Income Taxes (Tables)

3 Months Ended

Dec. 31, 2016

Income Taxes Tables

Schedule of Components of Income Tax Expense

The difference between the expected income tax expense (benefit) and the actual tax expense (benefit) computed by using the Federal statutory rate of 34% is as follows:

	For the Three Months Ended December 31,
	2016			2015
Expected income tax benefit at statutory rate of 34%	$	77,800		$	62,800
Change in valuation allowance		(77,800	)		(62,800	)
Income tax expense (benefit)	$	0		$	0

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities are provided for significant income and expense items recognized in different years for tax and financial reporting purposes. Temporary differences, which give rise to a net deferred tax asset, are as follows:

Deferred tax assets:	December 31, 2016			September 30, 2016
Tax benefit of net operating loss carry-forward	$	643,000		$	568,900
Book and tax difference for amortization of intangibles		52,000			48,400
Less: valuation allowance		(695,000	)		(617,300	)
Net deferred tax asset	$	0		$	0