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Emerald Medical Applications Corp. - Statement of Stockholders' Deficit
Common Stock, Share
Common Stock, Amount
Additional Paid-In Capital
Accumulated Deficit
Total Shareholders' Deficit
Equity Balance, beginning of period at Dec. 31, 2012 423,782 42 121,373 (348,794) (227,379)
Imputed related party interest
Stock issued upon conversion on notes payable
Discount on convertible notes
Net loss (51,400) (51,400)
Equity Balance, end of period at Dec. 31, 2013 423,782 42 121,373 (400,194) (278,779)
Equity Balance, beginning of period at Dec. 31, 2013 423,782 42 121,373 (400,194) (278,779)
Imputed related party interest 17,490 17,490
Stock issued upon conversion on notes payable 4,125,000 413 124,587 125,000
Discount on convertible notes 125,000 125,000
Net loss (173,870) (173,870)
Equity Balance, end of period at Dec. 31, 2014 4,548,782 455 388,450 (574,064) (185,159)