COMMON STOCK WARRANTS (Details Narrative) (USD $)
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9 Months Ended | 0 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 25, 2014
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May 30, 2014
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Apr. 08, 2014
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Mar. 26, 2014
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Oct. 31, 2013
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Oct. 02, 2013
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Jan. 07, 2014
Warrants [Member]
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Jan. 02, 2014
Warrants [Member]
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Dec. 30, 2013
Warrants [Member]
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Oct. 02, 2013
Warrants [Member]
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Jun. 30, 2014
Warrants [Member]
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Jun. 25, 2014
Warrants [Member]
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Apr. 16, 2014
Warrants [Member]
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Apr. 08, 2014
Warrants [Member]
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Mar. 31, 2014
Warrants [Member]
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Mar. 26, 2014
Warrants [Member]
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Feb. 25, 2014
Warrants [Member]
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Oct. 31, 2013
Warrants [Member]
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Sep. 30, 2013
Warrants [Member]
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Jun. 30, 2014
Warrants [Member]
Lower Range [Member[
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Jun. 30, 2014
Warrants [Member]
Upper Range [Member]
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Fair Value assumptions: | |||||||||||||||||||||||
Stock price | $ 8.52 | $ 10.00 | $ 7.96 | $ 7.85 | $ 7.96 | ||||||||||||||||||
Expected term | 2 years | 5 years | |||||||||||||||||||||
Exercise Price | $ 7.88 | $ 7.96 | |||||||||||||||||||||
Risk free interest rate | 0.38% | 1.72% | |||||||||||||||||||||
Dividend yield | 0.00% | ||||||||||||||||||||||
Volatility rate | 98.00% | 163.00% | |||||||||||||||||||||
Warrants outstanding | 100,000 | 20,550 | 26,667 | 100,000 | 5,860,934 | ||||||||||||||||||
Warrants issued for services | $ 214,500 | $ 390,852 | $ 150,665 | $ 65,748 | $ 481,724 | ||||||||||||||||||
Warrant exercise price | $ 1.20 | $ 1.50 | $ 3.60 | $ 7.94 | $ 7.88 | $ 7.94 | $ 7.96 | $ 1.20 | $ 1.60 | $ 3.60 | $ 2.51 | $ 1.50 | $ 10.00 | $ 3.60 | $ 2.77 | ||||||||
Warrant term | 3 years | 5 years | 2 years | 3 years | |||||||||||||||||||
Consulting Expense, as recorded in professional fees | 1,078,669 | ||||||||||||||||||||||
Vesting terms | 25,000 warrants vested immediately, with the remainder vesting over the next three quarterly periods | Vest immediately | Vest immediately | Vest immediately | |||||||||||||||||||
Warrants vested | 25,000 | 20,550 | 26,667 | 100,000 | |||||||||||||||||||
Award vesting period | 9 months | ||||||||||||||||||||||
Intrinsic value of warrants | $ 23,900,000 |