GH Capital (VITX) 10-Q 15 May 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2019	May 10, 2019
Document And Entity Information
Entity Registrant Name	GH Capital Inc.
Entity Central Index Key	0001609472
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Is Entity's Reporting Status Current?	Yes
Trading Symbol	ghhc
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		251,881,235
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Ex Transition Period	false

BALANCE SHEETS (Unaudited)

BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2019	Sep. 30, 2018
Current Assets:
Cash	$ 106,861	$ 67,491
Accounts receivable		667
Prepaid expenses and other current assets		7,250
Prepaid expenses and other current assets - related party	20,000
Total Current Assets	126,861	75,408
Total Assets	126,861	75,408
Current Liabilities:
Accounts payable	38,715	24,690
Accrued expenses	2,850	22,617
Convertible notes payable, net of discounts	178,626	308,275
Deferred revenue	33,601
Due to related parties	4,253	4,253
Derivative liabilities	425,323	589,980
Liabilities of discontinued operations	737	14,286
Total Current Liabilities	684,105	964,101
Commitments and Contingencies (see Note 7)
Stockholders' Equity:
Preferred stock ($0.0001 par value; 10,000,000 shares authorized; No shares issued and outstanding at March 31, 2019 and September 30, 2018, respectively)
Common stock ($0.0001 par value; 490,000,000 shares authorized; 232,290,035 and 61,846,818 shares issued and outstanding at March 31, 2019 and September 30, 2018, respectively)	23,229	6,185
Additional paid-in capital	7,724,412	5,495,986
Accumulated deficit	(8,304,885)	(6,390,864)
Total Stockholders' Equity	(557,244)	(888,693)
Total Liabilities and Stockholders' Equity	$ 126,861	$ 75,408

BALANCE SHEETS (Unaudited) (Par

BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2019	Sep. 30, 2018
Statement of Financial Position [Abstract]
Preferred stock,par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	490,000,000	490,000,000
Common stock, shares issued	232,290,035	61,846,818
Common stock, shares outstanding	232,290,035	61,846,818

STATEMENTS OF OPERATIONS AND CO

STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Revenues
Consulting	$ 104,400		$ 104,400
Consulting - related party		11,199		11,199
Total revenues	104,400	11,199	104,400	11,199
Cost of revenues	62,499		62,500
Gross profit	41,901	11,199	41,900	11,199
Operating Expenses:
Compensation	9,000	4,000	15,000	7,500
Professional fees	56,681	53,971	91,425	123,710
Other selling, general and administrative expenses	13,800	6,154	16,545	14,352
Total operating expenses	79,481	64,125	122,970	145,562
Operating loss from operations from continuing operations	(37,580)	(52,926)	(81,070)	(134,363)
Other Income (Expenses):
Initial fair value of conversion option liability	(301,633)	(75,882)	(301,633)	(174,998)
Gain (loss) from change in fair value of conversion option liability	300,647	(586,386)	297,646	(864,362)
Gain (loss) from foreign currency transactions	(101)	106	(111)	307
Gain (loss) on sale of marketable securities		(838)		(838)
Loss on debt extinguishment	(1,631,513)		(1,708,151)
Interest expense	(75,364)	(66,103)	(116,259)	(123,802)
Total other income (expenses)	(1,707,964)	(727,427)	(1,828,508)	(987,019)
Loss from continuing operations before provision for income taxes	(1,745,544)	(780,353)	(1,909,578)	(1,121,382)
Provision for income taxes
Loss from continuing operations	(1,745,544)	(780,353)	(1,909,578)	(1,121,382)
Discontinued operations:
Loss from discontinued operations	(2,090)	(13,825)	(4,443)	(28,842)
Total loss from discontinued operations	(2,090)	(13,825)	(4,443)	(28,842)
Comprehensive Income (loss):
Net loss	(1,747,634)	(794,178)	(1,914,021)	(1,150,224)
Unrealized gain (loss) on available-for-sale marketable securities		(986)		(896)
Comprehensive loss	$ (1,747,634)	$ (795,164)	$ (1,914,021)	$ (1,151,120)
Loss per common share, basic and diluted
Loss from continuing operations	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)
Loss from discontinued operations	0	0	0	0
Total Loss per common share, basic and diluted	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)
Weighted Average Common Shares Outstanding - Basic and diluted	170,101,843	60,961,818	118,595,235	60,738,061

STATEMENT OF CHANGES IN STOCKHO

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance at Sep. 30, 2017	$ 6,066	$ 5,325,192	$ (5,331,892)	$ 896	$ 262
Beginning Balance, Shares at Sep. 30, 2017	60,661,818
Unrealized gain (loss) on marketable securities				90	90
Net loss			(356,046)		(356,046)
Ending Balance at Dec. 31, 2017	$ 6,066	5,325,192	(5,687,938)	986	(355,694)
Ending Balance, Shares at Dec. 31, 2017	60,661,818
Beginning Balance at Sep. 30, 2017	$ 6,066	5,325,192	(5,331,892)	896	262
Beginning Balance, Shares at Sep. 30, 2017	60,661,818
Net loss					(1,150,224)
Ending Balance at Mar. 31, 2018	$ 6,096	5,430,162	(6,482,116)		(1,045,858)
Ending Balance, Shares at Mar. 31, 2018	60,961,818
Beginning Balance at Dec. 31, 2017	$ 6,066	5,325,192	(5,687,938)	986	(355,694)
Beginning Balance, Shares at Dec. 31, 2017	60,661,818
Issuance of common stock for services	$ 30	104,970			105,000
Issuance of common stock for services, Shares	300,000
Unrealized gain (loss) on marketable securities				(986)	(986)
Net loss			(794,178)		(794,178)
Ending Balance at Mar. 31, 2018	$ 6,096	5,430,162	(6,482,116)		(1,045,858)
Ending Balance, Shares at Mar. 31, 2018	60,961,818
Beginning Balance at Sep. 30, 2018	$ 6,185	5,495,986	(6,390,864)		(888,693)
Beginning Balance, Shares at Sep. 30, 2018	61,846,818
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes	$ 2,470	192,965			195,435
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes (in shares)	24,704,676
Reclassification of put premium upon conversion of principal amount of a convertible note		19,452			19,452
Net loss			(166,387)		(166,387)
Ending Balance at Dec. 31, 2018	$ 8,655	5,708,403	(6,557,251)		(840,193)
Ending Balance, Shares at Dec. 31, 2018	86,551,494
Beginning Balance at Sep. 30, 2018	$ 6,185	5,495,986	(6,390,864)		(888,693)
Beginning Balance, Shares at Sep. 30, 2018	61,846,818
Net loss					(1,914,021)
Ending Balance at Mar. 31, 2019	$ 23,229	7,724,412	(8,304,885)		(557,244)
Ending Balance, Shares at Mar. 31, 2019	232,290,035
Beginning Balance at Dec. 31, 2018	$ 8,655	5,708,403	(6,557,251)		(840,193)
Beginning Balance, Shares at Dec. 31, 2018	86,551,494
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes	$ 14,574	1,996,114			2,010,688
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes (in shares)	145,738,541
Reclassification of put premium upon conversion of principal amount of a convertible note		17,630			17,630
Fair value of warrants issued in connection with a note payable		2,265			2,265
Net loss			(1,747,634)		(1,747,634)
Ending Balance at Mar. 31, 2019	$ 23,229	$ 7,724,412	$ (8,304,885)		$ (557,244)
Ending Balance, Shares at Mar. 31, 2019	232,290,035

STATEMENTS OF CASH FLOWS (Unaud

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,914,021)	$ (1,150,224)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation and professional fees		21,000
Stock-based conversion fees	15,500
Accretion of premium on convertible note	40,279
Amortization expense of debt discount	38,577	113,916
Loss on sale of marketable securities		(838)
Loss on debt extinguishment	1,708,151
(Gain) loss from change in fair value of conversion option liability	(297,646)	864,362
Changes in operating assets and liabilities:
Accounts receivable	667
Prepaid expenses	7,250	(1,833)
Prepaid expenses - related party	(20,000)
Assets of discontinued operations		(261)
Accounts payable	14,025	(7,647)
Accrued expenses	21,903	9,886
Deferred revenue - related party	33,601
Liabilities of discontinued operations	(13,549)	44,801
Net cash used in operating activities	(63,630)	(106,838)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of marketable securities		2,676
Net cash provided by investing activities		2,676
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of convertible debt, net of issuance cost	103,000	195,250
Net cash provided by financing activities	103,000	195,250
Net increase (decrease) in cash	39,370	91,088
Cash - beginning of year	67,491	12,694
Cash - end of year	106,861	103,782
Cash paid for:
Interest
Income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for future services		105,000
Common stock issued for principal amount and accrued interest on convertible debt	273,093
Unrealized loss on marketable securities		(896)
Debt discounts on convertible debt	50,000	220,000
Reclassification of put premium to additional paid in capital	$ 37,082

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	6 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND NATURE OF OPERATIONS	NOTE 1 - ORGANIZATION AND NATURE OF OPERATIONS GH Capital Inc. (the “Company”), a Florida corporation, was formed on May 5, 2014, commenced operations in October 2014 and has a fiscal year end of September 30. The Company provided online payment processing services to consumers, primarily in Europe and provides certain consulting services to assist companies in going public. On September 18, 2018, the Company’s management terminated the Company’s online payment processing services. As a result, the Company will shift its focus to its consulting services business. As such, the online payment processing services business activities were reclassified and reported as part of “discontinued operations”.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Management acknowledges its responsibility for the preparation of the accompanying unaudited condensed financial statements which reflect all adjustments, consisting of normal recurring adjustments, considered necessary in its opinion for a fair statement of its financial position and the results of its operations for the periods presented. The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (the “U.S. GAAP”) for interim financial information and with the instructions Article 8-03 of Regulation S-X. Operating results for interim periods are not necessarily indicative of results that may be expected for the fiscal year as a whole. Certain information and note disclosure normally included in financial statements prepared in accordance with U.S. GAAP has been condensed or omitted from these statements pursuant to such accounting principles and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements. These unaudited condensed financial statements should be read in conjunction with the summary of significant accounting policies and notes to the financial statements for the year ended September 30, 2018 of the Company which were included in the Company’s annual report on Form 10-K as filed with the Securities and Exchange Commission on December 28, 2018. Going Concern These financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying unaudited condensed financial statements, the Company had a net loss of $1,914,021 for the six months ended March 31, 2019. The net cash used in operations was $63,630 for the six months ended March 31, 2019. Additionally, the Company had an accumulated deficit of $8,304,885 and a stockholders’ deficit of $557,244, and a working capital deficit of $557,244 at March 31, 2019. It is management’s opinion that these conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the issue date of this report. The Company is in the process in building its customer base and expects to generate increased revenues and the Company is seeking to raise capital through additional debt and/or equity financings to fund its operations in the future. Management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital. Although the Company has historically raised capital from sales of common stock and debt financing, there is no assurance that it will be able to continue to do so. If the Company is unable to raise additional capital or secure additional debt in the near future, management expects that the Company will need to curtail its operations. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Use of Estimates The preparation of the financial statements in conformity with U.S. GAAP 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 year. Actual results could differ from those estimates. Included in these estimates are assumptions used in determining the allowance for doubtful accounts receivable, valuation of ROU assets and operating lease liabilities, fair value of derivative liabilities, valuation allowance for deferred tax assets and the valuation of stock issued for services or upon conversion of debt. Fair value of financial instruments and fair value measurements FASB ASC 820 — Fair Value Measurements and Disclosures, FASB ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect market assumptions. 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- Level 2- Level 3- The carrying amounts reported in the balance sheets for cash and cash equivalents, accounts receivable, loans, accounts payable, accrued expenses, and other payables approximate their fair market value based on the short-term maturity of these instruments. The Company analyzes all financial and non-financial instruments with features of both liabilities and equity under the FASB’s accounting standard for such instruments. Under this standard, financial and non-financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company accounts for the following instruments at fair value. At March 31, 2019 At September 30, 2018 Description Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Derivative liabilities — — $ 425,323 — — $ 589,980 Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis The Company’s convertible notes payable approximate the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at March 31, 2019. The Company uses Level 3 of the fair value hierarchy to measure the fair value of the derivative liabilities (see note 4) and revalues its derivative liability on the conversion feature at every reporting period and recognizes gains or losses in the statements of operations that are attributable to the change in the fair value of the derivative liabilities. The fair value of derivative financial instruments, measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of March 31, 2019 measured $425,323. A roll forward of the level 3 derivative liabilities is as follows: Balance at September 30, 2018 $ 589,980 Initial fair value of conversion option liabilities – derivative expense 301,633 Initial fair value of conversion option liabilities – debt discount 40,735 Reduction of liability included in loss on debt extinguishment (209,379 ) Gain from change in fair value of conversion option liabilities (297,646 ) Balance at March 31, 2019 $ 425,323 Cash and Cash Equivalents For purposes of the statements of cash flows, the Company considers all highly liquid instruments with a maturity of three months or less at the purchase date and money market accounts to be cash equivalents. The Company had no cash equivalents at March 31, 2019 and September 30, 2018. Concentration of Credit Risk, Accounts Receivable and Revenues The Company maintains its cash in financial institutions in the United States for which balances are insured up to Federal Deposit Insurance Corporation limits of $250,000 per account. The Company also maintains cash in financial institutions based in the country of Cyprus. At March 31, 2019, bank accounts in Cyprus are insured for up to $119,000 per Bank under the regulations of the European Union. At times, cash balances may exceed the federally insured limits. The Company had no amounts that exceeded insured limits at March 31, 2019 and September 30, 2018. All of the Company’s revenues are from customers that are located outside of the United States. The Company did not have any Accounts Receivable balance at March 31, 2019. There is one customer that accounted for 100 % of the Company’s Accounts Receivable balance at September 30, 2018. For the six months ended March 31, 2019, four customers accounted for approximately 100% of the total revenues (24.7%, 27.6%, 23.0% and 24.7%). For the six months ended March 31, 2018, three payment processing customers accounted for approximately 96.9% of the total revenues from discontinued operations (31.7%, 12.2% and 53.0% from a related party) and one related party customer accounted for 100% of the consulting revenue. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets of $20,000 and $7,250 at March 31, 2019 and September 30, 2018, respectively, consist primarily of costs paid for future services which will occur within a year. Prepaid expenses may include prepayments in cash and equity instruments for consulting, public relations and business advisory services, and accounting fees which are being amortized over the terms of their respective agreements. Impairment of Long-lived Assets In accordance with ASC Topic 360, the Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair value and its book value. Derivative Liabilities The Company evaluates all its financial instruments to determine if those contracts or any potential embedded components of those contracts qualify as derivatives to be separately accounted for in accordance with FASB ASC 815-10-05-4 and 815-40. This accounting treatment requires that the carrying amount of any embedded conversion options be recorded at fair value at issuance and marked-to-market at each balance sheet date. In the event that the fair value is recorded as a liability, as is the case with the Company, the change in the fair value during the period is recorded as either other income or expense. Upon conversion, exercise and repayment, the respective derivative liability is marked to fair value at the conversion, repayment or exercise date, and then the related fair value amount is reclassified to other income or expense as part of gain or loss on debt extinguishment. Revenue Recognition The Company recognizes revenue in accordance with ASC Topic 606 Revenue from Contracts with Customers (“ASC 606”), which requires revenue to be recognized in a manner that depicts the transfer of goods or services to customers in amounts that reflect the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company adopted ASC 606 beginning October 1, 2018. For the consulting services, revenue is recognized when the Company satisfies the performance obligation based on the consulting agreement. Payments received from customers that are related to future periods are recorded as deferred revenue until the service is provided. As of March 31, 2019, the Company had $33,601 of deferred revenue recorded. Cost of Revenues Cost of revenues, if any, relates to the Company’s consulting service business. Stock-Based Compensation Stock-based compensation is accounted for based on the requirements of ASC 718, Share-Based Payment, which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The Financial Accounting Standards Board (“FASB”) also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Pursuant to ASC Topic 505-50, for share-based payments non-employees, compensation expense is determined at the measurement date defined as the earlier of; a) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached or; b) the date at which the counterparty’s performance is complete. The expense is recognized over the vesting period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company records compensation expense based on the fair value of the award at the reporting date. The awards to consultants and other third-parties are then revalued, or the total compensation is recalculated, based on the then current fair value, at each subsequent reporting date. Research and Development Research and development costs are expensed as incurred. Loss per Common Share and Common Share Equivalent Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares during the period. Diluted net loss per share is computed using the weighted average number of common shares and potentially dilutive securities outstanding during the period. There were 198,612,705 shares reserved for issuance related to convertible note agreements as of March 31, 2019. The following potentially dilutive equity securities outstanding as of March 31, 2019 and as of September 30, 2018 were not included in the computation of dilutive loss per common share because the effect would have been anti-dilutive: March 31, 2019 September 30, 2018 Common shares issuable under: Convertible notes 68,984,063 46,672,138 Warrants 175,000 50,000 69,159,063 46,722,138 Foreign Currency Transactions The reporting and functional currency of the Company is the U.S. dollar. Transactions denominated in foreign currencies are translated into the functional currency at the exchange rates prevailing on the transaction dates. Assets and liabilities denominated in foreign currencies are translated into the functional currency at the exchange rates prevailing at the balance sheet date with any transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Transaction gains or losses have not had, and are not expected to have, a material effect on the results of operations of the Company. Recently Issued Accounting Standards From time to time, the FASB or other standards setting bodies will issue new accounting pronouncements. Updates to the FASB ASC are communicated through issuance of an Accounting Standards Update (“ASU”). In July 2017, the FASB issued ASU No. 2017-11 Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815) (“ASU 2017-11”) In August 2018, the FASB issued ASU 2018-13, “Changes to Disclosure Requirements for Fair Value Measurements”, which will improve the effectiveness of disclosure requirements for recurring and nonrecurring fair value measurements. The standard removes, modifies, and adds certain disclosure requirements, and is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company will be evaluating the impact this standard will have on the Company’s financial statements. In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, Leases Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Mar. 31, 2019
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 3 – RELATED PARTY TRANSACTIONS On March 30, 2015, the Company entered into a services contract with Global Humax Cyprus Ltd. (“Cyprus”), a company owned by the Company’s chief executive officer. Under the terms of the contract, the Company will provide services to Cyprus for a period of two years from the date of the agreement. Additionally, the Company earns fees from the processing of payment transactions and related services from Cyprus. For the six months ended March 31, 2019 and 2018, aggregate revenues from discontinued operations – related party amount to $0 and $6,364 respectively. During fiscal year 2015, Cyprus paid various general and administrative expenses on behalf of the Company in the amount of $3,173. These advances are non-interest bearing and are due on demand. At March 31, 2019 and September 30, 2018, the Company owed Cyprus $3,173 for both periods. During fiscal year 2015, the Company’s Chief Executive Officer advanced $10 to the Company for working capital purpose. The advance is non-interest bearing and payable on demand. At March 31, 2019 and September 30, 2018, the Company owed its Chief Executive Officer $10 and $10, respectively. During fiscal year 2018, the Company’s Attorney who is a director of the Company advanced $1,070 to the Company for working capital purpose. The advance is non-interest bearing and payable on demand. At March 31, 2019 and September 30, 2018, the Company owed its Attorney $1,070 and $1,070, respectively. During the six months ended March 31, 2019 and 2018, the Company paid cash compensation to a designated member of its board of directors in the amount of $7,000 and $7,500, respectively, in connection with a written agreement with the director. Additionally, the Company made prepayments of $20,000 to this director as his retainer fees for various consulting agreements for services he will provide for the Company’s clients which was included in prepaid expense and other current assets in the accompanying balance sheet at March 31, 2019.

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	6 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 4 – CONVERTIBLE NOTES PAYABLE Convertible note payable dated October 10, 2017 On October 10, 2017, the Company issued a 12% Convertible Promissory Note for principal borrowings of $160,000 to a non-related party. The 12% convertible promissory note and all accrued interest are due on July 10, 2018. The Company received proceeds of $143,250 in cash which is net of offering costs of $16,750, recorded as a discount. The note is unsecured and bears interest at the rate of 12% per annum from the issuance date thereof until the note is paid. The note holder shall have the right to convert beginning on the date which is following the issuance date the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price equal to a price which is the lower of $0.65 per share or 55% of the lowest trading price of the Company’s common stock during the 25 trading days immediately preceding the conversion date. At any time during the period beginning on the issue date and ending on the date which is 90 days following the issue date, the Borrower shall have the right, exercisable on not less than 3 trading days prior written notice to the holder of the Note to prepay the outstanding Note (principal and accrued interest), in full by making a payment to the Holder of an amount in cash equal to 130%, multiplied by the sum of then outstanding principal amount of the Note plus accrued and unpaid interest on the unpaid principal amount of the Note plus default interest, if any. During the first 180 days following the date of the note, the Company has the right to prepay the principal and accrued but unpaid interest due under the note, together with any other amounts that the Company may owe the holder under the terms of the note, at a premium of 140%. After this initial 180-day period, the Company does not have a right to prepay the note. Any amount of principal or interest on this note which is not paid when due shall bear interest at the rate of 24% per annum from the due date thereof until the same is paid. The conversion price, however, is subject to full ratchet anti-dilution in the event that the Company issues any securities at a per share price lower than the conversion price then in effect. The Note contains representations, warranties, and events of default, beneficial ownership limitations, and other provisions that are customary of similar instruments. On July 10, 2018, the Company failed to make the repayment of the outstanding principal and interest at the maturity date which causes the default interest rate of 24% to become effective. In September 2018, the conversion price was below $0.01 which triggered clause 1.4(g) of the promissory note which allows for the principal amount of the note to increase by $15,000. Per the noteholder, this $15,000 will be added to the principal at the end of the note, allowing the Company to convert out of the original principal and interest first, however, for accounting purposes the $15,000 was added to the principal on September 25, 2018. In addition, the variable conversion price shall be redefined to mean 40% multiplied by the market price (or a 60% discount). During the fiscal year ended September 30, 2018, the Company issued 615,000 shares of common stock to the noteholder with a contractual conversion price ranging from $0.01 to $0.04 to convert $0 principal amount with $6,951 of accrued and unpaid interest and $3,000 conversion fee, totaling $9,951. During the six months ended March 31, 2019, the Company issued an aggregate of 78,564,200 shares of common stock to the noteholder with a contractual conversion price ranging from $0.002 to $0.003 to convert $100,109 principal amount with $33,896 of accrued and unpaid interest and $7,000, totaling $141,005. As of March 31, 2019, the note had outstanding principal and accrued interest of $74,891 and $433, respectively, and accrued conversion fee of $0. Convertible note payable dated February 20, 2018 In February 2018, under a Securities Purchase Agreement, the Company issued a 10% Convertible Promissory Note for principal borrowings of up to $180,000 and received initial proceeds of $60,000. The Company received additional proceeds of $20,000 in June 2018 and $50,000 in March 2019 (“Third tranche”) which resulted to a total of $130,000 proceeds. The 10% convertible promissory notes and all accrued interest are due in twelve months from the effective date of each tranche. The notes are unsecured and bears interest at the rate of 10% per annum from the issuance date thereof until the notes are paid. The note holder shall have the right to convert beginning on the issuance date, the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price to a price which is 65% of the lowest trading price of the Company’s common stock during the 25 prior trading days to the conversion date subject to increases in the discount rate based on certain future events. If at any time while this note is outstanding, the conversion price is equal to or lower than $0.15, then an additional 15% discount shall be added into the conversion price resulting in a discount rate of 50%. During the first 90 days following the date of this note, the Company has the right to prepay the principal and accrued but unpaid interest due under this note, together with any other amounts that the Company may owe the holder under the terms of this note, at a premium ranging from 135% to 145% as defined in the note agreement. After this initial 90-day period, the Company does not have a right to prepay the note. Any amount of principal or interest on this note which is not paid when due shall bear interest at the rate of 15% per annum from the due date thereof until the same is paid. The conversion price, however, is subject to full ratchet anti-dilution in the event that the Company issues any securities at a per share price lower than the conversion price then in effect. During fiscal 2018, the Company paid an original issuance discount of $8,000 and related loan fees of $3,500 in connection with this note payable and during the six months ended March 31, 2019, the Company paid additional original issuance discount of $5,000 and related loan fees of $2,000 for the Third tranche which are being amortized over the term of the note. The Note contains representations, warranties, events of default, beneficial ownership limitations, piggyback registration rights and other provisions that are customary of similar instruments. During fiscal 2018, the Company granted the note holder of 50,000 warrants and during the six months ended March 31, 2019, the Company granted an additional 125,000 warrants in connection with the issuance of this note. The warrants had a term of 5 years from the date of grant and was exercisable at an exercise price of $0.40. During fiscal 2018, the Company accounted for the 50,000 warrants by using the relative fair value method and recorded debt discount from the relative fair value of the warrants of $6,206 using a simple binomial lattice model. During six months ended March 31, 2019, the Company accounted for the 125,000 warrants by using the relative fair value method and recorded debt discount from the relative fair value of the warrants of $2,265 using a simple binomial lattice model. During the fiscal year ended September 30, 2018, the Company issued 270,000 shares of common stock to the noteholder with a contractual conversion price of $0.01 to convert $3,023 principal amount with $0 of accrued and unpaid interest and $500 conversion fee, totaling $3,523. During the six months ended March 31, 2019, the Company the Company issued 68,398,371 shares of common stock to the noteholder with a contractual conversion price ranging from $0.001 and $0.002 to convert $73,314 principal amount with $4,874 of accrued and unpaid interest and $8,500 conversion fee, totaling $86,688. As of March 31, 2019, the note had $53,662 and $1,786 of outstanding principal and accrued interest, respectively. The Company evaluated whether or not the above two convertible promissory notes contains embedded conversion features, which meet the definition of derivatives under ASC 815 and related interpretations. The Company determined that the terms of the notes discussed above contains conversion terms, primarily those resulting in an indeterminable number of shares being issued upon conversion which causes the embedded conversion option to be bifurcated and accounted for as derivative liability at fair value. In connection with the issuance of these notes during fiscal year 2018, on the initial measurement date of the notes, the fair values of the embedded conversion option of $423,778 was recorded as derivative liabilities of which $218,234 was charged to current period operations as initial derivative expense, and $205,544 was recorded as a debt discount which will be amortized into interest expense over the term of the note. In connection with the issuance of these notes during the six months ended March 31, 2019, on the initial measurement date of the notes, the fair values of the embedded conversion option of $342,368 was recorded as derivative liabilities of which $301,633 was charged to current period operations as initial derivative expense, and $40,735 was recorded as a debt discount which will be amortized into interest expense over the term of the note. Upon conversions during the six months ended March 31, 2019, the respective derivative liability was marked to fair value at the conversion, and then a related fair value amount of $209,379 relating to the portion of debt converted was reclassified to other income or expense as part of gain on debt extinguishment. Additionally, the Company recorded loss on debt extinguishment of $1,917,530 during the six months ended March 31, 2019 in connection with the conversion of notes resulting in a net loss on extinguishment of debt of $1,708,151 for the six months ended March 31, 2019 as reflected in the accompanying unaudited statements of operations. At the end of each reporting period, the Company revalues the embedded conversion option derivative liabilities. In connection with the revaluation, the Company recorded a gain from change in fair value of conversion option liability of $297,646 for the six months ended March 31, 2019 and loss from change in fair value of conversion option liability of $689,364 for the six months ended March 31, 2018, respectively (see Note 2). Convertible note payable dated June 14, 2018 In June 2018, under a Securities Purchase Agreement, the Company issued a 10% Convertible Promissory Note for principal borrowings of up to $58,000. The 10% convertible promissory note and all accrued interest are due in June 2019. The note is unsecured and bears interest at the rate of 10% per annum from the issuance date thereof until the notes are paid. The note holder has the right to convert beginning 180 days following the issuance date, the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price equal to 61% of the average of the lowest two trading prices of the Company’s common stock during the 20 trading days immediately preceding the conversion date. During the first 30 to 180 days following the date of the note, the Company has the right to prepay the principal and accrued but unpaid interest due under these notes, together with any other amounts that the Company may owe the holder under the terms of these notes, at a premium ranging from 115% to 140% as defined in the note agreements. After this initial 180-day period, the Company does not have a right to prepay the note. The Company paid original issuance cost and related loan fees of $3,000 in connection with this note payable which is being amortized over the term of the note. During the six months ended March 31, 2019, the Company fully converted the remaining outstanding principal and interest of $58,000 and $2,900, respectively, into 23,480,646 shares of common stock. As of March 31, 2019, the note had no outstanding principal and accrued interest. The Company has accounted for this convertible promissory note as stock settled debt under ASC 480 and in June 2018, the Company recorded an original debt premium liability of $37,082 and a charge to interest expense of $37,082. Upon conversions in fiscal year ended September 30, 2018, Put Premium of $19,452 was reclassified to additional paid-in capital. Upon conversions during the six months ended March 31, 2019, Put Premium of $17,630 was reclassified to additional paid-in capital. Convertible note payable dated February 14, 2019 In February 2019, under a Securities Purchase Agreement, the Company issued a 10% Convertible Promissory Note for principal borrowings of up to $63,000. The 10% convertible promissory note and all accrued interest are due in February 2020. The note is unsecured and bears interest at the rate of 10% per annum from the issuance date thereof until the notes are paid. The note holder has the right to convert beginning 180 days following the issuance date, the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price equal to 61% of the average of the lowest two trading prices of the Company’s common stock during the 15 trading days immediately preceding the conversion date. During the first 30 to 180 days following the date of the note, the Company has the right to prepay the principal and accrued but unpaid interest due under these notes, together with any other amounts that the Company may owe the holder under the terms of these notes, at a premium ranging from 115% to 140% as defined in the note agreements. After this initial 180-day period, the Company does not have a right to prepay the note. The Company paid original issuance cost and related loan fees of $3,000 in connection with this note payable which is being amortized over the term of the note. As of March 31, 2019, the note had $63,000 and $630 outstanding principal and accrued interest. The Company has accounted for this convertible promissory note as stock settled debt under ASC 480 and in February 2019, the Company recorded an original debt premium liability of $40,279 and a charge to interest expense of $40,279. For the six months ended March 31, 2019 and 2018, the total amortization expense of debt discounts related to all convertible promissory notes were $38,577 and $113,916, charged to interest expense on the accompanying statements of operations. During the three months ended March 31, 2019 the fair value of the derivative liabilities were estimated using the Binomial option pricing method with the following assumptions: Dividend rate 0 % Term (in years) 0.01 to 0.44 years Volatility 212.74 % Risk-free interest rate 2.40 to 2.53 % At March 31, 2019 and September 30, 2018, the components of convertible promissory notes, net consisted of the following: March 31, 2019 September 30, 2018 Principal amount of convertible notes $ 191,553 $ 309,976 Debt premium liability 40,279 37,082 Unamortized debt discount (53,206 ) (38,783 ) Convertible notes payable, net – current $ 178,626 $ 308,275

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Mar. 31, 2019
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 5 – STOCKHOLDERS’ DEFICIT Shares Authorized The Company has 500,000,000 shares authorized of which 490,000,000 are common stock, par value $0.0001 and 10,000,000 are preferred stock, par value of $0.0001. Preferred Stock The Company has 10,000,000 shares of preferred stock authorized. Preferred stock may be issued in one or more series. The Company’s board of directors is authorized to issue the shares of preferred stock in such series and to fix from time to time before issuance thereof the number of shares to be included in any such series and the designation, powers, preferences and relative, participating, optional or other rights, and the qualifications, limitations or restrictions thereof, of such series. At March 31, 2019 and September 30, 2018, there were no shares of preferred stock issued an outstanding. Common Stock During the six months ended March 31, 2019, the Company issued an aggregate of 170,443,217 shares of the Company’s common stock to note holders with contractual conversion prices ranging from $0.002 to $0.003 to convert $231,423 in principal amount with $41,670 of accrued and unpaid interest and $15,500 of conversion fees, totaling $288,593. The shares were valued at their fair value for notes with bifurcated embedded derivatives and at recorded debt value for notes treated as stock settled debt of $2,206,123 using, as applicable, the closing quoted trading price of the Company’s common stock on the conversion dates ranging from $0.01 to $0.03 per common share which resulted in a loss on debt extinguishment of $1,917,530. Related embedded conversion option derivative liabilities of $209,379 from these note conversions were recorded as a gain on debt extinguishment resulting in a net loss on extinguishment of debt of $1,708,151 for the six months ended March 31, 2019. At March 31, 2019 and September 30, 2018, the Company had 232,290,035 and 61,846,818 shares of common stock issued and outstanding, respectively. Warrants The Company granted a note holder 175,000 warrants in connection with the June 2018 SPA (see Note 4). The warrants had a term of 5 years from the date of grant and was exercisable at an exercise price of $0.40. At March 31, 2019 and September 30, 2018, the Company had 175,000 warrants issued and outstanding.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	6 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	NOTE 6 – DISCONTINUED OPERATIONS The remaining assets and liabilities of discontinued operations are presented in the balance sheets under the caption “Assets of discontinued operations” and “Liabilities of discontinued operations” which relates to the operations of the online payment processing services. The carrying amounts of the major classes of these assets and liabilities as of March 31, 2019 and September 30, 2018 are summarized as follows: March 31, September 30, 2019 2018 Liabilities: Accounts payable $ 737 $ 14,286 Liabilities of discontinued operations $ 737 $ 14,286 The following table sets forth for three and six months ended March 31, 2019 and 2018, indicated selected financial data of the Company’s discontinued operations of its online payment processing services. For the six months ended 2019 2018 Revenues $ — $ 11,996 Cost of sales (4,443 ) (16,037 ) Gross income (loss) (4,443 ) (4,041 ) Operating expenses — (24,801 ) Loss from discontinued operations $ (4,443 ) $ (28,842 ) For the three months ended 2019 2018 Revenues $ — $ 4,967 Cost of sales (2,090 ) (8,616 ) Gross income (loss) (2,090 ) (3,649 ) Operating expenses — (10,176 ) Loss from discontinued operations $ (2,090 ) $ (13,825 )

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7 – COMMITMENTS AND CONTINGENCIES From time to time, we may become involved in various lawsuits and legal proceedings, which arise, in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS Subsequent to March 31, 2019, the Company issued an aggregate of 19,591,200 shares of the Company’s common stock to note holders with contractual conversion prices ranging from $0.001 to $0.002 to convert $39,650 in principal amount with $1,072 of accrued and unpaid interest and $1,000 of conversion fees, totaling $41,722. The shares were valued at their fair value of $155,521 using the closing quoted trading price of the Company’s common stock on the date of grants at $0.01 per common share resulting in a loss on debt extinguishment of $113,798.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Management acknowledges its responsibility for the preparation of the accompanying unaudited condensed financial statements which reflect all adjustments, consisting of normal recurring adjustments, considered necessary in its opinion for a fair statement of its financial position and the results of its operations for the periods presented. The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (the “U.S. GAAP”) for interim financial information and with the instructions Article 8-03 of Regulation S-X. Operating results for interim periods are not necessarily indicative of results that may be expected for the fiscal year as a whole. Certain information and note disclosure normally included in financial statements prepared in accordance with U.S. GAAP has been condensed or omitted from these statements pursuant to such accounting principles and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements. These unaudited condensed financial statements should be read in conjunction with the summary of significant accounting policies and notes to the financial statements for the year ended September 30, 2018 of the Company which were included in the Company’s annual report on Form 10-K as filed with the Securities and Exchange Commission on December 28, 2018.
Going Concern	Going Concern These financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying unaudited condensed financial statements, the Company had a net loss of $1,914,021 for the six months ended March 31, 2019. The net cash used in operations was $63,630 for the six months ended March 31, 2019. Additionally, the Company had an accumulated deficit of $8,304,885 and a stockholders’ deficit of $557,244, and a working capital deficit of $557,244 at March 31, 2019. It is management’s opinion that these conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the issue date of this report. The Company is in the process in building its customer base and expects to generate increased revenues and the Company is seeking to raise capital through additional debt and/or equity financings to fund its operations in the future. Management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital. Although the Company has historically raised capital from sales of common stock and debt financing, there is no assurance that it will be able to continue to do so. If the Company is unable to raise additional capital or secure additional debt in the near future, management expects that the Company will need to curtail its operations. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with U.S. GAAP 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 year. Actual results could differ from those estimates. Included in these estimates are assumptions used in determining the allowance for doubtful accounts receivable, valuation of ROU assets and operating lease liabilities, fair value of derivative liabilities, valuation allowance for deferred tax assets and the valuation of stock issued for services or upon conversion of debt.
Fair Value of Financial Instruments	Fair value of financial instruments and fair value measurements FASB ASC 820 — Fair Value Measurements and Disclosures, FASB ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect market assumptions. 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- Level 2- Level 3- The carrying amounts reported in the balance sheets for cash and cash equivalents, accounts receivable, loans, accounts payable, accrued expenses, and other payables approximate their fair market value based on the short-term maturity of these instruments. The Company analyzes all financial and non-financial instruments with features of both liabilities and equity under the FASB’s accounting standard for such instruments. Under this standard, financial and non-financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company accounts for the following instruments at fair value. At March 31, 2019 At September 30, 2018 Description Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Derivative liabilities — — $ 425,323 — — $ 589,980 Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis The Company’s convertible notes payable approximate the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at March 31, 2019. The Company uses Level 3 of the fair value hierarchy to measure the fair value of the derivative liabilities (see note 4) and revalues its derivative liability on the conversion feature at every reporting period and recognizes gains or losses in the statements of operations that are attributable to the change in the fair value of the derivative liabilities. The fair value of derivative financial instruments, measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of March 31, 2019 measured $425,323. A roll forward of the level 3 derivative liabilities is as follows: Balance at September 30, 2018 $ 589,980 Initial fair value of conversion option liabilities – derivative expense 301,633 Initial fair value of conversion option liabilities – debt discount 40,735 Reduction of liability included in loss on debt extinguishment (209,379 ) Gain from change in fair value of conversion option liabilities (297,646 ) Balance at March 31, 2019 $ 425,323
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statements of cash flows, the Company considers all highly liquid instruments with a maturity of three months or less at the purchase date and money market accounts to be cash equivalents. The Company had no cash equivalents at March 31, 2019 and September 30, 2018.
Concentration of Credit Risk and Revenues	Concentration of Credit Risk, Accounts Receivable and Revenues The Company maintains its cash in financial institutions in the United States for which balances are insured up to Federal Deposit Insurance Corporation limits of $250,000 per account. The Company also maintains cash in financial institutions based in the country of Cyprus. At March 31, 2019, bank accounts in Cyprus are insured for up to $119,000 per Bank under the regulations of the European Union. At times, cash balances may exceed the federally insured limits. The Company had no amounts that exceeded insured limits at March 31, 2019 and September 30, 2018. All of the Company’s revenues are from customers that are located outside of the United States. The Company did not have any Accounts Receivable balance at March 31, 2019. There is one customer that accounted for 100 % of the Company’s Accounts Receivable balance at September 30, 2018. For the six months ended March 31, 2019, four customers accounted for approximately 100% of the total revenues (24.7%, 27.6%, 23.0% and 24.7%). For the six months ended March 31, 2018, three payment processing customers accounted for approximately 96.9% of the total revenues from discontinued operations (31.7%, 12.2% and 53.0% from a related party) and one related party customer accounted for 100% of the consulting revenue.
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets of $20,000 and $7,250 at March 31, 2019 and September 30, 2018, respectively, consist primarily of costs paid for future services which will occur within a year. Prepaid expenses may include prepayments in cash and equity instruments for consulting, public relations and business advisory services, and accounting fees which are being amortized over the terms of their respective agreements.
Impairment of Long-lived Assets	Impairment of Long-lived Assets In accordance with ASC Topic 360, the Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair value and its book value.
Derivative liabilities	Derivative Liabilities The Company evaluates all its financial instruments to determine if those contracts or any potential embedded components of those contracts qualify as derivatives to be separately accounted for in accordance with FASB ASC 815-10-05-4 and 815-40. This accounting treatment requires that the carrying amount of any embedded conversion options be recorded at fair value at issuance and marked-to-market at each balance sheet date. In the event that the fair value is recorded as a liability, as is the case with the Company, the change in the fair value during the period is recorded as either other income or expense. Upon conversion, exercise and repayment, the respective derivative liability is marked to fair value at the conversion, repayment or exercise date, and then the related fair value amount is reclassified to other income or expense as part of gain or loss on debt extinguishment.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with ASC Topic 606 Revenue from Contracts with Customers (“ASC 606”), which requires revenue to be recognized in a manner that depicts the transfer of goods or services to customers in amounts that reflect the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company adopted ASC 606 beginning October 1, 2018. For the consulting services, revenue is recognized when the Company satisfies the performance obligation based on the consulting agreement. Payments received from customers that are related to future periods are recorded as deferred revenue until the service is provided. As of March 31, 2019, the Company had $33,601 of deferred revenue recorded.
Cost of Revenues	Cost of Revenues Cost of revenues, if any, relates to the Company’s consulting service business.
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation is accounted for based on the requirements of ASC 718, Share-Based Payment, which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The Financial Accounting Standards Board (“FASB”) also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Pursuant to ASC Topic 505-50, for share-based payments non-employees, compensation expense is determined at the measurement date defined as the earlier of; a) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached or; b) the date at which the counterparty’s performance is complete. The expense is recognized over the vesting period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company records compensation expense based on the fair value of the award at the reporting date. The awards to consultants and other third-parties are then revalued, or the total compensation is recalculated, based on the then current fair value, at each subsequent reporting date.
Research and Development	Research and Development Research and development costs are expensed as incurred.
Loss per Common Share and Common Share Equivalent	Loss per Common Share and Common Share Equivalent Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares during the period. Diluted net loss per share is computed using the weighted average number of common shares and potentially dilutive securities outstanding during the period. There were 198,612,705 shares reserved for issuance related to convertible note agreements as of March 31, 2019. The following potentially dilutive equity securities outstanding as of March 31, 2019 and as of September 30, 2018 were not included in the computation of dilutive loss per common share because the effect would have been anti-dilutive: March 31, 2019 September 30, 2018 Common shares issuable under: Convertible notes 68,984,063 46,672,138 Warrants 175,000 50,000 69,159,063 46,722,138
Foreign Currency Transactions	Foreign Currency Transactions The reporting and functional currency of the Company is the U.S. dollar. Transactions denominated in foreign currencies are translated into the functional currency at the exchange rates prevailing on the transaction dates. Assets and liabilities denominated in foreign currencies are translated into the functional currency at the exchange rates prevailing at the balance sheet date with any transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Transaction gains or losses have not had, and are not expected to have, a material effect on the results of operations of the Company.
Recently Issued Accounting Standards	Recently Issued Accounting Standards From time to time, the FASB or other standards setting bodies will issue new accounting pronouncements. Updates to the FASB ASC are communicated through issuance of an Accounting Standards Update (“ASU”). In July 2017, the FASB issued ASU No. 2017-11 Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815) (“ASU 2017-11”) In August 2018, the FASB issued ASU 2018-13, “Changes to Disclosure Requirements for Fair Value Measurements”, which will improve the effectiveness of disclosure requirements for recurring and nonrecurring fair value measurements. The standard removes, modifies, and adds certain disclosure requirements, and is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company will be evaluating the impact this standard will have on the Company’s financial statements. In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, Leases Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Mar. 31, 2019
Summary Of Significant Accounting Policies
Schedule of Derivative Liabilities at Fair Value	The Company accounts for the following instruments at fair value. At March 31, 2019 At September 30, 2018 Description Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Derivative liabilities — — $ 425,323 — — $ 589,980
Schedule of Fair Value of Derivative Liabilities at fair Value at recurring basis	A roll forward of the level 3 derivative liabilities is as follows: Balance at September 30, 2018 $ 589,980 Initial fair value of conversion option liabilities – derivative expense 301,633 Initial fair value of conversion option liabilities – debt discount 40,735 Reduction of liability included in loss on debt extinguishment (209,379 ) Gain from change in fair value of conversion option liabilities (297,646 ) Balance at March 31, 2019 $ 425,323
Schedule of potentially dilutive equity securities	The following potentially dilutive equity securities outstanding as of March 31, 2019 and as of September 30, 2018 were not included in the computation of dilutive loss per common share because the effect would have been anti-dilutive: March 31, 2019 September 30, 2018 Common shares issuable under: Convertible notes 68,984,063 46,672,138 Warrants 175,000 50,000 69,159,063 46,722,138

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	6 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Schedule of fair value of the derivative liabilities were estimated using the Binomial option pricing method	During the three months ended March 31, 2019 the fair value of the derivative liabilities were estimated using the Binomial option pricing method with the following assumptions: Dividend rate 0 % Term (in years) 0.01 to 0.44 years Volatility 212.74 % Risk-free interest rate 2.40 to 2.53 %
Schedule of convertible promissory notes	At March 31, 2019 and September 30, 2018, the components of convertible promissory notes, net consisted of the following: March 31, 2019 September 30, 2018 Principal amount of convertible notes $ 191,553 $ 309,976 Debt premium liability 40,279 37,082 Unamortized debt discount (53,206 ) (38,783 ) Convertible notes payable, net – current $ 178,626 $ 308,275

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Schedule of carrying amounts of the major classes of these assets and liabilities	The carrying amounts of the major classes of these assets and liabilities as of March 31, 2019 and September 30, 2018 are summarized as follows: March 31, September 30, 2019 2018 Liabilities: Accounts payable $ 737 $ 14,286 Liabilities of discontinued operations $ 737 $ 14,286
Schedule of selected financial data for online payment processing services	The following table sets forth for three and six months ended March 31, 2019 and 2018, indicated selected financial data of the Company’s discontinued operations of its online payment processing services. For the six months ended 2019 2018 Revenues $ — $ 11,996 Cost of sales (4,443 ) (16,037 ) Gross income (loss) (4,443 ) (4,041 ) Operating expenses — (24,801 ) Loss from discontinued operations $ (4,443 ) $ (28,842 ) For the three months ended 2019 2018 Revenues $ — $ 4,967 Cost of sales (2,090 ) (8,616 ) Gross income (loss) (2,090 ) (3,649 ) Operating expenses — (10,176 ) Loss from discontinued operations $ (2,090 ) $ (13,825 )

ORGANIZATION AND NATURE OF OP_2

ORGANIZATION AND NATURE OF OPERATIONS (Details Narrative)	6 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Entity Incorporation, Date of Incorporation	May 5, 2014
Entity Incorporation, State Country Name	Florida

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2019	Mar. 31, 2018	Sep. 30, 2018
Accounting Policies [Abstract]
Net losses	$ 1,747,634	$ 166,387	$ 794,178	$ 356,046	$ 1,914,021	$ 1,150,224
Net cash used in operations					63,630	$ 106,838
Working capital deficit	557,244				557,244
Accumulated deficit	8,304,885				8,304,885		$ 6,390,864
Stockholders' Equity	557,244				557,244		888,693
Federal Deposit Insurance Corporation limits	250,000				250,000
Prepaid expenses and other current assets							$ 7,250

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Mar. 31, 2019	Sep. 30, 2018
Fair Value, Inputs, Level 3 [Member] | Derivative Liabilities [Member]
Fair Value of Derivative Liabilities	$ 425,323	$ 589,980

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Gain from change in fair value of conversion option liabilities	$ 300,647	$ (586,386)	$ 297,646	$ (864,362)
Fair Value, Inputs, Level 3 [Member] | Derivative Liabilities [Member]
Fair Value of Derivative Liabilities at beginning of periond			589,980
Initial fair value of conversion option liabilities – derivative expense			301,633
Initial fair value of conversion option liabilities – debt discount			40,735
Reduction of liability included in loss on debt extinguishment			(209,379)
Gain from change in fair value of conversion option liabilities			(297,646)
Fair Value of Derivative Liabilities at end of periond	$ 425,323		$ 425,323

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - shares	6 Months Ended	12 Months Ended
	Mar. 31, 2019	Sep. 30, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)	69,159,063	46,722,138
Convertible notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)	68,984,063	46,672,138
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)	175,000	50,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	6 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Sep. 30, 2018
Revenues - related party	$ 0	$ 6,364
Cyprus
Due to related Party	3,173		$ 3,173
Chief Executive Officer
Due to related Party	10		$ 10
Board of Directors
Cash Compensation	$ 7,000	$ 7,500

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details) - Convertible Notes Payable [Member]	6 Months Ended
	Mar. 31, 2019
Dividend rate	0.00%
Volatility	21274.00%
Maximum [Member]
Term (in years)	5 months 8 days
Risk-free interest rate	2.53%
Minimum [Member]
Term (in years)	4 days
Risk-free interest rate	2.40%

CONVERTIBLE NOTES PAYABLE (De_2

CONVERTIBLE NOTES PAYABLE (Details 2) - USD ($)	Mar. 31, 2019	Sep. 30, 2018
Convertible Notes Payable
Principal amount of convertible notes	$ 191,553	$ 309,976
Debt premium liability	40,279	37,082
Unamortized debt discount	(53,206)	(38,783)
Convertible notes payable, net - current	$ 178,626	$ 308,275

STOCKHOLDERS' EQUITY (Details N

STOCKHOLDERS' EQUITY (Details Narrative) - $ / shares	Mar. 31, 2019	Sep. 30, 2018
Equity [Abstract]
Preferred stock,par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	490,000,000	490,000,000
Common stock, shares issued	232,290,035	61,846,818
Common stock, shares outstanding	232,290,035	61,846,818

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($)	Mar. 31, 2019	Sep. 30, 2018
Liabilities:
Accounts payable	$ 737	$ 14,286
Liabilities of discontinued operations	$ 737	$ 14,286

DISCONTINUED OPERATIONS (Deta_2

DISCONTINUED OPERATIONS (Details 2) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Revenues		$ 4,967		$ 11,996
Cost of sales	(2,090)	(8,616)	(4,443)	(16,037)
Gross income (loss)	(2,090)	(3,649)	(4,443)	(4,041)
Operating expenses		(10,176)		(24,801)
Loss from discontinued operations	$ (2,090)	$ (13,825)	$ (4,443)	$ (28,842)

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Common Stock [Member] - Subsequent Event [Member]	1 Months Ended
	May 12, 2019USD ($)shares
Common Stock Shares Issued	$ 41,722
Common Stock Shares Issued, Shares | shares	19,591,200
Fair value of Common Stock Issued	$ 155,521
Loss on debt extinguishment	$ 113,798