Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2017
Sep. 30, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 9,521,236 $ 12,546,890
Prepaid expenses and other current assets 570,214 738,118
Total Current Assets 10,091,450 13,285,008
EQUIPMENT, net 172,404 198,631
OTHER ASSETS    
Security deposit 12,243 12,243
Intangible assets, net 14,648,969 15,208,219
Goodwill 740,912 740,912
TOTAL ASSETS 25,665,978 29,445,013
CURRENT LIABILITIES    
Accounts payable and accrued expenses 6,780,781 4,394,068
Notes payable 261,326 87,798
Total Current Liabilities 7,042,107 4,481,866
TOTAL LIABILITIES 7,042,107 4,481,866
STOCKHOLDERS' EQUITY    
Preferred stock, Series B; 6,000,000 shares authorized, $0.0001 par value, 0 shares issued and outstanding, respectively  
Common stock; 180,000,000 shares authorized, $0.0001 par value, 35,961,396 and 32,076,396 shares issued and outstanding, respectively 3,596 3,207
Additional paid-in capital 117,563,612 109,237,551
Accumulated deficit (98,943,337) (84,277,611)
Total Stockholders' Equity 18,623,871 24,963,147
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 25,665,978 $ 29,445,013