Quarterly report pursuant to Section 13 or 15(d)

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

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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