Preferred Stock

6 Months Ended

Mar. 31, 2022

Business

6. Preferred Stock

6. Preferred Stock

The Company is authorized to issue up to 20,000,000 shares of Preferred Stock with designations, rights and preferences determined from time to time by our Board of Directors. Accordingly, our Board of Directors is empowered, without shareholder approval, to issue Preferred Stock with dividend, liquidation, conversion, voting or other rights that could adversely affect the voting power or other rights of the holders of the Company’s Common Stock. The terms of the preferred stock have not been approved.  As of March 31, 2022 and September 30, 2021, there was no Preferred Stock issued and outstanding.