XML 37 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity
9 Months Ended
Jun. 30, 2014
Stockholders' Equity [Abstract]  
Stockholders' Equity

Note 9. Stockholders' Equity


Conversion of Shares


During nine months ended June 30, 2014, the holders of our convertible notes elected to convert principal and interest into shares of common stock as detailed below:


           

Date

 

Amount Converted

 

Number of Shares Issued

October 25, 2013

 

$

20,000

 

500,000

October 31, 2013

 

 

20,000

 

500,000

December 10, 2013

 

 

10,000

 

250,000

December 12, 2013

 

 

20,000

 

500,000

December 27, 2013

 

 

20,000

 

500,000

February 7, 2013

 

 

20,000

 

500,000

March 3, 2014

 

 

24,000

 

600,000

March 4, 2014

 

 

24,000

 

600,000

April 1, 2014

 

 

24,000

 

600,000

April 14, 2014

 

 

28,000

 

700,000

April 25, 2014

 

 

24,000

 

600,000

May 15, 2014

 

 

32,000

 

800,000

May 21, 2014

 

 

29,852

 

746,296

June 16, 2014

 

 

32,000

 

800,000

June 17, 2014

 

 

32,000

 

800,000

June 26, 2014

 

 

36,000

 

900,000

Total

 

$

395,852

 

9,896,296


Imputed Interest


During nine months ended June 30, 2014, the Company recognized imputed interest of $10,659 as an increase to shareholders' equity.