Notes Payable to 3rd Party

12 Months Ended

Sep. 30, 2016

Notes to Financial Statements

Note 6 - Notes Payable to 3rd Party

There was a series of convertible loans taken out during the year which were generally one year term with interest rates from 9% to 12.5% and a conversion provision that allowed the lenders to convert the debt to common stock at a ratio based on the lowest market trading price of the stock during the prior 20 day period. Outstanding balance due on these note is $95,126 at September 30, 2016.