Annual report pursuant to section 13 and 15(d)

Note 10. Warrants (Tables)

v2.4.0.8
Note 10. Warrants (Tables)
12 Months Ended
Sep. 30, 2013
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrants issued
    Number of Units     Weighted
Average
Exercise Price
    Weighted
Average
Remaining
Contractual
Term (in years)
    Intrinsic Value  
                         
Outstanding at September 30, 2012     109,139     $ 2.85       4.95       253,202  
Granted     846,363       1.78                  
Exercised                            
Outstanding at September 30, 2013     955,502     $ 1.90       4.39       1,471,998  
Exerciseable at September 30, 2013     955,502     $ 1.90       4.39       1,471,998  
Fair value assumptions
Volatility    121%-127%
Risk-free interest rate    .74% -.89%
Expected term    5 years
Forfeiture rate   0%
Dividend yield rate   0%