0001096906-17-000317.txt : 20170510 0001096906-17-000317.hdr.sgml : 20170510 20170509190932 ACCESSION NUMBER: 0001096906-17-000317 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 38 CONFORMED PERIOD OF REPORT: 20170331 FILED AS OF DATE: 20170510 DATE AS OF CHANGE: 20170509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YUMMIES INC CENTRAL INDEX KEY: 0001073748 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 870615629 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-32361 FILM NUMBER: 17828027 BUSINESS ADDRESS: STREET 1: 1981 EAST MURRAY HOLLADAY ROAD STREET 2: SUITE 100 CITY: SALT LAKE CITY STATE: UT ZIP: 84117 BUSINESS PHONE: 8012729294 MAIL ADDRESS: STREET 1: 1981 EAST MURRAY HOLLADAY ROAD STREET 2: SUITE 100 CITY: SALT LAKE CITY STATE: UT ZIP: 84117 10-Q 1 yummies.htm 10Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
 
FORM 10-Q


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

For the quarterly period ended        March 31, 2017

(  ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                                                       to _______________________
 
Commission File number       000-32361

YUMMIES,  INC.
(Exact name of registrant as specified in charter)

Nevada
87-0615629
(State or other jurisdiction of Employer  incorporation or organization)
(I.R.S. IdentificationNo.)
   
1981 East Murray Holiday Rd,  Salt Lake City, Utah
84117
(Address of principal executive offices)
(Zip Code)
 
 
801-272-9294
Registrant's telephone number, including area code

  ___________________________________
(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.  Yes [x ]   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).  Yes [ x] No [  ]

Indicate by checkmark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Se 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 [  ]
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 CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the last practicable date

Class
Outstanding as of May 1, 2017
Common  Stock, $0.001
2,505,000



INDEX

    Page
    Number
PART I. 
   
       
 
ITEM 1.
Financial Statements (unaudited)
3
       
 
Balance Sheets  March 31, 2017 and September 30, 2016
4
       
 
Statements of Operations For the three and six months ended March 31, 2017 and 2016
5
       
 
Statements of Cash Flows For the six  months ended March 31, 2017 and 2016
6
       
 
Notes to Financial Statements
7
       
 
ITEM 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
10
       
 
ITEM 3.
Quantitative and Qualitative Disclosures about Market Risk
11
       
 
ITEM 4T.
Controls and Procedures
11
       
PART II. 
   
       
 
ITEM 6.
Exhibits
11
       
 
Signatures
 
12

2


PART I - FINANCIAL INFORMATION
 

 
ITEM 1. FINANCIAL STATEMENTS
 



The accompanying balance sheets of Yummies, Inc. ( development stage company) at March 31, 2017 and September 30, 2016, and the related  statements of operations for the three and six months ended March 31, 2017 and 2016 and statements of cash flows for the six months ended March 31, 2017 and 2016 have been prepared by the Company's management in conformity with accounting principles generally accepted in the United States of America.  In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature.

Operating results for the quarter ended March 31, 2017, are not necessarily indicative of the results that can be expected for the year ending September 30, 2017.
3


YUMMIES, INC.
 
   
BALANCE SHEETS
 
   
MARCH 31, 2017 AND SEPTEMBER 30, 2016
 
             
   
March 31,
   
September 30,
 
   
2017
   
2016
 
Assets
           
             
Current Assets:
           
  Cash
 
$
125
   
$
203
 
Prepaid expenses
   
8,333
     
3,333
 
                 
Total current assets
   
8,458
     
3,536
 
                 
Total Assets
 
$
8,458
   
$
3,536
 
                 
Liabilities and Stockholders' Equity
               
                 
Current Liabilities:
               
Accounts payable
 
$
4,600
   
$
5,800
 
Interest payable
   
2,817
     
2,666
 
Interest payable, stockholders
   
16,119
     
15,115
 
Notes payable
   
3,774
     
3,774
 
Notes payable, stockholders
   
25,100
     
25,100
 
                 
Total current liabilities
   
52,410
     
52,455
 
                 
Stockholders' Equity:
               
Common stock, $.001 par value 50,000,000 shares authorized, 2,505,000 issued and outstanding
   
2,505
     
2,505
 
Additional paid-in capital
   
101,932
     
81,412
 
Accumulated deficit
   
(148,389
)
   
(132,836
)
                 
Total Stockholders' Equity
   
(43,952
)
   
(48,919
)
                 
Total Liabilities and Stockholders' Equity
 
$
8,458
   
$
3,536
 
 
The accompanying notes are an integral part of the financial statements.
4

 
YUMMIES, INC.
 
   
STATEMENTS OF OPERATIONS
 
                         
   
For the
   
For the
   
For the
   
For the
 
   
Three Months
   
Three Months
   
Six Months
   
Six Months
 
   
Ended
   
Ended
   
Ended
   
Ended
 
   
March 31,
   
March 31,
   
March 31,
   
March 31,
 
   
2017
   
2016
   
2017
   
2016
 
                         
Revenues
 
$
--
   
$
--
   
$
--
   
$
--
 
                                 
Expenses, general and administrative
   
3,519
     
4,269
     
14,398
     
11,718
 
                                 
Operating loss
   
(3,519
)
   
(4,269
)
   
(14,398
)
   
(11,718
)
                                 
Other income (expense):
                               
   Interest expense
   
(578
)
   
(578
)
   
(1,155
)
   
(1,155
)
                                 
Net loss
 
$
(4,097
)
 
$
(4,847
)
 
$
(15,553
)
 
$
(12,873
)
                                 
Net loss per share
 
$
--
   
$
--
   
$
(0.01
)
 
$
(0.01
)
                                 
Weighted average shares outstanding
   
2,505,000
     
2,505,000
     
2,505,000
     
2,505,000
 
 
The accompanying notes are an integral part of the financial statements.
5

 
YUMMIES, INC.
 
   
STATEMENTS OF CASH FLOWS
 
             
    
For the
   
For the
 
    
Six Months
   
Six Months
 
    
Ended
   
Ended
 
    
March 31,
   
March 31,
 
   
2017
   
2016
 
             
Cash flows from operating activities:
           
Net loss
 
$
(15,553
)
 
$
(12,873
)
Adjustment to reconcile net loss to cash provided by operating activities:
               
Increase in prepaid expenses
   
(5,000
)
   
(5,000
)
(Decrease) in accounts payable and interest payable
   
(45
)
   
(45
)
Expenses paid directly  by shareholder
   
20,520
     
17,840
 
                 
Net cash used by operating activities
   
(78
)
   
(78
)
               
Cash flows from investing activities
   
--
     
--
 
               
Cash flows from financing activities:
   
--
     
--
 
                 
Net decrease in cash
   
(78
)
   
(78
)
                 
Cash, beginning of period
   
203
     
359
 
                 
Cash, end of period
 
$
125
   
$
281
 
Interest paid
 
$
--
   
$
--
 
Income taxes paid
 
$
--
   
$
--
 
 
The accompanying notes are an integral part of the financial statements.
6


YUMMIES, INC.

NOTES TO FINANCIAL STATEMENTS


1.
Summary of Business and Significant Accounting Policies 
     
 
a.
Summary of Business
     
   
The Company was incorporated under the laws of the State of Nevada on June 10, 1998. Planned principal operations have not yet commenced. The Company was formed to pursue business opportunities.
     
 
b.
Basis of Presentation
     
   
The accompanying financial statements have been prepared in accordance with generally accepted accounting principles ("GAAP") as promulgated in the United States of America.
     
 
c.
Cash Flows
     
   
For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with a maturity of three months or less to be cash or cash equivalents.
     
 
d.
Net Loss Per Share
     
   
The net loss per share calculation is based on the weighted average number of shares outstanding during the period.
     
 
e.
Use of Estimates
     
   
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures.  Accordingly, actual results could differ from those estimates.


7

 
Notes to Financial Statements – Continued


 
f.
Fair Value of Financial Instruments
     
   
ASC 820-10 requires entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value. ASC 820-10 defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of March 31 2017 and September 30, 2016, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.
     
2.
Notes Payable 
     
 
On January 10, 2007, and May 22, 2009 the Company converted $2,105 and $1,669 of accounts payable from its transfer agent into a one-year notes payable.  The note balance of $3,774 at March 31, 2017 and September 30, 2016 bears interest at 8% and both principal and accrued interest is convertible into common stock at $.025 per share. The first note payable was due on January 10, 2008. The second note payable was due on May 22, 2010.
 
     
3.
Notes Payable, Stockholders 
     
 
Stockholder notes payable consist of the following at March 31, 2017 and September 30, 2016: 

 
March 31,
2017
   
September 30,
2016
 
           
Note payable to an individual, also a stockholder of the Company,  interest is being charged at 8%,  the note is unsecured and due on February 9, 2008. The note principal and accrued interest  is convertible into common stock at $.025 per share
 
$
6,000
   
$
6,000
 
                 
Notes payable to an individual also  a stockholder and director of the Company, interest is being charged at 8%, the notes are unsecured and all are due one year from issuance. The notes principal and accrued interest are convertible into common stock at $.025 per share.  
    19,100       19,900  
                 
                                   
  $ 25,100     $ 25,100  

8

Notes to Financial Statements – Continued

4.
Issuance of Common Stock
   
 
On August 13, 1998, the Company issued 1,000,000 shares of its $.001 par value common stock for an aggregate price of $1,000.
   
In February 1999, pursuant to Rule 504 of Regulation D of the Securities and Exchange Commission, the Company sold 17,500 shares of its common stock at a price of $1.00 per share. Costs of $6,471 associated directly with the offering were offset against the proceeds.
   
 
On December 15, 2000, an officer and stockholder of the Company returned 600,000 shares of common stock to authorized but unissued shares.
   
 
On February 5, 2001 the Company authorized a 6 for 1 forward split of its common shares. The forward split has been retroactively applied in the accompanying financial statements.
   
5.
Warrants and Stock Options
   
 
No options or warrants are outstanding to acquire the Company's common stock.
   
6.
Income Taxes
   
 
Company has had no taxable income under Federal or State tax laws. The Company has loss carryforwards totaling $132,832 that may be offset against future federal income taxes if not used, the carryforwards will expire between 2021 and 2035.  Due to the Company being in the development stage and incurring net operating losses, a valuation allowance has been provided to reduce the deferred tax assets from the net operating losses to zero.  Therefore, there are no tax benefits recognized in the accompanying statement of operations.

9

Notes to Financial Statements – Continued
 

7.
 Going Concern
   
 
As shown in the accompanying financial statements, the Company incurred a net loss of $15,553 during year ended March 31, 2017 and accumulated losses of $148,389 since inception at June 10, 1998. The Company's current liabilities exceed its current assets by $43,952 at March 31, 2017. These factors create an uncertainty as to the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon the success of raising additional capital through the issuance of common stock and the ability to generate sufficient operating revenue. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

 
10



 
ITEM 2.   Management's Discussion and Analysis of Financial Condition and Results of Operations
 



The Company's management is seeking and intends to acquire interests in various business opportunities which, in the opinion of management, will provide a profit to the Company but it does not have the working capital to be successful in this effort. The Company is not currently engaging in any substantive business activity and has no plans to engage in any such activity in the foreseeable future.  In its present form, the Company may be deemed to be a vehicle to acquire or merge with a business or company.  The Company does not intend to restrict its search to any particular business or industry, and the areas in which it will seek out acquisitions, reorganizations  or mergers may include,  but will not be limited to, the fields of high technology,  manufacturing,  natural resources,  service, research and development, communications,  transportation, insurance, brokerage, finance and all medically related fields,  among others. Although the Company has had discussions with various parties as to possible acquisitions, no definitive agreements have been reached with any such party, at this time.

Three and six month Period Ended March 31, 2017 and 2016

The Company did not generate any revenue during the three and six months ended March 31, 2017 and 2016.

General and administrative expenses were $3,519 and $14,398 for the three and six months ended March 31, 2017, respectively, compared to general and administrative expenses of $4,269 and $11,718 for the same periods in 2016.  Interest expense was $578 and $1,155 for the three and six months ended March 31, 2017, respectively, compared to $578 and $1,155 for the same period in 2016. As a result of the foregoing, the Company realized net losses of $4,097 and $15,553 for the three and six months ended March 31, 2017, respectively, compared to $4,847  and $12,873 for the same periods in 2016.  The Company's increased net loss is attributable to a lack of business, increased ongoing professional costs associated with preparing the Company's public reports, and timing differences.

Liquidity and Capital Resources

At March 31, 2017, assets consisted of $125 in cash and $8,333 in prepaid expenses.  Liabilities consisted of $4,600 in accounts payable, $18,936 in accrued interest, a note payable of $3,774, and $25,100 notes payable to two stockholders, for total liabilities of $52,410, leaving the Company without any working capital.  

Since 2007, the Company has borrowed money from two stockholders of the Company.  At March 31, 2017 the outstanding balance is $25,100.  The notes are unsecured, bear interest at 8% and are convertible into common stock at $.025 per share.

Currently, the Company has no material commitments for capital expenditures.  Management anticipates that operating expenses for the next twelve months will be approximately $5,000 to $10,000.  Management understands that it does not have sufficient cash to meet its immediate operational needs and will require additional capital to cover ongoing operating expenses. Management may attempt to raise additional capital for its current operational needs through loans from its officers or shareholders, debt financing, equity financing or a combination of financing options.  However, there are no existing understandings, commitments or agreements for such an infusion; nor can there be assurances to that effect.
11



ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
 


Not Required by smaller reporting companies.
 

 
ITEM 4T. CONTROLS AND PROCEDURES
 


Evaluation of Disclosure Controls and Procedures. Our management, with the participation of our president/chief financial officer, carried out an evaluation of the effectiveness of our "disclosure controls and procedures" (as defined in the Securities Exchange Act of 1934 (the "Exchange Act") Rules 13a-15(e) and 15-d-15(e)) as of the end of our last fiscal quarter, March 31, 2017, (the "Evaluation Date"). Based upon that evaluation, our president/chief financial officer concluded that, as of the Evaluation Date, our disclosure controls and procedures are effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms and (ii) is accumulated and communicated to our management, including our president and our chief financial officer, as appropriate to allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting. There were no changes in our internal controls over financial reporting that occurred during our last fiscal quarter (ended March 31, 2017) that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
12


PART 2 - OTHER  INFORMATION
 
(a) Exhibits

Exhibit 31.1
Rule 13a-14(a)/15d-14(a) Certification.
   
Exhibit 32.1
Certification by the Chief Executive Officer/Acting Chief Financial Officer Relating to a Periodic Report Containing Financial Statements.*
   
101.INS
XBRL Instance*
   
101.SCH
XBRL Schema*
   
101.CAL
XBRL Calculation*
   
101.DEF
XBRL Definition*
   
101.LAB
XBRL Label*
   
101.PRE
XBRL Presentation*

* The Exhibit attached to this Form 10-Q shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to liability under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
13


 
SIGNATURES
 


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned there unto duly authorized.

 
Yummies, Inc.
 
 [Registrant]
   
 
 S/ Susan Santage
 
Susan Santage, President & Treasurer
May 9, 2017
 

 
14

 
EX-31.1 2 exh31_1.htm RULE 13A-14(A)/15D-14(A) CERTIFICATION
Exhibit 31.1

 
CERTIFICATION

 I, Susan Santage, certify that:

 1. I have reviewed this quarterly report on Form 10-Q of Yummies, Inc.;

 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 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 small business issuer as of, and for, the periods presented in this report;

 4. The registrant's other certifying officers  and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15e and 15d-15e) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the small business issuer 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 small business issuer, 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 small business issuer'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 small business issuer=s internal control over financial reporting that occurred during the small business issuer=s most recent fiscal quarter (the small business issuer=s fourth fiscal quarter in the case of an annual report) that has materially affected, or is likely to materially affect, the small business issuer=s internal control over financial reporting; and

 5. The small business issuer=s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of small business issuer=s board of directors (or persons performing the equivalent function:

(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 small business issuer'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 small business issuer=s internal control over financial reporting.


Date:  May 9, 2017
  S/ Susan Santage
 
Susan Santage, CEO & CFO

 

EX-32 3 exh32_1.htm CERTIFICATION BY THE CHIEF EXECUTIVE OFFICER/ACTING CHIEF FINANCIAL OFFICER RELATING TO A PERIODIC REPORT CONTAINING FINANCIAL STATEMENTS.*
EXHIBIT 32.1

 

CERTIFICATION

 Pursuant to Section 906 of the Public Company Accounting Reform and Investor Protection Act of 2002 (18 U.S.C.ss. 1350, as adopted), I, Susan Santage, Chief Executive Officer and  Chief Financial Officer of the Company, hereby certifies that, to the best of his or her knowledge:

 1. The Company's Quarterly Report on Form 10-Q for the period ended March 31, 2017 and to which this Certification is attached as Exhibit 32.1 (the "PERIODIC REPORT") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 2. The information contained in the Periodic Report fairly presents, in all material respects, the financial condition of the Company at the end of the period covered by the Periodic Report and results of operations of the Company for the period covered by the Periodic Report.

Dated: May 9, 2017


 S/ Susan Santage
Susan Santage
CEO & CFO

A signed original of this written statement required by Section 906 has been provided to Yummies, Inc. and will be retained by Yummies, Inc. and furnished to the Securities and Exchange Commission or its staff upon request

 THIS CERTIFICATION ACCOMPANIES THIS REPORT PURSUANT TO SS. 906 OF THE SARBANES-OXLEY ACT OF 2002 AND SHALL NOT BE DEEMED "FILED" BY THE COMPANY FOR PURPOSES OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.




EX-101.INS 4 yumm-20170331.xml XBRL INSTANCE DOCUMENT 8333 3333 8458 3536 8458 3536 4600 5800 2817 2666 16119 15115 3774 3774 52410 52455 2505 2505 101932 81412 -132836 -48919 8458 3536 0.001 0.001 50000000 50000000 2505000 2505000 2505000 2505000 3519 4269 14398 11718 -3519 -4269 -14398 -11718 578 578 1155 1155 -4097 -4847 -0.01 -0.01 2505000 2505000 2505000 2505000 -12873 -5000 -5000 45 45 -20520 -17840 -78 -78 -78 -78 203 359 125 281 10-Q 2017-03-31 false YUMMIES INC 0001073748 yumm --09-30 2505000 Smaller Reporting Company Yes No No 2017 Q2 <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>1.&#160;&#160; <u>Summary of Business and Significant Accounting Policies</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>a.&#160;&#160; <u>Summary of Business</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The Company was incorporated under the laws of the State of Nevada on June 10, 1998. Planned principal operations have not yet commenced. The Company was formed to pursue business opportunities.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:1.0in;text-align:justify;text-indent:-1.0in'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:1.0in;text-align:justify;text-indent:-1.0in'>b.&#160;&#160; <u>Basis of Presentation</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (&#147;GAAP&#148;) as promulgated in the United States of America.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>c.&#160;&#160; <u>Cash Flows</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with a maturity of three months or less to be cash or cash equivalents.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>d.&#160;&#160; <u>Net Loss Per Share</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The net loss per share calculation is based on the weighted average number of shares outstanding during the period.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>e.&#160;&#160; <u>Use of Estimates</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures.&#160; Accordingly, actual results could differ from those estimates.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>f.&#160;&#160; <u>Fair Value of Financial Instruments</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>ASC 820-10 requires entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value. ASC 820-10 defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of March 31 2017 and September 30, 2016, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>2.&#160;&#160; <u>Notes Payable</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>On January 10, 2007, and May 22, 2009 the Company converted $2,105 and $1,669 of accounts payable from its transfer agent into a one-year notes payable.&#160; The note balance of $3,774 at March 31, 2017 and September 30, 2016 bears interest at 8% and both principal and accrued interest is convertible into common stock at $.025 per share. The first note payable was due on January 10, 2008. The second note payable was due on May 22, 2010.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>3.&#160;&#160; <u>Notes Payable, Stockholders</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&#160;&#160;&#160;&#160; </p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in'>Stockholder notes payable consist of the following at March 31, 2017 and September 30, 2016:</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0" width="100%" style='border-collapse:collapse'> <tr align="left"> <td width="55%" valign="top" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="15%" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>March 31,</p> </td> <td width="2%" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>&nbsp;</p> </td> <td width="19%" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>September 30,</p> </td> </tr> <tr align="left"> <td width="55%" valign="top" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="15%" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>2017</p> </td> <td width="2%" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>&nbsp;</p> </td> <td width="19%" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>2016</p> </td> </tr> <tr align="left"> <td width="55%" valign="bottom" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>Note payable to an individual, also a stockholder of the Company, interest is being charged at 8%, the note is unsecured and due on February 9, 2008. The note principal and accrued interest is convertible into common stock at $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>6,000</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>6,000</p> </td> </tr> <tr align="left"> <td width="55%" valign="bottom" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="55%" valign="bottom" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>Notes payable to an individual also a stockholder and director of the Company, interest is being charged at 8%, the notes are unsecured and all are due one year from issuance.&#160; The notes principal and accrued interest are convertible into common stock at $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> </tr> <tr align="left"> <td width="55%" valign="top" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;border-bottom:double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>25,100</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>25,100</p> </td> </tr> </table> </div> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>4.&#160;&#160; <u>Issuance of Common Stock</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>On August 13, 1998, the Company issued 1,000,000 shares of its $.001 par value common stock for an aggregate price of $1,000.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>In February 1999, pursuant to Rule 504 of Regulation D of the Securities and Exchange Commission, the Company sold 17,500 shares of its common stock at a price of $1.00 per share. Costs of $6,471 associated directly with the offering were offset against the proceeds.</p> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>On December 15, 2000, an officer and stockholder of the Company returned 600,000 shares of common stock to authorized but unissued shares.</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>On February 5, 2001 the Company authorized a 6 for 1 forward split of its common shares. The forward split has been retroactively applied in the accompanying financial statements.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>5.&#160;&#160; <u>Warrants and Stock Options</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>No options or warrants are outstanding to acquire the Company's common stock.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>6.&#160;&#160; <u>Income Taxes</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>Company has had no taxable income under Federal or State tax laws. The Company has loss carryforwards totaling $132,832 that may be offset against future federal income taxes if not used, the carryforwards will expire between 2021 and 2035.&#160; Due to the Company being in the development stage and incurring net operating losses, a valuation allowance has been provided to reduce the deferred tax assets from the net operating losses to zero.&#160; Therefore, there are no tax benefits recognized in the accompanying statement of operations.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>7.&#160;&#160; <u>Going Concern</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>As shown in the accompanying financial statements, the Company incurred a net loss of $15,553 during year ended March 31, 2017 and accumulated losses of $148,389 since inception at June 10, 1998. The Company&#146;s current liabilities exceed its current assets by $43,952 at March 31, 2017. These factors create an uncertainty as to the Company&#146;s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon the success of raising additional capital through the issuance of common stock and the ability to generate sufficient operating revenue. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:1.0in;text-align:justify;text-indent:-1.0in'>b.&#160;&#160; <u>Basis of Presentation</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (&#147;GAAP&#148;) as promulgated in the United States of America.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>c.&#160;&#160; <u>Cash Flows</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with a maturity of three months or less to be cash or cash equivalents.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>d.&#160;&#160; <u>Net Loss Per Share</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The net loss per share calculation is based on the weighted average number of shares outstanding during the period.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>e.&#160;&#160; <u>Use of Estimates</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures.&#160; Accordingly, actual results could differ from those estimates.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>f.&#160;&#160; <u>Fair Value of Financial Instruments</u></p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:justify'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none;margin-left:.5in;text-align:justify'>ASC 820-10 requires entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value. ASC 820-10 defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of March 31 2017 and September 30, 2016, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> <div align="center"> <table border="0" cellspacing="0" cellpadding="0" width="100%" style='border-collapse:collapse'> <tr align="left"> <td width="55%" valign="top" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="15%" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>March 31,</p> </td> <td width="2%" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>&nbsp;</p> </td> <td width="19%" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>September 30,</p> </td> </tr> <tr align="left"> <td width="55%" valign="top" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="15%" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>2017</p> </td> <td width="2%" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>&nbsp;</p> </td> <td width="19%" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="center" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:center'>2016</p> </td> </tr> <tr align="left"> <td width="55%" valign="bottom" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>Note payable to an individual, also a stockholder of the Company, interest is being charged at 8%, the note is unsecured and due on February 9, 2008. The note principal and accrued interest is convertible into common stock at $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>6,000</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>6,000</p> </td> </tr> <tr align="left"> <td width="55%" valign="bottom" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> </tr> <tr align="left"> <td width="55%" valign="bottom" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>Notes payable to an individual also a stockholder and director of the Company, interest is being charged at 8%, the notes are unsecured and all are due one year from issuance.&#160; The notes principal and accrued interest are convertible into common stock at $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> </tr> <tr align="left"> <td width="55%" valign="top" style='width:55.8%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.64%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.84%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="15%" valign="bottom" style='width:15.98%;border:none;border-bottom:double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>25,100</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:double windowtext 1.5pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>25,100</p> </td> </tr> </table> </div> Nevada 1998-06-10 2105 1669 3774 3774 6000 6000 19100 19100 25100 25100 1000000 0.001 1000 17500 1.00 6471 600000 the Company authorized a 6 for 1 forward split of its common shares 132832 -15553 -148389 -43952 0001073748 2016-10-01 2017-03-31 0001073748 2017-05-01 0001073748 2017-03-31 0001073748 2016-09-30 0001073748 2017-01-01 2017-03-31 0001073748 2016-01-01 2016-03-31 0001073748 2015-10-01 2016-03-31 0001073748 2015-09-30 0001073748 2016-03-31 0001073748 2007-01-10 0001073748 2009-05-22 0001073748 1998-08-13 0001073748 1999-02-01 1999-02-28 0001073748 1999-02-28 0001073748 2000-12-15 0001073748 2001-02-05 2001-02-28 0001073748 2016-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares 8% Interest. Convertible into common stock at $.025 per share. 8% interest. Convertible into common stock at $.025 per share. EX-101.SCH 5 yumm-20170331.xsd XBRL TAXONOMY EXTENSION SCHEMA 000060 - Disclosure - 1. Summary of Business and Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 000180 - Disclosure - 3. Notes Payable, Stockholders: Schedule Of Stockholders Notes Payable (Tables) link:presentationLink link:definitionLink link:calculationLink 000140 - Disclosure - 1. Summary of Business and Significant Accounting Policies: C. Cash Flows (Policies) link:presentationLink link:definitionLink link:calculationLink 000020 - Statement - Balance Sheets link:presentationLink link:definitionLink link:calculationLink 000160 - Disclosure - 1. Summary of Business and Significant Accounting Policies: E. Use of Estimates (Policies) link:presentationLink link:definitionLink link:calculationLink 000200 - Disclosure - 2. Notes Payable (Details) link:presentationLink link:definitionLink link:calculationLink 000050 - Statement - Statement of Cash Flows link:presentationLink link:definitionLink link:calculationLink 000070 - Disclosure - 2. Notes Payable link:presentationLink link:definitionLink link:calculationLink 000080 - Disclosure - 3. Notes Payable, Stockholders link:presentationLink link:definitionLink link:calculationLink 000120 - Disclosure - 7. Going Concern link:presentationLink link:definitionLink link:calculationLink 000240 - Disclosure - 7. Going Concern (Details) link:presentationLink link:definitionLink link:calculationLink 000220 - Disclosure - 4. Issuance of Common Stock (Details) link:presentationLink link:definitionLink link:calculationLink 000090 - Disclosure - 4. Issuance of Common Stock link:presentationLink link:definitionLink link:calculationLink 000150 - Disclosure - 1. Summary of Business and Significant Accounting Policies: D. Net Loss Per Share (Policies) link:presentationLink link:definitionLink link:calculationLink 000100 - Disclosure - 5. Warrants and Options link:presentationLink link:definitionLink link:calculationLink 000230 - Disclosure - 6. Income Taxes (Details) link:presentationLink link:definitionLink link:calculationLink 000170 - Disclosure - 1. Summary of Business and Significant Accounting Policies: F. Fair Value of Financial Instruments (Policies) link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - Statements of Operations link:presentationLink link:definitionLink link:calculationLink 000110 - Disclosure - 6. Income Taxes link:presentationLink link:definitionLink link:calculationLink 000210 - Disclosure - 3. Notes Payable, Stockholders: Schedule Of Stockholders Notes Payable (Details) link:presentationLink link:definitionLink link:calculationLink 000030 - Statement - Balance Sheets Parenthetical link:presentationLink link:definitionLink link:calculationLink 000190 - Disclosure - 1. Summary of Business and Significant Accounting Policies (Details) link:presentationLink link:definitionLink link:calculationLink 000130 - Disclosure - 1. Summary of Business and Significant Accounting Policies: B. Basis of Presentation (Policies) link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 6 yumm-20170331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 7 yumm-20170331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 8 yumm-20170331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Common Stock Issued for Cash at $0.001/Share on August 13, 1998 - Shares Represents the Common Stock Issued for Cash at $0.001/Share on August 13, 1998 - Shares (number of shares), as of the indicated date. E. Use of Estimates Increase in prepaid expenses Expenses, general and administrative Common stock shares outstanding Common stock shares issued Additional paid-in capital Interest payable Current Liabilities: Details Policies 7. Going Concern 6. Income Taxes Cash flows from financing activities: Cash flows from financing activities: Adjustment to reconcile net loss to cash provided by operating activities: Common stock shares authorized Common stock par value Accounts payable Total current assets Total current assets Accounts payable converted to note payable Represents the monetary amount of Accounts payable converted to note payable, as of the indicated date. Net loss Net loss Net loss Balance Sheets Balance Sheets Parenthetical Total stockholders' equity Total stockholders' equity Total stockholders' equity Amendment Flag Note payable to an individual, also a stockholder of the Company Represents the monetary amount of Note payable to an individual, also a stockholder of the Company, as of the indicated date. Tables/Schedules Statements of Operations Entity Incorporation, Date of Incorporation Document Fiscal Period Focus Entity Common Stock, Shares Outstanding Sale of Stock, Price Per Share Sale of Stock, Price Per Share 3. Notes Payable, Stockholders Entity Incorporation, State Country Name F. Fair Value of Financial Instruments Notes Weighted average shares outstanding Notes payable Total Assets Total Assets Entity Voluntary Filers Document Period End Date Common Stock Issue For Cash On August 13 1998 PerShare Represents the per-share monetary value of Common Stock Issue For Cash On August 13 1998 PerShare, as of the indicated date. 5. Warrants and Options Represents the textual narrative disclosure of 5. Warrants and Options, during the indicated time period. Net loss per share Prepaid expenses D. Net Loss Per Share Net cash used by operating activities Net cash used by operating activities Expenses paid directly by shareholder Expenses paid directly by shareholder Stockholders' Equity: Assets {1} Assets Entity Registrant Name Operating Loss Carryforward 1. Summary of Business and Significant Accounting Policies Income taxes paid Interest expense Interest expense Revenues Total current liabilities Total current liabilities Entity Well-known Seasoned Issuer Document Type Notes payable to an individual also a stockholder and director Represents the monetary amount of Notes payable to an individual also a stockholder and director, as of the indicated date. (Decrease) in accounts payable and interest payable (Decrease) in accounts payable and interest payable Cash flows from operating activities: Liabilities and Stockholders' Equity Cash flows from investing activities Cash flows from investing activities Other income (expense): Cash Cash, beginning of period Cash, end of period Statement of Cash Flows Current Assets: Current Fiscal Year End Date Trading Symbol Common Stock Returned Represents the Common Stock Returned (number of shares), as of the indicated date. Common stock issued for cash in February, 1999, Net of offering costs of $6,471 - shares Represents the Common stock issued for cash in February, 1999, Net of offering costs of $6,471 - shares (number of shares), during the indicated time period. 4. Issuance of Common Stock Operating loss Operating loss Notes payable, stockholders Interest payable, stockholders Represents the monetary amount of Interest payable, stockholder, as of the indicated date. Entity Filer Category Document and Entity Information: Common Stock Issued for Cash at $.001/share on August 13, 1998 Represents the monetary amount of Common Stock Issued for Cash at $.001/share on August 13, 1998, as of the indicated date. C. Cash Flows Net decrease in cash Net decrease in cash Common stock, $.001 par value 50,000,000 shares authorized, 2,505,000 issued and outstanding Document Fiscal Year Focus Payments of Stock Issuance Costs Schedule Of Stockholders Notes Payable Represents the textual narrative disclosure of Schedule Of Stockholders Notes Payable, during the indicated time period. B. Basis of Presentation Accumulated deficit Accumulated deficit Stockholders' Equity Note, Stock Split 2. Notes Payable Interest paid Total Liabilities and Stockholders' Equity Total Liabilities and Stockholders' Equity Entity Current Reporting Status Entity Central Index Key EX-101.PRE 9 yumm-20170331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 10 R1.htm IDEA: XBRL DOCUMENT v3.7.0.1
Document and Entity Information - shares
6 Months Ended
Mar. 31, 2017
May 01, 2017
Document and Entity Information:    
Entity Registrant Name YUMMIES INC  
Document Type 10-Q  
Document Period End Date Mar. 31, 2017  
Trading Symbol yumm  
Amendment Flag false  
Entity Central Index Key 0001073748  
Current Fiscal Year End Date --09-30  
Entity Common Stock, Shares Outstanding   2,505,000
Entity Filer Category Smaller Reporting Company  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Well-known Seasoned Issuer No  
Document Fiscal Year Focus 2017  
Document Fiscal Period Focus Q2  
Entity Incorporation, State Country Name Nevada  
Entity Incorporation, Date of Incorporation Jun. 10, 1998  
XML 11 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Balance Sheets - USD ($)
Mar. 31, 2017
Sep. 30, 2016
Current Assets:    
Cash $ 125 $ 203
Prepaid expenses 8,333 3,333
Total current assets 8,458 3,536
Total Assets 8,458 3,536
Current Liabilities:    
Accounts payable 4,600 5,800
Interest payable 2,817 2,666
Interest payable, stockholders 16,119 15,115
Notes payable 3,774 3,774
Notes payable, stockholders 25,100 25,100
Total current liabilities 52,410 52,455
Stockholders' Equity:    
Common stock, $.001 par value 50,000,000 shares authorized, 2,505,000 issued and outstanding 2,505 2,505
Additional paid-in capital 101,932 81,412
Accumulated deficit (148,389) (132,836)
Total stockholders' equity (43,952) (48,919)
Total Liabilities and Stockholders' Equity $ 8,458 $ 3,536
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Balance Sheets Parenthetical - $ / shares
Mar. 31, 2017
Sep. 30, 2016
Balance Sheets Parenthetical    
Common stock par value $ 0.001 $ 0.001
Common stock shares authorized 50,000,000 50,000,000
Common stock shares issued 2,505,000 2,505,000
Common stock shares outstanding 2,505,000 2,505,000
XML 13 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Statements of Operations        
Revenues
Expenses, general and administrative 3,519 4,269 14,398 11,718
Operating loss (3,519) (4,269) (14,398) (11,718)
Other income (expense):        
Interest expense (578) (578) (1,155) (1,155)
Net loss $ (4,097) $ (4,847) $ (15,553) $ (12,873)
Net loss per share $ (0.01) $ (0.01)
Weighted average shares outstanding 2,505,000 2,505,000 2,505,000 2,505,000
XML 14 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Statement of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (15,553) $ (12,873)
Adjustment to reconcile net loss to cash provided by operating activities:    
Increase in prepaid expenses (5,000) (5,000)
(Decrease) in accounts payable and interest payable (45) (45)
Expenses paid directly by shareholder 20,520 17,840
Net cash used by operating activities (78) (78)
Cash flows from investing activities
Cash flows from financing activities:
Net decrease in cash (78) (78)
Cash, beginning of period 203 359
Cash, end of period 125 281
Interest paid
Income taxes paid
XML 15 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies
6 Months Ended
Mar. 31, 2017
Notes  
1. Summary of Business and Significant Accounting Policies

1.   Summary of Business and Significant Accounting Policies

 

a.   Summary of Business

 

The Company was incorporated under the laws of the State of Nevada on June 10, 1998. Planned principal operations have not yet commenced. The Company was formed to pursue business opportunities.

 

b.   Basis of Presentation

 

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) as promulgated in the United States of America.

 

c.   Cash Flows

 

For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with a maturity of three months or less to be cash or cash equivalents.

 

d.   Net Loss Per Share

 

The net loss per share calculation is based on the weighted average number of shares outstanding during the period.

 

e.   Use of Estimates

 

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures.  Accordingly, actual results could differ from those estimates.

 

f.   Fair Value of Financial Instruments

 

ASC 820-10 requires entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value. ASC 820-10 defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of March 31 2017 and September 30, 2016, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.

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2. Notes Payable
6 Months Ended
Mar. 31, 2017
Notes  
2. Notes Payable

2.   Notes Payable

 

On January 10, 2007, and May 22, 2009 the Company converted $2,105 and $1,669 of accounts payable from its transfer agent into a one-year notes payable.  The note balance of $3,774 at March 31, 2017 and September 30, 2016 bears interest at 8% and both principal and accrued interest is convertible into common stock at $.025 per share. The first note payable was due on January 10, 2008. The second note payable was due on May 22, 2010.

XML 17 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
3. Notes Payable, Stockholders
6 Months Ended
Mar. 31, 2017
Notes  
3. Notes Payable, Stockholders

3.   Notes Payable, Stockholders

    

Stockholder notes payable consist of the following at March 31, 2017 and September 30, 2016:

 

 

 

 

March 31,

 

September 30,

 

 

 

2017

 

2016

Note payable to an individual, also a stockholder of the Company, interest is being charged at 8%, the note is unsecured and due on February 9, 2008. The note principal and accrued interest is convertible into common stock at $.025 per share

 

$

6,000

$

6,000

 

 

 

 

 

 

Notes payable to an individual also a stockholder and director of the Company, interest is being charged at 8%, the notes are unsecured and all are due one year from issuance.  The notes principal and accrued interest are convertible into common stock at $.025 per share

 

 

19,100

 

19,100

 

 

$

25,100

$

25,100

XML 18 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
4. Issuance of Common Stock
6 Months Ended
Mar. 31, 2017
Notes  
4. Issuance of Common Stock

4.   Issuance of Common Stock

 

On August 13, 1998, the Company issued 1,000,000 shares of its $.001 par value common stock for an aggregate price of $1,000.

 

In February 1999, pursuant to Rule 504 of Regulation D of the Securities and Exchange Commission, the Company sold 17,500 shares of its common stock at a price of $1.00 per share. Costs of $6,471 associated directly with the offering were offset against the proceeds.

 

On December 15, 2000, an officer and stockholder of the Company returned 600,000 shares of common stock to authorized but unissued shares.

 

On February 5, 2001 the Company authorized a 6 for 1 forward split of its common shares. The forward split has been retroactively applied in the accompanying financial statements.

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5. Warrants and Options
6 Months Ended
Mar. 31, 2017
Notes  
5. Warrants and Options

5.   Warrants and Stock Options

 

No options or warrants are outstanding to acquire the Company's common stock.

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6. Income Taxes
6 Months Ended
Mar. 31, 2017
Notes  
6. Income Taxes

6.   Income Taxes

 

Company has had no taxable income under Federal or State tax laws. The Company has loss carryforwards totaling $132,832 that may be offset against future federal income taxes if not used, the carryforwards will expire between 2021 and 2035.  Due to the Company being in the development stage and incurring net operating losses, a valuation allowance has been provided to reduce the deferred tax assets from the net operating losses to zero.  Therefore, there are no tax benefits recognized in the accompanying statement of operations.

XML 21 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
7. Going Concern
6 Months Ended
Mar. 31, 2017
Notes  
7. Going Concern

7.   Going Concern

 

As shown in the accompanying financial statements, the Company incurred a net loss of $15,553 during year ended March 31, 2017 and accumulated losses of $148,389 since inception at June 10, 1998. The Company’s current liabilities exceed its current assets by $43,952 at March 31, 2017. These factors create an uncertainty as to the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon the success of raising additional capital through the issuance of common stock and the ability to generate sufficient operating revenue. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

XML 22 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies: B. Basis of Presentation (Policies)
6 Months Ended
Mar. 31, 2017
Policies  
B. Basis of Presentation

b.   Basis of Presentation

 

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) as promulgated in the United States of America.

XML 23 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies: C. Cash Flows (Policies)
6 Months Ended
Mar. 31, 2017
Policies  
C. Cash Flows

c.   Cash Flows

 

For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with a maturity of three months or less to be cash or cash equivalents.

XML 24 R15.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies: D. Net Loss Per Share (Policies)
6 Months Ended
Mar. 31, 2017
Policies  
D. Net Loss Per Share

d.   Net Loss Per Share

 

The net loss per share calculation is based on the weighted average number of shares outstanding during the period.

XML 25 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies: E. Use of Estimates (Policies)
6 Months Ended
Mar. 31, 2017
Policies  
E. Use of Estimates

e.   Use of Estimates

 

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures.  Accordingly, actual results could differ from those estimates.

XML 26 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies: F. Fair Value of Financial Instruments (Policies)
6 Months Ended
Mar. 31, 2017
Policies  
F. Fair Value of Financial Instruments

f.   Fair Value of Financial Instruments

 

ASC 820-10 requires entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value. ASC 820-10 defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of March 31 2017 and September 30, 2016, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.

XML 27 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
3. Notes Payable, Stockholders: Schedule Of Stockholders Notes Payable (Tables)
6 Months Ended
Mar. 31, 2017
Tables/Schedules  
Schedule Of Stockholders Notes Payable

 

 

 

 

March 31,

 

September 30,

 

 

 

2017

 

2016

Note payable to an individual, also a stockholder of the Company, interest is being charged at 8%, the note is unsecured and due on February 9, 2008. The note principal and accrued interest is convertible into common stock at $.025 per share

 

$

6,000

$

6,000

 

 

 

 

 

 

Notes payable to an individual also a stockholder and director of the Company, interest is being charged at 8%, the notes are unsecured and all are due one year from issuance.  The notes principal and accrued interest are convertible into common stock at $.025 per share

 

 

19,100

 

19,100

 

 

$

25,100

$

25,100

XML 28 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
1. Summary of Business and Significant Accounting Policies (Details)
6 Months Ended
Mar. 31, 2017
Details  
Entity Incorporation, State Country Name Nevada
Entity Incorporation, Date of Incorporation Jun. 10, 1998
XML 29 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
2. Notes Payable (Details) - USD ($)
Mar. 31, 2017
Sep. 30, 2016
May 22, 2009
Jan. 10, 2007
Details        
Accounts payable converted to note payable [1] $ 3,774 $ 3,774 $ 1,669 $ 2,105
[1] 8% Interest. Convertible into common stock at $.025 per share.
XML 30 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1
3. Notes Payable, Stockholders: Schedule Of Stockholders Notes Payable (Details) - USD ($)
Mar. 31, 2017
Sep. 30, 2016
Details    
Note payable to an individual, also a stockholder of the Company [1] $ 6,000 $ 6,000
Notes payable to an individual also a stockholder and director [1] 19,100 19,100
Notes payable, stockholders $ 25,100 $ 25,100
[1] 8% interest. Convertible into common stock at $.025 per share.
XML 31 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
4. Issuance of Common Stock (Details) - USD ($)
1 Months Ended
Feb. 28, 2001
Feb. 28, 1999
Dec. 15, 2000
Aug. 13, 1998
Details        
Common Stock Issued for Cash at $0.001/Share on August 13, 1998 - Shares       1,000,000
Common Stock Issue For Cash On August 13 1998 PerShare       $ 0.001
Common Stock Issued for Cash at $.001/share on August 13, 1998       $ 1,000
Common stock issued for cash in February, 1999, Net of offering costs of $6,471 - shares   17,500    
Sale of Stock, Price Per Share   $ 1.00    
Payments of Stock Issuance Costs   $ 6,471    
Common Stock Returned     600,000  
Stockholders' Equity Note, Stock Split the Company authorized a 6 for 1 forward split of its common shares      
XML 32 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
6. Income Taxes (Details)
Jun. 30, 2016
USD ($)
Details  
Operating Loss Carryforward $ 132,832
XML 33 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
7. Going Concern (Details) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Sep. 30, 2016
Details          
Net loss $ 4,097 $ 4,847 $ 15,553 $ 12,873  
Accumulated deficit 148,389   148,389   $ 132,836
Total stockholders' equity $ 43,952   $ 43,952   $ 48,919
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