JOYMAIN INTERNATIONAL DEVELOPMENT GROUP INC.
CIK:0001520007|SEC Filings
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Apr. 30, 2016 |
Apr. 30, 2015 |
Apr. 30, 2014 |
|||||
| REVENUE | $ 2,765,801 | $ 1,506,516 | $ 0 | ||||
| COST OF REVENUE | 2,548,037 | 1,377,855 | 0 | ||||
| GROSS PROFIT | 217,764 | 128,661 | 0 | ||||
| OPERATING EXPENSES | |||||||
| General and administrative | (326,572) | (418,221) | (167,465) | ||||
| Business development expenses | 0 | (13,118,270) | 0 | ||||
| Total Operating Expenses | (326,572) | (13,536,491) | (167,465) | ||||
| LOSS FROM OPERATIONS | (108,808) | (13,407,830) | (167,465) | ||||
| OTHER INCOME | |||||||
| Interest income | 955 | 1,532 | 1,806 | ||||
| Other income | 156 | 12,364 | 0 | ||||
| Total other income | 1,111 | 13,896 | 1,806 | ||||
| LOSS BEFORE PROVISION FOR INCOME TAXES | (107,697) | (13,393,934) | (165,659) | ||||
| PROVISION FOR INCOME TAXES | 0 | 0 | 0 | ||||
| NET LOSS | $ (107,697) | $ (13,393,934) | $ (165,659) | ||||
| BASIC AND DILUTED: | |||||||
| Loss per common share | [1] | $ (0.01) | [1] | ||||
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES | 1,120,343,373 | 996,609,101 | 954,720,959 | ||||
| |||||||
CONSOLIDATED BALANCE SHEETS - USD ($) |
Apr. 30, 2016 |
Apr. 30, 2015 |
|---|---|---|
| CURRENT ASSETS: | ||
| Cash | $ 1,116,966 | $ 878,839 |
| Advance to suppliers | 62,736 | 1,293,030 |
| Marketable securities | 255,824 | 359,857 |
| TOTAL CURRENT ASSETS | 1,435,526 | 2,531,726 |
| PROPERTY AND EQUIPMENT - Net | 1,155 | 1,555 |
| TOTAL ASSETS | 1,436,681 | 2,533,281 |
| CURRENT LIABILITIES: | ||
| Accounts payable | 5,299 | 24,726 |
| Due to related parties | 235 | 3,529 |
| Advance from customer | 428,781 | 1,423,031 |
| Other payables | 51,817 | 23,749 |
| TOTAL CURRENT LIABILITIES | 486,132 | 1,475,035 |
| STOCKHOLDERS' EQUITY: | ||
| Common stock,1,500,000,000 shares authorized, par value $0.001, 1,120,343,373 shares issued and outstanding at April 30, 2016 and 2015, respectively | 1,120,343 | 1,120,343 |
| Additional paid-in capital | 14,436,858 | 14,436,858 |
| Accumulated deficit | (14,606,652) | (14,498,955) |
| TOTAL STOCKHOLDERS' EQUITY | 950,549 | 1,058,246 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 1,436,681 | $ 2,533,281 |