STOCKBASED AWARDS (Tables)

9 Months Ended

Jun. 30, 2022

STOCKBASED AWARDS (Tables)

Schedule Of Option-pricing Model Using The Assumptions

	Options Granted at May 6, 2021			Options Granted at October 8, 2020
Expected volatility		167.9	%		171.9	%
Stock price on date of grant	$	0.20		$	0.25
Exercise price	$	0.25		$	0.25
Expected dividends		-			-
Expected term (in years)		5			5
Risk-free rate		0.05	%		0.09	%
Expected forfeiture rate		0	%		0	%
Fair value at grant date	$	519,400		$	259,985

Summary Of Options Activity

	Options			Weighted Average  Exercise Price
Outstanding at September 30, 2020		5,400,000		$	0.16
Granted		3,885,000			0.12
Expired		(950,000	)		(0.43	)
Outstanding at September 30, 2021		8,335,000			0.18
Granted		-			-
Expired		-			-
Outstanding at June 30, 2022		8,335,000		$	0.18
Outstanding and exercisable at June 30, 2022		7,960,000		$	0.17
Weighted average remaining contractual term (years)					2.56