• Filing Date: 2016-11-15
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash $ 1,914,492 $ 395,726
Accounts Receivable, net 477,842 444,843
Prepaid expenses 125,438 102,418
Inventory 20,102 82,533
Related party receivable 67,879 0
Total Current Assets 2,605,753 1,025,520
Equipment, net 181,066 134,745
Goodwill 4,000,000 4,000,000
Deposit 125,000 0
Total Assets 6,911,819 5,160,265
Current Liabilities:    
Accounts payable and accrued liabilities 709,456 508,083
Accounts payable - related party 106,967 171,081
Convertible note, net 1,161,939 1,780,482
Notes payable 64,182 98,668
Lawsuit liability 0 26,000
Derivative liability 1,086,000 1,484,000
Total Liabilities 3,128,544 4,068,314
Commitments and Contingencies (Note 9)
Stockholders' Equity:    
Common stock, $0.0001 par value, 450,000,000 shares authorized; 327,929,007 and 204,400,850 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 32,793 20,440
Common stock to be issued 584,000 4,000
Treasury stock (869,000) (869,000)
Additional paid in capital 33,205,513 26,108,346
Accumulated deficit (28,711,656) (23,796,018)
Total Premier Holding Corporation stockholders' equity 4,241,695 1,467,813
Non-controlling interest (458,420) (375,862)
Total Stockholders' Equity 3,783,275 1,091,951
Total Liabilities and Stockholders' Equity 6,911,819 5,160,265
Preferred Stock [Member]    
Stockholders' Equity:    
Preferred Stock 0 0
Series A Preferred Stock [Member]    
Stockholders' Equity:    
Preferred Stock 20 20
Series B Preferred Stock [Member]    
Stockholders' Equity:    
Preferred Stock $ 25 $ 25