SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) |
9 Months Ended |
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Jun. 30, 2015
USD ($)
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Level 3 Reconciliation: | |
Level 3 assets and liabilities, beginning | $ 4,877,359 |
Mark to market adjustments | (3,123,766) |
Level 3 assets and liabilities, ending | $ 1,753,593 |
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- Definition Amount of mark to mark adjustments (net) which have taken place in relation to liabilities measured at fair value on a recurring basis using unobservable inputs (level 3). No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Fair value of financial instrument classified as derivative asset (liability) after deduction of derivative liability (asset), measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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