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STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
GRANT INCOME AND OTHER $ 17,258 $ 20,976
OPERATING EXPENSES:    
Research and development 4,024,856 5,169,507
General & administrative 1,407,009 634,601
Total operating expenses 5,431,865 5,804,108
OPERATING LOSS (5,414,607) (5,783,132)
GAIN ON DERIVATIVE INSTRUMENTS 8,928,312 8,122,960
INTEREST INCOME, NET 23,097 1,985
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 3,536,802 $ 2,341,813
NET INCOME PER COMMON SHARE    
BASIC $ 0.02 $ 0.02
DILUTED $ 0.01 $ 0.02
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
BASIC 149,860,777 109,768,502
DILUTED 152,117,711 111,639,785