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Subsequent Events
3 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

Note 9.  Subsequent Events

 

On January 14, 2020, the Company entered into a convertible promissory note of $38,000, which matures on November 1, 2020 and bears interest at 12%. The promissory note is convertible beginning July 16, 2020 into common stock at a rate of 65% of the average of the two lowest trading prices during the 15 trading days prior to conversion. The Company received cash proceeds of $35,000 after deferred financing fees.

 

On February 10, 2020, the holders of the convertible note payable dated August 2, 2019 elected to convert principal in the amount of $12,000 into 6,000,000 shares of the Company’s common stock at a price of $0.002 per share.  There was no gain or loss recognized as the conversion occurred in accordance with the original terms of the agreement.

 

On February 14, 2020, the holders of the convertible note payable dated August 2, 2019 elected to convert principal in the amount of $14,000 into 9,333,333 shares of the Company’s common stock at a price of $0.0015 per share.  There was no gain or loss recognized as the conversion occurred in accordance with the original terms of the agreement.