8. RELATED PARTY TRANSACTIONS

9 Months Ended

Jun. 30, 2022

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

8. RELATED PARTY TRANSACTIONS

Zachary K. Bradford - Chief Executive Officer and Director

During the three and nine months ended June 30, 2022, the Company paid Blue Chip Accounting, LLC (“Blue Chip”) $0 and $47,075, respectively, for accounting, tax, administrative services and reimbursement for office supplies. During the three and nine months ended June 30, 2021, the Company paid Blue Chip Accounting, LLC (“Blue Chip”) $41,525 and $131,890, respectively, for accounting, tax, administrative services and reimbursement for office supplies. Blue Chip is 50% beneficially owned by Mr. Bradford. None of the services were associated with work performed by Mr. Bradford. The services consisted of preparing and filing tax returns, bookkeeping, accounting and administrative support assistance. During the three and nine months ended June 30, 2022, $0 and $4,575, respectively, was paid to Blue Chip for rent. During the three and nine months ended June 30, 2021, $4,575 and $13,725, respectively, was paid to Blue Chip for rent. The sublease and engagement for accounting services was terminated on December 31, 2021.