0001096906-18-000228.txt : 20180509 0001096906-18-000228.hdr.sgml : 20180509 20180509115738 ACCESSION NUMBER: 0001096906-18-000228 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 38 CONFORMED PERIOD OF REPORT: 20180331 FILED AS OF DATE: 20180509 DATE AS OF CHANGE: 20180509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YUMMIES INC CENTRAL INDEX KEY: 0001073748 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] 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: 18817386 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, 2018

(  )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. Identification No.)
   
 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, 2018
Common  Stock, $0.001
 2,505,000


INDEX

 
 
Page
  Number
PART I. 
 
     
ITEM 1.
Financial Statements (unaudited)
3
     
Balance Sheets
4
   March 31, 2018 and September 30, 2017  
     
Statements of Operations  
   For the three and six months ended March 31, 2018 and 2017
 5
     
Statements of Cash Flows  
    For the six  months ended March 31, 2018 and 2017
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, 2018 and September 30, 2017, and the related  statements of operations for the three and six months ended March 31, 2018 and 2017 and statements of cash flows for the six months ended March 31, 2018 and 2017 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, 2018, are not necessarily indicative of the results that can be expected for the year ending September 30, 2018.
3

 
YUMMIES, INC.
 
   
BALANCE SHEETS
 
   
MARCH 31, 2018 AND SEPTEMBER 30, 2017
 
             
   
March 31,
   
September 30,
 
   
2018
   
2017
 
Assets
           
             
Current Assets:
           
Cash
 
$
--
   
$
46
 
Prepaid expenses
   
10,000
     
3,333
 
                 
Total current assets
   
10,000
     
3,379
 
                 
Total Assets
 
$
10,000
   
$
3,379
 
                 
Liabilities and Stockholders' Equity
               
                 
Current Liabilities:
               
Accounts payable
 
$
6,150
   
$
1,200
 
Interest payable
   
3,120
     
2,968
 
Interest payable, stockholders
   
18,126
     
17,122
 
Notes payable
   
3,774
     
3,774
 
Notes payable, stockholders
   
25,100
     
25,100
 
                 
Total current liabilities
   
56,270
     
50,164
 
                 
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
   
123,792
     
109,672
 
Accumulated deficit
   
(172,567
)
   
(158,962
)
                 
Total Stockholders' Equity
   
(46,270
)
   
(46,785
)
                 
Total Liabilities and Stockholders'  Equity
 
$
10,000
   
$
3,379
 
 
 
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,
 
   
2018
   
2017
   
2018
   
2017
 
                         
Revenues
 
$
--
   
$
--
   
$
--
   
$
--
 
                               
Expenses, general and administrative
   
4,451
     
3,519
     
12,450
     
14,398
 
                                 
Operating loss
   
(4,451
)
   
(3,519
)
   
(12,450
)
   
(14,398
)
                                 
Other income (expense):
                               
   Interest expense
   
(578
)
   
(578
)
   
(1,155
)
   
(1,155
)
                                 
Net loss
 
$
(5,029
)
 
$
(4,097
)
 
$
(13,605
)
 
$
(15,553
)
                                 
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,
 
   
2018
   
2017
 
             
Cash flows from operating activities:
           
Net loss
 
$
(13,605
)
 
$
(15,553
)
Adjustment to reconcile net loss to cash provided by operating activities:
               
Increase in prepaid expenses
   
(6,667
)
   
(5,000
)
Increase (decrease) in accounts payable and interest payable
   
6,106
     
(45
)
Expenses paid directly by shareholder
   
14,120
     
20,520
 
               
Net cash used by operating activities
   
(46
)
   
(78
)
               
Cash flows from investing activities
   
--
     
--
 
               
Cash flows from financing activities:
   
--
     
--
 
                 
Net decrease in cash
   
(46
)
   
(78
)
                 
Cash, beginning of period
   
46
     
203
 
                 
Cash, end of period
 
$
--
   
$
125
 
Interest paid
 
$
--
   
$
--
 
Income taxes paid
 
$
--
   
$
--
 
 
The accompanying notes are an integral part of the financial statements.
6

YUMMIES, INC.
(A Development Stage Company)

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 opportunies.
     
 
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, 2018 and September 30, 2017, 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, 2018 and September 30, 2017 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, 2018 and September 30, 2017:
 
 
   
March 31,
   
September 30,
 
   
2018
   
2017
 
             
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
 
 
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 $158,962 that may be offset against future federal income taxes if not used, the carryforwards will expire between 2021 and 2037.  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.
 
7.   Going Concern

As shown in the accompanying financial statements, the Company incurred a net loss of $13,605 during the three months ended March 31, 2018 and accumulated losses of $172,567 since inception at June 10, 1998. The Company's current liabilities exceed its current assets by $46,270 at March 31, 2018. 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.
9


 
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, 2018 and 2017

The Company did not generate any revenue during the three and six months ended March 31, 2018 and 2017.

General and administrative expenses were $4,451 and $12,450 for the three and six months ended March 31, 2018, respectively, compared to general and administrative expenses of $3,519 and $14,398 for the same periods in 2017.  Interest expense was $578 and $1,155 for the three and six months ended March 31, 2018, respectively, compared to $578 and $1,155 for the same period in 2017. As a result of the foregoing, the Company realized net losses of $5,029 and $13,365 for the three and six months ended March 31, 2018, respectively, compared to $4,097 and $15,553 for the same periods in 2017.  The Company's 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, 2018, assets consisted of $ 0 in cash and $10,000 in prepaid expenses.  Liabilities consisted of $6,150 in accounts payable, $21,246 in accrued interest, a note payable of $3,774, and $25,100 notes payable to two stockholders, for total liabilities of $56,270, leaving the Company without any working capital.  

Since 2007, the Company has borrowed money from two stockholders of the Company.  At March 31, 2018 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 $10,000 to $15,000.  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.
10


 
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, 2018, (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, 2018) that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
 
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.
11

 

 
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, 2018
12

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, 2018
 /s/ Susan Santage
   
Susan Santage,
CEO & CFO

 

EX-32.1 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, 2018 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-20180331.xml XBRL INSTANCE DOCUMENT YUMMIES INC 0001073748 --09-30 yumm Yes No No false 2018 Q2 10-Q 2018-03-31 870615629 1981 East Murray Holiday Rd Salt Lake City Utah 84117 801 272-9294 Smaller Reporting Company 2505000 10000 3333 10000 3379 10000 3379 6150 1200 3120 2968 18126 17122 3774 3774 56270 50164 0.001 50000000 2505000 2505000 2505 2505 123792 109672 -158962 -46785 10000 3379 0 0 0 0 4451 3519 12450 14398 -4451 -3519 -12450 -14398 578 578 1155 1155 -5029 -4097 0 0 -0.01 -0.01 2505000 2505000 2505000 2505000 -15553 -6667 -5000 -6106 45 -14120 -20520 -46 -78 0 0 0 0 -46 -78 46 203 0 125 0 0 0 0 <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;text-align:justify'>&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'>&nbsp;</p> <p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in;text-autospace:none;margin-left:0in;text-indent:0in'>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, 2018 and September 30, 2017, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.</p> Nevada 1998-06-10 <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'>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;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'>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-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in;text-autospace:none;margin-left:0in;text-indent:0in'>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, 2018 and September 30, 2017, the carrying value of certain financial instruments approximates fair value due to the short-term nature of such instruments.</p> <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, 2018 and September 30, 2017 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> 2105 1669 3774 3774 <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;text-align:justify'>Stockholder notes payable consist of the following at March 31, 2018 and September 30, 2017:</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='width:100.0%;border-collapse:collapse'> <tr align="left"> <td width="52%" valign="top" style='width:52.82%;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:2.82%;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:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="18%" style='width:18.8%;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="52%" valign="top" style='width:52.82%;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:2.82%;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:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="18%" style='width:18.8%;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'>2018</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'>2017</p> </td> </tr> <tr align="left"> <td width="52%" valign="bottom" style='width:52.82%;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 $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="18%" valign="bottom" style='width:18.8%;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="52%" valign="bottom" style='width:52.82%;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:2.82%;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:2.82%;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="18%" valign="bottom" style='width:18.8%;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="52%" valign="bottom" style='width:52.82%;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 $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="18%" valign="bottom" style='width:18.8%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> </tr> <tr align="left"> <td width="52%" valign="top" style='width:52.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="18%" valign="bottom" style='width:18.8%;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> <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='width:100.0%;border-collapse:collapse'> <tr align="left"> <td width="52%" valign="top" style='width:52.82%;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:2.82%;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:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="18%" style='width:18.8%;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="52%" valign="top" style='width:52.82%;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:2.82%;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:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="18%" style='width:18.8%;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'>2018</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'>2017</p> </td> </tr> <tr align="left"> <td width="52%" valign="bottom" style='width:52.82%;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 $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="18%" valign="bottom" style='width:18.8%;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="52%" valign="bottom" style='width:52.82%;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:2.82%;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:2.82%;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="18%" valign="bottom" style='width:18.8%;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="52%" valign="bottom" style='width:52.82%;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 $.025 per share</p> </td> <td width="2%" valign="top" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="18%" valign="bottom" style='width:18.8%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>&nbsp;</p> </td> <td width="19%" valign="bottom" style='width:19.92%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>19,100</p> </td> </tr> <tr align="left"> <td width="52%" valign="top" style='width:52.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="top" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p style='margin:0in;margin-bottom:.0001pt;text-autospace:none'>&nbsp;</p> </td> <td width="2%" valign="bottom" style='width:2.82%;padding:0in 5.4pt 0in 5.4pt'> <p align="right" style='margin:0in;margin-bottom:.0001pt;text-autospace:none;text-align:right'>$</p> </td> <td width="18%" valign="bottom" style='width:18.8%;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> 6000 6000 19100 19100 25100 25100 <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> 1000000 0.001 1000 17500 1.00 6471 600000 the Company authorized a 6 for 1 forward split of its common shares <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> <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 $158,962 that may be offset against future federal income taxes if not used, the carryforwards will expire between 2021 and 2037.&#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> 158962 <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 $13,605 during the three months ended March 31, 2018 and accumulated losses of $172,567 since inception at June 10, 1998. The Company&#146;s current liabilities exceed its current assets by $46,270 at March 31, 2018. 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> -13605 -172567 -46270 0001073748 2017-10-01 2018-03-31 0001073748 2018-03-31 0001073748 2017-03-31 0001073748 2018-05-01 0001073748 2017-09-30 0001073748 2018-01-01 2018-03-31 0001073748 2017-01-01 2017-03-31 0001073748 2016-10-01 2017-03-31 0001073748 2016-09-30 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 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-20180331.xsd XBRL TAXONOMY EXTENSION SCHEMA 000060 - Disclosure - 1. Summary of Business and Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 000180 - Disclosure - 3. 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Notes Payable, Stockholders link:presentationLink link:definitionLink link:calculationLink 000050 - Statement - Consolidated Statements of Cash Flows link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - Consolidated Statement of Operations 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 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 000100 - Disclosure - 5. Warrants and Stock Options link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information 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 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-20180331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 7 yumm-20180331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 8 yumm-20180331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE 6. Income Taxes Revenues Common Stock, Shares, Issued Common Stock, Shares Authorized 4. Issuance of Common Stock 1. Summary of Business and Significant Accounting Policies Prepaid expenses Amendment Flag Accounts payable converted to note payable Represents the monetary amount of Accounts payable converted to note payable, as of the indicated date. Interest paid Notes Payable Interest Payable, Current Current Liabilities: Well-known Seasoned Issuer Trading Symbol C. Cash Flows Expenses paid directly by shareholder Expenses paid directly by shareholder Increase in prepaid expenses Other Nonoperating Income (Expense) {1} Other Nonoperating Income (Expense) Operating loss Operating loss Total Stockholders' Equity Total Stockholders' Equity Total Stockholders' Equity Total current liabilities Total current liabilities 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. D. Net Loss Per Share Net cash used by operating activities Net cash used by operating activities Expenses, general and administrative Total Liabilities and Stockholders' Equity Total Liabilities and Stockholders' Equity Fiscal Year End Entity Incorporation, Date of Incorporation Net cash used by financing activities Net cash used by investing activities Accounts payable Total current assets Total current assets Registrant Name Operating Loss Carryforward Sale of Stock, Price Per Share Sale of Stock, Price Per Share 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. Cash flows from operating activities: Interest expense Interest expense Entity Address, Postal Zip Code Voluntary filer Details Tables/Schedules Increase (decrease) in accounts payable and interest payable Increase (decrease) in accounts payable and interest payable Net Loss Net Loss Net loss Total Assets Total Assets Current Assets Filer Category 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. 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 2. Notes Payable Adjustment to reconcile net loss to cash provided by operating activities: Additional paid-in capital Liabilities and Stockholders' Equity Local Phone Number Entity Address, Address Line One Current with reporting Policies Interest Payable, Stockholders Represents the monetary amount of Interest Payable, Stockholders, as of the indicated date. 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. Notes Income taxes paid Net loss per share Common shares Tax Identification Number (TIN) 3. Notes Payable, Stockholders Entity Incorporation, State Country Name Registrant CIK 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. 7. Going Concern Net decrease in cash Net decrease in cash Common Stock, Par or Stated Value Per Share Notes payable, stockholders Assets {1} Assets Public Float Common Stock Issued for Cash at $0.001/Share on August 13, 1998 - Shares Represents the Common Stock Issued for Cash at $0.001/Share on August 13, 1998 - Shares (number of shares), as of the indicated date. 5. Warrants and Stock Options Represents the textual narrative disclosure of 5. Warrants and Stock Options, during the indicated time period. Common Stock, Shares, Outstanding City Area Code Entity Address, State or Province Document Fiscal Year Focus Common Stock Returned Represents the Common Stock Returned (number of shares), as of the indicated date. F. Fair Value of Financial Instruments E. Use of Estimates Accumulated deficit Accumulated deficit Stockholders' Equity: Cash {1} Cash Cash and cash equivalents Cash and cash equivalents Amendment Description Stockholders' Equity Note, Stock Split Payments of Stock Issuance Costs Weighted-average shares outstanding Entity Address, City or Town Document Fiscal Period Focus Number of common stock shares outstanding SEC Form EX-101.PRE 9 yumm-20180331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 10 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document and Entity Information - shares
6 Months Ended
Mar. 31, 2018
May 01, 2018
Details    
Registrant Name YUMMIES INC  
Registrant CIK 0001073748  
SEC Form 10-Q  
Period End date Mar. 31, 2018  
Fiscal Year End --09-30  
Trading Symbol yumm  
Tax Identification Number (TIN) 870615629  
Number of common stock shares outstanding   2,505,000
Filer Category Smaller Reporting Company  
Current with reporting Yes  
Voluntary filer No  
Well-known Seasoned Issuer No  
Amendment Flag false  
Document Fiscal Year Focus 2018  
Document Fiscal Period Focus Q2  
Entity Incorporation, State Country Name Nevada  
Entity Address, Address Line One 1981 East Murray Holiday Rd  
Entity Address, City or Town Salt Lake City  
Entity Address, State or Province Utah  
Entity Address, Postal Zip Code 84117  
City Area Code 801  
Local Phone Number 272-9294  
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Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Sep. 30, 2017
Current Assets    
Cash $ 0 $ 46
Prepaid expenses 10,000 3,333
Total current assets 10,000 3,379
Total Assets 10,000 3,379
Current Liabilities:    
Accounts payable 6,150 1,200
Interest Payable, Current 3,120 2,968
Interest Payable, Stockholders 18,126 17,122
Notes Payable 3,774 3,774
Notes payable, stockholders 25,100 25,100
Total current liabilities 56,270 50,164
Stockholders' Equity:    
Common shares 2,505 2,505
Additional paid-in capital 123,792 109,672
Accumulated deficit (172,567) (158,962)
Total Stockholders' Equity (46,270) (46,785)
Total Liabilities and Stockholders' Equity $ 10,000 $ 3,379
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Consolidated Balance Sheets - Parenthetical
Mar. 31, 2018
$ / shares
shares
Details  
Common Stock, Par or Stated Value Per Share | $ / shares $ 0.001
Common Stock, Shares Authorized 50,000,000
Common Stock, Shares, Outstanding 2,505,000
Common Stock, Shares, Issued 2,505,000
XML 13 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Operations - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Details        
Revenues $ 0 $ 0 $ 0 $ 0
Expenses, general and administrative 4,451 3,519 12,450 14,398
Operating loss (4,451) (3,519) (12,450) (14,398)
Other Nonoperating Income (Expense)        
Interest expense (578) (578) (1,155) (1,155)
Net Loss $ (5,029) $ (4,097) $ (13,605) $ (15,553)
Net loss per share $ 0 $ 0 $ (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 v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net Loss $ (13,605) $ (15,553)
Adjustment to reconcile net loss to cash provided by operating activities:    
Increase in prepaid expenses (6,667) (5,000)
Increase (decrease) in accounts payable and interest payable 6,106 (45)
Expenses paid directly by shareholder 14,120 20,520
Net cash used by operating activities (46) (78)
Net cash used by investing activities 0 0
Net cash used by financing activities 0 0
Net decrease in cash (46) (78)
Cash and cash equivalents 46 203
Cash and cash equivalents 0 125
Interest paid 0 0
Income taxes paid $ 0 $ 0
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1. Summary of Business and Significant Accounting Policies
6 Months Ended
Mar. 31, 2018
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, 2018 and September 30, 2017, 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, 2018
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, 2018 and September 30, 2017 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.

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3. Notes Payable, Stockholders
6 Months Ended
Mar. 31, 2018
Notes  
3. Notes Payable, Stockholders

3.   Notes Payable, Stockholders

    

Stockholder notes payable consist of the following at March 31, 2018 and September 30, 2017:

 

 

 

 

March 31,

 

September 30,

 

 

 

2018

 

2017

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

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4. Issuance of Common Stock
6 Months Ended
Mar. 31, 2018
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 Stock Options
6 Months Ended
Mar. 31, 2018
Notes  
5. Warrants and Stock 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, 2018
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 $158,962 that may be offset against future federal income taxes if not used, the carryforwards will expire between 2021 and 2037.  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.

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7. Going Concern
6 Months Ended
Mar. 31, 2018
Notes  
7. Going Concern

7.   Going Concern

 

As shown in the accompanying financial statements, the Company incurred a net loss of $13,605 during the three months ended March 31, 2018 and accumulated losses of $172,567 since inception at June 10, 1998. The Company’s current liabilities exceed its current assets by $46,270 at March 31, 2018. 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.

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1. Summary of Business and Significant Accounting Policies: B. Basis of Presentation (Policies)
6 Months Ended
Mar. 31, 2018
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.

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1. Summary of Business and Significant Accounting Policies: C. Cash Flows (Policies)
6 Months Ended
Mar. 31, 2018
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 v3.8.0.1
1. Summary of Business and Significant Accounting Policies: D. Net Loss Per Share (Policies)
6 Months Ended
Mar. 31, 2018
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 v3.8.0.1
1. Summary of Business and Significant Accounting Policies: E. Use of Estimates (Policies)
6 Months Ended
Mar. 31, 2018
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 v3.8.0.1
1. Summary of Business and Significant Accounting Policies: F. Fair Value of Financial Instruments (Policies)
6 Months Ended
Mar. 31, 2018
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, 2018 and September 30, 2017, 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 v3.8.0.1
3. Notes Payable, Stockholders: Schedule Of Stockholders Notes Payable (Tables)
6 Months Ended
Mar. 31, 2018
Tables/Schedules  
Schedule Of Stockholders Notes Payable

 

 

 

 

March 31,

 

September 30,

 

 

 

2018

 

2017

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 v3.8.0.1
1. Summary of Business and Significant Accounting Policies (Details)
6 Months Ended
Mar. 31, 2018
Details  
Entity Incorporation, State Country Name Nevada
Entity Incorporation, Date of Incorporation Jun. 10, 1998
XML 29 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
2. Notes Payable (Details) - USD ($)
Mar. 31, 2018
Sep. 30, 2017
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 $.025 per share.
XML 30 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
3. Notes Payable, Stockholders: Schedule Of Stockholders Notes Payable (Details) - USD ($)
Mar. 31, 2018
Sep. 30, 2017
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 $.025 per share.
XML 31 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
4. Issuance of Common Stock (Details) - USD ($)
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 v3.8.0.1
6. Income Taxes (Details)
Mar. 31, 2018
USD ($)
Details  
Operating Loss Carryforward $ 158,962
XML 33 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
7. Going Concern (Details) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Sep. 30, 2017
Details          
Net loss $ 5,029 $ 4,097 $ 13,605 $ 15,553  
Accumulated deficit 172,567   172,567   $ 158,962
Total Stockholders' Equity $ 46,270   $ 46,270   $ 46,785
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