10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2017

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______.

Commission file number 000-55177

THE GO ECO GROUP

 (Formally Liberated Energy, Inc.)

(Exact name of registrant as specified in its charter)

Nevada	27-4715504
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

2 Coleman Court
Southampton, New Jersey	08088
(Address of principal executive offices)	(Zip Code)

(845) 610-3817

(Registrant's telephone number including area code)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days     ☒ Yes  ☐No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files)

☒ Yes    ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐	Accelerated filer  ☐
Non-accelerated filer ☐   (Do not check if a smaller reporting company)	Smaller reporting company ☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act):

Yes o No   ☒

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 3,202,667 shares of common stock issued and outstanding as of May 15, 2017.

TABLE OF CONTENTS

Item #	Description	Page Numbers
	PART I	3
ITEM 1	FINANCIAL STATEMENTS	3
ITEM 2	MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	11
ITEM 3	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	13
ITEM 4	CONTROLS AND PROCEDURES	13
	PART II	13
ITEM 1	LEGAL PROCEEDINGS	13
ITEM 1A	RISK FACTORS	13
ITEM 2	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	13
ITEM 3	DEFAULTS UPON SENIOR SECURITIES	14
ITEM 4	MINE SAFETY DISCLOSURES	14
ITEM 5	OTHER INFORMATION	14
ITEM 6	EXHIBITS	14
	SIGNATURES	16

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Securities and Exchange Commission ("SEC") encourages companies to disclose forward-looking information so that investors can better understand future prospects and make informed investment decisions.  This report contains these types of statements.  Words such as "may," "expect," "believe," "anticipate," "estimate," "project," or "continue" or comparable terminology used in connection with any discussion of future operating results or financial performance identify forward-looking statements.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report.  All forward-looking statements reflect our present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

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PART I: FINANCIAL INFORMATION

ITEM 1.          FINANCIAL STATEMENTS

THE GO ECO GROUP

(Formally Liberated Energy, Inc)

BALANCE SHEETS

(Unaudited)

	March 31,			September 30,
	2017			2016
ASSETS
Current assets
Cash	$	47,050		$	1,804
Receivable EcoCab		43,324
Total current assets		90,374			1,804
Total assets	$	90,374		$	1,804
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable and accrued expense	$	106,135		$	49,433
Convertible notes payable		915,334			517,736
Total liabilities		1,021,469			567,169
Stockholders' deficit
Preferred shares, par value $0.001. 100,000,000 authorized; 10,000,000 issued and outstanding		10,000			10,000
Common stock, par value $0.001, authorized 2,000,000,000, issued and outstanding 3,202,667 and 1,888,832 as of March 31, 2017 and September 30, 2016, respectively		3,202			1,889
Additional paid-in capital		1,133,345			824,414
Accumulated deficit		(2,077,642	)		(1,401,668	)
Total stockholders' deficit		(931,095	)		(565,365	)
Total liabilities and stockholders' equity(deficit)	$	90,374		$	1,804

The accompanying notes are an integral part of the unaudited financial statements.

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THE GO ECO GROUP

(Formally Liberated Energy, Inc)

STATEMENT OF OPERATIONS

FOR THREE AND SIX MONTHS ENDED MARCH 31,

(UNAUDITED)

	Three Months						Six Months
	2017			2016			2017			2016
Revenue		--		$	--
Cost of goods		--			--
Gross profit		--			--
Operating expenses:
Selling, general and administrative expenses		225,855			116,727			587,979			176,119
Loss from operations		(225,855	)		(116,727	)		(587,979	)		(176,119	)
Other Income(expense)
Other income		1			--			5			--
Gain(loss) on debt adjustment		29,503						29,503
Note discount fees		--			--			(57,800	)		--
Interest expense		(18,118	)		(19,460	)		(59,703	)		(33,253	)
Total other income (expense)		11,386			(19,460	)		(87,995	)		(33,253	)
Net loss	$	(214,469	)	$	(136,187	)	$	(675,974	)	$	(209,371	)
Net loss per common share basic and diluted	$	(0.07	)	$	(0.18	)	$	(0.25	)	$	(0.29	)
Weighted average number of common shares outstanding		2,989,260			767,919			2,738,805			725,713

The accompanying notes are an integral part of the unaudited financial statements.

4

THE GO ECO GROUP

(Formally Liberated Energy, Inc)

STATEMENTS OF CASH FLOWS

FOR SIX MONTHS ENDED MARCH 31,

(Unaudited)

	2017			2016
Cash Flows From Operating Activities:
Net loss	$	(675,974	)	$	(209,371	)
Adjustments to reconcile net loss to net cash used in operating activity
Stock based compensation		291,544			--
Changes in operating assets and liabilities:
Accounts payable and accrued expense		56,702			68,153
Net cash used in operating activities		(327,728	)		(141,218	)
Cash Flows From Investing Activities
Funds designated for acquisition of EcoCab		(197,520	)		--
Cancellation of funds designated for acquisition of EcoCab		(154,196	)		--
Net cash used in Investing activities		(43,324	)		--
Cash Flows From Financing Activities:
Debt issued to pay accounts payable					8,000
Proceeds from issuance of convertible debt		416,298			127,000
Net cash provided by financing activities		416,298			135,000
Net change in cash		45,246			(6,218	)
Cash at beginning of period		1,804			16,921
Cash at end of period	$	47,050		$	10,703
Non-Cash Transactions
Common stock issued for convertible debt conversion	$	18,700		$	39,769

The accompanying notes are an integral part of the unaudited financial statements.

5

THE GO ECO GROUP

(Formally Liberated Energy, Inc)

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 – BASIS OF PRESENTATION AND ORGANIZATION

The Go Eco Group (formally Liberated Energy), Inc. (the "Company"), formerly known as Mega World Food Holdings Company is a Nevada corporation formed on September 14, 2010.

On January 19, 2013, pursuant to a Common Stock Purchase Agreement, dated January 7, 2013, Perpetual Wind Power Corporation, a privately held corporation formed under the laws of the State of Delaware on July 1, 2010, acquired 24,500,000 non-registered shares of the Company from its shareholders, thereby owning 24,500,000 out of a total of 25,000,000 issued and outstanding shares of the Company. Thereafter, the Company acquired from Perpetual Wind Power Corporation its patented wind and solar powered turbine technology for 2,500,000 newly issued shares of the Company which were distributed in a dividend to its shareholders and Perpetual Wind Power Corporation returned to treasury its 24,500,000 shares it acquired from the Company's shareholders. As a result of this transaction, the Company had on January 19, 2013, 3,000,000 shares issued and outstanding. On February 14, 2013, the Company changed its name from Mega World Food Holding Company to Liberated Energy, Inc. and underwent a 24 for 1 stock split, whereby the Company's outstanding shares increased from 3,000,000 to 72,000,000.

On January 19, 2013, the Company disposed of its wholly-owned subsidiary, Mega World Food Limited (HK).  Mega World Food Limited (HK) was incorporated on June 24, 2010 and was in the business of selling frozen vegetables in all areas of the world except China.  From inception, Mega World Food Limited (HK) only incurred setting up, formation or organization activities.  Upon disposal, the Company ceased these operations and accordingly, the Company's financial statements have been prepared with the net assets, results of operations, and cash flows of this business displayed separately as "discontinued operations."

Effective January 19, 2013, the Company's business is the sale of alternative energy products and services.

On February 4, 2015 the Company increased their number of authorized preferred shares from 10,000,000 to 100,000,000 and authorized common shares from 250,000,000 to 900,000,000.

On July 6, 2016, the Company adopted a 1-for-3,500 reverse split of the Company's common stock.

On September 14, 2016, the Company entered into an agreement with Ron Knori (Kroni) Owner of EcoCab Portland, LLC by which the Company was to acquire all outstanding ECGLLC membership interest for a 20% non-dilutive interest of the outstanding shares of the Company with the first closing of the agreement. The foregoing agreement was amended on October 11, 2016 and the Company also entered into an Addendum to the amended agreement.   The foregoing agreements and transaction described therein were not completed and were terminated as a result of the breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

On January 27, 2017, the Company reduced the authorized shares of common stock from 10,000,000,000 to 2,000,000,000 and changed the name from Liberated Energy, Inc to The Go Eco Group.

On March 6, 2017, the Company terminated the agreements with Ron Knori and EcoCab based upon breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

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Bases of Presentation

The accompanying unaudited financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required to be included in a complete set of financial statements in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three and six months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, 2017. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company's 2017 Annual Report filed with the SEC for yearend September 30, 2017.

The Company has elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements.  The adoption of this ASU allows the Company to remove the inception to date information and all references to exploration stage.

NOTE 2 – GOING CONCERN

As shown in the accompanying financial statements, the Company has a negative working capital of $931,095 and an accumulated deficit of $2,077,642 as of March 31, 2017. The Company's ability to generate net income and positive cash flows is dependent on the ability to grow its operating entity as well as the ability to raise additional capital. Management is following strategic plans to accomplish these objectives, but success is not guaranteed. These factors raise substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting

The Company maintains its books and records on the accrual basis of accounting.  The accompanying financial statements have been prepared on that basis, in which revenues and gains are recognized when earned and expenses and losses are recognized when incurred.

Use of Estimates

The presentation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and Cash Equivalents

For the purpose of the statement of cash flows, cash and cash equivalents include all cash balances, which are not subject to withdrawal restrictions or penalties, and highly liquid investments and debt instruments with a maturity of three months or less from the date of purchase.

Fair Value of Financial Instruments

Our short-term financial instruments, including cash, other assets and accounts payable and accrued expenses consist primarily of instruments without extended maturities, the fair value of which, based on management's estimates, reasonably approximate their book value. The fair value of our notes and advances payable is based on management estimates and reasonably approximates their book value based on their current maturity.

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Net Loss per Common Share

The Company computes per share amounts in accordance with Statement of Financial Accounting Standards (SFAS) ASC 260, Earnings per Share (EPS). ASC 260 requires presentation of basic and diluted EPS. Basic EPS is computed by dividing the income (loss) available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.

Stock-Based Compensation

The Company accounts for its stock based awards in accordance with Accounting Standards Codification subtopic 718-10, Compensation ("ASC 718-10"), which requires a fair value measurement and recognition of compensation expense for all share-based payment awards made to our employees and directors, including restricted stock awards. We estimate the fair value of stock using the stock price on date of the approval of the award. The fair value is then expensed over the requisite service periods of the awards, which is generally the date at which the counterparty's performance is complete and the related amount recognized in our statements of operations.

Revenue and Cost Recognition

The Company not generated revenue during the three and six months period ended March 31, 2017 and 2016. It is the Company's policy that revenue from product sales or services will be recognized in accordance with ASC 605 "Revenue Recognition". Four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product was not delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.

Income Taxes

The Company utilizes ASC 740 "Income Taxes" which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes primarily relate to the recognition of debt costs and stock based compensation expense. The adoption of ASC 740-10 did not have a material impact on the Company's results of operations or financial condition.

NOTE 4 – FAIR VALUE MEASUREMENTS

As defined in (Financial Accounting Standards Board ASC 820), fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilized the market data of similar entities in its industry or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. FASB ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).

8

The Company's financial instruments consist of cash and cash equivalents, accounts payable and accrued expenses and shareholder loans. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Financial assets and liabilities recorded at fair value in our condensed consolidated balance sheets are categorized based upon a fair value hierarchy established by GAAP, which prioritizes the inputs used to measure fair value into the following levels:

Level 1— Quoted market prices in active markets for identical assets or liabilities at the measurement date.

Level 2— quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data.

Level 3— Inputs reflecting management's best estimates and assumptions of what market participants would use in pricing assets or liabilities at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments.

A financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

NOTE 5 – RELATED PARTY

On February 4, 2015, the Company issued to an officer and director of the Company 10,000,000 shares with a value of $10,000 of series A preferred stock for service. Each share has 10 votes on all matters of the Company in which the shareholders can vote.

NOTE 6 – EQUITY

During the six months ended March 31, 2016 the Company issued 1,650,000 shares of commons stock with a value of $275,500 to four entities for services.

During the six months ended March 31, 2016 the Company received 1,000,000 shares back for an entity and issued 90,000 as its replacement for a note payable and unissued stock

During the six months ended March 31, 2017 the Company issued 433,835 shares of common stock to Carebourn Capital with a value of $18,700 for convertible debt.

NOTE 7 – CONVERTIBLE DEBT

On October 13, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $237,475 less an original discount of $30,975 plus transaction fees of $6,500 for a net advanced of $200,000.  The note bears an interest rate of 12% per annum. The note matures on October 3, 2017.  The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion. On September 15, 2016 $85,000 was returned to Carebourn reducing the principal balance to $115,114.

On December 13, 2016, the Company issued a Convertible Note to Power Up Lending Group Ltd for a principle amount of $77,000 less legal fees of $2,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on September 28, 2017.  The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion.

9

On December 13, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $98,325 less an original discount of $12,825 for a net advanced of $80,000.  The note bears an interest rate of 12% per annum. The note matures on December 13, 2018.  The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion.

On February 28, 2017, the Company issued a Convertible Note to Power Up Lending Group Ltd for a principle amount of $33,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on December 5, 2017.  The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion.

On September 15, 2016, LG Capital, LLC filed a lawsuit against the Company. The filing alleges that the Company has defaulted on several unpaid loans from LG Capital to the Company with the total claim against the Company of $279,730.56. The Company negotiated in good faith with LG Capital to settle the debt but to no avail. After reviewing the claim filed by LG Capital, it is the opinion of Company Management that the Company's outstanding liability to LG Capital has been fully recognized and accounted for in the financial statements of the Company.

NOTE 8 – RECEIVABLES

The Company designated $197,520 as part of the acquisition of EcoCab as per the agreement dated October 11, 2016. As the agreements were terminated by the Company, the Company cancelled the designation due to the failure of EcoCab meeting the agreements' requirements.

During the six months period ended March 31, 2017, the Company designated $197,520 in cash for the acquisition of EcoCab and withdrew $154,196 thereof from the designation leaving a balance due the Company as of March 31, 2017 of $43,324.

NOTE 9 – SUBSEQUENT EVENTS

Management has reviewed all events as of May 15, 2017 and has determined there are no subsequent reportable events.

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

FORWARD LOOKING INFORMATION

This section and other parts of this Form 10-Q quarterly report includes "forward-looking statements", that involves risks and uncertainties. All statements other than statements of historical facts, included in this Form 10-Q that address activities, events, or developments that we expect or anticipate will or may occur in the future, including such things as future capital expenditures (including the amount and nature thereof), business strategy and measures to implement strategy, competitive strength, goals, expansion and growth of our business and operations, plans, references to future success, reference to intentions as to future matters, and other such matters are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. These statements are based upon certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments as well as other factors that we believe are appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks, uncertainties, and other factors, many of which are beyond our control.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, we do not assume responsibility for the accuracy and completeness of such forward-looking statements. We are under no duty to update any of the forward-looking statements after the date of this report to conform such statements to actual results.

Overview

Go Eco Group, (formally Liberated Energy), Inc. is a Nevada corporation formed on September 14, 2011.  We were incorporated as Mega World Food Holding Company for the purpose of selling frozen vegetable products in all areas of the world except China.

On January 19, 2013, pursuant to a Common Stock Purchase Agreement, dated January 7, 2013, Perpetual Wind Power Corporation, a privately held corporation formed under the laws of the State of Delaware on July 1, 2010, acquired 24,500,000 non-registered shares of the Company from its shareholders, thereby owning 24,500,000 out of a total of 25,000,000 issued and outstanding shares of the Company. Thereafter, the Company acquired from Perpetual Wind Power Corporation its patented wind and solar powered turbine technology for 2,500,000 newly issued shares of the Company which were distributed in a dividend to its shareholders and Perpetual Wind Power Corporation returned to treasury its 24,500,000 shares it acquired from the Company's shareholders. As a result of this transaction, the Company had on January 19, 2013, 3,000,000 shares issued and outstanding. On February 14, 2013, the Company changed its name from Mega World Food Holding Company to Liberated Energy, Inc. and underwent a 24 for 1 stock split, whereby the Company's outstanding shares increased from 3,000,000 to 72,000,000.

On February 4, 2015 the Company increased their number of authorized preferred shares from 10,000,000 to 100,000,000 and authorized common shares from 250,000,000 to 900,000,000.

On July 6, 2016, the Company affected a 1-for-3,500 reverse split of the Company's common stock.

On September 14, 2016, the Company entered into an agreement with Ron Knori (Kroni) Owner of EcoCab Portland, LLC by which the Company was to acquire all outstanding ECGLLC membership interest for a 20% non-dilutive interest of the outstanding shares of the Company with the first closing of the agreement. The foregoing agreement was amended on October 11, 2016 and the Company also entered into an Addendum to the amended agreement.   The foregoing agreements and transaction described therein were not completed and were terminated as a result of the breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

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On January 27, 2017, the Company reduced the authorized shares of common stock from 10,000,000,000 to 2,000,000,000 and changed the name from Liberated Energy, Inc to The Go Eco Group.

On March 6, 2017, the Company terminated the agreements with Ron Knori and EcoCab based upon breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

The Company designated $197,520 as part of the acquisition of EcoCab as per the agreement dated October 11, 2016. As the agreements were terminated by the Company, the Company cancelled the designation due to the failure of EcoCab meeting the agreements' requirements.

During the six months period ended March 31, 2017, the Company designated $197,520 in cash for the acquisition of EcoCab and withdrew $154,196 thereof from the designation leaving a balance due the Company as of March 31, 2017 of $43,324.

Results of Operations

Revenue

During the three and six months ended March 31, 2017 and 2016 the Company had no revenue.

Operation and Administrative Expenses

During the three and six months ended March 31, 2017 the Company incurred general and administrative expense of $225,855 and $587,979 compared to $116,727 and $176,119 in the same period in 2016, respectively. Higher costs in the period ending March 31, 2017 over the same period in 2016 was attributed to stock base compensation in 2017 of $291,544 incurred in 2017.

Other Income (Expense)

During the three and six months ended March 31, 2017 the Company incurred other income of $11,386 and other expense of $87,995 compared to $19,460 and $33,253 in the same period in 2016.

Net Loss

The net loss for the three and six months ended March 31, 2017 was $214,469 and $675,974 compared to $136,187 and $209,371 for the same periods in 2016, respectively.

Liquidity and Capital Resources

The Company has current assets of $90,374 and current liabilities of $1,021,469 resulting in negative working capital of $931,095. This compares to negative working capital of $565,365 for the period ended September 30, 2016. The increase in negative working capital to March 31, 2017 is attributed to higher costs in 2017 over 2016.

Funds used in operating activities was $327,728 for the six months ended March 31, 2017 compared to funds used of $141,218 for the same period in 2016. The stock based compensation contributed to the majority of the higher use of funds in 2017 over 2016.

Funds used in investing activities for the six months ended March 31, 2017 was $43,324 compared to zero for the same period in 2016. The Company invested through loans to EcoCab as part of the agreement made in October 2017. The investing amount is the net balance as of March 31, 2017 from the initial amount invested of $182,500 less the amount repaid of $139,196.

Fund provided by financing activities for the six month period ended March 31, 2017 was $416,298 compared to $135,000 for the same period in 2016. The Company issued convertible debt of for its financing activity in both 2017 and 2016.

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Off-Balance Sheet Arrangements

The Company does not have any relationships with un entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities, which would have been established for the purpose of facilitating off-balance sheet financial arrangements.

ITEM 3.          QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Market risk is the risk of loss from adverse changes in market prices and rates. The Company's market risk arises primarily from the fact that the area in which we do business is highly competitive and constantly evolving. The market in which we do business is highly competitive and constantly evolving. We face competition from the larger and more established companies, from companies that have greater resources, including but not limited to, more money, and greater ability to expand their markets also cut into our potential customers. Many of our competitors have longer operating histories, significantly greater financial strength, nationwide advertising coverage and other resources that we do not have.

ITEM 4.          CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Based on their evaluation of our disclosure controls and procedures(as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the "Exchange Act"), our principal executive officer and principal financial officer have concluded that as of the end of the period covered by this quarterly report on Form 10-Q such disclosure controls and procedures were not effective due to the lack of segregation of duties and lack of a formal review process that includes multiple levels of review to ensure that information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms because of the identification of a material weakness in our internal control over financial reporting which we view as an integral part of our disclosure controls and procedures. The material weakness relates to the lack of segregation of duties in financial reporting, as our financial reporting and all accounting functions are performed by an external consultant with no oversight by a professional with accounting expertise.  Our CEO /CFO do not possess accounting expertise and our company does not have an audit committee.  This weakness is due to the company's lack of working capital to hire additional staff.  To remedy this material weakness, we intend to engage another accountant to assist with financial reporting as soon as our finances will allow.

Changes in Internal Control over Financial Reporting

Except as noted above, there have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our six months period ended March 31, 2017 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

ITEM 1.          LEGAL PROCEEDINGS

On September 15, 2016, LG Capital, LLC filed a lawsuit against the Company. The filing alleges that the Company has defaulted on several unpaid loans from LG Capital to the Company with the total claim against the Company of $279,730.56. The Company negotiated in good faith with LG Capital to settle the debt but to no avail. After reviewing the claim filed by LG Capital, it is the opinion of Company Management that the Company's outstanding liability to LG Capital has been fully recognized and accounted for in the financial statements of the Company.

13

ITEM 1A.       RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities and Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 2.          UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

During the six months ended March 31, 2016 the Company issued 1,650,000 shares of commons stock with a value of $275,500 to four entities for services.

During the six months ended March 31, 2016 the Company received 1,000,000 shares back for an entity and issued 90,000 as its replacement for a note payable and unissued stock.

During the six months ended March 31, 2017 the Company issued 433,835 shares of common stock to Carebourn Capital with a value of $18,699 for convertible debt.

ITEM 3.          DEFAULT UPON SENIOR SECURITIES

None

ITEM 4.          MINE SAFETY DISCLOSURES

Not Applicable.

ITEM 5.          OTHER INFORMATION

None

14

ITEM 6.          EXHIBITS.

		Incorporated by Reference
Exhibit
Number	Exhibit Description	Form	Filing Date
3.1	Articles of Incorporation as filed with the Nevada Secretary of State dated September 14, 2010	S-1	12/08/2010
3.2	Amended Articles of Incorporation as filed with the Nevada Secretary of State dated February 6, 2013	8-K	02/07/2013
3.3	Certificate of Change as filed with the Nevada Secretary of State dated February 6, 2013	8-K	02/07/2013
3.4	By-laws	S-1	12/08/2010
3.5	Amended Articles of Incorporation dated March 17, 2014 as filed with the Secretary of State in Nevada on March 17, 2014	8-K	03/17/2014
3.6	Amended Articles of Incorporation dated January 17, 2017	8-K	01/30/2017
10.1	Patent Acquisition Agreement dated January 23, 2013	8-K	01/24/2013
10.2	Stock Exchange Agreement to acquire EcoCab LLC	8-K	09/20/2016
10.3	Promissory Note dated September 7, 2016 – Carebourn Capital, L.P.	8-K	09/20/2016
10.4	Promissory Note dated September 16, 2016 – Carebourn Capital, L.P.	8-K	09/20/2016
10.5	Addendum #1 to Amended and Restated Stock Exchange Agreement	8-K/A-1	10/17/2016
10.6	Assignment of LLC Membership Interest	8-K/A-2	11/17/2016
31.1*	Certification of Chief Executive and Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended.
32.1*	Certification of Chief Executive and Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002.
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase
101.DEF*	XBRL Taxonomy Extension Definition Linkbase
101.LAB*	XBRL Taxonomy Extension Label Linkbase
101.PRE*	Taxonomy Extension Presentation Linkbase

* Filed with this Form 10-Q.

15

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	THE GO ECO GROUP
	(formerly, Liberated Energy, Inc.) (the "Registrant")
Date: May 15, 2017	By:	BRIAN CONWAY
		Brian Conway
		President, Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer, and a member of the Board of Directors

16

EXHIBIT INDEX

		Incorporated by Reference
Exhibit
Number	Exhibit Description	Form	Filing Date
3.1	Articles of Incorporation as filed with the Nevada Secretary of State dated September 14, 2010	S-1	12/08/2010
3.2	Amended Articles of Incorporation as filed with the Nevada Secretary of State dated February 6, 2013	8-K	02/07/2013
3.3	Certificate of Change as filed with the Nevada Secretary of State dated February 6, 2013	8-K	02/07/2013
3.4	By-laws	S-1	12/08/2010
3.5	Amended Articles of Incorporation dated March 17, 2014 as filed with the Secretary of State in Nevada on March 17, 2014	8-K	03/17/2014
3.6	Amended Articles of Incorporation dated January 17, 2017	8-K	01/30/2017
10.1	Patent Acquisition Agreement dated January 23, 2013	8-K	01/24/2013
10.2	Stock Exchange Agreement to acquire EcoCab LLC	8-K	09/20/2016
10.3	Promissory Note dated September 7, 2016 – Carebourn Capital, L.P.	8-K	09/20/2016
10.4	Promissory Note dated September 16, 2016 – Carebourn Capital, L.P.	8-K	09/20/2016
10.5	Addendum #1 to Amended and Restated Stock Exchange Agreement	8-K/A-1	10/17/2016
10.6	Assignment of LLC Membership Interest	8-K/A-2	11/17/2016
31.1*	Certification of Chief Executive and Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended.
32.1*	Certification of Chief Executive and Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002.
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase
101.DEF*	XBRL Taxonomy Extension Definition Linkbase
101.LAB*	XBRL Taxonomy Extension Label Linkbase
101.PRE*	Taxonomy Extension Presentation Linkbase

* Filed with this Form 10-Q.

17

EX-31.1

Exhibit 31.1

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Brian Conway, certify that:

1. I have reviewed this Form 10-Q for the quarter ending December 31, 2016 of The Go Eco Group (formerly, Liberated Energy, Inc.);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	May 15, 2017	BRIAN CONWAY
		Brian Conway
		Principal Executive Officer and Principal Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. Section 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of The Go Eco Group (formerly, Liberated Energy, Inc.) (the "Company") on Form 10-Q for the period ended December 31, 2016 as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Brian Conway, Chief Executive Officer and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 15^th day of May, 2017.

BRIAN CONWAY

Brian Conway

Chief Executive Officer and Chief Financial Officer

XML

Document And Entity Information - USD ($)	6 Months Ended
	Mar. 31, 2017	May 15, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Go Eco Group
Document Type	10-Q
Current Fiscal Year End Date	--09-30
Entity Common Stock, Shares Outstanding		3,202,667
Entity Public Float		$ 0
Amendment Flag	false
Entity Central Index Key	0001503161
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2

XML

BALANCE SHEET - USD ($)	Mar. 31, 2017	Sep. 30, 2016
Current assets
Cash	$ 47,050	$ 1,804
Receivable EcoCab	43,324
Total current assets	90,374	1,804
Total assets	90,374	1,804
Current liabilities
Accounts payable and accrued expense	106,135	49,433
Convertible notes payable	915,334	517,736
Total liabilities	1,021,469	567,169
Stockholders' deficit
Preferred shares, par value $0.001. 100,000,000 authorized; 10,000,000 issued and outstanding	10,000	10,000
Common stock, par value $0.001, authorized 2,000,000,000, issued and outstanding 3,202,667 and 1,888,832 as of March 31, 2017 and September 30, 2016, respectively	3,202	1,889
Additional paid-in capital	1,133,345	824,414
Accumulated deficit	(2,077,642)	(1,401,668)
Total stockholders' deficit	(931,095)	(565,365)
Total liabilities and stockholders' equity(deficit)	$ 90,374	$ 1,804

XML

BALANCE SHEET (Parentheticals) - $ / shares	Mar. 31, 2017	Sep. 30, 2016
Preferred shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred shares, shares authorized	100,000,000	100,000,000
Preferred shares, shares issued	10,000,000	10,000,000
Preferred shares, shares outstanding	10,000,000	10,000,000
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, authorized	2,000,000,000	2,000,000,000
Common stock, issued	3,202,667	1,888,832
Common stock, outstanding	3,202,667	1,888,832

XML

STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Operating expenses:
Selling, general and administrative expenses	$ 225,855	$ 116,727	$ 587,979	$ 176,119
Loss from operations	(225,855)	(116,727)	(587,979)	(176,119)
Other Income(expense)
Other income	1		5
Gain(loss) on debt adjustment	29,503		29,503
Note discount fees			(57,800)
Interest expense	(18,118)	(19,460)	(59,703)	(33,253)
Total other income (expense)	11,386	(19,460)	(87,995)	(33,253)
Net loss	$ (214,469)	$ (136,187)	$ (675,974)	$ (209,371)
Net loss per common share basic and diluted (in Dollars per share)	$ (0.07)	$ (0.18)	$ (0.25)	$ (0.29)
Weighted average number of common shares outstanding (in Shares)	2,989,260	767,919	2,738,805	725,713

XML

STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows From Operating Activities:
Net loss	$ (675,974)	$ (209,371)
Adjustments to reconcile net loss to net cash used in operating activity
Stock based compensation	291,544
Changes in operating assets and liabilities:
Accounts payable and accrued expense	56,702	68,153
Net cash used in operating activities	(327,728)	(141,218)
Cash Flows From Investing Activities
Funds designated for acquisition of Eco Cab	(197,520)
Cancellation of funds designated for acquisition of Eco Cab	(154,196)
Net cash used in Investing activities	(43,324)
Cash Flows From Financing Activities:
Debt issued to pay accounts payable		8,000
Proceeds from issuance of convertible debt	416,298	127,000
Net cash provided by financing activities	416,298	135,000
Net change in cash	45,246	(6,218)
Cash at beginning of period	1,804	16,921
Cash at end of period	47,050	10,703
Non-Cash Transactions
Common stock issued for convertible debt conversion	$ 18,700	$ 39,769

XML

NOTE 1 - BASIS OF PRESENTATION AND ORGANIZATION

6 Months Ended

Mar. 31, 2017

Disclosure Text Block [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

NOTE 1 – BASIS OF PRESENTATION AND ORGANIZATION

The Go Eco Group (formally Liberated Energy), Inc. (the "Company"), formerly known as Mega World Food Holdings Company is a Nevada corporation formed on September 14, 2010.

On January 19, 2013, pursuant to a Common Stock Purchase Agreement, dated January 7, 2013, Perpetual Wind Power Corporation, a privately held corporation formed under the laws of the State of Delaware on July 1, 2010, acquired 24,500,000 non-registered shares of the Company from its shareholders, thereby owning 24,500,000 out of a total of 25,000,000 issued and outstanding shares of the Company. Thereafter, the Company acquired from Perpetual Wind Power Corporation its patented wind and solar powered turbine technology for 2,500,000 newly issued shares of the Company which were distributed in a dividend to its shareholders and Perpetual Wind Power Corporation returned to treasury its 24,500,000 shares it acquired from the Company's shareholders. As a result of this transaction, the Company had on January 19, 2013, 3,000,000 shares issued and outstanding. On February 14, 2013, the Company changed its name from Mega World Food Holding Company to Liberated Energy, Inc. and underwent a 24 for 1 stock split, whereby the Company's outstanding shares increased from 3,000,000 to 72,000,000.

On January 19, 2013, the Company disposed of its wholly-owned subsidiary, Mega World Food Limited (HK).  Mega World Food Limited (HK) was incorporated on June 24, 2010 and was in the business of selling frozen vegetables in all areas of the world except China.  From inception, Mega World Food Limited (HK) only incurred setting up, formation or organization activities.  Upon disposal, the Company ceased these operations and accordingly, the Company's financial statements have been prepared with the net assets, results of operations, and cash flows of this business displayed separately as "discontinued operations."

Effective January 19, 2013, the Company's business is the sale of alternative energy products and services.

On February 4, 2015 the Company increased their number of authorized preferred shares from 10,000,000 to 100,000,000 and authorized common shares from 250,000,000 to 900,000,000.

On July 6, 2016, the Company adopted a 1 for 3,500 reverse split of the Company's common stock.

On September 14, 2016, the Company entered into an agreement with Ron Knori (Kroni) Owner of EcoCab Portland, LLC by which the Company was to acquire all outstanding ECGLLC membership interest for a 20% non-dilutive interest of the outstanding shares of the Company with the first closing of the agreement. The foregoing agreement was amended on October 11, 2016 and the Company also entered into an Addendum to the amended agreement.   The foregoing agreements and transaction described therein were not completed and were terminated as a result of the breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

On January 27, 2017, the Company reduced the authorized shares of common stock from 10,000,000,000 to 2,000,000,000 and changed the name from Liberated Energy, Inc to The Go Eco Group.

On March 6, 2017, the Company terminated the agreements with Ron Knori and EcoCab based upon breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

Bases of Presentation

The accompanying unaudited financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required to be included in a complete set of financial statements in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three and six months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, 2017. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company's 2017 Annual Report filed with the SEC for yearend September 30, 2017.

The Company has elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements.  The adoption of this ASU allows the Company to remove the inception to date information and all references to exploration stage.

XML

NOTE 2 - GOING CONCERN

6 Months Ended

Mar. 31, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Substantial Doubt about Going Concern [Text Block]

NOTE 2 – GOING CONCERN

As shown in the accompanying financial statements, the Company has a negative working capital of $931,095 and an accumulated deficit of $2,077,642 as of March 31, 2017. The Company's ability to generate net income and positive cash flows is dependent on the ability to grow its operating entity as well as the ability to raise additional capital. Management is following strategic plans to accomplish these objectives, but success is not guaranteed. These factors raise substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.

XML

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Mar. 31, 2017

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting

The Company maintains its books and records on the accrual basis of accounting.  The accompanying financial statements have been prepared on that basis, in which revenues and gains are recognized when earned and expenses and losses are recognized when incurred.

Use of Estimates

The presentation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and Cash Equivalents

For the purpose of the statement of cash flows, cash and cash equivalents include all cash balances, which are not subject to withdrawal restrictions or penalties, and highly liquid investments and debt instruments with a maturity of three months or less from the date of purchase.

Fair Value of Financial Instruments

Our short-term financial instruments, including cash, other assets and accounts payable and accrued expenses consist primarily of instruments without extended maturities, the fair value of which, based on management's estimates, reasonably approximate their book value. The fair value of our notes and advances payable is based on management estimates and reasonably approximates their book value based on their current maturity.

Net Loss per Common Share

The Company computes per share amounts in accordance with Statement of Financial Accounting Standards (SFAS) ASC 260, Earnings per Share (EPS). ASC 260 requires presentation of basic and diluted EPS. Basic EPS is computed by dividing the income (loss) available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.

Stock-Based Compensation

The Company accounts for its stock based awards in accordance with Accounting Standards Codification subtopic 718-10, Compensation ("ASC 718-10"), which requires a fair value measurement and recognition of compensation expense for all share-based payment awards made to our employees and directors, including restricted stock awards. We estimate the fair value of stock using the stock price on date of the approval of the award. The fair value is then expensed over the requisite service periods of the awards, which is generally the date at which the counterparty's performance is complete and the related amount recognized in our statements of operations.

Revenue and Cost Recognition

The Company not generated revenue during the three and six months period ended March 31, 2017 and 2016. It is the Company's policy that revenue from product sales or services will be recognized in accordance with ASC 605 "Revenue Recognition". Four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product was not delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.

Income Taxes

The Company utilizes ASC 740 "Income Taxes" which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes primarily relate to the recognition of debt costs and stock based compensation expense. The adoption of ASC 740-10 did not have a material impact on the Company's results of operations or financial condition.

XML

NOTE 4 - FAIR VALUE MEASUREMENTS

6 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

NOTE 4 – FAIR VALUE MEASUREMENTS

As defined in (Financial Accounting Standards Board ASC 820), fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilized the market data of similar entities in its industry or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. FASB ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).

The Company's financial instruments consist of cash and cash equivalents, accounts payable and accrued expenses and shareholder loans. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Financial assets and liabilities recorded at fair value in our condensed consolidated balance sheets are categorized based upon a fair value hierarchy established by GAAP, which prioritizes the inputs used to measure fair value into the following levels:

Level 1— Quoted market prices in active markets for identical assets or liabilities at the measurement date.

Level 2— quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data.

Level 3— Inputs reflecting management's best estimates and assumptions of what market participants would use in pricing assets or liabilities at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments.

A financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

XML

NOTE 5 - RELATED PARTY

6 Months Ended

Mar. 31, 2017

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE 5 – RELATED PARTY

On February 4, 2015, the Company issued to an officer and director of the Company 10,000,000 shares with a value of $10,000 of series A preferred stock for service. Each share has 10 votes on all matters of the Company in which the shareholders can vote.

XML

NOTE 6 - EQUITY

6 Months Ended

Mar. 31, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 6 – EQUITY

During the six months ended March 31, 2016 the Company issued 1,650,000 shares of commons stock with a value of $275,500 to four entities for services.

During the six months ended March 31, 2016 the Company received 1,000,000 shares back for an entity and issued 90,000 as its replacement for a note payable and unissued stock

During the six months ended March 31, 2017 the Company issued 433,835 shares of common stock to Carebourn Capital with a value of $18,700 for convertible debt.

XML

NOTE 7 - CONVERTIBLE DEBT

6 Months Ended

Mar. 31, 2017

Table Text Block Supplement [Abstract]

Convertible Debt [Table Text Block]

NOTE 7 – CONVERTIBLE DEBT

On October 13, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $237,475 less an original discount of $30,975 plus transaction fees of $6,500 for a net advanced of $200,000.  The note bears an interest rate of 12% per annum. The note matures on October 3, 2017.  The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion. On September 15, 2016 $85,000 was returned to Carebourn reducing the principal balance to $115,114.

On December 13, 2016, the Company issued a Convertible Note to Power Up Lending Group Ltd for a principle amount of $77,000 less legal fees of $2,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on September 28, 2017.  The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion.

On December 13, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $98,325 less an original discount of $12,825 for a net advanced of $80,000.  The note bears an interest rate of 12% per annum. The note matures on December 13, 2018.  The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion.

On February 28, 2017, the Company issued a Convertible Note to Power Up Lending Group Ltd for a principle amount of $33,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on December 5, 2017.  The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion.

On September 15, 2016, LG Capital, LLC filed a lawsuit against the Company. The filing alleges that the Company has defaulted on several unpaid loans from LG Capital to the Company with the total claim against the Company of $279,730.56. The Company negotiated in good faith with LG Capital to settle the debt but to no avail. After reviewing the claim filed by LG Capital, it is the opinion of Company Management that the Company's outstanding liability to LG Capital has been fully recognized and accounted for in the financial statements of the Company.

XML

NOTE 8 - RECEIVABLES

6 Months Ended

Mar. 31, 2017

Policy Text Block [Abstract]

Receivables, Policy [Policy Text Block]

NOTE 8 – RECEIVABLES

The Company designated $197,520 as part of the acquisition of Eco Cab as per the agreement dated October 11, 2016. As the agreements were terminated by the Company, the Company cancelled the designation due to the failure of Eco Cab meeting the agreement requirements.

During the six months period ended March 31, 2017 the Company designated $197,520 in cash for the acquisition of Eco Cab withdrew $154,196 thereof from the designation leaving a balance due the Company as of March 31, 2017 of $43,324.

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NOTE 9 - SUBSEQUENT EVENTS

6 Months Ended

Mar. 31, 2017

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 9 – SUBSEQUENT EVENTS

Management has reviewed all events as of May 15, 2017 and has determined there are no subsequent reportable events.

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NOTE 1 - BASIS OF PRESENTATION AND ORGANIZATION (Details)	1 Months Ended	6 Months Ended		9 Months Ended
	Jan. 19, 2013 shares	Mar. 31, 2016 shares	Mar. 31, 2014 shares	Jul. 06, 2016	Jul. 05, 2016	Mar. 31, 2017 shares	Jan. 27, 2017 shares	Jan. 26, 2017 shares	Sep. 30, 2016 shares	Feb. 04, 2015 shares	Feb. 03, 2015 shares
Disclosure Text Block [Abstract]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			24,500,000
Stock Issued During Period, Shares, New Issues		90,000	2,500,000
Treasury Stock, Shares, Retired			24,500,000
Common Stock, Shares, Issued	3,000,000					3,202,667			1,888,832
Stockholders' Equity Note, Stock Split, Conversion Ratio	24
Stock Issued During Period, Shares, Stock Splits	72,000,000
Preferred Stock, Shares Authorized						100,000,000			100,000,000	100,000,000	10,000,000
Common Stock, Shares Authorized						2,000,000,000	2,000,000,000	10,000,000,000	2,000,000,000	900,000,000	250,000,000
Stockholders' Equity, Reverse Stock Split				3,500	1

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NOTE 2 - GOING CONCERN (Details) - USD ($)	Mar. 31, 2017	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working Capital	$ 931,095
Retained Earnings (Accumulated Deficit)	$ (2,077,642)	$ (1,401,668)

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NOTE 5 - RELATED PARTY (Details)	6 Months Ended
	Mar. 31, 2015 USD ($) shares
Related Party Transactions [Abstract]
Preferred Stock Issued During Period, Preferred Shares, Issued for Services | shares	10,000,000
Preferred Stock Issued During Period, Value, Issued for Services | $	$ 10,000
Preferred Stock, Voting Rights	10

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NOTE 6 - EQUITY (Details) - USD ($)	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2014
Stockholders' Equity Note [Abstract]
Stock Issued During Period, Shares, Issued for Services		1,650,000
Stock Issued During Period, Value, Issued for Services (in Dollars)		$ 275,500
Stock Repurchased and Retired During Period, Shares		1,000,000
Stock Issued During Period, Shares, New Issues		90,000	2,500,000
Debt Conversion, Converted Instrument, Shares Issued	433,835
Debt Conversion, Converted Instrument, Amount (in Dollars)	$ 18,700	$ 39,769

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NOTE 7 - CONVERTIBLE DEBT (Details) - USD ($)					1 Months Ended	6 Months Ended		12 Months Ended
	Feb. 28, 2017	Dec. 14, 2016	Dec. 13, 2016	Oct. 03, 2016	Sep. 15, 2016	Mar. 31, 2017	Mar. 31, 2016	Sep. 16, 2016
Table Text Block Supplement [Abstract]
Debt Instrument, Face Amount	$ 33,000	$ 98,325	$ 77,000	$ 237,475
Amortization of Debt Discount (Premium)		12,825		30,975
Debt Issuance Costs, Net				6,500
Proceeds from Convertible Debt		$ 80,000		$ 200,000		$ 416,298	$ 127,000
Debt Instrument, Interest Rate, Effective Percentage		12.00%	8.00%	12.00%
Debt Instrument, Convertible Discount Percentage	48.00%	45.00%	48.00%	45.00%
Repayments of Convertible Debt								$ 85,000
Convertible Notes Payable								$ 115,114
Legal Fees			$ 2,000
Debt Instrument, Interest Rate, Default Precentage Rate	22.00%		22.00%
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Loss Contingency, Damages Sought					$279,730.56

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NOTE 8 - RECEIVABLES (Details) - USD ($)	6 Months Ended
	Mar. 31, 2017	Oct. 11, 2016
Policy Text Block [Abstract]
Accounts Receivable, Net		$ 197,520
Business Combination, Funds Designated for Acquisition	$ 197,520
Business Combination, Reclassification of Funds for Acquisition	(154,196)
Business Combination, Acquisition Receivable	$ 43,324