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10. COMMITMENTS AND CONTINGENCIES (Details Narrative)
12 Months Ended
Sep. 30, 2015
USD ($)
Annual Base Salary $ 150,000
Employment Contracts [Member]  
Employment Agreement

We have an agreement with Complete Wealth Management (“The Consultant”) to provide sales and marketing services. The consulting agreement is for 24 months, effective on May 4, 2015. As compensation for consulting services, the Company will grant to the Consultant a 10% commission. Compensation is payable 30 days after closing of a sale, and will be paid in 5% common stock bearing a restrictive legend pursuant to Rule 144 and 5% in cash.

 

The Company entered into an employment agreement with its Chief Executive Officer on January 1, 2013.  The employment agreement will expire on January 1, 2018 and shall automatically renew for another 5 years unless terminated in accordance with the provisions of the employment agreement. The employment agreement provides for:

 

i.A monthly salary of $20,833 per month subject to an annual increase of 10% per year and consistent with the Company policy applicable to other senior executives and officers and approval by the Board of Directors.
ii.A cash bonus of 25% of his annual base salary each year if the Company reaches the following milestones:
a.The Company posts annual gross revenues on a consolidated basis of at least $5,000,000;
b.The Company's earnings before the deduction of income taxes and amortization expenses (“EBITA”), including cash extraordinary items but before officer's bonuses, on a consolidated basis for any year is at least $1,000,000;
iii.The issuance of shares equal to the greater of 1% of the then issued and outstanding shares of the Company annually, or 3,000,000 shares. The Company issued these shares in March 2014.
iv.The issuance of common stock on each anniversary date of the employment agreement of 5,000,000 shares and issuance of common stock for every acquisition granting 5,000,000 shares for DNA, 5,000,000 shares for CipherSmith, LLC, and 1,000,000 shares for MediSouth, LLC.
v.An automobile allowance of $1,500 per month.
vi.A medical insurance allowance of $1,500 per month.
vii.In the event the executive's employment is terminated without cause he will receive the entire contract remaining on the agreement.