Convertible Notes Payable

9 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Note 6 - Convertible Notes Payable

During the nine months ended June 30, 2016, the Company issued convertible notes payable totaling $232,346 in exchange for $127,000 cash and $105,346 expenses. These convertible notes payable bear interest rate between 10% to 12% and are convertible at a rate of $.001 per share. The note maturity date ranges between July 6, 2016 and March 3, 2017. Notes payable discount of $218,968 was also recorded and will be amortized over the terms of the convertible notes payable. As of June 30, 2016, the Company has converted $103,240 of the convertible notes payable into common stock. (See Note 7.)