Peer to Peer Network (PTOP) 10-Q 2 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - Mar. 31, 2015 - shares	Total
Document And Entity Information [Abstract]
Entity Registrant Name	Peer to Peer Network
Entity Central Index Key	1,421,981
Entity Trading Symbol	ptop
Current Fiscal Year End Date	--09-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding	126,276,852
Document Type	10-Q
Document Period End Date	Mar. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

CONSOLIDATED CONDENSED BALANCE

CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)	Mar. 31, 2015	Sep. 30, 2014
Current assets
Cash		$ 2,644
Accounts receivable	$ 153	125
Equity securities available for sale	2	229
Total current assets	155	2,998
Investment in securities, at cost		70,000
Intangible assets
Website development costs (net of $71,529 and $57,300 of accumulated amortization, respectively)	12,907	27,136
Total Assets	13,062	100,134
Current Liabilities
Accounts payable and accrued liabilities	133,192	88,087
Accrued salaries to an officer	99,952	11,250
Convertible notes payable, net of discount of $-0- and $18,504, respectively	54,395	34,496
Total current liabilities	287,539	133,833
Total Liabilities	287,539	133,833
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock; 750,000,000 shares authorized at $0.001 par value; 110,069,041 and 88,977,543 issued and outstanding at March 31, 2015 and September 30, 2014, respectively	110,069	88,978
Common stock payable		171,000
Additional paid-in capital	1,190,486	1,001,212
Accumulated other comprehensive loss	(858)	(631)
Accumulated deficit	(1,574,174)	(1,294,258)
Total stockholders' equity (deficit)	(274,477)	(33,699)
Total liabilities and stockholders' equity (deficit)	$ 13,062	$ 100,134

CONSOLIDATED CONDENSED BALANCE3

CONSOLIDATED CONDENSED BALANCE SHEETS (Parentheticals) - USD ($)	Mar. 31, 2015	Sep. 30, 2014
ASSETS
Accumulated amortization on website development costs (in dollars)	$ 71,529	$ 57,300
Discount on convertible notes payable (in dollars)	$ 0	$ 18,504
Common stock, shares authorized	750,000,000	750,000,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares issued	110,069,041	88,977,543
Common stock, shares outstanding	110,069,041	88,977,543

CONSOLIDATED CONDENSED STATEMEN

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
REVENUE	$ 81	$ 182	$ 81	$ 1,711
OPERATING EXPENSES
Payroll expenses	19,961	36,211	74,119	74,119
Depreciation and amortization	7,036	7,036	14,229	14,229
General and administrative	2,753	8,503	6,792	17,990
Consulting fees	45,460	8,707	45,460	35,370
Legal and professional	22,850	24,046	23,850	25,410
Total Operating Expenses	98,060	84,503	164,450	167,118
NET LOSS FROM OPERATIONS	(97,979)	(84,321)	(164,369)	(165,407)
OTHER EXPENSE
Asset impairment	73,000		73,000
Interest expense	26,997	7,188	42,547	7,188
TOTAL OTHER EXPENSE	99,997	7,188	115,547	7,188
NET LOSS BEFORE INCOME TAXES	$ (197,976)	$ (91,509)	$ (279,916)	$ (172,595)
PROVISION FOR INCOME TAX
NET LOSS	$ (197,976)	$ (91,509)	$ (279,916)	$ (172,595)
OTHER COMPREHENSIVE LOSS
Unrealized losses on equity investments	44		227
COMPREHENSIVE LOSS	$ (198,020)	$ (91,509)	$ (280,143)	$ (172,595)
BASIC AND DILUTED (LOSS) PER COMMON SHARE (in dollars per share)	$ 0	$ 0	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES (Basic and Diluted) (in shares)	98,386,205	84,977,543	94,021,133	84,949,081

CONSOLIDATED CONDENSED STATEME5

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
OPERATING ACTIVITIES
Net loss	$ (279,916)	$ (172,595)
Adjustments to reconcile net loss from operations:
Stock-based compensation for options issued
Amortization expense	$ 14,229	$ 14,229
Common stock issued for services	13,260	2,870
Amortization of debt discount	18,504	6,483
Interest expense from default provision	21,500
Asset impairment	73,000
Change in operating assets and liabilities:
Decrease (increase) in accounts receivable	(28)	(600)
Increase in accounts payable to a related party	88,702
Increase in accrued interest	2,437
Increase in accounts payable and accrued liabilities	42,668	31,381
Net cash used in operating activities	(5,644)	$ (118,232)
INVESTING ACTIVITIES
Purchase of investment in securities, at cost	(3,000)
Net cash used in investing activities	(3,000)
FINANCING ACTIVITIES
Proceeds from cash subscriptions payable	6,000
Proceeds from convertible notes payable		$ 53,000
Net cash provided by financing activities	6,000	53,000
NET (DECREASE) IN CASH AND CASH EQUIVALENTS	(2,644)	(65,232)
CASH AND CASH EQUIVALENTS -BEGINNING OF PERIOD	$ 2,644	75,393
CASH AND CASH EQUIVALENTS -END OF PERIOD		$ 10,161
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued in exchange for convertible note payable	$ 20,105
Beneficial conversion feature		$ 33,885
Common stock issued for subscriptions payable	$ 177,000

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	6 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Peer to Peer Network (OTC:PTOP) hereinafter, ("the Company") was incorporated in the State of Nevada on May 9, 2007 under the name "Web Wizard, Inc.". On February 17, 2012 the Company's board passed a motion to change the corporate name to "Psychic Friends Network, Inc." pursuant to an asset purchase agreement executed on January 27, 2012. As part of this agreement, all of the assets of PFN Holdings were purchased. These assets are an integral part of the Company's business development and ultimately the realization of the Company's anticipated cash flows. On September 8, 2014 the Company's board passed a motion to change the corporate name to "Peer to Peer Network". The Company is in the business of providing daily horoscopes and live psychic advice by telephone, internet or our soon to be released mobile application. Our website is www.psychicfriendsnetwork.com. First time customers will be offered promotions and are able to choose their psychic friend by specialties. They also are able to establish an ongoing relationship with their advisor, or they can choose to try someone new the next time they call. We will strive to stay on the cutting edge of technology in an effort to deliver our content. Currently this includes Facebook applications, and twitter pages, that reward our customers with free credits towards readings for sharing, liking or tweeting about PTOP. We will also be giving all of our psychics their own website, to find new customers. Basis of Presentation The Company has not generated significant revenues from operations. There is no bankruptcy, receivership, or similar proceedings against our company. The accompanying audited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for annual financial information. Certain information or footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. It is management's opinion, however, that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statement presentation. The interim results for the periods ended March 31, 2015 and 2014 are not necessarily indicative of results for the full fiscal years. It is suggested that these financial statements be read in conjunction with the audited financial statements and notes thereto included in the Company's annual report on Form 10-K for the year ended September 30, 2014. Going Concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to obtain the necessary financing to meet its obligations and pay its liabilities arising from normal business operations when they come due. Furthermore, as of March 31, 2015, the Company has accumulated losses from inception (May 9, 2007) of $1,574,174. The outcome of these matters cannot be predicted with any certainty at this time and raise substantial doubt that the Company will be able to continue as a going concern. These financial statements do not include any adjustments to the amounts and classification of assets and liabilities which may be necessary should the Company be unable to continue as a going concern. Management believes that the Company will need to obtain additional funding by borrowing funds from its directors and officers, or a private placement of common stock through various sales and public offerings. The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements involves the use of estimates, which have been made using judgment. Actual results may vary from these estimates. The financial statements have, in management's opinion, been prepared within the framework of the significant accounting policies summarized below:

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents The Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Accounts Receivable Accounts receivable are reported at the customers' outstanding balances less any allowance for doubtful accounts. Interest is not accrued on overdue accounts receivable. The Company evaluates receivables on a regular basis for potential reserve. Fair Value of Financial Instruments The fair value of the Company's financial instruments, consisting of cash and accounts payable and accrued liabilities, is equal to fair value due to their short-term to maturity. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments. Revenue Recognition The Company recognizes revenue on an accrual basis. The Company generally earns revenue through the online sale of service minutes. These purchases obligate the Company to arrange a telephonic conversation with a designated service provider of the customers choosing. The Company remits a portion of the fee to the service provider and retains the balance. At the time of sale, the formal arrangements are made and the Company has fulfilled its obligation. Furthermore, the Company's portions of any fees collected are non-refundable. Revenue is generally realized or realizable and earned when all of the following criteria are met: 1) persuasive evidence of an arrangement exists between the Company and our customer(s); 2) services have been rendered; 3) our price to our customer is fixed or determinable; and 4) collectability is reasonably assured. For the six months ended March 31, 2015 and 2014, the Company recognized revenues of $81 and $1,711, respectively for which each of the four aforementioned criteria were satisfied. Per Share Data In accordance with "ASC 260 - Earnings per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. As of March 31, 2015 and 2014, the Company had no stock equivalents that were anti-dilutive and excluded in the loss per share computation. Stock-Based Compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company records the value for options granted over the vesting period of the options granted. Accordingly, the Company did not recognized expenses during the six months ended March 31, 2015 and 2014, respectively (see Note 6). Investment in Securities The cost of the Company's cost-method investment consist of an investment in a company with which a merger is contemplated (see subsequent events footnote Note 7) that totaled $73,000 and $70,000 at March 31, 2015 and September 30, 2014, respectively. During the period ended March 31, 2015, the Company invested an additional $3,000 in the cost method investment for a total of $73,000. As the Company owned less than 20% of that company's stock as of March 31, 2015 and September 30, 2014, and no significant influence or control exists, the investment is accounted for using the cost method. The Company evaluated the investment for impairment. On March 6, 2015 the agreement between 321Lend and the Company was canceled and the value of the ownership in 321Lend was deemed to be worthless by management. Accordingly, an impairment expense of $73,000 was realized during the three months ended March 31, 2015. Website Development Costs The Company capitalizes its costs to develop its website and when preliminary development efforts are successfully completed, management has authorized and committed project funding, and it is probable that the project will be completed and the website will be used as intended. Such costs are amortized on a straight-line basis over the estimated useful life of the related asset, which approximates three years. Costs incurred prior to meeting these criteria, together with costs incurred for training and maintenance, are expensed as incurred. Costs incurred for enhancements that are expected to result in additional material functionality are capitalized and expensed over the estimated useful life of the upgrades. The Company capitalized website costs of $-0- and $-0- during the six months ended March 31, 2015 and 2014, respectively. The Company's capitalized website amortization is included in depreciation and amortization in the Company's consolidated statements of operations, and totaled $14,229 and $14,229 for the six months ended March 31, 2015 and 2014, respectively. Advertising Costs Advertising costs are to be expensed as incurred in accordance to Company policy; for the six ended March 31, 2015 and 2014, advertising expenses totaled $861 and $2,118, respectively. Recent Accounting Pronouncements Management has evaluated all recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the SEC did not, or are not believed by management to, have a material impact on the Company's present or future financial position, results of operations or cash flows.

INTANGIBLE ASSET

INTANGIBLE ASSET	6 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSET	NOTE 3 – INTANGIBLE ASSET The following table presents the detail of other intangible assets for the periods presented: Gross Carrying Amount Accumulated Amortization Net Carrying Amount Weighted-Average Remaining Life March 31, 2015: Capitalized website development costs $ 84,436 $ (71,529 ) $ 12,907 0.46 years Total $ 84,436 $ (71,529 ) $ 12,907 0.46 years

SECURITIES AVAILABLE FOR SALE

SECURITIES AVAILABLE FOR SALE	6 Months Ended
	Mar. 31, 2015
Available-for-sale Securities [Abstract]
SECURITIES AVAILABLE FOR SALE	NOTE 4 – SECURITIES AVAILABLE FOR SALE During the year ended September 30, 2014 the Company purchased equity securities that are being held for sale in Telecorp, Inc. (TLNF.pk). Below is a table summarizing the activity in TLNF: For the six months ended March 31, 2015 Shares Amount Gain (Loss) Shares held, September 30, 2014 9,143 $ 229 $ - Unrealized loss, March 31, 2015 (227 ) (227 ) Balance, March 31, 2015 9,143 $ 2 $ (227 )

CONVERTIBLE NOTE PAYABLE

CONVERTIBLE NOTE PAYABLE	6 Months Ended
	Mar. 31, 2015
Convertible Note Payable Abstract
CONVERTIBLE NOTE PAYABLE	NOTE 5 – CONVERTIBLE NOTE PAYABLE On May 8, 2014 the Company entered into a $53,000 Convertible Promissory Note with an unrelated third party finance company to fund operating expenses in the form of $53,000 in cash . The Note shall accrued interest at 8% per annum with a 22% default rate and matured on February 12, 2015. The holder has the right to convert into common stock 180 days after issuance at a variable rate of 58% of the market price as defined in the debenture document. Upon default, the Note will be convertible at par or $0.001 per share. Accordingly, there has been beneficial conversion feature discount of $38,379 calculated on this note. As of March 31, 2015, the entire debt discount has been recorded as interest expense leaving a remainder of $-0-. As of March 31, 2015 there was a total of $5,483 in accrued interest assessed on this note of which $2,437 was expensed during the six months ended March 31, 2015. On November 24, 2014, the note holder exercised their conversion rights and converted $10,000 of the note payable into 1,923,077 shares of common stock (see Note 6). As part of this transaction the proportional remaining debt discount of $2,069 related to this conversion was expensed. Subsequent to this conversion the balance of the note was increased by $21,500 (the amount to equal 150% of the outstanding balance) as a result of the default provisions of the note. This increase was expensed as interest expense for the three months ending March 31, 2015. On February 2, 2015, the note holder exercised their conversion rights and converted $10,105 of the note payable into 5,318,421 shares of common stock (see Note 6).

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT)	6 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY (DEFICIT)	NOTE 6 – STOCKHOLDERS' EQUITY (DEFICIT) As summarized in Note 1 on February 17, 2012, in addition to the name change, our board of directors approved a ten (10) new for one (1) forward stock split of our authorized and issued and outstanding shares of common stock. Upon effect of the forward stock split, our authorized capital was increased from 75,000,000 to 750,000,000 shares of common stock and correspondingly, our issued and outstanding shares of common stock was increased from 8,225,000 to 82,250,000 shares of common stock as of September 30, 2011, all with a par value of $0.001. Common Stock On November 24, 2014 a convertible note holder converted $10,000 into 1,923,077 shares of common stock at a price of $0.0052 per share (see Note 5). On January 27, 2015 the Company issued 200,000 shares of common stock at $0.0015 per share or $300 in exchange for services rendered. On February 10, 2015 a convertible note holder converted $10,105 into 5,318,421 shares of common stock at a price of $0.0019 per share (see Note 5). On February 17, 2015 the Company issued 8,850,000 shares for $177,000 of subscriptions payable previously received at $0.02 per share. On March 25, 2015 the Company issued 4,800,000 shares for $0.0027 per share for $12,960 of consulting services. Common Stock Subscriptions Payable On November 19, 2014 the Company received $6,000 in exchange for 300,000 in common stock subscriptions payable valued at $0.02 per share. These shares will be issued in conjunction with the total capital raise of $500,000 and the pending merger with 321 Lend.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7 - SUBSEQUENT EVENTS On July 17, 2014, the Company entered into an agreement and plan of merger with PFN Sub, Corp and 321 Lend, Inc. The agreement stipulates that 18,000,000 shares of the Company valued at $270,000 or $0.015 per share shall be issued in exchange for the intellectual and ownership rights of 321 Lend, Inc. The merger will not officially close and the assets of 321 Lend, Inc. and Company's common stock will be held in escrow until $500,000 in capital financing is achieved. As of December 31, 2014, $177,000 of the $500,000 had been raised (see Note 6). Furthermore, the Company has acquired securities of 321 Lend, Inc in the amount of $73,000 as of March 31, 2015, which is presented in the balance sheet as "Investment in securities, at cost". This agreement was canceled and on March 6, 2015 due to 321 Lend, Inc.'s failure to fulfill certain conditions of the capital raise. On April 7, 2015 the 18,000,000 shares held in escrow were canceled and removed from escrow. On April 8, 2015 a convertible note holder converted $5,145 into 5,415,789 shares of common stock at a price of $0.00095 per share. On April 29, 2015 a convertible note holder converted $4,380 into 5,407,407 shares of common stock at a price of $0.00081 per share. On May 13, 2015 a convertible note holder converted $4,060 into 5,384,615 shares of common stock at a price of $0.000754 per share. On May 29, 2015, the Company entered into a Master Reseller/Vendor License Agreement (the "Agreement") with Code2Action, Inc., a Delaware corporation ("C2A") whereby C2A exclusively (with a few prior license exceptions) licensed the use of its assets, including its proprietary software for internet web-based mobile business card networking services, to the Company. In exchange for the license, on May 29, 2015 the Company issued to C2A a convertible promissory note in the principal amount of $500,000, which (i) accrues no interest, (ii) matures in 10 years, (iii) is initially convertible into 75% (post-conversion) of the fully diluted outstanding shares of common stock of the Company, and (iv) is later convertible into 90% (post-conversion) of the fully diluted outstanding shares of the Company upon entering into a "strategic expansion agreement" with C2A and acquisition of C2A's assets. If the Company fails to raise $600,000 in investment capital prior to December 31, 2015, the license shall convert to non-exclusive in the Agreement, $250,000 in principal of the note shall be cancelled and the conversion rights shall be adjusted accordingly. The Company has evaluated events subsequent to the balance sheet date through the issuance date of these financial statements in accordance with FASB ASC 855 and has determined there are no other events that would require adjustment to, or disclosure in, the financial statements.

SIGNIFICANT ACCOUNTING POLICI13

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Accounts Receivable	Accounts Receivable Accounts receivable are reported at the customers' outstanding balances less any allowance for doubtful accounts. Interest is not accrued on overdue accounts receivable. The Company evaluates receivables on a regular basis for potential reserve.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair value of the Company's financial instruments, consisting of cash and accounts payable and accrued liabilities, is equal to fair value due to their short-term to maturity. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.
Revenue Recognition	Revenue Recognition The Company recognizes revenue on an accrual basis. The Company generally earns revenue through the online sale of service minutes. These purchases obligate the Company to arrange a telephonic conversation with a designated service provider of the customers choosing. The Company remits a portion of the fee to the service provider and retains the balance. At the time of sale, the formal arrangements are made and the Company has fulfilled its obligation. Furthermore, the Company's portions of any fees collected are non-refundable. Revenue is generally realized or realizable and earned when all of the following criteria are met: 1) persuasive evidence of an arrangement exists between the Company and our customer(s); 2) services have been rendered; 3) our price to our customer is fixed or determinable; and 4) collectability is reasonably assured. For the six months ended March 31, 2015 and 2014, the Company recognized revenues of $81 and $1,711, respectively for which each of the four aforementioned criteria were satisfied.
Per Share Data	Per Share Data In accordance with "ASC 260 - Earnings per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. As of March 31, 2015 and 2014, the Company had no stock equivalents that were anti-dilutive and excluded in the loss per share computation.
Stock-Based Compensation	Stock-Based Compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company records the value for options granted over the vesting period of the options granted. Accordingly, the Company did not recognized expenses during the six months ended March 31, 2015 and 2014, respectively (see Note 6).
Investment in Securities	Investment in Securities The cost of the Company's cost-method investment consist of an investment in a company with which a merger is contemplated (see subsequent events footnote Note 7) that totaled $73,000 and $70,000 at March 31, 2015 and September 30, 2014, respectively. During the period ended March 31, 2015, the Company invested an additional $3,000 in the cost method investment for a total of $73,000. As the Company owned less than 20% of that company's stock as of March 31, 2015 and September 30, 2014, and no significant influence or control exists, the investment is accounted for using the cost method. The Company evaluated the investment for impairment. On March 6, 2015 the agreement between 321Lend and the Company was canceled and the value of the ownership in 321Lend was deemed to be worthless by management. Accordingly, an impairment expense of $73,000 was realized during the three months ended March 31, 2015.
Website Development Costs	Website Development Costs The Company capitalizes its costs to develop its website and when preliminary development efforts are successfully completed, management has authorized and committed project funding, and it is probable that the project will be completed and the website will be used as intended. Such costs are amortized on a straight-line basis over the estimated useful life of the related asset, which approximates three years. Costs incurred prior to meeting these criteria, together with costs incurred for training and maintenance, are expensed as incurred. Costs incurred for enhancements that are expected to result in additional material functionality are capitalized and expensed over the estimated useful life of the upgrades. The Company capitalized website costs of $-0- and $-0- during the six months ended March 31, 2015 and 2014, respectively. The Company's capitalized website amortization is included in depreciation and amortization in the Company's consolidated statements of operations, and totaled $14,229 and $14,229 for the six months ended March 31, 2015 and 2014, respectively.
Advertising Costs	Advertising Costs Advertising costs are to be expensed as incurred in accordance to Company policy; for the six ended March 31, 2015 and 2014, advertising expenses totaled $861 and $2,118, respectively.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Management has evaluated all recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the SEC did not, or are not believed by management to, have a material impact on the Company's present or future financial position, results of operations or cash flows.

INTANGIBLE ASSET (Tables)

INTANGIBLE ASSET (Tables)	6 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of other intangible assets	Gross Carrying Amount Accumulated Amortization Net Carrying Amount Weighted-Average Remaining Life March 31, 2015: Capitalized website development costs $ 84,436 $ (71,529 ) $ 12,907 0.46 years Total $ 84,436 $ (71,529 ) $ 12,907 0.46 years

SECURITIES AVAILABLE FOR SALE (

SECURITIES AVAILABLE FOR SALE (Tables)	6 Months Ended
	Mar. 31, 2015
Securities Available For Sale [Abstract]
Schedule of available-for-sale securities activity in TLNF	For the six months ended March 31, 2015 Shares Amount Gain (Loss) Shares held, September 30, 2014 9,143 $ 229 $ - Unrealized loss, March 31, 2015 (227 ) (227 ) Balance, March 31, 2015 9,143 $ 2 $ (227 )

ORGANIZATION AND DESCRIPTION 16

ORGANIZATION AND DESCRIPTION OF BUSINESS (Detail Textuals) - USD ($)	Mar. 31, 2015	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated losses	$ (1,574,174)	$ (1,294,258)

SIGNIFICANT ACCOUNTING POLICI17

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014	Sep. 30, 2014
Accounting Policies [Abstract]
Recognized revenues	$ 81	$ 182	$ 81	$ 1,711
Cost method investments	$ 73,000		73,000		$ 70,000
Cost method investment, additional amount			$ 3,000
Ownership percentage	20.00%		20.00%		20.00%
Asset impairment	$ 73,000		$ 73,000
Capitalized website costs	0	0	0	0
Depreciation and amortization	$ 7,036	$ 7,036	14,229	14,229
Advertising expenses			$ 861	$ 2,118

INTANGIBLE ASSET - Summary of o

INTANGIBLE ASSET - Summary of other intangible assets (Details) - USD ($)	6 Months Ended
	Mar. 31, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 84,436
Accumulated Amortization	(71,529)
Net Carrying Amount	$ 12,907	$ 27,136
Weighted-Average Remaining Life	5 months 16 days
Capitalized website development costs
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 84,436
Accumulated Amortization	(71,529)
Net Carrying Amount	$ 12,907
Weighted-Average Remaining Life	5 months 16 days

SECURITIES AVAILABLE FOR SALE -

SECURITIES AVAILABLE FOR SALE - Summary of activity in TLNF (Details) - USD ($)	6 Months Ended	12 Months Ended
	Mar. 31, 2015	Sep. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Shares held		9,143
Equity securities	$ 2	$ 229
Equity securities | Telecorp, Inc.
Schedule of Available-for-sale Securities [Line Items]
Shares held	9,143	9,143
Equity securities	$ 2	$ 229
Unrealized loss, Amount	(227)
Unrealized loss, Gain (Loss)	(227)
Unrealized Gain (Loss)	$ (227)

CONVERTIBLE NOTE PAYABLE (Detai

CONVERTIBLE NOTE PAYABLE (Detail Textuals) - USD ($)	Feb. 10, 2015	Feb. 02, 2015	May. 08, 2014	Nov. 24, 2014	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014	Sep. 30, 2014
Short-term Debt [Line Items]
Operating expenses					$ 98,060	$ 84,503	$ 164,450	$ 167,118
Interest expenses							21,500
Discount on convertible notes payable					0		0		$ 18,504
Convertible Promissory Note
Short-term Debt [Line Items]
Debt instrument, face amount			$ 53,000
Operating expenses			$ 53,000
Interest rate per annum			8.00%
Default interest rate			22.00%
Maturity date			Feb. 22, 2015
Debt instrument, variable rate			58.00%
Conversion price (in dollars per share)			$ 0.001
Beneficial conversion feature discount			$ 38,379
Interest expenses							2,437
Discount on convertible notes payable					0		0
Accrued interest					$ 5,483		$ 5,483
Period for right to convert into common stock			180 days
Convertible Promissory Note | Common stock
Short-term Debt [Line Items]
Conversion price (in dollars per share)	$ 0.0019			$ 0.0052
Discount on convertible notes payable				$ 2,069
Notes payable, amount	$ 10,105	$ 10,105		$ 10,000
Number of shares converted	5,318,421	5,318,421		1,923,077
Debt Instrument conversion increase				$ 21,500

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT) (Detail Textuals) - USD ($)	Feb. 10, 2015	Feb. 02, 2015	Mar. 25, 2015	Feb. 17, 2015	Jan. 27, 2015	Nov. 24, 2014	Nov. 19, 2014	Feb. 17, 2012	Mar. 31, 2015	Sep. 30, 2014	May. 08, 2014	Sep. 30, 2011	Sep. 29, 2011
Stockholders Equity [Line Items]
Forward stock split								ten (10) new for one (1)
Common stock, shares authorized									750,000,000	750,000,000		750,000,000	75,000,000
Common Stock, shares issued									110,069,041	88,977,543		82,250,000	8,225,000
Common Stock, shares outstanding									110,069,041	88,977,543		82,250,000	8,225,000
Common stock, par value (in dollars per share)								$ 0.001	$ 0.001	$ 0.001		$ 0.001
Shares issued, price per share					$ 0.0027
Common stock
Stockholders Equity [Line Items]
Common stock shares issued for services			4,800,000		200,000
Shares issued, price per share			$ 0.0027		$ 0.0015
Common stock issued for services			$ 12,960		$ 300
Subscriptions payable shares				8,850,000			6,000
Subscriptions payable value				$ 177,000			$ 300,000
Subscriptions payable per share				$ 0.02			$ 0.02
Amount of total capital raised							$ 500,000
Convertible Promissory Note
Stockholders Equity [Line Items]
Conversion price (in dollars per share)											$ 0.001
Convertible Promissory Note | Common stock
Stockholders Equity [Line Items]
Notes payable, amount	$ 10,105	$ 10,105				$ 10,000
Number of shares converted	5,318,421	5,318,421				1,923,077
Conversion price (in dollars per share)	$ 0.0019					$ 0.0052

SUBSEQUENT EVENTS (Detail Textu

SUBSEQUENT EVENTS (Detail Textuals) - USD ($)

May. 13, 2015

Apr. 08, 2015

Feb. 10, 2015

Feb. 02, 2015

Apr. 29, 2015

Nov. 24, 2014

Nov. 19, 2014

Jul. 17, 2014

Apr. 07, 2015

Mar. 31, 2015

Dec. 31, 2014

Sep. 30, 2014

May. 08, 2014

Subsequent Event [Line Items]

Investment in securities, at cost

$ 73,000

$ 70,000

Amount of note converted

54,395

$ 34,496

Common stock

Subsequent Event [Line Items]

Amount of total capital raised

$ 500,000

Convertible Promissory Note

Subsequent Event [Line Items]

Conversion price (in dollars per share)

$ 0.001

Convertible Promissory Note | Common stock

Subsequent Event [Line Items]

Number of shares converted

5,318,421

5,318,421

1,923,077

Conversion price (in dollars per share)

$ 0.0019

$ 0.0052

Plan Of Merger | PFN Sub, Corp and 321 Lend, Inc.

Subsequent Event [Line Items]

Number of shares issued

18,000,000

Value of shares issued

$ 270,000

Per share price of shares issued

$ 0.015

Amount of capital raised

$ 177,000

Plan Of Merger | 321 Lend, Inc.

Subsequent Event [Line Items]

Investment in securities, at cost

$ 73,000

Subsequent Event | Convertible Promissory Note | Common stock

Subsequent Event [Line Items]

Amount of note converted

$ 4,060

$ 5,145

$ 4,380

Number of shares converted

5,384,615

5,415,789

5,407,407

Conversion price (in dollars per share)

$ 0.000754

$ 0.00095

$ 0.00081

Subsequent Event | Plan Of Merger

Subsequent Event [Line Items]

Number of shares removed from escrow

18,000,000

SUBSEQUENT EVENTS (Detail Tex23

SUBSEQUENT EVENTS (Detail Textuals 1) - Convertible Promissory Note - USD ($)	1 Months Ended
	May. 29, 2015	May. 08, 2014
Subsequent Event [Line Items]
Convertible promissory note, principal amount		$ 53,000
Subsequent Event | Master Reseller/Vendor License Agreement | Code2Action, Inc.
Subsequent Event [Line Items]
Convertible promissory note, principal amount	$ 500,000
Maturity term	10 years
Percentage of initial conversion in fully diluted outstanding common stock	75.00%
Percentage of converted diluted outstanding common stock after initial conversion	90.00%
Minimum amount of investment capital to be raised prior to December 31, 2015	$ 600,000
Amount of principle cancelled	$ 250,000