SUBSEQUENT EVENTS |
9 Months Ended |
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Jun. 30, 2021 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 11 - SUBSEQUENT EVENTS On July 20, 2021, the loan was 100% forgiven by the SBA. As a result, the Company will record a gain on debt forgiveness of the PPP loan in the amount of $106,727 in the fourth quarter of 2021 (See Note 5). On July 8, 2021, a holder of Series C preferred stock, converted 275,000 shares of Series C Convertible Preferred Stock into 1,375,000 shares of Common Stock. On July 15, 2021, a shareholder returned 875,000 shares of Company's common stock to the Company in exchange for the two notes receivable in the total sum of $25,000 and $1,576 in interest receivable (See Notes 4 and 7). |