Quarterly report pursuant to Section 13 or 15(d)

Share Capital (Tables)

v3.6.0.2
Share Capital (Tables)
3 Months Ended
Dec. 31, 2016
Stock Option [Member]  
Black-Scholes Option Pricing Model with weighted average assumptions

Fair value of the option is calculated using Black-Scholes Option Pricing Model with the following weighted average assumptions.

 

Black-Scholes Option Pricing Model – Stock Option

 

Current Stock Price   $ 0.10  
Exercise Price   $ 0.10  
Risk-Free Interest Rate   0.60 %
Expected Life of Option     1  
Volatility     289.2 %
Dividend Yield     0 %
    $ 0.09  
Schedule of Stock Options Roll Forward
Schedule of Stock Options Roll Forward   Shares Under Option     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding as of September 30, 2015     -     $ -       -     $ -  
Granted     1,000,000       0.1     1 year       -  
Expired / Cancelled     -       -       -       -  
Outstanding as of September 30, 2016     1,000,000     $ 0.1     0.92 years     $ -  
Granted     -       -       -       -  
Expired / Cancelled     -       -       -       -  
Outstanding as of December 31, 2016     1,000,000       0.1     0.67 years       -  
Exercisable at December 31, 2016     1,000,000     $ 0.1     0.67 years     $ -  
Stock Warrant [Member]  
Black-Scholes Option Pricing Model with weighted average assumptions

Fair value of the stock warrant is calculated using Black-Scholes Option Pricing Model with the following weighted average assumptions.

 

Black-Scholes Option Pricing Model – Stock Warrant  
       
Current Stock Price   $ 0.35  
Exercise Price   $ 0.001  
Risk-Free Interest Rate     0.60 %
Expected Life of Option     1  
Volatility     260.0 %
Dividend Yield     0 %
Call Option Value   $ 0.35  

 

Schedule of Stock Options Roll Forward
Schedule of Stock Warrant Roll Forward   Shares Under Stock Warrant     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding as of September 30, 2016     -     $ -       -     $ -  
Granted     7,693,650       0.001     1 year       -  
Expired / Cancelled     -       -       -          
Outstanding as of December 31, 2016     7,693,650       0.001     0.75 years       -  
Execrisable at December 31, 2016     7,693,650     $ 0.001     0.75 years     $ -