Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES    
Net loss $ (4,151,358) $ (6,975,654)
Adjustments to reconcile net loss to net cash used by operating activities:    
Common stock issued for services 135,701 440,052
Stock option expense 629,286 566,573
Depreciation 2,867 15,736
Amortization of intangible assets 282,118 282,699
Changes in operating assets and liabilities    
Prepaid expenses and deposits 122,556 247,926
Accounts payable and accrued expenses (1,229,054) (507,793)
Security Deposit used 12,243  
Net Cash Used in Operating Activities (4,195,641) (5,930,461)
INVESTING ACTIVITIES    
Purchase of property and equipment (4,833)
Net Cash Provided by (Used in) Investing Activities (4,833)
FINANCING ACTIVITIES    
Proceeds from issuance of common stock for cash   6,846,483
Proceeds from warrants exercised for cash 225,000 118,801
Repayments of short-term notes payable (106,387) (87,798)
Net Cash Provided by (Used in) Financing Activities 118,613 6,877,486
NET CHANGE IN CASH (4,077,028) 942,192
CASH AT BEGINNING OF PERIOD 12,801,085 12,546,890
CASH AT END OF PERIOD 8,724,057 13,489,082
CASH PAID FOR:    
Interest $ 1,770 $ 1,320