9. DERIVATIVE LIABILITY (Tables)

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Fair Value of Derivative Liability

	Fair Value Measurements Using Inputs						Carrying Amount at September 30,
Financial Instruments	Level 1		Level 2		Level 3		2015
Liabilities:
Derivative Instruments - Warrants	$	-	$	1,377,175	$	-	$	1,377,175
Total	$	-	$	1,377,175	$	-	$	1,377,175

	Fair Value Measurements Using Inputs						Carrying Amount at December 31,
Financial Instruments	Level 1		Level 2		Level 3		2014
Liabilities:
Derivative Instruments - Warrants	$	-	$	2,100,915	$	-	$	2,100,915
Total	$	-	$	2,100,915	$	-	$	2,100,915