Quarterly report pursuant to Section 13 or 15(d)

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

9 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

3.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

As of June 30, 2015 and September 30, 2014, Accrued Expenses and Other Current Liabilities were comprised of the following:

		June 30,			September 30,
		2015			2014
Accrued interest payable		$	1,800,531		$	1,368,134
Accrued dividends payable			685,087			625,417
Accrued wages			31,189			131,596
Accrued payroll taxes			903,834			-
Accrued work-in-process			-			227,369
Other accrued expense			41,705			21,087
Total		$	3,462,346		$	2,373,603