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COMMON STOCK OPTIONS (Details Narrative) (USD $)
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3 Months Ended | 75 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
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Oct. 02, 2013
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| Fair Value assumptions: | ||||
| Stock price | $ 7.96 | |||
| Stock based compensation expense | $ 146,303 | $ 52,495 | $ 1,978,133 | |
| Unamortized option expense | 966,000 | 966,000 | ||
| Intrinsic value of awards | $ 6,300,000 | $ 6,300,000 | ||
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Stock Options
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| Fair Value assumptions: | ||||
| Expected term | 5 years | |||
| Dividend yield | 0.00% | |||
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Stock Options | Lower Range
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| Fair Value assumptions: | ||||
| Stock price | $ 1.20 | $ 1.20 | ||
| Exercise Price | $ 1.50 | $ 1.50 | ||
| Risk free interest rate | 0.68% | |||
| Volatility rate | 191.00% | |||
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Stock Options | Upper Range
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| Fair Value assumptions: | ||||
| Stock price | $ 4.71 | $ 4.71 | ||
| Exercise Price | $ 4.74 | $ 4.74 | ||
| Risk free interest rate | 2.60% | |||
| Volatility rate | 277.00% | |||
| X | ||||||||||
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- Definition
Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Agreed upon price for the exchange of the underlying asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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