Subsequent Events |
6 Months Ended |
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Mar. 31, 2019 | |
Notes to Financial Statements | |
14. Subsequent Events |
On May 15, 2019, the Company obtained subscription agreements from members of its senior executive management team and board of directors for the private issuance of $2,000,000 of its 8% Subordinated Promissory Notes Payable due October 3, 2021. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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