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RELATED PARTY TRANSACTIONS
12 Months Ended
Sep. 30, 2021
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 3 – RELATED PARTY TRANSACTIONS

 

Parties, which can be corporations or individuals, are considered to be related if they have the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

 

Accounts payable – related parties are amounts payable to current and former officers and directors for services provided to the Company totaling $133,986 and $88,020, as of September 30, 2021 and 2020, respectively. These amounts include accounts payable to an entity controlled by our sole officer and director for financial services such entity is incurring on behalf of the Company totaling $59,109 and $13,143, as of September 30, 2021 and 2020, respectively, Total expense incurred related to this entity was $40,608 and $783 for the years ended September 30, 2021 and 2020, respectively, with no other related party expenses incurred.