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FIXED ASSETS	9 Months Ended
Jun. 30, 2014
FIXED ASSETS
FIXED ASSETS	3. FIXED ASSETS On March 25, 2014, SmartData Corporation, entered into an Asset and Intellectual Property Purchase Agreement ("Purchase Agreement"). Pursuant to which the Company acquired all of the Property rights, title and interest in a 32 inch Downdraft Gasifier ("Gasifier"). Pursuant to the Purchase Agreement the Company agreed to issue 646,041 shares of "SMARTDATA" $0.001 par value common stock and assume of $156,900 in liabilities to Petersen Incorporated for the engineering and construction of the Gasifier. Fixed assets are capitalized at their historical cost and are depreciated over their estimated useful lives. As of June 30, 2014, our fixed asset had not been placed into service and no depreciation expense had been recorded. Depreciation of our assets will begin upon being placed into service, which the Company anticipates occurring during the quarter ending September 30, 2014.

FIXED ASSETS

9 Months Ended

Jun. 30, 2014

3. FIXED ASSETS

On March 25, 2014, SmartData Corporation, entered into an Asset and Intellectual Property Purchase Agreement ("Purchase Agreement"). Pursuant to which the Company acquired all of the Property rights, title and interest in a 32 inch Downdraft Gasifier ("Gasifier"). Pursuant to the Purchase Agreement the Company agreed to issue 646,041 shares of "SMARTDATA" $0.001 par value common stock and assume of $156,900 in liabilities to Petersen Incorporated for the engineering and construction of the Gasifier.

Fixed assets are capitalized at their historical cost and are depreciated over their estimated useful lives. As of June 30, 2014, our fixed asset had not been placed into service and no depreciation expense had been recorded. Depreciation of our assets will begin upon being placed into service, which the Company anticipates occurring during the quarter ending September 30, 2014.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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