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DERIVATIVE LIABILITY AND FAIR VALUE MEASUREMENTS (Details Narrative) (USD $)
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3 Months Ended | 9 Months Ended | 57 Months Ended | 0 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jul. 17, 2012
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Jun. 28, 2012
Common Stock
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Dec. 16, 2011
Common Stock
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Dec. 30, 2010
Common Stock
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Jun. 30, 2012
Class H Warrants
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Jan. 15, 2010
Class H Warrants
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Jun. 30, 2012
Class I Warrants
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Dec. 30, 2010
Class I Warrants
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Jun. 30, 2012
Class J Warrants
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Dec. 16, 2011
Class J Warrants
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Dec. 16, 2011
Class J Warrants
Ratchet Provision
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| Warrants date issued | Jan. 15, 2010 | Dec. 30, 2010 | Dec. 16, 2011 | |||||||||||||
| Warrants, issued | 5,583,336 | 2,520,000 | 916,678 | |||||||||||||
| Exercise price, warrant | 0.97 | 0.55 | 0.55 | 0.65 | ||||||||||||
| Exercised price, warrant | 0.18 | |||||||||||||||
| Issuance of common stock to group institutional and accredited investors, shares | 5,299,002 | 1,833,342 | 4,200,000 | |||||||||||||
| Exercise price, reset provision price of issuance | 0.18 | 0.25 | ||||||||||||||
| Fair value recognized as derivative liability | $ 2,868,242 | $ 528,847 | $ 314,453 | $ 141,470 | ||||||||||||
| Forfeited value on the date of exercise | 2,867,856 | |||||||||||||||
| Stock and warrants issued | 958,530 | |||||||||||||||
| Reset provisions expiration | On January 15, 2012, the reset provisions included in the Class H warrants expired. As a result, the warrants are deemed to be indexed solely to the Company's own stock as of that date and therefore are eligible to be included within permanent equity. | |||||||||||||||
| Description of reclassification for reset provision | On January 15, 2012, the Company assessed the fair market value of the derivative prior to expiration and recorded a corresponding gain of $51,769 based on the decrease in fair market value since December 31, 2011. The Company then reclassified the $3,454,094 fair market value of the derivative liability for the reset provision on the date of expiration to shareholders’ equity in accordance with ASC 815-15-35. | |||||||||||||||
| Gain/(Loss) on derivative liability | 174,867 | (2,835,983) | 496,899 | (2,945,196) | (1,999,554) | 51,769 | ||||||||||
| Reclassification amount | 3,454,094 | |||||||||||||||
| Adjustment to additional paid in capital - warrants issued | 521,153 | |||||||||||||||
| Ratchet Provision Benchmark Price | 0.60 | |||||||||||||||
| Ratchet Provision Floor Price Range | $ 0.50 | |||||||||||||||
| Ratchet Provision Terms | This provision will last for one year or will end sooner in the event (i) the Company receives $1,000,000 or more in proceeds for the sale of Common Stock at a price equal or greater to the Benchmark Price and (ii) the Company's trading price exceeds $1.10 for ten consecutive trading days. | |||||||||||||||
| Reset provision, trading price | 1.10 | |||||||||||||||
| Reset provision, proceeds from sale of common stock | $ 1,000,000 | |||||||||||||||