XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (493,848) $ (157,241)
Loss taken on acquisition deposit 310,000 0
Adjustments to reconcile net loss to net cash used in operations:    
Accretion of benefical conversion feature as interest 7,096 2,157
Changes in operating assets and liabilities:    
Interest receivable (13,882) (6,512)
Credit card payable 20 0
Prepaid expenses (813) 0
Accounts payable (17,341) 38,334
Due to Related Party 0 5,000
Accrued expenses (7,451) (3,465)
Net cash used in operating activities (216,219) (121,727)
Cash flows from investing activities:    
Acquisition deposits 30,000 (250,000)
Due from Fingi, Inc. and other related parties 56,502 (50,000)
Net cash used in investing activities 86,502 (300,000)
Cash flows from financing activities:    
Proceeds from issuance of loan payable 82,000 0
Payments on notes payable 0 (37,039)
Increase in notes receivable (50,000) 0
Increase in loan receivable (11,000) 0
Proceeds from shareholder 10,000 0
Proceeds from loan to related companies 60,551 0
Proceeds from capital contributions by related party 0 7,027
Proceeds from sale of common stock subscriptions 0 374,975
Net cash provided by financing activities 91,551 344,963
Net (decrease) increase in cash (38,166) (76,764)
Cash and cash equivalents at beginning of period 47,428 124,531
Cash and cash equivalents at end of period 9,262 47,767
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Supplemental disclosure of non-cash investing and financing activities:    
Beneficial conversion feature on convertible note payable $ 0 $ 0