CONVERTIBLE PROMISSORY NOTES (Tables)

3 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

As of December 31, 2019, the outstanding convertible promissory notes are summarized as follows:

Convertible Promissory Notes	$	203,204
Less current portion		37,324
Total long-term liabilities	$	165,880

Schedule of Maturities of Long-term Debt [Table Text Block]

Maturities of long-term debt for the next three years are as follows:

Period Ending
December 31,
2020	$	37,324
2021		50,880
2022		115,000
	$	203,204

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

For purpose of determining the fair market value of the derivative liability for the embedded conversion, the Company used Binomial lattice valuation model. The significant assumptions used in the Black Scholes valuation of the derivatives are as follows:

Risk free interest rate	Between 1.48% and 1.62%
Stock volatility factor	Between 117.0% and 143.0%
Months to Maturity	0 - 5 years
Expected dividend yield	None