CONVERTIBLE PREFERRED STOCK (Tables)

9 Months Ended

Jun. 30, 2015

CONVERTIBLE PREFERRED STOCK

Schedule of two series of convertible preferred stock outstanding

The Company has two series of convertible preferred stock outstanding at June 2015 as identified in the following table:

	Series A			Series B
Date of issuance:	June 17, 2004			October 8, 2004
Optionally redeemable beginning	June 18, 2006			October 9, 2006
Par value (gross proceeds):	$	2,500,000		$	400,000
Number of shares:	100,000			16,000
Liquidation preference per share:	$	25.00		$	25.00
Conversion price per share:	$	30.31		$	24.65
Number of common shares in which to be converted:	82,481			16,227
Dividend rate:	6.785		%	6.37		%