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COMMON STOCK OPTIONS (Details Narrative) (USD $)
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0 Months Ended | 6 Months Ended | 78 Months Ended | 0 Months Ended | 6 Months Ended | ||||
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Dec. 30, 2013
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Oct. 02, 2013
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Mar. 31, 2014
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Mar. 31, 2013
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Mar. 31, 2014
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Feb. 03, 2014
Stock Options [Member]
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Mar. 31, 2014
Stock Options [Member]
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Mar. 31, 2014
Stock Options [Member]
Lower Range [Member[
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Mar. 31, 2014
Stock Options [Member]
Upper Range [Member]
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| Fair Value assumptions: | |||||||||
| Stock price | $ 7.94 | $ 7.96 | $ 1.20 | $ 4.71 | |||||
| Expected term | 2 years | 2 years | 2 years 3 months | 5 years | |||||
| Exercise Price | $ 1.50 | $ 10.11 | |||||||
| Risk free interest rate | 0.30% | 2.60% | |||||||
| Dividend yield | 0.00% | ||||||||
| Volatility rate | 56.00% | 277.00% | |||||||
| Options granted | 500,000 | ||||||||
| Options granted, exercise price | $ 10.11 | ||||||||
| Fair value of options granted | $ 1,954,384 | ||||||||
| Vesting terms | 125,000 vested upon issuance and the remaining 375,000 vest inb 25 percent tranches on each anniversary of grant | ||||||||
| Stock based compensation expense | 853,177 | 104,109 | 2,685,007 | 563,490 | |||||
| Unamortized option expense | 2,213,000 | 2,213,000 | |||||||
| Intrinsic value of awards | $ 14,600,000 | $ 14,600,000 | |||||||
| X | ||||||||||
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- Definition
Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Agreed upon price for the exchange of the underlying asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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| X | ||||||||||
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- Definition
Period the instrument, asset or liability is expected to be outstanding, 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 | ||||||||||
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- Definition
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
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| X | ||||||||||
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- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value, after forfeitures, of stock or other type of equity granted of any equity-based compensation plan other than an employee stock ownership plan (ESOP). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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