I. LOSS PER COMMON SHARE

9 Months Ended

Jun. 30, 2016

Accounting Policies [Abstract]

I. LOSS PER COMMON SHARE

The following tables provide the details of the basic and diluted loss per-share (LPS) computations:

	Nine Months Ended June 30, 2016
	Net Loss			Weighted Average Shares		LPS
Basic and dilutive LPS	$	(10,352,366	)		117,412,443	$	(0.09	)

	Three Months Ended June 30, 2016
	Net Loss			Weighted Average Shares		LPS
Basic and dilutive LPS	$	(3,849,324	)		124,132,500	$	(0.03	)

	Nine Months Ended June 30, 2015
	Net Loss			Weighted Average Shares		LPS
Basic and dilutive LPS	$	(24,830,691	)		77,625,511	$	(0.32	)

	Three Months Ended June 30, 2015
	Net Loss			Weighted Average Shares		LPS
Basic LPS	$	(4,429,137	)		83,796,311	$	(0.05	)
Gain on derivatives		(1,100,760	)		1,337,796
Dilutive LPS	$	(5,529,897	)		85,134,107	$	(0.06	)

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In accordance with the contingently issuable shares guidance of FASB ASC Topic 260, Earnings Per Share, the calculation of diluted net earnings (loss) per share excludes the following securities because their inclusion would have been anti-dilutive as of June 30:

	2016		2015
Options and Warrants		86,066,292		38,786,333
Convertible Debt		-		1,871,283
Unvested Restricted Stock		15,100,000		15,100,000
Total		101,166,292		55,757,616