NOTES PAYABLE

9 Months Ended

Jun. 30, 2014

Notes Payable [Abstract]

Notes Payable [Text Block]

NOTE 5- NOTES PAYABLE

The Company secured permanent financing on the purchase of storage lot land in Arroyo Grande, California, with Heritage Oaks Bank. The loan was originated on May 8, 2008. The total loan currently outstanding is $2,608,476 and was financed over a period of ten years at a variable interest rate currently at 5.0%. The payments are currently $15,416 per month interest and principal.  The Company secured a note payable with Donahue Transportation Services Corp on a 2008 Tow Truck. The loan originated on December 9, 2009. The total loan currently outstanding is $24,351 and financed over a period of seven years at an interest rate of 8.39%. The payments are currently $799 per month interest and principal. The Company secured a lease which has been classified as a capital lease and included with notes payable. The capital lease is with Donahue Transportation Services Corp on a 2013 Hino Truck. The lease originated on May 10, 2012. The total balance currently outstanding is $54,130 and is financed over a period of seven years at an interest rate of 4.751%. The payments are currently $1,046 per month interest and principal.

At June 30, 2014, minimum payments are as follows:

For the Year Ending June 30,
2015	$	73,506
2016		77,605
2017		80,917
2018		2,443,569
2019		11,360
Thereafter		-
Total	$	2,686,957