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STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Mar. 31, 2015

Stockholders Equity Tables

Fair value warrants

The Company determine the fair value of these warrants using the following (level 3 inputs):

Stock price		$	0.128
Term (years)			2.5
Volatility			145	%
Risk-free interest rate			1.62	%
Exercise price		$	0.0001
Dividend yield			0.00	%

Summary of common stock warrants outstanding

The following table reflects a summary of common stock warrants outstanding and warrant activity during the periods:

		Number of Warrants				Weighted Average Exercise Price				Weighted Average Term (Years)				Aggregate Intrinsic Value
Warrants outstanding at September 30, 2014			2,000,000			$	0.0001				4.9			$	-
Changes during the year:
Granted			5,000,000				0.0001				5.0				-
Exercised			(7,000,000	)			0.0001				4.9				-
Forfeited			-				-				-				-
Warrants outstanding at March 31, 2015			-			$	-				-			$	-
Warrants exercisable at end of period			-			$	-				-			$	-

Summary of Stock option activity

Stock option activity summary covering options is presented in the table below:

		Number of Options				Weighted Average Exercise Price				Weighted Average Term (Years)				Aggregate Intrinsic Value
Options outstanding at September 30, 2014			10,000,000			$	0.02				6.2			$	-
Changes during the year:
Granted			-				-				-				-
Exercised			(9,882,352	)			(0.02	)			5.8				-
Forfeited			(117,648	)			(0.05	)			2.7				-
Options outstanding at March 31, 2015			-			$	-				-			$	-
Options exercisable at end of period			-			$	-				-			$	-

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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