XML 25 R18.htm IDEA: XBRL DOCUMENT v2.3.0.15
BINDING LETTER OF INTENT
9 Months Ended
Jun. 30, 2011
Binding Letter Of Intent [Abstract] 
Binding Letter Of Intent Disclosure [Text Block]
NOTE 11      BINDING LETTER OF INTENT

On April 6, 2009 the Company entered into a binding letter of intent with Next Fuel, Inc.  Pursuant to the letter of intent, the Company will issue to Next Fuel approximately 75% of the Company’s outstanding shares for total consideration of $300,000. The agreement was terminated on February 22, 2011 without consummating the acquisition (See Note 5).