![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Joey New York Inc (CE) | USOTC:JOEY | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0003 | 0.00 | 01:00:00 |
Nevada
|
|
68-0682410
|
(State or other jurisdiction of
incorporation or organization)
|
|
(IRS Employer
Identification No.)
|
☐
|
Large accelerated filer
|
|
☐
|
Accelerated filer
|
|
☐
|
Non-accelerated filer
|
|
☒
|
Smaller reporting company
|
Page
|
|
Financial Statements (Unaudited):
|
|
Consolidated Balance Sheets
|
5 |
Consolidated Statements of Operations
|
6 |
Consolidated Statements of Cash Flows
|
7 |
Notes to Audited Consolidated Financial Statements
|
8 |
|
November 30, 2015
(Restated)
|
February 28, 2015
(Restated)
|
||||||
Assets
|
|
|
||||||
Current assets
|
|
|
||||||
Cash and cash equivalents
|
$
|
195
|
$
|
5,063
|
||||
Accounts receivable, net
|
-
|
530
|
||||||
Inventory
|
-
|
31,249
|
||||||
Total current assets
|
195
|
36,842
|
||||||
|
||||||||
Property and equipment, net
|
5,290
|
4,563
|
||||||
Advances to shareholder
|
-
|
-
|
||||||
Total assets
|
$
|
5,485
|
$
|
41,405
|
||||
|
||||||||
Liabilities and stockholders' deficit
|
||||||||
Current liabilities
|
||||||||
Accounts payable
|
$
|
143,297
|
$
|
158,943
|
||||
Accrued liabilities
|
357,634
|
197,742
|
||||||
Advances – related party
|
631,737
|
592,238
|
||||||
Current portion of long-term debt
|
3,015,600
|
3,015,600
|
||||||
Total current liabilities
|
4,148,268
|
3,964,524
|
||||||
|
||||||||
Long-term debt, net of current portion
|
-
|
-
|
||||||
Total liabilities
|
4,148,268
|
3,964,524
|
||||||
|
||||||||
Commitments and Contingencies
|
||||||||
|
||||||||
Stockholder's deficit
|
||||||||
Common stock, $0.001 par value; 1,500,000,000 shares
authorized; 70,135,159 and 69,885,134 shares issued and
outstanding
|
70,135
|
69,885
|
||||||
Additional paid in capital
|
(2,860,647
|
)
|
(2,910,402
|
)
|
||||
Accumulated deficit
|
(1,352,270
|
)
|
(1,082,602
|
)
|
||||
Total stockholder's deficit
|
(4,142,782
|
)
|
(3,923,119
|
)
|
||||
|
||||||||
Total liabilities and stockholder's equity
|
$
|
5,485
|
$
|
41,405
|
|
Three Months Ended
November 30,
(Restated)
|
Nine Months Ended
November 30,
(Restated)
|
||||||||||||||
|
2015
|
2014
|
2015
|
2014
|
||||||||||||
Revenues
|
$
|
305
|
$
|
111,908
|
$
|
54,596
|
$
|
144,469
|
||||||||
Cost of sales
|
227
|
55,559
|
42,888
|
72,845
|
||||||||||||
Gross margin
|
78
|
56,349
|
11,707
|
71,624
|
||||||||||||
|
||||||||||||||||
Operating expenses
|
||||||||||||||||
Selling and marketing
|
60
|
10,913
|
770
|
57,252
|
||||||||||||
Professional
|
3,603
|
26,250
|
33,549
|
145,808
|
||||||||||||
General and administrative
|
59,071
|
33,142
|
114,305
|
161,179
|
||||||||||||
Depreciation and
amortization
|
164
|
327
|
491
|
981
|
||||||||||||
|
||||||||||||||||
Total operating expenses
|
62,898
|
70,632
|
149,115
|
365,220
|
||||||||||||
|
||||||||||||||||
Loss from operations
|
(62,820
|
)
|
(14,283
|
)
|
(137,408
|
)
|
(293,596
|
)
|
||||||||
|
||||||||||||||||
Interest expense
|
(43,421
|
)
|
(92,900
|
)
|
(132,261
|
)
|
(125,955
|
)
|
||||||||
|
||||||||||||||||
Loss before income taxes
|
(106,240
|
)
|
(107,183
|
)
|
(269,669
|
)
|
(419,551
|
)
|
||||||||
|
||||||||||||||||
Provision (benefit) for income taxes
|
-
|
-
|
-
|
-
|
||||||||||||
|
||||||||||||||||
Net loss
|
$
|
(106,240
|
)
|
$
|
(107,183
|
)
|
$
|
(269,669
|
)
|
$
|
(419,551
|
)
|
||||
|
||||||||||||||||
Basic and diluted loss per share
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
$
|
(0.01
|
)
|
||||
|
||||||||||||||||
Weighted average shares outstanding
|
70,094,394
|
69,472,407
|
69,989,764
|
69,234,927
|
|
2015
(Restated)
|
2014
(Restated)
|
||||||
Cash flows from operating activities:
|
|
|
||||||
Net loss
|
$
|
(269,669
|
)
|
$
|
(419,551
|
)
|
||
Adjustments to reconcile net income to net cash provided
|
||||||||
by operating activities:
|
||||||||
Depreciation and amortization
|
491
|
981
|
||||||
Stock based compensation
|
-
|
67,027
|
||||||
Bad debt
|
-
|
-
|
||||||
Changes in operating assets and liabilities:
|
||||||||
Accounts receivable
|
531
|
(38,334
|
)
|
|||||
Inventory
|
31,249
|
71,028
|
||||||
Accounts payable
|
144,244
|
185,907
|
||||||
Income tax payable
|
-
|
-
|
||||||
Net cash used in operating activities
|
(93,153
|
)
|
(132,952
|
)
|
||||
|
||||||||
Cash flows from investing activities:
|
||||||||
Purchases of property and equipment
|
(1,219
|
)
|
-
|
|||||
Net cash used in investing activities
|
(1,219
|
)
|
-
|
|||||
|
||||||||
Cash flows from financing activities
|
||||||||
Proceeds from the sale of common stock
|
50,005
|
110,000
|
||||||
Proceeds from related party advances
|
39,499
|
56,773
|
||||||
Net cash from financing activities
|
89,504
|
166,773
|
||||||
|
||||||||
Net change in cash and cash equivalents
|
(4,868
|
)
|
33,821
|
|||||
|
||||||||
Cash and cash equivalents, beginning of period
|
5,063
|
120
|
||||||
Cash and cash equivalents, end of period
|
$
|
195
|
$
|
33,941
|
||||
|
||||||||
Supplemental disclosure of cash flow information
|
||||||||
Interest paid
|
$
|
-
|
$
|
1,424
|
||||
Income taxed paid
|
$
|
-
|
$
|
-
|
||||
|
||||||||
Supplemental disclosures of non-cash transactions:
|
||||||||
Issuance of notes payable in connection with the
|
||||||||
recapitalization
|
$
|
-
|
$
|
3,000,000
|
Level 1
|
Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities
|
Level 2
|
Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.
|
Level 3
|
Inputs that are both significant to the fair value measurement and unobservable.
|
i) | Persuasive evidence for an agreement exists; |
ii) | Service has been provided; |
iii) | The fee is fixed or determinable; and, |
iv) | Collection is reasonably assured. |
November 30, 2015
|
February 28, 2015
|
|||||||
Property and equipment
|
$
|
10,459
|
$
|
9,240
|
||||
Less accumulated depreciation
|
5,169
|
4,677
|
||||||
Property and equipment, net
|
$
|
5,290
|
$
|
4,563
|
As
Originally
Filed
|
As
Restated
|
Restatement
Adjustment
|
||||||||||
Balance sheet
|
||||||||||||
Accrued liabilities
|
$
|
302,850
|
$
|
357,634
|
$
|
54,784
|
||||||
Additional paid in capital
|
$
|
(2,858,703
|
)
|
$
|
(2,860,647
|
)
|
$
|
(1,944
|
)
|
|||
Accumulated deficit
|
$
|
(1,299,431
|
)
|
$
|
(1,352,270
|
)
|
$
|
(52,839
|
)
|
|||
Statement of cash flow
|
||||||||||||
Accounts receivable
|
$
|
11,930
|
$
|
531
|
$
|
(11,399
|
)
|
|||||
Accounts payable
|
$
|
107,904
|
$
|
144,244
|
$
|
36,340
|
||||||
Proceeds from related party advances
|
$
|
64,441
|
$
|
39,499
|
$
|
(24,942
|
)
|
Number
|
Description
|
|
|
31.1
|
Certification of Principal Executive Officer, pursuant to SEC Rules 13a-14(a) and 15d-14(a), adopted pursuant Section 302 of the Sarbanes Oxley Act of 2002
|
|
|
31.2
|
Certification of Principal Financial Officer, pursuant to SEC Rules 13a-14(a) and 15d-14(a), adopted pursuant Section 302 of the Sarbanes Oxley Act of 2002
|
|
|
32.1
|
Certification of Chief Executive Officer and Principal Financial Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
|
|
|
32.2
|
Certification of Chief Executive Officer and Principal Financial Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 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. DEF
|
XBRL Taxonomy Extension Definition Linkbase Document
|
|
|
101.LAB
|
XBRL Taxonomy Extension Label Linkbase Document
|
|
|
101.PRE
|
XBRL Taxonomy Extension Presentation Linkbase Document
|
|
Joey New York, Inc.
|
|
|
|
|
|
|
Date: June 3, 2016
|
By:
|
/s/ Joey Chancis
|
|
|
|
Joey Chancis, CEO
|
|
|
|
Principal Executive Officer
|
|
|
|
|
|
Date: June 3, 2016
|
By:
|
/s/ Richard Roer
|
|
|
|
Richard Roer, President
|
|
|
|
Principal Financial Officer
|
|
1 Year Joey New York (CE) Chart |
1 Month Joey New York (CE) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions