7. Debt (Tables)

12 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Notes payable of Modern Everyday, Inc.

Note payable to individual, payable on demand, interest at 10.0% per annum, unsecured	$	90,168
Convertible note payable to individual, due February 27, 2015, interest at 6.0% per annum, unsecured		335,245
Convertible note payable to ICG, due January 23, 2015, interest at 8.0% per annum, unsecured		527,889
Acquisition note payable (See Note 17), $200,000 due February 28, 2015 and $400,000 due February 28, 2016, non-interest bearing with interest imputed at 2.87% per annum		581,707
Credit line due September 28, 2019, with interest rate at prime plus 2%		240,204
Less Debt Discount		(215,884	)
Total Debt		1,559,329
Current portion		920,360
Long-term portion	$	638,969

Future maturities of debt

Years ending September 30,
2015	$	920,360
2016		400,000
2017		–
2018		–
2019		238,969
Thereafter		–
	$	1,559,329