Concentrations

12 Months Ended

Sep. 30, 2019

Risks and Uncertainties [Abstract]

CONCENTRATIONS

NOTE 17 - CONCENTRATIONS

Concentration of Credit Risk

The Company maintains its cash in bank and financial institution deposits that at times may exceed federally insured limits. At September 30, 2019, cash in bank did not exceed the federally insured limits of $250,000. The Company has not experienced any losses in such accounts through September 30, 2019.

Economic Concentrations

With respect to customer concentration, two customers accounted for approximately 52%, and 14%, of total sales for the year ended September 30, 2019. Three customers accounted for approximately 52%, 17%, and 10%, of total sales for the period ended September 30, 2018.

With respect to accounts receivable concentration, two customers accounted for approximately 57%, and 20%, of total accounts receivable at September 30, 2019. Three customers accounted for approximately 50%, 20% and 20% of total accounts receivable at September 30, 2018.

With respect to supplier concentration, two suppliers accounted for approximately 18% each of total purchases for the year ended September 30, 2019. Two suppliers accounted for approximately 34% and 10% of total purchases for the year ended September 30, 2018.

With respect to accounts payable concentration, three suppliers accounted for approximately 14%, 12%, and 12% of total accounts payable at September 30, 2019. Three suppliers accounted for approximately 18%, 13%, and 11% of total accounts payable at September 30, 2018.

With respect to foreign sales, it totaled approximately $57,483 for the year ended September 30, 2019.