Annual report pursuant to section 13 and 15(d)

Note 13: Stock-based Compensation (Tables)

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Note 13: Stock-based Compensation (Tables)
12 Months Ended
Sep. 30, 2012
Note 13 Stock-Based Compensation Tables  
Stock Options

The following table sets forth the activity with respect to unvested restricted stock grants (results reported in post-split amounts):

 

Outstanding (unvested) at September 30, 2010 4,903
Granted       -  
Forfeited    (8)
Vested    (3,553)
Outstanding (unvested) at September 30, 2011    1,342
Granted        -  
Forfeited      (26)
Vested      (1,053)
Outstanding (unvested) at September 30, 2012     263
Restricted Stock Awards

F

 

    Year Ended   Year Ended
    September 30, 2012   September 30, 2011
         
Volatility   -   107-108%
Risk-free interest rate   -   1.8-2.8%
Expected term   -   5.4-6.0 years
Forfeiture rate   -   0-50%
Dividend yield rate   -   0%

 

 

The following summarizes stock option activity for the year ended September 30, 2012:

 

          Weighted     Weighted        
          Average     Average     Aggregate  
    Number of     Exercise     Remaining     Intrinsic  
    Shares     Price     Contractual Life     Value  
Outstanding at September 30, 2011     24,013     $ 3.64       9.6          
Granted at market price     –                          
Exercised     –                          
Forfeited     (24,013 )   $ 3.64                  
Outstanding at September 30, 2012     –       –       –     $ –  
Exercisable     –     $ –       –     $ –