7. Debt (Details - Debt from MEI) (USD $)
|
12 Months Ended | |
---|---|---|
Sep. 30, 2014
|
Sep. 30, 2013
|
|
Convertible note payable to individual, due February 27, 2015, interest at 6.0% per annum, unsecured | $ 323,595us-gaap_ConvertibleNotesPayable | |
Current portion | 920,360us-gaap_DebtCurrent | 0us-gaap_DebtCurrent |
Long-term portion | 638,969us-gaap_LongTermDebt | 0us-gaap_LongTermDebt |
Payments on notes payable | 582,348us-gaap_RepaymentsOfNotesPayable | 0us-gaap_RepaymentsOfNotesPayable |
Modern Everyday, Inc. [Member] | ||
Note payable to individual, payable on demand, interest at 10.0% per annum, unsecured |
90,168us-gaap_UnsecuredDebt / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Convertible note payable to individual, due February 27, 2015, interest at 6.0% per annum, unsecured |
335,245us-gaap_ConvertibleNotesPayable / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Convertible note payable to ICG, due January 23, 2015, interest at 8.0% per annum, unsecured |
527,889us-gaap_OtherLongTermNotesPayable / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Acquisition note payable (See Note 17), $200,000 due February 28, 2015 and $400,000 due February 28, 2016, non-interest bearing with interest imputed at 2.87% per annum |
581,707us-gaap_OtherBorrowings / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Credit line due September 28, 2019, with interest rate at prime plus 2% |
240,204us-gaap_LinesOfCreditCurrent / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Less Debt Discount |
(215,884)us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Total Debt |
1,559,329us-gaap_DebtLongtermAndShorttermCombinedAmount / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Current portion |
920,360us-gaap_DebtCurrent / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
|
Long-term portion |
$ 638,969us-gaap_LongTermDebt / us-gaap_BusinessAcquisitionAxis = LIVE_ModernEverydayMember |
X | ||||||||||
- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of short-term debt and current maturity of long-term debt and capital lease obligations due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of debt discount (net of debt premium) that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Represents the aggregate of total long-term debt, including current maturities and short-term debt. No definition available.
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying amount as of the balance sheet date for the aggregate of other miscellaneous borrowings owed by the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying value of the noncurrent portion of notes payable which were initially due after one year or beyond the normal operating cycle, if longer, and which are not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of uncollateralized debt obligations (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|