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Related Party Transactions
3 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions

Note 2 — Related Party Transactions

 

We have borrowed funds for our operations from certain major stockholders, directors and officers as disclosed below.

 

 We have an unsecured demand note payable due of $9,000 to Shulamit Lazar, our sole officer and director for funds advanced the Company through the bankruptcy process. This is unsecured with a zero percent interest rate and is payable on demand. The whole amount was cancelled on December 2, 2015.

 

As part of the bankruptcy sale Shulamit Lazar was awarded all 271 of the convertible preferred shares, which were converted into 5,420,000 shares of common stocks on November 30, 2015.

 

Shulamit Lazar received compensation of 30,000,000 shares valued at $30,000 during the year ended September 30, 2015.

 

The related party notes payable was $0 and $9,000 as of December 31, 2015 and September 30, 2015, respectively.