XML 15 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8
Common Stock (Details Textual) (USD $)
0 Months Ended 12 Months Ended 121 Months Ended 0 Months Ended
Oct. 31, 2008
Jul. 11, 2007
Jun. 22, 2007
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Oct. 28, 2013
Sep. 30, 2013
Warrant [Member]
Sep. 30, 2012
Warrant [Member]
Aug. 15, 2013
Six Directors and Two Consultants [Member]
Jul. 31, 2013
Private Placement [Member]
Jun. 20, 2013
Private Placement [Member]
Nov. 23, 2012
Private Placement [Member]
Common Stock (Textual)                          
Issuance of common stock (in shares)                     45,111,778 850,000 42,857,142
Issuance of common stock, per unit                       $ 0.05 $ 0.07
Issuance of common stock (value)                     $ 22,000,000 $ 42,500 $ 3,000,000
Deposit on stock subscription          300,000 300,000              
Description Of Warrant                       Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $0.075 per common share for a period of three years from the date of closing, provided that if the closing price of the common shares of the Company on the principal market on which the shares trade is equal to or exceeds $1.00 for 30 consecutive trading days, the warrant term shall automatically accelerate to the date which is 30 calendar days following the date that written notice has been given to the warrant holders. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $0.105 per common share for a period of three years from the date of closing, provided that if the closing price of the common shares of the Company on the principal market on which the shares trade is equal to or exceeds $1.00 for 30 consecutive trading days, the warrant term shall automatically accelerate to the date which is 30 calendar days following the date that written notice has been given to the warrant holders.
Number of common stock and common stock purchase warrant consists by each unit                       1 1
Exercise price of warrant             0.105   0.1048     0.075 0.105
Warrants exercise term                       3 years 3 years
Share price                       $ 1.00 $ 1.00
Number of consecutive trading days                       30 days 30 days
Warrants expiration date Oct. 31, 2011 Jul. 11, 2012 Jun. 22, 2012                 Jun. 20, 2016 Nov. 23, 2015
Number of warrant grants during period 14,500,000 38,800 1,000,000                    
Total value of common shares                       27,448 1,985,249
Total value of warrants                       15,052 1,014,751
Warrant Outstanding               72,424,759 29,285,713        
Historical fair market value of warrant               1,743,336 763,533        
Expected volatility, Minimum       96.00%                  
Expected volatility, Maximum       116.00%                  
Expected term       5 years                  
Risk-free Interest rate, Minimum       0.62%                  
Risk-free Interest rate, Maximum       1.31%                  
Number of option and warrants, Exercised                   3,768,096      
Proceeds from stock options exercised                   $ 372,000      
Return of capital distribution per share       $ 0.07                  
Record date       Aug. 16, 2013