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Note 6 - Senior Unsecured Note Payable: Schedule of fair value (Tables)
12 Months Ended
Sep. 30, 2019
Tables/Schedules  
Schedule of fair value

 

 

Warrants Issued During the Year Ended

September 30, 2019

 

Warrants Issued During the  Year Ended

September 30, 2018

Expected volatility

138.5%

 

132.4%

Stock price on date of the note

$0.07

 

$0.09

Exercise price

$0.07

 

$0.24

Expected dividends

-

 

-

Expected term (in years)

.51.5

 

.51.5

Risk-free rate

2.26%

 

2.66%

Expected forfeiture rate

0%

 

0%