CONVERTIBLE NOTES PAYABLE (Tables)	3 Months Ended
CONVERTIBLE NOTES PAYABLE (Tables)	Dec. 31, 2013
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES PAYABLE (Table)	December 31, 2013 -------- 8% convertible note to Asher Enterprises, Inc., due January 22, 2014 $ 16,130 8% convertible note to Asher Enterprises, Inc., due March 17, 2014 32,500 8% convertible note to Asher Enterprises, Inc., due June 3, 2014 27,500 -------- Total Convertible notes payable 76,130 Debt discount (46,666) -------- Total Convertible notes payable, net of discount $ 29,464 ========
LIABILITY FOR EACH CONVERTIBLE NOTE (Table)	Notes Dated --------------------------------------------------------- September 13, October 24, January 14, January 24, 2012 2012 2013 2013 ---------- ---------- ---------- ---------- Estimated fair value $ .01572 $ .0087 $ .00128 $ .00077 Expected life (years) .27 .27 .27 .27 Risk free interest rate .01% .05% .04% .01% Volatility 268.46% 357.71% 371.72% 342.25%
LIABILITY NOTE EACH QUARTER JANUARY2013 (Table)	Note Dated ---------- January 24, 2013 -------- Estimated fair value $ .00054 Expected life (years) .13 Risk free interest rate .03% Volatility 315%
LIABILITY NOTE EACH QUARTER APRIL17 AND JUNE13-2013 (Table)	Notes Dated ---------------------- April 17, June 13, 2013 2013 -------- -------- Estimated fair value $ .0005 $ .00014 Expected life (years) .27 .27 Risk free interest rate .01% .07% Volatility 344% 327%
LIABILITY NOTE EACH QUARTER APRIL17-2013 (Table)	Note Dated ---------- April 17, 2013 -------- Estimated fair value $ .00018 Expected life (years) .06 Risk free interest rate .01% Volatility 572%

Liberty Coal Energy Corp. 10-Q