Correction of Previously Reported Loss Per Share

6 Months Ended

Mar. 31, 2013

Correction Of Previously Reported Loss Per Share [Abstract]

CORRECTION OF PREVIOUSLY REPORTED LOSS PER SHARE

NOTE 9 CORRECTION OF PREVIOUSLY REPORTED LOSS PER SHARE

During the year ended September 30, 2012 we determined that our presentation of net loss per share (basic and diluted) and weighted average number of shares outstanding (basic and diluted) in previously issued financial statements were not reported correctly.  This was due to the fact that our treasury shares were incorrectly reported as issued and outstanding.  The treasury shares reported as issued and outstanding totaled 2,500,000, and were included in the denominator of our loss per share calculation and in the total reported weighted average shares outstanding.  The correction of this did not result in any change to net loss, the balance sheet or to operations for the year ended September 30, 2012 or for any quarter in that year, or for the three months or six months ended March 31, 2013.  The treasury shares were retired during the year ended September 30, 2012.  The following table represents the changes in net loss per share (basic and diluted) and weighted average number of shares outstanding (basic and diluted) for the three months and six months ended March 31, 2012.

	For the Three Months Ended March 31, 2012
	Previously Stated			Corrected
Net Loss per Share (basic and diluted)	$	(0.06	)	$	(0.07	)
Weighted Average Number of Shares Outstanding (basic and diluted)		12,058,222			9,558,222

	For the Six Months Ended March 31, 2012
	Previously Stated			Corrected
Net Loss per Share (basic and diluted)	$	(0.10	)	$	(0.12	)
Weighted Average Number of Shares Outstanding (basic and diluted)		12,060,154			9,560,154