GH Capital (VITX) 10-Q 14 Aug 19 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 30, 2019	Aug. 08, 2019
Document And Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Current Fiscal Year End Date	--09-30
Entity File Number	000-55798
Entity Registrant Name	GH Capital Inc.
Entity Central Index Key	0001609472
Entity Tax Identification Number	38-3955212
Entity Incorporation, State or Country Code	FL
Entity Address, Address Line One	200 South Biscayne Boulevard
Entity Address, Address Line Two	Suite 2790
Entity Address, City or Town	Miami
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33131
City Area Code	305
Local Phone Number	714-9397
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		346,357,400
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2018

BALANCE SHEETS (Unaudited)

BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2019	Sep. 30, 2018
Current Assets:
Cash	$ 53,873	$ 67,491
Accounts receivable	25,000	667
Prepaid expenses and other current assets	9,715	7,250
Total Current Assets	88,588	75,408
Total Assets	88,588	75,408
Current Liabilities:
Accounts payable	48,812	24,690
Accrued expenses	10,777	22,617
Convertible notes payable, net of discounts	115,987	308,275
Deferred revenue	3,668
Due to related parties	4,253	4,253
Derivative liabilities	147,373	589,980
Liabilities of discontinued operations		14,286
Total Current Liabilities	330,870	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 June 30, 2019 and September 30, 2018, respectively.
Common stock ; $0.0001 par value; 5,000,000,000 shares authorized; 339,573,445 and 61,846,818 shares issued and outstanding at June 30, 2019 and September 30, 2018, respectively.	33,957	6,185
Additional paid-in capital	8,044,960	5,495,986
Accumulated deficit	(8,321,199)	(6,390,864)
Total Stockholders' Equity	(242,282)	(888,693)
Total Liabilities and Stockholders' Equity	$ 88,588	$ 75,408

BALANCE SHEETS (Unaudited) (Par

BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 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	339,573,445	61,846,818
Common stock, shares outstanding	339,573,445	61,846,818

STATEMENTS OF OPERATIONS AND CO

STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues
Consulting	$ 89,600		$ 194,000
Consulting - related party		22,400		33,599
Total revenues	89,600	22,400	194,000	33,599
Cost of revenues	32,000		94,500
Gross Income	57,600	22,400	99,500	33,599
Operating Expenses:
Compensation	9,000	3,000	24,000	10,500
Professional fees	75,679	81,640	167,104	205,350
Other selling, general and administrative expenses	18,648	3,182	35,193	17,535
Total operating expenses	103,327	87,822	226,297	233,385
Operating loss from operations from continuing operations	(45,727)	(65,422)	(126,797)	(199,786)
Other Income (Expenses):
Initial fair value of conversion option liability		756,782	(301,633)	(107,580)
Gain (loss) from change in fair value of conversion option liability	65,683		363,329
Gain (loss) from foreign currency transactions	5	(133)	(106)	174
Gain (loss) on sale of marketable securities				(838)
Loss on debt extinguishment, net	(11,762)		(1,719,913)
Interest expense	(23,094)	(114,404)	(139,353)	(238,206)
Total other income (expenses)	30,832	642,245	(1,797,676)	(344,774)
Income (loss) from continuing operations before provision for income taxes	(14,895)	576,824	(1,924,473)	(544,559)
Provision for income taxes
Income (loss) from continuing operations	(14,895)	576,824	(1,924,473)	(544,559)
Discontinued operations:
Loss from discontinued operations	(1,419)	(41,518)	(5,862)	(70,360)
Total loss from discontinued operations	(1,419)	(41,518)	(5,862)	(70,360)
Comprehensive Income (loss):
Net Income (loss)	(16,314)	535,306	(1,930,335)	(614,919)
Unrealized gain (loss) on available-for-sale marketable securities				(896)
Comprehensive income (loss)	$ (16,314)	$ 535,306	$ (1,930,335)	$ (615,815)
Loss per common share, basic and diluted
Income (loss) from continuing operations	$ 0	$ 0.01	$ (0.01)	$ (0.01)
Loss from discontinued operations	0	0	0	0
Total Income (loss) per common share, basic and diluted	$ 0	$ 0.01	$ (0.01)	$ (0.01)
Weighted Average Common Shares Outstanding - Basic and diluted	276,389,532	61,021,874	171,031,797	60,832,166

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					(614,919)
Ending Balance at Jun. 30, 2018	$ 6,115	5,441,836	(5,946,810)		(498,859)
Ending Balance, Shares at Jun. 30, 2018	61,146,818
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
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes	$ 19	5,468			5,487
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes (in shares)	185,000
Fair value of warrants issued in connection with a note payable		6,206			6,206
Net loss			535,306		535,306
Ending Balance at Jun. 30, 2018	$ 6,115	5,441,836	(5,946,810)		(498,859)
Ending Balance, Shares at Jun. 30, 2018	61,146,818
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					(1,930,335)
Ending Balance at Jun. 30, 2019	$ 33,957	8,044,960	(8,321,199)		(242,282)
Ending Balance, Shares at Jun. 30, 2019	339,573,445
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
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes	$ 6,686	302,150			308,836
Common stock issued upon conversion of principal amount, accrued interest and conversion fees on convertible notes (in shares)	66,862,370
Common stock issued upon cashless warrant exercise	$ 3,022	(3,022)
Common stock issued upon cashless warrant exercise, Shares	30,221,040
Issuance of common stock for services	$ 1,020	21,420			22,440
Issuance of common stock for services, Shares	10,200,000
Net loss			(16,314)		(16,314)
Ending Balance at Jun. 30, 2019	$ 33,957	$ 8,044,960	$ (8,321,199)		$ (242,282)
Ending Balance, Shares at Jun. 30, 2019	339,573,445

STATEMENTS OF CASH FLOWS (Unaud

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,930,335)	$ (614,919)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation and professional fees	22,440	63,000
Stock-based conversion fees	19,000	1,500
Accretion of premium on convertible note	40,279	37,082
Amortization expense of debt discount	54,491	183,208
Bad debt expense		1,009
Loss on sale of marketable securities		838
Loss on debt extinguishment	1,719,913
Initial fair value of conversion option liability	301,633	107,580
(Gain) loss from change in fair value of conversion option liability	(363,329)
Changes in operating assets and liabilities:
Accounts receivable	667	(780)
Accounts receivable - related party	(25,000)	980
Prepaid expenses	(2,465)	(1,583)
Accounts payable	24,122	1,166
Accrued expenses	32,584	16,421
Deferred revenue - related party	3,668	22,401
Liabilities of discontinued operations	(14,286)
Net cash used in operating activities	(116,618)	(183,773)
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	266,750
Proceeds from related party		1,070
Net cash provided by financing activities	103,000	267,820
Net increase (decrease) in cash	(13,618)	86,723
Cash - beginning of year	67,491	12,694
Cash - end of year	53,873	99,417
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	354,400	3,988
Unrealized loss on marketable securities		(896)
Debt discounts on convertible debt	37,292	243,000
Stock warrants granted with convertible notes		6,206
Reclassification of put premium to additional paid in capital	$ 37,082

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	9 Months Ended
	Jun. 30, 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”. On March 31, 2019, the Company’s Board of Directors approved the increase of the Company’s authorized shares for common stock to 5,000,000,000 shares from 490,000,000 shares of authorized shares of common stock. The Company filed Articles of Amendment to its Articles of Incorporation with Florida’s Secretary of State and requested an effective date of May 1, 2019 for the increase of authorized shares of common stock (see Note 5).

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 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 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 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 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 financial statements, the Company had a net loss of $1,930,335 for the nine months ended June 30, 2019. The net cash used in operations was $116,618 for the nine months ended June 30, 2019. Additionally, the Company had an accumulated deficit of $8,321,199 and a stockholders’ deficit of $242,282, and a working capital deficit of $242,282 at June 30, 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 June 30, 2019 At September 30, 2018 Description Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Derivative liabilities — — $ 147,373 — — $ 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 June 30, 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 June 30, 2019 measured $147,373. 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 (421,646 ) Gain from change in fair value of conversion option liabilities (363,329 ) Balance at June 30, 2019 $ 147,373 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 June 30, 2019 and September 30, 2018. Concentrations Concentrations of Credit Risk 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 June 30, 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 June 30, 2019 and September 30, 2018. Concentrations of Accounts Receivables During the nine months ended June 30, 2019, the Company had net account receivable of $25,000 of which 24%, 32% and 44% were from three of the Company’s customers. During the year ended September 30, 2018, the Company had net account receivable of $667 of which 100% was from a Company’s customer. Concentrations of Revenue During the nine months ended June 30, 2019, the Company had revenue from continuing operations of $194,000 of which 21%, 22%, 22% and 25% were from four of the Company’s customers. During nine months ended June 30, 2018, the Company had revenue from continuing operations of $33,599 of which 100% (related party) was from a Company’s customer. A reduction in revenue from or loss of such customers would have a material adverse effect on the Company’s consolidated results of operations and financial condition. All of the Company’s revenues are from customers that are located outside of the United States. Prepaid Expenses Prepaid expenses of $9,715 and $7,250 at June 30, 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 June 30, 2019, the Company had $3,668 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 June 30, 2019. The following potentially dilutive equity securities outstanding as of June 30, 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: June 30, 2019 September 30, 2018 Common shares issuable under: Convertible notes 213,103,108 46,672,138 Warrants 110,204,081 50,000 323,307,189 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	9 Months Ended
	Jun. 30, 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 nine months ended June 30, 2019 and 2018, aggregate revenues from discontinued operations – related party amount to $0 and $11,996 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 June 30, 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 June 30, 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 June 30, 2019 and September 30, 2018, the Company owed its Attorney $1,070 and $1,070, respectively. During the nine months ended June 30, 2019 and 2018, the Company paid cash compensation to a designated member of its board of directors in the amount of $10,000 and $10,500, respectively, in connection with a written agreement with the director. Additionally, the Company made payments of $25,000 to this director as his retainer fees for various consulting agreements for services he provided for the Company’s clients which was charged to cost of revenue in the accompanying statement of operations as of June 30, 2019.

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	9 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 4 – CONVERTIBLE NOTES PAYABLE October 2017 Financing On October 10, 2017, the Company entered into a securities purchase agreements (the “SPA”) for the sale of the Company’s convertible note. Pursuant to the SPA, the Company issued an unsecured convertible Note (“October 2017 Note”) for a principal amount of $160,000. The Company received $143,250 in aggregate net proceeds from the sale, net of $16,750 OID and legal fees. The October 2017 Note bears an interest rate of 12% per annum (which interest rate shall be increased to 24% per annum upon the occurrence of an Event of Default (as defined in the October 2017 Note)), shall mature on July 10, 2018 and the principal and interest are convertible at any time at a conversion price equal the lower of $0.65 per share or 55% of the lowest trading price of the Company’s common stock during the twenty-five trading days immediately preceding the conversion date. 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. 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 three trading days prior written notice to the lender to prepay the outstanding balance of the October 2017 Note, in full by making a cash payment to the lender equal to 130% of the total outstanding principal, accrued and unpaid interest and default interest, if any. The October 2017 Note may be prepaid at anytime until the 180th following the original issue date at a premium of 140%. After this initial 180-day period, the Company does not have a right to prepay the note. The October 2017 Note is in default. In July 2018, the Company failed to make the repayment of the outstanding principal and interest at the maturity date which caused the interest to increase to the default interest of 24%. 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 lender converted $6,951 of accrued interest and $3,000 of conversion fee, for a total amount of $9,951 into 615,000 shares of the Company’s common stock. During the nine months ended June 30, 2019, the lender fully converted the remaining outstanding principal, interest and conversion fee of $175,000, $35,187 and $10,000, respectively, into 140,404,704 shares of the Company’s common stock. As of June 30, 2019, the October 2017 Note had no outstanding balance. February 2018 Financing On February 20, 2018, under a Securities Purchase Agreement (the “SPA”), the Company issued a 10% Convertible Promissory Note (“February 2018 Notes”) for principal amount of up to $180,000 to be funded in several tranches. The February 2018 Notes bears an interest rate of 10% per annum (which interest rate shall be increased to 15% per annum upon the occurrence of an Event of Default (as defined in the February 2018 Notes)). The February 2018 Notes shall mature twelve months from the effective date of each tranche. The Company received the; (i) first tranche on February 20, 2018 with the Company receiving net proceeds of $52,000, net of $8,000 OID and legal fees; (ii) the second tranche on June 11, 2018 with the Company receiving net proceeds of $16,500, net of $3,500 OID and legal fees; and (iii) the third tranche on March 13, 2019 with the Company receiving net proceeds of $43,000, net of $7,000 OID and legal fees. The Company received an aggregate net proceeds of $130,000, net of $18,500 OID and legal fees which total to a principal amount of $130,000. The lender 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 equal to 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 the February 2018 Notes are 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%. The February 2018 Notes are 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 the first 90 days following the date of the February 2018 Notes, 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 lender under the terms of the February 2018 Notes, at a premium ranging from 135% to 145% as defined in the February 2018 Notes. After this initial 90-day period, the Company does not have a right to prepay the February 2018 Notes. The February 2018 Notes contains representations, warranties, events of default, beneficial ownership limitations, piggyback registration rights and other provisions that are customary of similar instruments. On June 13, 2018, in connection with the funding of the second tranche of the February 2018 Notes, the Company issued to the lender of 50,000 warrants (February 2018 Warrant I). The warrants had a term of five years from the date of grant with an exercise price of $0.40. 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 (see Note 5). The February 2018 Warrant I had full ratchet anti-dilution provision therefore causing the Company to adjust the outstanding warrants to 40,816,326, an increase of 40,766,326 warrants. During the three months ended June 30, 2019, the Company issued 30,221,040 shares of its common stock in connection with the cashless exercise of 32,653,061 of these warrants. The Company recorded the common stock at par value and a corresponding offset against equity. As of June 30, 2019, there were 8,163,265 warrants outstanding under February 2018 Warrant I. On March 13, 2019, in connection with the funding of the third tranche of the February 2018 Notes, the Company issued to the lender of 125,000 warrants (February 2018 Warrant II), 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 (see Note 5). The February 2018 Warrant II had full ratchet anti-dilution provision therefore causing the Company to adjust the outstanding warrants to 102,040,816, an increase of 101,915,816 warrants. As of June 30, 2019, there were 102,040,816 warrants outstanding under February 2018 Warrant II. During the fiscal year ended September 30, 2018, the lender converted $3,023 of outstanding principal and $500 of conversion fee, for a total amount of $3,523 into 270,000 shares of the Company’s common stock. During the nine months ended June 30, 2019, the lender converted $76,977 of outstanding principal, $46,336 of accrued interest and $9,000 of conversion fee, for a total amount of $92,313 into 73,420,237 shares of the Company’s common stock. As of June 30, 2019, the February 2018 Notes had $50,000 and $1,575 of outstanding principal and accrued interest, respectively. June 2018 Financing: On June 14, 2018, the Company entered into a securities purchase agreements (the “SPA”) for the sale of the Company’s convertible note. Pursuant to the SPA, the Company issued an unsecured convertible Note (“June 2018 Note”) for a principal amount of $58,000. The Company received net proceeds of $55,000, net of $3,000 OID and legal fees. The June 2018 Note bears an interest rate of 10% per annum (which interest rate shall be increased to 22% per annum upon the occurrence of an Event of Default (as defined in the June 2018 Note)), shall mature on June 14, 2019. The lender has the right to convert beginning 180 th During the nine months ended June 30, 2019, the lender fully converted the remaining outstanding principal and interest of $58,000 and $2,900, respectively, into 23,480,646 shares of the Company’s common stock. In connection with these conversions, $37,082 of Put Premium was reclassified to equity. As of June 30, 2019, the June 2018 Note had no outstanding balance. February 2019 Financing: On February 14, 2019, the Company entered into a securities purchase agreements (the “SPA”) for the sale of the Company’s convertible note. Pursuant to the SPA, the Company issued an unsecured convertible Note (“February 2019 Note”) for a principal amount of $63,000. The Company received net proceeds of $60,000, net of $3,000 OID and legal fees. The February 2019 Note bears an interest rate of 10% per annum (which interest rate shall be increased to 22% per annum upon the occurrence of an Event of Default (as defined in the February 2019 Note)), shall mature on February 14, 2020. The lender has the right to convert beginning 180th day 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 fifteen trading days immediately preceding the conversion date. During the first 30 to 180 days following the date of the February 2019 Note, the Company has the right to prepay the principal and accrued but unpaid interest due under the February 2019 Note, together with any other amounts that the Company may owe the lender under the terms of the February 2019 Note, at a premium ranging from 115% to 140% as defined in the February 2019 Note. After this initial 180-day period, the Company does not have a right to prepay the February 2019 Note. In connection with the issuance of the February 2019 Note, the Company recorded a premium of $40,279 as the note is considered stock settled debt under ASC 480, which was fully accreted at the inception of the February 2019 Note. As of June 30, 2019, the February 2019 Note had $63,000 of outstanding principal and $2,201 of accrued interest. Derivative Liabilities Pursuant to Securities Purchase Agreements In connection with the issuance of the October 2017 and February 2018 Notes, the Company determined that the terms of these Notes contain terms that included a provision under which the conversion price and exercise price could be affected by future equity offerings undertaken by the Company or contain terms that are not fixed monetary amounts at inception and included various other terms that caused derivative treatment. Accordingly, under the provisions of ASC 815-40 –Derivatives and Hedging – Contracts in an Entity’s Own Stock In July 2017, FASB issued ASU No. 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features. These amendments simplify the accounting for certain financial instruments with down-round features. The amendments require companies to disregard the down-round feature when assessing whether the instrument is indexed to its own stock, for purposes of determining liability or equity classification. The guidance was early adopted as of January 1, 2019 and the Company elected to record the effect of this adoption retrospectively to outstanding financial instruments with a down round feature by means of a cumulative-effect adjustment to the consolidated balance sheet, the period which the amendment is effective. There was no cumulative effect from the adoption of ASU No. 2017-11 and did not have any impact on the Company’s consolidated financial statements as there were other note provisions that caused derivative treatment. 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 nine months ended June 30, 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 nine months ended June 30, 2019, the respective derivative liability was marked to fair value at the conversion, and then a related fair value amount of $421,646 relating to the portion of debt converted was reclassified to other income or expense as part of loss on debt extinguishment. Additionally, the Company recorded loss on debt extinguishment of $2,141,559 during the nine months ended June 30, 2019 in connection with the conversion of notes resulting in a net loss on extinguishment of debt of $1,719,913 for the nine months ended June 30, 2019 as reflected in the accompanying unaudited statements of operations. For the nine months ended June 30, 2019 and 2018, the total amortization expense of debt discounts related to all convertible promissory notes were $54,491 and $183,208, charged to interest expense on the accompanying statements of operations. During the three months ended June 30, 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 0.2 years Volatility 120.85 % Risk-free interest rate 1.75 to 2.18 % At June 30, 2019 and September 30, 2018, the components of convertible promissory notes, net consisted of the following: June 30, 2019 September 30, 2018 Principal amount of convertible notes $ 113,000 $ 309,976 Debt premium liability 40,279 37,082 Unamortized debt discount (37,292 ) (38,783 ) Convertible notes payable, net – current $ 115,987 $ 308,275

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Jun. 30, 2019
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 5 – STOCKHOLDERS’ DEFICIT Shares Authorized The Company had 500,000,000 shares authorized of which 490,000,000 were common stock, par value $0.0001 and 10,000,000 were preferred stock, par value of $0.0001. On March 31, 2019, the Company’s Board of Directors approved the increase of the Company’s authorized shares for common stock to 5,000,000,000 shares from 490,000,000 shares of authorized shares of common stock. The Company filed Articles of Amendment to its Articles of Incorporation with Florida’s Secretary of State and requested an effective date of May 1, 2019 for the increase of authorized shares of common stock (see Note 1). 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 June 30, 2019 and September 30, 2018, there were no shares of preferred stock issued an outstanding. Common Stock Common stock issued for debt conversion During the nine months ended June 30, 2019, the Company issued an aggregate of 237,305,587 shares of its common stock upon conversion of $309,977 of outstanding principal, $44,424 of accrued interest and $19,000 of conversion fees. These shares of common stock had an aggregate fair value of $2,514,959 and the Company recorded $2,141,559 of loss on debt extinguishment related to the note conversions (see Note 4). Shares issued for cashless exercise of warrants During the nine months ended June 30, 2019, the Company issued 30,221,040 shares of its common stock for cashless exercise of 32,653,061 warrants (see Note 4). Shares issued for services During the nine months ended June 30, 2019, the Company issued 10,200,000 shares of its common stock to a consultant pursuant to a consulting agreement with grant date fair value of $22,440 or $0.0022 per share. At June 30, 2019 and September 30, 2018, the Company had 339,573,445 and 61,846,818 shares of common stock issued and outstanding, respectively. Warrants A summary of the Company’s outstanding stock warrants as of June 30, 2019 and changes during the period ended are presented below: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Balance at September 30, 2018 50,000 $ 0.40 4.70 Granted 125,000 0.40 5.00 Additional issuances under ratchet provisions 142,682,142 0.00049 4.49 Cancelled — — — Exercised (32,653,061 ) 0.00049 3.95 Forfeited — — — Balance at June 30, 2019 110,204,081 $ 0.00049 4.65 Warrants exercisable at June 30, 2019 110,204,081 $ 0.00049 4.65 Weighted average fair value of warrants granted during the period $ 0.0019 Warrants issued pursuant to Securities Purchase Agreements The Company granted a note holder 175,000 warrants in connection with the June 2018 financing (see Note 4) which was adjusted under the full ratchet anti-dilution provision and therefore causing the Company to adjust it to a total of 142,857,142 warrants. In June 2019, the Company issued 30,221,040 common stock in connection with the cashless exercise of 32,653,061 of these warrants. The Company recorded the common stock at par value and a corresponding offset against additional paid in capital.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Jun. 30, 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 June 30, 2019 and September 30, 2018 are summarized as follows: June 30, September 30, 2019 2018 Liabilities: Accounts payable $ — $ 14,286 Liabilities of discontinued operations $ — $ 14,286 For the three and nine months ended June 30, 2019 and 2018, discontinued operations of its online payment processing services consisted of the following: Three Months Ended June 30, Nine Months Ended June 30, 2019 2018 2019 2018 Revenues $ — $ — $ — $ 11,996 Cost of revenues 1,419 8,962 5,862 (24,998 ) Gross income (loss) (1,419 ) (8,962 ) (5,862 ) (13,002 ) Operating expenses — (32,556 ) — (57,358 ) Loss from discontinued operations $ (1,419 ) $ (41,518 ) $ (5,862 ) $ (70,360 )

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jun. 30, 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	9 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS Subsequent to June 30, 2019, the Company issued 6,783,955 shares of the Company’s common stock to note holders to convert $3,392 of outstanding note balance.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Management acknowledges its responsibility for the preparation of the accompanying unaudited 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 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 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 financial statements, the Company had a net loss of $1,930,335 for the nine months ended June 30, 2019. The net cash used in operations was $116,618 for the nine months ended June 30, 2019. Additionally, the Company had an accumulated deficit of $8,321,199 and a stockholders’ deficit of $242,282, and a working capital deficit of $242,282 at June 30, 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 June 30, 2019 At September 30, 2018 Description Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Derivative liabilities — — $ 147,373 — — $ 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 June 30, 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 June 30, 2019 measured $147,373. 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 (421,646 ) Gain from change in fair value of conversion option liabilities (363,329 ) Balance at June 30, 2019 $ 147,373
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 June 30, 2019 and September 30, 2018.
Concentration	Concentrations Concentrations of Credit Risk 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 June 30, 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 June 30, 2019 and September 30, 2018. Concentrations of Accounts Receivables During the nine months ended June 30, 2019, the Company had net account receivable of $25,000 of which 24%, 32% and 44% were from three of the Company’s customers. During the year ended September 30, 2018, the Company had net account receivable of $667 of which 100% was from a Company’s customer. Concentrations of Revenue During the nine months ended June 30, 2019, the Company had revenue from continuing operations of $194,000 of which 21%, 22%, 22% and 25% were from four of the Company’s customers. During nine months ended June 30, 2018, the Company had revenue from continuing operations of $33,599 of which 100% (related party) was from a Company’s customer. A reduction in revenue from or loss of such customers would have a material adverse effect on the Company’s consolidated results of operations and financial condition. All of the Company’s revenues are from customers that are located outside of the United States.
Prepaid Expenses	Prepaid Expenses Prepaid expenses of $9,715 and $7,250 at June 30, 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 June 30, 2019, the Company had $3,668 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 June 30, 2019. The following potentially dilutive equity securities outstanding as of June 30, 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: June 30, 2019 September 30, 2018 Common shares issuable under: Convertible notes 213,103,108 46,672,138 Warrants 110,204,081 50,000 323,307,189 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)	9 Months Ended
	Jun. 30, 2019
Summary Of Significant Accounting Policies
Schedule of Derivative Liabilities at Fair Value	The Company accounts for the following instruments at fair value At June 30, 2019 At September 30, 2018 Description Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Derivative liabilities — — $ 147,373 — — $ 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 (421,646 ) Gain from change in fair value of conversion option liabilities (363,329 ) Balance at June 30, 2019 $ 147,373
Schedule of potentially dilutive equity securities	The following potentially dilutive equity securities outstanding as of June 30, 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: June 30, 2019 September 30, 2018 Common shares issuable under: Convertible notes 213,103,108 46,672,138 Warrants 110,204,081 50,000 323,307,189 46,722,138

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	9 Months Ended
	Jun. 30, 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 June 30, 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 0.2 years Volatility 120.85 % Risk-free interest rate 1.75 to 2.18 %
Schedule of convertible promissory notes	At June 30, 2019 and September 30, 2018, the components of convertible promissory notes, net consisted of the following: June 30, 2019 September 30, 2018 Principal amount of convertible notes $ 113,000 $ 309,976 Debt premium liability 40,279 37,082 Unamortized debt discount (37,292 ) (38,783 ) Convertible notes payable, net – current $ 115,987 $ 308,275

STOCKHOLDERS' DEFICIT (Tables)

STOCKHOLDERS' DEFICIT (Tables)	9 Months Ended
	Jun. 30, 2019
Stockholders Deficit
Schedule of Warrants Outstanding	A summary of the Company’s outstanding stock warrants as of June 30, 2019 and changes during the period ended are presented below: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Balance at September 30, 2018 50,000 $ 0.40 4.70 Granted 125,000 0.40 5.00 Additional issuances under ratchet provisions 142,682,142 0.00049 4.49 Cancelled — — — Exercised (32,653,061 ) 0.00049 3.95 Forfeited — — — Balance at June 30, 2019 110,204,081 $ 0.00049 4.65 Warrants exercisable at June 30, 2019 110,204,081 $ 0.00049 4.65 Weighted average fair value of warrants granted during the period $ 0.0019

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Jun. 30, 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 June 30, 2019 and September 30, 2018 are summarized as follows: June 30, September 30, 2019 2018 Liabilities: Accounts payable $ — $ 14,286 Liabilities of discontinued operations $ — $ 14,286
Schedule of selected financial data for online payment processing services	For the three and nine months ended June 30, 2019 and 2018, discontinued operations of its online payment processing services consisted of the following: Three Months Ended June 30, Nine Months Ended June 30, 2019 2018 2019 2018 Revenues $ — $ — $ — $ 11,996 Cost of revenues 1,419 8,962 5,862 (24,998 ) Gross income (loss) (1,419 ) (8,962 ) (5,862 ) (13,002 ) Operating expenses — (32,556 ) — (57,358 ) Loss from discontinued operations $ (1,419 ) $ (41,518 ) $ (5,862 ) $ (70,360 )

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended						9 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2019	Jun. 30, 2018	Sep. 30, 2018
Accounting Policies [Abstract]
Net losses	$ 16,314	$ 1,747,634	$ 166,387	$ (535,306)	$ 794,178	$ 356,046	$ 1,930,335	$ 614,919
Net cash used in operations							116,618	$ 183,773
Working capital deficit	242,282						242,282
Accumulated deficit	8,321,199						8,321,199		$ 6,390,864
Stockholders' Equity	242,282						242,282		888,693
Federal Deposit Insurance Corporation limits	250,000						250,000
Prepaid expenses and other current assets	$ 9,715						$ 9,715		$ 7,250

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Jun. 30, 2019	Sep. 30, 2018
Derivative Liabilities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value of Derivative Liabilities	$ 147,373	$ 589,980

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Gain from change in fair value of conversion option liabilities	$ 65,683		$ 363,329
Derivative Liabilities [Member] | Fair Value, Inputs, Level 3 [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			(421,646)
Gain from change in fair value of conversion option liabilities			(363,329)
Fair Value of Derivative Liabilities at end of periond	$ 147,373		$ 147,373

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - shares	9 Months Ended	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)	323,307,189		46,722,138
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)	110,204,081	50,000
Convertible notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)	213,103,108		46,672,138

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	9 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Sep. 30, 2018
Revenues - related party	$ 0	$ 11,996
Cyprus
Due to related Party	3,173		$ 3,173
Chief Executive Officer
Due to related Party	10		$ 10
Board of Directors
Cash Compensation	$ 10,000	$ 10,500

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details) - Convertible Notes Payable [Member]	9 Months Ended
	Jun. 30, 2019
Dividend rate	0.00%
Volatility	120.85%
Minimum [Member]
Term (in years)	4 days
Risk-free interest rate	1.75%
Maximum [Member]
Term (in years)	2 months 12 days
Risk-free interest rate	2.18%

CONVERTIBLE NOTES PAYABLE (De_2

CONVERTIBLE NOTES PAYABLE (Details 2) - USD ($)	Jun. 30, 2019	Sep. 30, 2018
Convertible Notes Payable
Principal amount of convertible notes	$ 113,000	$ 309,976
Debt premium liability	40,279	37,082
Unamortized debt discount	(37,292)	(38,783)
Convertible notes payable, net - current	$ 115,987	$ 308,275

STOCKHOLDERS' EQUITY (Details N

STOCKHOLDERS' EQUITY (Details Narrative) - $ / shares	Jun. 30, 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	339,573,445	61,846,818
Common stock, shares outstanding	339,573,445	61,846,818

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Warrants [Member]	9 Months Ended
	Jun. 30, 2019$ / sharesshares
Number of Warrants
Balance at September 30, 2018 | shares	50,000
Granted | shares	125,000
Additional issuances under ratchet provisions | shares	142,682,142
Exercised | shares	(32,653,061)
Balance at June 30, 2019 | shares	110,204,081
Warrants exercisable at June 30, 2019 | shares	110,204,081
Weighted Average Exercise Price
Balance at September 30, 2018	$ 0.4
Granted	0.4
Additional issuances under ratchet provisions	0.00049
Exercised	0.00049
Balance at June 30, 2019	0.00049
Warrants exercisable at June 30, 2019	0.00049
Weighted average fair value of warrants granted during the period	$ 0.0019
Weighted Average Remaining Contractual Life
Balance at September 30, 2018	4 years 8 months 12 days
Granted	5 years
Additional issuances under ratchet provisions	4 years 5 months 26 days
Exercised	3 years 11 months 12 days
Balance at June 30, 2019	4 years 7 months 24 days
Warrants exercisable at June 30, 2019	4 years 7 months 24 days

DISCONTINUED OPERATIONS (Detail

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

DISCONTINUED OPERATIONS (Deta_2

DISCONTINUED OPERATIONS (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]
Revenues				$ 11,996
Cost of revenues	1,419	8,962	5,682	(24,998)
Gross income (loss)	(1,419)	(8,962)	(5,862)	(13,002)
Operating expenses		(32,556)		(57,358)
Loss from discontinued operations	$ (1,419)	$ (41,518)	$ (5,862)	$ (70,360)

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - Common Stock [Member]	Jul. 02, 2019USD ($)shares
Common Stock Shares Issued | $	$ 3,392
Common Stock Shares Issued, Shares | shares	19,591,200