Quarterly report pursuant to sections 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
6 Months Ended
Mar. 31, 2012
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS


NOTE 9   -    SUBSEQUENT EVENTS


Management has evaluated subsequent events through May 15, 2012, which is the date the consolidated financial statements were issued.

 

In April  2012, the Company issued 5,000,000 shares of its common stock to one consultant in exchange for services valued at $12,500.

 

In April 2012, four noteholders converted $50,000 of promissory notes into 20,000,000 shares of the Company's common stock.

 

In April 2012, 3,285,460 warrants were issued to one consultant for services rendered in lieu of consulting fees due of $12,000.

 

In April 2012, two officers and directors of the Company converted accrued consulting fees of $36,000 into 9,856,380 shares of common stock.

 

In April 2012, one consultant converted accrued consulting fees of $14,000 into 3,835,616 shares of common stock.