Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 6 Months Ended
Mar. 31, 2016
USD ($)
shares
Mar. 31, 2015
USD ($)
shares
NET LOSS $ (142,715) $ (656,938)
Adjustments to reconcile net (loss) to net cash (used) in operating activities:    
Loss on forgiveness of debt and accrued expenses 14,975 $ 489,758
Amortization of license agreement 70,334
Premium on convertible debt 2,500
Amortization of debt discount 17,168 $ 12,229
(Increase) decrease in assets:    
Accounts receivable 58,211
Inventory (15,406) $ 7,214
Prepaid expenses and other current assets (18,192) (9,758)
Increase (decrease) in liabilities:    
Accounts payable (571) 24,700
Accrued expenses $ (9,522) 24,081
Customer deposit 1,500
Deferred revenue $ 6,948 3,651
Net Cash Used in Operating Activities (31,245) $ (103,563)
Cash Flows From Financing Activities    
Principal payments on notes payable (36,369)
Proceeds from issuance of common and preferred stock 5,000 $ 25,000
Proceeds from convertible note payable 25,000 38,000
Proceeds from note payable - stockholders 50,000 40,000
Net Cash Provided by Financing Activities 43,631 103,000
Net Decrease in Cash 12,386 (563)
Cash - Beginning of Period 6,156 2,505
Cash - End of Period 18,542 1,942
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 1,193 $ 2,945
NON-CASH FINANCING ACTIVITY    
Amount of convertible debt converted to stock $ 10,000  
Shares issued for conversion of debt, shares | shares 847,458  
Debt discount $ 20,455  
Stock cancelled during period | shares   2,000,000,000
Stock issued for license agreement, shares | shares   25,000,000
Stock issued for license agreement   $ 2,000,000
Series C Preferred Stock [Member]    
NON-CASH FINANCING ACTIVITY    
Shares issued, conversion | shares 7,280  
Preferred stock, shares issued in conversion | shares 36,400  
Stock issued for employment agreement | shares   200,000
Series D Preferred Stock [Member]    
NON-CASH FINANCING ACTIVITY    
Amount of convertible debt converted to stock   $ 335,452
Shares issued for conversion of debt, shares | shares   670,904