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STOCK OPTIONS AND WARRANTS - Summary of value of options granted using Black Scholes Option Pricing Model with weighted average assumptions (Details 2) (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]    
Stock price $ 7.47 $ 6.07
Exercise price $ 5.81 $ 7.29
Dividend yield 0.00% 0.00%
Volatility 110.46% 112.19%
Risk free rate 1.19% 0.95%