NOTE 3 - FAIR VALUE MEASUREMENT

12 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Fair Value Measurement

NOTE 3 – FAIR VALUE MEASUREMENT

FASB ASC 820, Fair Value Measurements and Disclosures, ("ASC 820") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a fair value hierarchy that prioritizes the inputs used in valuation methodologies into three levels:

Level 1:   Quoted prices in active markets for identical assets or liabilities.      

Level 2:   Significant other inputs that are directly or indirectly observable in the marketplace.    

Level 3:   Significant unobservable inputs which are supported by little or no market activity.

The following table presents information about the Company’s assets that are measured at fair value as of September 30, 2019 and 2018, and indicates the fair value hierarchy of the valuation.

		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)	Balance as of September 30, 2019
Marketable Securities:
Publicly held equity securities	$	1,156,108	-	-	1,156,108
Total		1,156,108	-	-	1,156,108

		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)	Balance as of September 30, 2018
Marketable Securities:
Publicly held equity securities	$	830,331	-	-	830,331
Total		830,331	-	-	830,331