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WARRANT LIABILITY (Detail Textuals) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 9 Months Ended 0 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Sep. 30, 2013
Dec. 16, 2013
Warrants
Jun. 30, 2014
Series B Warrants
Dec. 16, 2013
Crede CG III, Ltd
Series A Warrants
Dec. 16, 2013
Crede CG III, Ltd
Series B Warrants
Class of Warrant or Right [Line Items]                  
Exercised     311,586       386,618 178,253 116,667
Fair value of the warrants           $ 2,455,042 $ 1,851,723    
Method used for determining allocated fair value of the Warrants           Binomial Lattice model Binomial Lattice model    
Fair value of Common Stock           $ 10.80 $ 7.20    
Dividend yield           0.00% 0.00%    
Expected terms           4 years 6 months 18 days 4 years 18 days    
Risk free interest rate           1.55% 1.27%    
Expected volatility           118.89% 107.98%    
Expected price at which holders exercise Warrants           $ 14.59 $ 14.09    
Change in fair value of warrant liability $ 515,543 $ 707,289 $ (1,663,316) $ (6,145,229) $ (7,508,146) $ (1,288,752)