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CAPITAL STOCK
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6 Months Ended |
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Mar. 31, 2015
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| Stockholders' Equity Note [Abstract] | |
| CAPITAL STOCK |
NOTE 5 CAPITAL STOCK
On October 17, 2014, the Company issued 2,000 common shares in connection with the exercise of warrants at an exercise price of $1.50 for total proceeds of $3,000.
On October 29, 2014, the Company issued 4,000 common shares with a fair value of $7.19 per share for consulting services and recognized stock-based compensation expense of $28,760.
On December 23, 2014, the Company issued 5,952 common shares as settlement of accounts payable in the amount of $50,000.
On January 6, 2015, the Company received a notice of exercise for 16,667 Warrants with an exercise price of $2.85. Accordingly, the Company issued 16,667 common shares for proceeds of $47,500.
On January 6, 2015, the Company issued 37,038 shares of common stock at a price of $8.19 per share as compensation for services performed in the amount of $303,341.
On January 12, 2015, the Company received a notice of exercise for 10,137 Warrants with an exercise price of $1.65. Accordingly, the Company issued 10,137 common shares for proceeds of $16,727.
On January 12, 2015, the Company received a notice of exercise for 2,818 Warrants with an exercise price of $1.65. Accordingly, the Company issued 2,818 common shares for proceeds of $4,650.
On January 13, 2015, the Company received a notice of exercise for 4,926 Warrants with an exercise price of $1.65. Accordingly, the Company issued 4,926 common shares for proceeds of $8,128.
On January 15, 2015, 66,667 warrants were exercised at an exercise price per share of $1.65 using cashless exercise. Accordingly, the Company issued 54,659 common shares.
On February 6, 2015, the Company issued 10,714 restricted shares of common stock at a price of $7.00 per share as compensation for services performed in the amount of $74,998. These shares will vest at the end of each quarter of 2015. During the six months ended March 31, 2015 $18,750 were expensed as compensation of services performed.
On February 11, 2015, the Company issued 4,259,259 common stock at a price of $6.75 per share. Accordingly, the Company received net proceeds of approximately $26,582,998.
On February 24, 2015, the Company issued 60,000 shares of common stock at a price of $9.78 per share as compensation for services to be performed in the amount of $586,800. These shares vest fifty percent on the first anniversary of the date issued and twenty five percent on each of the next two anniversaries date issued. During the six months ended March 31, 2015 $3,026 were expensed as compensation of services performed.
On March 27, 2015, 164,631 warrants were exercised at an exercise price per share of $1.95 using cashless exercise. Accordingly, the Company issued 131,331 common shares.
On March 27, 2015, 168,520 warrants were exercised at an exercise price per share of $3.60 using cashless exercise. Accordingly, the Company issued 104,901 common shares. |