v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows used in operating activities:    
Net loss $ (1,380,061) $ (505,640)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 8,322 938
Amortization of intangible assets 7,662 0
Amortization of debt discount 345,107 4,292
Shares issued for third-party services 18,750 0
Stock-based compensation - related parties 273,882 11,352
Accrued interest 14,732 12,909
Changes in operating assets and liabilities:    
Accounts receivable (1,789) 0
Prepaid expenses (60,948) (33,517)
Accounts payable and accrued liabilities 275,038 123,662
Accrued compensation to related parties 147,754 81,775
Net cash used in operating activities (351,551) (304,229)
Cash flows from investing activities:    
Purchase of property and equipment (3,797) 0
Net cash used in investing activities (3,797) 0
Cash flows from financing activities:    
Proceeds from convertible notes payable, net 334,700 0
Payments on convertible notes payable, related parties (8,091) 0
Payments on notes payable (5,069) 0
Proceeds from sale of common stock 25,000 120,000
Net cash provided by financing activities 346,540 120,000
Decrease in cash (8,808) (184,229)
Cash - beginning of period 87,595 186,881
Cash - end of period 78,787 2,652
Supplementary cash flow information:    
Interest paid 8,409 0
Income taxes paid 0 0
Non-cash investing and financing activities:    
Shares issued for accrued compensation of related parties 92,977 0
Beneficial conversion feature on convertible notes 224,693 0
Warrants issue in connection with debt recorded as debt discount 29,607 0
Deemed dividend for warrant down round feature $ 32,588 $ 0

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