Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
6 Months Ended
Mar. 31, 2012
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 10 – SUBSEQUENT EVENTS

 

On April 11, 2012, the Company received notice from an investor to exercise 43,392 warrants via a cashless exercise. According to the formula outlined in the warrant, the number of common shares to be issued under the cashless exercise was 12,662 and the shares were issued on April 16, 2012.

 

On April 16, 2012, the Company issued 15,000 common stock purchase warrants for services provided to the Company. Such warrants are exercisable for a three year period at $0.90.