NextPlat Corp Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' DEFICIT (Details Narrative)

STOCKHOLDERS' DEFICIT (Details Narrative) (USD $)	1 Months Ended	9 Months Ended
STOCKHOLDERS' DEFICIT (Details Narrative) (USD $)	Nov. 14, 2014	Sep. 30, 2014	Dec. 31, 2013
Preferred stock, shares authorized		20,000,000us-gaap_PreferredStockSharesAuthorized
Common stock, shares authorized		200,000,000us-gaap_CommonStockSharesAuthorized	200,000,000us-gaap_CommonStockSharesAuthorized
Common stock, shares issued		9,510,950us-gaap_CommonStockSharesIssued	1,510,975us-gaap_CommonStockSharesIssued
Common stock, shares outstanding		9,510,950us-gaap_CommonStockSharesOutstanding	1,510,975us-gaap_CommonStockSharesOutstanding
Stock options, value		$ 260,000
Warrants outstanding at end of period		245,000
Private placement units sold	50,000	200,000
Private placement unit price		$ 2.00
Gross proceeds from private placement	100,000	400,000
Common shares issued in Private Placement	2,000,000	8,000,000
Uribe
Non-employee director monthly fees		1,000
Non-employee option issued		30,000
Exercise price, per share, for common stock		$ 0.015
Valued common shares at the fair market value, per share		$ 3.00
Valued common shares at the fair market value		179,834
Volatility rate		260.00%
Expected term		4 years
Risk-free interest rate		0.81%
Stock based consulting expense		179,834
Bhansali
Non-employee director monthly fees		$ 1,000
Non-employee option issued		30,000
Exercise price, per share, for common stock		$ 0.0001
Volatility rate		260.00%
Expected term		4 years
Risk-free interest rate		0.81%
2014 Plan
Share based compensation, shares issuable		226,667
Share based compensation, vesting terms		issuance no later than sixty (60) days following the date of shareholder approval of the Plan in connection with (i) a private placement of the Company’s securities in which the Corporation receives gross proceeds of at least $1,000,000 and (ii) an acquisition of at least 50 mining leases and/or claims in the Holbrook Basin.
Preferred stock, Series B
Preferred stock, shares authorized		30,000
Preferred stock, shares outstanding		6,666
Preferred Stock Series A
Preferred stock, shares authorized		20,000
Preferred stock, shares outstanding		20,000