Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN (Tables)

v3.8.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN (Tables)
 12 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of depreciable lives of property and equipment

The Company generally uses the following depreciable lives for its major classifications of property and equipment:

  

Description Useful Lives
Equipment 3 to 5 years
Lab Equipment 5 years
Leasehold Improvements 7 years
Office Furniture and Fixtures 3 years

 
Summary of the changes in fair value, including net transfers in and/or out, of the financial instruments, measured at fair value

The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the financial instruments, measured at fair value on a recurring basis using significant unobservable inputs:

 

Level 3 Reconciliation:   Contingent
Stock
Consideration 		 
Total Level 3 assets and liabilities at September 30, 2015   $ 2,239,603  
Purchases, sales, issuances and settlements (net)     (3,425,270 )
Mark to market adjustments     1,185,667  
Total Level 3 assets and liabilities at September 30, 2016   $ —