FIXED ASSETS

6 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

FIXED ASSETS

5. FIXED ASSETS

During the six months ending March 31, 2017, the Company disposed of fixed assets with a net book value of $19,817 in exchange for consideration of $7,000. As a result, the company reported a $12,817 loss on disposal of assets for the six months ending March 31, 2017.

Fixed assets consist of the following as of March 31, 2017 and September 30, 2016:

	March 31, 2017			September 30, 2016
Machinery and equipment	$	747,931		$	769,276
Furniture and fixtures		72,253			72,484
Total		820,184			841,760
Less: accumulated depreciation		(108,490	)		(58,785)
Fixed assets, net	$	711,791		$	782,975

Depreciation expense for the six months ended March 31, 2017 and 2016 was $51,464 and $19,126, respectively.