2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Intangible Assets (Policies)

12 Months Ended

Sep. 30, 2019

Policies

Intangible Assets

Intangible Assets

Intangible assets have either an identifiable or indefinite useful life. Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, whichever is shorter. The Company’s amortizable intangible asset consists of customer list which, recognized as a result of the acquisition of NuZee JAPAN Co., Ltd..

As of September 30, 2019, the Company evaluated its intangible asset and as a result of this evaluation the balance was written off.

	September 30, 2019
	Gross Carrying	Accumulated	Net Carrying
	Amount	Amortization	Amount
Amortized intangible assets:
Customer List	$ 57,374	($57,374)	-
Total	$ 57,374	($57,374)	-

Aggregate amortization expense for the years ended September 30, 2019, and September 30, 2018, totaled $34,424 and $11,475, respectively.