Annual report pursuant to Section 13 and 15(d)

COMMON STOCK OPTIONS (Tables)

v2.4.1.9
COMMON STOCK OPTIONS (Tables)
12 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of options issued and outstanding

Below is a table summarizing the options issued and outstanding as of September 30, 2014:

 

    Number
Outstanding
    Weighted-Average
Exercise Price
 
Outstanding at September 30, 2011     515,656     $ 1.66  
Granted     566,667       1.71  
Exercised     —       —  
Forfeited     —       —  
Outstanding at September 30, 2012     1,082,323     $ 1.69  
Granted     233,334       4.71  
Exercised     (182,322 )     1.69  
Forfeited     —       —  
Outstanding at September 30, 2013     1,133,335     $ 2.31  
Granted     915,000       9.29  
Exercised     —     —  
Forfeited     —     —  
Outstanding at September 30, 2014     2,048,355   $ 5.43