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EXCEL - IDEA: XBRL DOCUMENT - 4NET SOFTWARE INCFinancial_Report.xls
10-K - FORM 10-K - 4NET SOFTWARE INCv330252_10k.htm
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EX-32 - EXHIBIT 32 - 4NET SOFTWARE INCv330252_ex32.htm
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EX-10.24 - EXHIBIT 10.24 - 4NET SOFTWARE INCv330252_ex10-24.htm
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v2.4.0.6
BASIS OF PRESENTATION
12 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
Business Description and Basis of Presentation [Text Block]
NOTE 2 - BASIS OF PRESENTATION

 

The accompanying financial statements have been prepared on the basis of accounting principles applicable to a going concern which contemplates the realization of assets and extinguishment of liabilities in the normal course of business. As shown in the accompanying financial statements, the Company has accumulated a deficit of approximately $3.3 million through September 30, 2012. As of September 30, 2012 the Company has no principal operations or significant revenue producing activities, which raises substantial doubt about its ability to continue as a going concern. The Company's financial statements do not include any adjustments related to the carrying value of assets or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company's ability to establish itself as a going concern is dependent on its ability to merge with another entity. The outcome of this matter cannot be determined at this time.