12. DEBT	9 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]
DEBT	NOTE 12 DEBT On January 8, 2014, IPS entered into a term loan with a lender in the amount of $1,000,000. The loan bears interest at a rate of 4.230% per annum. The loan matured and was paid in full on January 8, 2019. Interest and principal of $18,546 was paid on a monthly basis through maturity. This loan was secured by all of IPS' assets and was guaranteed by the Company. Outstanding balance as of June 30, 2019 and September 30, 2018 was $0 and $73,523, respectively. On April 1, 2016, IPS entered into a term loan with a lender in the amount of $325,000. The loan matures on April 1, 2020 and bears interest at a rate of 4.215% per annum. Interest and principal of $7,378 is paid on a monthly basis through maturity. This loan is secured by all of the IPS' assets and is guaranteed by the Company. Outstanding balance as of June 30, 2019 and September 30, 2018 was $72,359 and $135,317, respectively. The agreement contains certain restrictive covenants measured annually, all of which the Company was in compliance as of September 30, 2018. With a net loss for the nine months ending June 30, 2019 of approximately $0.78 million for IPS, there is a likely risk of failing covenant testing at year end. As such, the lender may demand payment in full upon default.

12. DEBT

9 Months Ended

Jun. 30, 2019

NOTE 12 DEBT

On January 8, 2014, IPS entered into a term loan with a lender in the amount of $1,000,000. The loan bears interest at a rate of 4.230% per annum. The loan matured and was paid in full on January 8, 2019. Interest and principal of $18,546 was paid on a monthly basis through maturity. This loan was secured by all of IPS' assets and was guaranteed by the Company. Outstanding balance as of June 30, 2019 and September 30, 2018 was $0 and $73,523, respectively.

On April 1, 2016, IPS entered into a term loan with a lender in the amount of $325,000. The loan matures on April 1, 2020 and bears interest at a rate of 4.215% per annum. Interest and principal of $7,378 is paid on a monthly basis through maturity. This loan is secured by all of the IPS' assets and is guaranteed by the Company. Outstanding balance as of June 30, 2019 and September 30, 2018 was $72,359 and $135,317, respectively. The agreement contains certain restrictive covenants measured annually, all of which the Company was in compliance as of September 30, 2018. With a net loss for the nine months ending June 30, 2019 of approximately $0.78 million for IPS, there is a likely risk of failing covenant testing at year end. As such, the lender may demand payment in full upon default.