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Shareholders' Equity and Related Party Transactions (Tables)
9 Months Ended
Jun. 30, 2012
Shareholders' Equity and Related Party Transaction [Abstract]  
Schedule of stock options activity

Weighted

Weighted

Average

Average

Contractual

Aggregate

Exercise

Term

Intrinsic

Shares

Price

(Years)

Value

Outstanding at September 30, 2011

286,000

$

1.13

Granted

85,000

$

0.19

Exercised

-

$

-

Forfeited

-

$

-

Expired

(45,000)

$

2.24

Outstanding at June 30, 2012

326,000

$

0.58

4.03

$

250.00

Options exercisable at June 30, 2012

282,250

$

0.77

3.23

$

62.50

Schedule of weighted average assumptions

Fiscal 2012

Fiscal 2011

Dividend yield

None

None

Expected volatility

178.62%

128.60%

Expected annual forfeiture rate

10%

10%

Risk-free interest rate

0.50%

1.10%

Expected term (years)

4

4

Schedule of issue of equity to related party

# of Shares

Amount

To the chairman of the board, October 18, 2011

87,500

$

35,000

To a board member, December 1, 2011

192,308

25,000

To the chairman of the board, December 2, 2011

230,769

30,000

To a board member, December 7 2011

138,889

25,000

To the chairman of the board, December 23, 2011

200,000

30,000

To a board member, January 10, 2012

500,000

75,000

To a board member, February 7, 2012

272,727

60,000

To the chairman of the board, February 9, 2012

272,727

60,000

To a board member, April 30, 2012

125,000

25,000

To the chairman of the board, April 30, 2012

125,000

25,000

To the chairman of the board, May 11, 2012

136,364

30,000

To a board member, May 14, 2012

136,364

30,000

2,417,648

$

450,000