SHARE-BASED PAYMENTS (Tables)

9 Months Ended

Jun. 30, 2013

Common Stock and Preferred Stock [Abstract]

Common Stock And Preferred Stock [Table Text Block]

The following is a summary of the option activity:

	Number of  Options
Outstanding as of September 30, 2012		120,000
Granted		-
Exercised		-
Forfeited		40,000
Outstanding as of June 30, 2013		80,000