Ngen Technologies 10-K 12 Jan 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Sep. 30, 2017	Jan. 12, 2018	Mar. 31, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Go Eco Group
Document Type	10-K
Current Fiscal Year End Date	--09-30
Amendment Flag	false
Entity Central Index Key	1,503,161
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Common Stock, Shares Outstanding		21,070,394
Entity Public Float			$ 201,265

BALANCE SHEET

BALANCE SHEET - USD ($)	Sep. 30, 2017	Sep. 30, 2016
CURRENT ASSETS:
Cash and Cash Equivalents	$ 67,353	$ 1,804
Total Current Assets	67,353	1,804
TOTAL ASSETS	67,353	1,804
Current liabilities
Accounts payable and accrued expense	133,970	49,433
Convertible notes payable	973,086	517,736
Total Current Liabilities	1,107,056	567,169
TOTAL LIABILITIES	1,107,056	567,169
STOCKHOLDERS EQUITY
Preferred Stock: 10,000,000 shares authorized par value $0.001 per share; 10,000,000 and none issued and outstanding, respectively	10,000	10,000
Common Stock: 10,000,000,000 shares authorized par value $0.001 per share; issued and outstanding, 14,468,303 at September 30, 2017 and 1,888,832 at September 30, 2016	14,468	1,888
Additional paid-in capital	1,801,619	824,414
Accumulated deficit	(2,865,790)	(1,401,668)
TOTAL STOCKHOLDERS' DEFICIT	(1,039,702)	(565,365)
TOTAL LIABILITIES AND EQUITY	$ 67,353	$ 1,804

BALANCE SHEET (Parenthetical)

BALANCE SHEET (Parenthetical) - $ / shares	Sep. 30, 2017	Sep. 30, 2016
Statement of Financial Position [Abstract]
Preferred shares, par value	$ 0.001	$ 0.001
Preferred shares, shares authorized	10,000,000	10,000,000
Preferred shares, shares issued	0	0
Preferred shares, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	10,000,000,000	10,000,000,000
Common stock, issued	14,468,303	1,888,832
Common stock, outstanding	14,468,303	1,888,832

STATEMENT OF OPERATIONS

STATEMENT OF OPERATIONS - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Sales
Sales	$ 48,900	$ 0
Cost of sales	14,000	0
Gross profit	34,990	0
Operating Expenses
General and Administrative Expenses	1,377,609	285,367
Operating loss	(1,342,619)	(285,367)
Other Income (Expense):
Interest income	4	0
Interest expenses	(151,010)	(64,345)
Debt settlement	29,503	47,510
Impairment of assets	0	(16,234)
Total other expense	(121,503)	(33,068)
Net Loss	$ (1,464,122)	$ (318,436)
Loss per Share, Basic & Dilutive	$ (0.36)	$ (0.43)
Weighted Average Shares Outstanding	4,089,611	798,545

STATEMENT OF SHAREHOLDERS DEFIC

STATEMENT OF SHAREHOLDERS DEFICIT - USD ($)	Common Stock	Preferred Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, Amount at Sep. 30, 2015	$ 2,029,652	$ 10,000	$ (1,323,118)	$ (1,083,232)	$ (366,698)
Beginning balance, Shares at Sep. 30, 2015	2,029,651,437	10,000,000
Common stock issued for debt, Amount	$ 729,504		(698,735)		39,769
Common stock issued for debt, Shares	729,504,288
Common stock issued for service, Amount	$ 1,100		78,900		80,000
Common stock issued for service, Shares	1,100,000
Reverse of common stock, Amount	$ (2,758,367)		2,758,367
Reverse of common stock, Shares	(2,758,367,395)
Rounding on reverse of common stock	$ 502
Net loss					(318,436)
Ending balance, Amount at Sep. 30, 2016	$ 1,889	$ 10,000	824,414	(1,401,668)	(565,365)
Ending balance, Shares at Sep. 30, 2016	1,888,832	10,000,000
Common stock issued for debt, Amount	$ 6,699		138,920		145,619
Common stock issued for debt, Shares	6,699,471
Common stock issued for service, Amount	$ 5,880		838,285		844,165
Common stock issued for service, Shares	5,880,000
Net loss				(1,464,122)	(1,464,122)
Ending balance, Amount at Sep. 30, 2017	$ 14,468	$ 10,000	$ 1,801,619	$ (2,865,790)	$ (1,039,702)
Ending balance, Shares at Sep. 30, 2017	14,468,303	10,000,000

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
OPERATING ACTIVITIES:
Net Loss	$ (1,464,122)	$ (318,436)
Adjustments to reconcile net loss to net cash used in operating activities
Stock issued for service expense	844,164	10,000
Debt settlement	0	(30,000)
Impairment of assets	43,324	0
Amortization of debt discount and finance charges	45,970	0
Changes in operating assets and liabilities
Inventory	0	23,880
Prepaid expenses	0	0
Deferred revenue	0	0
Accounts payable and accrued expense	84,537	(27,471)
Net cash used in operating activities	(446,127)	(287,085)
INVESTING ACTIVITY
Loans to Eco Cab	(197,520)	0
Repayment from Eco Cab	154,196	0
Net cash used in investing activities	(43,324)	0
FINANCING ACTIVITIES:
Proceeds from issuance of convertible note	555,000	271,968
Net cash provided by financing activities	555,000	271,968
Net increase (decrease) in cash and cash equivalents	65,549	(15,117)
Cash and cash equivalents at Beginning of the Period	1,804	16,921
Cash and cash equivalents at End of Period	67,353	1,804
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Stock issued for convertible debt	145,620	29,769
Stock issued for settlement of notes payable	0	20,000
Stock issued for stock payable	$ 0	$ 50,000

NOTE 1 - NATURE OF OPERATIONS

NOTE 1 - NATURE OF OPERATIONS	12 Months Ended
	Sep. 30, 2017
Note 1 - Nature Of Operations
NATURE OF OPERATIONS	Organization The Go Eco Group, Inc. (formally Liberated Energy, Inc) (the "Company"), formerly known as Mega World Food Holdings Company is a Nevada corporation formed on September 14, 2010. On January 19, 2013, pursuant to a Common Stock Purchase Agreement, dated January 7, 2013, Perpetual Wind Power Corporation, a privately held corporation formed under the laws of the State of Delaware on July 1, 2010, acquired 24,500,000 non-registered shares of the Company from its shareholders, thereby owning 24,500,000 out of a total of 25,000,000 issued and outstanding shares of the Company. Thereafter, the Company acquired from Perpetual Wind Power Corporation its patented wind and solar powered turbine technology for 2,500,000 newly issued shares of the Company which were distributed in a dividend to its shareholders and Perpetual Wind Power Corporation returned to treasury its 24,500,000 shares it acquired from the Company's shareholders. As a result of this transaction, the Company had on January 19, 2013, 3,000,000 shares issued and outstanding. On February 14, 2013, the Company changed its name from Mega World Food Holding Company to The Go Eco Group, Inc. and underwent a 24 for 1 stock split, whereby the Company's outstanding shares increased from 3,000,000 to 72,000,000. On January 19, 2013, the Company disposed of its wholly-owned subsidiary, Mega World Food Limited (HK). Mega World Food Limited (HK) was incorporated on June 24, 2010 and was in the business of selling frozen vegetables in all areas of the world except China. From inception, Mega World Food Limited (HK) only incurred setting up, formation or organization activities. Upon disposal, the Company ceased these operations and accordingly, the Company's financial statements have been prepared with the net assets, results of operations, and cash flows of this business displayed separately as "discontinued operations." On February 4, 2015, the Company increased their number of authorized preferred shares from 10,000,000 to 100,000,000 and authorized common shares from 250,000,000 to 900,000,000. On December 31, 2015, the Company amended the preferred shares voting rights increasing the voting of each preferred share from 100 to 10,000 votes on any action voted on by the common stock holders On July 6, 2016, the Company adopted a 1-for-3,500 reverse split of the Company's common stock that as of June 30, 2016, was not yet effective. On September 14, 2016, the Company entered into an agreement with Ron Knori (Kroni) Owner of EcoCab Portland, LLC by which the Company will acquire all outstanding ECGLLC membership interest for a 20% non-dilutive interest of the outstanding shares of the Company with the first closing of the agreement. The foregoing agreement was amended on October 11, 2016 and the Company also entered into an Addendum to the amended agreement. The foregoing agreement and transaction described therein has not been completed as of the date of this report and there is no assurance that the transaction will ever be completed, and the Company is contemplating rescinding the agreement and initiating suit against Knori. On January 27, 2017, the Company reduced the authorized shares of common stock from 10,000,000,000 to 2,000,000,000 and changed the name from The Go Eco Group, Inc to The Go Eco Group. On March 6, 2017, the Company terminated the agreements with Ron Knori and EcoCab based upon breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

NOTE 2 - SUMMARY OF SIGNIFICANT

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Sep. 30, 2017
Note 2 - Summary Of Significant Accounting Policies
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Accounting The Company maintains its books and records on the accrual basis of accounting. The accompanying financial statements have been prepared on that basis, in which revenues and gains are recognized when earned and expenses and losses are recognized when incurred. Use of Estimates The presentation of financial statements in conformity with generally accepted accounting principles in the United States of America 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. Cash and Cash Equivalents For the purpose of the statement of cash flows, cash and cash equivalents include all cash balances, which are not subject to withdrawal restrictions or penalties, and highly liquid investments and debt instruments with a maturity of three months or less from the date of purchase. Fair Value of Financial Instruments Our short-term financial instruments, including cash, other assets and accounts payable and accrued expenses consist primarily of instruments without extended maturities, the fair value of which, based on management's estimates, reasonably approximate their book value. The fair value of our notes and advances payable is based on management estimates and reasonably approximates their book value based on their current maturity. Net Loss per Common Share The Company computes per share amounts in accordance with Statement of Financial Accounting Standards (SFAS) ASC 260, Earnings per Share (EPS). ASC 260 requires presentation of basic and diluted EPS. Basic EPS is computed by dividing the income (loss) available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods. Property, Equipment, and Intangible Assets Property and equipment are carried at cost, less accumulated depreciation. Additions are capitalized and maintenance and repairs are charged to expense as incurred. Intangible assets consist of acquired customer and vendor databases and are carried at cost, less accumulated amortization. Depreciation and amortization is provided principally on the straight-line basis method over the estimated useful lives of the assets. Stock-Based Compensation The Company accounts for stock-based compensation to employees and non-employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances. Inventory Inventories are stated at the cost of goods. There was zero inventory in stock in September 30, 2017 and 2016 respectively. Revenue and Cost Recognition It is the Company's policy that revenue from product sales or services will be recognized in accordance with ASC 605 "Revenue Recognition". Four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product was not delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Income Taxes The Company utilizes ASC 740 "Income Taxes" which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes primarily relate to the recognition of debt costs and stock based compensation expense. The adoption of ASC 740-10 did not have a material impact on the Company's results of operations or financial condition.

NOTE 4 - FAIR VALUE MEASUREMENT

NOTE 4 - FAIR VALUE MEASUREMENTS	12 Months Ended
	Sep. 30, 2017
Note 4 - Fair Value Measurements
FAIR VALUE MEASUREMENTS	As defined in (Financial Accounting Standards Board ASC 820), fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilized the market data of similar entities in its industry or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. FASB ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement). The three levels of the fair value hierarchy are as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities. Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date and includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars. Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management's best estimate of fair value. Management has determined based on note conversion history that the conversion value is equal or less than par value of the shares used for conversion thus determining that the fair value of the notes is equal to their face value.

NOTE 5 - RELATED PARTY

NOTE 5 - RELATED PARTY	12 Months Ended
	Sep. 30, 2017
Note 5 - Related Party
RELATED PARTY	On February 4, 2015, the Company issued to an officer and director of the Company 10,000,000 shares with a value of $10,000 of series A preferred stock for service. Each share has 10 votes on all matters of the Company in which the shareholders can vote. During the year ended September 30, 2017, the Company paid the CEO $111,500 in consulting fees along with expenses.

NOTE 6 - EQUITY

NOTE 6 - EQUITY	12 Months Ended
	Sep. 30, 2017
Note 6 - Equity
EQUITY	During the year ended September 30, 2016, the Company issued 1,100,000 shares of common stock to two parties for service with a value of $80,000. During the year ended September 30, 2016, the Company issued 208,428 shares of common stock for convertible debt with a value of $39,769. During the year ended September 30, 2017, the Company issued 5,880,000 shares of commons stock with a value of $844,165 for services. During the year ended September 30, 2017, the Company issued 6,699,471 shares of common stock with a value of $145,619 for convertible debt.

NOTE 7 - CONVERTIBLE NOTES

NOTE 7 - CONVERTIBLE NOTES	12 Months Ended
	Sep. 30, 2017
Note 7 - Convertible Notes
CONVERTIBLE NOTES	LG Capital Funding On July 13, 2015, the Company issued a Convertible Note to LG CAPITAL FUNDING, LLC ("LG Capital"), to replace the $41,400 convertible note issued to Eastmore Capital The note matures on July 13, 2016. The note is convertible by the holder at a discount of 55% of the lowest trading price of the Company's stock for the 15 days prior to the conversion On August 11, 2015, LG Capital's lawsuit claims the Company issued a Convertible Note to LG CAPITAL FUNDING, LLC ("LG Capital") for a principle amount of $27,500 with an interest rate of 8% per annum. The note matures on August 11, 2016. The note is convertible by the holder at a discount of 55% of the lowest trading price of the Company's stock for the 15 days prior to the conversion. Per the Company the note was not funded but the Company has accrued the note and interest, totaling $31,843. On September 8, 2015, the Company issued a Convertible Note to LG CAPITAL FUNDING, LLC ("LG Capital") for a principle amount of $27,000 with an interest rate of 8% per annum. The note matures on September 8, 2016, 2016. The note is convertible by the holder at a discount of 55% of the lowest trading price of the Company's stock for the 15 days prior to the conversion. On March 14, 2016, the Company issued a Convertible Note to LG Capital Funding, LP for a principle amount of $18,000 with an interest rate of 12% per annum. The note matures on March 14, 2017. The note is convertible by the holder at a discount of 45% of the lowest trading price of the Company's stock for the 20 days prior to the conversion. On May 26, 2016, the Company issued a Convertible Note to LG Capital Funding, LP for a principle amount of $17,000 with an interest rate of 12% per annum. The note matures on March 14, 2017. The note is convertible by the holder at a discount of 50% of the lowest trading price of the Company's stock for the 20 days prior to the conversion. Net proceeds to the Company are $15,000 after deduction of legal fees of $2,000. As of September 30, 2016, the outstanding balance of the note was $17,000 in principal plus interest of $428 for a total of $17,428. On September 15, 2017, LG Capital, LLC filed a lawsuit against the Company. The filing alleges that the Company has defaulted on several unpaid loans from LG Capital to the Company with the total claim against the Company of $279,730.56. The Company negotiated in good faith with LG Capital to settle the debt but to no avail. After reviewing the claim filed by LG Capital, it is the opinion of Company Management that the Company's outstanding liability to LG Capital has been fully recognized and accounted for in the financial statements of the Company. (See Note 9- Legal). Carebourn Capital On November 5, 2015, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $28,000 with an interest rate of 12% per annum. The note matures on August 5, 2016. The note is convertible by the holder at a discount of 50% of the lowest trading price of the Company's stock for the 20 days prior to the conversion. On December 21, 2015, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $21,000 with an interest rate of 12% per annum. The note matures on September 16, 2016. The note is convertible by the holder at a discount of 50% of the lowest trading price of the Company's stock for the 20 days prior to the conversion. On March 11, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $18,000 with net proceeds of $15,000 and with an interest rate of 12% per annum. The note matures on December 11, 2016. The note is convertible by the holder at a discount of 50% of the lowest trading price of the Company's stock for the 20 days prior to the conversion. On July 25, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $23,000 with an interest rate of 12% per annum. The note matures on July 25, 20172017. The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion. On September 7, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $197,363,70 less legal fees of $8,000 with an interest rate of 12% per annum. The note matures on September 7, 20172017. The note is convertible by the holder at a discount of 50% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion. On October 13, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $237,475 less an original discount of $30,975 plus transaction fees of $6,500 for a net advanced of $200,000. The note bears an interest rate of 12% per annum. The note matures on October 3, 2017. The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion. On September 15, 2016 $85,000 was returned to Carebourn reducing the principal balance to $115,114. On December 13, 2016, the Company issued a Convertible Note to Carebourn Capital, LP for a principle amount of $98,325 less an original discount of $12,825 for a net advanced of $80,000. The note bears an interest rate of 12% per annum. The note matures on December 13, 2018. The note is convertible by the holder at a discount of 45% of the lowest three trading price of the Company's stock for the 20 days prior to the conversion. As of September 30, 2017, the Company owed Carebourn capital $522,510 in principal and interest of $77,877 for a total of $600,387. Power Up Lending On December 13, 2016, the Company issued a Convertible Note to Power Up Lending Group Ltd for a principle amount of $77,000 less legal fees of $2,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on September 28, 2017. The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion. On February 28, 2017, the Company issued a Convertible Note to Power Up Lending Group Ltd for a principle amount of $33,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on December 5, 2017. The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion. As of September 30, 2017, the Company owed Power Up lending $152,460 in principal and $2,733 in interest for a total of $155,193. Crown Bridge Partners On August 21, 2017, the Company issued a Convertible Note to Crown Bridge Partners for a principle amount of $33,000 with an interest rate of 8% per annum with a default interest rate of 22%. The note matures on December 5, 2017. The note is convertible by the holder at a discount of 48% of the lowest three trading price of the Company's stock for the 10 days prior to the conversion As of September 30, 2017, the Company owed Crown Bridge Partners $40,000 in principal and $316 in interest for a total of $40,316. Management has reviewed the terms of the convertible instruments to determine their fair value. After reviewing the characteristic and the value of the conversion, Management has determined based on note conversion history that the conversion value is equal or less than par value of the shares used for conversion thus determining that the fair value of the notes is equal to their face value.

NOTE 8 - INCOME TAXES

NOTE 8 - INCOME TAXES	12 Months Ended
	Sep. 30, 2017
Note 8 - Income Taxes
INCOME TAXES	The Company follows Accounting Standards Codification 740, Accounting for Income Taxes. The Company did not have taxable income for the years ended September 30, 2017 or 2016.The Company's deferred tax assets consisted of the following as of September 30, 2017, and 2016: 2017 2016 Total deferred tax asset 1,112,570 495,658 Valuation allowance (1,112,570 ) (495,658 ) Net deferred tax asset $ - $ - The Company had a net loss of $1,464,122 for the year ended September 30, 2017 and $318,436 for the same period in 2016. As of September 30, 2016, the Company's net operating loss carry forward was $1,112,570 that will begin to expire in the year 2034.

NOTE 9 - LEGAL

NOTE 9 - LEGAL	12 Months Ended
	Sep. 30, 2017
Note 9 - Legal
LEGAL	On September 15, 2016, LG Capital, LLC filed a lawsuit against the Company in the County of Kings, in the Supreme Court of the State of New York (index number 516298/2016). The filing alleges that the Company has defaulted on several unpaid loans from LG Capital to the Company with the total owing and due including principal and interest of $279,730.56. The Company has not counter claimed but believes that LG Capital unlawfully attempted to convert some of the loans to common stock of the Company has filed an injunction against the Company transfer agent to block LG Capital from such a conversion. In addition, the Company negotiated in good faith with LG Capital to settle the debt but to no avail. After reviewing the claim made by LG Capital, is the opinion of management that the outstanding liability to LG Capital has been fully recognized and accounted for in the financial statements of the Company. (See Note 6-Convertible Notes).

NOTE 10 - COMMITMENTS AND CONTI

NOTE 10 - COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Sep. 30, 2017
Note 10 - Commitments And Contingencies
COMMITMENTS AND CONTINGENCIES	On October 11, 2016, the Company completed an agreement with Ron Knori (Kroni) Owner of EcoCab Portland, LLC by which the Company will required all outstanding ECGLLC membership interest for a 20% non-dilutive interest of the outstanding shares of the Company with the first closing of the agreement. The Company's name will be changed to EcoCab, USA, Inc as soon as practical after closing. Subsequent closing through January 31. 2017 will take place and during the period from first closing to January 31, 2017, · The Company will not attempt to change the current management or operations of ECPLLC without the consent of Knori, but the Company will have the right to oversee ECPLLC's revenue and payments out on a daily and monthly basis, · The Company will use commercially reasonable efforts to finance the growth of EPCLLC's revenues, but at a minimum, the Company will provide at least $400,000 in working capital funds to ECPLLC, · all LIBE convertible notes held by Carebourn Capital L.P. are retired (or Carebourn Capital L.P. consents to the issuance to Knori of the Preferred Shares they hold as collateral), and · and that the Company has not closed or entered into a binding agreement to merge with, acquire, or become acquired by, another company of equal or greater fair value (private or public) to ECPLLC. If the Preferred Shares Condition is fulfilled, Knori will be issued the Preferred Shares at a Subsequent Closing. " Second closing conditions" requires that ECPLLC has audited financial statements available to the Company. If the Second Tranche Condition is met, The Company will issue the additional Common Shares to SELLER at a Subsequent Closing. Third closing conditions requires ECPLLC: · made audited financials available to the Company within 71 days of the First Closing Date, and · has positive earnings before interest, tax and depreciation and amortization (" EBITDA If the third closing Conditions are met, the Company will issue the third closing Common Shares to Knori at a Subsequent Closing. The number of third closing Common Shares will be calculated so that Knori's resulting percentage of the Company is equitable based on the fair value of ECPLLC relative to the other assets of the Company, but in no event, will Knori be required to transfer or cancel shares to reduce Knori's percentage of the outstanding common stock to below 30%. If the parties cannot agree to an equitable number of shares to issue Knori, the matter will be submitted to binding arbitration. On November 1, 2016 the Company issued 360,000 shares of common stock for the acquisition. On March 6, 2017, the Company terminated the agreements with Ron Knori and EcoCab based upon breach of contract, fraud, fraudulent inducement, fraud in the factum, negligent misrepresentation, misrepresentation, contractual interference, breach of fiduciary duty, negligence, and conversion, all of which were perpetrated by Ron Knori, individually, and in his capacity as manager of EcoCab.

NOTE 11 - IMPAIRMENT OF ASSET

NOTE 11 - IMPAIRMENT OF ASSET	12 Months Ended
	Sep. 30, 2017
Note 11 - Impairment Of Asset
IMPAIRMENT OF ASSET	The Company had advanced Eco Cab $197,520 as part of the acquisition agreement dated October 11, 2016. As the closing has not occurred, due to the failure of EcoCab meeting the agreement requirements, the Company has treated the advances as receivables due the Company. During year ended September 30, 2017 the Company received payments of $ 154,196 leaving a balance due the Company as of June 30, 2017 of $43,324. As of September 30, 2017, the Company determined the receivable was uncollectible and impaired the asset.

NOTE 12 - SUBSEQUENT EVENTS

NOTE 12 - SUBSEQUENT EVENTS	12 Months Ended
	Sep. 30, 2017
Note 12 - Subsequent Events
SUBSEQUENT EVENTS	On November 11, 2017 the Company issued 661,642 shares of common stock for the conversion of $6,616 of convertible debt. On November 22, 20917 the Company issued 719,512 shares of common stock for the conversion of $2,950 of convertible debt. On December 20, 2017 the Company issued 720,313 shares of common stock for the conversion of $2,305 of convertible debt. On December 20,2017 the Company issued 721,429 shares of common stock for the conversion of $1,515 of convertible debt. On December 28, 2017 the Company issued 720,690 shares of common stock for the conversion of $2,090 of convertible debt. On December 28, 2017 the Company issued 700,000 shares of common stock with a value of $4,620 to one individual for service. On January 2, 2018 the Company issued 1,546,588 shares of common stock for the conversion of $2,941 of convertible debt and $500 interest payment. On January 9, 2018 the Company issued 811,917 shares of common stock for the conversion of $1,624 of convertible debt. On December 21, 2017 the company formed a joint venture with Bravatek Solutions, Inc a Colorado corporation. Under the terms of the agreement the Company will own 65% of the joint venture and contribute $100 plus a nonexclusive license of the intellectual property necessary to develop the Light Guard System with Bravatek contributing $25,000 plus the sale of software to the JV for $65,000.

NOTE 2 - SUMMARY OF SIGNIFICA18

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Sep. 30, 2017
Note 2 - Summary Of Significant Accounting Policies Policies
BASIS OF ACCOUNTING	The Company maintains its books and records on the accrual basis of accounting. The accompanying financial statements have been prepared on that basis, in which revenues and gains are recognized when earned and expenses and losses are recognized when incurred.
USE OF ESTIMATES	The presentation of financial statements in conformity with generally accepted accounting principles in the United States of America 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.
CASH AND CASH EQUIVALENTS	For the purpose of the statement of cash flows, cash and cash equivalents include all cash balances, which are not subject to withdrawal restrictions or penalties, and highly liquid investments and debt instruments with a maturity of three months or less from the date of purchase.
FAIR VALUE OF FINANCIAL INSTRUMENTS	Our short-term financial instruments, including cash, other assets and accounts payable and accrued expenses consist primarily of instruments without extended maturities, the fair value of which, based on management's estimates, reasonably approximate their book value. The fair value of our notes and advances payable is based on management estimates and reasonably approximates their book value based on their current maturity.
NET LOSS PER COMMON SHARE	The Company computes per share amounts in accordance with Statement of Financial Accounting Standards (SFAS) ASC 260, Earnings per Share (EPS). ASC 260 requires presentation of basic and diluted EPS. Basic EPS is computed by dividing the income (loss) available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.
PROPERTY, EQUIPMENT, AND INTANGIBLE ASSETS	Property and equipment are carried at cost, less accumulated depreciation. Additions are capitalized and maintenance and repairs are charged to expense as incurred. Intangible assets consist of acquired customer and vendor databases and are carried at cost, less accumulated amortization. Depreciation and amortization is provided principally on the straight-line basis method over the estimated useful lives of the assets.
STOCK-BASED COMPENSATION	The Company accounts for stock-based compensation to employees and non-employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances.
INVENTORY	Inventories are stated at the cost of goods. There was zero inventory in stock in September 30, 2017 and 2016 respectively.
REVENUE AND COST RECOGNITION	It is the Company's policy that revenue from product sales or services will be recognized in accordance with ASC 605 "Revenue Recognition". Four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product was not delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.
INCOME TAXES	The Company utilizes ASC 740 "Income Taxes" which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes primarily relate to the recognition of debt costs and stock based compensation expense. The adoption of ASC 740-10 did not have a material impact on the Company's results of operations or financial condition.

NOTE 8 - INCOME TAXES (Tables)

NOTE 8 - INCOME TAXES (Tables)	12 Months Ended
	Sep. 30, 2017
Note 8 - Income Taxes Tables
Deferred tax assets	2017 2016 Total deferred tax asset 1,112,570 495,658 Valuation allowance (1,112,570 ) (495,658 ) Net deferred tax asset $ - $ -

NOTE 3 - GOING CONCERN MATTERS

NOTE 3 - GOING CONCERN MATTERS (Details Narrative) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Note 3 - Going Concern Matters Details Narrative
Net loss	$ (1,464,122)	$ (318,436)
Accumulated deficit	$ (2,865,790)	$ (1,401,668)

NOTE 5 - RELATED PARTY (Details

NOTE 5 - RELATED PARTY (Details Narrative)	Sep. 30, 2017USD ($)
Note 5 - Related Party Details Narrative
Consulting fees paid to executive	$ 111,500

NOTE 8 - INCOME TAXES (Details)

NOTE 8 - INCOME TAXES (Details) - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Note 8 - Income Taxes Tables
Total deferred tax asset	$ 1,112,570	$ 495,658
Valuation allowance	(1,112,570)	(495,658)
Net deferred tax asset	$ 0	$ 0

NOTE 8 - INCOME TAXES (Details

NOTE 8 - INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Note 8 - Income Taxes Details Narrative
Net loss	$ (1,464,122)	$ (318,436)
Net operating loss carry forward		$ 1,112,570