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2011 INCENTIVE STOCK PLAN (Tables)

12 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Activity


			Weighted			Fair
			Average			Value
			Exercise			On		Intrinsic
	Shares		Price			Grant Date		Value

Outstanding, beginning of year	248,319		$	40.00		8,412,783		$	162,470
Granted	-			-		-			-
Exercised	-			-		-			-
Forfeited/canceled	(15,000)			26.57		(397,800)			-

Outstanding, end of year	233,319		$	40.26		8,014,983		$	-
Vested/exercisable at end of year	228,013		$	40.53				$	-

Schedule of Unvested Option and Warrant Activity

									Fair
					Weighted				Value
					Average				on
					Exercise				Grant
	Shares				Price				Date

Outstanding, beginning of year			30,609			$	35.91			$	916,808
Cancelled			(15,000	)			26.52				(397,800	)
Vested			(10,303	)			40.53				(411,669	)

Outstanding, end of year			5,306			$	28.41			$	107,339

Weighted average assumptions used for option grants

		2013

Expected term		1-5 years
Expected average volatility			124%-182	%
Expected dividend yield			0	%
Risk-free interest rate			.62%-.1.58	%
Expected annual forfeiture rate			0	%

Shares Authorized under Stock Option Plans

At September 30, 2014, the Company had the following common stock equivalents from detachable warrants issued with the convertible debt, which are not included in the information above.

		Exercise
		Price			Shares

Detachable warrants – August 2014		$	0.30		82,031
Detachable warrants - January 2014		$	0.30		467,243
Detachable warrants – November 2013		$	0.30		129,154
Detachable warrants - 2011		$	0.30		64,715
					743,143

At September 30, 2013, the Company had the following common stock equivalents from convertible debt and the detachable warrants issued with the convertible debt, which are not included in the information above.

						Exercise
		Amount				Price				Shares

Convertible debt		$	5,000			$	5.00				1,000
Detachable warrants – March 2013 A						$	30.00				99,045
Detachable warrants – March 2013 B						$	12.00				27,208
Detachable warrants - 2011						$	24.00				46,798
Detachable warrants - 2011						$	50.00				17,917
Detachable warrants – issued with exchange						$	60.00				43,009
											234,977

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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