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Subsequent Events
6 Months Ended
Mar. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

NOTE 13 – Subsequent Events

 

2019 Private Placement – Subsequent Issuances

 

The Company issued 2019 Units for aggregate gross proceeds of $453,000 from April 5, 2019 through May 3, 2019.  See Note 12 – Stockholders Equity (Deficit) for more information on the 2019 Units.

 

Unsecured Loans

 

In April 2019 and May 2019, the Company paid $79,000 and $75,000, respectively, to the holder of its remaining promissory notes. In May 2019, the Company entered into a letter agreement acknowledging that all of the unsecured loans from such holder were repaid in full, except for $75,000 that remains outstanding under the December 2018 promissory note. The Letter Agreement also modified the maturity date of the December promissory note to June 30, 2019. See "Note 7 – Short-Term Promissory Notes and Unsecured Loan –Unsecured Loans" for a description of the unsecured loans.