v2.4.0.8

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Sep. 30, 2012
Current assets:
Cash	$ 1,951	$ 226,738
Inventory
Other current assets		17,289
Assets from discontinued operations (Note C)	17,210	89,966
Total current assets	19,161	333,993
Assets from discontinued operations	30,139	62,292
Total assets	49,300	396,285
Current liabilities:
Accounts payable and accrued liabilities	19,323	15,841
Accrued interest (Note D)	40,182	11,430
Convertible notes payable (Note D)	344,809	133,821
Promissory note (Note D)	100,000	197,859
Liabilities from discontinued operations (Note C)	379,332	150,596
Total current liabilities	883,646	509,547
Total liabilities	883,646	509,547
Commitments and contingencies
Stockholders' deficit:
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; none issued and outstanding at September 30, 2013 and 2012
Common stock, $0.0001 par value; 200,000,000 shares authorized; issued and outstanding 19,950,602 and 46,003,671 at September 30, 2013 and 2012, respectively	1,995	4,600
Deferred stock compensation		(56,500)
Additional paid-in capital	1,385,250	1,090,360
Accumulated deficit	(2,221,591)	(1,151,722)
Total stockholders' deficit	(834,346)	(113,262)
Total liabilities and stockholder's deficit	$ 49,300	$ 396,285

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

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Blink Technologies, Inc. 10-K