STOCKHOLDERS' EQUITY (Tables)
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12 Months Ended |
Sep. 30, 2015 |
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| Class of Stock [Line Items] |
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| Dividends Preferred Stock [Table Text Block] |
Dividend charges recorded during the years ended September 30, 2015 and 2014 are as follows: | | | For The Years Ended | | | | | September 30, | | | | | 2015 | | 2014 | | | Series | | | | | | | | | A | | $ | 50,038 | | $ | 50,038 | | | A-1 | | | 29,523 | | | 29,523 | | | B | | | - | | | - | | | C-1 | | | - | | | - | | | C-2 | | | - | | | - | | | C-3 | | | - | | | - | | | Total | | $ | 79,561 | | $ | 79,561 | |
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| Schedule of Accrued Liabilities [Table Text Block] |
Accrued dividends payable at September 30, 2015 and 2014 are comprised of the following: | | | September 30, | | | | | 2015 | | 2014 | | | Series | | | | | | | | | A | | $ | 247,136 | | $ | 197,098 | | | A-1 | | | 184,107 | | | 154,583 | | | B | | | - | | | 187,197 | [1] | | C-1 | | | - | | | 56,743 | [2] | | C-2 | | | - | | | 13,962 | [2] | | C-3 | | | - | | | 15,834 | [2] | | Total | | $ | 431,243 | | $ | 625,417 | | [1] – Prior to conversion to Series D. [2] – Prior to conversion to common stock.
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| Warrant [Member] |
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| Class of Stock [Line Items] |
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| Schedule of Share-based Compensation, Activity [Table Text Block] |
A summary of the activity related to warrants for the purchase of the Company’s common stock during the years ended September 30, 2015 and 2014 is presented below:
| | | | | | | Weighted | | | | | | | | | Weighted | | Average | | | | | | | | | Average | | Remaining | | Aggregate | | | | | Number of | | Exercise | | Life | | Intrinsic | | | | | Warrants | | Price | | In Years | | Value | | | Outstanding, September 30, 2013 | | | 7,720,374 | | $ | 0.96 | | | | | | | | | Issued | | | - | | | - | | | | | | | | | Exercised | | | - | | | - | | | | | | | | | Expired | | | (4,802,120) | | | 1.00 | | | | | | | | | Outstanding, September 30, 2014 | | | 2,918,254 | | $ | 0.89 | | | | | | | | | Issued | | | - | | | - | | | | | | | | | Exercised | | | - | | | - | | | | | | | | | Expired | | | (2,173,255) | | | 1.00 | | | | | | | | | Outstanding, September 30, 2015 | | | 744,999 | | $ | 0.58 | | | 0.3 | | $ | - | | | | | | | | | | | | | | | | | | Exercisable, September 30, 2015 | | | 744,999 | | $ | 0.58 | | | 0.3 | | $ | - | | |
| Schedule Of Share Based Compensation warrants Authorized By Exercise Price Range [Table Text Block] |
The following table presents information related to common stock warrants at September 30, 2015: | Warrants Outstanding | | Warrants Exercisable | | | | | | | | | Weighted | | | | | | | | | | | | Average | | Exercisable | | | Exercise | | Number of | | Remaining Life | | Number of | | | Price | | Warrants | | In Years | | Warrants | | | | | | | | | | | | | | | | $ | 0.40 | | | 449,999 | | | 0.3 | | | 449,999 | | | | 0.75 | | | 175,000 | | | 0.5 | | | 175,000 | | | | 1.00 | | | 120,000 | | | 0.3 | | | 120,000 | | | | | | | 744,999 | | | | | | 744,999 | |
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