NOTE 4   - NOTES PAYABLE TO STOCKHOLDERS

As of December 31, 2017 and September 30, 2017, the Company had unsecured notes payable to stockholders totaling $155,480 and $134,087, respectively. These notes range in interest from 8% to 15% which are payable quarterly. One note in the amount of $7,891 matured on December 31, 2017. In February 2018, the Company repaid the principal amount due on the note along with accrued interest. The remaining balance of the notes mature on December 31, 2018.

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

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

In October 2017, the Company issued two promissory notes to a shareholder and director in the amount of $15,000 each.  The notes bear 8% interest and mature on December 31, 2018.

Interest expense on the notes payable to stockholders was $3,418 and $5,178 for the three months ended December 31, 2017 and 2016, respectively.