On August 31, 2016, the noteholder agreed to a one year extension of the note until August 31, 2017 and granted a waiver of all accrued and future interest. On August 31, 2016, the Company issued a convertible promissory note to its then CEO and President in exchange for $7,700 in payments made on behalf of the Company. The note bears interest at 1% and is due and payable on August 31, 2017 or is convertible into common stock shares at a conversion price equal to the lessor of $0.0001 or 50% of the closing bid price at the conversion date, but no less than $0.00001. Accrued interest due on the notes totaled $26 and $6 as of December 31, 2016 and September 30, 2016, respectively. Effective August 31, 2016 the Company successfully renegotiated all of its outstanding convertible promissory notes to extend the due date for one year, with all expiring August 31, 2017. In some cases, the Company was also granted a waiver of all interest accrued to date and future interest accrual.