Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v2.4.0.6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
Schedule of Fair Value of Financial Instruments

               
Total
Assets and liabilities measured at fair
             
Carrying
value on a recurring basis at September 30, 2012
 
Level 1
 
Level 2
 
Level 3
 
Value
Stock warrant derivative liabilities
 
$
   
$
   
$
(768,696
)
 
$
(768,696
)
   
$
   
$
   
$
(768,696
)
 
$
(768,696
)

               
Total
Assets and liabilities measured at fair
             
Carrying
value on a recurring  basis at September 30, 2011:
 
Level 1
 
Level 2
 
Level 3
 
Value
Stock warrant derivative liabilities
 
$
   
$
   
$
(5,893,544
)
 
$
(5,893,544
)
   
$
   
$
   
$
(5,893,544
)
 
$
(5,893,544
)
Schedule of Fair Value of Financial Instruments - Level 3 Reconciliation

   
Stock Warrant
 
Level 3 Reconciliation:
 
Derivative
 
Level 3 assets and liabilities at September 30, 2011
  $ (5,893,544 )
Purchases, sales, issuances and settlements (net)
    3,312,624  
Mark to market adjustments
    1,812,224  
Total level 3 assets and liabilities at September 30, 2012
  $ (768,696 )