XML 20 R13.htm IDEA: XBRL DOCUMENT v3.5.0.1
Stockholders' Equity
6 Months Ended
Mar. 31, 2016
Stockholders' Equity Note [Abstract]  
Stockholders' Equity

Note 6. Stockholders’ Equity

 

Conversion of shares

 

During the six months ended March 31, 2016, we issued 1,229,125 shares of common stock as a result of conversions of principal and accrued interest on convertible notes payable in the total amount of $40,186. No gain or loss was recognized on the conversions as they occurred within the terms of the agreement that provided for conversion.

 

Imputed Interest

 

During six months ended March 31, 2016, the Company recognized imputed interest of $1,725 as an increase to shareholders’ equity.