STOCK OPTIONS (Tables)

9 Months Ended

Jun. 30, 2012

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of stock option activity is presented below:

	Shares		Weighted Average Exercise Price		Weighted Average Contractual Term		Aggregate Intrinsic Value
Outstanding, October 1, 2011		396,600	$	22.82		5.50 Years	$	202,642
Options:
Granted		251,500	$	14.40		2.00 Years
Exercised		—
Canceled or expired		—
Outstanding, June 30, 2012		648,100	$	19.56		6.75 Years	$	408,680
Exercisable at June 30, 2012		396,600	$	22.82		4.75 Years	$	398,640