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COMMON STOCK OPTIONS (Details Narrative) (USD $)
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0 Months Ended | 12 Months Ended | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Sep. 30, 2013
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May 17, 2013
Stock Options
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Apr. 30, 2013
Stock Options
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Mar. 09, 2012
Stock Options
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Apr. 12, 2010
Stock Options
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Sep. 30, 2013
Stock Options
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Sep. 30, 2013
Stock Options
April 12, 2010
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Sep. 30, 2012
Stock Options
April 12, 2010
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Sep. 30, 2013
Stock Options
March 9, 2012
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Sep. 30, 2012
Stock Options
March 9, 2012
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Sep. 30, 2013
Stock Options
April 30, 2013
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Sep. 30, 2013
Stock Options
May 17, 2013
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Sep. 30, 2013
Stock Options
Lower Range
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Sep. 30, 2013
Stock Options
Upper Range
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| Fair Value assumptions: | ||||||||||||||
| Stock price at valuation | $ 1.20 | $ 4.71 | ||||||||||||
| Expected term | 5 years | |||||||||||||
| Exercise Price | $ 1.50 | $ 4.74 | ||||||||||||
| Risk free interest rate | 0.68% | 2.60% | ||||||||||||
| Dividend yield | 0.00% | |||||||||||||
| Volatility rate | 191.00% | 277.00% | ||||||||||||
| Stock options, grants | 116,667 | 116,667 | 566,667 | 333,334 | ||||||||||
| Stock options, fair value per option | $ 4.50 | $ 4.59 | $ 1.89 | $ 1.20 | ||||||||||
| Stock options, vested | 29,167 | 29,167 | 141,667 | 173,334 | ||||||||||
| Stock options, compensation expense | $ 47,900 | $ 47,900 | $ 328,354 | $ 358,367 | $ 189,852 | $ 180,156 | ||||||||
| Stock options, vesting in the future | 87,500 | 87,500 | 425,000 | 160,000 | 40,000 | 40,000 | 283,333 | 141,667 | 29,167 | 29,167 | ||||
| Compensation Expense - employees | 746,262 | |||||||||||||
| Unamortized option expense | 1,112,000 | |||||||||||||
| Intrinsic value of awards | $ 6,620,000 | |||||||||||||