CONVERTIBLE PROMISSORY NOTES (Tables)

6 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

As of March 31, 2021, the outstanding convertible promissory notes are summarized as follows:

Convertible Promissory Notes	$	209,209
Less current portion		94,209
Total long-term liabilities	$	115,000

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

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

Year Ending
September 30,
2021	$	94,209
2022		75,000
2023		40,000
	$	209,209

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 Binomial lattice valuation of the derivatives are as follows:

Risk free interest rate	Between 0.01%and 0.16%
Stock volatility factor	Between 191.0% and 375.0%
Months to Maturity	0 - 5 years
Expected dividend yield	None