Barrel Energy (BRLL) 10-Q 19 Mar 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Dec. 31, 2018	Mar. 19, 2019
Document And Entity Information
Entity Registrant Name	Barrel Energy Inc.
Entity Central Index Key	0001631463
Document Type	10-Q
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Is Entity's Reporting Status Current?	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		37,478,332
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2019
Entity Emerging Growth Company	true
Entity Small Business	true
Entity Ex Transition Period	false

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2018	Sep. 30, 2018
Current assets:
Cash and cash equivalents	$ 614	$ 3,458
Prepaid		33,333
Total current assets	614	36,791
Total assets	614	36,791
Current liabilities:
Accounts payable and accrued expense	24,083	27,719
Consulting payable- related parties	9,000
Advances from shareholder	23,201	32,791
Convertible notes payable- net of discount of $31,167 and zero respectively	54,749	52,709
Notes payable	100,000
Derivative liability	212,976
Total current liabilities	424,009	113,219
Total liabilities	424,009	113,219
Commitment and Contingencies
Stockholders' equity (deficit)
Preferred stock, $0.001 par value, 5,000,000 authorized, zero issued and outstanding
Common stock, $0.001 par value, 70,000,000 authorized, 37,478,332 issued and outstanding as of December 31, 2018 and 12,301,332 as of September 30, 2018	37,478	23,801
Additional paid-in capital	404,711	272,638
Stock subscription receivable		(11,500)
Accumulated other comprehensive loss	(3,437)	(6,857)
Accumulated deficit	(862,147)	(354,510)
Total stockholders' equity (deficit)	(423,395)	(76,428)
Total liabilities and stockholders' equity (deficit)	$ 614	$ 36,791

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2018	Sep. 30, 2018
Stockholders' equity (deficit):
Convertible notes payable net of discount	$ 31,167	$ 0
Preferred stock, Par value	$ 0.001	$ 0.001
Preferred stock, Authorized	5,000,000	5,000,000
Preferred stock, Issued	0	0
Preferred stock, Outstanding	0	0
Common Stock, Par value	$ 0.001	$ 0.001
Common Stock, Authorized	70,000,000	70,000,000
Common Stock, Issued	37,478,332	12,301,332
Common Stock, Outstanding	37,478,332	12,301,332

STATEMENTS OF OPERATIONS AND CO

STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Operating expenses:
Consulting - related party	$ 103,333
Consulting	31,500
General and administrative expense	54,736	23,395
Loss from operations	(189,569)	(23,395)
Other expense
Loss on currency	(24)
Change in fair value	(158,022)
Financing cost	(153,704)
Interest expense	(6,318)	(1,317)
Total other expense	(318,068)	(1,317)
Net loss	(507,637)	(24,712)
Foreign currency translation adjustment	3,421	2,355
Comprehensive loss	$ (510,058)	$ (22,357)
Net loss per common share, Basic and Diluted	$ (0.02)	$ 0
Weighted average number of common shares outstanding, basic and diluted	29,828,277	12,301,332

STATEMENTS OF SHAREHOLDERS EQUI

STATEMENTS OF SHAREHOLDERS EQUITY (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Stock Receivable	Comprehensive Gain (Loss)	Total
Beginning Balance, Shares at Sep. 30, 2017	12,301,332
Beginning Balance, Amount at Sep. 30, 2017	$ 12,301	$ 272,638	$ (178,477)		$ (4,298)	$ 102,165
Comprehensive gain (loss)					2,355	2,355
Net loss			(24,712)			(24,712)
Ending Balance, Shares at Dec. 31, 2017	12,301,332
Ending Balance, Amount at Dec. 31, 2017	$ 12,301	272,638	(203,189)		(1,943)	79,808
Comprehensive gain (loss)					(12,112)	(12,112)
Net loss			(162,598)			(162,598)
Ending Balance, Shares at Mar. 31, 2018	12,301,332
Ending Balance, Amount at Mar. 31, 2018	$ 12,301	272,638	(365,787)		(14,055)	(94,902)
Comprehensive gain (loss)					6,188	6,188
Net loss			(8,575)			(8,575)
Ending Balance, Shares at Jun. 30, 2018	12,301,332
Ending Balance, Amount at Jun. 30, 2018	$ 12,301	272,638	(374,362)		(7,867)	(97,290)
Comprehensive gain (loss)					1,010	1,010
Net loss			19,852			19,852
Shares purchased not paid, Shares
Shares purchased not paid, Amount	$ 11,500			(11,500)
Ending Balance, Shares at Sep. 30, 2018	12,301,332
Ending Balance, Amount at Sep. 30, 2018	$ 23,801	272,638	(354,510)	(11,500)	(6,857)	(76,428)
Comprehensive gain (loss)					3,421	3,421
Net loss			(507,637)			(507,637)
Common stock issued for cash, Shares	13,502,000
Common stock issued for cash, Amount	$ 25,002	998				26,000
Common stock issued for service, Shares	175,000
Common stock issued for service, Amount	$ 175	131,075				131,250
Shares issued for stock receivable, Shares	11,500,000
Shares issued for stock receivable, Amount	$ (11,500)			11,500
Ending Balance, Shares at Dec. 31, 2018	37,478,332
Ending Balance, Amount at Dec. 31, 2018	$ 37,478	$ 404,711	$ (862,147)		$ (3,436)	$ (423,395)

STATEMENTS OF CASH FLOWS (Unaud

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net loss	$ (507,637)	$ (24,712)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value	158,022
Amortization of debt discount	4,833
Financing cost	153,704
Changes in operating assets and liabilities:
Accounts payable and accrued expense	(1,136)	17,909
Prepaid	33,333
Due to related party	9,000	(685)
Net cash used in operating activities	(149,881)	(7,488)
Cash flows from financing activities:
Cash received for the sale of common stock	26,000
Proceeds from notes payable	100,000
Proceeds from convertible notes payable	30,000
Repayment of related party advances and convertible note payable	(9,590)	(79,119)
Net cash provided by (used in) financing activities	146,410	(79,119)
Effects of currency translation	627	2,355
Net decrease in cash	(2,844)	(84,252)
Cash - beginning of period	3,458	250,160
Cash - end of period	614	165,908
SUPPLEMENT DISCLOSURES:
Interest paid		334
Income taxes paid
NON CASH INVESTING AND FINANCING ACTIVITIES
Discount recorded on inception of derivatives	36,000
Expenses paid on behalf of the Company		$ 12,223

NATURE OF BUSINESS

NATURE OF BUSINESS	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 1 - NATURE OF BUSINESS	BARREL ENERGY INC. is a Nevada corporation, incorporated January 17, 2014, which has engaged historically in the oil and gas sector of the energy industry. The Company entered into an agreement in the lithium exploration business with True Grit LLC. In January 2019 the Company terminated the agreement. The agreement is subject to validation of the ownership and the leases underlying the agreement . It still maintains its interest in capped oil and gas properties in Alberta Canada. BASIS OF PRESENTATION The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required to be included in a complete set of financial statements in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three months ended December 31, 2018 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, 2019. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted. The accompanying unaudited financial statements should be read in conjunction with the audited September 30, 2018 financial statements and related notes included in the Company’s form 10-K filed with the SEC. Basic and diluted net income per share Basic loss per share is calculated as net loss to common stockholders divided by the weighted average number of common shares outstanding during the period. Diluted loss per share for the period equals basic loss per share as the effect of any stock based compensation awards or stock warrants would be antidilutive. As of December 31, 2018 the potential shares at convers ion standing was 6,882,000.

GOING CONCERN

GOING CONCERN	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 2 - GOING CONCERN	The Company’s unaudited interim financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company, as shown in the accompanying balance sheets, has negative working capital and an accumulated deficit as of December 31, 2018. The Company has not established any source of revenue to cover its operating costs. These factors raise substantial doubt about the company’s ability to continue as a going concern. The unaudited interim financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Company will engage in very limited activities that must be satisfied in cash until a source of funding is secured. The Company will offer noncash consideration and seek equity lines as a means of financing its operations. If the Company is unable to obtain revenue producing contracts or financing or if the revenue or financing it does obtain is insufficient to cover any operating losses it may incur, it may substantially curtail or terminate its operations or seek other business opportunities through strategic alliances, acquisitions or other arrangements that may dilute the interests of existing stockholders.

CONVERTIBLE NOTE

CONVERTIBLE NOTE	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 3 - CONVERTIBLE NOTE	On July 1, 2014, the Company issued a USD $67,215 (CAD $75,000) convertible note for cash. The note bears an interest rate of 9.5% and matured on December 31, 2015. The note, plus accrued interest, is convertible by the holder, in part or whole, until the date of maturity into common stock of the Company at CAD one cent ($0.01) per share. The note is in default. The Company by resolution has elected to allow conversion of any and all the notes outstanding principal and interest until the note is fully paid. On September 30, 2017 the Company issued 700,000 shares of common stock with a value of $5,612 (CDN $7,000) for partial conversion of the convertible note. As of December 31, 2018, the convertible debt outstanding was USD $49,916 plus accrued interest of USD $23,842 for a total liability of USD $73,758. On December 1, 2014, the Company issued to a related party, who is an officer and director of the Company, a convertible note for USD $2,226 (CAD $2,800). The note bears an interest rate of 5% per annum and matured on December 31, 2015. On December 29, 2017 the Company paid the outstanding principal of $2,226 and interest of $334 for a total of $2,560. On November 12, 2018 the Company issued a $36,000 convertible note to Crown Partners, LLC. The note bears an original discount of $3,500, matures in 12 months from the origination date and bears interest at 5% per annuum. The note is convertible at any time, in part or whole, at $0.50 per share until the 180 th

RELATED PARTY

RELATED PARTY	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 4 - RELATED PARTY	On December 1, 2014, the Company issued to a related party, who is an officer and director of the Company, a convertible note for USD $ 2,226 (CAD $2,800). The note bears an interest rate of 5% per annum and matured on December 31, 2015. On December 29, 2017 the Company paid the outstanding principal of $2,226 and interest of $334 for a total of $2,560. During the period from October 1, 2018 through December 31, 2018 the Company paid the officers consulting fees of $57,000 of which Harp Sangha was paid $42,000 and Craig Alford was paid $15,000. Under the terms of their consulting agreements Mr. Alford is entitled to $21,000 for the period and Mr. Sangha $45,000. As of December 31, 2018 the Company owed the two related parties $9,000 in accrued consulting. In addition the Company paid five individuals consulting fees of $35,500 during the same period. The aggregate due the non-related party consultants per their agreements for the period is $31,500 and one related party $4,000. The terms of the consulting agreements all terminated on or before December 31, 2018 with no future commitments after that date. During the period ended December 31, 2018 Harpreet Sangha, the Company’s Chairman and Chief Financial Officer, entered into an agreement and purchased 10,000,000 shares of the Company’s common stock for $10,000 and Craig Alford, the Company’s President, who entered into an agreement and purchased 4,000,000 shares of the Company’s common stock for $4,000.

EQUITY

EQUITY	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 5 - EQUITY	During the period from September 30, 2018 to December 31, 2018, the Company entered into separate Subscription Agreements with 17 persons under which 25,002,000 shares of the Company’s common stock were sold for $0.001 per share plus one person was sold 2,000 shares at $0.50 per share plus an option to purchase 2,000 shares at $0.50 per share. This included Harpreet Sangha, the Company’s Chairman, who entered into an agreement to purchase 10,000,000 shares of the Company’s common stock and Craig Alford, the Company’s President, who entered into an agreement to purchase 4,000,000 shares of the Company’s common stock. Three individuals purchasing a total of 3,250,000 shares of common stock with a value $3,250 are relatives of the company Chairman and CFO. The subscription agreements dated September 30, 2018 for 11,500,000 shares of common stock with a value of $11,500 were treated as stock subscriptions receivable and funds were received in the period ending December 31, 2018. Subscription Agreements were approved by the Company’s Board of Directors. The sales were made in reliance on the exemption provided by Section 4(a)(2) of the Securities Act of 1933 and, with respect to a majority of the purchasers, Regulation S. On November 13, 2018 the Company entered into a $3,000,000 equity purchase agreement with Crown Bridge Partners. Under the terms of the agreement, the Company may put to the investor shares of the Company common stock in minimums of $10,000 to maximums of either $100,000 or 200% of the average trading volume, whichever is less. The agreement may be terminated at any time by the Company or when the total commitment of shares are sold by the Company to the investor. As part of the agreement, the Company issued 175,000 shares of its common stock at $0.75 per share as a commitment fee. The value of the transaction of $131,250 was expensed as a financing cost.

NOTES PAYABLE

NOTES PAYABLE	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 6 - NOTES PAYABLE	On November 15, 2018 the Company received an advance from one non-related party for $65,000. On December 3, 2018 the Company received an additional advance of $35,000 from the same individual for a total of $100,000. Both advances are unsecured, on demand and bear no interest.

DERIVATIVE LIABILITIES

DERIVATIVE LIABILITIES	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 7 - DERIVATIVE LIABILITIES	On November 12, 2018 the Company issued a $36,000 convertible note to Crown Partners, LLC. The note bears an original discount of $3,500, matures in 12 months from the origination date and bears interest at 5% per annuum. The note is convertible at any time, in part or whole, at $0.50 per share until the 180 th Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, accounts payable and accrued expenses and shareholder loans. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. Financial assets and liabilities recorded at fair value in our condensed consolidated balance sheets are categorized based upon a fair value hierarchy established by GAAP, which prioritizes the inputs used to measure fair value into the following levels: Level 1— Quoted market prices in active markets for identical assets or liabilities at the measurement date. Level 2— quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data. Level 3— Inputs reflecting management’s best estimates and assumptions of what market participants would use in pricing assets or liabilities at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments. A financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of September 30, 2018 and December 31, 2018: Level 1 Level 2 Level 3 Total As of September 30, 2018: Assets None $ - $ - $ - $ - Liabilities Derivative liability $ - $ - $ -- $ -- As of December 31, 2018: Assets None $ - $ - $ - $ - Liabilities Derivative liability $ - $ - $ 212,976 $ 212,976 The following table summarizes the change in the fair value of the derivative liability during the three months ended December 31, 2018: Fair value as of September 30, 2018 $ -- Additions -- Debt discount charged to derivative 36,000 Financing cost charged to derivative 18,954 Change in fair value 158,022 Fair value as of December 31, 2018 $ 212,976

SUBSEQUENT EVENT

SUBSEQUENT EVENT	3 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
NOTE 8 - SUBSEQUENT EVENT	On January 17,2019 the Company terminated the Earn-In agreement with True Grit Resources. The Company has evaluated subsequent events to determine events occurring after December 31, 2018 through March 19, 2019 that would have a material impact on the Company’s financial results or require disclosure and have determined none exist other than those noted above in this footnote.

NATURE OF BUSINESS (Policies)

NATURE OF BUSINESS (Policies)	3 Months Ended
	Dec. 31, 2018
Nature Of Business
Basis of Presentation	The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required to be included in a complete set of financial statements in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three months ended December 31, 2018 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, 2019. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted. The accompanying unaudited financial statements should be read in conjunction with the audited September 30, 2018 financial statements and related notes included in the Company’s form 10-K filed with the SEC.
Basic and diluted net income per share	Basic loss per share is calculated as net loss to common stockholders divided by the weighted average number of common shares outstanding during the period. Diluted loss per share for the period equals basic loss per share as the effect of any stock based compensation awards or stock warrants would be antidilutive. As of December 31, 2018 the potential shares at convers ion standing was 6,882,000.

DERIVATIVE LIABILITIES (Tables)

DERIVATIVE LIABILITIES (Tables)	3 Months Ended
	Dec. 31, 2018
Derivative Liabilities
Schedule of fair value financial assets and liabilities measured on recurring basis	Level 1 Level 2 Level 3 Total As of September 30, 2018: Assets None $ - $ - $ - $ - Liabilities Derivative liability $ - $ - $ -- $ -- As of December 31, 2018: Assets None $ - $ - $ - $ - Liabilities Derivative liability $ - $ - $ 212,976 $ 212,976
Schedule of derivative liabilities at fair value	Fair value as of September 30, 2018 $ -- Additions -- Debt discount charged to derivative 36,000 Financing cost charged to derivative 18,954 Change in fair value 158,022 Fair value as of December 31, 2018 $ 212,976

NATURE OF BUSINESS (Details Nar

NATURE OF BUSINESS (Details Narrative)	3 Months Ended
	Dec. 31, 2018shares
Nature Of Business Details Narrative
State of Incorporation	State of Nevada
Date of Incorporation	Jan. 17, 2014
Antidilutive securities excluded from computation of earnings per share	6,882,000

CONVERTIBLE NOTE (Details Narra

CONVERTIBLE NOTE (Details Narrative) - USD ($)	Nov. 12, 2018	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Sep. 30, 2018	Dec. 29, 2017
Convertible debt		$ 54,749			$ 52,709
Total liability		73,758
Accrued interest		23,842
Convertible debt outstanding		49,916
Original discount		4,833
On July 1, 2014 [Member]
Convertible debt		$ 67,215
Interest rate		9.50%
Debt maturity date		Dec. 31, 2015
Common stock issued for debt conversion, Shares				700,000
Common stock issued for debt conversion, Amount				$ 5,612
Former officer and director [Member]
Total liability						$ 2,560
Accrued interest						334
Convertible debt outstanding						$ 2,226
Director & Officer [Member] | On December 1, 2014 [Member]
Interest rate		5.00%
Debt maturity date		Dec. 31, 2015
Convertible note - related party		$ 2,226
Crown Partners, LLC [Member]
Convertible debt	$ 36,000
Interest rate	5.00%
Terms of conversion feature	The note is convertible at any time, in part or whole, at $0.50 per share until the 180th date of the note at which time it is convertible an 55% of the market price which is defined as the lowest trading price 25 days prior to conversion.
Original discount	$ 3,500

RELATED PARTY (Details Narrativ

RELATED PARTY (Details Narrative)	3 Months Ended
	Dec. 31, 2018USD ($)Integershares	Dec. 31, 2017USD ($)	Dec. 29, 2017USD ($)
Total liability	$ 73,758
Accrued interest	23,842
Convertible debt outstanding	49,916
Consulting fees	31,500
Stock issued during period value	26,000
Non-Related Parties [Member]
Accrued consulting fees	31,500
One Related Parties [Member]
Accrued consulting fees	4,000
Related Parties [Member]
Accrued consulting fees	$ 9,000
Number of related parties | Integer	2
Former officer and director [Member]
Total liability			$ 2,560
Accrued interest			334
Convertible debt outstanding			$ 2,226
Harpreet Sangha [Member]
Consulting fees	$ 42,000
Accrued consulting fees	$ 45,000
Stock issued during period | shares	10,000,000
Stock issued during period value	$ 10,000
Craig Alford [Member]
Consulting fees	15,000
Accrued consulting fees	$ 21,000
Stock issued during period | shares	4,000,000
Stock issued during period value	$ 4,000
Individuals [Member]
Consulting fees	$ 35,500
Number of individuals | Integer	5
Director & Officer [Member] | On December 1, 2014 [Member]
Interest rate	5.00%
Convertible note - related party	$ 2,226
Debt maturity date	Dec. 31, 2015
Officer [Member]
Consulting fees	$ 57,000

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2018
Sale of stock per shares	$ 3
Shares issued for stock receivable, Amount
Common stock shares issued	37,478,332		12,301,332
Common stock per shares	$ 0.001		$ 0.001
Financing cost	$ 153,704
Proceeds from issuance of common stock	$ 26,000
Equity Purchase Agreement [Member]
Common stock shares issued	175,000
Common stock per shares	$ 0.75
Financing cost	$ 131,250
Subscription Agreements [Member]
Sale of stock, number issued and transaction	25,002,000
Sale of stock per shares	$ 0.001
Number of persons	17
Shares issued for stock receivable, Shares	11,500,000
Shares issued for stock receivable, Amount	$ 11,500
Crown Bridge Partners [Member] | Equity Purchase Agreement [Member]
Equity purchase amount	$ 3,000,000
Equity purchase agreement description	The Company may put to the investor shares of the Company common stock in minimums of $10,000 to maximums of either $100,000 or 200% of the average trading volume, whichever is less.
Craig Alford [Member]
Stock issued during period	4,000,000
Harpreet Sangha [Member]
Stock issued during period	10,000,000
Person [Member] | Subscription Agreements [Member]
Sale of stock, number issued and transaction	2,000
Sale of stock per shares	$ 0.50
Number of persons	1
Three individuals [Member] | CFO [Member]
Common stock shares issued	3,250,000
Proceeds from issuance of common stock	$ 3,250
Option [Member]
Purchase of warrants	2,000
Exercise price of warrants	$ .50

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	Dec. 31, 2018	Dec. 03, 2018	Nov. 15, 2018
Non-Related Parties [Member]
Advance received for related party	$ 100,000	$ 35,000	$ 65,000

DERIVATIVE LIABILITIES (Details

DERIVATIVE LIABILITIES (Details) - USD ($)	Dec. 31, 2018	Sep. 30, 2018
Assets
None
Liabilities
Derivative liability	212,976
Level 1 [Member]
Assets
None
Liabilities
Derivative liability
Level 2 [Member]
Assets
None
Liabilities
Derivative liability
Level 3 [Member]
Assets
None
Liabilities
Derivative liability	$ 212,976

DERIVATIVE LIABILITIES (Detai_2

DERIVATIVE LIABILITIES (Details 1) - USD ($)	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Derivative Liabilities Details 1Abstract
Fair value as of September 30, 2018
Additions
Debt discount charged to derivative	36,000
Financing cost charged to derivative	18,954
Change in fair value	158,022
Fair value as of December 31, 2018	$ 212,976

DERIVATIVE LIABILITIES (Detai_3

DERIVATIVE LIABILITIES (Details Narrative) - USD ($)	Nov. 12, 2018	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2018
Convertible debt		$ 54,749		$ 52,709
Original discount		$ 4,833
Volatility rate		306.00%
Change in fair value		$ 158,022
Convertible notes payable net of discount		31,167		$ 0
Amortization of debt discount		$ 4,833
Discount rate		2.44%
Note origination fee		$ 19,954
Common stock price per share		$ 3
Crown Partners, LLC [Member]
Convertible debt	$ 36,000
Interest rate	5.00%
Terms of conversion feature	The note is convertible at any time, in part or whole, at $0.50 per share until the 180th date of the note at which time it is convertible an 55% of the market price which is defined as the lowest trading price 25 days prior to conversion.
Original discount	$ 3,500
Amortization of debt discount	$ 3,500