Note 6 - Notes Payable - Related Parties (Tables)

12 Months Ended

Sep. 30, 2016

	Current Portion 2016		Total September 30, 2016		Total September 30, 2015
In connection with the acquisition of Federal Hose Manufacturing LLC, the Company entered into a promissory note on July 1, 2016 for $2,000,000 loan due to First Francis Company, payable in quarterly installments of $60,911 beginning on October 31, 2016, bearing interest at 4%. The remaining balance of the note shall be payable in full on July 1, 2022. Collateralized by all of the assets of the Company.	$	159,274	$	2,000,000	$	-

In connection with the acquisition of Federal Hose Manufacturing LLC, the Company entered into a promissory note on July 1, 2016 for $2,768,662 loan due to First Francis Company, payable in quarterly installments of $84,321 beginning on October 31, 2016, bearing interest at 4%. The remaining balance of the note shall be payable in full on July 1, 2022. Collateralized by all of the assets of the Company.		220,487		2,768,662		-

	$	379,761		4,768,662		-

Less current portion				379,761		-

			$	4,388,901	$	-