Quarterly report pursuant to Section 13 or 15(d)

9. Stock Options (Tables)

v3.3.1.900
9. Stock Options (Tables)
3 Months Ended
Dec. 31, 2015
Share-based Compensation [Abstract]  
Stock option activity
      Number of Shares    

Weighted Average

Exercise Price

   

Weighted Average Remaining

Contractual Life

    Intrinsic Value  
  Outstanding at September 30, 2015       1,050,000     $ 1.87       4.76     $ 225,750  
  Granted                                
  Exercised                                
  Forfeited                                
  Outstanding at December 31, 2015       1,050,000     $ 1.87       4.50     $ 149,000  
  Exercisable at December 31, 2015       675,000     $ 1.73       4.01     $ 149,000  
Stock option exercise price
  Outstanding     Exercisable  
  Number of       Exercise       Number of       Exercise  
  Options       Price       Options       Price  
  187,500     $ 0.83       187,500     $ 0.83  
  150,000       1.25       150,000       1.25  
  187,500       1.67       37,500       1.67  
  37,500       2.08             2.08  
  37,500       2.50             2.50  
  450,000       2.53       300,000       2.53  
  1,050,000               675,000          
Non-vested share activity
Non-vested Shares     Number of Shares     Weighted-Average Grant-Date Fair Value
  Nonvested at September 30, 2015       375,000     $ 1.44
  Granted              
  Vested              
  Nonvested at December 31, 2015       375,000     $ 1.44