PROPERTY AND EQUIPMENT

12 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

At September 30, 2014 and 2013, property and equipment consisted of:

	Estimated
	Useful Life	2014		2013

Furniture and fixtures	5 years	$	2,925	$	2,925

Lab equipment	5 years		1,000		3,066

			3,925		5,991

Less - accumulated depreciation			3,925		5,669
		$	-	$	322

Depreciation expense for the years ended September 30, 2014 and 2013 was $322 and $586, respectively.

During the year ended September 30, 2014, the Company disposed of certain property and equipment with historical costs of $2,066 and accumulated depreciation thereon of $2,066.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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