NOTES PAYABLE (Details Narrative) - Financing Arrangement Directors and Officers Insurance [Member] - USD ($) |
12 Months Ended | |
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Sep. 30, 2016 |
Sep. 30, 2015 |
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Debt issuance date | Feb. 28, 2016 | Feb. 28, 2015 |
Face amount of notes | $ 215,810 | $ 212,400 |
Notes payable, interest rate | 7.00% | 6.75% |
Principal payment | $ 128,012 | $ 212,400 |
Interest paid | $ 5,664 | $ 5,950 |
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Date the debt instrument was issued, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. No definition available.
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- Details
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