Quarterly report pursuant to Section 13 or 15(d)

5. Debt (Tables)

v2.4.1.9
5. Debt (Tables)
3 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Notes payable of Modern Everyday, Inc.
    December 31,     September 30,  
    2014     2014  
Note payable to individual, payable on demand, interest at 10.0% per annum, unsecured   $ 91,361     $ 90,168  
Convertible note payable to individual, due February 27, 2015, interest at 6.0% per annum, unsecured           335,245  
Convertible note payable to ICG, due January 23, 2015, interest at 8.0% per annum, unsecured           527,889  
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     585,891       581,707  
Credit line due 1/1/2024, with interest rate of 2.75% - Current Portion     234,229       240,204  
Less Debt Discount           (215,884 )
Total Debt     911,481       1,559,329  
Current portion     277,252       920,360  
Long-term portion   $ 634,229     $ 638,969