NOTE RECEIVABLE	9 Months Ended
Jun. 30, 2011
Receivables [Abstract]
NOTE RECEIVABLE	NOTE 3 NOTES RECEIVABLE In connection with the Company’s letter of intent to acquire Flash Ventures, Inc. (Flash), see Note 11 to these Notes to Financial Statements, on January 5, 2011, the Company entered into a loan agreement with Flash Ventures to provide a credit facility of up to $1,000,000. Pursuant to the agreement Flash executed an unsecured, unsubordinated term note in favor of the Company, bearing interest at 11% per annum on any unpaid principal, payable quarterly commencing March 31, 2011. Principal of the note is payable upon maturity on December 1, 2011 (subject to acceleration in case of an event of default, as specified in the agreement), together with unpaid interest and any fees, expenses, and other amounts owing to the Company. On January 6, 2011 and January 19, 2011, Flash drew $600,000 and $400,000, respectively, in funds under the note, leaving no further funding available. Repayment of the amounts borrowed under the agreement and note are not contingent on reaching a definitive acquisition agreement pursuant to the letter of intent, which was terminated on April 14, 2011. On June 22, 2011, the Company loaned $190,000 to a prospective joint venture partner, a developer of protective cases for the consumer electronics industry, in consideration of its issuance of an unsecured, short-term promissory note in such principal amount.. The promissory note bears interest at 9% per annum on any unpaid principal. The principal amount, together with accrued and unpaid interest, is payable in full on or before maturity on September 22, 2011. Based on the representation of the prospective partner, proceeds of the loan are being used for working capital purposes related to the proposed joint venture. See Note 12 – Subsequent Events.

NOTE RECEIVABLE

9 Months Ended

Jun. 30, 2011

NOTE 3 NOTES RECEIVABLE

In connection with the Company’s letter of intent to acquire Flash Ventures, Inc. (Flash), see Note 11 to these Notes to Financial Statements, on January 5, 2011, the Company entered into a loan agreement with Flash Ventures to provide a credit facility of up to $1,000,000. Pursuant to the agreement Flash executed an unsecured, unsubordinated term note in favor of the Company, bearing interest at 11% per annum on any unpaid principal, payable quarterly commencing March 31, 2011. Principal of the note is payable upon maturity on December 1, 2011 (subject to acceleration in case of an event of default, as specified in the agreement), together with unpaid interest and any fees, expenses, and other amounts owing to the Company. On January 6, 2011 and January 19, 2011, Flash drew $600,000 and $400,000, respectively, in funds under the note, leaving no further funding available. Repayment of the amounts borrowed under the agreement and note are not contingent on reaching a definitive acquisition agreement pursuant to the letter of intent, which was terminated on April 14, 2011.

On June 22, 2011, the Company loaned $190,000 to a prospective joint venture partner, a developer of protective cases for the consumer electronics industry, in consideration of its issuance of an unsecured, short-term promissory note in such principal amount.. The promissory note bears interest at 9% per annum on any unpaid principal. The principal amount, together with accrued and unpaid interest, is payable in full on or before maturity on September 22, 2011. Based on the representation of the prospective partner, proceeds of the loan are being used for working capital purposes related to the proposed joint venture. See Note 12 – Subsequent Events.