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CONVERTIBLE NOTES PAYABLE
6 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
NOTE 3 - CONVERTIBLE NOTES PAYABLE

The Company’s indebtedness as of March 31, 2018 and September 30, 2017 were as follows:

 

Description  

March 31,

2018

   

September 30,

2017

 
             
Convertible notes   $ 70,747     $ 70,747  
Notes Payable   $ 90,000     $ 85,000  

 

The notes payable bear interest at 10% and are due on demand. The convertible notes bear interest at 15% and are also due on demand. The principal and accrued interest of these notes can be converted at the discretion of the holders into common shares at $3.31/share.