Annual report pursuant to Section 13 and 15(d)

6. Derivative Liability (Tables)

v2.4.1.9
6. Derivative Liability (Tables)
12 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value assumptions
  Inception September 30, 2014
Stock price $7.14 $2.98
Risk free rate .11% .13%
Volatility 142% 94%
Exercise prices $8.12 $2.93
Term (years) 1.00 .42
Schedule of derivative liability activity
  Amount
     
Derivative liability balance, September 30, 2013 $
Issuance of derivative liability during the year ended September 30, 2014   139,852
Change in derivative liability during the year ended September 30, 2014   (56,272)
Derivative liability balance, September 30, 2014 $ 83,580