8% CONVERTIBLE NOTES (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Derivative Liabilities at Fair Value |
As a result of the conversion of notes, we recorded a gain on conversion of debt of $142,964 for the year ended September 30, 2016, and due to the change in the estimated fair value of the derivative liability we recorded a decrease to fair value of derivative of $192,128 for the year ended September 30, 2016.
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| Schedule of Assumptions Used |
The derivative liability was valued as of September 30, 2015, October 29, 2015 (weighted average conversion date) and December 31, 2015 using Monte Carlo Simulations with the following assumptions:
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