Common Stock

12 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Common Stock

(8) Common Stock

Common Stock Issuances

During the fiscal year ended September 30, 2015, the Company issued 168,158 shares of Common Stock.  Of these shares, 28,753 shares were issued for services rendered to the Company valued at $306,577; 97,777 shares valued at $1,148,741 were issued in connection with the acquisition of a subsidiary and for that subsidiary meeting performance milestones; and 40,628 shares were issued to pay Board of Director fees of $438,417. See note 9 for additional Common Stock issued under the 2012 Equity Compensation Plan.

During the fiscal year ended September 30, 2014, the Company issued 287,627 shares of Common Stock.  Of these shares, 16,907 shares were issued upon conversion of 207 shares of Series D Preferred stock; 15,343 shares were issued for services rendered to the Company valued at $243,018; 236,469 shares valued at $4,500,000 were issued in connection with the acquisition of a subsidiary; 10,646 shares valued at $8,000 were issued upon the exercise of options and warrants; 1,252 shares were issued to pay dividends from Series D Preferred of $24,012; and 7,010 shares were issued to pay Board of Director fees of $127,500.