| Summary of Significant Accounting Policies | 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of the significant accounting
polices consistently applied in the preparation of the accompanying consolidated financial statements in accordance with accounting
principles generally accepted in the United States of America (“GAAP”) is as follows. Basis of Consolidation The consolidated financial statements include
the accounts of its subsidiaries. All significant intercompany accounts and transactions have been eliminated on consolidation. Effective May 21, 2020, Company acquired
100% of Forta in exchange for 45,785,879 shares of common stock of Company. Forta’s assets and liabilities are included in
Company’s assets and liabilities as of June 30, 2020. Forta’s results of operations have been consolidated with Company’s
results beginning as of June 1, 2020. Cash and Cash Equivalents The Company considers all highly liquid
investments with an initial maturity of three months or less, when purchased, to be cash equivalents. The Company maintains cash
balances at financial institutions located throughout the United States, which at times may exceed insured limits. The Company
has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash
equivalents. Receivables Trade accounts receivable are carried at
the invoiced amount less an estimate made for doubtful accounts based on management’s review of outstanding balances. The
collectability of the Company’s accounts receivable is reviewed on an ongoing basis, using historical payment trends and
a review of specific accounts. Accounts receivable are written off after all reasonable collection efforts have been exhausted
and when management determines the amounts to be uncollectible. Recoveries of receivables previously written off are recorded when
received. The allowance for doubtful accounts was $0 as of June 30, 2020 and September 30, 2019, respectively. In the normal course of business, the Company
may extend credit to its customers, on an unsecured basis, substantially all of whom are in the United States of America. The Company
does not believe that it is exposed to any significant risk of loss on accounts receivable. Prepaid Expenses Prepaid expenses consist of expenses the
Company has paid for prior to the service or good being provided. These prepaid expenses will be recorded as expense at the time
the service has been provided. Property and Equipment Property and equipment are stated at cost,
less accumulated depreciation. Depreciation is provided in amounts sufficient to relate the cost of depreciable assets to earnings
over their estimated service lives by the straight-line method. Maintenance and repairs are charged to
earnings as incurred; major repairs and replacements are capitalized. When items of property or equipment are sold or retired,
the related cost and accumulated depreciation are removed from the accounts and any gain or loss is included in operations. Leases In February 2016, the FASB issued ASU 2016-02
Leases, which changed financial reporting as it relates to leasing transactions to recognize a lease liability, measured on a discounted
basis; and a right-of-use asset, for the lease term. In July 2018, the FASB issued ASU No. 2018-10 Codification Improvements to
Topic 842, Leases and ASU No. 2018-11 Leases (Topic 842): Targeted Improvements. In March 2019, the FASB issued ASU No. 2019-1
Codification Improvements to Topic 842, Leases. The Company adopted these ASUs on October 1, 2019 on a modified retrospective basis.
The Company did not elect the hindsight practical expedient and did elect the package of practical expedients to not reassess prior
conclusions related to contracts containing leases, lease classification and initial direct costs for all leases. The initial adoption
of the standard recognized right-of-use assets of $323,097 and lease liabilities of $337,454 on the Company’s statement of
financial position with no impact on the Company's results of operations. The Company had no significant changes to processes
or controls. The Company leases
their office space through an operating lease in Denver Colorado, which expires at May 31, 2021, and non-material offices leases
in Cincinnati, Ohio and Loveland, Colorado. Company’s lease agreements obligate the Company to pay real estate taxes, insurance,
and certain maintenance costs, which are accounted for separately. The Company’s lease agreements do not contain any material
residual value guarantees or material restrictive covenants. The Company determines if an arrangement is an operating lease at
inception. Leases with an initial term of 12 months or less are not recorded on the balance sheet. All other leases are recorded
on the balance sheet as right-of-use assets and lease liabilities for the lease term. Lease assets and lease liabilities are recognized
at commencement date based on the present value of lease payments over the lease term and include options to extend or terminate
the lease when they are reasonably certain to be exercised. The present value of lease payments is determined primarily using the
incremental borrowing rate based on the information available at lease commencement date. The Company’s operating lease expense
is recognized on a straight-line basis over the lease term and is recorded in general and administrative expenses. Proprietary Content The proprietary content acquired as a part
of the TMN purchase has been recognized in the accompanying consolidated balance sheets at $525,100, the value attributed to such
content on the date of the purchase. The proprietary content is being amortized on a straight-line basis over an eight-year estimated
life. During each of the three months ended June 30, 2020 and 2019, and the nine months ended June 30, 2020 and 2019, the Company
recorded amortization expense of $16,320 and $49,138 for 2020 and $16,410 and $49,228 for 2019, respectively, on this intangible
asset, which is included in depreciation and amortization expense in the accompanying consolidated statements of operations. Accumulated
amortization at June 30, 2020 was $311,688 and $246,140 at September 30, 2019. Non-compete Agreements Non-compete agreements entered into as
a part of the TMN purchase have been recognized in the accompanying consolidated balance sheets at $26,300, the value attributed
to such agreements on the date of the purchase. The non-compete agreements are being amortized on a straight-line basis over the
five-year term of the non-compete clause of the agreement. During each of the three and nine months ended June 30, 2020 and 2019,
the Company recorded amortization expense of $1,308 and $3,938 for 2020 and $1,315 and $3,945 for 2019, respectively on this intangible
asset, which is included in depreciation and amortization expense in the accompanying consolidated statements of operations. Accumulated
amortization at June 30, 2020 was $24,978 and $19,725 at September 30, 2019. Intellectual Property Intellectual property is stated at cost.
Intellectual property with indefinite lives are not amortized but are tested for impairment at least annually. Management has determined
that the intellectual property have an indefinite life and do not consider the value of intellectual property recorded in the accompanying
consolidated balance sheets to be impaired as of June 30, 2020 and September 30, 2019. Goodwill Goodwill represents the excess of the
value of the purchase price and related costs over the identifiable assets from business acquisitions. The Company conducts
an annual impairment assessment, at the reporting unit level, of its recorded goodwill. The Company assesses qualitative
pertinent factors to determine whether it is more likely than not that the fair value of a reporting unit is less than it is
carrying amount. The qualitative factors evaluated by the Company include macro-economic conditions of the local business
environment, overall financial performance, and other entity specific factors as deemed appropriate. If, through this
qualitative assessment, the conclusion is made that it is more likely than not that a reporting unit’s fair value is
less than it is carrying amount, a two-step impairment test is performed. Management determined, by assessing the qualitative
factors, that it is more likely than not that the fair value of the reporting unit is greater than it carries value.
Management does not consider the value of goodwill recorded for TMN in the accompanying consolidated balance sheets to be
impaired as of June 30, 2020 and September 30, 2019. Goodwill related to the acquisition of Forta was recognized in the
amount of $7,358,050, being the difference between the value of Forta’s net assets and the market value of
Company’s stock at the time of the acquisition of Forta. Income Taxes The Company records federal and state income,
which requires an asset and liability approach for financial accounting and reporting for income taxes based on tax effects of
differences between the financial statement and tax basis of assets and liabilities. The Company accounts for all uncertain
tax positions in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”)
740 – Income Taxes (“ASC 740”). ASC 740 provides guidance on de-recognition, classification, interest and penalties
and disclosure related to uncertain income tax positions. The Company recognizes accrued interest and penalties related to unrecognized
tax benefits as a component of income tax expense. There was no accrued interest, penalties or uncertain tax positions as of June
30, 2020 and September 30, 2019. From time to time, the Company is audited
by taxing authorities. These audits could result in proposed assessments of additional taxes. The Company believes that its tax
positions comply in all material respects with applicable tax law. However, tax law is subject to interpretation, and interpretations
by taxing authorities could be different from those of the Company, which could result in the imposition of additional taxes. The
Company’s Federal returns since 2016 are still subject for examination by taxing authorities. Earnings Per Share Basic loss per common share is computed
by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding for the reporting
period. The average number of common shares for the three months ended June 30, 2020 and 2019 respectively were 72,018,838 and
38,993,226. The average number of common shares for the nine months ended June 30, 2020 and 2019, respectively, were 51,669,659
and 36,949,650. For the three and nine months ended June 30, 2020, 1,351,323 approximately common stock equivalents were not added
to the diluted average shares because inclusion of such equivalents would be antidilutive. For the three and nine months ended
June 30, 2019, approximately 3,430,646 common stock equivalents were not added to the diluted average shares because inclusion
of such equivalents would be antidilutive. Revenue Recognition The Company derives its revenues primarily
from: investment management fees, brokerage commissions, TMN subscriptions, financial advisor subscriptions, Tax BluePrint sales,
insurance sales and marketing programs, and Tax Operating System subscriptions. Company generates investment management
fees by providing management services for client investments (through Sofos and Forta). Investment management fees are calculated
as a percentage of assets under management for the period. Investment management fees Revenue is recognized as earned, at the end
of each month that management services were performed. Fees are withdrawn from investor accounts monthly, in arrears, or in the
case of Forta, investment management fees may be withdrawn quarterly in advance from investor accounts. These advance payments
are recognized, equally, over the three months of the applicable quarter. Company generates brokerage commissions
through Forta by providing brokerage services to clients. Commissions are calculated based upon the value of the securities that
are bought or sold for the client. Fees are paid as part of the purchase and sale transaction. Depending upon the securities bought
or sold, recognition is either on the trade date or the date when the purchase contract is accepted. Revenue is also derived from the sale of
annuities and premiums on life insurance policies issued by insurance companies to clients (through Forta), and from insurance
marketing programs (through MPath Advisor Resources, LLC.). The revenue is recognized after the insurance policies are issued and
in force. Revenue represents gross billings less
discounts, and are net of sales taxes, as applicable. Amounts invoiced for work not yet completed are shown as Contract Liabilities
in the accompanying consolidated balance sheets. TMN provides several levels of subscription
services that are charged and collected on a month to month basis. The client subscribers are tax advisors that provide tax advice
to their customers. None of these services comes with a long-term commitment or contract, and there is no up-front payment beyond
the monthly subscription fee. Subscription income is billed to client credit cards monthly, on the monthly anniversary of client
sign-up. Cancellations are processed within the month requested and subscriptions are closed at the end of the period for which
the most recent payment was made. Members are not entitled to refunds for unused memberships. Any subscription fees paid for a
future period are deferred in the financial statements. TMN also sells Tax Blueprint®. These are customized tax plans to save
clients’ customers taxes through the implementation of the recommended tax strategies. After an initial assessment, the customers
pay half of the year one tax savings, up to $10,000. Revenue is deferred until the customer reviews and accepts the final Tax Blueprint®
document and returns an executed delivery agreement. Tax Blueprint® sales are billed to the client after a preliminary assessment
and client approval to move forward. Advertising and Marketing Advertising and marketing costs are charged
to operations when incurred. Stock-Based Compensation The Company recognizes the fair value of
stock-based compensation awards as wages in the accompanying statements of operations for employee grants, commissions for non-employee
grants, and stock appreciation rights grants, on a straight-line basis over the vesting period, using the Black-Scholes option
pricing model, which is based on risk-free rate of 0.59% in the quarter ended June 30, 2020 and 1.49% to 2.55% in 2019, dividend
yield of 0%, expected life of 7 years and volatility of 100% in 2020 and volatility of 35% to 40% in 2019. Use of Estimates The preparation of the consolidated financial
statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported assets and liabilities
and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of
revenues and expenses during the reporting period. Actual results could differ from these estimates. Adjustments The accompanying unaudited consolidated
financial statements have been prepared by the Company in accordance with generally accepted accounting principles in the United
States (“GAAP”), pursuant to the applicable rules and regulations of the SEC. The information furnished herein reflects
all adjustments (consisting only of normal recurring adjustments) that are, in the opinion of management, necessary to present
a fair statement of the financial position and operating results of the Company as of and for the respective periods. However,
these operating results are not necessarily indicative of the results expected for a full fiscal year or any other future period.
Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with GAAP
have been omitted pursuant to such rules and regulations. However, management of the Company believes, to the best of their knowledge,
that the disclosures herein are adequate to make the information presented not misleading. The Company has determined that there
were no subsequent events that would require adjustments to the accompanying consolidated financial statements through the date
the financial statements were issued. The accompanying unaudited consolidated financial statements should be read in conjunction
with the audited consolidated financial statements of the Company for the fiscal year ended September 30, 2019, included in its
Annual Report on Form 10-K/A. Going Concern The accompanying consolidated financial
statements have been prepared assuming that the Company will continue as a going concern, which contemplates the Company will need
to manage additional asset units under contract and/or additional financing to fully implement its business plan, including continued
growth and establishment of a stronger brand. On May 8, 2020, the Company received a
Paycheck Protection Program (“PPP”) loan in the amount of $283,345. Additionally, on May 15, 2020, Forta received a
PPP loan in the amount of $377,700. PPP loans bear a fixed interest rate of 1% over a two-year term, are guaranteed by the federal
government, and do not require collateral. The loans may be forgiven, in part or whole, if the proceeds are used to retain and
pay employees and for other qualifying expenditures. The Company expects that the full proceeds of the PPP loans will be eligible
for forgiveness, which would result in an increase in capital of $661,045. On May 23, 2017, the Company and GHS Investments,
LLC (“GHS Investments”) entered into an Equity Financing Agreement (the “Agreement”). The Agreement was
filed as an exhibit to a registration statement on Form S-1, filed with the Securities and Exchange Commission on September 18,
2017. The Agreement will terminate (i) when GHS Investments has purchased an aggregate of $11,000,000 of the common stock of the
Company, or (ii) 36 months after the effective date of the Agreement, or (iii) at such time that the registration statement is
no longer in effect. Company has not had to use this as a source of funding and expects it to expire with no impact on the Company’s
operations. Management, in the ordinary course of business,
will pursue raising additional capital through sales of common stock as well as seeking financing via equity or debt, or both from
third parties. There are no assurances that additional financing will be available on favorable terms, or at all. If additional
financing is not available, the Company will need to reduce, defer or cancel development programs, planned initiatives and overhead
expenditures. The failure to adequately fund its capital requirements could have a material adverse effect on the Company’s
business, financial condition, and results of operations. Moreover, the sale of additional equity securities to raise financing
will result in additional dilution to the Company’s stockholders and incurring additional indebtedness could involve an increased
debt service cash obligation, the imposition of covenants that restrict the Company’s operations or the Company’s ability
to perform on its current debt service requirements. The consolidated financial statements do
not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Future Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13
Financial Instruments-Credit Losses, which amends how entities will measure credit losses for most financial assets and certain
other instruments that are not measured at fair value through net income, which applies to trade accounts receivable and the calculation
of the allowance for uncollectible accounts receivable. The new standard will become effective for the Company for fiscal years
beginning after December 31, 2019, with early adoption permitted. In November of 2019, the FASB issued ASU 2019-10 Financial Instruments—Credit
Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates, which deferred the effective
date of ASU Topic No. 2016-13 to fiscal years beginning after December 15, 2022. The Company is currently evaluating the impact
of the adoption of this accounting guidance will have on the consolidated financial statements. Since the Company currently uses
an expected loss from customers method, the Company does not anticipate the adoption of ASU 2016-13 will have a material impact
on the Company's financial condition or results of operations. In January 2017, the FASB issued ASU No.
2017-04 Intangibles-Goodwill and Other Simplifying the Test for Goodwill Impairment, which provides guidance to simplify the subsequent
measurement of goodwill by eliminating the Step 2 procedure from the goodwill impairment test. The new guidance is effective for
the Company beginning October 1, 2020. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact
on the Company's financial condition or results of operations. |
