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CONSOLIDATED BALANCE SHEETS (UNAUDITED FOR December 31, 2016) - USD ($)
Dec. 31, 2016
Sep. 30, 2016
Current assets:    
Cash $ 162,742 $ 40,613
Accounts receivable, net 201,175 57,711
Inventories 411,223 206,356
Prepaid expenses and deposits 73,554 65,726
Total current assets 848,694 370,406
Equipment, net 298,371 151,946
Other assets:    
Investment in unconsolidated affiliate 34,829 0
Goodwill 52,424 0
Total other assets 87,253 0
Total assets 1,234,318 522,352
Current liabilities:    
Accounts payable 196,198 189,317
Loan payable - short term - Related party [1] 129,426 145,377
Loan payable - short term 25,753 0
Convertible Notes payable - Related party [2] 604,521 603,008
Other current liabilities 111,192 7,337
Total current liabilities 1,067,090 945,039
Non-current liabilities:    
Loan payable - long term 90,136 0
Total non-current liabilities 90,136 0
Stockholders' equity (deficit):    
Common stock 328 311
Additional paid in capital 7,704,871 6,909,523
Accumulated deficit (7,603,364) (7,263,412)
Less: treasury stock, at cost [3] (69,109) (69,109)
Accumulated other comprehensive loss (26,261) 0
Total controller shareholders' equity (deficit) [4] 6,465 (422,687)
Noncontrolling interest 70,627 0
Total stockholders' equity (deficit) 77,092 (422,687)
Total liabilities and stockholders' equity (deficit) $ 1,234,318 $ 522,352
[1] Including interest of $712.
[2] Including interest of $4,521.
[3] 1,800,844 shares held in treasury.
[4] NuZee, Inc. shareholders.