Annual report pursuant to Section 13 and 15(d)

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details)

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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($)
Sep. 30, 2015
Sep. 30, 2014
Accounts Payable [Line Items]    
Accrued note interest payable $ 2,030,745 $ 1,368,134
Accrued dividends payable 431,243 625,417
Accrued work-in-process 0 227,369
Accrued compensation expense [1] 1,731,385 131,596
Other accrued expense [2] 458,173 21,087
Total 4,651,546 2,373,603
Less: current portion (2,965,290) (1,219,849)
Accrued expenses, non-current $ 1,686,256 $ 1,153,754
[1] Accrued compensation expense includes $1,512,415 of unpaid payroll taxes related to the second, third and fourth quarters of fiscal 2015.
[2] Other accrued expense at September 30, 2015 includes approximately $300,000 of estimated penalties and interest associated with the unpaid payroll taxes.