15. STOCK OPTIONS (Tables)

3 Months Ended

Dec. 31, 2014

Notes to Financial Statements

Stock option activity

				Weighted Average
	Options			Exercise Price			$
Outstanding as of September 30, 2012		5,920,000			0.131			776,800
Granted		6,830,000			0.122			836,000
Exercised		-			-			-
Forfeitures		(15,000	)		(0.240	)		(3,600	)
Outstanding as of September 30, 2013		12,735,000			0.126			1,609,200
Granted		395,000			0.100			39,500
Exercised		-			-			-
Forfeitures		(30,000	)		(0.217	)		(6,500	)
Outstanding as of September 30, 2014		13,100,000			0.125			1,642,200
Granted		-			-			-
Exercised		-			-			-
Forfeitures		(200,000	)		(0.120	)		(24,000	)
Outstanding as of December 31, 2014		12,900,000		$	0.125		$	1,618,200

Stock options outstanding and exercisable

			Weighted	Weighted				Weighted
			Average	Average				Average
Range of	Number		Remaining Life	Exercise Price		Number		Exercise Price
Exercise Prices	Outstanding		In Years	Exerciseable		Exerciseable		Exerciseable
0.090		500,000	5.39 years	$	0.090		500,000	$	0.090
0.100		4,020,000	5.36 years		0.100		2,765,417		0.100
0.130		5,100,000	4.93 years		0.130		4,683,333		0.130
0.150		3,100,000	5.39 years		0.150		3,100,000		0.150
0.240		180,000	.63 years		0.240		180,000		0.240
		12,900,000	5.09 years	$	0.125		11,228,750	$	0.133