Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement [Abstract]        
Net revenues $ 777,857 $ 1,124,976 $ 2,450,971 $ 3,237,763
Cost of services 108,661 1,048,229 571,088 3,455,589
Gross profit 669,196 76,747 1,879,883 (217,826)
Operating expenses:        
General and administrative expenses 742,353 1,172,531 2,330,595 4,756,487
Sales and marketing expenses 1,712 19,543 2,291 56,318
Total operating expenses 744,065 1,192,074 2,332,886 4,812,805
Operating loss (74,869) (1,115,327) (453,003) (5,030,631)
Other income (expense):        
Interest income (expense), net (64,845) (24,151) (149,401) (22,899)
Other income (expense) (150,000) (11,455) (141,750) (11,455)
Total other income (expense) (214,845) (35,606) (291,151) (34,354)
Loss before income taxes (289,714) (1,150,933) (744,154) (5,064,985)
Income tax provision (benefit)        
Loss from continuing operations (289,714) (1,150,933) (744,154) (5,064,985)
Discontinued operations        
Income (loss) from discontinued component, including disposal costs 7,944 7,561 11,753 (123,486)
Income tax provision (benefit)        
Income (loss) from discontinued operations 7,944 7,561 11,753 (123,486)
Net loss $ (281,770) $ (1,143,372) $ (732,401) $ (5,188,471)
Earnings per share - basic and diluted:        
Loss from continuing operations $ (0.12) $ (1.69) $ (0.39) $ (7.68)
Discontinued operations $ 0.00 $ 0.01 $ 0.01 $ (0.19)
Net loss $ (0.12) $ (1.68) $ (0.38) $ (7.87)
Weighted average common shares outstanding:        
Basic 2,402,168 682,374 1,928,589 659,296
Diluted 2,402,168 682,374 1,928,589 659,296