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Certain Relationships and Related Transactions (Tables)
12 Months Ended
Sep. 30, 2015
Certain Relationships And Related Transactions Tables  
Stock payable - related party

 

 

   

Sept. 30,

2015

   

Sept. 30,

2014

 
Beginning balance   $ 3,000,000     $ -  
Stock payable resulting from the acquisition of GPS Global     -       3,000,000  
Stock payable resulting from the acquisition of Track Group Analytics     1,170,000       -  
Payment of shares for achieving performance milestones     (668,590 )        
Ending balance   $ 3,501,410     $ 3,000,000  

 

Schedule of Related Party Transactions

 

 

   

Sept. 30,

2015

   

Sept. 30,

2014

 
                 
Loan from a significant shareholder with an interest rate of 8% per annum. Principal and interest due at maturity on December 30, 2015.   $ -     $ 1,200,000  
Promissory note with a significant shareholder with an interest rate of 8% per annum. Principal and interest due at maturity on November 19, 2015.     -       1,500,000  
Related party loan with an interest rate of 3% and 8% per annum for undrawn and borrowed funds, respectively. Principal and interest due September 30, 2017.     -       -  
Total related-party debt obligations     -       2,700,000  
Less current portion     -       -  
Long-term debt, net of current portion   $ -     $ 2,700,000