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 6 Months Ended
Mar. 31, 2018
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES      
Net loss $ (2,184,767) $ (6,336,125) $ (14,665,726)
Adjustments to reconcile net loss to net cash used by operating activities:      
Common stock issued for services   145,301 633,697
Stock option expense   730,997 846,270
Depreciation   5,535 31,060
Amortization of intangible assets 275,857 557,976 559,250
Gain on settlement of liabilities   1,228,805  
Loss on sale of property and equipment   17,814  
Loss on impairment of goodwill 740,912 740,912  
Changes in operating assets and liabilities      
Prepaid expenses and other current assets   (43,609) 310,429
Accounts payable and accrued expenses   (4,761,865) 2,386,713
Net Cash Used in Operating Activities   (7,714,259) (9,898,307)
INVESTING ACTIVITIES      
Purchase of property and equipment     (4,833)
Net Cash Provided by/ (Used in) Investing Activities     (4,833)
FINANCING ACTIVITIES      
Proceeds for issuance of common stock for cash     6,846,483
Proceeds from warrants exercised for cash   270,000 118,801
Repayments of short-term notes payable   (141,579) (87,798)
Net Cash Provided by/ (Used in) Financing Activities   128,421 6,877,486
NET CHANGE IN CASH   (7,585,838) (3,025,654)
CASH AT BEGINNING OF PERIOD   12,801,085 12,546,890
CASH AT END OF PERIOD $ 5,215,247 5,215,247 9,521,236
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION CASH PAID FOR:      
Interest   2,899 798
Income Taxes    
NON CASH FINANCING ACTIVITIES:      
Financing of insurance premiums through issuance of short term notes   $ 323,094 $ 261,326