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STOCK WARRANTS
6 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
STOCK WARRANTS

12. STOCK WARRANTS

 

The following is a summary of stock warrants activity during the year ended September 30, 2016 and 2015. 

 

    Number of Shares       Weighted Average Exercise Price
Balance, September 30, 2015   8,097,600     $ 0.10
Warrants granted and assumed   5,014,500     $ 1.38
Warrants expired   —         —  
Warrants canceled   —         —  
Warrants exercised   —         —  
Balance, September 30, 2016   13,112,100     $ 0.59
Warrants granted and assumed   —       $ —  
Warrants expired   —         —  
Warrants canceled   —         —  
Warrants exercised   4,500,000       0.083
Balance, March 31, 2017   8,612,100     $ 0.85

 

As of March 31, 2017, there are warrants exercisable to purchase 8,612,100 shares of common stock in the Company.