XML 18 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
LOANS PAYABLE
12 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
LOANS PAYABLE

Loan Payable:

 

In February 2011, an investor advanced $10,000. The loan does not bear interest and is due on demand. At both September 30, 2019 and 2018, the loan payable totaled $10,000.

 

Loans Payable - Officer:

 

Through September 2018, John Weber, the Company’s Chief Financial Officer, made advances to the Company totaling $105,858. From October 2018 through September 2019 he advanced an additional $132,275. The loans do not bear interest and are due on demand.

 

Through September 2018, J. Roy Nelson, the Company’s Chief Science Officer, made net advances to the Company totaling $26,864. From October 2018 through September 2019 he made additional advances of $8,800 and was repaid $8,729 for a net increase of $71. The loans do not bear interest and are due on demand.

 

In September 2018, Randall McCoy, the Company’s Chief Executive Officer, made an advance to the Company of $4,500. The loan does not bear interest and is due on demand.