XML 34 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (79,656) $ (4,219,920)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2,191 2,191
Amortization 75,262 49,701
Interest expense waived by shareholder as capital contribution 0 52,095
Changes in assets and liabilities:    
Prepaid expenses 0 (124,964)
Other payables 1,044 168
Net cash used in operating activities (1,159) (4,240,729)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Collection of note receivable 0 3,925,000
Net cash provided by investing activities 0 3,925,000
NET DECREASE IN CASH AND EQUIVALENTS (1,159) (315,729)
CASH AND EQUIVALENTS, BEGINNING OF YEAR 103,364 419,093
CASH AND EQUIVALENTS, END OF YEAR 102,205 103,364
Supplemental cash flow data:    
Income tax paid 800 800
Interest paid 0 105,338
Supplemental disclosure of non-cash financing activities:    
Interest waived by related party as capital contribution 0 52,095
Note payable converted into shares $ 0 $ 6,869,818