Dynamic Enviro 10-Q/A 22 Aug 16 2016 Q2 Quarterly report (amended) Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 18, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Registrant Name	Dynamic Enviro Inc.
Entity Central Index Key	1,643,930
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		76,818,320

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash	$ 4,205	$ 23,845
Accounts receivable	209,780	53,326
Subscriptions receivable	0	11,000
Prepaid expenses	3,600	3,600
Total Current Assets	217,585	91,771
Deposit	18,000	18,000
Property and equipment; net of accumulated amortization of $260,590 and $247,678, respectively	57,386	50,932
Total Assets	292,971	160,703
Current Liabilities
Accounts payable	191,016	48,773
Notes payable	18,151	22,151
Notes payable - related party	4,056	0
Due to related party	31,030	38,030
Total Current Liabilities	244,253	108,954
Notes payable - related party	8,296	0
Total Liabilities	252,549	108,954
Stockholders’ Equity
Preferred Stock Authorized: 30,000,000 shares, no par value Issued and Outstanding: nil shares	0	0
Common Stock Authorized: 200,000,000 shares, $0.0001 par value Issued and Outstanding: 76,818,320 and 76,133,320 shares, respectively	7,682	7,613
Additional Paid-in Capital	212,830	178,649
Deficit	(180,090)	(134,513)
Total Stockholders’ Equity	40,422	51,749
Total Liabilities and Stockholders’ Equity	$ 292,971	$ 160,703

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 260,590	$ 247,678
Preferred Stock, Shares Authorized	30,000,000	30,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares, Issued	76,818,320	76,133,320
Common Stock, Shares, Outstanding	76,818,320	76,133,320

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue	$ 544,809	$ 865,846	$ 694,731	$ 910,712
Cost of Revenue	328,616	237,979	442,280	272,022
Gross Profit	216,193	627,867	252,451	638,690
Operating Expenses
Depreciation expense	6,833	8,750	12,912	17,506
General and administrative	183,654	91,953	285,116	160,988
Total Operating Expenses	190,487	100,703	298,028	178,494
Operating (Loss) Income	25,706	527,164	(45,577)	460,196
Other Expenses
Interest expense	0	(771)	0	(1,661)
Total Other Expenses	0	(771)	0	(1,661)
Net (Loss) Income	$ 25,706	$ 526,393	$ (45,577)	$ 458,535
Net (Loss) Income Per Share, Basic and Diluted	$ 0	$ 0.05	$ 0	$ 0.09
Weighted Average Shares Outstanding, Basic and Diluted	76,701,936	9,922,737	76,530,975	4,988,829

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash Flows from Operating Activities
Net (loss) income	$ (45,577)	$ 458,535
Adjustments to reconcile net (loss) income to cash used in operating activities:
Depreciation	12,912	17,506
Changes in operating assets and liabilities:
Accounts receivable	(156,454)	(531,521)
Accounts payable	142,243	2,764
Net Cash Used In Operating Activities	(36,626)	(22,716)
Cash Flows from Investing Activities
Purchase of property and equipment	(6,000)	(3,873)
Net Cash Used in Investing Activities	(6,000)	(3,873)
Cash Flows from Financing Activities
Proceeds from collection of subscription receivable	11,000	0
Proceeds received from issuance of common stock	24,000	5,000
Repayment of note payable	(4,000)	(8,864)
Proceeds from related party	0	33,375
Repayment to related party	(8,014)	0
Net Cash Provided by Financing Activities	22,986	29,511
(Decrease) Increase in Cash	(19,640)	2,922
Cash - Beginning of Period	23,845	18,434
Cash - End of Period	4,205	21,356
Non-cash transactions:
Stock issued for subscriptions receivable	0	8,000
Note payable issued for vehicle acquired from related party	13,366	0
Supplemental disclosures of cash flow information:
Interest paid	0	0
Income taxes paid	0	0
Consulting Services [Member]
Adjustments to reconcile net (loss) income to cash used in operating activities:
Issuance of Stock and Warrants for Services or Claims	250	0
Marketing Services [Member]
Adjustments to reconcile net (loss) income to cash used in operating activities:
Issuance of Stock and Warrants for Services or Claims	10,000	0
Professional Services [Member]
Adjustments to reconcile net (loss) income to cash used in operating activities:
Issuance of Stock and Warrants for Services or Claims	$ 0	$ 30,000

Nature of Operations

Nature of Operations	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations [Text Block]	1. Nature of Operations Dynamic Enviro, Inc. (the “Company”), was incorporated in the state of Florida on October 28, 2014. In January 2015, the Company assumed the principal business operations of Dynamic Environmental, Inc., a related company with the same sole director as the Company, by continuing the principal business while Dynamic Environmental, Inc. ceased operations of its principal business. Therefore, the Company is considered a continuation of Dynamic Environmental, Inc. The Company’s principal business is the provision of environmental and disaster response services.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting [Text Block]	2. Basis of Presentation a) Interim Financial Statements The interim unaudited financial statements as of June 30, 2016, and for the three months and six months ended June 30, 2016 and 2015, have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information on the same basis as the annual financial statements and in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company's financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. They do not include all of the information and footnotes required by GAAP for complete financial statements. Therefore, these financial statements should be read in conjunction with the Company's audited financial statements and notes thereto for the years ended December 31, 2015 and 2014. b) Going Concern These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities and commitments in the normal course of business for the foreseeable future. The Company has a working capital deficit of $26,668 as at June 30, 2016 and has suffered net losses. The Company has funded activities to date from debt financings and earnings. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and public issuance of common stock. While the Company believes that it will be successful in obtaining the necessary financing and generating revenue to fund its operations, meet regulatory requirements and achieve commercial goals, there are no assurances that such additional funding will be achieved and that it will succeed in its future operations.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	3. Property and Equipment Equipment Vehicles Total Cost: Balance, December 31, 2015 93,080 205,530 298,610 Additions – 19,366 19,366 Balance, June 30, 2016 93,080 224,896 317,976 Accumulated amortization: Balance, December 31, 2015 66,578 181,100 247,678 Additions 3,219 9,693 12,912 Balance, June 30, 2016 69,797 190,793 260,590 Carrying amounts: Balance, December 31, 2015 26,502 24,430 50,932 Balance, June 30, 2016 23,283 34,103 57,386

Purchase Agreement

Purchase Agreement	6 Months Ended
	Jun. 30, 2016
Purchase Agreement Disclosure [Abstract]
Purchase Agreement Disclosure [Text Block]	4. Purchase Agreement On September 1, 2015, the Company entered into a Purchase Agreement to purchase a building for a price of $ 150,000 18,000 132,000

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Related Party Transactions a) As at June 30, 2016, the Company owes the President of the Company $ 31,030 38,030 b) On April 13, 2016, the Company purchased a vehicle from the President of the Company for a total purchase price of $ 19,366 6,000 338 12,352

Notes Payable

Notes Payable	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	6. Notes Payable During the year ended December 31, 2013, the Company entered a loan agreement with a non-related third party for $ 32,651 18,151 22,151

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Stockholders’ Equity During the six months ended June 30, 2016, the Company issued 480,000 0.05 24,000 During the six months ended June 30, 2016, the Company received cash proceeds of $ 11,000 During the six months ended June 30, 2016, the Company issued 5,000 250 During the six months ended June 30, 2016, the Company issued 200,000 10,000 During the six months ended June 30, 2015, the Company issued 600,000 30,000 During the six months ended June 30, 2015, the Company issued 14,960,000 13,000 8,000

Concentrations

Concentrations	6 Months Ended
	Jun. 30, 2016
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	8. Concentrations Customer Receivables as Receivables as 1 36 % 62 % 2 35 % 22 % 3 29 % 16 % T he Company’s revenues were concentrated among three customers during the six months ended June 30, 2016, and 2015: Customer Revenue Revenue 1 48 % 46 % 2 37 % 42 % 3 11 % * * not greater than 10%

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Equipment Vehicles Total Cost: Balance, December 31, 2015 93,080 205,530 298,610 Additions – 19,366 19,366 Balance, June 30, 2016 93,080 224,896 317,976 Accumulated amortization: Balance, December 31, 2015 66,578 181,100 247,678 Additions 3,219 9,693 12,912 Balance, June 30, 2016 69,797 190,793 260,590 Carrying amounts: Balance, December 31, 2015 26,502 24,430 50,932 Balance, June 30, 2016 23,283 34,103 57,386

Concentrations (Tables)

Concentrations (Tables)	6 Months Ended
	Jun. 30, 2016
Accounts Receivable [Member]
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	The Company’s receivables were concentrated among three customers as of June 30, 2016, and December 31, 2015: Customer Receivables as Receivables as 1 36 % 62 % 2 35 % 22 % 3 29 % 16 %
Sales Revenue, Net [Member]
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	T he Company’s revenues were concentrated among three customers during the six months ended June 30, 2016, and 2015: Customer Revenue Revenue 1 48 % 46 % 2 37 % 42 % 3 11 % * * not greater than 10%

Basis of Presentation (Details

Basis of Presentation (Details Textual)	Jun. 30, 2016USD ($)
Working Capital Deficit	$ 26,668

Property and Equipment (Details

Property and Equipment (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
Cost: Begining Balance	$ 298,610
Additions	19,366
Cost: Ending Balance	317,976
Accumulated amortization: Begining Balance	247,678
Additions	12,912
Accumulated amortization: Ending Balance	260,590
Carrying amounts: Begining Balance	50,932
Carrying amounts: Ending Balance	57,386
Equipment [Member]
Cost: Begining Balance	93,080
Additions	0
Cost: Ending Balance	93,080
Accumulated amortization: Begining Balance	66,578
Additions	3,219
Accumulated amortization: Ending Balance	69,797
Carrying amounts: Begining Balance	26,502
Carrying amounts: Ending Balance	23,283
Vehicles [Member]
Cost: Begining Balance	205,530
Additions	19,366
Cost: Ending Balance	224,896
Accumulated amortization: Begining Balance	181,100
Additions	9,693
Accumulated amortization: Ending Balance	190,793
Carrying amounts: Begining Balance	24,430
Carrying amounts: Ending Balance	$ 34,103

Purchase Agreement (Details Tex

Purchase Agreement (Details Textual)	1 Months Ended
	Sep. 01, 2015USD ($)
Buildings and Improvements, Gross	$ 150,000
Payments for Deposits on Real Estate Acquisitions	18,000
Building [Member]
Capital Expenditures Incurred but Not yet Paid	$ 132,000

Related Party Transactions (Det

Related Party Transactions (Details Textual) - USD ($)	1 Months Ended	6 Months Ended
	Apr. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Due to Officers or Stockholders, Current		$ 31,030		$ 38,030
Related Party Transaction, Amounts of Transaction	$ 19,366
Payments to Acquire Property, Plant, and Equipment		6,000	$ 3,873
Monthly Installment Payments	338
President [Member]
Due to Officers or Stockholders, Current		$ 12,352
Vehicles [Member]
Payments to Acquire Property, Plant, and Equipment	$ 6,000

Notes Payable (Details Textual)

Notes Payable (Details Textual) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2013
Debt Instrument, Face Amount			$ 32,651
Notes Payable, Current	$ 18,151	$ 22,151

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues	480,000	14,960,000
Shares Issued, Price Per Share	$ 0.05
Stock Issued During Period, Value, New Issues	$ 24,000	$ 13,000
Proceeds from Collection of Finance Receivables	$ 11,000	0
Receivable from Shareholders or Affiliates for Issuance of Capital Stock		$ 8,000
Consulting Services [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services	5,000
Stock Issued During Period, Value, Issued for Services	$ 250
Marketing Services [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services	200,000
Stock Issued During Period, Value, Issued for Services	$ 10,000
Professional Services [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services		600,000
Stock Issued During Period, Value, Issued for Services		$ 30,000

Concentrations (Details)

Concentrations (Details) - Accounts Receivable [Member]	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	36.00%	62.00%
Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	35.00%	22.00%
Customer Three [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	29.00%	16.00%

Concentrations (Details 1)

Concentrations (Details 1) - Sales Revenue, Net [Member]	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	48.00%	46.00%
Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	37.00%	42.00%
Customer Three [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	11.00%		[1]
[1]	not greater than 10%