11. LINE OF CREDIT	6 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]
LINE OF CREDIT	NOTE 11 LINE OF CREDIT The Company, specifically IPS, has a $1,300,000 revolving line of credit with TD Bank which was renewed at the discretion of the lender on April 30, 2019. The maturity date has been extended by the lender to August 29, 2020. The line of credit was amended and modified on September 28, 2018 to extend the line of credit limit from $1,000,000 to $1,300,000 and repayment was guaranteed by the Company and is secured by all of IPS’ assets. The interest rate on the line of credit is 0.75% above The Wall Street Journal prime rate. The effective interest rate at March 31, 2020 and September 30, 2019 was 4.0% and 5.75%, respectively. As of March 31, 2020, the Company had $900,000 available under the line of credit. The Company is subject to certain debt-service ratio requirements which are measured annually. With a net loss for the six months ended March 31, 2020 of approximately $875,000 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. As of September 30, 2019, the Company was in violation of the required debt-service ratio covenants. The Company was granted a waiver of the violation from the lender.

11. LINE OF CREDIT

6 Months Ended

Mar. 31, 2020

NOTE 11 LINE OF CREDIT

The Company, specifically IPS, has a $1,300,000 revolving line of credit with TD Bank which was renewed at the discretion of the lender on April 30, 2019. The maturity date has been extended by the lender to August 29, 2020. The line of credit was amended and modified on September 28, 2018 to extend the line of credit limit from $1,000,000 to $1,300,000 and repayment was guaranteed by the Company and is secured by all of IPS’ assets. The interest rate on the line of credit is 0.75% above The Wall Street Journal prime rate. The effective interest rate at March 31, 2020 and September 30, 2019 was 4.0% and 5.75%, respectively. As of March 31, 2020, the Company had $900,000 available under the line of credit. The Company is subject to certain debt-service ratio requirements which are measured annually. With a net loss for the six months ended March 31, 2020 of approximately $875,000 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. As of September 30, 2019, the Company was in violation of the required debt-service ratio covenants. The Company was granted a waiver of the violation from the lender.