Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Numerator:        
Net income $ (1,501,024) $ (13,026) $ (2,010,666) $ 1,893,024
Preferred stock dividends 19,889 19,889 59,670 59,670
Net (Loss) Income attributable to common shareholders $ (1,520,913) $ (32,915) $ (2,070,336) $ 1,833,354
Denominator:        
Weighted average number of common shares outstanding - basic 44,193,209 39,987,080 41,373,716 39,987,080
Effect of dilutive securities:        
Convertible debt 0 0 0 200,000
Total dilutive shares 0 0 0 1,260,814
Weighted average number of common shares outstanding - diluted 44,193,209 39,987,080 41,373,716 41,247,894
Earnings per share:        
Basic $ (0.03) $ (0.00) $ (0.05) $ 0.05
Diluted $ (0.03) $ (0.00) $ (0.05) $ 0.04
Series A Convertible Preferred Stock [Member]        
Numerator:        
Net income     $ 0  
Effect of dilutive securities:        
Convertible preferred stock 0 0 0 667,169
Series A1 Convertible Preferred Stock [Member]        
Numerator:        
Net income     $ 0  
Effect of dilutive securities:        
Convertible preferred stock 0 0 0 393,645