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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenue $ 0 $ 0 $ 0 $ 0
Cost of revenue 0 0 0 0
Gross profit 0 0 0 0
Operating expenses:        
General and administrative [1] 644,545 620,788 2,343,296 1,704,860
Research and development 136,131 277,326 345,645 974,585
Consultancy fees third parties and related parties [2] (100,192) 49,126 454,218 56,541
Legal and professional fees 128,901 283,132 521,868 862,134
Total operating expenses 809,385 1,230,372 3,665,027 3,598,120
Loss from operations (809,385) (1,230,372) (3,665,027) (3,598,120)
Other income/(expense):        
Foreign currency transaction (loss)/gain 5,420 16,816 (5,951) 80,551
Total Other income/(expense) 5,420 16,816 (5,951) 80,551
Loss from operations before income taxes (803,965) (1,213,556) (3,670,978) (3,517,569)
Income tax provision 0 0 0 0
Net loss $ (803,965) $ (1,213,556) $ (3,670,978) $ (3,517,569)
Basic and diluted loss per share attributable to common shareholders (in dollars per share) $ (0.01) $ (0.02) $ (0.05) $ (0.05)
Basic and diluted weighted average common shares outstanding (in shares) 68,908,003 68,046,465 68,908,003 65,802,020
[1] Share based payments to employees have been reclassified from consultancy fees third parties to general and administrative expenses for the three and nine months ended June 30, 2017 to conform to current year presentation.
[2] Consultancy fees to related parties three and nine months ended June 30, 2017 have been combined and included with consultancy fees third parties in both periods presented.