NOTE 9 - NOTE PAYABLE TO A RELATED PARTY AND ACCRUED INTEREST	3 Months Ended
Dec. 31, 2011
Related Party Transactions Disclosure [Text Block]	NOTE 9- NOTE PAYABLE TO A RELATED PARTY AND ACCRUED INTEREST The Company has signed a promissory note with a related party. As of September 30, 2011 and December 31, 2011, the company received $18,500 and $4,350 in interest bearing loans, payable upon demand and bearing interest at 8% per year. The interest accrued, but not paid as of September 30,2011, and December 31, 2011 was $1,155 and $1,568 respectively.

NOTE 9 - NOTE PAYABLE TO A RELATED PARTY AND ACCRUED INTEREST

3 Months Ended

Dec. 31, 2011

NOTE 9- NOTE PAYABLE TO A RELATED PARTY AND ACCRUED INTEREST

The Company has signed a promissory note with a related party. As of September 30, 2011 and December 31, 2011, the company received $18,500 and $4,350 in interest bearing loans, payable upon demand and bearing interest at 8% per year. The interest accrued, but not paid as of September 30,2011, and December 31, 2011 was $1,155 and $1,568 respectively.

- Definition

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

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Reference 5: http://www.xbrl.org/2003/role/presentationRef

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

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Reference 9: http://www.xbrl.org/2003/role/presentationRef

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+ Details

Austin Acquisitions, Inc 10-Q