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EXCEL - IDEA: XBRL DOCUMENT - Arch Therapeutics, Inc.Financial_Report.xls
10-K - Arch Therapeutics, Inc.g6510.txt
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v2.4.0.6
Note 7 - Related Party Transactions
12 Months Ended
Sep. 30, 2012
Notes  
Note 7 - Related Party Transactions

Note 7 - Related Party Transactions

 

The Company neither owns nor leases any real or personal property.  Mr. Joey Power, sole officer and director of the Company, will provide the Company with use of office space and services free of charge. The Company's sole officer and  director is involved in other  business  activities  and may in the future, become involved in other business opportunities as they become available.

 

As of September 30, 2012 there was $61 owed to Mr. Powers. The loan is non-interest bearing, unsecured and due upon demand.