Cover
Cover - shares | 9 Months Ended | |
Jun. 30, 2021 | Sep. 02, 2021 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Jun. 30, 2021 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2021 | |
Current Fiscal Year End Date | --09-30 | |
Entity File Number | 333-174194 | |
Entity Registrant Name | GRAPHENE & SOLAR TECHNOLOGIES LTD | |
Entity Central Index Key | 0001497649 | |
Entity Tax Identification Number | 27-2888719 | |
Entity Incorporation, State or Country Code | CO | |
Entity Address, Address Line One | 23 Corporate Plaza Drive | |
Entity Address, Address Line Two | Suite 150 | |
Entity Address, City or Town | Newport Beach | |
Entity Address, State or Province | CA | |
Entity Address, Postal Zip Code | 92660 | |
City Area Code | 949 | |
Local Phone Number | 478-8387 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | No | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 290,237,369 |
CONDENSED CONSOLIDATED BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) | Jun. 30, 2021 | Sep. 30, 2020 |
Current Assets: | ||
Cash | $ 1,170 | $ 12 |
Prepaid expenses | 15,579 | 0 |
Total Current Assets | 16,749 | 12 |
Other Assets: | ||
Furniture & Equipment, net of depreciation, $88,250 and $71,803 | 1,041 | 12,259 |
Total Other Assets | 1,041 | 12,259 |
Total Assets | 17,790 | 12,271 |
Current Liabilities: | ||
Accounts payable and other payable | 845,002 | 653,476 |
Accrued interest payable | 147,763 | 132,099 |
Notes payable-in default | 78,795 | 60,000 |
Due to related parties | 863,708 | 717,075 |
Convertible notes payable-, net of discount $0 and $0, $52,703 in default | 139,563 | 116,264 |
Other loans | 5,755 | 5,632 |
Total Current Liabilities | 2,080,586 | 1,684,546 |
Total Liabilities | 2,080,586 | 1,684,546 |
Stockholders’ Deficit: | ||
Common stock, $0.00001 par value; 500,000,000 and 500,000,000 shares authorized; 256,571,765 and 246,248,723 shares issued and outstanding | 2,569 | 2,463 |
Additional paid-in capital | 14,159,840 | 9,508,943 |
Accumulated other comprehensive income | 768 | 52,015 |
Accumulated deficit | (16,225,973) | (11,235,696) |
Total stockholders’ deficit | (2,062,796) | (1,672,275) |
Total liabilities and stockholders’ deficit | $ 17,790 | $ 12,271 |
CONDENSED CONSOLIDATED BALANC_2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) | Jun. 30, 2021 | Sep. 30, 2020 |
Statement of Financial Position [Abstract] | ||
Furniture & Equipment, net of depreciation | $ 88,250 | $ 71,803 |
Debt Instrument, Unamortized Discount, Current | $ 0 | $ 52,703 |
Preferred stock, par value | $ 0.00001 | $ 0.00001 |
Preferred shares, authorized | 10,000,000 | 10,000,000 |
Preferred stock, issued | 0 | 0 |
Preferred stock, outstanding | 0 | 0 |
Common stock, par value | $ 0.00001 | $ 0.00001 |
Common stock, authorized | 500,000,000 | 500,000,000 |
Common stock, issued | 256,571,765 | 246,248,723 |
Common stock,outstanding | 256,571,765 | 246,248,723 |
CONDENSED CONSOLIDATED STATEMEN
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Income Statement [Abstract] | ||||
Revenues | $ 0 | $ 0 | $ 0 | $ 0 |
Costs and expenses | ||||
Professional Services | 625,077 | 426,111 | 4,755,431 | 739,835 |
General and administrative | 35,567 | 37,999 | 116,917 | 123,409 |
Total costs and expenses | 660,644 | 464,110 | 4,872,348 | 863,244 |
Loss from operations | (660,644) | (464,110) | (4,872,348) | (863,244) |
Other income | 6,656 | 1,972 | 11,165 | 5,997 |
Interest expense | (99,267) | (13,349) | (129,094) | (35,794) |
Total other income (expense) | (92,611) | (11,377) | (117,929) | (29,797) |
Net Income (Loss) | (753,255) | (475,487) | (4,990,277) | (893,041) |
Comprehensive income (Loss) | 16,078 | (74,818) | 51,247 | (19,414) |
Net Comprehensive Income (Loss) | $ (737,177) | $ (550,305) | $ (4,939,030) | $ (912,455) |
Income (Loss) per share: | ||||
Basic and diluted | $ 0 | $ 0 | $ (0.02) | $ 0 |
Weighted average shares outstanding | 255,844,773 | 244,152,338 | 252,945,462 | 243,135,417 |
CONDENSED CONSOLIDATED STATEM_2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS'EQUITY DEFICIENCY (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | AOCI Attributable to Parent [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Sep. 30, 2019 | $ 2,424 | $ 9,047,139 | $ 100,717 | $ (10,132,535) | $ (982,255) |
Beginning balance, shares at Sep. 30, 2019 | 242,449,767 | ||||
Shares issued in connection with the sale of common stock | $ 3 | 52,999 | 53,002 | ||
Shares issued in connection with the sale of common stock, shares | 153,333 | ||||
Debt discount on convertible notes | 68,220 | 68,220 | |||
Foreign currency translation adjustment | (21,101) | (22,101) | |||
Net loss | (240,654) | (240,654) | |||
Ending balance, value at Dec. 31, 2019 | $ 2,427 | 9,168,358 | 79,616 | (10,373,189) | (1,122,788) |
Ending balance, shares at Dec. 31, 2019 | 242,603,100 | ||||
Shares issued in connection with the sale of common stock | $ 3 | 15,781 | 15,784 | ||
Shares issued in connection with the sale of common stock, shares | 356,467 | ||||
Foreign currency translation adjustment | 76,505 | 76,505 | |||
Net loss | (176,900) | (176,900) | |||
Ending balance, value at Mar. 31, 2020 | $ 2,430 | 9,184,139 | 156,121 | (10,550,089) | (1,207,399) |
Ending balance, shares at Mar. 31, 2020 | 242,959,567 | ||||
Shares issued in connection with the sale of common stock | $ 3 | 17,679 | 17,682 | ||
Shares issued in connection with the sale of common stock, shares | 289,156 | ||||
Debt discount on convertible notes | 68,220 | 68,220 | |||
Stock-based compensation expense | $ 30 | 299,970 | 300,000 | ||
Stock-based compensation expense, shares | 3,000,000 | ||||
Foreign currency translation adjustment | (74,818) | (74,821) | |||
Net loss | (475,487) | (475,487) | |||
Ending balance, value at Jun. 30, 2020 | $ 2,463 | 9,501,788 | 81,303 | (10,935,573) | (1,440,022) |
Ending balance, shares at Jun. 30, 2020 | 246,248,723 | ||||
Beginning balance, value at Sep. 30, 2020 | $ 2,463 | 9,508,943 | 52,015 | (11,235,696) | (1,672,275) |
Beginning balance, shares at Sep. 30, 2020 | 246,248,723 | ||||
Shares issued in connection with the sale of common stock | $ 15 | 84,723 | 84,738 | ||
Shares issued in connection with the sale of common stock, shares | 1,450,000 | ||||
Stock-based compensation expense | $ 31 | 404,969 | 405,000 | ||
Stock-based compensation expense, shares | 3,100,000 | ||||
Foreign currency translation adjustment | (82,637) | (82,637) | |||
Net loss | (639,185) | (639,185) | |||
Ending balance, value at Dec. 31, 2020 | $ 2,509 | 9,998,635 | (30,622) | (11,874,881) | (1,904,359) |
Ending balance, shares at Dec. 31, 2020 | 250,798,723 | ||||
Shares issued in connection with the sale of common stock | 30,476 | 30,476 | |||
Stock-based compensation expense | $ 37 | 3,422,463 | 3,422,500 | ||
Stock-based compensation expense, shares | 3,688,596 | ||||
Foreign currency translation adjustment | 15,312 | 15,312 | |||
Net loss | (3,597,837) | (3,597,837) | |||
Beneficial conversion discount on convertible notes payable | 43,475 | 43,475 | |||
Ending balance, value at Mar. 31, 2021 | $ 2,546 | 13,495,049 | (15,310) | (15,472,718) | (1,990,433) |
Ending balance, shares at Mar. 31, 2021 | 254,487,319 | ||||
Shares issued in connection with the sale of common stock | $ 5 | 22,874 | 22,879 | ||
Shares issued in connection with the sale of common stock, shares | 450,000 | ||||
Stock-based compensation expense | $ 11 | 480,989 | 481,000 | ||
Stock-based compensation expense, shares | 1,100,000 | ||||
Foreign currency translation adjustment | 16,078 | 16,078 | |||
Net loss | (753,255) | (753,255) | |||
Beneficial conversion discount on convertible notes payable | 33,885 | 33,885 | |||
Shares issued in connection with conversion of notes payable | $ 7 | 127,043 | 127,050 | ||
Shares issued in connection with conversion of notes payable, shares | 534,446 | ||||
Ending balance, value at Jun. 30, 2021 | $ 2,569 | $ 14,159,840 | $ 768 | $ (16,225,973) | $ (2,062,796) |
Ending balance, shares at Jun. 30, 2021 | 256,571,765 |
CONDENSED CONSOLIDATED STATEM_3
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) | 9 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Cash flows from operating activities | ||
Net Income (loss) | $ (4,990,277) | $ (893,041) |
Adjustments to reconcile net income/(loss) to net cash from operating activities: | ||
Stock-based compensation | 4,308,500 | 300,000 |
Depreciation expense | 12,403 | 11,995 |
Amortization of discount | 106,670 | 19,411 |
Change in operating assets and liabilities: | ||
Accounts payable | 191,526 | 206,230 |
Accrued interest payable | 21,714 | 16,402 |
Receivables | 0 | 5,197 |
Pre-Payments | (15,579) | (806) |
Due to related parties | 146,633 | 120,845 |
Net cash used in operating activities | (218,410) | (213,764) |
Cash flows from investing activities | ||
Cash paid for purchase of fixed assets | (381) | 0 |
Net cash used in investing activities | (381) | 0 |
Cash flows from financing activities | ||
Due to Affiliates | 0 | |
Proceeds from issuance of common stock | 138,093 | 86,468 |
Repayments to related party | 0 | 0 |
Issuance of short term note payable, net of OID | 133,785 | 68,220 |
Net cash from financing activities | 271,878 | 154,688 |
Effect of currency translations to cash flow | (51,929) | (14,415) |
Net change in cash and cash equivalents | 1,158 | (73,494) |
Beginning of period | 12 | 74,241 |
End of period | 1,170 | 747 |
Supplemental cash flow information | ||
Interest paid | 0 | 0 |
Taxes | 0 | 0 |
Noncash investing and financing activities: | ||
Debt discount on convertible notes | 77,360 | 68,220 |
Conversion of loan principal & accrued interest into shares | $ 127,050 | $ 0 |
BASIS OF PRESENTATION
BASIS OF PRESENTATION | 9 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
BASIS OF PRESENTATION | NOTE 1 – BASIS OF PRESENTATION These consolidated financial statements of Graphene & Solar Technologies Limited (GSTX or the Company) have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). In the opinion of management, these financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results for the interim periods. Certain information, accounting policies and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been omitted pursuant to Securities and Exchange Commission (SEC) rules and regulations. These financial statements should be read along with Solar Quartz’s audited financial statements as of September 30, 2020. Going Concern Going Concern 16,225,973 Future issuances of the Company’s equity or debt securities will be required for the Company to finance operations and continue as a going concern. The financial statements do not include any adjustments that may result from the outcome of these uncertainties. |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION | 9 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION | NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION Principles of Consolidation and Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the accounting and disclosure rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). A summary of the significant accounting policies applied in the preparation of the accompanying financial statements can be found in the Company’s Annual Report in form 10-K for the year ended September 30, 2020. Use of Estimates Significant estimates include but are not limited to the estimated useful lives of equipment for purposes of depreciation and the valuation of common shares issued for services, equipment and the liquidation of liabilities. Cash and Cash Equivalents 1,170 747 no Concentrations Derivative Financial Instruments The Company records all derivatives on the balance sheet at fair value, adjusted at the end of each reporting period to reflect any material changes in fair value, with any such changes classified as changes in derivatives valuation in the statement of operations. The calculation of the fair value of derivatives utilizes highly subjective and theoretical assumptions that can materially affect fair values from period to period. The recognition of these derivative amounts does not have any impact on cash flows. At the date of the conversion of any convertible debt, the pro rata fair value of the related embedded derivative liability is transferred to additional paid-in capital. There was no derivative activity in fiscal quarter ending June 30, 2020. Therefore, no derivative liabilities were recorded during the quarter ended June 30, 2021. Stock-Based Compensation “Compensation - Stock Compensation,” During the quarter ended June 30, 2021, the Company issued 1,100,000 7,888,596 481,000 During the quarter ended June 30, 2021, the Company issued no shares of the Company’s common stock to members of the Board of Directors or employees. Total stock-based compensation expense was $ 481,000 300,000 Foreign Currency Translations Earnings Per Share Reclassifications |
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES PAYABLE | 9 Months Ended |
Jun. 30, 2021 | |
Debt Disclosure [Abstract] | |
CONVERTIBLE NOTES PAYABLE | NOTE 3 – CONVERTIBLE NOTES PAYABLE The Company’s indebtedness as of June 30,2021 and September 30, 2020 were as follows: Schedule of notes payable Schedule of notes payable Description June 30, September 30, Convertible notes $ 139,563 $ 116,264 Notes Payable $ 78,795 $ 60,000 Other loans 5,755 5,632 Notes Payable and Other Loans During 2015 and 2016, the Company executed promissory notes payable with six individuals with an aggregate principal balance of $ 60,000 10 95,197 90,710 35,197 30,710 10,000 During the year ended September 30, 2020 a Company Advisor, loaned the Company $ 5,781 On May 18, 2021 a Company Advisor, loaned the Company $ 18,795 Convertible Notes Payable As of June 30, 2021 and September 30, 2020, noteholders representing $ 70,747 155,611 147,673 84,863 76,926 47,012 44,614 On February 1, 2016, the Company issued convertible secured note payable of $ 30,000 January 31, 2017 10 0.50 46,241 43,997 16,241 13,997 92,482 86,482 On December 5, 2019, the Company issued a convertible note payable in the amount of $ 68,220 10 December 5, 2021 10,718 On October 2, 2020, the Company closed a Securities Purchase Agreement with Geneva Roth Remark Holdings Inc (“GRRH”). In connection therewith, the Company issued GRRH a convertible note payable in the amount of $ 68,000 10 September 24, 2021 3,000 This convertible note and accrued interest of $ 3,400 232,823 41,543 On November 11, 2020, the Company closed a Securities Purchase Agreement with Geneva Roth Remark Holdings Inc (“GRRH”). In connection therewith, the Company issued GRRH a convertible note payable in the amount of $ 53,000 10 November 11, 2020 3,000 The majority shareholder agreed to increase authorized shares if needed in order to settle this convertible loan note debt. The note was discounted for the full amount and fully amortized during the period. The full discount of $ 33,885 This convertible note and accrued interest of $ 2,650 301,623 |
RELATED PARTY
RELATED PARTY | 9 Months Ended |
Jun. 30, 2021 | |
Related Party Transactions [Abstract] | |
RELATED PARTY | NOTE 4- RELATED PARTY PGRNZ Limited, a management company controlled by the Company’s Chief Executive Officer, and a Company Director, provides management services to the Company for which the Company is charged $75,000(AUD) quarterly, approximately $ 56,385 As of June 30, 2021 and September 30, 2020, accrued expenses due to PGRNZ and other related parties was $ 863,708 717,075 |
STOCKHOLDERS_ EQUITY
STOCKHOLDERS’ EQUITY | 9 Months Ended |
Jun. 30, 2021 | |
Equity [Abstract] | |
STOCKHOLDERS’ EQUITY | NOTE 5 – STOCKHOLDERS’ EQUITY Other than for Stock based compensation (see Note 2) and conversions of Notes Payables, 1,900,000 107,617 The Company has a total of 6,778,366 |
COMMITTMENTS & CONTINGENCIES
COMMITTMENTS & CONTINGENCIES | 9 Months Ended |
Jun. 30, 2021 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITTMENTS & CONTINGENCIES | NOTE 6 – COMMITTMENTS & CONTINGENCIES Contingencies From time to time, we may be involved in routine legal proceedings, as well as demands, claims and threatened litigation that arise in the normal course of our business. The ultimate amount of liability, if any, for any claims of any type (either alone or in the aggregate) may materially and adversely affect our financial condition, results of operations and liquidity. In addition, the ultimate outcome of any litigation is uncertain. Any outcome, whether favorable or unfavorable, may materially and adversely affect us due to legal costs and expenses, diversion of management attention and other factors. We expense legal costs in the period incurred. We cannot assure you that additional contingencies of a legal nature or contingencies having legal aspects will not be asserted against us in the future, and these matters could relate to prior, current or future transactions or events. As of June 30, 2021, there were no pending or threatened litigation against the Company. |
NEW SUBSIDIARY COMPANY
NEW SUBSIDIARY COMPANY | 9 Months Ended |
Jun. 30, 2021 | |
New Subsidiary Company | |
NEW SUBSIDIARY COMPANY | NOTE 7 – NEW SUBSIDIARY COMPANY US Thin-Film Corporation was registered in April 2021 in the State of Nevada USA as a wholly owned subsidiary of Graphene & Solar Technologies Limited. The purpose of this subsidiary is to hold all of the share capital in Cima Specialty Materials Ltd (“CSML”). |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Jun. 30, 2021 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 8 – SUBSEQUENT EVENTS During the month of July 2021 additional Common shares of 1,000,000 0.20 500,000 0.50 Cima Specialty Materials Ltd “CSML” has been acquired by US Thin-Film Corporation under a Share Sale and Purchase Agreement with parent company CIMA Nanotech Holdings Limited. Under the terms of the Agreement 31,665,604 Regulation 144, restricted Common shares of the Company were agreed, approved and issued as full and total consideration for the share sale and purchase of CSML. (Refer also ITEM II MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND PLAN OF OPERATION.) |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Policies) | 9 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
Principles of Consolidation and Basis of Presentation | Principles of Consolidation and Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the accounting and disclosure rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). A summary of the significant accounting policies applied in the preparation of the accompanying financial statements can be found in the Company’s Annual Report in form 10-K for the year ended September 30, 2020. |
Use of Estimates | Use of Estimates Significant estimates include but are not limited to the estimated useful lives of equipment for purposes of depreciation and the valuation of common shares issued for services, equipment and the liquidation of liabilities. |
Cash and Cash Equivalents | Cash and Cash Equivalents 1,170 747 no |
Concentrations | Concentrations |
Derivative Financial Instruments | Derivative Financial Instruments The Company records all derivatives on the balance sheet at fair value, adjusted at the end of each reporting period to reflect any material changes in fair value, with any such changes classified as changes in derivatives valuation in the statement of operations. The calculation of the fair value of derivatives utilizes highly subjective and theoretical assumptions that can materially affect fair values from period to period. The recognition of these derivative amounts does not have any impact on cash flows. At the date of the conversion of any convertible debt, the pro rata fair value of the related embedded derivative liability is transferred to additional paid-in capital. There was no derivative activity in fiscal quarter ending June 30, 2020. Therefore, no derivative liabilities were recorded during the quarter ended June 30, 2021. |
Stock-Based Compensation | Stock-Based Compensation “Compensation - Stock Compensation,” During the quarter ended June 30, 2021, the Company issued 1,100,000 7,888,596 481,000 During the quarter ended June 30, 2021, the Company issued no shares of the Company’s common stock to members of the Board of Directors or employees. Total stock-based compensation expense was $ 481,000 300,000 |
Foreign Currency Translations | Foreign Currency Translations |
Earnings Per Share | Earnings Per Share |
Reclassifications | Reclassifications |
CONVERTIBLE NOTES PAYABLE (Tabl
CONVERTIBLE NOTES PAYABLE (Tables) | 9 Months Ended |
Jun. 30, 2021 | |
Debt Disclosure [Abstract] | |
Schedule of notes payable | Schedule of notes payable Description June 30, September 30, Convertible notes $ 139,563 $ 116,264 Notes Payable $ 78,795 $ 60,000 Other loans 5,755 5,632 |
BASIS OF PRESENTATION (Details
BASIS OF PRESENTATION (Details Narrative) - USD ($) | Jun. 30, 2021 | Sep. 30, 2020 |
Accounting Policies [Abstract] | ||
Accumulated deficit | $ 16,225,973 | $ 11,235,696 |
SUMMARY OF SIGNIFICANT ACCOUN_3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Details Narrative) - USD ($) | 9 Months Ended | |||
Jun. 30, 2021 | Jun. 30, 2020 | Sep. 30, 2020 | Sep. 30, 2019 | |
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Cash | $ 1,170 | $ 747 | $ 12 | $ 74,241 |
Cash equivalents | 0 | 0 | ||
Proceed from issuance of share | 138,093 | 86,468 | ||
Stock-based compensation expense | $ 481,000 | $ 300,000 | ||
Consultants [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Number of shares issued | 1,100,000 | 7,888,596 | ||
Proceed from issuance of share | $ 481,000 |
CONVERTIBLE NOTES PAYABLE (Deta
CONVERTIBLE NOTES PAYABLE (Details) - USD ($) | Jun. 30, 2021 | Sep. 30, 2020 |
Debt Disclosure [Abstract] | ||
Convertible notes | $ 139,563 | $ 116,264 |
Notes Payable | 78,795 | 60,000 |
Other loans | $ 5,755 | $ 5,632 |
CONVERTIBLE NOTES PAYABLE (De_2
CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($) | Nov. 11, 2020 | Dec. 05, 2019 | Jan. 15, 2019 | Feb. 01, 2016 | Oct. 02, 2020 | Jun. 30, 2021 | May 18, 2021 | Sep. 30, 2020 |
Debt Instrument [Line Items] | ||||||||
Convertible notes payable | $ 139,563 | $ 116,264 | ||||||
Accrued interest | 147,763 | 132,099 | ||||||
Due to related party | $ 863,708 | $ 717,075 | ||||||
Common stock, shares issued | 256,571,765 | 246,248,723 | ||||||
Advisior [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Due to related party | $ 18,795 | $ 5,781 | ||||||
Promissory Notes Payable [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Principal amount | $ 60,000 | |||||||
Interest rate | 10.00% | |||||||
Convertible notes payable | $ 95,197 | 90,710 | ||||||
Accrued interest | 35,197 | 30,710 | ||||||
Principal balance | $ 10,000 | |||||||
Convertible Secured Notes Payable [Member] | Noteholders [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Principal amount of outstanding on debt | 70,747 | |||||||
Convertible Secured Notes Payable [Member] | Individual Counterparty [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Interest rate | 10.00% | |||||||
Convertible notes payable | $ 30,000 | 46,241 | 43,997 | |||||
Accrued interest | $ 16,241 | $ 13,997 | ||||||
Common stock, shares issued | 92,482 | 86,482 | ||||||
Maturity date | Jan. 31, 2017 | |||||||
Common stock per share | $ 0.50 | |||||||
Convertible Notes Payable [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Interest rate | 10.00% | |||||||
Maturity date | Dec. 5, 2021 | |||||||
Unamortized discount | $ 10,718 | |||||||
Convertible Notes Payable [Member] | Noteholders [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Accrued interest | $ 84,863 | $ 76,926 | ||||||
Principal amount of outstanding on debt | 70,747 | |||||||
Exchange obligation payable | $ 155,611 | $ 147,673 | ||||||
Common stock, shares issued | 47,012 | 44,614 | ||||||
Convertible Notes Payable [Member] | Individual Counterparty [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Convertible notes payable | $ 68,220 | |||||||
Convertible Note Payable [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Unamortized discount | $ 33,885 | |||||||
Convertible Note Payable [Member] | G R R H [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Unamortized discount | $ 41,543 | |||||||
Convertible Note Payable [Member] | G R R H [Member] | Securities Purchase Agreement [Member] | ||||||||
Debt Instrument [Line Items] | ||||||||
Principal amount | $ 53,000 | $ 68,000 | ||||||
Interest rate | 10.00% | 10.00% | ||||||
Maturity date | Nov. 11, 2020 | Sep. 24, 2021 | ||||||
Unamortized discount | $ 3,000 | $ 3,000 | ||||||
Converted amount | $ 3,400 | $ 2,650 | ||||||
Shares converted | 232,823 | 301,623 |
RELATED PARTY (Details Narrativ
RELATED PARTY (Details Narrative) - USD ($) | 9 Months Ended | |
Jun. 30, 2021 | Sep. 30, 2020 | |
Related Party Transactions [Abstract] | ||
Services Charges | $ 56,385 | |
Accrued expenses Due to related parties | $ 863,708 | $ 717,075 |
STOCKHOLDERS_ EQUITY (Details N
STOCKHOLDERS’ EQUITY (Details Narrative) | 9 Months Ended |
Jun. 30, 2021USD ($)shares | |
Equity [Abstract] | |
New common share issued | 1,900,000 |
Stock Issued During Period, Value, New Issues | $ | $ 107,617 |
Number Of Shares Approved | 6,778,366 |
SUBSEQUENT EVENTS (Details Narr
SUBSEQUENT EVENTS (Details Narrative) - $ / shares | 1 Months Ended | |
Jul. 31, 2021 | May 31, 2021 | |
Subsequent Event [Line Items] | ||
Additional common shares issued | 1,000,000 | |
Share price | $ 0.50 | |
Stock Issued for compensation | 500,000 | |
Subsequent Event [Member] | ||
Subsequent Event [Line Items] | ||
Share price | $ 0.20 |