CAPITAL LEASE OBLIGATIONS

6 Months Ended

Mar. 31, 2019

Disclosure Text Block Supplement [Abstract]

Debt and Capital Leases Disclosures [Text Block]

NOTE 5 – CAPITAL LEASE OBLIGATIONS

At March 31, 2019, September 30, 2018, and March 31, 2018, capital lease obligations consisted of the following:

	March 31, 2019 (Unaudited		September 30, 2018 (Audited)		March 31, 2018 (Unaudited)
A 2013 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,046, including interest at 4.751% per annum, through April 2019.	$	1,042	$	7,210	$	13,233
A security system for Lot-K leased from RLC Funding, payable in monthly installments of $1,295, including interest at 13.537% per annum, through October 2018.		-		1,280		8,669
A 2016 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.532% per annum, through January 2023.		47,043		52,600		58,032
A 2018 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.644% per annum, through September 2024.		64,892		70,012		75,014
A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.181% per annum, through May 2025.		72,686		77,800		-
A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.101% per annum, through December 2025.		78,847		-		-
		264,510		208,902		54,948
Less current portion		(44,047)		(40,426)		(41,971)
Total capital lease obligations	$	220,463	$	168,476	$	112,977

At March 31, 2019, future minimum payments on the capital lease obligations were as follows:

For the Twelve Months Ending March 31,
2019	$	57,753
2020		53,568
2021		53,568
2022		53,568
2023		54,684
Thereafter		43,800
Present value of future minimum payments		316,941
Less amount representing interest		(52,431)
		264,510
Less current portion of capital lease obligations		(44,047)
Total capital lease obligations, net of current portion	$	220,463