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D. FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Measured at fair value on a recurring basis

 

The table below sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the condensed balance sheet at March 31, 2019:

 

 

Quoted Prices in Active Markets for Identical Assets or Liabilities

 (Level 1)

Significant Other Observable Inputs

 (Level 2)

Significant Unobservable Inputs

 (Level 3)

Total
         
Derivative instruments  $ -  $ -   $4,727,929  $4,727,929

 

The table below sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the condensed balance sheet at September 30, 2018:

 

 

Quoted Prices in Active Markets for Identical Assets or Liabilities

(Level 1)

Significant Other Observable Inputs

(Level 2)

Significant Unobservable Inputs

(Level 3)

Total
         
Derivative instruments  $33   $ -   $9,317,031   $9,317,064 

  

Reconciliation of beginning and ending balances related to fair value measurements using significant unobservable inputs (Level 3)
    Six Months Ended     Year Ended  
   

March 31,

2019

   

September 30,

2018

 
             
Beginning balance   $ 9,317,031     $ 2,020,629  
Issuances     -       -  
Exercises     -       (595,780 )
Realized and unrealized (gains) and losses     (4,589,102 )     7,892,182  
Ending balance   $ 4,727,929     $ 9,317,031