Transition report pursuant to Rule 13a-10 or 15d-10

RESTRICTED CASH ACCOUNT

v3.3.1.900
RESTRICTED CASH ACCOUNT
3 Months Ended
Dec. 31, 2015
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents Disclosure [Text Block]
3.
RESTRICTED CASH ACCOUNT
  
The restricted cash account was created to deposit the unused proceeds from the Company’s new senior debt (Note 5. Senior Debt). The funds are kept at a bank in an account segregated from our main operating account. The Company does not have direct access to or control over the funds held in this account. The funds are disbursed to the Company upon the written request of the lender. These balances were $3,003,226 as of December 31, 2015 and $0 as of September 30, 2015, respectively.