UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-Q

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended December 31, 2015

or

[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to Commission File Number 333-188152

MJP INTERNATIONAL LTD.
(Exact name of registrant as specified in its charter)

Nevada N/A
(State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.)

2806, 505 - 6th Street SW, Calgary, Alberta, Canada T2P 1X5
(Address of principal executive offices) (Zip Code)

(403) 237–8330
(Registrant’s telephone number, including area code)

N/A
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
[X] YES     [   ] NO

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
[X] YES     [   ] NO

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [   ] Accelerated filer [   ] 
Non-accelerated filer [   ] (Do not check if a smaller reporting company) Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)
[   ] YES     [X] NO

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court. 
[   ] YES     [   ] NO

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
16,108,500 common shares issued and outstanding as of February 1, 2016.

TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION 3
   
   Item 1. Financial Statements 3
     
   Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 4
     
   Item 3. Quantitative and Qualitative Disclosures about Market Risk 11
     
   Item 4. Controls and Procedures 12
     
PART II - OTHER INFORMATION 12
   
   Item 1. Legal Proceedings 12
     
   Item 1A. Risk Factors 12
     
   Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 12
     
   Item 3. Defaults Upon Senior Securities 12
     
   Item 4. Mine Safety Disclosures 12
     
   Item 5. Other Information 13
     
   Item 6. Exhibits 13
     
SIGNATURES 14

2

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Our unaudited condensed interim consolidated financial statements for the three and six month periods ended December 31, 2015 form part of this quarterly report. They are stated in United States Dollars (US$) and are prepared in accordance with United States generally accepted accounting principles.

3

MJP International Ltd.
CONDENSED INTERIM CONSOLIDATED BALANCE SHEETS
Stated in US Dollars
(A Development Stage Company)

    December 31,     June 30,  
    2015     2015  
    (Unaudited)     (Audited)  
ASSETS    
Current            
     Cash and cash equivalents $  669   $  617  
Total Assets $  669   $  617  
             
LIABILITIES    
Current            
     Trades and other payables $  8,637   $  21,654  
     Due to related parties (Note 3)   112,569     95,284  
Total Liabilities   121,206     116,938  
             
STOCKHOLDERS' DEFICIENCY    
Capital Stock 
     Authorized 
           100,000,000 common stock, voting, par value $0.0001 each 
           90,000,000 preferred stock, non-voting, par value $0.0001 each 
     Issued 
           16,108,500 (June 30, 2015 - 16,108,500) common stock (Note 4) 		  1,611     1,611  
Additional paid in capital (Note 4)   112,195     112,195  
Deficit accumulated during the development stage   (258,219 )   (241,772 )
Accumulated other comprehensive income   23,876     11,645  
Total Stockholders' Deficiency   (120,537 )   (116,321 )
Total Liabilities and Stockholders' Deficiency $  669   $  617  
             
Going Concern (Note 1)            

The accompanying notes are an integral part of these condensed interim consolidated financial statements
Page 1

MJP International Ltd.
CONDENSED INTERIM CONSOLIDATED STATEMENT OF OPERATIONS
Stated in US Dollars
(A Development Stage Company)
For the three and six months ended December 31, 2015 and 2014;
and the period from inception (July 19, 2010) to December 31, 2015
(Unaudited)

    Three months ended     Three months ended     Six months ended     Six months ended     Since July 19, 2010  
    December 31,     December 31,     December 31,     December 31,     to December 31,  
    2015     2014     2015     2014     2015  
Revenue $  1,792   $  944   $  1,792   $  2,959   $  101,076  
Cost of goods sold   (1,434 )   (952 )   (1,434 )   (2,584 )   (78,069 )
Gross profit   358     (8 )   358     375     23,007  
Expenses                              
     General & administration   4,396     7,573     13,618     15,686     129,299  
     Professional fees   3,187     2,632     3,187     2,632     92,377  
     Wages & salaries   -     -     -     2,792     58,215  
    (7,583 )   (10,205 )   (16,805 )   (21,110 )   (279,891 )
Net loss before income tax   (7,225 )   (10,213 )   (16,447 )   (20,735 )   (256,884 )
Income tax expense   -     -     -     -     1,335  
Net loss   (7,225 )   (10,213 )   (16,447 )   (20,735 )   (258,219 )
Other comprehensive income                              
     Foreign currency adjustment   4,026     3,231     12,231     7,470     23,876  
Comprehensive loss $  (3,199 ) $  (6,982 ) $  (4,216 ) $  (13,265 ) $  (234,343 )
Basic and diluted loss per stock $  (0.000 ) $  (0.000 ) $  (0.000 ) $  (0.001 )      
Weighted average number of shares outstanding   16,108,500     16,108,500     16,108,500     16,108,500      

The accompanying notes are an integral part of these condensed interim consolidated financial statements
Page 2

MJP International Ltd.
CONDENSED INTERIM CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
Stated in US Dollars
(A Development Stage Company)

                      Accumulated Other              
    Common Stock     Additional Paid     Comprehensive              
    Shares     Amount     in Capital     Income (Loss)     Deficit     Total  
Balance, July 19, 2010   12,000,000   $  1,200   $  (1,096 ) $  -   $  -   $  104  
Net loss for the year   -     -     -     -     (17,693 )   (17,693 )
Other comprehensive loss for the year   -     -     -     (684 )   -     (684 )
Balance, June 30, 2011   12,000,000   $  1,200   $  (1,096 ) $  (684 ) $  (17,693 ) $  (18,273 )
Net income for the year   -     -     -     -     2,863     2,863  
Other comprehensive income for the year   -     -     -     936     -     936  
Balance, June 30, 2012   12,000,000   $  1,200   $  (1,096 ) $  252   $  (14,830 ) $  (14,474 )
Recapitalization   150,000     15     (6,992 )   -     -     (6,977 )
Stock issued for private placement   3,958,500     396     120,283     -     -     120,679  
Net loss for the year   -     -     -     -     (87,533 )   (87,533 )
Other comprehensive loss for the year   -     -     -     (3,048 )   -     (3,048 )
Balance, June 30, 2013   16,108,500   $  1,611   $  112,195   $  (2,796 ) $  (102,363 ) $  8,647  
Net loss for the year   -     -     -     -     (91,205 )   (91,205 )
Other comprehensive loss for the year   -     -     -     (357 )   -     (357 )
Balance, June 30, 2014   16,108,500   $  1,611   $  112,195   $  (3,153 ) $  (193,568 ) $  (82,915 )
Net loss for the year   -     -     -     -     (48,204 )   (48,204 )
Other comprehensive income for the year   -     -     -     14,798     -     14,798  
Balance, June 30, 2015   16,108,500   $  1,611   $  112,195   $  11,645   $  (241,772 ) $  (116,321 )
Net loss for the period   -     -     -     -     (16,447 )   (16,447 )
Other comprehensive income for the period   -     -     -     12,231     -     12,231  
Balance, December 31, 2015   16,108,500   $  1,611   $  112,195   $  23,876   $  (258,219 ) $  (120,537 )

The accompanying notes are an integral part of these condensed interim consolidated financial statements
Page 3

MJP International Ltd.
CONDENSED INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS
Stated in US Dollars
(A Development Stage Company)
For the six months ended December 31, 2015 and 2014;
and the period from inception (July 19, 2010) to December 31, 2015
(Unaudited)

    Six months ended     Six months ended     Since July 19, 2010 to  
    December 31,     December 31,     December 31,  
    2015     2014     2015  
Operating activities                  
     Net loss for the period $  (16,447 ) $  (20,735 ) $  (258,219 )
     Changes in non-cash working capital:                  
           Trades receivable   -     -     -  
           Prepaid expenses   -     -     -  
           Inventory   -     -     -  
           Trade and other payables   (11,387 )   (6,664 )   9,255  
           Due to related parties   27,952     21,218     112,569  
     Net cash provided (used in) operating activities   118     (6,181 )   (136,395 )
Financing activities                  
     Cash from acquisition   -     -     382  
     Common stock issued   -     -     113,806  
     Net cash provided by financing activities   -     -     114,188  
Effect of exchange rate changes on cash   (66 )   7,470     22,876  
Net cash increase (decrease) for period   52     1,289     669  
Cash and cash equivalents, beginning of the period   617     967     -  
                   
Cash and cash equivalents, end of the period $  669   $  2,256   $  669  

The accompanying notes are an integral part of these condensed interim consolidated financial statements
Page 4

MJP INTERNATIONAL LTD.
NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
For the three and six months ended December 31, 2015 and 2014
(Unaudited)

NOTE 1 – NATURE AND CONTINUANCE OF OPERATIONS

MJP International Ltd. (“MJP” or the “Corporation”) was incorporated in the state of Nevada, United States on October 24, 2012. On December 10, 2012, the Corporation acquired MJP Lighting Solutions Ltd. (“MJP BVI”) and MJP BVI’s wholly owned subsidiary, MJP Holdings Ltd. (“MJP Alberta”) by issuing 12,000,000 common stock in exchange for 100 percent of the outstanding common stock of MJP BVI (the “Transaction”). Although the Corporation was the legal acquirer, the transaction was accounted for as a recapitalization of MJP BVI in the form of a reverse merger, whereby MJP BVI becomes the accounting acquirer and was deemed to have retroactively adopted the capital structure of the Corporation. Accordingly, the accompanying consolidated financial statements reflect the historical consolidated financial statements of MJP BVI for all periods presented, and do not include the historical financial statements of the Corporation. All costs associated with the reverse merger transaction were expensed as incurred.

MJP BVI, a British Virgin Islands company, with its main office located in Hong Kong, was incorporated on October 31, 2012. MJP Alberta was incorporated on July 19, 2010 under the laws of the province of Alberta, Canada. MJP BVI, operating through MJP Alberta, specializes in the sale and distribution of LED lighting and technology solutions and is focused on the North American market. MJP Alberta has set up an agency in Guangzhou, China in search of high quality products offered by reputable manufacturers to be introduced to Canada.

Going Concern

These condensed interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Corporation and its subsidiaries will be able to meet its obligations and continue its operations for next fiscal year. Realizable values may be substantially different from carrying values as shown and these condensed interim consolidated financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Corporation be unable to continue as a going concern. At December 31, 2015, the Corporation had not yet achieved profitable operations and has accumulated losses of $258,219 since its inception. The Corporation expects to incur further losses in the development of its business, all of which casts substantial doubt about the Corporation’s ability to continue as a going concern. The Corporation’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations 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 anticipates that additional funding will be in the form of equity financing from the sale of common stock. Management may also seek to obtain short-term loans from the directors of the Corporation. There are no current arrangements in place for equity funding or short-term loans.

F-1

MJP INTERNATIONAL LTD.
NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
For the three and six months ended December 31, 2015 and 2014
(Unaudited)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to assist in understanding the condensed interim consolidated financial statements. The condensed interim consolidated financial statements and notes are the representations of the Corporation’s management, who is responsible for their integrity and objectivity. The condensed interim consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q, and therefore do not include all the information necessary for a fair presentation of financial position, results of operations and cash flows in conformity with generally accepted accounting principles. These condensed interim consolidated financial statements should be read in conjunction with the annual consolidated financial statements and footnotes thereto included in the Corporation’s filed Form 10-K for the year ended June 30, 2015.

Basis of Presentation

The Corporation’s condensed interim consolidated financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These condensed interim consolidated financial statements include the Corporation’s wholly owned subsidiaries MJP Lighting Solutions Ltd. and MJP Holdings Ltd. and 100 percent of their assets, liabilities and net income or loss. All inter-company accounts and transactions have been eliminated.

While the information presented in the accompanying condensed interim three and six months consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operation and cash flows for the interim periods presented. All adjustments are of a normal recurring nature. Operating results for the period ended December 31, 2015 are not necessarily indicative of the results that can be expected for the year ended June 30, 2016.

Recent Accounting Pronouncements

The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any recently issued, but not yet effective accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

In March 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-05 Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity (ASC 2013-05). ASC 2013-05 requires that when a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity, the parent is required to apply the guidance in Subtopic 830-30 to release any related cumulative translation adjustment into net income. Accordingly, the cumulative translation adjustment should be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The Corporation has determined that the adaptation of this guidance has no material impact to its consolidated financial statements.

F-2

MJP INTERNATIONAL LTD.
NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
For the three and six months ended December 31, 2015 and 2014
(Unaudited)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT.)

In February 2015, the FASB issued ASU No. 2015-2, “Consolidation (Topic 820): Amendments to the Consolidation Analysis.” ASU 2015-2 provides a revised consolidation model for all reporting entities to use in evaluating whether they should consolidate certain legal entities. All legal entities will be subject to reevaluation under this revised consolidation model. The revised consolidation model, among other things, (i) modifies the evaluation of whether limited partnerships and similar legal entitiesare VIEs or voting interest entities, (ii) eliminates the presumption that a general partner should consolidate a limited partnership, and (iii) modifies the consolidation analysis of reporting entities that are involved with VIEs through fee arrangements and related party relationships. ASU 2015-2 is effective for fiscal years, and interim reporting periods within those fiscal years, beginning after December 15, 2015. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued ASU No. 2015-03, Interest -Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts and the accounting for debt issue costs under IFRS. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. ASU 2015-03 is effective for the annual period ending after December 15, 2015, and interim periods within those fiscal years. Early adoption of the amendments in this Update is permitted for financial statements that have not been previously issued. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In August 2014, the FASB issued amended standards No. 2014-15, Presentation of Financial Statements - Going Concern (''ASU 2014-15"), to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures requirement. The amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation for each annual and interim reporting period, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position.

In July 2015, the FASB issued No. 2015-11, Inventory - Simplifying the Measurement of Inventory ("ASU 2015-11"). ASU 2015-11 is additional guidance regarding the subsequent measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. This guidance is effective for fiscal years and interim periods beginning after December 15, 2016. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

F-3

MJP INTERNATIONAL LTD.
NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
For the three and six months ended December 31, 2015 and 2014
(Unaudited)

NOTE 3 – DUE TO RELATED PARTIES

As at December 31, 2015, the Corporation was obligated to shareholders for funds advanced to the Corporation for working capital. The advances are unsecured, non-interest bearing and no payback schedule has been established.

NOTE 4 – CAPITAL STOCK

As at December 31, 2015, there were no warrants or options outstanding (2014 - nil).

F-4


Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

FORWARD-LOOKING STATEMENTS

This quarterly report on Form 10-Q contains forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report.

In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States dollars. All references “common shares” refer to the common shares in our capital stock.

As used in this quarterly report, the terms “we”, “us”, “our” and “our company”, mean MJP International Ltd. and our wholly owned subsidiaries, MJP Lightings Solutions Ltd., a British Virgin Islands corporation and MJP Holdings Ltd., an Alberta, Canada corporation.

General Overview

Our company was incorporated in the State of Nevada on October 24, 2012. We are a development stage company; having entered into the development stage on October 24, 2012. Founded in Calgary, Canada, we aim to capitalize on new opportunities found in the North American market for light-emitting diode (“LED”) lighting. With China as the manufacturing backbone of future LED products, we have set up office in Guangzhou, China in search of high quality products offered by reputable manufacturers to be introduced to Canada, the United States, and abroad. Our president, chief executive officer and director, Chris Tong Tang spends more than 50% of his time in the Southern China region, including Guangzhou and Hong Kong. While there, he operates from our Guangzhou office. In addition to seeing suppliers and sourcing and inspecting products at factories, he is also actively seeking to develop a market for our products in that region.

Our executive offices are located at Suite 2806, 505 - 6th Street SW, Calgary, Alberta, Canada T2P 1X5. Our telephone number is (403) 237 – 8330.

Current Business

On December 10, 2012, we entered into a share exchange agreement with MJP Lighting Solutions Ltd. and the shareholders of MJP Lighting Solutions pursuant to which we acquired MJP Lighting Solutions and MJP Holdings Ltd., as our wholly owned subsidiaries. As a result of the acquisition, we issued 12,000,000 shares of common stock in exchange for 100% of the outstanding common shares of MJP Lighting Solutions and MJP Holdings.

MJP Lighting Solutions, a British Virgin Islands company, with its main office located in Hong Kong, was incorporated in October 31, 2012. MJP Lighting Solutions operated through its then wholly owned subsidiary, MJP Holdings, of Alberta, Canada. MJP Holdings was incorporated on July 19, 2010 under the laws of the province of Alberta, Canada. MJP Holdings specializes in the sale and distribution of LED lighting and technology solutions.

4

On January 1, 2012 we received a letter of authorization from Gysun Opto-Electronic Co. Ltd. pursuant to which we were designated as an authorized dealer in Canada for all LED products produced by Gysun Opto-Electronic. The letter of authorization entitles us to market and distribute products of Gysun Opto-Electronic in Canada. All purchase orders made by us are negotiated and determined on a case by case basis. The letter of authorization has no fixed term and is valid until revoked.

Products and Services

Light-Emitting Diodes (LEDs)

Light-emitting diode, commonly known as LED, is a solid-state semiconductor technology that is rapidly gaining momentum in the lighting industry. Early market for LEDs was driven by specific niche markets, mainly backlighting, that optimized on the products’ coloured light and small package size. From backlighting, the product slowly made inroads into the automotive industry. Today, the focus of the industry has largely been shifted towards general lighting. LED applications are evolving quickly into viable sources for general illumination as they promise many benefits over conventional lighting. Within the past few years, LED technology has improved significantly with respect to brightness, energy efficiency, and colour quality and consistency. Branded as a disruptive technology, LED has played a tremendous role in revolutionizing the lighting industry. LEDs have the following attributes:

•

Efficiency. LEDs have exceptionally high theoretical energy efficiency. They can produce much higher lumen per watt than conventional technologies, thus providing energy savings up to 50 to 70%.

•

Lifespan. The materials used in making LEDs are inherently stable. High quality LEDs may last for 50,000 to 100,000 hours or more. Unlike conventional lighting technologies, lifespan of an LED is unaffected by rapid cycling, its lifespan actually increases when the average current flowing through it is reduced.

•

Controllability. LEDs have superior control over light colour, intensity, and direction. Newer white LEDs bring the potential to illuminate public spaces, homes and offices with light that mimics daylight. The controllability of LED- generated light enables intelligent light systems, making them better suited to smart controls than any previous light technology.

•

Durability. LEDs are extremely durable; and are resistant to vibration, mechanical stress, and extreme weather conditions whereby conventional lighting solutions are at a disadvantage.

•

Environmentally Friendly. LEDs do not contain toxic materials such as mercury, a necessary component of fluorescent bulbs.

Today’s LEDs boast many benefits over conventional technologies. In addition to the many objective advantages mentioned above, they also provide social benefits that play an important role in enhancing human emotions, motivation, abilities, health, and perception of public safety.

MJP International’s LED Products

Through our Canadian subsidiary, MJP Holdings, we currently sell LED products in Canada primarily to retail clients (end users) or through agents. To date, the majority of our products sold in Canada have been sold through two independent agents, ECCOS Lifestyle Ltd. and PSL Enterprises Ltd., both of Calgary, Alberta. In June, 2013, through our wholly owned British Virgin Island subsidiary, MJP Lighting Solutions, we made a sale to an end user in Hong Kong. Our company has established relationships with and has purchased most of our products from two suppliers in Southern China, Gysun Opto-Electronic Co. Ltd. and Odin Optoelectronics Technology Co., Limited. To date, our sales have consisted primarily of LED tube lights, LED PAR (parabolic aluminized reflector) lamps for spot lights, and LED down lights. These products are certified for sale in North America with UL® (Underwriters Laboratories) or CSA® (Canadian Standards Association). All of these products have numerous applications in both commercial and residential structures and offer a number of benefits over both incandescent and fluorescent lighting products.

5

PAR Series

The LED PAR Series bulb is a replacement bulb for traditional PAR 30/38 lamps, where typically halogen bulbs are used. Diameter and length are identical to traditional lighting products; however, the mid-section is wider to allow necessary thermal management. Normally this difference is accommodated by the standard fixtures. The LED bulb is available with either a spot or wide beam lens and can be used in recessed, track and pendant lighting. Traditionally, the PAR light series has two product alternatives: halogen lamps and compact fluorescent lamps (CFLs). LED PAR Series are superior in many ways over these two product alternatives. Both the halogen and CFL bulbs operate at higher wattages resulting in higher yearly power consumption and heat emissions. Furthermore, halogen and CFL lighting products are also deficient in luminosity (light intensity) and longevity.

Down Light

The LED Down Light series is a complete lighting fixture with bulb and installation housing. The model has three variations: recessed, narrow spot, and wide beam; allowing for a wide range of applications. The LED Down Light series’ lack of heat output and spot capabilities make this product ideal for display lighting. However the fixtures can also be used in any commercial office space or residential dwelling.

The Down Light series bulb is superior in many ways over the halogen and CFL lighting products. However, a feature that truly sets the LED Down Light product apart from its alternatives is that the bulb is available in both a wide and narrow beam model; allowing the product a greater amount of versatility over alternative lighting products.

Tube Series

The LED Tube series products are designed to replace fluorescent lamps and fit into existing light fixtures. The new LED lighting products are easy to install and require only some minor wiring adjustments, which includes removing the now obsolete ballasts. As well, the LED Tube series pins can be configured for horizontal or vertical lighting and are available in either clear or frosted lenses.

The LED Tube series contains many advantages over traditional fluorescent tube lighting. Overall product performance is far superior; they are capable of starting at much colder temperatures, and do not flicker or hum like traditional fluorescent tubes tend to do. Quality of light is also much better, and both wattage and yearly power consumption is much lower. LED Tube series products also do not require a ballast like traditional fluorescent tubes do, and last significantly longer resulting in a substantial decrease in installation and maintenance costs.

Results of Operations

Operating Expenses

Our operating expenses for the three month periods ended December 31, 2015 and 2014 are outlined in the table below:

    Three     Three     Six     Six  
    Months     Months     Months     Months  
    Ended     Ended     Ended     Ended  
    December 31,     December 31,     December 31,     December 31,  
    2015     2014     2015     2014  
Revenues $  1,792   $  944   $  1,792   $  2,959  
Cost of goods sold $  (1,434 ) $  (952 ) $  (1,434 ) $  (2,584 )
Operating Expenses $  (7,583 ) $  (10,205 ) $  (16,805 ) $  (21,110 )
Net Loss $  (7,225 ) $  (10,213 ) $  (16,447 ) $  (20,735 )

6

Revenues

We earned revenues of $1,792 for the three month period ended December 31, 2015 compared to $944 for the three month period ended December 31, 2014 for an increase of approximately 89%. The increase in revenues for the three month period ended December 31, 2015 is primarily due to due to our strong marketing effort during the quarter. Our gross profit for three month period ended December 31, 2015 was $358 compared to a loss of $8 for the three month period ended December 31, 2014 for an increase of $464 due to a higher gross profit margin.

We earned revenues of $1,792 for the six month period ended December 31, 2015 compared to $2,959 for the six month period ended December 31, 2014 for a decrease of approximately 39.5% . The decrease in sales for the six month period ended December 31, 2015 is primarily due to increases in competition as more and more sellers have entered our market during the past few years. Our gross profit for six month period ended December 31, 2015 was $358 compared to $375 for the six month period ended December 31, 2014 for a decrease of approximately 4.6% due to lower revenues.

Operating Expenses

Our consolidated expenses for the three and six month periods ended December 31, 2015 and 2014:

    Three Months     Three Months     Six Months     Six Months  
    Ended     Ended     Ended     Ended  
    December 31,     December 31,     December 31,     December 31,  
    2015     2014     2015     2014  
General and administrative expenses $  4,396   $  7,535   $  13,618   $  15,686  
Professional fees $  3,187   $  2,632   $  3,187   $  2,632  
Salaries and wages $  Nil   $  Nil   $  Nil   $  2,792  
Total Expenses $  7,583   $  10,205   $  16,805   $  21,110  

Our general and administrative expenses include rent, telephone and internet services, banking changes and miscellaneous office supply costs. Our professional fees include legal and accounting fees. The decrease in expenses for the three month period ended December 31, 2015 is primarily due to a decrease of general and administrative expenses.

The decrease in expenses for the six month period ended December 31, 2015 is primarily due to decreases in general and administrative expenses and in salaries and wages.

Earnings after Taxes

The net loss for the three month period ended December 31, 2015 was $7,225 compared to a net loss of $10,213 during the three month period ended December 31, 2014. The loss for the three month period ended December 31, 2015 is primarily due to operating expenses.

The net loss for the six month period ended December 31, 2015 was $16,447 compared to a net loss of $20,735 during the six month period ended December 31, 2014. The loss for the six month period ended December 31, 2015 is primarily due to operating expenses.

7

Liquidity and Capital Resources

    At     At  
    December 31,     June 30  
    2015     2015  
Current Assets $  669   $  617  
Current Liabilities $  121,206   $  116,938  
Working Capital (Deficit) $  (120,537 ) $  (116,321 )

As at December 31, 2015, we were obligated to related parties, including Chris Tong Tang, our president, chief executive officer and director and a number of shareholders, for $112,569 (June 30, 2015 $95,284) in funds advanced to us for working capital. The advances are unsecured, non-interest bearing and no payback schedule has been established.

At December 31, 2015, our company had a cash balance and total assets of $669 compared with a cash balance and total assets of $617 as at June 30, 2015.

As at December 31, 2015, our company had total liabilities of $121,206 compared with $116,938 as at June 30, 2015. The nominal increase of $4,268 was attributed to an increase in loans from a related party.

As at December 31, 2015, our company had a working capital deficit of $120,537 compared with a working capital deficit of $116,321 as at June 30, 2015.

    Six Months     Six Months  
    Ended     Ended  
    December 31,     December 31,  
    2015     2014  
Net Cash Provided by (Used in) Operating Activities $  118   $  (61,181 )
Net Cash Provided by Financing Activities $  Nil   $  Nil  
Net Cash Provided by (Used In) Investing Activities $  Nil   $  Nil  
Effect of Exchange Rate Changes on Cash $  (66 ) $  7,470  
Net Increase (Decrease) In Cash During The Period $  52   $  1,289  

Cash Flow from Operating Activities

During the six months ended December 31, 2015, our company was provided $118 of cash from operating activities compared with $61,181 used during the six months ended December 31, 2014. The decrease in the use of cash for operating activities was primarily due to a decrease in net loss for the period and an increase in amounts due to related parties.

Cash Flow from Financing Activities

During the six months ended December 31, 215 and 2014, our company did not receive any cash for financing activities. There were no financing activities during the last six month period.

Cash Flow from Investing Activities

We have not engaged in any investing activities since inception.

8

Going Concern

We incurred a net loss of $258,219 since inception (July 19, 2010) to December 31, 2015. We have commenced limited operations, raising substantial doubt about our ability to continue as a going concern. We will seek additional sources of capital through the issuance of debt or equity financing, but there can be no assurance that we will be successful in accomplishing our objectives.

Our ability to continue as a going concern is dependent on additional sources of capital and the success of our plan. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from the outcome of this uncertainty.

Off-Balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our stockholders.

Estimated Expenses

Our expenses for the twelve month period beginning from January 1, 2016 are estimated to be approximately $70,000. With our working capital deficit of $120,537 as at December 31, 2015, we will need to raise additional capital to cover our expenses for this twelve month period beginning from January 1, 2016. We plan to raise additional funding either from new share issuance or from loans from shareholders.

Estimated Expenses For the Twelve Month Period Beginning January 1, 2016  
General, Administrative, and Corporate Expenses $  60,000  
Other Operating Expenses $  10,000  
Total $  70,000  

At present, our cash requirements for the next 12 months (beginning January 1, 2016) outweigh the funds available to maintain or develop our business. Of the $70,000 that we require for the next 12 months, we have $669 in cash as of December 31, 2015 and a working capital deficit of $120,537. In order to improve our liquidity, we plan to pursue additional equity financing from private investors or possibly a registered public offering. We do not currently have any definitive arrangements in place for the completion of any further private placement financings and there is no assurance that we will be successful in completing any further private placement financings. If we are unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our business activities and administrative expenses in order to be within the amount of capital resources that are available to us.

We have not investigated the availability of commercial loans or other debt financing to supplement or meet our cash requirements. In the uncertain event that any such debt financing alternatives were available to us on acceptable terms, they would increase our liabilities and future cash commitments.

If we are able to raise the required funds to fully implement our business plan, we plan to implement the business actions in the order provided below. If we are not able to raise all required funds, we will prioritize our corporate activities as chronologically as follows:

January 1, 2016 to December 31, 2016:

  • Maintain company’s filing requirements.
  • Market our services to our various contacts.
  • Carry out marketing activities.
  • Seeking partnership or strategic relationship with other distribution companies.

9

Future Financings

We will continue to rely on equity sales of our common shares and funding from directors and shareholders in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.

Critical Accounting Policies

The summary of significant accounting policies is presented to assist in understanding the interim consolidated financial statements. The interim consolidated financial statements and notes are the representations of our company’s management, who is responsible for their integrity and objectivity. The interim consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q, and therefore do not include all the information necessary for a fair presentation of financial position, results of operations and cash flows in conformity with generally accepted accounting principles. The interim consolidated financial statements, included herein, should be read in conjunction with the annual consolidated financial statements and footnotes thereto included in our company’s filed Form 10-K.

Basis of Presentation

Our company’s interim consolidated financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These interim consolidated financial statements include our company’s wholly owned subsidiaries MJP Lighting Solutions Ltd. and MJP Holdings Ltd. and 100% of their assets, liabilities and net income or loss. All inter-company accounts and transactions have been eliminated.

While the information presented in the accompanying interim three months consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operation and cash flows for the interim periods presented. All adjustments are of a normal recurring nature. Operating results for the period ended December 31, 2015 are not necessarily indicative of the results that can be expected for the year ended June 30, 2016.

Recent Accounting Pronouncements

In March 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-05 Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity (ASC 2013-05). ASC 2013-05 requires that when a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity, the parent is required to apply the guidance in Subtopic 830-30 to release any related cumulative translation adjustment into net income. Accordingly, the cumulative translation adjustment should be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The Corporation has determined that the adaptation of this guidance has no material impact to its consolidated financial statements.

10

In February 2015, the FASB issued ASU No. 2015-2, “Consolidation (Topic 820): Amendments to the Consolidation Analysis.” ASU 2015-2 provides a revised consolidation model for all reporting entities to use in evaluating whether they should consolidate certain legal entities. All legal entities will be subject to reevaluation under this revised consolidation model. The revised consolidation model, among other things, (i) modifies the evaluation of whether limited partnerships and similar legal entitiesare VIEs or voting interest entities, (ii) eliminates the presumption that a general partner should consolidate a limited partnership, and (iii) modifies the consolidation analysis of reporting entities that are involved with VIEs through fee arrangements and related party relationships. ASU 2015-2 is effective for fiscal years, and interim reporting periods within those fiscal years, beginning after December 15, 2015. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued ASU No. 2015-03, Interest -Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts and the accounting for debt issue costs under IFRS. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. ASU 2015-03 is effective for the annual period ending after December 15, 2015, and interim periods within those fiscal years. Early adoption of the amendments in this Update is permitted for financial statements that have not been previously issued. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In August 2014, the FASB issued amended standards No. 2014-15, Presentation of Financial Statements - Going Concern (''ASU 2014-15"), to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures requirement. The amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation for each annual and interim reporting period, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position.

In July 2015, the FASB issued No. 2015-11, Inventory - Simplifying the Measurement of Inventory ("ASU 2015-11"). ASU 2015-11 is additional guidance regarding the subsequent measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. This guidance is effective for fiscal years and interim periods beginning after December 15, 2016. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

As a “smaller reporting company”, we are not required to provide the information required by this Item.

11


Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer, principal financial officer and principal accounting officer) to allow for timely decisions regarding required disclosure. In designing and evaluating our disclosure controls and procedures, our management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and our management is required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

As of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our president (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president (our principal executive officer, principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.

Changes in Internal Control

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

As a “smaller reporting company” we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

12


Item 5. Other Information

None.

Item 6. Exhibits

Exhibit Description
Number  
(3) Articles of Incorporation and Bylaws
3.1 Articles of Incorporation (incorporated by reference to our Registration Statement on Form S-1 filed on April 26, 2013).
3.2 Bylaws (incorporated by reference to our Registration Statement on Form S-1 filed on April 26, 2013).
(10) Material Contracts
10.1 Letter of Authorization with Gysun Opto-Electronic Co. Ltd. (incorporated by reference to our Registration Statement on Form S-1 filed on April 26, 2013).
(21) Subsidiaries of Registrant
21.1 MJP Lightings Solutions Ltd. a British Virgin Islands corporation (wholly owned)
MJP Holdings Ltd., an Alberta, Canada corporation (wholly owned)
(incorporated by reference to our Registration Statement on Form S-1/A filed on July 24, 2013)
(31) Rule 13a-14(a)/15d-14(a) Certification
31.1* Section 302 Certification under Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
(32) Section 1350 Certifications
32.1* Section 906 Certification under Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
101* Interactive Data Files
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

*     Filed herewith.

13

SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

MJP INTERNATIONAL LTD.
(Registrant)

Dated: February 16, 2016 By: /s/ Chris Tong Tang
    Chris Tong Tang
    President, Chief Executive Officer and Director
    (Principal Executive Officer, Principal Financial
    Officer and Principal Accounting Officer)

14



EXHIBIT 31.1

CERTIFICATION PURSUANT TO
18 U.S.C. ss 1350, AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Chris Tong Tang, certify that:

1.

I have reviewed this quarterly report on Form 10-Q of MJP International Ltd.;

   
2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

   
3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

   
4.

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:


  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

     
  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

     
  (c)

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

     
  (d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and


5.

The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

     
(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

     
(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: February 16, 2016

/s/ Chris Tong Tang   
Chris Tong Tang
President, Chief Executive Officer and Director
(Principal Executive Officer, Principal Financial
Officer and Principal Accounting Officer)



EXHIBIT 32.1

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Chris Tong Tang, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)

the Quarterly Report on Form 10-Q of MJP International Ltd. for the period ended December 31, 2015 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

   
(2)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of MJP International Ltd.


Dated: February 16, 2016 /s/ Chris Tong Tang
  Chris Tong Tang
  President, Chief Executive Officer and Director
  (Principal Executive Officer, Principal Financial Officer and
  Principal Accounting Officer)
  MJP International Ltd.

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to MJP International Ltd. and will be retained by MJP International Ltd. and furnished to the Securities and Exchange Commission or its staff upon request.



v3.3.1.900
Document and Entity Information - shares
 6 Months Ended
Dec. 31, 2015
Feb. 01, 2016
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Dec. 31, 2015  
Trading Symbol mjpi  
Entity Registrant Name MJP INTERNATIONAL LTD.  
Entity Central Index Key 0001575420  
Current Fiscal Year End Date --06-30  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   16,108,500
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Well Known Seasoned Issuer No  
Document Fiscal Year Focus 2016  
Document Fiscal Period Focus Q2  


v3.3.1.900
CONDENSED INTERIM CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Jun. 30, 2015
Current    
Cash and cash equivalents $ 669 $ 617
Total Assets 669 617
Current    
Trades and other payables 8,637 21,654
Due to related parties 112,569 95,284
Total Liabilities 121,206 116,938
STOCKHOLDERS' DEFICIENCY    
Capital Stock Authorized 100,000,000 common stock, voting, par value $0.0001 each 90,000,000 preferred stock, non-voting, par value $0.0001 each Issued 16,108,500 (June 30, 2015 - 16,108,500) common stock 1,611 1,611
Additional paid in capital 112,195 112,195
Deficit accumulated during the development stage (258,219) (241,772)
Accumulated other comprehensive income 23,876 11,645
Total Stockholders' Deficiency (120,537) (116,321)
Total Liabilities and Stockholders' Deficiency $ 669 $ 617


v3.3.1.900
CONDENSED INTERIM CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Dec. 31, 2015
Jun. 30, 2015
Common Stock, Shares Authorized 100,000,000 100,000,000
Common Stock, Par Value Per Share $ 0.0001 $ 0.0001
Preferred Stock, Shares Authorized 90,000,000 90,000,000
Preferred Stock, Par Value Per Share $ 0.0001 $ 0.0001
Common Stock, Shares, Issued 16,108,500 16,108,500


v3.3.1.900
CONDENSED INTERIM CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
 3 Months Ended 6 Months Ended 65 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Revenue $ 1,792 $ 944 $ 1,792 $ 2,959 $ 101,076
Cost of goods sold (1,434) (952) (1,434) (2,584) (78,069)
Gross profit 358 (8) 358 375 23,007
Expenses          
General & administration 4,396 7,573 13,618 15,686 129,299
Professional fees 3,187 2,632 3,187 2,632 92,377
Wages & salaries 0 0 0 2,792 58,215
Total Expenses (7,583) (10,205) (16,805) (21,110) (279,891)
Net loss before income tax (7,225) (10,213) (16,447) (20,735) (256,884)
Income tax expense 0 0 0 0 1,335
Net loss (7,225) (10,213) (16,447) (20,735) (258,219)
Other comprehensive income          
Foreign currency adjustment 4,026 3,231 12,231 7,470 23,876
Comprehensive loss $ (3,199) $ (6,982) $ (4,216) $ (13,265) $ (234,343)
Basic and diluted loss per stock $ 0.000 $ 0.000 $ 0.000 $ (0.001)  
Weighted average number of shares outstanding 16,108,500 16,108,500 16,108,500 16,108,500


v3.3.1.900
CONDENSED INTERIM CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY - USD ($)
Common Stock [Member]
Additional Paid in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Deficit [Member]
Total
Beginning Balance at Jul. 18, 2010 $ 1,200 $ (1,096)     $ 104
Beginning Balance (Shares) at Jul. 18, 2010 12,000,000        
Net loss for the period       $ (17,693) (17,693)
Other comprehensive income for the period     $ (684)   (684)
Ending Balance at Jun. 30, 2011 $ 1,200 (1,096) (684) (17,693) (18,273)
Ending Balance (Shares) at Jun. 30, 2011 12,000,000        
Beginning Balance at Jul. 18, 2010 $ 1,200 (1,096)     104
Beginning Balance (Shares) at Jul. 18, 2010 12,000,000        
Net loss for the period         (258,219)
Ending Balance at Dec. 31, 2015 $ 1,611 112,195 23,876 (258,219) (120,537)
Ending Balance (Shares) at Dec. 31, 2015 16,108,500        
Beginning Balance at Jun. 30, 2011 $ 1,200 (1,096) (684) (17,693) (18,273)
Beginning Balance (Shares) at Jun. 30, 2011 12,000,000        
Net loss for the period       2,863 2,863
Other comprehensive income for the period     936   936
Ending Balance at Jun. 30, 2012 $ 1,200 (1,096) 252 (14,830) (14,474)
Ending Balance (Shares) at Jun. 30, 2012 12,000,000        
Recapitalization $ 15 (6,992)     (6,977)
Recapitalization (Shares) 150,000        
Stock issued for private placement $ 396 120,283     120,679
Stock issued for private placement (Shares) 3,958,500        
Net loss for the period       (87,533) (87,533)
Other comprehensive income for the period     (3,048)   (3,048)
Ending Balance at Jun. 30, 2013 $ 1,611 112,195 (2,796) (102,363) 8,647
Ending Balance (Shares) at Jun. 30, 2013 16,108,500        
Net loss for the period       (91,205) (91,205)
Other comprehensive income for the period     (357)   (357)
Ending Balance at Jun. 30, 2014 $ 1,611 112,195 (3,153) (193,568) (82,915)
Ending Balance (Shares) at Jun. 30, 2014 16,108,500        
Net loss for the period       (48,204) (48,204)
Other comprehensive income for the period     14,798   14,798
Ending Balance at Jun. 30, 2015 $ 1,611 112,195 11,645 (241,772) (116,321)
Ending Balance (Shares) at Jun. 30, 2015 16,108,500        
Net loss for the period       (16,447) (16,447)
Other comprehensive income for the period     12,231   12,231
Ending Balance at Dec. 31, 2015 $ 1,611 $ 112,195 $ 23,876 $ (258,219) $ (120,537)
Ending Balance (Shares) at Dec. 31, 2015 16,108,500        


v3.3.1.900
CONDENSED INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
 6 Months Ended 65 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Operating activities      
Net loss for the period $ (16,447) $ (20,735) $ (258,219)
Changes in non-cash working capital:      
Trades receivable 0 0 0
Prepaid expenses 0 0 0
Inventory 0 0 0
Trade and other payables (11,387) (6,664) 9,255
Due to related parties 27,952 21,218 112,569
Net cash provided (used in) operating activities 118 (6,181) (136,395)
Financing activities      
Cash from acquisition 0 0 382
Common stock issued 0 0 113,806
Net cash provided by financing activities 0 0 114,188
Effect of exchange rate changes on cash (66) 7,470 22,876
Net cash increase (decrease) for period 52 1,289 669
Cash and cash equivalents, beginning of the period 617 967 0
Cash and cash equivalents, end of the period $ 669 $ 2,256 $ 669


v3.3.1.900
NATURE AND CONTINUANCE OF OPERATIONS
 6 Months Ended
Dec. 31, 2015
NATURE AND CONTINUANCE OF OPERATIONS [Text Block]

NOTE 1 – NATURE AND CONTINUANCE OF OPERATIONS

MJP International Ltd. (“MJP” or the “Corporation”) was incorporated in the state of Nevada, United States on October 24, 2012. On December 10, 2012, the Corporation acquired MJP Lighting Solutions Ltd. (“MJP BVI”) and MJP BVI’s wholly owned subsidiary, MJP Holdings Ltd. (“MJP Alberta”) by issuing 12,000,000 common stock in exchange for 100 percent of the outstanding common stock of MJP BVI (the “Transaction”). Although the Corporation was the legal acquirer, the transaction was accounted for as a recapitalization of MJP BVI in the form of a reverse merger, whereby MJP BVI becomes the accounting acquirer and was deemed to have retroactively adopted the capital structure of the Corporation. Accordingly, the accompanying consolidated financial statements reflect the historical consolidated financial statements of MJP BVI for all periods presented, and do not include the historical financial statements of the Corporation. All costs associated with the reverse merger transaction were expensed as incurred.

MJP BVI, a British Virgin Islands company, with its main office located in Hong Kong, was incorporated on October 31, 2012. MJP Alberta was incorporated on July 19, 2010 under the laws of the province of Alberta, Canada. MJP BVI, operating through MJP Alberta, specializes in the sale and distribution of LED lighting and technology solutions and is focused on the North American market. MJP Alberta has set up an agency in Guangzhou, China in search of high quality products offered by reputable manufacturers to be introduced to Canada.

Going Concern

These condensed interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Corporation and its subsidiaries will be able to meet its obligations and continue its operations for next fiscal year. Realizable values may be substantially different from carrying values as shown and these condensed interim consolidated financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Corporation be unable to continue as a going concern. At December 31, 2015, the Corporation had not yet achieved profitable operations and has accumulated losses of $258,219 since its inception. The Corporation expects to incur further losses in the development of its business, all of which casts substantial doubt about the Corporation’s ability to continue as a going concern. The Corporation’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations 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 anticipates that additional funding will be in the form of equity financing from the sale of common stock. Management may also seek to obtain short-term loans from the directors of the Corporation. There are no current arrangements in place for equity funding or short-term loans.



v3.3.1.900
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 6 Months Ended
Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to assist in understanding the condensed interim consolidated financial statements. The condensed interim consolidated financial statements and notes are the representations of the Corporation’s management, who is responsible for their integrity and objectivity. The condensed interim consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q, and therefore do not include all the information necessary for a fair presentation of financial position, results of operations and cash flows in conformity with generally accepted accounting principles. These condensed interim consolidated financial statements should be read in conjunction with the annual consolidated financial statements and footnotes thereto included in the Corporation’s filed Form 10-K for the year ended June 30, 2015.

Basis of Presentation

The Corporation’s condensed interim consolidated financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These condensed interim consolidated financial statements include the Corporation’s wholly owned subsidiaries MJP Lighting Solutions Ltd. and MJP Holdings Ltd. and 100 percent of their assets, liabilities and net income or loss. All inter-company accounts and transactions have been eliminated.

While the information presented in the accompanying condensed interim three and six months consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operation and cash flows for the interim periods presented. All adjustments are of a normal recurring nature. Operating results for the period ended December 31, 2015 are not necessarily indicative of the results that can be expected for the year ended June 30, 2016.

Recent Accounting Pronouncements

The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any recently issued, but not yet effective accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

In March 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-05 Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity (ASC 2013-05). ASC 2013-05 requires that when a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity, the parent is required to apply the guidance in Subtopic 830-30 to release any related cumulative translation adjustment into net income. Accordingly, the cumulative translation adjustment should be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The Corporation has determined that the adaptation of this guidance has no material impact to its consolidated financial statements.

In February 2015, the FASB issued ASU No. 2015-2, “Consolidation (Topic 820): Amendments to the Consolidation Analysis.” ASU 2015-2 provides a revised consolidation model for all reporting entities to use in evaluating whether they should consolidate certain legal entities. All legal entities will be subject to reevaluation under this revised consolidation model. The revised consolidation model, among other things, (i) modifies the evaluation of whether limited partnerships and similar legal entitiesare VIEs or voting interest entities, (ii) eliminates the presumption that a general partner should consolidate a limited partnership, and (iii) modifies the consolidation analysis of reporting entities that are involved with VIEs through fee arrangements and related party relationships. ASU 2015-2 is effective for fiscal years, and interim reporting periods within those fiscal years, beginning after December 15, 2015. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued ASU No. 2015-03, Interest -Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts and the accounting for debt issue costs under IFRS. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. ASU 2015-03 is effective for the annual period ending after December 15, 2015, and interim periods within those fiscal years. Early adoption of the amendments in this Update is permitted for financial statements that have not been previously issued. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In August 2014, the FASB issued amended standards No. 2014-15, Presentation of Financial Statements - Going Concern (''ASU 2014-15"), to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures requirement. The amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation for each annual and interim reporting period, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position.

In July 2015, the FASB issued No. 2015-11, Inventory - Simplifying the Measurement of Inventory ("ASU 2015-11"). ASU 2015-11 is additional guidance regarding the subsequent measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. This guidance is effective for fiscal years and interim periods beginning after December 15, 2016. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.



v3.3.1.900
DUE TO RELATED PARTIES
 6 Months Ended
Dec. 31, 2015
DUE TO RELATED PARTIES [Text Block]

NOTE 3 – DUE TO RELATED PARTIES

As at December 31, 2015, the Corporation was obligated to shareholders for funds advanced to the Corporation for working capital. The advances are unsecured, non-interest bearing and no payback schedule has been established.


v3.3.1.900
CAPITAL STOCK
 6 Months Ended
Dec. 31, 2015
CAPITAL STOCK [Text Block]

NOTE 4 – CAPITAL STOCK

As at December 31, 2015, there were no warrants or options outstanding (2014 - nil).


v3.3.1.900
Summary of Significant Accounting Policies (Policies)
 6 Months Ended
Dec. 31, 2015
Basis of Presentation [Policy Text Block]

Basis of Presentation

The Corporation’s condensed interim consolidated financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These condensed interim consolidated financial statements include the Corporation’s wholly owned subsidiaries MJP Lighting Solutions Ltd. and MJP Holdings Ltd. and 100 percent of their assets, liabilities and net income or loss. All inter-company accounts and transactions have been eliminated.

While the information presented in the accompanying condensed interim three and six months consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operation and cash flows for the interim periods presented. All adjustments are of a normal recurring nature. Operating results for the period ended December 31, 2015 are not necessarily indicative of the results that can be expected for the year ended June 30, 2016.
Recent Accounting Pronouncements [Policy Text Block]

Recent Accounting Pronouncements

The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any recently issued, but not yet effective accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

In March 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-05 Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity (ASC 2013-05). ASC 2013-05 requires that when a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity, the parent is required to apply the guidance in Subtopic 830-30 to release any related cumulative translation adjustment into net income. Accordingly, the cumulative translation adjustment should be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The Corporation has determined that the adaptation of this guidance has no material impact to its consolidated financial statements.

In February 2015, the FASB issued ASU No. 2015-2, “Consolidation (Topic 820): Amendments to the Consolidation Analysis.” ASU 2015-2 provides a revised consolidation model for all reporting entities to use in evaluating whether they should consolidate certain legal entities. All legal entities will be subject to reevaluation under this revised consolidation model. The revised consolidation model, among other things, (i) modifies the evaluation of whether limited partnerships and similar legal entitiesare VIEs or voting interest entities, (ii) eliminates the presumption that a general partner should consolidate a limited partnership, and (iii) modifies the consolidation analysis of reporting entities that are involved with VIEs through fee arrangements and related party relationships. ASU 2015-2 is effective for fiscal years, and interim reporting periods within those fiscal years, beginning after December 15, 2015. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued ASU No. 2015-03, Interest -Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts and the accounting for debt issue costs under IFRS. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. ASU 2015-03 is effective for the annual period ending after December 15, 2015, and interim periods within those fiscal years. Early adoption of the amendments in this Update is permitted for financial statements that have not been previously issued. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.

In August 2014, the FASB issued amended standards No. 2014-15, Presentation of Financial Statements - Going Concern (''ASU 2014-15"), to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures requirement. The amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation for each annual and interim reporting period, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position.

In July 2015, the FASB issued No. 2015-11, Inventory - Simplifying the Measurement of Inventory ("ASU 2015-11"). ASU 2015-11 is additional guidance regarding the subsequent measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. This guidance is effective for fiscal years and interim periods beginning after December 15, 2016. Early adoption is permitted. The Corporation does not expect the adoption of this guidance will have a material impact on its consolidated financial position, results of operations or cash flows.



v3.3.1.900
NATURE AND CONTINUANCE OF OPERATIONS (Narrative) (Details)
 6 Months Ended
Dec. 31, 2015
USD ($)
Nature And Continuance Of Operations 1 12,000,000
Nature And Continuance Of Operations 2 100.00%
Nature And Continuance Of Operations 3 $ 258,219


v3.3.1.900
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)
 6 Months Ended
Dec. 31, 2015
Summary Of Significant Accounting Policies 1 100.00%
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