XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Corrections to Previously Issued Consolidated Financial Statements (Tables)
12 Months Ended
Sep. 30, 2016
Corrections to Previously Issued Consolidated Financial Statements [Abstract]  
Schedule of corrections and consolidated financial statements
  Previously 
Reported on Form 10K
  Adjustments No.1  Adjustments No.2  Restated 
             
Consolidated Balance Sheet            
As of September 30, 2016            
Due to related party  -   6,500,000   -   6,500,000 
Total Liabilities  56,470   6,500,000   -   6,556,470 
Additional paid-in capital  4,733,401   -   60   4,733,461 
Accumulated deficit  (4,823,401)  (6,500,000)  -   (11,323,401)
Total equity (deficit)  120,882   (6,500,000)  -   (6,379,118)
                 
Consolidated Statements of Operations and Comprehensive Loss                
For the year ended September 30, 2016                
Selling, general and administrative expenses  4,497,263   (3,500,060)  60   997,263 
Research and development expenses  -   10,000,000   -   10,000,000 
Net loss from operations  (4,497,295)  (6,499,940)  (60)  (10,997,295)
Loss from continuing operations before income taxes  (4,506,963)  (6,499,940)  (60)  (11,006,963)
Net Loss  (4,507,799)  (6,499,940)  (60)  (11,007,799)
Basic and diluted loss per share  (0.00)  (0.06)  (0.00)  (0.06)
                 

Consolidated Statements of Cash Flow

For the year ended September 30, 2016

                
Net loss from continuing operations  (4,507,799)  (6,499,940)  (60)  (11,007,799)
Issuance of common stock for compensation  1,295,324   (60)  60   1,295,324 
(Decrease) increase in due to related party  (22,517)  6,500,000       6,477,483 
                 
Consolidated Statements of Cash Flow                
For the year ended September 30, 2015                
Net cash used in operating activities  (517)  -   (198)  (715)