Subsequent Events

12 Months Ended

Sep. 30, 2013

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 10      SUBSEQUENT EVENTS

On November 1, 2013, the Company entered into an agreement with a related party for consulting services.  The agreement calls for a monthly retainer fee to be paid to the consultant of $5,000 and a monthly expense allowance of $500.  The agreement shall terminate upon the completion of the services of the consultant or by either party upon 30 days notice.

On November 1, 2013, the Company entered into a month to month rental agreement with a director/shareholder for the use of a 5th Wheel Trailer by an employee for temporary lodging during field work.  The rental agreement calls for a monthly rental of $1,200.

On October 30, 2013, the Company entered into a non-binding letter of intent for the purchase of Integra Water Filtration Units and Technology from Layne Christensen Company for a total consideration of $900,000.  The Company paid an initial deposit of $100,000 on November 14, 2013, in connection with this technology purchase.

On October 15, 2013, the Company entered into an agreement for environmental services in China.  The agreement calls for a fixed monthly fee of $7,500 and shall terminate on December 31, 2013, unless extended upon mutual written agreement of the parties.

On October 7, 2013, the Company entered into an agreement for underwriting/brokerage services related to a proposed public offering.  An initial, non-refundable, advisory fee was paid upon the signing of the engagement letter.  The agreement calls for an underwriting fee of six percent (6%) of the amount raised in the public offering as well as warrants to purchase the aggregate number of shares as would be equal to three percent (3%) of the total number of shares sold pursuant to the public offering.  The agreement also calls for payment of a success-based non-accountable expense allowance in the amount of two percent (2%) of the gross proceeds of the offering and reimbursement for incurred expenses.

On October 1, 2013, the Company entered into an agreement for exclusive financial advisory services related to potential acquisitions.  The agreement calls for a placement success fee of eight percent (8%) of the gross proceeds of the placement as well as issuance of stock equal to three percent (3%) of the fully diluted shares outstanding, post-merger, including the shares from the capital raise.  The agreement expires on December 31, 2013, and will continue thereafter on a month to month basis unless cancelled by 30 days written notice.