor relations website of $7,594, $4,704 which was paid and $3,250 which is an outstanding payable to the vendor as of September 30, 2015. Total cash outlays by Strategic were $365,482 through September 30, 2015. Through September 30, 2015, the Company and Strategic agreed to settle this amount for 365,482 of the Company’s common shares, respectively. 251,842 shares were issued as of September 30, 2015. The remaining 113,640 shares were issued subsequent to September 30, 2015 and thus were accounted for as stock subscribed.

Related Party Acquisitions (Subsequent to September 30, 2015)

Subsequent to September 30, 2015, the Company closed on the acquisition of Waste Recovery Enterprises, LLC (“WRE”), a related party acquisition, on October 15 2015 for $250,000 in cash and 2,750,000 shares of the Company’s restricted stock. The Company entered into a letter of intent to buy Gateway Rolloff Services, LP (“Gateway”) during October, 2015. The terms of the letter of intent for Gateway include a purchase price of $450,000 and a total of 2,400,000 shares of stock of National Waste Management Holdings, Inc. The acquisition is planned to close during November, 2015.

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Capital Leases

9 Months Ended

Sep. 30, 2015

Capital Leases [Abstract]

Capital Leases

Note 6 – Capital Leases

During 2014, the Company purchased equipment under a capital lease obligation. The lease is payable in 60 monthly payments of $3,750, beginning December 20, 2014, maturing December 20, 2019. The capital lease is collateralized by the equipment purchased. The capital lease is personally guaranteed by the Chairman and CEO of the Company.

Future minimum lease payments under the lease as of September 30, 2015 are as follows:

2016		24,093
2017		28,523
2018		33,768
2019		39,978
2020		7,345
Total capital lease obligation	$	133,707

The following is a summary of leased assets included in machinery and equipment as of September 30, :

	2015			2014
Leased Equipment	$	179,620		$	179,620
Less accumulated depreciation		(26,943	)		-
Net leased assets	$	152,677		$	179,620

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Significant Accounting Policies (Details)	9 Months Ended
	Sep. 30, 2015
Transportation equipment [Member]
Schedule of straight-line method over the estimated useful lives
Property, plant and equipment, estimated useful lives	5 years
Office and machinery equipment [Member]
Schedule of straight-line method over the estimated useful lives
Property, plant and equipment, estimated useful lives	5 years
Roll off containers [Member] | Minimum [Member]
Schedule of straight-line method over the estimated useful lives
Property, plant and equipment, estimated useful lives	5 years
Roll off containers [Member] | Maximum [Member]
Schedule of straight-line method over the estimated useful lives
Property, plant and equipment, estimated useful lives	7 years
Airspace [Member]
Schedule of straight-line method over the estimated useful lives
Property, plant and equipment, estimated useful lives	39 years 6 months

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Amortizable Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2015

Amortizable Intangible Assets [Abstract]

Schedule of amortizable intangible assets

							Amortization
	2015			2014			Period
Customer list	$	90,813		$	90,813		5 years
Website costs		7,954			-		3 years
Licenses and permits		16,318			-		10 years
Less accumulated amortization		(69,180	)		(54,488	)
Intangible assets, net	$	45,905		$	36,325

Schedule of estimated aggregate amortization expense

Year Ending
2015	$	4,949
2016		22,446
2017		4,283
2018		3,620
2019		1,632
Thereafter		8,975
	$	45,905

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Subsequent Events

9 Months Ended

Sep. 30, 2015

Subsequent Events [Abstract]

Subsequent Events

Note 10 – Subsequent Events

Subsequent to September 30, 2015, the Company closed on a related party acquisition and entered into a letter of intent to acquire a second related party business. The Company closed on the acquisition of Waste Recovery Enterprises, LLC (“WRE”), a related party acquisition, on October 15 2015 for $250,000 in cash and 2,750,000 shares of the Company’s restricted stock. The Company entered into a letter of intent to buy Gateway Rolloff Services, LP (“Gateway”) on November 1, 2015. The terms of the letter of intent for Gateway include a purchase price of $450,000 and a total of 2,400,000 shares of the Company’s restricted stock. The acquisition is planned to close during November, 2015.

WRE offers residential trash pickup, commercial or residential dumpster service and roll-off boxes for construction and clean up projects. The Company has a transfer station that accepts construction and demolition debris, household trash, furniture and appliances. The Company also offers wood grinding, demolition, mulch and gravel services. The Company’s primary operations are based near Binghamton, New York.

Gateway offers commercial and residential dumpster service and roll-off boxes for construction and clean up projects specializing in the removal of debris, garbage, waste, hauling construction and demolition debris, focused on servicing general contractors, new home builders, reconstruction, renovation, landscaping and home improvement professionals. The Company’s primary operations are based near Tampa, FL.

As of the date of the filing, the purchase price allocation was not complete or available as related to these acquisitions.

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Stockholders' Deficit

9 Months Ended

Sep. 30, 2015

Stockholders' Deficit [Abstract]

Stockholders' Deficit

Note 8 – Stockholders’ Deficit

On March 23, 2015 the Company issued 100,000 shares of restricted common stock for services related to Corporate Governance. The common shares were valued based on the fair value of the services provided rather than the common stock issued because it was determined by management that the fair value of the services rendered was more readily available than the fair value of the restricted common stock issued. The total value assigned to these services was $6,100; $3,500 was paid in cash and $2,500 was recognized related to the issuance of the restricted common stock. The Company receiving the shares paid the Company $100 for the shares as part of the consulting agreement.

During May 2015, the Company amended the Articles of Incorporation to authorize 10,000,000 shares of the Company’s Series A preferred stock, no par value per share. On June 17, 2015, the Company issued one share of Series A Preferred Stock, no par value, to the Company’s Chairman of the Board (the “Chairman”). As a holder of outstanding shares of Series A Preferred Stock, the Chairman is entitled to voting power equivalent to the number of votes equal to the total number of Company’ common stock outstanding as of the record date for the determination of stockholders entitled to vote at each meeting of stockholders of the Company and entitled to vote on all matters submitted or required to be submitted to a vote of the stockholders of the Company.

The Company agreed to issue 100,000 shares of common stock to an attorney for services provided as part of the original reverse merger filed by the Company. The shares were committed prior to the Company being a public entity and thus had no trading value or history. The shares were valued at $3,600 based on the fair value of services provided rather than the common stock issued because it was determined by management that the fair value of the services rendered were more readily available than the fair value of the restricted common stock issued.

As discussed in Note 7, a related entity incurred costs and paid deposits on an acquisition on behalf of the Company. Total cash outlays by Strategic included $225,000 related to deposits on the landfill acquisition and $140,482 related to professional services paid on behalf of the Company, totaling $365,482 through September 30, 2015. Through September 30, 2015, the Company and Strategic agreed to settle this amount for 365,482 of the Company’s common shares. 251,842 shares were issued as of September 30, 2015 and the remaining 113,640 shares were issued subsequent to September 30, 2015 and thus were accounted for as stock subscribed as of September 30, 2015.

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Acquisitions

9 Months Ended

Sep. 30, 2015

Acquisitions [Abstract]

Acquisitions

Note 9 – Acquisitions

Landfill Acquisition

On January 25, 2015, Sand/Land of Florida Enterprises, Inc., a Florida corporation and a wholly-owned subsidiary of National Waste Management Holdings, Inc. (the “Company”), entered into a commercial property purchase agreement (the “Agreement”) with Nova Resources, LLC (“Nova”), a Florida limited liability company, to acquire a certain commercial and industrial construction and demolition landfill (the “Transaction”) located at 3890 Grover Cleveland, County of Citrus, Homosassa, Florida 34465 (the “Property”) for $2,500,000, on an “as is” basis. The Property services regions in and around Citrus County, Florida. The Property is approximately eighty (80) acres and is permitted by the State of Florida Department of Environmental Protection as a “Construction and Demolition Landfill”.

Pursuant to the terms of the Agreement, the Company agreed to pay an initial non-refundable down payment of $25,000 on January 25, 2015 (the “Initial Payment Day”) and may pay up to five additional non-refundable monthly payments of $25,000 due on the 15th day of each month (the “Extension Payment”) following the Initial Payment Day to extend the closing date for an additional thirty (30) days. Each extension payment shall be credited towards the total amount payable to Nova, with any remaining balance due no later than thirty (30) days after the fifth extension payment. The Agreement may be terminated at the election of either party in the event that the transaction does not close.

Nova agreed to certain non-compete provision for a period of five (5) years from the closing date. Nova also agreed to provide, at the closing date, certain completed permit applications.

The Transaction is not subject to any realty commission and has not closed as of September 30, 2015 or the date of this filing. The Company has a third party making the deposit payments as discussed in Note 7 and Note 8. As of September 30, 2015, the third party had made nine payments of $25,000, totaling $225,000. This agreement was extended for an additional six months through February 26^th, 2016. The deal was not closed as of September 30, 2015 or through the date of this filing.

Related Party Acquisitions Subsequent to September 30, 2015

As discussed in Note 10, Subsequent Events, subsequent to September 30, 2015, the Company closed on a related party acquisition and entered into a letter of intent to acquire a second related party business. The Company closed on the acquisition of Waste Recovery Enterprises, LLC (“WRE”), a related party acquisition, on October 15 2015 for $250,000 in cash and 2,750,000 shares of the Company’s restricted stock. The Company entered into a letter of intent to buy Gateway Rolloff Services, LP (“Gateway”) on November 1, 2015. The terms of the letter of intent for Gateway include a purchase price of $450,000 and a total of 2,400,000 shares of National Waste Management Holdings, Inc. The acquisition is planned to close during November, 2015.

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Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2015

Significant Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates.

Fair Value of Financial Instruments

Fair Value of Financial Instruments

For certain financial instruments, including accounts receivable, accounts payable, accrued expenses, interest payable, advances payable and notes payable, the carrying amounts approximate fair value due to their relatively short maturities.

The Company adopted ASC 820-10, “Fair Value Measurements and Disclosures.” ASC 820-10 defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows:

● Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets.

● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The Company did not identify any non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value in accordance with ASC 815.

In February 2007, the FASB issued ASC 825-10 “Financial Instruments.” ASC 825-10 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings.

The carrying amounts of cash and current liabilities approximate fair value due to the short maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of foreign exchange, commodity price, or interest rate market risks.

Revenue and Cost Recognition

Revenue and Cost Recognition

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the sales price is fixed or determinable, (iii) collectability is reasonably assured and (iv) goods have been shipped and/or services rendered.

Cash and Cash Equivalents

Cash and Cash Equivalents

For purposes of reporting cash flows, the Company considers cash and cash equivalents to be all highly liquid deposits with maturities of three months or less. Cash equivalents are carried at cost, which approximates market value.

The Company maintains its cash and cash equivalents at various financial institutions where they are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. The balances of these accounts from time to time may exceed federally insured limits. The Company has not experienced any losses in such accounts.

Accounts Receivable, Bad Debts and Allowance for Doubtful Accounts

Accounts Receivable, Bad Debts and Allowance for Doubtful Accounts

An allowance for doubtful accounts is provided for as a percentage of trade accounts receivable based on historical loss experience. As of September 30, 2015 and December 31, 2014, the allowance for doubtful accounts was approximately $70,000 and $112,000, respectively. Bad debt expense recognized for the nine ended September 30, 2015 and 2014 was $(81,761) and $0, respectively. Bad debt expense recognized for the three months ended September 30, 2015 and 2014 was $0 and $762, respectively. The reason for the negative bad debt expense balance at September 30, 2015 is due to the allowance being overstated at June 30, 2015 and requiring adjustment.

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment are recorded at cost less accumulated depreciation. Expenditures for major additions and improvements are capitalized. As property and equipment are sold or retired, the applicable cost and accumulated depreciation are removed from the accounts and any resulting gain or loss thereon is recognized as operating expenses.

Depreciation is calculated using the straight-line method over the estimated useful lives or, in the case of leasehold improvements, the term of the related lease, including renewal periods, if shorter. Estimated useful lives are as follows:

Transportation equipment	5 years
Office and machinery equipment	5 years
Roll off containers	5-7 years
Airspace	39.5 years

The Company reviews property, plant and equipment and all amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable. Recoverability is based on estimated undiscounted cash flows. Measurement of the impairment loss, if any, is based on the difference between the carrying value and fair value.

Impairment of Long-Lived Assets and Amortizable Intangible Assets

Impairment of Long-Lived Assets and Amortizable Intangible Assets

The Company follows ASC 360-10, “Property, Plant, and Equipment,” which established a “primary asset” approach to determine the cash flow estimation period for a group of assets and liabilities that represents the unit of accounting for a long-lived asset to be held and used. Long-lived assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less cost to sell. Through September 30, 2015, the Company has not experienced impairment losses on its long-lived assets.

Intangible Assets

Intangible Assets

A Customer list was bought from a related party in 2011. It is being amortized over five years.

The Company incurred website development costs in 2015. These costs are being amortized over three years.

The Company incurred engineering costs as part of a 10 year permit renewal with the Department of Environmental Protection. These costs were capitalized and are being amortized over 10 years.

Advertising Costs

Advertising Costs

The Company expenses all advertising costs as incurred. Advertising expenses for the nine months ended September 30, 2015 and 2014 were $4,576 and $3,621, respectively. Advertising expenses for the three months ended September 30, 2015 and 2014 were $1,902 and $1,319, respectively.

Income Taxes

Income Taxes

The Company files income tax returns in the United States and Florida, which are subject to examination by the tax authorities in these jurisdictions, generally for three years after the filing date.

Management has evaluated tax positions in accordance with FASB ASC 740, Income Taxes, and has not identified any tax positions that require disclosure.

As of September 30, 2015, the following tax years are subject to examination:

Jurisdiction	Open Years for Filed Returns
Federal	December 31, 2011 - 2014

Environmental Remediation Liability

Environmental Remediation Liability

The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Accruals for estimated losses from environmental remediation obligations generally are recognized no later than completion of the remedial feasibility study. Such accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental remediation obligations are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable.

Stock Issued to Non-Employees for Services Rendered

Stock Issued to Non-Employees for Services Rendered

The Company accounts for stock issued to non-employees in accordance with the provisions of FASB ASC 505-50 “Equity Based Payments to Non-Employees.” FASB ASC 505-50 states that equity instruments that are issued in exchange for the receipt of goods or services should be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The measurement date occurs as of the earlier of (a) the date at which a performance commitment is reached or (b) absent a performance commitment, the date at which the performance necessary to earn the equity instruments is complete (that is, the vesting date).

Reclassifications

Reclassifications

Certain reclassifications have been made in prior year balances to conform to the current year presentation. Such reclassifications had no effect on net income as previously reported.

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Related Party Transactions (Details)	Sep. 30, 2015 USD ($)
Aggregate annual maturities of the related party long-term debt
2015
2016	$ 704,547
Total	$ 704,547

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Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2015

Related Party Transactions [Abstract]

Aggregate annual maturities of the related party long-term debt

Year Ending
2015	$	-
2016		704,547
	$	704,547

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Property, Plant and Equipment (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Property, Plant and Equipment (Textual)
Depreciation expense	$ 36,174	$ 26,634	$ 107,372	$ 77,460

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Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flow from operating activities:
Net income	$ 184,870	$ 205,680
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expenses	122,064	91,082
Non-cash interest expense	5,533	$ 6,144
Non-cash professional expenses	146,682
Bad debt expense	(81,761)	$ 762
(Increase) decrease in assets:
Accounts receivable, net	(29,786)	$ (26,342)
Other current assets	(6,325)
Deposits	8,662
(Decrease) increase in liabilities:
Accounts payable and accrued expenses	46,125	$ 19,837
Income taxes payable	94,045
Net cash provided by operating activities	490,109	$ 297,163
Cash flows from investing activities:
Purchases of property and equipment	(35,594)	$ (30,131)
Purchase of intangible assets	(24,272)
Net cash used in investing activities	(59,866)	$ (30,131)
Cash flows from financing activities:
Payments on capital lease obligation	$ (15,581)
Advances from shareholder		$ 8,100
Payments on loan from shareholder	$ (51,790)	(184,881)
Net cash provided by financing activities	(67,371)	(176,781)
Net increase (decrease) in cash	362,872	90,251
Cash, beginning of period	108,642	57,447
Cash, end of period	471,514	$ 147,698
Supplemental disclosure of cash flow information:
Cash paid during the year for interest	$ 19,988
Cash paid during the year for income taxes
Supplemental schedule of non-cash activities:
Issuances of shares for professional services	$ 6,200
Issuances of shares subscribed for deposit on landfill	225,000
Issuances of shares or shares subscribed for professional services	$ 146,682

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Commitments and Contingencies

9 Months Ended

Sep. 30, 2015

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 5 – Commitments and Contingencies

General

During the normal course of business, the Company may be exposed to litigation. When t7he Company becomes aware of potential litigation, it evaluates the merits of the case in accordance with FASB ASC 450, Contingencies. The Company evaluates its exposure to the matter, possible legal or settlement strategies and the likelihood of an unfavorable outcome. If the Company determines than an unfavorable outcome is probable and can be reasonably estimated, it establishes the necessary accruals. Certain insurance policies held by the Company may reduce the cash outflows with respect to an adverse outcome of certain of these litigation matters.

Landfill Related Environmental Remediation

The Company currently operates a fully licensed landfill under approval by the Florida Department of Environmental Protection. As such the company has set up a reserve allowance of $424,596 against estimated future closing cost. As of December 31, 2013 the Florida Department of Environmental Protection has approved the secured letter of credit cash reserve of $324,950 set aside by the Company at September 30, 2015 and December 31, 2014, respectively, in order to be in compliance with the financial assurance requirements for long term care cost of the facility. It is reasonably possible that the recorded estimate of the obligation may change in the near term.

Concentrations of Revenues and Receivables

As discussed in note 7 to the financial statements, during the nine months ended September 30, 2015 and 2014, approximately 27% and 33% of the Company’s revenues were generated from a related party, respectively and approximately 54% and 54% of net accounts receivable were due from related parties as of September 30, 2015 and 2014, respectively.

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Amortizable Intangible Assets (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of amortizable intangible assets
Less accumulated amortization	$ (69,180)	$ (54,488)
Intangible assets, net	45,905	36,325
Customer list [Member]
Schedule of amortizable intangible assets
Intangible assets, gross	$ 90,813	$ 90,813
Amortization Period	5 years
Website costs [Member]
Schedule of amortizable intangible assets
Intangible assets, gross	$ 7,954
Amortization Period	3 years
Licenses and permits [Member]
Schedule of amortizable intangible assets
Intangible assets, gross	$ 16,318
Amortization Period	10 years

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Subsequent Events (Details) - Subsequent Event [Member] - WRE, LLC [Member] - USD ($)	Oct. 31, 2015	Oct. 15, 2015
Subsequent Events (Textual)
Restricted stock, Value		$ 250,000
Restricted stock, Shares		2,750,000
Purchase price of stock, Value	$ 450,000
Purchase price of stock, Shares	2,400,000

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Capital leases (Tables)

9 Months Ended

Sep. 30, 2015

Capital Leases [Abstract]

Schedule of future minimum lease payments under the lease

2016		24,093
2017		28,523
2018		33,768
2019		39,978
2020		7,345
Total capital lease obligation	$	133,707

Summary of leased assets included in machinery and equipment

	2015			2014
Leased Equipment	$	179,620		$	179,620
Less accumulated depreciation		(26,943	)		-
Net leased assets	$	152,677		$	179,620