SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Mar. 31, 2024 |
Mar. 31, 2023 |
Mar. 31, 2024 |
Mar. 31, 2023 |
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Accounting Policies [Abstract] | ||||
Net income attributable to common stockholders for the period | $ 11,096 | $ 64,710 | $ 18,420 | $ 71,450 |
Add: Preferred stock dividends | 10,231 | 10,119 | 20,574 | 20,463 |
Adjusted net income | $ 21,327 | $ 74,829 | $ 38,994 | $ 91,913 |
Weighted average number of shares outstanding | 229,160,695 | 228,780,695 | 229,160,695 | 228,704,541 |
Add: Shares issued upon conversion of preferred stock | 370,321,635 | 370,701,635 | 370,321,635 | 370,701,635 |
Weighted average number of common and common equivalent shares | 599,482,330 | 599,482,330 | 599,482,330 | 599,406,176 |
Diluted earnings per share | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
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- References No definition available.
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- Definition The number of new shares issued in the conversion of stock in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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