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Subsequent Events
6 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events

Note 13 – Subsequent Events

 

Preferred Stock Conversions

 

On April 17, 2017, a shareholder converted 142,500 shares of Series A Preferred into 712,500 shares of common stock. The stock was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.

 

Common Stock Issued for Services

 

On May 2, 2017, the Company issued 100,000 shares of common stock to Dr. John Abroon in connection with his appointment to our newly created Advisory Board.

 

On May 2, 2017, the Company issued 140,000 shares of common stock to its new Director of Business Development in consideration of services rendered from April 1, 2017 through May 31, 2017.