SUBSEQUENT EVENTS
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9 Months Ended |
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Jun. 30, 2013
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Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 9 SUBSEQUENT EVENTS
On July 1, 2013, the Company received a notice of cashless exercise for 50,000 warrants. Accordingly, the Company issued 40,458 common shares.
On July 24, 2013, the Company issued 9,100 shares of restricted
common shares to a vendor for services rendered and expensed $55,667 as research and development expenses.
On August 12, 2013, the court dismissed each of the plaintiffs claims against the Company in the putative class action brought on behalf of the Genaera Liquidating Trust. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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