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Related Party Transactions
12 Months Ended
Sep. 30, 2017
Notes  
Related Party Transactions

NOTE 7 - RELATED PARTY TRANSACTIONS

 

At September 30, 2017, an affiliate has paid expenses on behalf of the Company in the amount of $14,150. The loans are unsecured, payable on demand, and carry no interest.

 

At September 30, 2016, a former officer had loaned the Company $45. The loan was unsecured, payable on demand, and carried no interest.

 

At June 30, 2017, a related party provided the Company with a memo stating that he had paid the amount due to Island Capital Management of $7,000, and had been paid back by the former President personally. The $7,000 was booked against Accounts Payable, and was included in the Shareholder loan amount that was released at June 30, 2017.

 

The Company does not own or rent any property. The office space is provided by the CEO at no charge.