NOTE 4   -  NOTES PAYABLE TO STOCKHOLDERS

As of June 30, 2017 and September 30, 2016, the Company has unsecured notes payable to stockholders totaling $110,115 and $132,676, respectively. These notes range in interest from 8% to 15% which are payable quarterly. All the notes mature December 31, 2017. In November 2015, the Company entered into a promissory note for $50,000 with a stockholder, officer and director of the Company. The note bears an 8% interest rate, is unsecured and is due on December 31, 2016. In December 2016, the maturity date was extended to December 31, 2017.

In November 2016, the Company repaid the principal amount of $15,000 of a note payable to a shareholder.

In April 2017, the Company repaid the principal amount of $7,891 of a note payable to a shareholder.

Interest expense on the notes payable to stockholders was $4,398 and $3,699 for the three months ended June 30, 2017 and 2016, respectively. Interest expense on the notes payable to stockholders was $11,135 and $10,535 for the nine months ended June 30, 2017 and 2016, respectively.