PROPERTY AND EQUIPMENT

12 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 6 – PROPERTY AND EQUIPMENT

Property and equipment are summarized as follows:

	September 30,		September 30,
	2015		2014
Land	$	1,194,979	$	1,065,500
Building		3,938,544		4,387,880
Furniture and office equipment		576,741		316,715
Computer software		286,638		46,619
Machinery and equipment		3,663,526		2,234,423
		9,660,428		8,051,137
Less: Accumulated depreciation		(1,517,905)		(652,041)
Property and equipment, net	$	8,142,523	$	7,399,096

The Company completed the annual impairment test of property and equipment and determined that there was no impairment as the fair value of property and equipment, substantially exceeded their carrying values at September 30, 2015. Depreciation and amortization of property and equipment totaled approximately $772,434 and $494,654 for fiscal years ended September 30, 2015 and 2014, respectively.