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FIXED ASSETS

3 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Fixed assets consist of the following as of December 31, 2014 and September 30, 2014

	December 31, 2014			September 30, 2014
Machinery and equipment	$	580,973		$	580,973
Furniture and fixtures		1,475			—
Total		582,448			580,973
Less: accumulated depreciation		(21	)		—
Fixed assets, net of accumulated depreciation	$	582,427		$	580,973

Depreciation expense for the three months ended December 31, 2014 and 2013 was $21 and $0, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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