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ACCOUNTING POLICIES (Tables)
9 Months Ended
Jun. 30, 2018
ACCOUNTING POLICIES [Abstract]  
Schedule of potential common shares issuable upon the exercise of outstanding options and the exercise of warrants

The following table sets forth potential common shares issuable upon the exercise of outstanding options and the exercise of warrants, all of which have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive:

 

 

 

 

 

 

 

 

 

June 30, 2018

 

June 30, 2017

Stock options

 

4,829,875

 

 

 

3,162,375

 

Warrants

 

1,926,501

 

 

 

1,440,501

 

Total shares issuable upon exercise or conversion

 

6,756,376

 

 

 

4,602,876

 

Schedule of computation of net loss per share

The following is the computation of net loss per share for the following periods:

 

 

 

 

 

 

 

 

 

For the Three Months Ended June 30,

 

2018

 

2017

 

(Unaudited)

 

(Unaudited)

Net loss for the period

$

(803,965

)

 

$

(1,213,556

)

Weighted average number of shares

68,908,003

 

 

68,046,465

 

Net loss per share (basic and diluted)

$

(0.01

)

 

$

(0.02

)

 

 

 

 

 

 

 

 

 

For the Nine Months Ended June 30,

 

2018

 

2017

 

(Unaudited)

 

(Unaudited)

Net loss for the period

$

(3,670,978

)

 

$

(3,517,569

)

Weighted average number of shares

68,908,003

 

 

65,802,020

 

Net loss per share (basic and diluted)

$

(0.05

)

 

$

(0.05

)