PATENT COSTS (Details Narrative) (USD $)
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12 Months Ended | 72 Months Ended | |
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2013
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Patent Costs Details Narrative | |||
Acquisition of Patent Costs | $ 800,000 | ||
Cash issued for patent acquisition | 300,000 | ||
Convertible debt issued for patent acquisition | 500,000 | 500,000 | |
Amortization expense | $ 77,789 | $ 78,273 | $ 254,135 |
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- Definition
Debt issued in the acquisition of patents. No definition available.
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- Details
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, resulting from a business combination. No definition available.
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- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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