SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Mar. 31, 2013

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of stock option activity under the 2011 Plan and 2007 Plan

	Shares	Weighted Average Exercise Price	Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at September 30, 2012	1,142,000	$3.31	4.3	$ --
Granted..........................................................................	120,000	1.14	9.1	--
Exercised.......................................................................	--	--	--	--
Forfeited.......................................................................	(365,000)	3.43	--	--
Expired..........................................................................	--	--	--	--
Outstanding at March 31, 2013	897,000	$2.98	6.3	$ --
Options expected to vest at March 31, 2013.................	435,150	$2.90	8.7	--
Options vested and exercisable at March 31, 2013....	414,700	$3.04	4.6	--

Schedule of assumptions for estimating the fair value of each stock option

	For the Six-Month Periods Ended March 31,
	2013	2012
Expected term (in years)	5.0	3.0 to 5.0
Risk-free interest rate.........	0.6%-0.7%	0.04% to 0.83%
Expected volatility..............	70.0%-70.4%	63% to 69%
Expected dividend yield.....	0%	0%
Forfeiture rate......................	5%	9.1%

Schedule of restricted stock activity under the 2007 Plan

	Shares	Weighted Average Grant Date Fair Value
Non-vested balance at September 30, 2012.....................	7,500	$2.02
Changes during the period:
Shares granted...............................................................	371,375	1.16
Shares vested................................................................	(7,500)	2.02
Shares forfeited.............................................................	--	--
Non-vested balance at March 31, 2013............................	371,375	$1.16