Quarterly report pursuant to Section 13 or 15(d)

8. Warrants (Tables)

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8. Warrants (Tables)
9 Months Ended
Jun. 30, 2014
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrants issued

The following table summarizes information about the Company’s warrants at June 30, 2014:

 

    Number of Units     Weighted 
Average 
Exercise Price
    Weighted Average Remaining Contractual Term (in years)     Intrinsic Value  
Outstanding at September 30, 2013     2,866,506     $ 0.63                  
Granted                              
Exercised                              
Outstanding at June 30, 2014     2,866,506       0.63       3.64     $ 10,717,143  
Exercisable at June 30, 2014     2,866,506       0.63       3.64     $ 10,717,143