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Emerald Medical Applications Corp. - Balance Sheets
Sep. 30, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Current assets:      
Cash and cash equivalents $ 447,029 $ 14,411 $ 0
Due from related party 0 18,999 0
Other receivable 11,812 6,718 0
Total current assets $ 458,841 $ 40,128 $ 0
Fixed assets, net:      
Fixed assets, net of accumulated depreciation of $4,180 and $66, respectively 23,260 1,390 0
Total assets $ 482,101 $ 41,518 $ 0
Current liabilities:      
Accounts payable and accrued liabilities $ 130,354 $ 2,577 $ 0
Advances payable - related party 16,046 4,439 161,729
Employee payable $ 48,506 $ 0 $ 0
Accrued interest payable $ 7,444 $ 2,013 $ 32,050
Short term notes payable - related party 0 19,521 0
Short term notes payable 82,071 68,389 0
Convertible note payable - net of discount of $0; $9,555 and $0, respectively 29,719 20,164 85,000
Derivative liability $ 0 $ 20,532 $ 0
Total current liabilities 314,140 137,635 278,779
Total liabilities 314,140 137,635 278,779
Stockholders' deficit:      
Preferred stock [1] 0 0 0
Common stock [2] 1,481 744 42
Accumulated other comprehensive income (loss) (19,915) 8,932 0
Additional paid in capital 7,966,600 (744) 121,373
Accumulated deficit (7,780,205) (105,049) (400,194)
Total Stockholders' equity (deficit) 167,961 (96,117) (278,779)
Total Liabilities and Stockholders' Equity $ 482,101 $ 41,518 $ 0
[1] $0.0001 par value; 10,000,000 shares authorized; none issued.
[2] $0.0001 par value; 490,000,000 shares authorized; 14,807,805; 7,438,141 and 423,782 issued and outstanding at September 30, 2015, December 31, 2014 and 2013, respectively.