CAPITAL LEASE OBLIGATIONS

9 Months Ended

Jun. 30, 2017

Disclosure Text Block Supplement [Abstract]

Debt and Capital Leases Disclosures [Text Block]

NOTE 6 – Capital Lease Obligations

At June 30, 2017, September 30, 2016, and June 30, 2016, capital lease obligations consisted of the following:

	June 30, 2017 (Unaudited)			September 30, 2016 (Audited)		June 30, 2016 (Unaudited)
A 2008 tow truck leased from Donahue Transportation Services Corp, payable in monthly installments of $799, including interest at 8.39% per annum, through February 2017.	$	-	$	5,739	$	7,987
A 2013 Hino truck leased from Donahue Transportation Services Corp. payable in monthly installments of $1,046, including interest at 4.75% per annum, through April 2019.		22,004		30,469		33,224
A security system for Lot-K leased from RLC Funding, payable in monthly installments of $1,295, including interest at 13.54% per annum, through October 2018.		18,860		28,072		30,942
A 2016 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.53% per annum, through January 2023.		65,953		73,610		76,105
Total capital lease obligations	$	106,817	$	137,890	$	148,258

At June 30, 2017, future minimum payments on the capital lease obligations were as follows:

For the Year Ending June 30,
2018	$	41,488
2019		29,076
2020		13,392
2021		13,392
2022		13,392
Thereafter		7,811
Present value of future minimum payments		118,551
Less amount representing interest		(11,734)
		106,817
Less current portion of capital lease obligations		(36,211)
Total capital lease obligations, net of current portion and     amount representing interest	$	70,606