Note 8 - Payment Obligation	9 Months Ended
Jun. 30, 2018
Notes
Note 8 - Payment Obligation:	*NOTE 8 – PAYMENT OBLIGATION:* On September 12, 2017, we entered into an agreement (the “Payment Agreement”) with a creditor (the “Creditor”) to pay by way of a payment plan an existing obligation of $250,000 (the “Debt”) related to a potential corporate transaction in 2015 that was not completed. Pursuant to the Payment Agreement, we agreed to pay the Debt to the Creditor, including interest, on or before September 12, 2020. Interest accrues on the unpaid principal amount of the Debt at the prime rate, as such rate may change from time to time, plus 3% per annum. We agreed to pay the Creditor 5% of the gross proceeds of any funds raised, whether though equity sales, debt, or sales of assets. If the gross proceeds of any equity financing are at least $1 million, then we agreed to also commence monthly installment payments of $10,000 until the Debt is paid. During the three months and nine months ended June 30, 2018, we paid $20,000 and $63,213, respectively, to the Creditor. During the three months and nine months ended June 30, 2018, $13,468 and $51,194, respectively, was applied to principal of the Debt and $6,532 and $12,019, respectively, was applied to interest. Interest on the Debt, in the amount of $1,332, was included in accrued expenses at June 30, 2018. The obligation to commence monthly installment payments of $10,000 until the Debt is paid has not yet been triggered because we have not completed a financing with gross proceeds of at least $1 million.

Note 8 - Payment Obligation

9 Months Ended

Jun. 30, 2018

NOTE 8 – PAYMENT OBLIGATION:

On September 12, 2017, we entered into an agreement (the “Payment Agreement”) with a creditor (the “Creditor”) to pay by way of a payment plan an existing obligation of $250,000 (the “Debt”) related to a potential corporate transaction in 2015 that was not completed.

Pursuant to the Payment Agreement, we agreed to pay the Debt to the Creditor, including interest, on or before September 12, 2020. Interest accrues on the unpaid principal amount of the Debt at the prime rate, as such rate may change from time to time, plus 3% per annum. We agreed to pay the Creditor 5% of the gross proceeds of any funds raised, whether though equity sales, debt, or sales of assets. If the gross proceeds of any equity financing are at least $1 million, then we agreed to also commence monthly installment payments of $10,000 until the Debt is paid.

During the three months and nine months ended June 30, 2018, we paid $20,000 and $63,213, respectively, to the Creditor. During the three months and nine months ended June 30, 2018, $13,468 and $51,194, respectively, was applied to principal of the Debt and $6,532 and $12,019, respectively, was applied to interest. Interest on the Debt, in the amount of $1,332, was included in accrued expenses at June 30, 2018. The obligation to commence monthly installment payments of $10,000 until the Debt is paid has not yet been triggered because we have not completed a financing with gross proceeds of at least $1 million.