Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v3.10.0.1
INTANGIBLE ASSETS (Tables)
 12 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

Intangible assets at September 30, 2018 and 2017 consist of:

 

    2018     2017  
License Rights   $ 17,712,991     $ 17,712,991  
Patent Costs     100,000       200,000  
      17,812,991       17,912,991  
Accumulated Amortization and Impairment     (10,201,073 )     (3,825,389 )
Total Intangible Assets   $ 7,611,918     $ 14,087,602  
Schedule of estimated future amortization of intangibles

The estimated future amortization of intangibles for the next five years is as follows:

 

Years ending September 30,     Amortization Expense  
2019       654,728  
2020       656,521  
2021       653,855  
2022       652,874  
2023       652,358  
Thereafter       4,341,583  
Total     $ 7,611,918