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Subsequent Events
9 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Note 14 - Subsequent Events

On July 7, 2017 the Company issued a 10% Convertible Promissory Note in the aggregate amount of $53,000. This note matures on May 15, 2018 and is convertible at 58% of the Average of the lowest 2 trading days trading price for the 15 days prior to the conversion date. The Company received $50,000 in net proceeds from this transaction which the Company used for general working capital.

 

On July 11, 2017 the Company issued an 8 % Convertible Promissory Note in the aggregate amount of $250,000 which will fund in 5 tranches of $45,000 each. This note matures on May 10, 2018 and is convertible at 55% of the lowest trading price for the 25 days prior to the conversion date. The Company received $43,000 in net proceeds from the 1st tranche transaction which the Company used for general working capital and expects to receive 4 additional tranches of $43,000 each every 30 days.

 

In the period from June 30, 2017 to August 23, 2017 there has been the following stock transactions:

 

Balance at June 30, 2017       35,071,862  
Issued for Debt Conversion     12,397,998  
Issued Reduction of liabilities     45,000,000  
Purchased and retired     1,500,000  
Ending balance August 23, 2017:     90,969,860