5. CONVERTIBLE PROMISSORY NOTES (Tables)

9 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

For purpose of determining the fair market value of the derivative liability for the embedded conversion, the Company used Black Scholes option valuation model. The significant assumptions used in the Black Scholes valuation of the derivative are as follows:

Risk free interest rate	Between 0.10% and 1.06%
Stock volatility factor	Between 61.10% and 256.58%
Months to Maturity	6 months to 2 years
Expected dividend yield	None