COMMON STOCK OPTIONS (Details Narrative) (USD $)
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9 Months Ended | 57 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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Sep. 30, 2011
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Sep. 30, 2010
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Sep. 30, 2009
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Jun. 30, 2012
Employee Stock Option
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Jun. 30, 2012
Board of Directors and Executives
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Mar. 09, 2012
Stock Options
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Apr. 12, 2010
Stock Options
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Apr. 09, 2009
Stock Options
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Stock price at valuation, minimum | $ 0.40 | ||||||||||
Stock price at valuation, maximum | $ 0.65 | ||||||||||
Expected Term | 5 years | ||||||||||
Exercise Price, minimum | $ 0.50 | ||||||||||
Exercise Price, maximum | $ 0.57 | ||||||||||
Risk-free interest rate, minimum | 0.83% | ||||||||||
Risk-free interest rate, maximum | 2.60% | ||||||||||
Dividend Yield | 0.00% | ||||||||||
Volatility rate, minimum | 192.00% | ||||||||||
Volatility rate, maximum | 277.00% | ||||||||||
Number Outstanding | 3,246,965 | 3,246,965 | 1,546,965 | 1,546,965 | 579,141 | 1,700,000 | 1,000,000 | 579,141 | |||
Fair Value of Options (per share) | $ 0.63 | $ 0.40 | |||||||||
Vested Upon Issuance | 425,000 | 520,000 | |||||||||
Future Vesting | 1,275,000 | 480,000 | |||||||||
Future Vesting - Terms | 25% tranches on each anniversary | 5 years | |||||||||
Compensation Expense - employees | $ 35,925 | $ 35,925 | $ 303,366 | $ 317,847 | |||||||
Options vested in period | 90,000 | 425,000 | |||||||||
Vested options | 760,000 |
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- Definition
Terms for the vesting of share based award options expected to vest. No definition available.
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X | ||||||||||
- Definition
Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. The upper level of the range used in the Black-Scholes pricing model. No definition available.
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- Definition
Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. The lower range of the exercise price used in the Black-Scholes pricing model. No definition available.
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- Definition
The upper level of the range of stock price at valuation of stock options. No definition available.
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X | ||||||||||
- Definition
The lower level of the range of stock price at valuation of stock options. No definition available.
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X | ||||||||||
- Definition
The number of stock option awards expected to vest over the life of the option. No definition available.
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X | ||||||||||
- Definition
The number of stock option awards that vested upon issuance of the award. No definition available.
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X | ||||||||||
- Definition
The number of share based compensation option awards that have vested in the period. No definition available.
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- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. No definition available.
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- Definition
The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. No definition available.
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X | ||||||||||
- Definition
The maximum risk-free interest rate assumption that is used in valuing an option on its own shares. No definition available.
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X | ||||||||||
- Definition
The minimum risk-free interest rate assumption that is used in valuing an option on its own shares. No definition available.
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- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of exercisable share options (fully vested and expected to vest) that may be converted as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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