Shareholder's Equity (Tables)

12 Months Ended

Sep. 30, 2014

Shareholder's Equity [Abstract]

Weighted Average Assumptions Used In Valuation of Options Using Lattice Model

On January 6, 2012, the Board of Directors granted a total of 4,750,000 stock options to officers and board of directors members of the Company under the Company’s 2004 Stock Option Plan. The options vest over two years, are exercisable for a period of 2 years and have a $0.20 strike price. However, the options are only exercisable if the Company’s share price reaches $0.75 per share and remains consistently at or above that level for a period of one month.  They have a grant-date fair value of $63,711 or $0.013 per share based on and independent valuation of the options using a lattice model and the following weighted average assumptions:

Risk free interest rate	0.25	%
Dividend yield	0.00	%
Annual volatility	105.97	%
Exit/Attrition rates	2.00	%
Target exercise multiple	2.14	%

Stock Warrants Summary

Information regarding warrant, their respective changes and their weighted average exercise prices as of and for the fiscal years ended September 30, 2014 and 2013are as follows:

Description	Warrants		Weighted Average Exercise Price		Market Price Intrinsic Value
Balance at September 30, 2012		13,777,729		0.32		-
Granted		-
Exercised		-
Expired or cancelled		-
Balance at September 30, 2013		13,777,729		0.32		-
Granted		-
Exercised		-
Expired or cancelled		6,500,000
Balance at September 30, 2014		7,277,729		0.28		-