Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES PAYABLE - RELATED PARTIES (Tables)

v3.19.2
CONVERTIBLE NOTES PAYABLE - RELATED PARTIES (Tables)
9 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Convertible notes payable to related parties
   

June 30,

2019

   

September 30,

2018

 
             
Convertible note payable to brother of former CEO, including interest at 10%, due December 31, 2016, convertible at $1.47 per share. This note is in default as of June 30, 2019 and continues to accrue interest at 10%.   $ 50,000     $ 50,000  
                 
Convertible note payable to former CEO, including interest at 10%, due December 31, 2017, convertible at $1.47 per share. The Company paid $41,909 towards this note in June 2018 and $16,500 towards principal ($8,091) and interest ($8,409) during the nine months ended June 30, 2019. The remaining accrued interest of $7,635 was settled on June 17, 2019 (See Note 7).     -       8,091  
                 
Convertible notes payable, with a shareholder, dated May 5, 2017, including interest at 10%, due May 5, 2018, convertible into shares of the Company’s common stock at $0.0681 per share. This note is currently in default.     5,000       5,000  
                 
Convertible notes payable, with a shareholder as part of the purchase price of Shift Now, Inc., dated August 10, 2018, including interest at 5%, convertible into shares of the Company’s common stock at $0.075 per share on August 10, 2019. 50% of the principal and interest are due on August 19, 2019, with the balance due August 19, 2020.     30,000       30,000  
      85,000       93,091  
Accrued interest     23,176       33,655  
      108,176       126,746  
Less current portion     (93,176 )     (111,746 )
Long-term convertible notes payable, related parties   $ 15,000     $ 15,000