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SUBSEQUENT EVENTS
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3 Months Ended |
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Dec. 31, 2013
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| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
NOTE 7 – SUBSEQUENT EVENTS
On
January 2, 2014, the Company issued warrants to purchase 20,550 common shares to a consultant for services rendered to
the Company. The warrants vested immediately, have an exercise price of $7.88 per common share and a term of
5 years.
On
January 7, 2014, the Company issued warrants to purchase 100,000 common shares to a consultant for services to be
rendered to the Company. 25,000 warrants vested immediately, with the remainder vesting over the next
three quarterly periods. The warrants have an exercise price of $7.94 per common share and a term of
3 years.
On
February 3, 2014, the Company issued options to purchase 500,000 common shares to the officers of the
Company. 125,000 options vested immediately, with the remainder vesting equally over the next three anniversary
dates of the options. The options have an exercise price of $10.11 per common share and a term of 3
years.
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