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16. DISCONTINUED OPERATIONS (Tables)
 12 Months Ended
Sep. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued operations

The following table shows the summary operating results of the discontinued operations for the years ended:

 

    September 30,     September 30,  
    2020     2019  
             
Gross Sales   $ -     $ 888,254  
Allowances     -       (12,129 )
Total Net Sales     -       876,126  
Costs of sales     -       604,714  
      Gross profit     -       271,412  
Operating expenses     3,200       539,581  
      Income (loss) from operations     (3,200 )     (268,169 )
                 
Other income     -       20,000  
Realized and Unrealized gain (loss) on marketable securities     -       (2,337,280 )
Impairment on discontinued operations     (45,783 )      (3,398,450 )
Loss on disposal of property     -       (39,015 )
Interest income (expense)     -       29,141  
      Income (loss) before provision for income taxes     (48,983 )     (5,993,773 )
Provision for income taxes     -       66,000  
      Net Income (loss)     (48,983 )     (5,927,773 )
Net Income (loss) attributable to non-controlling interest   $ -     $ (929,323 )

 

The following table shows the summary assets and liabilities of the discontinued operations as of September 30, 2020 and 2019.

 

    2020     2019  
Assets            
             
Current assets:            
  Cash and cash equivalents   $ -     $ -  
  Accounts receivable     447,134       1,080,000  
Total current assets included as part of discontinued operations     447,134       1,080,000  
                 
Other assets:                
Total other assets included as part of discontinued operations     -       -  
                 
Total assets included as part of discontinued operations   $ 447,134     $ 1,080,000  

 

Liabilities            
             
Current liabilities:            
  Accounts payable   $ -     $ -  
Total current liabilities included as part of discontinued operations     -       -  
                 
Long term liabilities                
Total long term liabilities included as part of discontinued operations     -       -  
                 
Total liabilities included as part of discontinued operations   $ -     $ -  

 

The following table shows the significant cash flow items from discontinued operations for the years ended September 30,:

 

    2020     2019  
Depreciation/ amortization   $ -     $ 22,199  
Realized/unrealized (gain) loss on securities expenditures   $ -     $ 2,337,280  
Impairment on discontinued operations assets   $ 45,783     $ 762,629  
Impairment on intangibles   $ -     $ 2,635,821  
Non cash consideration received for services   $ -     $ (470,000 )