Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.2.0.727
STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Jun. 30, 2015
Class of Stock [Line Items]  
Dividends Preferred Stock [Table Text Block]
Dividend charges recorded during the three months and nine months ended June 30, 2015 and 2014 are as follows:
 
 
For the Three Months Ended
 
For the Nine Months Ended
 
 
June 30,
 
June 30,
 
 
2015
 
2014
 
2015
 
2014
 
Series
 
 
 
 
 
 
 
 
 
 
 
 
A
$
12,510
 
 
12,510
 
 
37,531
 
 
37,531
 
A-1
 
7,379
 
 
7,379
 
 
22,139
 
 
22,139
 
B
 
-
 
 
-
 
 
-
 
 
-
 
C-1
 
-
 
 
-
 
 
-
 
 
-
 
C-2
 
-
 
 
-
 
 
-
 
 
-
 
C-3
 
-
 
 
-
 
 
-
 
 
-
 
Total
$
19,889
 
$
19,889
 
$
59,670
 
$
59,670
 
Schedule of Accrued Liabilities [Table Text Block]
Accrued dividends payable at June 30, 2015 and September 30, 2014 are comprised of the following:
 
 
June 30,
 
September 30,
 
 
 
2015
 
2014
 
 
Series
 
 
 
 
 
 
 
A
$
234,628
 
$
197,098
 
 
A-1
 
176,723
 
 
154,583
 
 
B
 
187,197
 
 
187,197
[1]
 
C-1
 
56,743
 
 
56,743
 
 
C-2
 
13,962
 
 
13,962
 
 
C-3
 
15,834
 
 
15,834
 
 
Total
$
685,087
 
$
625,417
 
 
 
[1] – Prior to conversion to Series D.
Schedule Of Share Based Compensation warrants Authorized By Exercise Price Range [Table Text Block]
The following table presents information related to stock warrants at June 30, 2015:
 
Warrants Outstanding
 
Warrants Exercisable
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Outstanding
 
Average
 
Exercisable
 
Exercise
 
Number of
 
Remaining
 
Number of
 
Price
 
Warrants
 
Life in Years
 
Warrants
 
 
 
 
 
 
 
 
 
 
 
 
 
$
0.40
 
 
449,999
 
 
0.5
 
 
449,999
 
$
0.75
 
 
175,000
 
 
0.7
 
 
175,000
 
$
1.00
 
 
120,000
 
 
0.6
 
 
120,000
 
 
 
 
 
744,999
 
 
0.6
 
 
744,999
 
Warrant [Member]  
Class of Stock [Line Items]  
Schedule of Share-based Compensation, Activity [Table Text Block]
A summary of the warrant activity during the nine months ended June 30, 2015 is presented below:
 
 
 
 
 
 
Weighted
 
Weighted
 
 
 
 
 
 
 
 
 
Average
 
Average
 
 
 
 
 
 
Number of
 
Exercise
 
Remaining
 
Intrinsic
 
 
 
Warrants
 
Price
 
Life in Years
 
Value
 
Outstanding, September 30, 2014
 
 
2,918,254
 
$
0.89
 
 
 
 
 
 
 
Issued
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Expired
 
 
(2,173,255)
 
 
1.00
 
 
 
 
 
 
 
Outstanding, June 30, 2015
 
 
744,999
 
$
0.58
 
 
0.60
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, June 30, 2015
 
 
744,999
 
$
0.58
 
 
0.6
 
 
-