XML 46 R15.htm IDEA: XBRL DOCUMENT

Convertible Debentures	3 Months Ended
Dec. 31, 2014
Notes to Financial Statements
Convertible Debentures	NOTE 9. CONVERTIBLE DEBENTURES At December 31, 2014, the following convertible debentures remain outstanding: (a) $80,701 in aggregate convertible debt bearing simple interest at 12% per annum convertible into the Company’s common stock at $0.025 per share. (b) $17,000 in aggregate convertible debt bearing no interest convertible into the Company’s common stock at share and convertible into common shares of the Company at a conversion price per share equal to 55% (the “Discount”) of the lowest closing bid price for the Company’s common stock during the five trading days immediately preceding a conversion date, as reported by Bloomberg. Convertible Debentures described in (a) and (b) are currently due and payable. The holders have not made a demand for payment. As of December 31, 2014 the Aggregate Amount of Convertible Debentures outstanding was $97,701 and the Aggregate Amount of Unamortized discount was $0.

Convertible Debentures

3 Months Ended

Dec. 31, 2014

NOTE 9. CONVERTIBLE DEBENTURES

At December 31, 2014, the following convertible debentures remain outstanding:

(a) $80,701 in aggregate convertible debt bearing simple interest at 12% per annum convertible into the Company’s common stock at $0.025 per share.

(b) $17,000 in aggregate convertible debt bearing no interest convertible into the Company’s common stock at share and convertible into common shares of the Company at a conversion price per share equal to 55% (the “Discount”) of the lowest closing bid price for the Company’s common stock during the five trading days immediately preceding a conversion date, as reported by Bloomberg.

Convertible Debentures described in (a) and (b) are currently due and payable. The holders have not made a demand for payment.

As of December 31, 2014 the Aggregate Amount of Convertible Debentures outstanding was $97,701 and the Aggregate Amount of Unamortized discount was $0.