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Emerald Medical Applications Corp. - Balance Sheets
Mar. 31, 2016
USD ($)
Dec. 30, 2015
USD ($)
Current assets:    
Cash and cash equivalents $ 94,859 $ 115,449
Other receivable $ 0 $ 25,797
Total current assets 94,859 141,246
Fixed assets, net:    
Fixed assets, net of accumulated depreciation of $9,135 and $6,536, respectively 18,521 21,120
Total assets $ 113,380 $ 162,366
Current liabilities:    
Accounts payable and accrued liabilities $ 86,416 $ 90,705
Employee payable 19,023 25,612
Employee payable - related party 3,310 3,480
Accrued interest payable 7,759 19,285
Short term notes payable 202,224 119,974
Convertible note payable - net of discount of $73,562 and $0, respectively 31,157 29,719
Total current liabilities 349,889 288,775
Total liabilities $ 349,889 $ 288,775
Stockholders' deficit:    
Preferred stock [1] 0 0
Common stock [2] $ 1,863 $ 1,533
Accumulated other comprehensive income (loss) (24,175) (19,337)
Additional paid in capital $ 10,547,349 $ 8,752,711
Accumulated deficit (10,761,546) (8,861,316)
Total Stockholders' equity (deficit) $ (236,509) $ (126,409)
Total Liabilities and Stockholders' Equity $ 113,380 $ 162,366
[1] $0.0001 par value; 10,000,000 shares authorized; none issued.
[2] $0.0001 par value; 490,000,000 shares authorized; 18624461 and 15,325,889 issued and outstanding at March 31, 2016 and December 31, 2015, respectively.